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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 31, 1973, Lethbridge, Alberta The lethbridge Herald Section Lethbridge, Alberta, Thursday, May 31, 1973 Pages 25 34 Northern troubles cloud Irish economy Gateway to Atlantic still awaiting boom By CAROL KENNEDY SHANNON, Ireland (CP) At Europe's most westerly airport, the -famous Gateway to the Atlantic which now forms the hub of a tempt- ing tax-free' zone for export- ers, Ireland's planners should be contemplating sunlit hori- zons in the European Eco- nomic Community. But Ireland's prospects in the Common Market, which she joined with Britain and Denmark Jan. l, are tempo- larily clouded by what every- one here calls "the troubles in the north." Ulster's chronic violence has sapped the confidence of investors, manufacturers and tourists in the island's other 26 counties and in the Shan- non area, in the peaceful far west of Ireland, several major projects involving many mil- lions of dollars are hanging fire. "Doubt is as one Shannon official put it. One Canadian company had ducked out of its Shannon plans, saying it had found a better site in Britain. "But we know the real reason." he added. Alcan doubtful By far the biggest project awaiting decision is Alcan's option on the island of Aughin- ish in the River Shannon, just off F o y n e s, the pre-war flying-boat depot across from Shannon International Air- port. Alcan's original plan was for a million (about million) investment in a plant for processing bauxite to alu- mina and there were rumors the company might extend this to a full-scale smelting operation. If this happened, some development officials anticipated a million in- vestment in the area. Alcan renewed its option on Aughinish last September but still has not made a decision between Shannon and a site on the Continent. A company spokesman in London said Northern Ireland probably plays only a small part in the uncertainty. Shannon officials seem re- signed to a year of sweating it out in the shadow of Ulster. By that time, they say. a solu- tion must surely have emerged. Growth impressive Shannon's growth has been impressive in recent industrial investment virtually doubled to million in 1972 from million in 1938. The number of passen- gers using the airport, mostly from North America, totalled 1.25 million in 1972 and was rising by 25 per cent a year until the Northern Ireland troubles began to affect tour- ism. Altogether, 16 Irish, six British and 46 foreign 22 of them op- erate in Shannon's four- square-mile industrial estate where exporters enjoy a tax holiday on profits until 1990, plus duty-free import of mate- rials and large grants for plant and labor-training schemes. These incentives were care- fully written into Ireland's ac- ceptance of European Com- munity rules, with the flirn of providing an alluring launch- pad for North American man- ufacturers to invade the Com- mon Market from within. The whole Shannon scheme was a gamble for survival which owed its genesis to the jet engine. When the airport first opened in 1939 in the roll- ing plain of west County Clare, no crystal ball would have predicted planes with a range that one day would put Shannon out of business. Shannon's halcyon era in Atlantic travel lasted nearly 20 years, but when the long- range jet airliners came in around 1957, its future looked as bleak as that of comparison Irish officials often make. "Gander could have done what we have says Vincent Tobin of the Shannon Free Airport Development Company. "But with us it was a national necessity." Hope for revival Shannon was a prestige pro- ject that no Irish government could afford to let die. It also directly employed pri- sons and gave a hope of revi- talizing a swathe of Ireland's under-developed west, tradi- tionally the area most drained by emigration and the flight from the land. The government set up the development company in 1959 with the object of creating a miniature tax haven for ex- port industries. The company also moved into tourism when the govern- ment cannily barred Dublin landing rights to North Ameri- can air carriers, ensuring a captive market at wast-coast Shannon. But the planners are pin- ning their greatest expecta- tions on the Shannon estuary. John Dilger, the development company's publicity chief, calls it "Europe's biggest asset." With its stable tides and vast depth at low water, the Shannon requires only a million shoal-clearing opera- tion at its mouth to accommo- date tankers up to tons. Rotterdam, by contrast, has to dredge deeply to make room for The LetltbridgcJIerald think PART IV PICTURE QUIZ 5 POINTS He was recently Bworn In as President of Argen- tina. What's his name? HOW DO YOU RATE? 71 to M Good, to 100 TOP SCORO to 70 Fair. to M points tiedtant 60 or Unfair 1F H'mnrt FAMILY DISCUSSION QUESTION Should Parliament reinstate the death penalty? Why or why not? YOUR NEWS QUIZ PART 1 NATIONAL AND INTERNATIONAL Give yourself 10 points for each correct answer. 3. The governments of Australia and New Zealand are protesting upcoming.. nuclear testing In the Pacific. a-Sovlet b-French c- 2 Statistics Canada, reported that the April unem- ployment rate was the (CHOOSE ONE: highest, lowest) In 4 years. 3 The federal government's .plans to build the Ship Harbor National Park in have a controversy among residents of tha area. a-Nova Scotia. b-Ontarlo c-Newfoundland 4 (CHOOSE ONE: Guy Lapolnte, Bobby Orr) won the NHL's best defenceman James Norris Memorial Trophy for a record sixth 3'ear in a row. C The Ehodesian government said.. 7.. troops were responsible for the gunfire attacks on tourists at Victoria Falls, Rhodesia, which left two Canadian women dead andanAmericanman injured. a-Angolan b-Zambian c-South African PART I! WORDS IN THE NEWS Take 4 points for each word that you can match with its correct meaning. 1.....deliberate a-one who formally praises b-to consider carefully c-person involved in a law suit d-able to pay all legal debts e-one who investigates complaints 2.....litigant 3.....ombudsman 4.....panegyrist B.....solvent PART III NAMES IN THE NEWS Take 5 pointe for names that you can correctly match with ths dues. l.....Otto Lang 2.....John Peters Humphrey 3.....Luclen Aadrtt Minister b-Secretarlat's owner c-Justice Minister d-first Canadian presi- dent of Amnesty In- ternational STUDENTS Save This Practice Examination! Valuable Reference Material for Exams. 8.....John Tuner 628-73___________________________ REVERSE PAGE e-Manpower Minister VEC, Inc. Hub of development This Is the mouth of the River Shannon in Ireland, the estuary. With Fts stable tidal regime and vast depth the hub of new development for the area. 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