Internet Payments

Secure & Reliable

Your data is encrypted and secure with us.
Godaddyseal image
VeraSafe Security Seal

Lethbridge Herald Newspaper Archives

- Page 1

Join us for 7 days to view your results

Enter your details to get started

or Login

What will you discover?

  • 108,666,265 Obituaries
  • 86,129,063 Archives
  • Birth & Marriages
  • Arrests & legal notices
  • And so much more
Issue Date:
Pages Available: 28

Search All United States newspapers

Research your ancestors and family tree, historical events, famous people and so much more!

Browse U.S. Newspaper Archives


Select the state you are looking for from the map or the list below

OCR Text

Lethbridge Herald, The (Newspaper) - November 7, 1974, Lethbridge, Alberta The LetHbridge Herald LETHBRIDGE, ALBERTA, THURSDAY, NOVEMBER 7, 1974 32 Pages 15 Cents Legislature finishes short fall session Price index climb fastest in 25 years Ulster manhunt A British soldier remains on watch while fellow troopers search a truck at one of the army road- blocks set up following an attempted mass escape from the Maze Prison Camp outside Belfast Wed- nesday Three of the 33 prisoners involved m the break succeeded in the tunnel escape but were captured Wednesday night OTTAWA (CP) The con- sumer price index has gone up during the last 12 months at the fastes> rate since the Korean war due mainly to higher food prices, Statistics Canada reported today Higher prices for bread, milk and sugar were among the mam contributors to a ninetenths of one per cent gain in the index m October The October index level was 11 6 per cent above the level of inside Classified Comics Comment District Family Local News Markets Sports Theatres TV Weather Youth 26-30 24 19 25 14-16 7 6 3 8 Kissinger gets pledge of crude oil price lid 'And God Bless Mummy, Daddy, Dow Jones LOW TONIGHT 35; HIGH FRI 45; MOSTLY CLOUDY. THE ASSOCIATED PRESS State Secretary Henry Kissinger of the United States has received a Saudi Arabian pledge to try to keep the price of crude oil from rising or to get a nominal reduction at the meeting of oil-exporting nations in Vienna next month Saudi Foreign Minister Aussies follow Canada in pledging food aid ROME (CP) A near- doubling of food aid has been promised by Canada at the United Nations food conference, and the gesture has prodded at least one other gram donor to follow suit External Affairs Minister Allan MacEachen told the conference Wednesday that Ottawa will raise wheat aid to one million tons annually for each of the next three years, an advance over the current tons yearly MacEachen also announced that million in aid funds will immediately be shifted into agricultural assistance from other programs That would almost double the 166 million that officials say now is going into farm projects and food donations by the Canadian International De- velopment Agency (CIDA) Within hours, Australia pledged an estimated mil- lion to agriculture aid sources said the promise The Canadian gift might be a boon to Prairie farmers as well as to the hungry of Asia and Africa At current prices, that could amount to million a year Clerides backs federation NICOSIA (AP) President Glafcos Clerides told Greek- Cypnots Wednesday night that accepting federation with Turkish-Cypriots was the only realistic way of settling the island's crisis "1 see no prospect of the Turks accepting any settle- ment that does not include federation and some geographical basis for it." the acting president told more than 300 persons gathered in a small art gallery It was the first time the Greek-Cypriot leader has pubhclv counselled accepting a federation Clerides noted that 40 per cent of Cyprus territory and 70 per cent of the island's eco- nomic production were under Turkish occupation and that 200.000 Greek Cypriote had be- come refugees Omar Sakkaf gave Kissinger that promise after Kissinger met for 90 minutes Wednesday with King Faisal in Riyadh He made clear, however, that Saudi Arabia would not break ranks and cut its prices un- ilaterally "The policy of my kingdom and my government is that we keep the prices as they are (and) at the same time work for the lowering of the prices tc bring them down, albeit Sakkaf said "And if we could bring them down more than symbolically we would It was the second oil-price promise Kissinger has receiv- ed on his current tour The shah of Iran said last weekend he would propose that the posted price of crude artificial price on which part of the oil countries' take is cut to from a barrel But he in- dicated that he would do this only if the profits of foreign oil companies were drastically reduced and if the posted price was tied to the price of major industrial goods Kissinger was meeting to- day in Amman with King Hus- sein of Jordan After a stop in Damascus, the Syrian capital, he was to spend the night in Israel He goes to Turkey Fri- day to try to open the door to negotiations for a Cyprus settlement Kissinger on his arrival in Amman said once more that the purpose of his whirlwind tour was "to get the judgment of various leaders about prospects for peace UN troops to stay on in Mideast TEL AVIV (Reuter) Canadian Defence Minister James Richardson said today an understanding already had been reached on the continued stationing of United Nations forces on the Golan Heights UN Disengagement Observation Forces (UNDOF) have been manning a line separating Israeli and Syrian troops in accordance with an agreement reached earlier this year The initial six-month period is due to end Nov 30 "Canadian contingents will continue to serve in the north and in the south between Israel and Egypt since we believe in the peacekeeping operations Richardson told reporters on his arrival here for a two-day