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Lethbridge Herald, The (Newspaper) - May 30, 1974, Lethbridge, Alberta May 1974 THE LETHBRIDQE HERALD 5 v Using the oil bonanza to check inflation By Morris Reglna lawyer An opportunity of a'lifetime perhaps the only opportunity in our lifetime has arrived when at least three of the governments of Canada can take significant steps to arrest the breakneck pace of inflation. When the Arab sheikdoms and principalities did what none of the great multinational corporations had ever dared to and boosted the price of oil beyond the wildest dreams of the governments of Alberta and Saskatchewan lost no time in joining the jolly game. If profits could be gained by the potentates of the Middle why could a like amount not be garnered by the political agencies of the great Quicker than scat the thing was done. The price boosts on Arabian oil are now reflected in similar price increases on the oil produced in Alberta and Saskatchewan crude. But while the oil produced in these provinces is the property of the various companies that discovered paid for produced and marketed the price increase is now being skimmed off by others. The government of Canada that has no legal interest in the natural resources of the provinces expects to take more than billion this year from the consumers BERRY'S WORLD of petroleum. Alberta which leased in sold the oil to the producing will also be getting about billion of unexpected money from this same source. Saskatchewan which also leased or sold the oil to producing companies will be raking in about billion this year as a direct result of higher pricing policies of the Arab states. So great are the riches to which these three governments have suddenly fallen there is genuine embarrassment among the premiers and treasurers as to what to do with all of this new-found wealth. Had these governments allowed the normal forces of trade and commerce to the suddenly inflated prices in due course .level out. Supplies would naturally increase as prices as supply would grow as it inevitably the price would decline. These are natural forces that a government can no more control perhaps than King Canute could hold back the tide. if additional profits accrued to the producing oil companies they undoubtedly would whilst the price of oil remained these would find their way into the public treasuries 1974 by NEA. Inc we're confronted with making a molehill out of a mountain through inexorable processes of taxation of every variety and at all levels. But when the governments became too impatient to await their turn to share in the and too greedy to be content with the bite that existing tax laws allowed Saskatchewan and Canada embarked upon a policy that will place in their treasuries vast sums of money that are bound to have two serious effects upon the economy of the country. federal and provincial once they are bloated with these vast new will grow dependent upon them. As a these governments will develop and retain a very vested interest in maintaining high and ever-increasing prices for gasoline and other petroleum products. These essential products will become converted from articles of into political instruments manipulated for the purpose of increasing taxation indirectly where of effecting a purely political result. The prospect that faces Canadians as consumers is that we shall no longer benefit from the fact that the vast hydrocarbon resources that have been discovered and produced within our have been available to us through the free marketplace for more than 50 years at prices that have risen less than any other commodity. That day is over. The major portion of the increases in the price of gasoline in the past has been attributed to provincial gasoline sales taxes. We have now entered a phase in which we shall be dependent upon political petroleum a prospect as bleak for us as for those other world consumers lacking petroleum resources of their are at the mercy of political price policies controlled by the princes and potentates of the Middle East. these vast billions of new now falling into the hands of are likely to be used to further feed the fires of inflation for which government spending and bureaucratic expansion are largely responsible. The urge for empire-building is a powerful force among government personnel even when the nation is in the most destitute of circumstances. And when money treely flows into the public the bureaucratic impulse to immensity is irresistible. The obvious result of these sudden riches will be an accelerated era of government spending that will fuel the fires of Inflation to that the existing 10 per cent annual rate at which prices are increasing will compounded. Parkinson's Law applies to governments no less than to especially in periods of expenditure tends to rise to exceed income. On that we may be sure that while the present governments of Saskatchewan and Canada may believe the billions of revenues from oil they have suddenly arrogated to themselves is an embarrassment by virtue of their sheer the time will come when their successors will be ferreting out yet more. It is a simple fact of life that taxation has never decreased. The appetite of governments for money and for the authority that it bestows is insatiable. is the great opportunity that these gauche and nouveau now Having taken so much the duty of a wise and provident government is to use not to achieve a political but rather to turn it into an instrument to if not to cure the inflationary dementia of our times. This means that this money ought not to be spent to create new demands for consumer for gas and food or clothing or services. Such spending can only chip away more of the value from every citizen's Canadian dollar. With a national debt that now stands at approximately billion and is growing more than 13 per cent of federal revenues are going to pay interest on our immense federal indebtedness. no less than its private must face up to paying their debts. No reasonably intelligent and genuinely concerned over his finances and seeking to make his way in the world by treating his neighbors and business associates would carry a burden of debt in which 13 per cent of his earnings were committed to paying and not a