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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 30, 1973, Lethbridge, Alberta Under the deme By THE CANADIAN PRESS Legislature nears end The Alberta Legislature heads toward adjournment tonight or Wednesday after clearing a revised workmen's compensation bill and five others in committee. Five bills still require se- cond reading and committee study, and 25 require routine third reading before MLAs can begin a one-month recess. Farmers to be paid The government will pay farmers an hour for their own labor under a special program to improve livestock facilities, says Agriculture Minister Hugh Horner. He was replying in the Legislature to Peter Trynchy (PC Whitecourt) who asked about a program announced recently in which the govern- ment would pay labor costs for farmers building new facilities for their livestock this winter or expanding or improving existing ones. The initial statement con- tained no mention of what rate the government would pay for labor. Last week Dr. Horner said he has "great faith in the good judgement of the farmers of Alberta and I'm sure they'll assess that in fair manner." Adoption policy queried Bob Clark, Social Credit House leader, says he believes Alberta babies up for adoption are being "hustled off" to other provinces, primarily Ontario, contrary to govern- ment policy. He raised the issue in the Legislature, asking whether the government was aware of "a situation where it appeared more than 50 infants during the last fiscal year, many of them Caucasians without dis- abilities, were sent outside the province for adoption." Health Minister Neil Craw- ford said he will check into the charge. Mr. Clark said it appears half-hearted attemptd at plac- ing Alberta children in Alberta homes are made before "they are hustled off to Ontario." Taylor wants jail terms A former highways minister and the current solicitor- general differ over the value of stiffer punishments for drinking drivers. Gordon Taylor (SC highways minister in the former Social Credit government, said per- sons convicted of impaired driving should be sentenced to mandatory jail terms of up to three months. On the other hand, Solicitor- General Helen Hunley said she is not convinced stiffer fines or even jail terms would help. Grants not enough Education Minister Lou Hyndman has tabled a report in the Legislature which in- dicates disadvantaged children may not be receiving an adequate percentage of early childhood education grants. The progress report said although children should be eligible for "disadvan- taged" rates, only 329 had been approved to Sept. 30. GENERAL FARM Presents The Weather SUNRISE WEDNESDAY SUNSET H L Pre Lethbridge...... 53 43 Pincher Creek 48 40 Medicine Hat 52 41 Edmonton 48 31 Banff........... 41 37 Calgary......... 51 29 Victoria 54 50 Penticton....... 50 48 Prince George 43 32 .14 Kamloops....... 54 37 Vancouver...... 51 48 .14 Saskatoon....... 51 34 .04 Regina 51 32 Winnipeg....... 48 33 Toronto......... 48 45 1.18 Ottawa......... 47 44 Montreal 51 44 St. John's....... 36 32 Halifax......... 47 38 .05 Charlottetown 45 31 Fredericton..... 49 33 .03 Chicago 48 43 New York 63 50 2.45 Miami.......... 85 60 Los Angeles 86 60 Las Vegas...... 75 56 Phoenix 59 Forecast: Lethbridge, Medicine Hat: Isolated showers this mor- ning. Sunny periods this after- noon. Winds W20-40. Highs 45- 50. Lows near 25. Cloudy Highs periods Wednesday, near 40. Calgary: Cloudy this morn- ing with an occasional shower or wet snowflurry til mid- morning. Winds NW20 oc- casionally gusting to 40. Highs near 45. Lows 20-25. A few clouds Wednesday. Highs near 35. Columbia, Kootenay region: Today: Cloudy with oc- casional rain except snow at higher levels. Wednesday: Oc- casional showers except snowflurries at higher elevations. Highs today in the high 40s. Lows tonight around 30. Highs Wednesday in the low 40s. MONTANA East of Continental Divide: Considerable cloudiness with strong westerly winds today and tonight and scattered rain or snow showers mostly mountains. Rain or snow like- ly most sections by Wednes- day afternoon. Cooler Wednesday. Highs today 50 to 60. Lows tonight 30s. Highs Wednesday 45 to 55. West of Continental Divide: Showers lower elevations and snow in the mountains this afternoon through Wednesday. Highs both days 45 to 55. Lows tonight 30s. Don't Miss BONANZA DAYS at GENERAL FARM SUPPLIES Oct. 29 to Nov. 2 Five Days of Fantastic Bargains Refreshments and Prizes See the Display of Machinery and Irrigation Equipment CELEBRATING OUR 31st ANNIVERSARY GENERAL FARM SUPPLIES Coutta Highway Box 1202 Phont 328-1141 I Highway I reported bare and dry. Widening of one mile sec- tion of Highway No. 3 east of Fort Macleod is in progress. All remaining highways arc in good driving condition. PORTS OF ENTRY (Opening and Closing Omvay V a.m. to 10 p.m.; Chief Mountain closed; Coutts 24 hours; Del Bonita 9 a.m. to 6 p.m.; Kingsgate 24 hours; Porthill-Rykerts 8 a.m. to midnight; Wild Horse8a.m. to5p.m.; RoosevilleSa.m. to midnight. Logan Pass open. TuMdcy, October LETHBRIDQE HERALD-3 Bitter struggle in Commons Peace-keepers advance A United Nations peace-keeping force