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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 14, 1971, Lethbridge, Alberta 2 THE IETHBRIDOE HERALD Thursday, October 14, W-------------------------------------- Commons begins study of changes in tax bill llv TVnNETt i consideration of the bill in com- OTT.AWA iCP> Co-opera- millcc of the whole House. and in- vestment funds stand to benefit of the which will be officially intro- Most in-in ti.- imdcr 95 amendmenls to the duced as consideration of the c" "rnmcnfs tax-change bill! bill continues-are technical, proposed by Finance Minister But in two areas they repre- E J. Benson Wednesday- sentcd concessions He tabled tile proposed Cooperatives and credit un- in the Commons ions generally would he able to began clause-by-clause return more patronage dm- Municipal election results in cities By THE CANADIAN PRESS incumbent) Camrose Mayor: Rudy Swanson, ac- clamation Council: Elected Gerry Dor 1.267; X Bob Hurlburt I -'91 Harry Kuntz X- Marvin Leb'erge 954; X-George Lemay X-Phil Link 804; X Emmett Mohler 948; X- Mona Sparling Defeated William Fowler 861; Robert Lawson 692; Paul Prefontauie Calgary Mavor: X Rod Sykes Frank Johns Alfred Harris R. E. Pettlt Bruce Cummer 384. Council: Ward 1 elected J'eter Petrasult X Eric Musgreave Ward 2 tfbn Ilartman Bob Simpson Ward 3 elected: X-John Ayer X-Adrisn Berry Ward 4 elected Ed Oman Barbara Scott Ward 5 elected Kushner; Ted Takacs Woman elected to Calgary's city council CALGARY (CP) For the first time to 11 years, Calgary has a woman on city council. Barbara Scott, in her first political venture, was elect- ed in the southwest section fol- lowing municipal elections Weo'nesday night. "I ran as a person. I don't feel that just because I'm on council the Women of Calgary now have a voice. It's the Ward 4 people who have a voice." Mary Dover was the last woman alderman and she served two terms, from 1949 to J952, and from 1956 to 1960. Miss Scott said she ran part- ly out of concern for the future of Calgary and because she wants more effective liaison between the city and communi tics. Ward 6 elected Ross Alger X-Tom Priddle Edmonton Mayor: X-Ivor Dent Julian Kinisky Jack Holmes Council: Ward 1 elected Dudley Menzies X-Ken Newman X-B.C. Tanner 10.960. Ward 2 elected Alex Fal- low X-Cec Purves X-Dave Ward Ward 3 elected Ron Hayter X-Ed Leger Bill Mclean Ward 4 elected Terry Ca- vanagh X-Una Evans 572; L. 0. Olson 7550. Red Deer Mayor: X R. E, Barrett Roy McGregor 1.192. Council: Elected-R. L. Dale Jack Donald 3.285; X- Hcrbert Fielding 3.285: Doris Jewell X-Jack Kocotaillo 3534; Dennis Moffat A. E. Parkinson Ethel Taylor Medicine Hat Mayor: X Harry Veiner Chuck Meagher 4.481. Council: Bel- shcr X George David- son X Ted Grim Lucille Moyer X Milt Reinhardt X Pete Simp- son Tom Sissons Harry Yuill Wetaskiwin Mayor: Jack Pike 971; X- Lavert Johnson 638. Council; Elected Ellison Barnhill 764; Herbert Bricker 1.243; X William McMurdo G72; Len Roberts 992; X-Robert Strong 979; Roger Void 759. Grande Prairie Mayor: Elmer Borstad, ac- clamation Council: Elected X Bill Adam X Oscar Blais Hugh Impey X- Jim May Jim Rix Bob Sharp X Flora Simmons X Don Wood Defeated Lou Albinati 633; Ed Haberman 733; Vern Well- man 965; Al Wigelsworth 801. Drumlieller Mayor: E. A. Toshach (ac- clamation) Council: Dick Coe, Ellwyn Grobe 845, Max Grant 823, Dave Ewing 814, Ossie I Sheddy 774. THANK YOU! DOUG CARD To the voters who cast their ballots on my behalf and to the Individuals and businessmen that contributed to the Civic Government Association fund. THANK YOU DOUG CARD clends and interest rebates to their members, although still not as much as now. In addition, their tougher tax regime would be introduced over 10 years instead of all at once. The tax bill, which received second reading in the Commons Tuesday, would widely change the country's (ax structure. Among changes are increased basic exemptions for all taxpay- ers, decreased corporation taxes, introduction of a capital gains tax and abolition of fed- eral estate taxes. Treatment of co-ops and credit unions was a major issue during second-reading debate on the bill, and Mr. Benson said his proposed alterations ac- knowledged this. CAN'T EARN DEDUCTIONS Co-ops and credit unions now cannot earn tax deductions by giving out patronage dividends or interest rebates once they re- duce their taxable income to less than three per cent of member capital. For example, if a co-op were using in member funds to operate and made .profits of for tlie year, it could de- clare in dividends to its members. That would represent t h e three per cent of members the govern- ment now insists on taxing. Under the bill introduced last June ill, dividends would be fur- ther limited by requiring that five per cent of member funds used be the minimum tax base. Thus, only profit minus be returned to members as divi- dends. GIVES ALTERNATIVE Under an amendment pro- posed Wednesday by Mr. Ben- son, co-ops