single cent used to pay off the principal owing. Governments are just as prone to bankruptcy as private individuals and companies. There are no There's one great reason why Acadian 400 is becoming so popular. SUPERIOR KYE WHISKY special economic laws that apply to and there is no statute that can ever be passed that is capable of converting parliamentary ineptitude into political providence or state Insolvency into national affluence. at can express only the national wish. The three readings of a bill in the House of Commons is no Alladin's lamp to create wealth and affluence by three rubbings. The great opportunity within the power of the governments of Alberta and Saskatchewan is to exercise restraint and to adopt a policy of fiscal responsibility. As a nothing would be more welcome to the thoughtful citizens of Canada these should include all who are than a declaration by each government of Alberta and Saskatchewan that their vast new revenues are to be used to reduce and that the drain on the bound as he now is to pay 13 cents on every dollar of taxes to merely service the national will be reduced. This would go a significant distance in reducing wasteful public spending. If the nation's debt is not to be repaid in affluent times such as the then when will it be And if no effort is made now to pay the question may well be asked whether the governments of this country genuinely expect to ever liquidate it. Is it their intention one day to pass legislation simply wiping it Confiscating the securities it Or do governments expect that with an annual inflationary rate of 10 per the one hundred cent dollars that they once borrowed can ultimately be repaid in dollars worth a penny Canadians are seriously questioning the competence of governments to make the. most elementary business judgments. Some are questioning even the good faith of those under the guise of have embarked on programs frankly confiscatory in their nature and effect. To restore a much-needed measure of confidence in democratically- elected it is now essential that a modicum of common fairness and morality be injected into the taxing and spending policies of the public agencies of this country. There is no better place to begin than with the new-found money that Alladin's Arabesque for the time seem to have so propitiously produced. And there is no better time to begin to deal with such money than now. Books in brief Hadfield's from Moscow to the by Vic Hadfield with Tim Moriarity. 136 Let's face the main reason for this book is the first 15 pages where Hadfield explains his side of leaving Team Cana'da during the Canada Russia series. It comes down to which of two stories you'd believe Harry Sinden's or Vic Hadfield's. I'll take Hadfield's account. The remainder of the book is interesting but not really worth writing a book about. Lethbridge's Earl Ingarfield finds his way into the book as his old teammate tells some stories about Earl when he was with the Rangers and also coaching the hapless New York Islanders. GARRY ALLISON Her Life and Her by Justin Beecham House of Canada US From over participant's in gymnastics in the U.S.S.R. only one is a household not only in but throughout the little Olga Korbut. While this isn't the greatest insight into an athlete's it is a pleasant book. Olga's bubbly personality is evident in the writing and the 80 photographs show the plyable 85 pounder at her. amazing best. And bearing in mind this is about a girl from behind the Iron where very few insights into their r. ros come it Is pretty informative. GARRY ALLISON Disguised sex education By Louis local writer Sooner or parents and the public are going to have to face the issue of sex education in our schools. They may have to pay for the cure if they do not handle the prevention carefully. sex education comes to us under the or of the term family-life education. Such semantics is part of the softening-up process while a community is being for what may add up to anything from abortion and birth-control to courses in sexual promiscuity. American communities have found this to be the case of so-called family life education. Many of these courses degenerated to knowledge on how- not-to-get than information on family life. Is there any reason why Canadian communities should be Quite a if not family life education programs are based in SEICUS the Sex. Education and Instruction Council of the U.S. They will reach our schools by way of Winnipeg and Edmonton. There are other of and at this those working on the problem do not seem to know from where the courses will come. But the material is to be injected into separate schools come September. One must not rest quiet in the thought that only the separate schools will be affected. Most courses arrive under cover of religious but the eventual target is the public school system where the larger body of students exists. One enormous problem centres on the teachers who will conduct these classes. if any of have training in the teaching of such courses. The possibility of error and damage occurring is undoubtedly high. This is not the kind of subject area where error and damage can easily be corrected by running a parallel remedial course. Some of the material which reached Edmonton Separate School Board turned out to be borderline pornography. One From Boy to condoned masturba- tion. entitled The and recommended for Grade depicted the seduction of a young virgin by an older boy. Believe it or this film was produced by the National Film Board of using taxpayers' Sex education belongs in the home. It may be true that parents neglect it. But often the simple reason for this is lack of know-how in the fundamentals required to teach their children about family life. Such being the case most of the the education authorities ought to construct courses to teach parents how to instruct their children in these matters. There of an urgent need for family life but the open classroom with 20 or 30 growing youngsters is not the place for it. The idea of open discussion and inter-action between 30 young boys and with a man or as being a good thing is nothing less than educational balderdash. The Pastoral conducts courses in what is called One of these courses this August 19th to at is entitled Family Life