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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 29, 1973, Lethbridge, Alberta China may be sitting on massive untapped oil reserves By JONATHAN SHARP PEKING China has been mentioned UtUe dur- ing the current Middle Eitt off but it hit the potential to give a vigorous new twist to International oil politics. has oil has lever- commented one Western envoy here. China certainly has although how much is not known outside China and maybe not even by the Chinese themselves. In the China's name rarely has been associated with oil because the have been neither great produces nor consumers of oil. China often has said it is self-sufficient in and even eiports a little to allies such as North Vietnam and North but this does not mean much in terms of total world supplies because the amounts involved are relatively small. Figures for Chinese oil pro- duction are as elusive as most other statistics but one Western estimate put produc- tion in at 18 million tons- about 14 days' production in Utt United States. Despite this output flcure In the___ three the total does not add up to mow than a tiny fraction of existing world sup- plies. What must be exciting the attention of countries who find their oil supplies threatened by the Arab export cut are China's untapped oil reserves. Some Western authorities believe China is sitting on massive oil reserves which it has Just begun to let atone exploit. One U.S. oil equipment representative was quoted as saying earlier this year that Chinese reserves may be the third-largest in the world. A visiting Canadian geologist said recently that even a cursory glance at China's geology Indicates the probable existence of large oil fields-far more than China can handle at present. But China realises it has neither the technology nor the financial resources to export these supplies rapidly on its If China was to become a major oil producer quickly It would have to rely on a substantial infusion of foreign technology and money. China already has bought at least one offshore oil rig'from Japan. HOT the ANSWERS for your NEWS QUIZ PART 1-Jamee S-Qrwce PART 5-b PART 5-d PICTURE Captain Mark Phillips and Princess Anne CLIP AND SAVE THIS PAGE. IT MAKE A HANDY CHRISTMAS SHOPPING GUIDE of a series. Refugee help sought Mrs Hortensia widow of deposed Chilean president Salvador said at a press conference in Toronto Canadians should pressure their government to take in Chilean refugees. Toronto was the first stop on her tour of several cities in Canada. Cloak-dagger Cyprus peace talk Cyprus On the island of Muslim minarets sprout from Gothic Irish and British soldiers play football Arab and Israeli diplomats shop in the same supermarkets and United Nations troops keep the Greeks and Turks from com- mitting intramural genocide. Cyprus is neutral and as the olive branch on its flag proclaims. Some observers compare it with Portugal during the Se- cond World a cloak-and- dagger no man's bathed in a luminous light coming from the fires in the Middle East. It has been suggested as a possible site for Middle East peace alks diplomats think it would be ideal. Cyprus comes by its tourist The Islands of from mythology. the goddess of was born of the foam where the Mediterranean washes the rocks at Paphos on its southwest coast. Mark An- tony gave the legend life by jiving the island to Cleopatra is a love offering. HOSTILITY REMAINS True love has always follow- jd a rocky road on this nountainous island. Arab and Israeli diplomats nay shop in the same super- live in the same leighborhoods and send their to the same at cocktail parties and hplomatic receptions they urn their backs on each other. Crews from El Al and Mid- He East Airlines dance in the larkness of the same dis- but comes the lawn and the animosities like morning glories. Getting into the Israeli Em- ussy in Nicosia for a visa is ike passing through the clang- ng gates and time locks of a tank vault with the added in- 'onvenience of body search. There have been terrorist ncidents in the last year. Hus- ein an Al Fatah was killed rtien a bomb went off in his oom in Nicosia's Olympic lotel. A few weeks later a ewish businessman was shot April brought the most serious upsurge in terrorism. A bomb exploded in the ground floor of the Israeli am- bassador's injuring a Cypriot policeman. Immediately seven Arabs tried to hijack an El Al plane at Nicosia airport. One was killed and another in- jured in a Shootout with El Al guards and Cypriot police. In