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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 18, 1970, Lethbridge, Alberta _ THE LETIIMIDGE HERALD Wednesday, Novtmhsr IS, 1970 piled deep TORONTO (CP) It costs about to produce one PiiD but an increasing number of these highly-trained univer- sity graduates arc unable to find jobs, says a report released today by the" Graduate Students' Union at the University of To- ronto. The union found that only 105 of 130 PhD graduates from U of T this year found jobs. Less than half of 158 who searched for work in universities found a position. The report urges "immediate restrictions" In Canadian immi- gration policies on foreigners in professions where there is "a b u n d e n t Canadian nian- It also calls on the provincial government to prohibit further expansion of graduate schools. "As long as the economy re- in a i n s foreipi-dominated, no real solution is possible, only short-term measures to tempo- rarily avoid explosive situa- the report says. The students' union combined Its own survey with material Battered baby made ward of Alberta department i provincial ward lor one EDMONTON (CP) A six- month old baby boy who had been so badly battered he spent 54 days in hospital has been Ottawa money helps Calgary renewal plan OTTAWA (CP) A contribu- tion of million plus a loan of will be made by the federal government, for an urban renewal plan in Cal- gary, It was announced here. The fun-is are to assist in a renewal scheme involving a one- block area in the east end of the city. The announcement said this would allow the city to proceed'with partial imple- mentation of an urban renswal program for the Churchill Park area begun in 1966. made i year. Family Court judge Albert Ca- tonio ordered (he child placed in the custody of the depart- ment of social development fol- lowing a hearing that began Nov. 6 and concluded yesterday I after further evidence was pre sented. The 22 year old father and j 16-year-old mother were advis- ed by Judge Catonio to profes s i o n a 1 counsellin seek and therapy. When the child was admitted to hospital, Ms injuries included fractures of every rib, a broken right leg, a burn on the left leg, head injuries and damage to an eye. The father said he did not know how the child suffered the injuries and that they may have occurred when the child was left with babysitters. A doctor said the injuries ap- peared to have occurred over a period of weeks. For a Christmas Gift of Distinction Drop In To See Us! CENTRE VILLAGE MALL Phone 328-8412 328-8714 from an unpublished Science Council of Canada study called PhDs Piled High and Deep. It warns that the situation will get worse when the huge influx of students in the late '60s grad- uates in 1971 and 1972. U.S. KESTIHCTS ENTRY Canadian PhDs are not likely to find work in the United State, the report says, because recent changes in U.S. laws re- strict immigration of Canadians while the United States also has a surplus of PhDs. Meanwhile, "the incredible thing is that tlu's surplus of PhDs as well as older and more experienced university teachers and scientists from the U.S. move freery across the Cana- dian border and compete quite successfully for scarce Cana- dian jobs." It cites federal statistics that the federal government let over 500 chemists into Canada mostly from the United King- dom, in 1968 and 1969 at a time when Canadian chemists were finding it next to impossible to get jobs. The report urges U of T to advertise for all positions in Canada first and in other coun- tries only if qualified Canadians are not available. The survey found women had "great difficulties" in getting jobs and married women the greatest difficulty of all. The report said it can be as- sumed that if U of T graduates are having difficulty, so are graduates from other Canadian universities. New stock trade policy is announced by TSE TORONTO (CP) The To- ronto Stock Exchange has an- nounced a new policy that will provide the first set of specific guidelines for stopping trading in a stock. The amendment to TSE bylaws goes Mo effect April 1, !971. To maintain its listing on the exchange a company must have at least shares in public SCHIZOPHRENIC SIGN-This double highway sign appears on the main of tloydminster, o city of which sits on the border between Saskatchewan and Al- berta. About 55 per cent of the city's residents live on the Alberta side of town. Banff doesn't like parks scheme BANFF (CP) A federal government plan calling for in- creases w recreational facili- ties in four western national parks, has attracted opposition from Banff residents. The plan, announced week, covers Banff, Jasper, Yoho and Kootenay national parks, but may be changed if the public demands it. It would include increased road and highway development In Banff, 69 miles northwest of Calgary, and