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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 2, 1970, Lethbridge, Alberta 20 THE LE1HBRIDCC HERALD Monday, November 1, 1770 ihcy ni'i'M'l happy U'illi the rc- leas! not al Iliis tiii'iv nru other [ovccil llicir hand iiiui Iliey don't especially like if. They Uill; about lire uncertain- ties of OIL' floMiiif! Cannrlinn ilolliiv (In1 imusual'y strong po- sition cf our export trade wliicii Ilicy (lun'L ospoc; lo last (at- t'vrr. ;iml moves, tiki's lo lake Just about a yi-ai Minister Unison thai imoiTSf rate damn hiiih Al that lime Hie could negotiate tot- was B'L' per eenl. A bit more- than a week Mr. Benson was saying banks should reduce, (heir rales p0t_sh0t at the big hoys, and the anil he would talk lliem about are natural targets, they if argue. The rale (lien wiis eight per for Hie bankers, cent. as Iliov see it, is knowing who to Now the banks have cut tlk'ir 'to. prime hiiitesi' ificy They point to I his sequence ol i cliarge on low-risk .oaiis lo their cecnls as Hie type ol quantify j bosl customers-lo 7'; per cer.l., find confusing: You can also get a mortgage (iovcrnov l.cuis Rasrainsky of it single-family dwelling fnr 10 Of Canada made a per ceaL a; oiic-hnff per- speech in Retina a few weeks cent below rale a year ago. Reading between (he lines, Does all this signal a bankers concluded that the to lower interest rales gener- frrni'rnmenl Uiought (he inter- ally? There is lillle doubt lliai it esl-rale slruelurc was fine for does. now. But the bankers, who admit! titan .Mr. Benson made his '1 stafomei.l in the Commons say- I ing he thought banks should re- duce their rales. EL i.w: BO.VDS The bankers countered hy saving the interest rale on Can- ada Savings Bonds issued by the government was lending to keep bank rates up by attract- ing funds which otherwise might come to Ihe banks as deposits. Most bankers were still con- tending Ihat the lime wasn't ripe for a rale reduction when !he Torcnlo Dominion lowered its rate. The others quickly fol- Plans Artificial Embryo Exists Mass Exodus Seen B v June TORONTO SCP) The Globe and lUaiJ says a highjy-sticces.s- fui Montreal medical specialist predicts a exodus of doe- tore from the province at the end of (he academic year "Don't expect (hem all lo go lowctl suit. P r o s i d e n IP. Enrle Mc- he ii quoted as saying. Lauglilin of Ihc Royal Bank said "Next June will be the time." market trends point toward The newspaper says the doc- tor was in Toronto .Friday to lower interest rates generally bill he felt reduction is loo CALGARY (CT) Govern-[ meats nuisl strive 'Tor social; justice and cciufilions where a: man can live freely ami crca- j Alberta premier liar-1 ry Strom said here. "We are inclined lo talk.1 about people as group masses; ralher Lhan individuals." Mr. j Strom told an awards banquet! at lire Southern Alberta Insli-' lute of Technology. "We must j strive Lo provide for individual and jve must strive to develop his potential, socially and culturally.' With a high .standard of liv- ing in Alherla, residents are fortunate in many ways, Mr. Strom said, but there ere still many challenges to be met. "In Al li e r t a, poverty co- exists with plenty. Here we still have poverty and we admit and recognize it." As well as poverty he -said, there is discrimination in (he nature of [he ycung, aged and underprivileged. "I never crgue that we have reached the pinnacle ol achievement. There is- still plenty to be (lone and it needs the honest cJfort of everyone WAR LOSS the First World War, Canadians losl their lives. DCTK01T (AD An Ung- lisli scientist says be plans lo p 1 n n I an under laboratory into the womb of .'in infertile woman in the hope il will de- velop iiilo a normal baby. The e m b r y o would be formed by mixing a husband's sperm with an egg removed from his wife's ovary, Dr. Robert Edwards of Cam- bridge University said Thurs- day. He said such early embryos already have been developed outside Hie body in experiments al Cambridge. Edwards addressed a sym- posium on the biology of fer- tilization and implantation, sponsored by the Wayne Stale Universily School of Medicine. He declineJ lo say when Hie allempl to produce a human baby from a test tube embryo will begin, but he said similar experiments with rabbits and mice have resulted in normal births. HELPS CHILDLESS Edwards said one purpose of the experiments would be to give childless women the chance (o have their own ba- bies. Often Ihe Fallopian lubes of such women arc blocked, preventing passage of eggs into th2 womb for fer- tilization. Edwards said that in his ex- periments a husband's sperm is placed with the surgically extracted egg, which is pro- tected by special fluids. He said development of the em- bryo begins williin hours afler tbo sperm pcnclralcs Ite egg. lie said he has produced a microscopic ISO-cell embryo which look about six days to grow. Rut Ihc embryos need to be planted inlo a woman's uterus to conUtiue developing, ho said. Otherwise, they will die. Dr. Benjamin a veterinarian and biochemist al the University of Pennsyl- vania, described similar work at this university, hut he said; "We