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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 7, 1972, Lethbridge, Alberta _______________ Tuesday. November 7, 1972 THE LETHBRID5E HERALD 17 Fugitive sought WHITBY, Onl. (CP) Pro- vincial police say they still are ooking for a Whitby youth in Western Canada in connection with the September robbery of two New Liskeard' Ont., mur- der suspects. Three Whitby James Paterson, Wayne Ken- neth Wilson and Carl Wilson- are in custody here charged with the robbery. Peter- son was arrested in Vancouver last week and brought back to Whitby. Kevin Grant Lang, and a 15-year-old juvenile, both of New Liskearcl, were arrested by provincial police last Sept. G after they complained to police that they had been beaten and robbed of by four youths with whom they had been drinking. Lang and the juvenile, were charged with non-capital mur- der in the death of Golden Brown, 70, whose body was found at the foot of cellar stairs in his New Liskeard home last September. Police believe the victim was robbed of Downed pilot uses mirror as rescue gadget in north YELLOWKNIFE, N.W.T. (CP) A downed pilot used a hand-sized mirror yesterday as a key instrument in his rescue from remote bush 100 miles in- side the Arctic Circle. John Gaucher of lunvik, forced down last week, used the mr.Tor to catch the attention of another pilot flying in the vicin- ity. Mr. Gaudier went missing Thursday on a flight between the Mackenzie delta and the In- dian settlement of Old Crow, on the Porcupine River near the Alaska-Yukon border. Bad weathe- forced him to land his single-engine Cessna 185 on a frozen lake about n'iles north of Edmonton. The lake is about 45 miles from Old Crow and 180 miles from In- uvik. Mr. Gaucher waited for the skies to open enough to allow him to fly, but finally found himself trapped in deep snow on the lake and unable to take off. Overnight temperatures later froze the engine of the aircraft. After two nights in the bush, Mr. Gaucher heard a light plane overhead and managed to flash signals at the pilot with a I hanri-heicl mirror that reflected 1 bright sunlight. A Ram Air plane sub- sequently flew out to the lake from Inuvik, carrying a heater for the engine. Mr. Gaugher got help in clearing the snow from a runway and flew home. The identity of the pilot who spotted the downed pilot has not been determined. He was flying into an exploration area northeast of Mr. Gaucher's lo- cation. SHIPS WRECKED Nearly 350 shipwrecks oc- curred on the coral reefs sur- rounding Bermuda over a 400- year period. RIGHT OP WAY In a traffic circle, th e driver to the right does not have the right of way as he dees in other situations. Unless otherwise directed by a sign, a driver travelling in a traffic circle must yield the right of way to any vehicle that is travelling to his left in the circle. This picture is the 20th advertising the City Police 1972 safe driving campaign. Wage, price questions asked by businessmen V By IRVING C. WIIYNOT CP Business Editor One subject likely to come to controls if inflation increases beyond 5.5 per cent in 1973. "The relatively good U.S. ex- perience with price control has the fore again fallowing the snme to this ciose federal election is the appr0ach Rodney Kerr of the in- vestment firm of Wood Gundy Ltd. sees the prospect of con- trols as unsettling for investors. "It may be that Canada is a lot close' to wage and price prospect of wage and p'ricc con- trols in Canada. Some businessmen were say- ing privately before the vote that they expected some form of controls following the clcc-......... lion, regardless of which parly I controls than we were at this won. I time last he said two Their basic reasoning was I days after the election. "The that some moans to stimulate the economy and reduce unem- ployment would have to he found and likely would be in- flationary ill nature. But no government would want lo create a new bout of so controls would be applied to contain it. A further feeling was that Canada could not continue too long on a course opposite to that in the United States, where a fo-m of controls has been in effect for some time. Neither Prime Minister T r u d e a u or Conservative Leader Robert Stanfield have ruled out the possibility of fu- ture controls. And Mr. Trudeau in his news conference Thurs- day, saying he would stay on as prime minister, said economic stimulation would have to be achieved wilhout galloping in- flation. UNDER niscrssipN A number of business leaders and economists have already been talking about the prospect of controls. J. W. Popkin. senior econo- mist of Sim Life Assurance Co., says he expects price and wage possibility of wage and price controls, I believe, will make it very nerve-wracking for in- vestors with large cash re- serves to stay out of the bond market." .lack McKcnzic, vice-presi- dent finance for Canada Per- manent Trust Co.. also saw the prospect of controls. "Even if no direct controls are placed on interest they wouldn't work the bond market would have to accommodate to new condi- tions." OPPOSED BY SOME Some others see problems in imposing controls, and some arc against, them. Alan B. Hockin, deputy chief general manager: of Toronto Dominion Bank, said in late September that direct govern- ment intervention to control prices "would be unsuccessful if it were not accompanied by measures affecting levels of in- comes." "Therefo-e, I am driven back to the alternative of the use of monetary and fiscal policy, in- cluding income redistributive policies, as instruments neces- r makes color TV worth having. ChroMatrix and Perma-Lock are two of the reasons. ChroMairtx picture lube made wilh rare phosphors QIVOS the most lifcliko picture vou can not. Porma-Lock automatic fino tuning rjivor, perfect color intensity, llesh tones, control and brightness simply by pressing one control. Acme Television Ltd. 535 13lh 51. N., Ph 327-6361 and College Moll Phono TV (Taber) Ltd. Tabcr, Alta. Phono: 223-3866 Bert Mac's Radio-TV Ltd. 315 7lh Snool S. Ulhlirdno Phono Appliance TV Sales Ltd. 1242 3rd Avenu. S. iBllibrldp.. rhon. 328-0012 ;ary to achieve this income ef- ect." Economist Carl Beigie. exec- utive director of the Private fanning Association of Can- ada, said just a few days be- ore the election that prices must be considered as part of any policy on employment. "If the only two policy al- ternatives for dealing with the nflation problem were deflated ov price and wage controls in some form, I would reluctantly jut firmly support controls. SUPERINTENDENT DF UTILITIES MAJOR CHEMICAL PLANT requires SUPERINTENDENT OF UTILITIES AND INSPECTION Challenging position with responsibility for all utilities and metals inspection, including operation of utilities plant; sulphuric ocid plant; extensive water treatment and ultra-sonic metals inspection service. The successful applicant must have a valid Alberta First Class Steam Engineer's certificate and several years' experience. Salary commensurate with quali- fications and experience. Send resume to: PERSONNEL MANAGER NORTHWEST NITRO-CHEMICALS LTD., BOX 310, MEDICINE HAT, ALBERTA, T1A 7G1 "I" BRAND MARGARINE Watch For More Special Values In Tomorrow's Paper. ..J After November 15, Canada Savings Bonds will cost you more because you will have to pay accrued interest! BUYCANADA SAVINGS BONDS START SOMETHING GOOD TODAY AVERAGE ANNUAL INTEREST TO MATURITY 7.30% ;