Education. Lethbndge has no less a need for training in parental skills and there exists any number of institutions where such might be conducted in this city. Why are those so concerned about family life education so willing to neglect parental- skills ANDY RUSSELL Steelhead time WATERTON LAKES PARK Along about the time winter begins to get discouraged and retreat from the face of the land under the rays of a sun reaching a bit more towards the zenith every this writer begins to suffer from a kind of itch. In it is a pleasant malady born of experience on west coast rivers running down from snowfields and blue glaciers trapped between lofty peaks on their fast journeys to the sea. In between winter and the heavy rains of May and these rivers usually run low and dancing swiftly over riffles between deep pools under a warm sun. It is a time of magic for in many of them the steelhead are running from the mysterious depths of the ocean's fishy pastures to the freshwater spawning beds far upstream. The steelhead is an ocean-loving rainbow trout spending most of its life in salt water between spawning runs in the rivers. Unlike various Pacific it does not die after but returns to the-ocean to grow some more before returning to its river to lay its eggs again. This fish shares the laurels of being the world's greatest freshwater sport fish with the Atlantic and like the Atlantic it can be taken on either flies or bait the former by far the most sporting. Nobody who ever hooks a steelhead on light tackle in a fast moving river is ever quite the same again. Rex Beach once wrote a novel around the steelhead The Silver Horde. Rudyard Kipling also wrote about but like every writer trying neither one quite managed to find words adequate to describe this wonderful fish. Upon feeling the I have seen them lance up into the air with flanks gleaming like polished silver so recently arrived from the sea that sea lice still clung to them. It is something to make one's knees shake and one's heart pound with for the power and speed of the steelhead is awesome. So fast is this fish that the rod and line can be straining in one direction with the hooked fish coming four feet out of the water in another. The smallest I ever caught weighed six pounds and the largest 14 As steelhead go such specimens are not for the records show them weighing close to 50 pounds. The really big ones tend to fight deeper in powerful'runs. For spectacular jumping give me an eight or 10 pound fresh-run for these sometimes seem to spend more time out of the water than in it. Any kind can smash tackle to bits and reduce an angler to a blob of shaking jelly. One fine April day my friend Dick Blewitt and I manouevred a newcomer to the game within easy casting distance of a steelhead lying behind a rock in a fast run below a pool. Our friend followed directions to the letter and suddenly found himself fast to a fine female that immediately decided she was going back to the Pacific In less time than it takes to tell about she tore a hundred yards of line off his reel making it howl in protest. But the pressure of the long rod turned her and she charged straight at him at the same while he desperately tried to pick up slack line. Right off the tip of his which he was holding far too she came out of the river in a wild end-swapping jump. In one motion she shovelled a big gob of water down the front of his high waders and flipped a half hitch over the tip of his rod There was a sharp crack as the line parted and the fisherman was left standing there hanging onto his pale and and knowing if he tried to take one step he was going under. Dick waded out to help him back to dry where he sat on a mute and shaking while he tried to collect himself. Steelhead do that kind of thing to you. When he our friend went back into the river and caught a fish. Like along about this time of he is likely sitting staring at a knot on the wall and seeing big fish leaping in the sun. ON THE USE OF WORDS By Theodore M. Bernstein Sound off. Like it or here we are bacn on but only because F. M. Cole of Toronto you say a word in your excellent column about the pronunciation of what are no doubt the two most common words the definite and indefinite articles and before a fact that the phrase excellent is printed here proves that flattery sometimes Mr. Cole's point is that speakers on TV and radio seem to' think that a always rhymes with bay and that the must always be pronounced thee. As a matter of a is almost always pronounced like the final a in bandana. Only when there is a desire to give it extra stress is it pronounced to rhyme with bay. As another matter of when the precedes a consonant the e again is pronounced like that final in bandana. It is pronounced thee only before a vowel or again when extra stress is desired. Here is a sentence illustrating that extra stress situation for both may not be the national but he is national None compos. Your grammar school Miss probably taught you that none derived from not one and therefore must always take a singular verb. The first part of what she said is the second part is not. Dictionaries and authorities on English generally agree that often a plural verb is to be preferred. Although none sometimes means not it frequently means not any. When the singular idea predominates the verb is indeed five schools are in good condition though none has a full-time jani- In when none is followed by a singular it is usually treated as a of the music was much good But not for of the audience were very Although a flat rule is not it can be said that in most instances the singular sounds prissy and pedantic and the plural is to be of the enemy were None of what has just been said is very radical and none of the statements made are very far out. Comparatively speaking. as everyone is have three positive for comparative and superlative The superlative is used when more than two things are but not when only two are involved. The error of using the superlative for one of a pair is illustrated in these the day's two major the most important one concerned the stand of the parents it the more important upcoming bout will decide which of the two heavyweights is the it the It cannot be said which of those two sentences is the more erroneras. ;