would never tlmik of doing Ibis in .1 human being" until research is more coiu- j plclc, lie said science could be set back if a child produced in such nil experiment, was not normal and said: "More work needs to be done on subhuman primates before we can adapt this clini- cally lo man." Municipalities Developed The lirst two volumes of ft i new plan for standard financial i accounting lo be used by Cana-j dian municipalities were issued i here by the Dominion Bureau of Slatislics. The plan developed by federal iM'incial authorities and is !e be recommended by provincial governments for Uieir municipal authorities. Waller E, Duffcll, Dominion! Statistician, said in a foreword lo Ihe new work that its purpose is to enable all municipalities and their special agencies to fol- low a masler plan in classifying their financial transactions. The plan is to be compatible with the kind of financial ac- counting follocd by the federal and pru, incia] governments, and (lie governments, of tiie northern territories. Leading Cause Heart disease continues as the leading cause of death in Ken- tucky, followed by cancer, (he state health department reports. Your Authorized DEaler TRUCKS AND STATION WAGONS UNITED MOTORS CO. LTD. Cor. 3rd Ave., 3rd 51. S. Phone 327-7418 transfer his assets to a trust company here. Ofl-lln-record, most o t h e r He was not identified in (he bankers agreed Ihe timing was story because under Bill -n, passed" hy the Quebec National Assembly Del 1C, he could be fined up (o SoOO and jailed for a month for being away from his practice for a day without a valid reason. prime- rate reduction to 7V4 per cent from eight per cent mean, to j borrowers and the banks? L0.1N COSTS LESS To the borrower, it means The newspaper says he earns j a S1'MU now 553.000 annually m Quebec. cost s75 ralllcr than 58" in He is quoled as saiing it is mteresl. Quebec's medical care proposal IIle banker it means he and Bill 41. passed to end a 10-1 ?5 lcss interest, day specialists strike in the i at the same thc province, (hat is driving doctors I havc reduced the interest out, not the threat of fiol- l'r''d on "on-cliequing savings ence. accounts (o S'.'i psi1 cent from "I'm more afraid of Quebec SD" Under the old rates, the bank paid six per cent on deposits Premier Robert Bourassa and Health Minister Claude Caston-. gray than the separatists atld charged eight on a loan for "I can't work with a gun at a marBln of two my back I can't accept a or S20 on that says work under threat of I Urider Lhe new rate. "ie banks jail." Pay per cent and charge -----I per een! and irind up with the same S20 profit ART DIETRICH DENTURE Ci-INIC Ccrlified Dental Mechanic Melropolifqn Bldg. 328-4095 BIG HEARTS .As indmduais, Canadians an- nually claim ns federal income lax deductions about S700 mil- lion for charitable donations. Need money help? Consider this: over the past 92 years, we've built the largest consumer 'finance company in the trusting people likeyou! And everyyear more than million people trust their money prob'ems to HFC. For prompt, understanding monsy help, borrow with confidence from HFC, Apply for your loan by phone. We'll supplyyour loan mail. A.VGUN OF LOJN MONTHLY PAYMENT PLANS 5Q6-4lh Avenue SouJh Telephone 327-1511 Owo tioDt; nf .4.-, f'-n f i You Have Three More Days To Take Advantage Of Eaton's Travelling Fur Sale Through Thursday, Nov. 5th! If you are looking fnr the most value In a fashion invesr- merU in fhis flexible area FUR is the wise choice! Eaton's is the place for grealer savings and advance styles assembled Jn magnificent Travelling Fur Seleclion under the direction of Eaton's Fur Specialist, Mr. A. Stimpson of Winnipeg. Hurry in Tuesday for Sale Highlights in stunning, different fur fashions in everyone's price range. Do have a look! Natural Horizontal Muskrals Very contemporary very 1970! 10 Jo 14. SALE, each, from Natural and Stencilled Rabbit Coats Greal young furs a) a great low price. Sizes ID to 13, SALE, each, from------ Natural and Blended Raccoon Coafs Young 'n' fun warm and good wearing. Sizes 10 lo 13. SALE, each, from................... Nalurcl flnd" Stencilled Kit Fox Glamour wifh a casual touch. Sizes 10 lo 13, SALE, each, from............ African Lamb Coafs (Dyed sheared processed Warm-hearied budgel fur. Sires ?0 lo 13. SALE, each, from.................... Natural Horizontal Minks Split and full skin in natural shades of Poslel, Dawn Poslel and Arctic Pearl. Sizes 10 lo 16, SALE, each, from Natural Sapphire Mink Paw Sizes 10 10 20. SALE, each....................... Naiural Pastel Mink Paw Jackets Sues 10 Jo 20. SALE, each...................... 192.00 94.00 199.00 144.50 94.50 699.00 679.00 499.00 Mouton Lamb Coats Mink Trim If the winter's long you might QS well be warm and fashionable and indeed so fortunate lo find these dramatic full-lenglh mcuton lamb (dyed sheared processed sheep) coals at these outstanding savings! Mink collar trims, sef on cuffs or plain. Extensive site collection ranges from 4 1ft, ftfl 10 to 40, early. SALE, each J Jj Use Your Budget Charge Account No Down Payment Pay Monthly Furs, Main Floor Buy Line 328-8811. Shop Eaton's Tuesday 9 to ;