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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 13, 1970, Lethbridge, Alberta TuMd.y, OcMbtr 11, THI IITHIMDOI HEMLD Canadian Trade Experts Fidget Over U.S. Bill WASHINGTON CP) Cana- dian trade experts are watching with keen interest the progress through Congress of a sweeping U.S. trade bill that includes a number of provisions opposed by Ottawa. At present, however, the bet- ting is that the major overhaul of trade legislation in eight be sidelined if not trampled to death by the Ferry Captain Suspended VANCOUVER (CP) The captain of a British Columbia ferry has been suspended from duty as a consequence of a de- partment of transport recom- mendation to that effect, a fed- eral ship collision inquiry was told here. Tim Cameron, counsel for Capt. James Pollock of the ferry Queen of Victoria announced to the final session of ths inquiry that his client was suspended following a DOT recommenda- tion Thursday. Norman Mullins, acting for the department in the inquiry into the Aug. 2 fatal collision between the ferry and the So- viet freighter Sergey Vesenin had told the inquiry that Capt. Pollock's certificate of compet- ency should be suspended' for from nine to 12 months. Mr. Cameron said the rec- ommendations by Mullins had forced the suspension. He criti- cized the procedure of recom- mending punishment before guilt had been determined. Monty Aldous, general mana- ger of the provincially owned ferry authority, said following the hearing that a serious charge had been laid by Mul- lins "and we have no alterna- tive but to take the course ol action described by Mr. Camer- on." "We are a public service with obligations to the public." rush toward a mid-October ad-1 lournment. If so, the new Congvess can x expected to take up the mat- ter again soon in the new year. From the Canadian view, one of the worst aspects of the legis- lation drafted by the powerful House ways and means commit- tee under chairman Wilbur Mills (Dem. Ark.) is that it would tie President Nixon's bands on oil import policy. The move would not only per- petuate the now is held to barrels a remove from .the pres- ident the option he previously enjoyed to substitute a less onerous system of tariffs if the need warrants. REJECTED TARIFF A cabinet-level committee had advised him last February to go to the tariff system, but in Air. gust he rejected this recommen- dation. Critics charge that quo- tas on cheaper foreign oil cost U.S. consumers more than million annually. Aside from Canadian opposi- tion to the generally protection- ist tone of the bUl, Ottawa is particularly concerned also over the proposed creation of DISC Sales Corporations. The DISC arrangement would provide special tax concessions aimed at encouraging the loca- tion of plants and employment in the U.S. rather than abroad. In practice, a company would be entitled to a deferral of tax on income so long as it re- mained a qualified is, with more than 95-per-cent of its gross receipts coming from qualified export sales and re- lated activities. Distributions when made to the shareholders of such a firm would be taxed on normal income. Ho one has attempted in pub- lic to estimate the potential harmful effect on Canada. But trade officials have made clear to U.S. officials their distaste for the scheme. In addition to quotas on shoes and textiles, tile legislation would give Nixon authority he neither sought nor wants in the form of limiting imports on all other goods under certain condi- tions. As for the 1985 U.S.-Canada auto agreement, the committee said it expects that "urgent at- tention will be given to the at- tainment of the agreement's objectives." What they mean is that condl tions built into the pact to tilt it in Canada's favor during the transitional period should now be eliminated. The Canadians don't agree but the committee says if this is not done, "consideration should be given to the president's exer- cising his authority to terminate the agreement." The' absence of forthright guidance from the White House Nixon favors some provisions, opposes others- strengthened the hand of those who preferred not to take a stand on such a potentially hot issue before the elections. T. Eaton Co. Offers Advice On Money TORONTO (CP) T. Eaton Op. Ltd. announced here it is entering the personal financial services business. Through a subsidiary, T. Eaton Life Assurance Co., the company will open financial- counselling centres in 10 To- ronto stores early next year. Initially, the centres will offer a personal income tax advisory service. By about the middle of the year they will begin to offer other services such as life insur- ance, mutual funds, auto, fire and casualty insurance. "We are planning to develop a one-stop selling Ar- thur Weaver, president of T. Eaton Life, said in an interview. STILL SCOWLING He's got the same scowl that he bad when he played "Ben and again there's the M.D. after his name, but otherwise it's a new deal for Vince Edwards, above. He's back on the ABC television network In a nc'w series "Matt in which he plays a community psychiatrist with far greater opportunity for variety in the scripts. New Heart Technique Endorsed TORONTO (CP) A rela- ively new technique of replac- ing damaged human heart valves with fibrous leg tissue was endorsed as a "pr o m i s- ng" step by several surgeons and pathologists who met in a closed session here. Dr, Wilfred G. Bigelcw of To- ronto General Hospital said the technique involves the use of fascia lata-fibrous tissue cov- ering the thigh re- placing or repairing damaged heart valves. Dr. Bigelow said in a state- ment the technique is less ex- pensive than the use of plastic heart valves and there is no likelihood of rejectifi because the tissue comes from the pa- tient. He said Dr. Alan S. Trimble rf Toronto General Hospital has performed heart valves opura- ticns using fascia lata on 50 pa- tients with "excellent immedi- ate results." No Challenge To Egg Law TORONTO CCP) Ontario has no plans to challenge a Quebec law that restricts im- ports of eggs into that province, says Ontario Agriculture Minis- William Stewart. Manitoba is asking the Su- preme Court of Canada to inval- idate the Quebec law, but Mr Stewart, said the law has the support of the Ontario Egg and Fowl Producers Marketing Board. "If the egg producers ir. On tario are happy about it, who are we (the Ontario govern- ment) to get excited about it." Think a bit about Alberta. Think a bit about'Blue'. LARGEST SPIRO T. ACNEW WATCH The University of Utah elaimj it world's largest Spiro T. Agnew woteh. In honor of the U.S. vice recent visit, someone climbed down a wall at the University's Student Union Building and converted a four-foot square clock into a caricature of the vice-president. The figure it waving an American flag in it's left hand and giving a peace sign with the right. Student leaders on the campus said they had no idaawhodid it. BEAVER "We Pledge Satisfaction" CASH CARRY BUYS Colonial Collection EAVER (paneling Richly embossed, prefinished hard- board in your choice of Chesapeake Oak, Charlestown Hickory or liamsburg Walnut. Armstrong Floor Tiles .030 gauge vinyl asbestos tiles In Alt' Havana White or Honey Beige. f rr Cash and Carry. Per tile Armstrong Vinyl Flooring Aceotone "cushioned" flooring at a new low price. 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