a strong the Cyprus Arcnibishop told Arabs and Jews to take their hostilities elsewhere because the island had enough troubles of its own. As indeed it has. The island of love still seethes with its own complex political and religious passions. The tucked in the northeast corner of the is roughly shaped like a sheepskin nailed to a barn wall but its inhabitants cannot agree whether it is a Greek or a Turkish sheep. Turkish soldiers with fixed bayonets and fierce push' broom moustaches pace the battlements of old Venetian forts and Crusader castles. Greek soldiers sit playing cards in little wooden guard while at the no man's land in blue bereted UN troops from Denmark and Finland battle the daily boredom of peace- keeping. FIGHT GREEK UNION The Turkish troops are here to prevent reunion with Greece. The last thing Turkey wants is a Greek island block- ing the entrance to her best southern ports. In recent months there has been no serious fighting between Greeks and Turks but the tensions still tug and tease. The island's Greek Cypriots paint their homes and shops blue and fly the blue and white Greek flag while the Turkish Cypriots paint their homes red and white and fly the Turkish red with the white crescent. Every now and then a Greek or Turk drops mysteriously from sight or is found beaten in a lane outside HowBig Jim is specially designed to develop your fcoy's imagination Big and his friend Big are realistic action fig- ures designed to kindle any boy's imagination Your young- ster can plan and experience hundreds of different adventures involving him and his pair of heroes Watch him design sports daring camping sea dramatic res- brave and challenging explorations Big Jinr accessories may suggest general play situations to your boy but he is the leader m this special world of and his own imagination will deter- mine its scope These toys are sug- gested for boys 5 and over Big is tall joints bend and so he can be posed in any sports or action situation When his back is his arm swings up His BIG JIM All his bulging bicep pops off a muscle band Big comes with ka- rate board and muscle band BIG WITH TALKING FIELD RADIO Pull the broadcast ring and hear 8 messages Straps on and off Plug-in earphones and bull plus Big and his res- cue outfit and muscle band BIG RESCUE The vehicle x x is equipped with adjustable rescue boom and basket The swing- open rear section is an Intensive Care Unit Comes with Talking Communication rescue chain saw walkie-talkie lifting complete instruc- tions Battery and Big figure not included BIG CAMPIN' TENT Complete gear for living on the trail1 Set includes a sturdy vinyl tent 2 sleeping 2 camp campfire with 2 cooking 2 sup- per frying pan coffee and decals BIG Big buddy really Knows how to handle himself1 Watch as he splits a log with one mighty swipe of his axe Josh is Jim's size and comes with denim shorts and splitting log and axe and muscle band Or get Big with his wing-flap- gauntlet and other special gear BIG RUGGED An exciting addition to Big world that fascinates parents as well as their boys This rugged bike is engineered for balance even after it jumps off the ramp1 The bike has fork springs and kick- stand that really work Bike comes with ramp and launching stick Big Jim'4 not included BIG JIM1 SPORTS CAMPER Complete boating and sporting gear for Big Jim8 and his friends fishing oars fishing mountain climbing and rescue sleeping frying lan- 2 folding coffee cooking campfire and motorcycle rack Side props up for sleeping and wind- shield tips up to let Big in Big figure not included A BOY'S WORLD OF ADVENTURE boy and his toys Manly dreams shared together Happy adventures and One after another Donald Clarke Hulchins BIG BOAT AND BUGGY SET Watch Big Jim6 and his friends go through their paces as your boy helps them ride con- quer rugged sand dunss catch .giant fish' The fishing boat includes oars fishing and fish Also outboard bait box detachable boat trailer customized stick-ons and com- plete instructions Figures not included BIG YOUR BOY Big his and his special world of are all designed to stimulate your boy's and help his play experiences be both fun and educational. MOST OF THE ABOVE MATTEL TOYS ARE AVAILABLE AT THESE FINE STORES. BUT SUPPLIES ARE LIMITED. Acme Merchendlee 426 6 St. Phone 328-1761 S. KroeQO StOfM 4th Ave. 6th St. S. Phone 327-4155 The T. Eaton Co. Limited 4 Ave. arid 6 St. Phone 327-6551 1710 Mayor Magrath Drive Phone 328-8171 Southern Alberta Co-Op Bow Island Tiber To Store Limited Ig'a Hardware 411 2nd ;