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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 30, 1972, Lethbridge, Alberta Ttiurtdar, Nanmbir 10, _ THE IPHMIDGf HERA1D 33 has divided Claresholm into two emotional camps CLARESHOLM The fulure, like a noisy and relentless marcliing band, is eager to in- vade the protected confines of tiny, often drowsy Cliiresliolm. But many in this Southern town wish it would ar- rive more gently, The result is that Claresholm has become a town of emotion- al conflict. The verbal c 1 a s li centres on growth and how the community should handle it. Residents seem divided into two groups. Group one, comprising main- ly older and established fam- ilies, is not enthusiastic about thu possibility of boom status for the town. Members settled in Claresholm tecauso of its rural amenities peace and quiet. Group Iwo, mil: a young and anxious following, is quick to capitalize on any clue that might lead lo a bigger bei- ter Claresholm. Those pushing for growth are led by Ernie Patterson, who has a distinct advantage over most other residents since he is mayor of the Mayor Patterson's political image is marked with contro- versy. Since his election to of- lie has ruled over council with an unyielding fist. Several council members have resigned in angry frustration. has only one point of view his said a former member of town council. "He will browbeat any man who doesn't agree rath him." Despite such criticism, Mayor Patterson has exhibited a qual- ity of leadership most small towns would love to have. "When I was first elected lo council, Claresholm was a dy- ing he .caid. "The popu- lation was declining annually and the future looked hopeless." Claresholm had prospered un- til 1957 when the RCAF closed its North Atlantic Treaty Or- ganization training base in the town. By the year in which Mr. Patterson first ran u ma- yor, the town's population had shrunk to slightly more than half of what it had been a decade earlier. "Ir, 1561, lha decision had been made to dismantle the airport and sell off hangars for scrap said Mayor Pat- terson. "That's when 1 decided lo run for mayor. I saw a future for the airport and decided to fight for it." The town bought the airport and Mayor Patterson led a drive to attract new Industry. The airport industrial area now houses five industries employ- ing more than 500 people. The town's population is near- ing and with the comple- tion of several new housing pro- jects may hit within IB monlhs. Tlie rapid growth' however, was accompanied by financial woes. "We had n lot to do if we wanted (o make our lown com- Mayor Patterson said. "But we weren't able lo qual- ify for conventional government assistance, therefore had to bor- row heavily from the banks." i The result was near-crip- pling bank debt for which the mayor and his supporters were heavily criticized. i "But we've bounced back jand should be solvent within Ihe next year. After that every- i thing will be rosy." The mayor resents the reluctance town citizens to push for fur- ther growth. "If we are lo compete irith Ihe movement of rural peoplo to the cities, we must otfer some viable h? said. "To do this we must cre- ate an environment flush with jobs and opportunities for our youth. "If we don't, Claresholm will lose Ks young people and even- tually die." PUZZLED Incredulous pussycat watches the "Double Fiddler Hydraulic Happen- ing during an exhibition at Ihe Massachusetts Institute of Technology, Cam- "bridge. Mass. M.l.T.'s Dr. Harold Edgerlon built the contraption as a means of interest- ing students in stroboscopic phenomena. Variations in flash rate of the illuminating strobe light make drops of liquid teem !o flow upward. Few bright spots seen in Pakistani economy By HALPH JOSEPH CP Correspondent TEHRAN, Iran (CP) Having lost its jute trade in losing Bangladesh, Pakistan is pegging its export hopes to cotton and textiles, Ihe prospects are not altogether dim. Spurred by necessity, a vig- orous export drive has ena- bled the Pakistanis lo build up a foreign currency reserve of about million after find- ing themselves scraping the bottom of their coffers follow- ing last December's war. Devaluation of the rupee last May, under pressure from the World Bank, played a part in boosting the sale of Pakistani goods abroad. Tho state bank of Pakistan notes that the value of exports has picked up to about 41 per cent above normal. Before Bangladesh was cre- ated out of East Pakistan, West Pakistan to sell about 40 per cent of its manufactured goods there What has hap- pened, in effect, is that a good part of what used to tic sold for rupees now is being sold externally for hard curren- cies. In fact, the West Pakistanis had begun diverting their East Pakistan exports to the international as the beginning of 1971, be- cause of turmoil in tin.1 lious slate, GOOD NEWS SCAKCK But Ihe pickup in external trade is about (he nuly bright spot in an otherwise cheerless economic picture. Several reports including lhal from (he slate bank ?lw.v stagnation hi economic growth during Ihn two INSURANCE LIABILITY BONDS AUTO FIRE ROSSITER AGENCIES ITD. ESTABLISHED 1911 lower Floor 317 4lli Avo, S. Phono 327-1541 years. There are no indica- tions that things are going to be much better for (he cur- rent 1972-73 year. A seemingly unending se- ries of industrial strikes is hindering a return to normal production. Unemployment Is reported at 33 per cent of the 4.2 mil- lion labor force. Inflation is rampant, inten- sified because of the war and currency devaluation, and in turn higher prices are causing those who do have jobs to press for higher wages. Under those gloomy