would maintain the town as a service centre. It also favors development of roads through wilderness areas of the parks. :I think the development ami of the department of north- ern development is running away with said Gerrie Wilie, president of the Bow Valley naturah'sts in Banff. "They've got to start listening to the experts in ecology." Chairman Lorea Kendal, rep- resenting the local school board, Banff's only tax-raising body, said: "If wilderness Is so precious, why are they going to tear it further 'George Leroy, president of the Banff Advisory Council, centred his criticism on plans for the townsite. "I'm disappointed Hie same philosophy has been maintained toward the townsite bedroom space and a service centre. So many persons coming here will just look at banff townsite and will be their impression of the national park The provisional plan also pro- poses more campsites and vis- itors' facilities in the parks to accommodate an anticipated 100-per-cent increase in visitors during the next 10 years. Apologizes for error EDMONTON (CP) Mayor Ivor Dent has apologized to Premier Ed Schreyer of Mani- toba for an advertisement in two eastern newspapers earlier this month. The advertisement in the To- ronto Globe and Mail and the Financial Post were purchased by the city's industrial develop- ment department. They eom- pj-ed the growth of Edmonton with Manitoba. Manitoba officials described the advertisement as "inaccur- ate" and "unfair." "Looking The adver- tisement asked. "Looking at Manitoba, maybe? Look again." Then a statistical comparison was made between Manitoba and metropolitan Edmonton that was much in the city's favor. A Manitoba Industry depart- ment spokesman said some of the figures green were ridicu- and other? fishy, Leo LeClere Edmonton Indus- trial development eo-ordinator, confirmed the advertisement contained an error. distribution. The distribution must also be divided among at least 75 shareholders who own a board 100 shares more. For an industrial company this is 25 per cent of the original listing requirement. The minimum 75 shareholders cannot include officials of the company or anyone directly or indirectly connected with a con- trolling group or underwriting company. The minimum net tangible as- sets required to be maintained by an industrial company will be a quarter of the original listing requirement of million. The minimum net liquid assets for continued list- ing of mining and oil compa- nies, established by a previous bylaw, is Asset require- ments for original listings of mining and oil companies vary. An exchange spokesman said there may be some now listed that would not meet the new requirements but the number was not known. The spokesman said there would not be an automatic review of all listed companies to determine whether they meet standards. Each case of suspected non- compliance would be treated in- dividually. The general criteria in the new bylaw provides for broad exchange powers. A company may be delisted when in the opinion of the exchange: "The financial condition and- or operating results of the com- pany appear to be unsatisfac- tory and dp not warrant contin- uation of the security on the list; "It appears that the public distribution of the security or the net tangible asset value of the company has been so re- duced as to make further deal- ings in the security on the ex- change inappropriate; "The company has sold or otherwise disposed of its princi- pal operating assets, or has ceased to be an operating com- pany; "The company has failed to comply with its listing agree- ment with the exchange, or; "Any. other event shall occur or any condition .shall exist which makes further dealings on the exchange in the security unwarranted." ALL KINDS OF ALTERATIONS 10% JUST ARRIVED! GOOD QUALITY FABRICS For That Christmas Suit SURIANO'S TAILORING SHOP OFF (1 WEEK ONLY) CENTRE VILLAGE MALL PHONE 328-2532 Christmas Thoughts GOLDEN DOLPHIN BATH BOUTIQUE Suggests PETAL GLO NIGHT LITE Blooming in garden fresh colors. Special "CASTILIAN" JACQUARD TOWELS and "WINCHESTER" SOLIDS Bath 2.99 Hand 1.99 Wash 5.99 .79 "Stocking Sfuffers" PRINTED LINEN TEA TOWELS "Yozw Christmas Gift Store" 104 CENTRE VILLAGE MAIL 327-1323 ASSOCIATION SADDLE Old sfandby of the Canadian West, Basket stamped, Reg, J vaaithnalh Men's Western Sweaters Yoke back Suede front......................... (Men's and Ladies') Handmade by the Indian of the Canadian north. Sheepskin lined Deerskin (soft) rabbit uppers Men's Shirts by TEM-TEX, FENTON and KARMAN PRICED FROM 22 12 9 .95 UP .95 UP .98 RALIDE A sturdy looled saddle, 5 year guarantee on the rolitlo tree. Double padded seat by TONY LAMA, COWTOWN, SANDERS of MEXICO and TEXAS BRAND. Charles M. Russell Paintings and Accessories HEADQUARTERS FOR LEES and LEVIS FEATURING SOUTHERN ALBERTA'S LARGEST STOCK CENTRE VILLAGE MALL I ;