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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 29, 1970, Lethbridge, Alberta Thursday, Octabtr THE LETHMIDOI HERA1D 0 Young Still Working On Labor OTTAWA (CP) Dr. John Voung, head of the prices and Incomes commission, still is working to get labor support for restraint program running Into 1971, government officials W. While the government has eiaed its own spending re- it believes that wage restraint in the private economy Is still an important factor'in heading the country back to- wtrd economic growth without excessive inflation. Dr. Young has met privately with labor and business leaders in recent weeks, and is reported to have run into not only stiff resistance from labor but also man skepticism than he ex- pected from business. He was engaged in such a conference somewhere outside Ottawa Tuesday, but his office has become so cagey about the ticklishness of the talks it would not disclose where he was. He was due back in Ottawa late today, bound for another such conference almost immediately. A finance ministry spokesman aaid it was too soon to say Whether his plan would succeed. WON SUPPORT Last spring, he got provincial tnd federal government support to set six per cent as ao infor- mal ceiling on wage increases for 1970, except in some special circumstances. Increases far in excess of this figure were ex- cused, as in the case of Toronto const ruction workers, on grounds that their labor-man- age m e n t negotiations had started before the guideline was set. The guideline on wages fol- lowed an earlier, agreement among 300 business leaders that they would hold price increases in to something clearly less than the cost increases they in- curred this year. Organized labor, as repre- sented by the Canadian Labor Congress, would not endorse the six-per-cent guideline, although some plumbers and steamfitters in Alberta- said they recognized the need for moderation. Now, Dr. Young is trying to formulate price and wage guide- lines for 1971. Business leaders here and in Toronto have indi- cated they are not willing to commit themselves firmly to a specific plan without assurance labor will go along. Meanwhile, Dr. Young ap- pears to have become harsher in denouncing what he regards as breaches in understanding the 1970 restraint program. STAND 'UNACCEPTABLE' He said in a statement Mon- day an argument used by the chartered banks against lower- ing their prime lending rates was unacceptable. And Tues- day, he scored the Professional Institute of the Public .Service for trying to justify salary in- creases of 11 to 13 per cent for government-employed e c o n o- mists "contrary to the best in- terests of Canadians The government has eased its DR. JOHN YOUNG Cool Reception WANTED SALES TECHNICIANS FOR INTERNATIONALLY KNOWN FIRM One man with basic irrigation knowledge. One man for specialized farm equipment. All fringe benefits and company vehicle supplied. Salary commensurate with qualifications and experience. All replies Jtridest. confidence with Written reply to all applicants. Please reply to THE LETHBRIOGE HERALD, BOX 27 Million Project Approved CALGARY coun- cil gave unanimous approval here to a million convention centre and totel which will be built as part of an urban re- newal project. The centre is expected to be completed in two or three years with a seating capacity for people; not including 400 rooms in the 23-storey ho- tel. A consortium of Marathon Realty Co: Ltd., Western Real- ty Projects Ltd. of Edmonton and Tankbos Yarmon Ltd. of Toronto were given approval to complete the project. City officials said once de- tailed agreements are signed, provincial and federal govern- ments are expected to release million each in urban re- newal funds. Calgary would pay the remainder. spending restraints by switching from a surplus to a small defi- cit. Where Finance Minister Edgar Benson budgetted last march for a million surplus in government operations this fiscal year, he now plans a defi- cit of case of spending slightly more than the government will take in. Louis Rasminsky, governor of the Bank of Canada, has said this small an.ount of