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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 8, 1974, Lethbridge, Alberta 12 LETHDRIDGE HERALD May 1974 Asian money pours into Vancouver New York Times Service VANCOUVER Chinese capitalists in Hong Kong and ioutheast looking the uncertain political md economic climate of their are investing icavily in this growing Canadian west coast city. The massive input of Asian money amounting to hundreds of millions of dollars in the last six or seven is viewed with mixed feelings by Canadians. real estate operators and others interviewed here recently have welcomed the injection of new which they say FLAX GROWERS- It Will Be Worth Your While To Take A Look At Pioneer's FLAX PLAN flaxseed Production Contract which offers a choice of four pricing options. Guaranteed Floor Per _A Pre-Pricing Option which allows you to lock in a firm price without margin requirements. Get full details on Pioneer's Flax Plan from Elevator Managers Wilf Esau at Nobleford or Dave Andrews at Barons. PIONEER GRAIN COMPANY LIMITED lubjcct lo revition. Completed contracts shall be honored the price guaranteed on the date contract has contributed significantly to the commercial expansion in this if seaport tucked .between the snow-capped Cascade Mountains and the island- dotted Georgia Strait. ADVERSE REACTION Canadian on the other have been disturbed by the pace at which the Chinese and other non- Canadians are buying up choice city land. A similar adverse reaction to American encroachments led au recently enacted 20 per cent tax on land transfers foreigners in Ontario. years a new law limited V the amount of land that foreigners can buy on Edward where many Americans own vacatibjn.1 The Vancouver chapter of nationalist organization the Committee for-aii Independent Canada has called for legislation prohibiting or at least restricting the acquisition of land by foreigners with some support from the provincial government headed by Premier David of the New Democratic a socialist group. A few days after a Vancouver city John J. supported such a law in a speech to the Lions Club in the fashionable Hotel it was announced that the hotel had been bought by a southeast Asian Chinese syndicate for million. wouldn't resell for Sherman the syndicate representative and new president of the said in an interview in his office the other day. The statement was made as a measure of the syndicate's confidence in the dependability of investments here. According to a report just released by the real estate board of greater input of Chinese funds accounted for 67.9 per cent of a total foreign'investment of 142 million in city property test year alone. West German investors were second with 15 per followed by Britons 13 per cent and Americans with 3.4 per cent. the phrase Kong often used here in an unfavorable irritates a Canadian citizen DOG KEY TO RESCUE Vt. Dawn wandered four miles from her home into dense woods Sunday. She was found safe and sound by a search party seven hours after she to the family's husky dog. The all-white animal stayed with the child and was spotted by a helicopter pilot who dropped a smoke bomb to guide the ground party. whose a farmer from emigrated to British Columbia many years ago. unfair to single out Hong Kong investments among all the he said. Strictly the term Kong is said William Thompson of the international department of the Royal Bank of who spent four years in the British crown colony. Much of the New Chinese capital actually originated in Malaysia and other southeast Asian countries but flowed through Hong Kong he stated. major movement of funds to Canada started subsequent to the disturbances in he alluding to the Communist- inspired riots in Hong Kong in that year. wanted to invest in a place where they could take refuge if and with prospects of growth and no exchange was The factor of economic and political coupled with relatively low prices for land compared with costs in Hong Kong and elsewhere and the mild climate of Vancouver were stressed by Dean a Vancouver Chinese businessman with wide in explaining the influx.' Sears RUG REMNANT Skating across country Clint a Canadian from skates along U.S. Rt. 22 in Pennsylvania en route to California. Shaw is attempting to set record for coast- to-coast skating. He expects the trip to take 56 days to complete. He averages about 16 miles a day. I I SAVINGS UP TO Starts Thursday at a.m. RUBBER BACK REMNANTS Color .Xf.'