Lethbridge Herald, The (Newspaper) - November 3, 1973, Lethbridge, Alberta
8-THE LETHBRIDQE Ntvtmbw Ottawa moves to protect cattlemen OTTAWA government has temporarily tripled tariffs on imported United beef carcasses and cattle in yet another move aimed at protecting cattlemen from price-disrupting im- ports. Finance Minister John Turner announced in the Com- mons Friday that a surtax of three cents will be slapped on top of IVjcent-a-pound tariff on imported live cattle and an additional six cent tax will be heaped on-the-three-cent-a- pound beef tariff. The government would con- sider whether or not to con- tinue the new surtax at the end of the month. Opposition spokesmen wel- comed the which meets in full recent requests by the Canadian Cattlemens' Associ- ation and other industry pres- sure groups. Beef particularly in Ontario and other regions with access to U.S. can expect to pay higher prices be- cause of the surtax. Friday's action is the third attempt by the government this fall to protect the domestic cattle industry against U.S. measures. All Canadian tariffs had been removed in February in an effort to encourage imports and cut beef prices with the understanding that the U.S. would also drop its tariffs on cattle shipped from Canada sometime in June. But the U.S. never followed and in August the govern- ment instituted a system of export licence controls on top grades of beef and pork shipped south. Few were refused an export licence and Canadian cattle continued to be sold in the U.S. in late the government reimposed the woes THE PARK PLAZA Wt FRANCO PETRIGNANI ITALIAN TOM For3WMkt WEEK-END No. 1 8 OUNCE GROUND SIRLOIN STEAK Chopped Sirloin to perfection Rings No. 2 BAKED RAINBOW TROUT two 8-oz. Spring Trout Butter in .00 SPECIAL INCLUDES SALAD CHOICE OF POTATO AND BABY CARROTS It KM PARK PLAZA PASADENA ROSE BOWL PARADE TOUR Boxing Day Dec. 26 14 days transportation and accomodation Reno. San Fran- Disneyland. Palm Las of Roses Parade Jan. FLORIDA-DISNEY WORLD TOUR-Jan. 12 25 days transportation and accommodation Washington Cape Space Fort Miami Disney New Las Vegas. Palm Phoenix Tour 9 16 days transportation and accomodation San Fisherman's Knotts Berry Palm Phoenix and Las Vegas. TOURS ESCORTED BY STEVE KOTCH REST ROOM AIR CONDITIONED Book now Limited number of available. NORTHERN BUS TOURS ALT A. PHONE 327-3536 Government of Canada Gouvemement du Canada Rssisted Home-ownership Program provides low-interest loans for families earning in the Lethbridge market artea A NEW GOVERNMENT OF CANADA PROGRAM TO ASSIST FAMJES TO PURCHASE A HOME OF THEIR CHOICE WITHIfr-TJHEIR Surprise visit A child is lifted over crowd as if to shake hands with Pope Paul VI who stands in open car during surprise visit he paid to Rome main cemetery Friday on All Souls Day. Home repair program set SASKATOON The Saskatchewan Housing Cor- poration's home repair assistance program for homeowners with low or moderate incomes riow is available. Stan the cor- poration's general said repairs will be restricted to essentials such as foun- electrical and'plumbing systems. FORMS STREAMERS The longest species of moss is the brook moss which forms streamers up to three feet long in flowing water. basic 1 and three-cent duties it had removed in February. That like the one an- nounced was to remedy a situation created by a summer price freeze on beef imposed by the Nixon ad- ministration. Feeder cattle were moving into the the American be fatten- ed up and sold back into1 Canada as duty-free imports. U.S. cattlemen benefitted because they more than made up the price of the initial tariff when the heavier cattle were When the U.S. freeze was lifted in tlte situation intensified. U.S. cat- who had been holding their cattle from market while the freeze suddenly flooded their domestic market. That created a sudden price drop in the United and cattlemen began shipping in- creasing numbers of cattle to Canada where they more than covered extra transportation costs through higher Canadian prices. PRICES DROP But while Canadian prices remained higher than those in the they too dropped because of the increasingly large supply of imports. Despite the reimposed the situation continued. Agriculture Minister Eugene Whelan had several meetings with but they assured him last month that they would wait out the period of heavy imports. About two weeks they began calling for a surcharge to help halt the tide. The an- nouncement Friday followed a morning meeting between Mr. Whelan and cattlemen representatives. Mr. Turner told the Com- mons that the action was taken stabilize the Cana- dian for beef and cattle. government is con- cerned that without such a Canadian beef producers will not have suf- ficient assurance of market stability to produce the volume of beef required to meet Canadian Common sense people wear HARDUTE LENSES The Common Sense Lens In some localities hard resin protective lenses are They're shatterproof. They're only half the weight of ordinary lenses. They're backed by a warranty against eye injury. They're available in YOUR prescription. So who needs a OPTICAL PRESCRIPTION CO. 308- 7th ST S LFTHBRIDGE Phone 327-3609 Fall COLOR PORTRAIT SPECIAL 4 Custom Size Portraits Plus Combination Presentation Attractively Mounted MAKE YOUR APPOINTMENT NOWI A.E. Cross Studio Same Convenient Location 710-3rdAve.S. PHONES 328-0222 who'd ever guess these fellows are creating stability WHAT IS THE It's Home-Ownership The idea is to help lower-income .families with one or dependent children to own a home without spending more than of their gross income. HOW DOES IT Central Mortgage and Housing Corporation will provide a loan at below-markel interest rale. CMHC will adjust its interest rate in accordance with your income. And in CMHC will make an annual contribution of up to S3DO to assist you in meeting monthly payments of interest and- municipal taxes. The assistance will be given through your family's mortgage account with CMHC. .the payment being reduced by the amount of the assistance. The CMHC loan is of lending value and requires a minimum down payment of of lending value. The down payment may'be in the form of provincial grant or any combination of Loans will be for a five-year renew- amortized over 35 years. HOW DO I If your family includes one Or more dependent children and your annual income is within the qualifying range for the particular market area in which you you are eligible. WHAT KIND OF. Though not limited to a specific bedroom the housing contemplated will be modest in size and specifications. It may be new or existing housing. HOW DO I Get in touch with Cen- tral Mortgage and Housing Corporation at the address shown or the CMHC office nearest you. They will provide more detailed information and answer any ques- tions you may have. WHO'S to say what the price of anything really When buyers and sellers come together in a free market the price is set by the man prepared to pay the most..He becomes the buyer and the price he pays is clearly posted for everyone to see. It's called Market Price Discovery' and it goes on every week at the Winnipeg Commodity Exchange. What makes it work is competition. Honourable Ron Basford L'honorable Ron Basford Minister LETHBRIDQE 740 4th Tttophont 328-556T i you your boMot In the WO OUOJQMt you Q1VO flMMMf pMnty M tnOUQnti AfMr oitco you wvodoiti of cttotcOi you novor ojot II beck. This method of marketing agricultural products results in two advantages to the producer. In the short term the current price is always the highest price. what's more from a long term point of is that the prices made here are prices. They're not artificially established by a group of civil servants'. They reflect the hard cash that responsible buyers are willing to pay for the farmers' of the most solid foundation upon which to build a self-sufficient Western Canadian agricultural economy.