visit "If we can be useful and the UN asks us to stay, we shall do so Speculation fraud sours sugar market By ISAOORE BARMASH New York Times Service NEW YORK Feverish speculation in the inflated sugar market has given rise to price- kiting through agreements to buy and sell millions of tons of sugar crops around the world that may not exist The practice has overtones reminiscent of the World War II practice of offering steel and sell- ing the resulting contract to several parties, each taking a premium but none delivering any- steel Nonexistent fuel oil was also offered to hard-pressed utilities dunng the energy shortage last winter The practice has involved sugar buyers for such major business users as candy, pastrj. sof t- dnnk and syrup producers It involves offers of growers contracts for Central and South American cane that has never been planted The practice is described bv industrial-sugar buyers as a widespread, even worldwide activity in which prices for non-existent sugar are consecutively bid up This activity mevitablv influences the real price of the commodity It is considered bv these buyers as one of the most irresponsible elements in a rampant peculation that has been pushing up the price of sugar to the consumer by about one cent a day for weeks The "sellers." who do not include legitimate sugar brokers or dealers, play on an industrial buyer s need in a situation they place cryptic telephone calls, ascertain a buyer's real interest and provide only vague in- formation according to the industrial buyers Last week a sugar buyer for a large candy com- panv received his 25th such call in a month Frustrated by similar calls without confirmation of existing stocks, be refused to make a com- mitment "Anybody who has a Telex machine seems to be involved." another potential buyer said today Some of these "salesmen" obtain a commitment from a sugar user, contact either a broker or wholesaler or a London bank and report that thev have an order for tons Will they take U off his hands for a slight premium'' The bank is asked to provide its guarantee and some in London have The successne selling of the contracts is said to produce heavy returns for the operators Onh an occasional delivery of an accidentally available quantity is ever forthcoming The spurious practice feeds on the fact that deliveries are not always certain from traditional sources A buying spokesman for the Tasty Banking Company. Philadelphia, said The supply is there but it's tignt You rt either on an allocation basis with primary sources or vou have to go out and pav reallv inflated prices A confectionary company buyer, who asked not to be identified, said today "There are dif- ficulties Even our major sugar refiners and brokers don't always have the quantities available that we want So we wait and sweat To a man. industrial buvers say that they do not pav under-the-table increases in price to ob- tain their sugar needs With orders based on allocation from principal refiners and the world sugar price remaining inflated the supplj situa- tion remains rigid and not prone to individual influence, they admit However, because of the reports of inter- national speculation, most recenlh involving the Soviet Union and Hungary and an increasing lightness of supply, the typical industrial buyer is caught between suspicion of spurious selling practices and an anxiety obtain sugar before prices go higher Greece Iran and Kuwait are among the foreign countries that recently nave been buying heayilv wtii Kuwait, at least reported to have bought an especiallv large tonnage of sugar far bey ond consumption needs j reports that the new crop vear now getting under will produce 1 5 million tons less than projected con sumption are increasing the concern among those whose job it is t in sugar for their companies a year ago and the last time there was a larger year-to-i year rise was 11 7 per cent! between August, 1950, and August 1951 In October the food price in- dex was up by 1 4 per cent and historically the food index has declined between September and October An increase in the housing index of nine-tenths of one per cent was another major contributor to the rise in the all-items index Higher tax rates, mortgage interest rates and repair costs were cited as factors There was a decline of two- tenths of one per cent in the transportation index due to lower gasoline prices and train fares The all-items index level was 1722 in'October Stated another way the mix of con- sumer items that could be bought for in 1961 cost 20 in October, 60 in September and 30 a year ago The purchasing power of the 1961 dollar had declined to 58 cents in October compared with 65 cents a year ago The consumer price index is based on a 1967 survey of family spending patterns and weights of major component indexes are Food, 25 per cent housing, 31 per cent, clothing, 11 per cent, tran- sportation, 15 per cent, and other items, 18 per cent Family allowance to rise OTTAWA (CP) The basic family allowance payment of will go to 08 in January, figures released to- day on the October consumer price index indicate The report indicates an m- Jlbrease of 04 to 06 in January in the old age securi- ty payments Old age security, the basic flat-rate payment for 1 88 mil- lion persons over 65, is one of four federal transfer payments indexed to provide higher payments as the con- sumer price index rises Old age security and guaranteed income supplements are ad- justed quarterly while Canada Pension Plan and family- allowance payments are ad- justed annually Payment rates for all four go up in January The October index level re- leased todav by Statistics Can- ada was 172 2. up from 170 6 in September, and indicated in- creases in payment