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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 6, 1973, Lethbridge, Alberta 14 THE lETHBiJIDCC HEfl.AlD Thursday, September 6, I97y War veterans to get increase Sdmiidt unhappy OTTAWA (CP) War veter- ans, or their widows and or- phans, will receive pension in- creases in line viih granted old-age pensioners. Vet- erans Affairs Miniver Daniel MacDonald said Wednesday. Measures to increase ans' pensions will be introduced soon and likely will be passed in time for October cheques, he told the Commons. The government has promised to increase the basic old-age pension to a month from and to from a month for pensioners a bo re- ceiving the guaranteed income supplement. These increases are expected to be on next month's cheques. Male veterans receive a war veterans a means test at age 60. Female veterans are eligible LIABILITY BONDS 9 AUTO FIRE ROSSJTER LTD. ESTABLISHED 1911 lower Floor 517 4th Ave. S. Phone 327-1541 i for the allowance at age 53. I Married veterans receive a i maximum monthly allowance of i while single veterans j may receive no more than i ?13'M4 a month. i Single persons receiving a i veterans pension may not re- ceive more than a month in eld-age security guaranteed income supplement payments. Married veterans are entitled to I no more than S30 a month in I old-age benefits. I The proposed old-age security 1 increases would have no effect i on war veterans allowances ns as the current ceiling re- mains. Prime Minister Trudeau hinted t he government may j choose to either raise the ceil- ings or increase the pensions i outright. Mr. MacDonald. he I said, has been authorized to 'pesent the cabinet with prcpos- als. over pact INCOME INCREASES TOKYO CAP) Ths monthly income of the average Japanese household in the first half of this year was up 16.9 per cent from the like 1972 period, the prime minister's office reported Friday. The increase, sharpest in 10 years, .was attributed to speedy recovery of the Japa- nese economy at the end of 1972. CALGARY (CP) i Schmidt. Alberta Social Credit Party leader, says he is im- i happy over a provincial gov- i ernment agreement to allow Syncrude Canada Ltd. to delay to Sept. 17 its decision on whe- ther to proceed with construc- tion of an million extrac- tion plant in the Athabasca tar sands. i Mr. Schmidt said the govern- ment has disregarded its le-' sponsibility to let Alberta resi- i dents know whether the Syn- j crude plant will be constructed. The Social Credit policy is that an immediate start to the Syncrude plant is a necessity. "If there are difficulties, the premier should make them said Mr. Schmidt. Mr. Schmidt said Premier Peter Lougheed appears will- i ing to use the Syncrude nego- i tiations as a political weapon. The plant would produce i 000 barrels of oil a day and i provide employment for persons during construction as well as 3.300 permanent job-. Syncrude is a consortium of; i four American companies Imperial Oil Ltd.. Atlantic Rich- field Canada Ltd., Gulf Oil j Canada Ltd., and Cities Ser- I vice Ltd. I CDC wins court battle to buy into Texas Watergate figures gagged Jeb Stuart Magruder, left, and James W. McCord Jr., right, two major figures in the Watergate scandal, were ordered Wednesday to refrain from making public speeches or granting interviews if they want to remain free pending sentencing. Chief U.S. District Court Judge John J. Sirica made the order in Washington callinc, it a disgrace that criminals could "profit by their wrongdoing." ete protection package -Freeze Si since 19 2 7, Tough Westerri'Canadiamvinters are the best reason in the world for picking up new PRESTONE I Anti-Freeze. It can actually protect your car down to below zero if you need it. The second-best reason is the hot-running, fiigh-performance engines of the 70's.-PRESTONE E gives you proven anti-boil protection by raising the boiling point of your cooling system to The third best reason is that you're covered against rust and corrosion problems. PRESTONE II has a unique formula that puts a durable, protective coating on every inch of metal throughout your car's cooling system. Protection against freeze-up. Protection against boil-over. Protection against rust and corrosion. When you pick up new PRESTONEH Anti-Freeze you've got all the protection your cooling system needs, right there in your hand! UNION CARBIDE PRESTOS U and UNION CARBIDE are registered irado narks. HOUSTON, Tex. (CP) Can-1 ada Development Corp., (CDC) wholly-owned by the Canadian j government, won the right in United States District Court Wednesday bo buy 10 million shares of Texasgulf Inc., a ma- jor U.S. mining and natural re- sources company with holdings in