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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 12, 1972, Lethbridge, Alberta SUMNV FORECAST HIGH SATURDAY NEAR 70. VOL. LXV Lethlnidge Herald LETHBRiDGE, ALBERTA, FRIDAY, MAY 32, 1072 PRICE NOT OVER 10 CENTS THKEE SECTIONS SO PAGES U.S. throws Plil'lN lly DAN TUJINKR OTTAWA (CP) Trade Minisler Jean-Luc Pepin looked braised but still pugnacious at the end of Thurs- day's round of the Oiidian-U.S. economic prize fight, during which the U.S. threw all the big punches. Mr. Pepin lold Uie Commons Canada will lose Am- erican automotive investment because of U.S. lax sub- sidies to its car exporters through new domestic inter- national sales corporations, or DISC. He then warned Canadian subsidiaries of U.S.-con- frolled auto companies that Ottawa them In use tax concessions in last Monday's budget to re- duce their prices lo the Canadian consumer relative lo the prices the U.S. consumer pays. This would weaken Ihe Canadian market tor rar? the U.S. parent companies might liy lo export hero through their DISC operations. Ford already has be- caji such exiwrl5. lie also said Mini while the. pivernmenl. [eels Ibc buclpelary la.x breaks put Canadian-based manufac- lurers on an equal fooling with foreign exporters, il, would consider further measures to combat foreign ex- port-subsidy programs it Ihcy to be necessary. More punches thrown Earlier In the day. Hie U.S. govornment Ivl lha Canadian chin oilier trade, punches. Washington announced it intends lo go ahead wilh a Irons-Alaska oil pipeline, despite Ottawa's argument lhat Alaska oil should te piped along Ihe proposed Mackenzie River valey roulc to U.S. markets. Tlic construction of a trans-Alaska pipeline would mean shipping oil along Ihe British Columbia coast lo Washington stale, setting up Lhc riacgcr o[ oil spills zji Ihe Pacific. The U.S. treasury department announced it is con- sidering countervailing duly on tires shipped lo the U.S. from the Michelin tire planls in Nova Scotia beeauso I hey have been subsidized by the Canadian govern- ment. The company recently annouced plans for a ?11 million expansion program, whirh would be by a S7.9 million economic incentives grant from regional economic expansion department. Canada has 30 days to respond lo the U.S. warn- Ing. The only posiuvc glimmer nas ,-.n announcement that the U.S. broadened ils ret-lriclion.'s on oil imports lo permit increased Canadians shipments lo Ihe mai- Iret east of Hie Rocky Mountains to from barrels a day. Get higher quotes Even then Uie increase wasn't much of a gesture considering the traditional special relations between the two countries. The quota on oil imports from the Mid- dle East and Lstin America was boosted by 200.000 Barrels a day nearly llirec times as much. Mr. Pepin, who spoke to Canadian representatives of major U.S. car manufacturers last week, said they had told hJTn generally Lhat the use of DISC by their parent companies Ji certainly only in ihc of not have shorter-term negative effects" on production, employment and investment in the Cana- dian auto industry. But officials at Ford had said "DISC would affect the company's longer-term investment plans in Can- ada." And while ;i( Motors and Chrysler had been similarly positive aboni. the lack of short-lerm cffcrl.s he said Ihc two companies have applied for OLSCs Inil hainn'i, (Im'ifL'd lictJior (o export lo Cnii- mla Ihrnuph Ihrm "raeh was loss cerlain lhal Mia 'x'npfil.s under DISC have 3 bearing on long- term invesl nvMil. ptoii5. One nol registered Mr. Pepin said the fourlh major Canadian producer American Motors, had "not registered under the DISC program, nor. Ihn say, have Ihey any present plan lo do so The mimsler said Hit1 'liflcrrnlial hchiwn prices in Ihc and Cannda is eight per coni, Tnlh Canndiniv; Ihc higher pricr. Alllimigh (Ins i, ihr .