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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 6, 1971, Lethbridge, Alberta Saturday, Nonmbfr t, 1971 THE LETHBRIDOI HRAIO 21 Excise lax on U.S. cars suggested by Toronto Grit OTTAWA (CP) _ Finance Minister E. J. Benson dismissed Friday n prominent Liberal MP's suggestion that Canada should consider retaliating against proposed U.S. trade re- strictions by imposing an excise tax on U.S. automobiles sold hi Canada. Robert Kaplan (L-Toronto Don recently-elected chairman of the Commons com- irittee on trade, finance and economic affairs, made the suggestion during the Commons question period. He said the Canadian tax should be "an equivalent coun- tervail" against a suggested 50 he would not answer It. The finance minister earlier said there was no indication that President Nixon intended to use the taxing powers recom- mended by the U.S. Senate's fi- nance committee. Marcel Lambert monton Opposition fi- nance critic, first questioned tlonal sales corporations, which would sell American-made goods on foreign markets with special tax advantages. Bond prices Supplied by Doherty This so-called DISC program has been modified in Congress, but not yet passed, and the Ca- Roadhouse and MeCuaig Bros, nadian government is "watch- i OOVERNMENT OF CANADA BONDS ing it closely." "The DISC proposal has been GOVERNMENT OP CANADA Mr. Bensor. about suggestions much modified, but it would that Canada take "counter still be very damaging to Can' measures" to proposals that nda, and we have protested offi- j can. President Nixon be given power j dally against Mr. Benson R to impose the oar tariff and I said. raise to 15 per cent the 10-per- cent special import duty im- posed Aug. 15. ACTION UNLIKELY Mr. Benson said it is "very i ivii. oeimun odiu it la vcijt 6even-per-ccnt U.S. tax on Ca- j unlikely the President will take nadian built automobiles. It would be aimed against Ameri- can protectionism. Mr. Benson said Mr. Kaplan's question was hypothetical and action" on either suggestion made in the Congressional com- mittee. The Nixon administra- tion bad said it would like to gel helical and rid of the special import duties EVERY CANADIAN WINS! SEE PAGE 9 I as soon as stability returns to world foreign exchange mar- kets. Mr. Lambert, however, said the U.S. Senate finance commit- tee's proposals represented "a dangerous escalation." Mr. Benson said the Canadian government is more worried about the administration's bill in Congress to let American firms set up domestic interna- T. 0. IVES, Q.C. AND G. P. OFFET, B.A., LL.B. are pleased to announce that, effective NOVEMBER 1, 1971 B. G. CARLETON, B.A., LL.B. will be associated with I hem In the general practice of law, under the firm name of IVES, OFFET CARLETON 324 7th St. 5., lethbridge Phone 327-3116 PRAIRIE LIVESTOCK LTD. HERD FOUNDATION SALE Featuring WELSH BLACK Thurs., Nov. llth, at p.m. At the Sales Yard, Taber WELSH CATTLE OF CANADA LTD. 7 Purebred Welsh Black Bull Calves 3 Purebred Heifer Calves HARRY NEITZ 30 Angus Char. X bred Welsh Black C W. LUND 60 Crossbred Heifers bred Welsh Block D. C. LUND 30 Cows and heifers bred Welsh Black 1 Half bred Welsh Black Heifer HOWARD JONES 6 'i bred Welsh Black Bull Calves bred Welsh Block Heifers 5 Angus Cows bred Welsh Black E. V. KERKOFF 20 cross bred cows bred Welsh Black NORMAN HANSEN 20 Charolais Heifen bred Murray Grey 15 Chorolais Heifers bred Welsh Black 15 Hereford Heifers bred Red Angus BOB OBER bred Welsh Black Calvei 4 cows bred Welsh Black 12 head of quality Simmental and Limousin Bull Calves (excellenl breeding Tha top calves selected from over 60 head. Sale'Conducted by PRAIRIE LIVESTOCK LTD. P.O. Box 2331 TABER Phone 223-3921 GARY JENSEN, Manager COMMUNITY AUCTION SALES ASSOCIATION LTD. COMING SALES MONDAY, NOVEMBER 8th at 1 p.m. P1NCHER STATION SALES YARD THIS SALE HAS BEEN CANCELLED WEDNESDAY, NOVEMBER 10th at 11 a.m. PINCHER STATION SALES YARD REGULAR MIXED CATTLE SALE 400 TO 500 HEAD THURSDAY, NOVEMBER llth a! 1 p.m. PAKOWKl SALES YARD THIS SALE HAS BEEN CANCELLED FRIDAY, NOVEMBER 12th at 1 p.m. PINCHER STATION SALES YARD CALF SALE ANY BREED WEDNESDAY, NOVEMBER 17th at 1 p.m. CRANBROOK SALES YARD MIXED CATTLE SALE THURSDAY, NOVEMBER 18th al 1 p.m. PINCHER STATION SALES YARD STOCK COW SALE 400 LISfED TO DATE For Information and Listing! Contact Community Auction Sales Assn. Ltd. ED GROSS DON FITZPATRICK Rei. 627-2285 627-4083 Offico 627-3466 Yord 627-3660 PINCHER CREEK, ALBERTA DETAILS replying to other opposition questions, Mr. Benson declined Sept. to give any details of negotia- Perp. 3 tiora here Thursday between 6'zJ Apr. Canadian and American offi- Jul. cials