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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 24, 1973, Lethbridge, Alberta Bought by Japanese firm Wednesday, October 24, 1973 LETHBRIOGE HERALD-19 Rousseau painting brings million New York Times Service TOKYO A modern painting by Henry Rousseau Record fish Ron Greene (left) helps his uncle, Don McLellan of Toronto, show off the record rainbow trout Mr. McLellan caught in the Nottawasaga River. Trout weighs 20 pounds, 3 ounces, nine ounces more that the previous Ontario record. which the Metropolitan Art Museum in New York sold secretly IB months ago has turned up here in Japanese hands for a price of about million. The masterpiece, known as "Tropic Zone" or "Monkey In The was bought in December, 1972, by Mistui and Company, a 300-year-old trading company that is at the heart of an immense Japanese zaibatsu, or conglomerate. The Mitsui Company at the same time bought Claude Monet's painting entitled "Lady" from the Monet fami- ly for more than ac- cording to a company spokesman The pictures will shortly be displayed at the National Museum of Western Art and eventually in a new Mitsui Art Museum Asked why Mitsui had kept the purchase a secret for so long, a spokesman for the company said, "we did not think it necessary for us to make the matter public He said the company was looking for something good for the projected museum and had considered displaying the paintings in the company of- fices before offering them temporarily to the govern- ment museum Many Japanese companies and individuals have in recent years bought western pain- tings at extremely high prices for investment purposes but not for display Many are hidden away so that the tax of- fice cannot assess taxes on them The Rousseau painting was sold by the Metropolitan around March, 1972, without public announcement But when the sale was discovered six months later there was a stir Thomas Hoving, the director of the museum, justi- fied the sale, however, on grounds that the proceeds would be used to improve the balance of the museum's collection The Mitsui spokesman said that the Marlborough dealers in London had bought the Rousseau Marlborough in turn sold the painting to the Nichido Gallery here, which was acting for the Mitsui Company WALKS OFF JOB NOTTINGHAM. England tCPl Police hunted thieves who broke into a vehicle fac- tory here and stole the Alsa- tian guard dog Meat Pies Manor House Frozen Beef. Chicken Turkey. 8 oz. Net Wt. Pkg. Special Ice Cream Snow Slir Vmilli. ChocoMe, Nnfolltin. Strivrtwry Special GAL. CTN. Tomato Juice Town House Canada Fancy 48 fl. oz. tin EVERY DAY AT SAFEWAY! SAFEWAY RAIN CHECKS INSURE SPECIALS! t li.i In ili in mil ill -nppK nl i -IK i i.il II tln1- ll.lppl'll- Hl-l ,1-k Hill I 111 I klllll (lllk lor ,1 1.1111 i hi i k DM i -old 11 11 iln IK II in 111 mi I lir ih in- .il I In -ill pi K c .is -nun ,1- nru -upplii i umr in I Polly Ann Broad White or Brown Sliced Fresh 20 oz. net wt. loaf F O R Safeway Superb Meats Regular Quality Make a delicious meal loaf..... Ib. Sweet Biscuits Davids T Mix 16 oz. Net wt. pkg. Each 55 Whole Frying Chicken Manor House Canada Grade A Frozen ib. Tomato Ketchup r Mushrooms Pork Chops Fresh Government Inspected Serve with apple sauce, Family pak ............Ib. Asst'd Biscuits Brisket Point Leg'O Cadburys4kinds pkg___ V r VIII with apple uuce.lb............. I I IOII T'Bone or Club Bologna R W0 Sliced Bacon ;