Internet Payments

Secure & Reliable

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

Lethbridge Herald Newspaper Archives

- Page 19

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: 54

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) - October 6, 1971, Lethbridge, Alberta Wednesday, Otlober 6, 1971 THE LEIHBRIDGt HERALD 19 Recommendations may bring end to rapeseed controversy Otto Lang, minister region- sible for the Canadian wheat board, now has recommenda- tions for new ways to sell rape- seed, which may lead to a sat- isfactory settlement in the months-long dispute. In April 1970 he appointed a committee to investigate rape- seed marketing in this country and the report has just been released. The dispute arose when the government suggested the marketing of rapeseed, flax and rye should be controlled by the wheat board. Strong protest was presented by farmers and rapeseed pro- cessors, including Western Canadian Seed Processors Ltd., condemning t h e suggestion. These parlies contended the free method of sup- ply and demand on a world market was the only method to successfully market rapesoed. In part, the committee re- port states; "The establishment of an agency is an alternative to the known systems of agricultural marketing in Canada. This al- ternative does not imply the rejection of all aspects of the present marketing system. must be pointed out that the present marketing system and the Canadian wheat board contradict. Compromises be- tween the two arc either transi- tional or arc artifically main- tained for special purposes. "The establishment of an agency will provide rapeseed producers with the means to offset the market power presently face." they The committee report states a marketing agency will make m a r k e ting "straightforward, understandable and well de- fined." It makes a claim for lower costs pel' bushel handled, com- pared with the cost now on the open market. That statement implies something has been wrong wilh the marketing sys- tem now in use. The report goes on to state: "Present complaints by pro- ducers, consumers, merchan- diser and foreign buyers con-j change." cerning the market's consistent I Price would be established, malfunctioning, particularly re- garding inverted future prices and street prices and delivery points would become inappro- priate because an agency would take over the major re- sponsibility for pricing, thus supplementing price discovery on the Winnipeg grain ex- HOW TO LAND THE JOB YOU WANT V of L financial difficulties from changes in enrolment according to the committee, by an agency which would act as trustee for all producers and could apply collective bargain- ing. The agency would set up supply management to regulate the flow of rapeseed to mar- kets so that oversupply and subsequent dumping could be eliminated. The agency would have the power to apply product and price differentiation. Present grain trading firms would not be owners of rape- seed so they would not be in- volved in any price risk. In fi- nal analysis, the risk would he borne by producers through their agency. Rapcsecd producers of course, would elect a board of directors who in turn would hire a management team to run the agency. The present grain trade would act as ad- visers and agents of the agen- cy. According to the committee, if the agency decided to main- tain a futures market as a ba- sis for marketing and pricing, some sort of levy would suf- fice for financing. However, if producers de- cided they wanted an agency .to operate as a marketing board, then expenditures for the board would be deducted from revenues, in much the j same way as is now done by the wheat board. j Such an agency, if it came about, sounds quite similar to the Canadian wheat board. According to the report, such an agency would be producer- controlled, producer-operated wilh little or no dependence on government, all of which would provide the agency with much more marketing flexibility. iMorc cily news By RUDY IIAUOENEUKIl Staff Writer dent enrolment patterns may have serious financial implica- tions for Lcthbridgc's fledgling university. Registrations for (tie fall sem- ester at the U of L were 231 faces sharp staff and course cutbacks. The University has asked the university over the next couple of years of strange enrolment irns by not sticking to the patte form cnancc to cope with the num- bcr of on staff over a students short of the projected i ycar perioci instead of students budgeted for by j abruptly t0 respond to both the university administra- enrolmcnt figures on an annual lion and the Alberta universi- ties commission. The shortage has resulted in less operating capital than expected from student course and registration fees. Alberta's other, larger imi- said Dr. Bill Beckel, president elect at the U of L. He said the financial impli- cation of the shortage ot stu- dents is "frightening." If the commission sticks to the rigid annual formula, il The hardest job in the world is looking for a job. But there are some do's and Is that raalce -job hunting easier. The October vides the university with an op- issue of The Reader's Digest I erating grant based on the pro- looks at the problem of job jectjon lincittois'ontriS i Muded in the over all uni- .versity budget are registration ssd iass frsra tha anU- j cipated enrolment figure. versities have also experienced j could mean budget loss of up enrolment problems. to to the university. The university operating bud- get is based on a formula which includes an annual student en- rolment prediction by the uni- versity administration. This is forwarded to Ihe universities commission which, in