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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 4, 1973, Lethbridge, Alberta 28 THE IETHBRIDGE HERALD Friday, May 4, 1973 Science ministry said Rolls-Royce to remain British firm, after all a success MONTREAL Co-ordi-1 During a question period, Dr. nation of all tc'ier.'.ific research i Bcaulncs said federal funds for the provinces in the area of sci- ence "should be more visible.' This might help strengthen sci- ence spending and would help to correct regional disparities. Earlier in the day, delegates to Use two-day meeting dis- cussed energy policy. Some speakers said Canada should hoard all its oil and gas re- i sources for its own use in future effort is the major role ot the year-old science ministry, its chief bureaucrat said Thursday night. Dr. Aurele Beaulues, secre- tary to the ministry, described the role and ahr.- of the minis- try to the Association of Scien- tific. and Tech- nological Conun ada, meeting h3'-e. of Can- The ministry wishes to bring i years. Others advocated a "sell better balance to government ar.d industrial lesearch and de- velopment, then to do the same Oiing on Canadian campuses, lie said. After that, the ministry could turn to national policies for oceans, the Arctic and space. ''Yes. our ministry has been a success.'' he said m answer to controlled ''cartels." one of the 100 delegates at the association's annual banquet. He told the meeting, which in- cluded a high proportion of aca- demics, that tie ministry's pol- icy of encouraging t h e con- tracting out of research to in- dustry, also can be applied to universities. XREDS IROMNG GOT row'' policy. Panel members and most speakers during question peri- ods indicated they believe energy prices would rise, but various delegates said care must be taken to see that in- cteases benefited the Canadian economv rather than foreign- LONDON (CP) Motors is to remain an inde- pendent British firm with the j decision Thursday to reject all the takeover bids submitted earlier this week in a secret auction. A public share offering will be made instead and is ex- pected to earn million million) which will pay off some of the 130 million owed to creditors of the bankrupt firm. The highest tender received from a private bidder is re- ported to be about 35 million but the bankers handling the sale, N. M. Rothschild and Sons Ltd., refused to confirm this. All the secret bids were made by British firms and the stipu- lation that the Rolls-Royce name would not be passed on to any foreign buyer is considered responsible for the failure of the auction. The share sale concerns only the profitable diesel motor and Royce Ltd. run by a private, foreign interest. The nation- alized part of the old company is called Rolls-Royce (1971) Ltd. D. A. S. Plastow, managing director of Rolls-Royce Motors, also was present for the an- nouncement and said: "This is certainly the most exciting day of my business life." Earlier, he issued a statement to Rolls-Royce employees say- ing: "As an independent com- pany we now have to demon- strate to the world that Rolls- Royce motors is a successful company with an exciting fu- ture for all of us." The company has predicted a 1973 after-tax profit of 000 and on that basis the earn- ings per share of the new stock issue are estimated at 5.58 pence. The least-expensive Rolls- Royce automobile sells for 500 and production last year totalled the highest number since the first one was made in 1904. Although four speakers automobile division of Rolls- agreed that Canada's energy j R0yce, the British government supplies are adequate for its having already committed itself immediate and probably longer- to the purchase of the aircraft tcim :im needs. George Grant o f engine division, 'algary, petroleum geologist I x.t for Chevron Standard Ltd., said the world's known energy re- sources probably would not last; irore than about another 33, CAUSED BANKRUPTCY It was the aero-engine oper- j a'ion which caused the 1971 bankruptcy when it ran into dif-' acuities with its RB-211 jet en-1 gine. produced for the Ameri-1 can Lockheed Tri-Star airliner. The stock sale involves 36 ''We need more jcars. more discussion, before ex-. Dr. Patterson said that plans panding it." he said, but the for new sources might take 30. policy is a philosophy and 40 or even 50 vears to develop stock sale involves -ib we believe full'- million shares in Rolls-Royce -------------11 :r______________ -__________________ Motor Holdings Ltd. at 90 pence each and a further million of i eight-per-cent loan stock. Rothschilds said the share is- I sue is already fully subscribed i and the allocation of shares to 1 city financial institutions will take account of the purchaser's i nationality. It will remain im- j possble for an overseas interest I to buy a controlling share of the i firm and carry on business un- j der the Rolls-Royce name. Jcco Rothschild, a director svna REGLVA 'CP) The 26th conference is grassroots general sjnod of the Anglican j volvement, he said. democratic than ever be- j i- PIimale .amPhfied hls of the Merchant Bank, told a caU for democratic processes in I news conference that British church work m his opening an-! Scott of Toronto, primate of the dress later to more' than news conerence a rs church work