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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 13, 1973, Lethbridge, Alberta ideas Holiday dress-ups. You're getting full value and solid comfort with these all wool co-ordinates which keep their shape and are expertly tailored. Sportcoat comes in handsome plaid and crisp check. Looks great topping a plain all wool hopsack slack. Or you may prefer the all wool crepe blazer with check slack. camels. Neat checks to bold colourful plaids. Sizes. Reg. Tall Short 38-42. Jacket and slacks Simpsons-Sears Ltd. at you get the guarantee eetlefMttoii Of rftoney refunded and free delivery Open Daily a.m. to p.m. Thursday and Friday a.m. to p.m. Centra Village Mall. Telephone 328-9231 Bound for Middle East Sgt. Clair Brooks of Edmonton gets a hug from his as he embarks for on his way to peacekeeping duties with the Canadian Forces in the Middle East. Life in U.S. affected by Arab oil cut action NEW YORK As winter citizens of the United States are asked to dim the lights of their slow their automobiles and shiver a bit in their homes. A generation Americans would have scoff- ed at the notion that their dai- ly lives could be radically affected by the actions of Arab countries. oil was cheap to produce in desert lands and expensive to recover Arab sheiks gradually developed political wallop. But only lately have they demonstrated their power to stagger the U.S. t The first Middle East oil was discovered in Iran in 1908 and exploited by the Anglo- Iranian Oil Co forerunner of British Petroleum. The first Arab oil gushed in Iraq in 1914. Americans got a concession from King Ibn Saud in 1933 and five years later dis- covered vast deposits in Saudi Arabia New discovenes were made in Kuwait and Americans move north for jobs By WILLIAM BORDERS New York Times Service TORONTO Canadians used to worry about the brain dram to the United but no more. The tide has revers- ed in the past few and the brains are now coming north. Ten years migration from Canada to the United States was four times what it was in the other direction and the definition of a in the words of a popular was who hasn't yet been offered a job in the United Now Canadian immigrants to the United States are out- numbered 2 to 1 by Americans moving north love city and I can't think of too many cities in the United States where it's possible any said Jerome a 42-year- old advertising executive who brought his wife and three children to Toronto from Detroit three years ago. Like nearly half of the or so Americans who have moved to Canada in the 1970's have settled in the country's commercial where the atmosphere seems American who will be eligible for Cana- dian citizenship in two more had so little trouble assimilating that he is now president of his neighborhood home owners' association. Almost all the rest of the immigrant Americans settle around which has a breezy lifestyle similar to or which has a much more cosmopolitan atmosphere but presents language barriers. In discussions of why they decided to come they almost invariably mention crime a Boatonian says he moved to Halifax after two friends were a public relations man moved to Montreal after his third burglary in Manhattan. kept moving into higher and higher high rises but didn't escape from said the former New like many of the immigrants took a out in to come to and still pays higher income taxes Two years ago the United States overtook Britain to become the leading source of immigrants to and last year native born Americans immigrated to this country. In the roughly com- parable 'fiscal year by com- natives of Canada moved to the United States In both most of the adults were well educated and easily employable. The young Americans who came here to avoid service in the Vietnam War are only a small segment of Canada's rapidly growing American probably numbering no more than 000 or Several thousand Americans teach at Canadian colleges and universities. Fif- teen per cent of the country's college teachers are Americans and 10 per cent more are the presence of so many foreigners sometimes causes resentment. Investigate drug theft from court QUEBEC Provin- cial police and RCMP said to- day they are investigating the theft of 25 pounds of mari- juana from the court house here Thursday. A spokesman said the drug was valued at Police said the marijuana was last seen after it had been used as an exhibit at the pre- liminary hearing into charges of possession for the purposes of trafficking against Denis 24. of Ste. Foy and Robert of St. David. A police spokesman said there was no evidence that en-r try to the room where the marijuana was kept was elsewhere. But in total Middle East oil output still1 was only barrels a day. SUEZ SHOOK EUROPE The Suez crisis of 1956 shook Western Europe. Europeans had become dependent on rapid transport of fuel through the Suez canal for their in- dustries But the United States could make up the and deeper crisis was averted. Suez provide ammunition for U.S domestic who long had com- plained that cheaply produced oil from the Middle East took too much of the U.S market Because it had been so the United States was a net importer of crude. President Dwight Eisen- hower's administration invok- ed an import quota system. By the limit was set at 000 barrels a day and domestic oil was kept at a high price to consumers As the 1960s the world market was glutted with oil. Big international companies reduced prices and taxes paid to producing countries The producer countries reacted by forming a self-protective associ- or Organ- ization of Petroleum Ex- porting Companies Even the jolt of the 1967 six- day Arab-Israeli with its new closure of the Suez was not difficult to ride out ihe U S. had spare pro- ductive capacity and could boost production by. 100 million barrels to help make up Europe's losses. IMPORTS ESSENTIAL NOW But in for the first the U.S. burned up more oil and natural gas than it produced. The message was that imports would be essen- tial to U S. security. The price of oil in con- sidered high was for a barrel U.S. of crude. The price last month stood at 93 65. American use of oil was five million barrels daily in 1950 Now it is million. West European consumption rose to 14 2 million from one million in the same Japanese to 4.8 million from barrels. In most those figures would nearly double by 1980 at current rates of con- sumption. About a week after the new Arab-Israel war exploded Oct. the oil countries fired the first volley from their oil weapon. they raised prices. Then they announced production five percent for each month Israel remain- ed in occupation of Arab territory. This time the Americans had no spare productive capacity to meet the emergen- did anybody else. HIGHEST MARKET Alberta markets about 36 per cent of the lamb and sheep in more than any other province. ;