turn, pro- TOUT resume, how to answer job eds, yourself for anterview, and bow to keep your spirit up while- you job limit. poinl plan in the October issue of The Header's Digest. "That type of a blow to a young university as this could be disastrous." Dr. Beckel said. "The commission has heard our proposals and they are pre- sumably seriously concerned about next year's problems. "There is always the spectre of academic staff cuts that hangs over our he said, adding if the formula is not changed the minimum staff cut back calculated by simple arith- metic is from 15 to a maximum Unless the universities com-! of fewer staff members mission changes the formula ba-! "It's horrible to contemplate sis for a one year period to a but it could happen." three year period, the U of L Minor staff cutbacks will BE SURE TO ATTEND THIS YEAR'S EXCITING INTERNATIONAL INDIAN Friday p.m. 9 Saturday p.m. Sunday p.m. OCTOBER 8th-9th-10th! EXHiBITEON PAVILION LETHBRIDGE Sponsored by Indian Rodeo Cowboys Assoc. and McGowan Rodeo Company '6000 IN PRIZE MONEY! 5 MAJOR EVENTS! Cabaret Friday and Saturday, 10 p.m to a.m. Dcincc to gicnt country and western music Elizabeth Erasmus, Indian Princess of Alberta in at- tendance. Plus Blooil Reserve's Dance Group, ctll under 6 years old. SPECIAL ATTRACTIONS See Wild Buffalo Ridden by Indian Cowboy; Joe Saddleback and liis World-Fomous Indian Dance Group ADMISSION Adults 2.00 Students 1.QQ Children 5Qg 6-12 years have to result from this year's budget deficit. These will occur mainly in non academic areas such as support staff in the ad. ministration and library. .7. D. Ovialt, the U of L reg- istrar said unless the universi- ties commission changed its for- mula basis another loss such as the one incurred this year could put the university out of busi- ness. He hastily added that he was sure the new provincial government with its dual edu- cation portfolios the depart- ment of education and the de- partment of higher wolud not permit this to hap- pen. With less operating budget money there have to be less professors and courses, which would lead to a decrease in pro- grams, Mr. Oviatt said. "This starts a vicious down- ward spiral.1' He warned that the change in enrolment pattern tnis year was "significant" adding that the university couldn't recover quickly from the over all effect of the change. "There's no question about i it. Our over all enrolment pro-1 jection for next year mil have j to be reduced he said. However he predicted an in- crease in the number of stu-; dents registering for the 1972- j 73 fall j While it has oecome a prob- j lem year for the university ad- ministration "this is a vintage year for students at (he U of Dr. Beckel said. The student staff ratio is the best it has ever been with less students per teacher, Uiereby offering a unique opportunity for students to learn more. Lawn bowlers elect executive The Civic Lawn Bowling Club of Lethbridgc has concluded I the 1971 season with the pre- j sentation of trophies. j Winners of the Stannard Tro- phy were Fred Beard, George Osecki and Tom Archbold. i Elsie Martin, Harry Chap- man and Fred Beard took the j Sicks' Lethbridge Brewery Tro- j phy. Runners-up were Bill Whiteford, Rose Nounweillcr and Alf Grottolo. Doubles winners were Ben Evenson and Elsie Martin; the singles crown went to Ben Evenson. j Saskatchewan leads grains Saskatchewan continues lo lead Canada in the production of Spring wheat, barley and rapeseed, growing 50 per cent of the expected 1.24 billion bushels of the three field crops. On a crop basis. Saskatche- wan grows :t31 million bushels of Spring wheat compared to 90 million bushels in Alberta and million bushels in Manitoba. The production of barley is close between Saskatchewan and Alberta with 273 million and 2-15 million bushels grown respectively. Manitoba grows only million bushels. Saskatchewan also leads in rapeseed production with million bushels compared with million in Alberla and 111 mil- lion in Manitoba. Vnllc.c .s C'ily polk'p are searching for a stolen car. The car lust, seon by il.s owner Charles Olson of Dili S. when ho parked it in front of his residence shortly after 10 p.m. Tuesday. The missing car is described as a -l-door, cream-colored Xephvr. The licence number is NA-liiM. t'ity police am one having information about Ihe car conlacL thorn by phoning BUY CANADA SAVINGS BONDS If you're looking beyond today, plan ahead with Canada Savings Bonds. They're the go-ahead way to save for the future -without worry. Easy to Buy: You can buy them three different ways; for cash where you work, bank or invest: on instalments through the Payroll Savings Plan where you work; or on instalments through the Monthly Savings Plan where you bank or invest. Simple to Cash: Canada Savings Bonds are cold, hard cash-instantly. They can be redeemed anytime at their full face value plus earned interest. Good to Keep: Canada Savings Bonds are safe. They're backed by all the resources of Canada and they pay good interest- year after year. 7.19 New Canada Savings Bonds yield an average of 7.19% a year when held to maturity. They're available in amounts from S50 up to a limit of Each S100 Bond begins with S5.75 interest for the .first year, pays S6.75 interest for the second year, pays interest for each of the next five years, and then pays S7.75 interest for each of the last two years. On top of this you can earn interest on your interest and make each grow to in just 9 years Canada Savings Bonds are good today, better tomorrow. They're Canada's most popular personal investment. Look ahead! Go ahead! Buy Canada Savings Bonds. average annual interest to maturity GET MORE GOING FOR YOU! ;