.e Feature Nettdepundi Polypropelene Needlepunch Polypropelene Needlepunch Polypropelene Needlepunch Polypropelene Needlepunch Polypropelene Red Patterned Nylon Loop Nylon Shag Carved Nylon Nylon Shag NyfcflSbaf Patterned Nylon LHp Patterned Nylon Nylon Shag Nylon Shag Nylon Phish Patterned Nylon Loop Nylon Loop NytanShag Size 8x12 8x12 7x12 6x12 12x14 12x12 7x12 12x12 12x12 9x12 12x12 12x12 9x12 12xl4'6n 9x12 9x15 Regular 31.90 31.90 27.90 23.92 55.82 119.84 93.21 143.84 159.84 51.24 159.84 191.84 119.88 173.78 89.81 167.84 149.85 Sale 24.98 24.98 19.98 15.98 39.98 89.98 39.98 109.98 99.98 69.98 39.98 119.98 119.98 69.98 119.98 69.98 109.98 99.98 Color Rust Mauve Green Pink Green Mauve Red Gold Red Pink GoM Red Orange Orange Rust Green Hue Gold Failure Patterned Nylon Loop Nylon Shag Nylon Shag Nylon Shag Nylon Shag Nylon Shag Needlepunch Polypropylene Nylon Shag Needlepunch Polypropelene Carved Nykm Needk punch Polypropelene Needlepunch Polypropelene Patterned Nylon Loop Kodel Shag Needfepundi Polypropelene NykmLoop Nykm Shag Nylon Shag Size 12x12 12x15 10x12 7x12 9x12 11x12 7x8 10x12 9x12 12x15 8x12 12x13 12x15 6x12 12x14 Regular 159.84 99.90 139.80 51.24 93.18 93.21 41.88 146.55 17.94 55.92 39.86 35.88 199.80 117.26 60.48 159.80 79.88 242.52 Silo 99.98 49.98 99.98 29.98 69.98 49.98 34.98 99.98 12.98 29.98 29.98 29.98 149.98 79.98 39.98 109.98 39.98 99.98 FOAM BACK FOAM BACK JUTE BACK Color Gold Blue Green Rust Rust Blue Green GoM Green GoM Green Gold Green Beige GoM GoM GoM Red Feature Carved Nylon Nykm Loop Nykm Loop Nylon Loop Nykm Loop Nykm Loop Carved Nywn Carved Nykm Nykm Loop Nykm Loop Nykm Loop Carved Nyion Nykm Loop Nykm Loop Carved Nywn Carved Nykm Carved Nylon NjfMH LOOB Size 12x17 12x14 9x12 8x9 9x15 9x12 4x12 11x12 12x14 9x12 9x9 10x11 Sxl2 5x12 6x10 Sale 89.98 89.98 39.98 24.98 49.98 29.98 19.98 69.98 29.98 59.98 24.98 59.98 39.98 39.98 59.98 44.98 29.98 19.98 Color Feature Size Mauve Nylon Loop 10x12 39.98 Gold Carved Nylon 6x12 34.98 Red Nykm Shag 5x12 19.98 Rust Nywn Loop 10x12 39.98 White NytoflShag 9x12 59.98 Blue Nywn Loop 8x12 49.98 Green Nywn Loop 8x12 29.98 GoM Nywn Loop 9x12 39.98 Red Carved Nylon 12x17 79.98 Rust Nykm Loop 9x12 39.98 Mauve Carved Nylon 9x12 59.98 V2 PRICE ORIENTAL GRASS MATS RECTANGULAR OR OVAL SHAPES 3x5 Reg. 10.98 5.49 4x6 16.98 8.49 6x9 Rtq. 37.98 18.99 Sale Color whHtf Rust YeNow Green Autumn Grew Blue Rust Feituri Carved Kodel Carved Nylon ferilan Hard Twist Nywn Shu HywnShaf nylM Carved Mel Ryttfl SMf Ginti Nylon AcrilanHtrdTlfet Size 12x14 12x14 8x12 6x12 12x14 6'6nxl2 10x12 12x13 5x12 10x12 Regular 167.84 167.84 149.27 103.92 298.53 121.29 213.15 155.80 164.58 66.63 159.83 Sale 99.98 99.98 69.98 49.98 149.98 49.98 119.98 99.98 89.98 29.98 99.98 Personal Shopping Only- Remnants are One of a Kind At Simpsons-Sears you work with a professional right in your own home. See get free estimates at no obligation. 