could either use the five-per-cent regulation in the bill or a new dends could not reduce taxable income below one-third of profits after interest rebates. Thus, could be re- turned as patronage dividends in the above thirds of profits, leaving one- third taxable- Credit unions returning inter- est rebates to members would have the same options. Investment funds with more than 10 per cent of their money invested outside Canada would be given years to reduce that outside investment for tax- ation purposes. Money now in pension plans, retirement plans, savings-plan trusts and deferred profit-shar- ing plan trusts get a tax defer- ment because it is not taxed until benefit return to individ- ual investors. LOSE DEFERMENT Under the tax bill, they would lose that deferment if more than 10 per cent were invested outside Canada, either directly or indirectly through mutual funds or trust company pools. The proposed amendments would give those intermediary mutual funds or trusts until 1974 to bring their investment ratio up to 90 per cent Canadian. But another a me ndment would make investment corpo- rations subject to the same for- eign-content regulations as mu- tual funds and trusts. Commons opposition Wednes- day was in the same generali- ties that marked the 12 days of second-reading debate on the bill. The one exception was John Burton who commended Mr. Benson for making concessions to the co- and credit unions. THE MOST COMPLETE COUECTION OF COLONIAL FURNITURE IN CANADAI CONVENIENT TERMS Solid Eastern Hard Maple Construction if Every piece finished in exclusive Rox-Hldn (highly resistant to heat, spilled bever- ages, scratching and normal it Only the finest quality fabrics are used throughout the entire collection. if All designs are open flack ollowinq you to purchase additional matching pieces anytime. New technique developed to pass diseased arteries SASKATOON (CP) Dr. Ar- thur Vineberg, Montreal heart surgeon, says his new procedure "or bypassing diseased coronary arteries may be applicable to arteries elsewhere in the body. In a p r e 1 i in i n a r y report Wednesday to the Canadian Cardiovascular Society, he told in detail of his newest proce- dure, ternred aorto-coronary omental strip bypass graft. The technique, involving grafts of abdominal tissue 326 5lh St. S. Phon. 327-8578 Naval construction program planned By KEVIN DOYLE LONDON (CP) Britain's decision to launch a substantial aval construction program and raise four new infantry battal- ons, coupled with a steadily- trcngthening trade surplus, Is giving renewed hope to embat- led officials striving to alle- iale the country's critical un- employment. The new program was an- lounced Wednesday by Lord "Harrington, British defence min- ON THE OUTSIDE LOOKIN' IN Most teachers have o hard time keeping their pupils from looking out the windows during school hours, but these young pupils from the Spruce Grove elementary school are on the outside looking in and wondering how long it will be before they are back in classes. More than 850 teachers In eight school districts Including this one, north and west of Edmonton, went on strike last week to back contract demands. More than students ore getting an extra holiday-and wonder- ing how they'll make up the called the greater omentum, has been used as supplement to other procedures Dr. Vineberg has developed in more than 20 years of pioneering. Dr. Vineberg said the new procedure is unproven except for the heart, but otter possible applications are in bypassing multiple obslructipe lesions in arteries of the lower legs, major arteries of the neck and perhaps even arteries on the surface of the brain. Seek adjournment in Bollard trial TORONTO (CP) The pros- ecution plans to seek an ad- journment in the trial of Harold Ballard, 65, vice-president of Maple Leaf Gardens, on income tax charges following the death Wednesday of Gardens presi- dent C. Stafford Smythe. Smythe, 50, was co-defendent With Ballard last June 18 when they were charged jointly with theft of in cash and se- curities from Maple Leaf Gar- dens between 1964 and 1S69. Smythe also was charged with defrauding the Gardens of in the same period. Both men were free on bail. Joseph Sedgwick, federally- appointed special prosecutor in the case, said today he will seek a postponement in the Ballard case because the prosecution had intended to proceed first against Smythe. He said 73 wit- nesses were ready to testify in the York County trial scheduled to start Oct. 25. Soviet Union launches 8 satellite MOSCOW Soviet Union has launched a cluster of eight satellites into an earth oibit aboard a single carrier rocket, Tass news agency re- ported today. The launching, carried out Wednesday, appeared to be a duplication of an earlier eight- craft experiment five months ago. The purpose of the mission was described only as "contin- uation of (he exploration of outer space." The experiment is part of the top-secret Cosmos program which has