Canada. Judge Woodrow Seals de- clined to enjoin CDC from mak-! ing the tender offer I for Texasgulf stock. The offer was opposed by Texasgulf offi- cials, who claimed CDC vio- lated U.S. laws in making the tender offer. The judge's decision came in a 98-page opinion. The suit claimed CDC vio- lated anti-trust laws, conspired with Noranda Mines Ltd. to'se- cretly acquire control Of Texas- j gulf, and planned to sell off non-Canadian assets if the ten- der offer was successful. Judge Seals ruled that the tender offer filed by CDC with t the Securities and Exchange i Commission was a legal offer, j but said it should be amended j j in one minor instance, i He held without merit the al- i legations of conspiracy and vio- I lation of anti-trust laws and j that the deal would violate the national interest of the U.S. The judge noted he is aware that Texasgulf management will probably suffer some hard- ship and that some directors probably will be replaced as a result of his decision. CDC officials said in court they would want representation from the Texasgulf board of di- rectors commensurate with those directors' holdings if the offer is successful. They maintained throughout the trial that the tender offer is merely an investment in Texas- gulf, which controls large min-' ing deposits in Canada and de- rives more than half its profits from Canada. The corporation was formed Texasgulf said that with Ca- in 1971 and financed by the Ca- nadian control of the company, nadian government to stimulate wou'd be to make deci- sions favorable to the national development of Canadian in- interests of Canada over the in- dustry. terests of the shareholders. CAREERS SENIOR ACCOUNTING OPPORTUNITY A supervisory position with a major trust company's office in Calgary involving financial accounting, personnel responsibilities and systems work. Required level of qualification is some experience in office management and the equivalent to completion of a minimum of 3 years in the C.G.A. or R.I.A. course. Re- quired level of experience would indicate that the appli- cant should be at least 30 years of age. Please send resume in confidence to Box 42, Lethbridge Herald Says Nixon lied ALGIERS (Reuter) Prince Norodom Sihanouk, exiled Cam- bodian head of state, said today- President Nixon lied when he claimed to have informed him about the bombing of Cambodia prior to the United States inter- vention there in May, 1969. "I did not know about the he told a news con- ference here. The Peking-based exiled leader said he had protested to the U.S. over bombing incidents that occurred wliile he was in power in Cambodia. Career Opportunity RECEPTIONIST-CLERK-IYPIST are o growing international company opening new offices in Lethbridge. We offer a career minded person an excellent oppor- tunity to work in a -modern air conditioned office as a Receptionist, cierk-typist. Salary commensurate with experi- ence and ability. Apply in writing, with a complete resume of your quali- fications and experience, to: Keith Consulting Engineers Stc. "G" 433 Holiday Village Mayer Magrath Drive tethbridge required in the ciiy of Leihbridge Applicants must be experienced, Degressive, cmbl- iious, liking to meet people. Present owner to retire in five years' and manager will own entire business at that time. This business has been established over 30 years' with excellent reputation and clientele'. Applicant must send a resume, stating qualifica- tions and experience. All replies confidential to; BOX 30, LETHBRIDGE HERALD Alberta beefoien talk HIGH MOISTURE BARLEY Profit h what the cattle business is ail about. And there are more profits in Harvesters processed high moisture barley than in any other ration. Actual on-farm results prove it! Robert Harris Coaldale, Alberta "1 used to'handle 150 .head, now Ave move close to a year through the pens. We now have four Harve- stores including two small units for grain which we empty and refill on about a three month cycle, and two .large units for forage processing. It used to.take longer to feed baled hay to 200 calves than it does now to feed all our cattle from the Harve- stores. It's the only way to kJB, A i Tsukishima Brothers Coaldale. Alberta "Harvestore processed feeds cut bloat. We don't have to stop feeding to fill and we get a better quality feed. We- fill the 2565 four to five times a year. The cattle look good, the feed must be good. An Inspector in Calgary told us that 2 loads we sent recently were about the best beef he's ever seen." FREE For your FREE brochure on what Alberta cattlemen feel about Harvestore processed feed, fill out and return this coupon! NAME ADDRESS PHONE msnii HARVESTORE UMITBB 11604-145 Street, Edmonton, Alberta T5N 1V8 ;