328-9231 Ltet' Store Open Daily a.m. to p.m. Thursday ar a.m. to p.m. Centre v- Telephone 328-9231 It's also compulsory Voting confusing in Australia Australia If Australians had the chance to vote on whether they should vote in this month's general chances are they would vote against it. The reason is the heavy complications involved. Electors have three long ballots to mark. Adding to the confusion is a shortage of paper and metal ballot boxes. In the state of New South the ballot for the Senate race alone is 27 inches eight inches long and contains the names of 73 candidates for 10 seats. The as in all other must number each of the candidates in the order of his preference. If there is just one duplication or even a single the ballot is void. In there are sepa- rate ballots for the House of Representatives and for refer- endum questions. One question on the latter ballot asks whether voters want voting simplified. Political experts predict overwhelming support for simplication but they also forecast that the number of votes thrown out will be more than 20 per 1.4 million. COUNT TAKES WEEKS Final official in the Senate balloting are not likely to be known for weeks after the May 18 elections. Tabulations in the House balloting may take days or depending on the district. But a general trend may be discernible within a few hours after the polls close if voting is one-sided. Prime Minister Gough Whitlam of the Labor party faces on uphill battle against his chief- opponent. Bill Snedden of the conservative Country-Liberal coalition. Voting is compulsory. Failure to vote means a fine of 10 Australian the equivalent of What makes this election different from many others is that seats in both the Senate and the House of Representatives are up for election. This is only the third time in Australia's 73 years as a Commonwealth country that both the House and Senate were dissolved for elections. Election officials fear that in addition to the large number of void many Australians will decide to risk the fine and stay home on election day. But the possible marred vote gives them the most concern. are organizing to keep it as low as possible with an advertising campaign explaining what it's all says Frank the chief electoral officer. a bit Another problem is the need for extra ballot boxes and pol- ling booths to cope with the ballots and the time it will lake to vote. Electoral officer Robert Mallon said a shortage of metal ballot boxes would be met with cardboard boxes. suppliers of the metal boxes couldn't take any more orders even though I pointed out the shortage was virtually a national he said. The major political parties have a in trying to overcome a paper shortage which is the printing of their traditional How-to- Vote pamphlets handed out by canvassers at polling stations. The parties are concerned about the so-called donkey who merely go from the top to bottom of the ballot when voting. Donkey voters average two per enough to tip the bal- ance in a close election which this is likely to be. Because of the donkey the placing of candidates' names on the ballots can decide who goes to Parliament. Placings on the Senate ballot papers are drawn by lot and spots on the House ballots are allotted alphabetically. The double dissolution of House and Senate was forced by the Liberal-Country coali- tion's threat to halt the government's money bills in the Senate where the opposition had a 33-27 advantage. Labor had a 67-58 control in the House of Representatives. election comes less than 18 months after Labor was swept into power over the Liberal-Country for a scheduled three-year term. But in its first term of office for 23 was unable to get much of its pet such as free medical through the 60- member Senate. Both sides say they will win a majority of the 127 seats in the but opinion polls say it will be close. Paramount issue is the rise in living much as 15 per cent a year. Whitlam is appealing for a with meaning that he needs a majority in both houses to get through all the legislation that he promised in the campaign that resulted in his upset victory in 1972. Bail set VANCOUVER Bail was sot at Friday when Jeffrey David an executive of Army and Navy Department appeared in provincial court charged with possession of heroin and cocaine. ;