military as well as civilian spaco objectives. Tlie current sputniks are num- bered Cesmos 444 lo Tlie eight-craft launching was the third in UK Cosmos pro- gram, which began nearly a decade ago. The first such mis- sion was in April, 1970. Ballard's trial date had also been set for Oct. 25. The charges involved expen- ses for their families, construc- tion of their homes and funds connected with the Toronto Marlboro junior hockey club. The prosecution elected to try both men by indictment, which carries a two-month minimum jail sentence for conviction and up to five years. J. J. Robinette, defence counsel, appealed the indictment through to the Su- preme Court of Canada which ruled the prosecution had pro ceeded correctly. A summary trial conviction could have been dispensed with by fining the two men. Licensing decision overruled EDMONTON (CP) The Supreme Court of Canada has overruled a decision of the ap- pellate division of the Alberta Supreme Court and ruled that the province's highway traffic board can require different li- cencing conditions from inter- provincial trucking companies than from local operators. The ruling, handed down ear- lier this month, restores the conviction against George Smith Trucking Co. of Winni- peg, which was fined in a test case in 1970. The com- pany was charged with carry ing goods not listed on the au- thority certificate issued by the board. The question revolves on a clause in the Federal Motor Vehicle Transport Act, which allows the provincial board to regulate inter-provincial truck- ing "upon the like terms and conditions and in the like man- ner" to a local operations. The supreme court ruling said the Alberta Highway Traffic Board has the power to impose on inter-provincial op- erators terms and conditions that it. has the power to im- pose on local operations wheth- er it actually imposes these or not. He reported he has already operated on a few patients whose heart condition was such that only the omentum could be used, and gave minute detail of the operation on one patient. Ruled out for this patient were such procedures as the in- ternal mammary artery im- the chest artery within the heart itself to supply needed the epicar- of the outer layer of the heart to increase blood circulation to the left ven- tricle, the heart's main pumping chamber. The omentum is an apron-like tissue that normally does a trouble-shooting job within the abdomen by sealing off areas ol infection. It is attached to its own blood supply. When detached it loses this supply but promptly seeks its own arterial blood. It can tap any artery with which its sur- face comes in contact. Its ability to set up communi- cation channels formed the basis for its use as a supple- ment to implantation of the lef internal mammary artery. This combination has been used by Dr. Vineberg in treatment of 241 cases of coronary artery ease. There have been many cases said the report, where extensiv< scarring in the ventricle wal has made it unwise fo use the omental graft, and so implatita tion alone is used. In other cases, because of dif fuse intermittent scarring, only the omentum can be used be- cause there is no area in the lefl ventricle suitable to implant. The patient whose operation is described was in almost con stant pain, especially during slight exertion in the morning He was unable to walk rapidly or climb one flight of stairs. He had pain on slight emotion. Hi was also a diabetic. He was discharged from hos pital in March, 1969, a month after admittance. Hunting bylaw draws protest EDMONTON (CP) The Al berta Fish and Game Associa tion has objected to a proposec bylaw that would stop almos all hunting in the County o Parkland west of Edmonton. The bylaw, to be considerec by county council Oct. 26 would prohibit the discharge o firearms throughout the county from roads, road allowance, and on private properly with out the written consent o the owner. Paul Morck of the Fish am Game Association said success ful passage of the bylaw couk lead to a trend throughout the province which would almos totally eliminate hunting. A spokesman for the provin cial government's fish ant wildlife branch said countie are entitled to pass such legi slation, although the branch i keeping a close watch on thi situation. For your Dining enjoyment at Heath given mandate BRIGHTON, England (AP) Prune Minister Heath won the support of hU Conservative party today for the economic strategy at home that could ease Britain's path lo the Euro- pean Common Market. The party's annual convention gave Heath nn overwhelming nandate Wednesday to take Britain into Europe. It approved :oday the government's hand- ling of key domestic issues that could still stand in the flation and unemployment. With only two of the del- egates recorded as dissenting, the convention endorsed the government's package of tax cuts and investment incentives aimed at steadying prices, re- ducing living costs and creating jobs. Injuries fatal EDMONTON