pump- priming now may be appropri- ate to encourage some expan- sion. But he also warned that un- less wage increases are moder- ated, further efforts to revitalize the economy could mean that increasing labor costs would spark another round of exces- sive price inflation. Political sources indicate pressure is being exerted on the government to harden- its atti- tude and apply wage controls. A federal-provincial conference early this year gave the federal government ground for believ- ing that if it felt wage controls were really necessary, the prov inces would collaborate. Such collaboration is needed since, under normal peacetime conditions, the federal govern- ment hasn't the constitutional power to enforce wage and price controls alone. No decision is likely to be made by the cabinet on this question until Dr. Young ex- hausts his current talks witt labor and management to get some form of voluntary re- straint program adopted for at least the first half of 1971. Red Trade Soars MOSCOW (AP) Soviet trade with capitalist countries soared 60 per cent between 1965 and 1969, Foreign Trade Mlnis- Nikolai Patolicbev reported. Total turnover with1 capitalist countries in 1969 was mil- lion, .compared with the 1965 total of million, he said in a weekend interview. w M When you settle down to a cozy evening with your color TV. And a friend. Spare a thought for the people at Panasonic who invented Hands-Off color TV. With automatic fine tuning Press one button. Once. And get the strongest picture possible. Even if you switch channels. And the new push button automatic tint and color control. It's pre-set at the factory. So all you see are the results. PANASONIC just slightly ahead of our time. And don't forget our famous ultra bright Pana-Color picture tube. So bright you may have a chance to turn down the lights. And our cabinets are modern, simple and elegant. If you're planning some home entertainment. Visit any Panasonic dealer. And choose one of our Hands-Off color TV's. Any size you want. From 13" to Then invite a friend over to enjoy the results. Bert Mac's Radio-TV Ltd. Downtown on 7th SI. lethbridge, Alia. Ph. 327-3232, Radio TV Sales Service 302 13th St. N. Lethbridge, Alta. Phone: APPLIANCES 329 7th St. S. Lethbridge, Alta. Phone: 327-4054 YOU'LIFIND THE BEST BRANDS ADVERTISED IN THE LETHBRiDGE HERAlti A LOT OF MILEAGE And the fight! Late Model Used Car Specials 1969 COUGAR Red with black vinyl top, 428 ram air, 4 .speed, tape deck. 1968 FORD 4-DOOR GALAXIE 500 Two-tone blue, blue interior, 390 V-8, A.T., P.B., jfc P.S., radio, full wheel covers. "Illll NOW...................................... AUWU 1967 CHEVROLET 4-DOOR BISCAYNE Reg. Green with gold interior. 283 V-8, A.T. NOW..................................... White with gold interior. V-8, auto., P.S., radio. NOW................ 1966 PONTIAC 4-DOOR STRATO Reg. 1100 1968 OLDSMOBILE 4-DOOR DELMONT 88 Red with red Interior. V.8, auto., P.B., P.S., radio, rear defogger. NOW Reg. 1967 MERCURY MONTCLA1R 4-DOOR Seafoam green, black vinyl top. 390 V-8, auto., P.B., P.5., radio. One owner. NOW............. Reg. '2058 1967 OLDSMOBILE 4-DOOR DELTA 88 White with Ereen nyion interior. ueg_ J279S Power windowl, P. P. iteer- ing, P. Brakes, tilt and telescopic Al wheel, rear defogger, radio and rear luxury wheel covers. NOW 1968 FORD LTD 1967 CHRYSLER 4-DOOR HARDTOP NEWPORT 4-DOOR Turquoiw with matching Interior, 390 motor, auto- auto., P.B., P.S., radio, rear vinyl tap, 390 V-8, Reg. Snd" Turquoise and Reg. NOW 1969 VIVA WAGON DELUXE Reg. Auto, trans. Only 500 miles. NOW If JU 1966 BU1CK WILDCAT 4-DOOR HARDTOP Blue with black vinyl top. 455 V-8, A.T., P.B., P.S., power windows, radio, P. >eat, rear defogger. NOW Reg. S1850 1966 MERCURY MONTCLAIR 4-DOOR Reg. Gold and white top. 352 V-8, outo., P.B., P.S., radio. Power rear window. NOW..... 1967 MERCURY MONTCLAIRE 4-DOOR HARDTOP 1969 TANDEM 800 391 engine, five speed, 4 auxiliary. V-8, auto., P.S., P.B.. Turquoise with white top. Match ing interior. Radio. NOW 1966 CORVAIR 4 speed, radio, 2 tone paint, white vinyl bucket seats. NOW Reg. Whatever it Takes College Mercury Gives! SALES LOT 1902 3rd Ave. S. Phone 327-5763 ;