of Finnish observers had taken up positions in Suez after first troops advance in a truck along the road to the Suez being refused passage by Israeli forces encircling the Canal. According to officials in Cairo, the UN truce town which is still under the control of Egyptian forces. Canadian content dropped from tenders Wrath of allies deters program OTTAWA The federal government considered re- quiring a minimum Canadian content of "around 60 percent" for its million Strategic Automated Message Switching Operational Network, called SAMSON, for the Canadian armed forces. But the minimum require- ment was not included in re- cent calls for tenders for two reasons: officials in charge of the SAMSON procurement thought they would achieve even higher Canadian in- dustrial benefit by allowing bidders to promise indirect offsets as well as or in place of direct Canadian content. more important, Ottawa did not want to risk the wrath of some of its military allies who have special defence production sharing agreements with Canada, notably the United States. In this latter regard, Canada's has a million surplus in the defence produc- tion sharing agreement with the U.S. To even out the agreement, Canada during the coming months has to buy more American made military equipment than the U.S. buys from Canada. And SAMSON represents one of the largest military procurments on tap during the coming months. In recent months, the SAMSON project has come under criticism from some elements of industry and government, in part as a Nixon likes heat and lots of it WASHINGTON (CP) President Nixon likes to work before a blazing fireplace- even in the heat of and he never works in his shirtsleeves, even in private. During the Second World War, U.S. Navy buddies re- call, Nixon once bluffed to win a poker hand. But aides say he doesn't relax at card games in the White House. Essentially a conservative, shy man who doesn't hunger for gourmet food, Nixon con- stantly maintains a low-fat diet. During the Middle East crisis, daughter Julie Eisen- hower talked about her fa- ther, describing him as "very disciplined." He always starts his day running in place for two min- utes for exercise, she said. Wo restriction result of the lack of a required minimum Canadian content and more generally as a result of fears that the government wasn't thinking seriously enough about Canadian in- dustrial involvement in this particular large purchase. Federal officials involved in SAMSON argue that by not including a specific minimum Canadian content in the tenders for the new military communications network and by allowing indirect offset benefits to be equated with direct Canadian content, the country could end up getting the best of both worlds. The Americans could right- ly complain that a large military purchase requiring direct Canadian content would be unfair to U.S. companies, especially with the misbalanc- ed defence sharing. Most of the computer com- panies bidding on the SAMSON project are U.S. controlled. And most industry and government experts predict the three large com- puter switching centres for SAMSON will be built in the U.S. At the same time, the Americans have given no in- dication that they would com- plain about offset re- quirements. With direct Canadian content, a fixed dollar percen- tage of the whole system would have to be made in Canada in the case of SAMSON, this would have been 60 percent or more than million worth OTTAWA soon begin what could be a long, hard, and even bitter struggle when proposed foreign invest- ment review legislation returns to the Commons for more debate this week. The House must decide on the merits of 10 proposed amendments to the bill before it even starts final-reading debate. The bill would control takeovers of Canadian com- panies and screen expansion of foreign interests already here. Government House Leader. Allan MacEachen said Thurs- day that third-reading debate on the bill "would take us well into next week." Many MPs regard that as an under- statement. The bill also faces possible amendment in the Senate. The banking committee there began perusal of it last May. Senator Salter Hayden tabl- ed a senate committee report on the bill about two months later. The report had some strong criticism of the propos- ed legislation. The report also contained more than 30 recommendations for amendments. Should the Senate attempt amendments, the bill would have to be returned to the Commons for further more finally be- coming law. With rumors that the government may start a new session early in the new year, the bill faces the prospect ol suffering the fate of 1972 foreign review proposals which died on the government order paper a year ago. The bill is returning to the spotlight only a week after re- lease of some interesting for- eign investment statistics. The U.S. commerce depart- ment reported billion in direct U.S. corporate invest- ment in Canada by the end of jump of billion over the previous year. Of this, billion represented profits made by the U.S. firms and re-invested aspect the bill does not touch. The bill does not apply to foreign firms expanding ex- isting operations, but only to those entering