-.aine .v. "xi.'.lr.l in iw.'i, hi- snirl I lie Cinadian of Ihe dollar in M'VO inln acrniinl. Ihe price differential has dccreap.Ml suhsiaiilially. If Ihe dollar liadn'l Ivrn unpegged, ho said, Ihe priiv now would IIP per crnl. llv hint. IO'.UT iw.'oralien hxp.s ,'nd quicker ur'le-oil.s lo in.-iiiiifnclnrers "hnvo removed any doubt nlwnl. lire abilily of Ihc industry lo coiiliinii' In n'lhwi' Iha diffiTonlial." I expi'cl Ihc lo n.-irnnv .sub- slanllally Ihc bclu.-.n ami lor Uie uinnng iiinlrl jivn." Miller couldn't give llornor oullinrrl of thn I o c d short aye. Area fanners procrain ouKklr Ihr ;i( and rnnchor.s wrn- liny niirl the niallrr raised in from Ili-nnks. I'dinonlon nnd r.iiirhiT.-. m .illjni.-j MI r by Ch.irlin rl'-owhcrc due In luct nf are in line- fur pinvinnal mh- Iir.-iin i.SC I'liichrr Ci-fek. ply in snnlhern Albcrla. .viilirs ol up In SHI a Ion lo over- Crmvsnesl) who said there was llr. llorncr said by this [all come a shorlare of h.'i.v lo feed a "sericns ivmiomir crisis." IHV expccl.s emergency supplies livo.-.lo Dr. Ilorner fai'l for Ihn of liveslork feed, likely in (ho Homer Thurs- nionlhs, nfu.-ials in loiin oi loraro. will he in stock nt v.uious loc.ilions The subsidies will be. avail- kept an eyo on Ihe feed short, lo incel shorlancs. able for livcslork in Ihe Card- npp caused by heavy snow The provincial r.nvornmrnl Is flon and I'inchor Crcrk nravt dnrinp nir.lcr in ID alli'niplin.i; lo federal at Ihc and pour IKIV i ilurini: Ihc ullliral ivlKil'ililiilion ard iTM'rvi'.-. lun Miuuncis lo ..uli'.idv In- Iwn i-rnl'. Mr. Drain Hie df-lnc-l 1-iU p.iil in rnwrcnii-y BirllidrtY odds 4 million lo I GDANSK, Poland (API The odds for such a birlhday party arc lo 1. hul pol- i.'.li quinlnplots Adam, Pinlr, Kwii. Roniini and ci'i'rl I heir HrM 1'riday. Kach hnhy had a nl Ms nun. supplied liy Ihcir ninlhrr, I .f'nkndi.'i Itychorl. nf Since Ihnr hirlh Mm Ilirrr hnys and Iwn pirls linvn hren virlimlly adoplrd hy Iho Communist, government, jMrs. Jiychcrl said jokingly. Steal MARCI1IKNNK All PONT (AIM ]''our nrniefl men liolfl up a payroll van in this Holqian I own I'YIday ;md wcnpcd Iho rcjiiivalnul nf poln n f.lld. CCTi Quclicv1 J.ibor unions arc heinp led suicidal road liy radical slnil- rpisls wliuM1 aim is to wreck Ihe present system, says a vet- rrnn imlnMiial relations expeil. Abbr (irranl Dimi. sn, jnr nf industrial relalions al an'l rrfnrmrr, 5ivs from Ibe Ml and rijihl nf (Jnrbec-'.s volalilo polilieal spcclrum. The pi'iesl professor editor paid in nn inlervicw Timr.-tlay i crlain union blnnl- espon.--e. (lestrucl ion nf liui hy.'-teni, "itpparcnlly not. Ihink- inc Mini Ihe result of wliat. Ihey would finish them.1' ''They speak nf political MS- Inns and sy.sirius hul Ih'-'v fnrjjrl unions pnrt I r P'll'l Father Dion, referring lo union .securil) I'lanses pi'nleeled by in the Xnrlh Ameri- can pattern of rela- tions. Fill her Pinn -aid IK1 -co-.-. Ihp as part nf .1 "srennrio'' or MUCP Ihc Ihrcc union Mentions in coiiiniitii frnni .M-.'ir. ihrrf lenders w.mled UIQ ''tialo r.nd Ihey j'di said allier Dion, add- ini! ll-.o pit jielion ll1: I they ill ;i ji'dieiiius lir.ii1. Fiilher P-ion lie nn reason lo chnivv I'.'- t'i: i'nosis of l.isL t.i. I four dis- Irends u ere irnublintf Ihe union mnvement: 1. polili- i .-on- lempt for -I resurl lo ;