m his opening aa- law allows Rolls.Rovce to re. fore.'' says Most Rev. Edward church later to more than 300 fuse to w share cnurcn. delegates attending the nine-day -ivhirh would shift fi He told a news conference i svnod pnrcnase wmch would snm n- ..r i nancial control to a ioreign We cio not the right ncr f Thursday i he be .'on before he a 1.5 she responsibility to plan for j GOYFHVJFVT'S million he promised other levels, although ue need A-nlaiwd that HIP 1 mmseli to work for "si-eater in- to recognize that the decisions puts from all le'.eis of the els of the He explained that the British government has rights to the name, having taken over the aero-engine division, and would be in an embarrassing situation if there were another Rolls-! T CllOSeil for jump church." upon other But there must be some church." "housekeepine ruW and cer-i He asked delegates to "talk tain issues should be dealt with openly and frankly" in dis- hy those "v.ho are better cus-intj issues, including pos- tramed to deal v.ith them.' i sible priesthood for women. pro- Archbishop Scott said this sy-j posed union with U.o other nod is "unique" in that only a! churches to form the Church of minimum of resolutions will' Christ in Canada, abortions, come from the national church, church vvork in the north and "We have set up group ses- better pensions for the clergy, sions which will discuss the is- The primate's address fol- sues before the synod and lowed an present resolutions to the ceremony as five archbishops Armed Forces were chosen here Plenary sessions. _ ?nd 33 bishops of the National to represent Canada at the in- The governing policy lor the church, the four ecclesiastical ternational military free fall provinces and 28 diocese took j parachuting competitions at part in communion. i Schaffen, Belgium, beginning The service was also attended May 18. by Anglican bishops from j They are: Sgt. S. F. Wyke- Puerto Rico and England, and ham Martin and Douglas by representatives of the other Hubbs, both of Canadian Air- major Christian faiths. bome Centre in Edmonton Betty Graham of Toronto, Master Cpl. R. J. Gallant and prolocutor, presented an ad- Cpl. R. 0. J. Benoit of the Ed- CReuter'- to the Queen, and Lt- monton based Canadian Air- EDMONTOX (CP) Five impressive opening i members of the Canadian Smuggie drugs in dead bodies BALTIMORE ies of United States soldiers. wan be able to find some ops next week to compete was sentenced Thursday to 20 answers to today's church prob- j against military parachutists years in prison._______________lems._____________ I from more than 30 countries. Nameless murdered arid buried But the mystery remains VANCOUVER ed by only a handful of strang- ers, a murdered teen-age girl went to her grave Thursday v.' i t h her identity s'.ill a s- tery and her slayer still at large. In her namelessness, she v.as mourned simply as a hu- man being deserving of love and sympathy. "Everyone should have flow- said a handwritten note on a bouquet placed on her grey coffin. i The body of the girl, about 16, was discovered March 21 in i undergrowth in Stanley Park bv a man searching for beer bottles. Tho skull had smashed, possibly by a 2iv pcund rock that was lying on 1 the I Beneath the badly decom- posed body v.as a newspaper cla'ed May. 1972. leading ponce to believe it had lain in the pr.rk for almost a jear Rev. Jokasaari began DEANE R. GUNDLOCK IB a B S A 9 ESTIMONIAL DINNER Saturday, May 5th, 7 p.m. Lefhbridge Community College Guest Speaker RT. HON. JOHN G. DIEFENBAKER tickets per plate, on sole at leister's Inserted by the IETHBRIDGE PC ASSOC. I his service with the 139th psalm '-Qh. Lord, thou hast searched me, and know I me." It was a death of puzzling questions, he said. "Who was she? Where was she from? Why did this thing The answers were not known i but "she was one of us I and as such deserves our love and our deepest sympathy. Ths dozen mourners attend- fog the funeral chapel service I women ar.d two men of an age to have a teen-aged daughter of their 1 own. I Eight of the mourners travel- led in the funeral procession to the grave, which like the I vice, is being paid for by the city. Funeral parlor staff, re- porters and photo graphers made up the remainder of the procession. j Police said as complete a da- scription cf the girl as possible has been circulated to police throughout Canada and the United States and a chart of dental work has been dis- tributed to dentists across Can- I ada. The only response was from a couple in Red Deer, whose daughter was missing. They were unable to identify the body. Police believe the pos- sibility of the girl ever being identified is remote. The marker on her grave will bear a two-word inscription: unknown female. 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Ladies' Accessories Ladies' Squall Jackets Choose from colors of White, Gold, Navy or Light Blue with contrasting trim. ladies' Accessories Ladies' Shorts Colors of Navy ond White in sizes 10-18. Ladies' Accessories Ladies' Jamaica Shorts 24 .49 Colors of White and Navy. Sizes 10-18. ladies' Accessories Ciing-a-Lon Panty Hose 1gg Opaque Panty Hose in Spring Fashion Colors. Sizes S-M-L-XL ladies' Hosiery STORE HOURS: Open Daily from a.m. to p.m.; Thurs. ond Fri. 9 :30 a.m. 'til p.m. Centre Village Mall Telephone 328-9231 ;