new fields of business in Canach. Statistics Canada reported a jump in foreign in- vestment in 1970 to a total of billion. The U.S. share of that investment represented a 7.7 per cent increase. Australia doubled its in- vestment in 1970 to million. Britain showed a modest increase of three per to million. There would be no appeal of a decision by the foreign in- vestment review body of 15 to 20 officers which would be established by the bill. Distilled from prime Northern grain Who may buy Canada Savings Bonds? Every bona fide Canadian resident (adult or minor) may buy Canada Savings Bonds. To qualify as a Canadian resident an individual must normally reside in Canada for the major part of the year and have a Cana- dian address. Estates of deceased persons may also buy Canada Savings Bonds. Is the amount which may be bought limited? Yes. This year the limit has been set at A registered owner may not hold or have an interest in bonds of the new Series in excess of this limit. The limit may be exceeded, however, where excess bonds are acquired by inheritance upon the death of a registered owner. Can I cash Canada Savings Bonds at any time? Yes. Your Canada Savings Bonds can be cashed at any time at their full face value plus earned interest. Interest is calculated at the appropriate annual coupon rate for each full month which has elapsed since the date of the last matured coupon. To cash your Bond, just take it to your bank and complete the redemption form on the front. You'll get your money immediately. Canada Savings Bonds are instant cash. Where do I buy Canada Savings Bonds? You may buy your Canada Savings Bonds from any authorized sales agent including any Bank or authorized Investment Dealer, Stock Broker, Trust or Loan Company and Credit Union. Bonds may be purchased for cash, or by monthly instalments on the Official Monthly Savings Plan. Under this Plan bonds may be purchased up to and including November 15, 1973, for a down payment of S% of face value, followed by 10 monthly payments of 9% each, commencing "Decem- ber 1, and a final payment of 5% on October 1, 1974, plus accrued interest at the rate of 7.54% per annum on the declining balance of the amount outstanding. This accrued interest totals per face value. Canada Savings Bonds may also be bought at work by regular payroll deduction. Your employer will have full details of this Payroll Savings Plan. What is the price of Canada Savings Bonds? You may buy your Canada Savings Bonds up to and including November 15, 1973 at face value. Up to that date there is no charge for accrued interest Aftpr that interest at the rate of 7.54% per year be charged from November 1 to the end of the month in which you buy your Bonds. What denominations are available? Coupon Bonds are available in denominations of S50, S500, and Coupon bonds have interest coupons and Compound Interest Certificates attached. Fully Registered Bonds in denominations of and are available in two different forms. The first form is registered as to both interest and principal, and interest is payable annually by cheque in this form the Bond does not have the special Compound Interest fea- ture. The second form is also registered as to both interest and principal but does offer the special Compound Interest feature. However, in this case, payment of accumulated interest is deferred until redemption of the Bond. What happens if Canada Savings Bonds are lost or stolen? Lost, stolen or destroyed bonds will be replaced upon satisfactory proof of loss or destruction, and the production of a bond of indemnity. Notify the Bank of Canada, Ottawa, and your local police of the loss, giving full details, the denominations, and if possible, the serial numbers. How long are Canada Savings Bonds on sale? Sale of the new Bonds may be discontinued at any time after November 15, 1973 at the discretion of the Minister of Finance. Average annual interest to maturity: Regular Annual Interest Coupons Due Nov. Total Regular X. Compound Interest Certificates In addition, you can earn interest on your interest if you choose. If you hold the first 6 regular annual interest coupons uncashed until November 1, 1979, Compound Interest Certificate A then becomes payable for.......................... Similarly, if the remaining 6 regular annual interest coupons are held uncashed until November i, iS65, Compound interest Cer- tificate B then becomes payable for Finally, if all regular annual interest cou- pons and Compound Interest Certificates A and B are held uncashed until the bond matures Compound Interest Certificate C also becomes payable for Total Interest on your Interest Face value of Bond Total Value at Maturity in 12 Years if all interest is compounded. planned Consumer Affairs Minister Bob Dowling says he can offer only a personal contribution to cleaner air, not government legislation. He was replying in the legislature to Ed Benoit (SC High wood) who asked if the overnment has any plans to restrict smoking in public places so non-smokers would -ot have to breathe the tobacco fumes. The department has no plans for any restrictions "but I am planning on quitting Mr. Dowling said. BUY CANADA SAVINGS BONDS TODAY ;