condi- tions- investment has gone Into a steep decline. It certainly was not encour- aged by new President Zulfi- kar AH Bhutto's takeover of 10 basic industries after the war, though Bhutto has been iiying to regain investor con- fidence by denying that the Pakistan People's Party has Marxist leanings or that it did any more than take over man- agement rather than owner- ship. BUSINESS WARY The government also has been at pains lo point out thnt it still follows the mixed econ- omy system tough measures against the country's wealthiest families will be some time before the private sector begins lo trust him again. As if these problems were net enough, Bhullo also hsa inherited a foreign debt ot 54 billion from the previous Iwo jr.ililary regimes, and .T debl- servicing linbilhy of mil- lion a year. The Western countries have given him breathing space by postponing debt charges for a few years. China has written off a million debt. Hu( sources of additional financial assistance from the outside have dried up. A.v of I lit- source nt curmiry earnings M'i'ins lo lie trade, which in million kist year. Since hard currencies are needed for development projects, the country been forced to freeze luxury Im- ports including such items ns radios and tape Pakistan therefore Ls cur- I rently a bad market for for- I eign sellers and may remain j so for some time. I To add to the problems, the government is being forced to import million worth of wheat this year, to meet a shortage caused by two con- secutive droughts and 5 se- vere winter which delayed sowing in the third year. Long-term planning lias been suspended and Pakistan currently is working on a one-year plan aimed at reviv- ing the economy. When long-term planning is resumed, there is likely to bo a radical change in the strat- egy of the planners. While the mixed-economy system may remain, there should be a shift from capi- tal-intensive development pro- jects' which require larga doses of hard-currency loans from abroad, to labor-inten- sive schemes. Like Cliina, Pakistan has plenty of labor but a scarcity of capital. In some areas at least, the Pakistanis may turn lo the Chinese pattern in fu- ture. RESERVE EARLY Domain Lake Louise CLOSEST TO CANADA S FINESt SKI SLOPES Am B5 Lnhc I ouilo Albn nr 11031 Strengthens j Ontario's trade voice OTTAWA (CP) Alaslalr Gillespie, who once quit a direc- torship of a company lo protest its sale to U.S. interests, is ex- pected lo strengthen the Ontario businessman's voice in policy- making as the new minister of industry, Irade and commerce. The elevation of the former science minister marks the only major change in the cabinet team that has most lo say about domestic economic policy and Irade relations with Ihe United Slales and the world. Mr. Gillespie. BO, will have re- sponsibility far drafting a prom- ised industrial slrntegy, re-m- troducing legislation lo control foreign investment and leading the Canadian side in the long- slalled trade lalks with the United States. Those, were tasks of his predecessor, Jean-Luc repiii' dcfealcd in the Oct. 30 election. In September, 1970, Mr. Gil- Icspie revealed his own feelings about foreign ownership when he resigned as a director of lextbook publisher W. J. Gage f.lrt. of Toronto to protest its sale lo the Illinois [Inn of Scolt I''orc.smaii and Co. ACTl'SKI) fiOVEIIN'.MKNT Then HP for F.tobicoke nnd parliamentary secretary to Treasury Hoard Secret 317 C. M. llrnry, he accused the gov- ernment of ndopling a "strange- ly insensitive" nflilude toward U.S. conlrol of Ihe tcxlbook in- du.slry. After he wns named in 1370 ns minister of srioncc nnd tech- nology, Mr. Glllospic stressed Iho need for more innovation by j Cnnadian business. SIMPSONS oears Come see how little it costs to have the brightest wash ever! 2-speed, 7-program Kenmore washer Kenmore 'Soft-heat Fabric Master dryer WHITE 199 WHITE One, easy-lo-operate dial automatically selects the correct time, speed and temperature for every kind of fabric 7 automatic programs include a pre-wash, 2 normal and 2 perm-press 1 delicate end 1 spin-only program for sheers. Optional second rinse. Variable water level control. Rinse agent dispenser Roto-swirl agitator. Self-clean filter Lid safety switch. Porcelain top With Suds Saver j2fl more Exclusive 'Soft-heat' diminishes as clothes dry to prevent over-drying Automatically shuts off after reaching degree of dryness you every kind of fabric. Special cool-down for perm-press. Interior light and air-" freshener lamp. No-heat 'air1 fluffs blankets. Top-mounted lint screen Push-to-start button. Door safety switch Match-mate for 7-program Kenmore washer In decorator colours JIQ more Simpsons-Sears has everything for Christmas Lowest price automatic Kenmore washer 5259 white Automatic program 3-vane agitator. Porcelain basket 2 temperature combinations Positive fill regardless of water pressure. Pump guard. Lid safety switch. Washing instructions printed inside lid. Porcelain top Lowest price automatic Kenmore dryer SI69 White Up to 3 hours drying time with special perm-press cool-down High air-speed for fast drying No-heat 'air1 fJuffs towels Top-mounted lint screen. Door safety switch. Porcelain top Match-mate for Kenmore washer Appliance Dept. Charge it on your all-purpose We service what we sell, coast-to-coast'Satisfaction or money refunded at Simpsons-Soars you got the finest guarantee ntlilnctlon or money refunded and free delivery our siorc-lo-door scrvlw begins with Ihe site- protects you every inch ot tfw way Quality Costs No More at Simpsons-Sears STORE HOURS; Open Dolly 9 a.m. la p.m. Thunday nnd Friday 9 a.m. la 9 p.m. Village. Telephone 328-9231 ;