levels are based on formulas in the Old Age Security and Family- Allowance Acts and the Canada Pension Plan Health and Welfare depart ment officials are prohibited by the minister. Marc Lalonde. from confirming the amounts of the increases because they are under orders not 1o discuss figures By AL SCARTH Herald Legislature Bureau EDMONTON The fall session of the Alberta legislature wound up Wednesday with 15 pieces of legisla- tion passed into law The session prorogued with major consumer and medical profession acts left until the legislature opens next winter, in January or February Lieutenant Governor Ralph Stemhauer gave royal assent to the housekeeping legislation as his first official act within the legislative assembly Without fuel from the op- position to keep the session going, it shut down after only 11 days of sittings That brought the total for this 17th legislature to 72 days The prorogation marked the third legislative year for Peter Lougheed's Progressive Conservative administration It also marked two abortive attempts by the opposition to make inroads on the government's popularity Op position MLAs were floored on the first day by a pile of documents explaining the government s purchase of Pacific Western Airlines The massive documentation left little for the Social Credit benches to criticize or ask about However, Opposition Leader Bob Clark claimed outside the house that the op- position had scored some points over the issue Then a vote of non- confidence presented by Ray Speaker (SC Little Bow) was rapidly ruled out of order It was formed as an amend- ment to the premier's state of the province address But the speaker of the assembly said it clearly contravened parliamentary rules because it was contrary to the spirit of the motion on the address One government minister did enter rough waters over the issue of coal exploration in the eastern slopes of the Rockies Allan Warrack, minister of lands and forests, admitted responsibility for misinforming the premier's office on the issue Mr Lougheed was forced to send out correcting letters, explaining that some explora- tion is still taking place Lou Hyndman, government house leader said after the session that an act monitoring whether land is sold to Canadians or non-Canadians is ore piece of "housekeeping .vhich would prove very im- portant in the future Another piece of housekeeping" at least par- tially closed a legal loophole under which landlords could demand more rent after only- one month s notice, instead of three months Meanwhile a select com- mittee of the legislature said the cabinet required watching a permanent committee of the house to prevent abuses of its power The government's con- sumer legislation which would establish an office to insure consumers have financial help to take grievances to court was purposely until the spring Spring election hinted Herald Legislature Bureau EDMONTON It looked like Premier Peter Lougheed dropped a hint for an early election next spring in Alberta Wednesday but it could just as well be a false alarm An April election is said by observers to be a strong possibility if the government starts the legislature session earlier next year Wednesday the premier said it 'will probably be quite a number of weeks earlier' An early session will mean there would be time to finish the business of the session before announcing an election campaign But outside the legislature he told reporters starting earlier is just "a logical way to do things It avoids interference with spring seeding for one thing, Mr Lougheed said The session will open in "early February or late January Considering the normal length of a session is 12 weeks, it would end in April The premier could then announce in Mav an election for June as a minimum of 39 days must be allowed for campaigning A June date is the one many observers have favored But some say a very early session could be over in time for the premier to announce an elec- tionat his party s annual convention in March Bolivian revolt crushed LA PAZ (AP) The Boli- vian government announced today that it had crushed a revolt in the eastern part of the country No bloodshed was reported The announcement said President Hugo Banzer led a special contingent of soldiers to regain control of Santa Cruz 330 miles east of La Paz. where the revolt broke out earlier in the day Military and civilian rebels opposed to Banzer's three- ear-old dictatorial regime had taken over the Santa Cruz citv hall and police station But Banzer s government claimed that only part of a ranger regiment in Santa Cruz had rebelled Seen and heard About town Harrison classifying yending machines as roimverous Lethbridge College President C D Stewart admitting all presidents are sneaky Argentina in state of siege BUENOS AIRES Argentine terrorists today shot to death an artm major and burned militan vehicles in the first reaction to the government s declaration of a state of siege Police said Maj Hector Lope? was slain as he left his home this morning in Santa Ye 300 miles north of here The shots came from a house across from Lopez residence killing the major instantly Terrorist croups set fire to about 20 military buses at a farton north of Buenos Aires police sources said Other guerrillas briefly the railroad station at sojth of Buenos Mrcs painted revolutionary slogans and distributed literature of the outlawed People s Revolutionary Army 'ERPi police said political assassinations occurring at the rate of more than one a day President Isabel Peron returned Argentina to a state of siege Wednesday Her decree enables the govern- ment to hold anyone indefinitely without trial Vnyone can be banished to remote corners of the rountn and public meetings are prohihited ;