Lethbridge Herald, The (Newspaper) - September 9, 1971, Lethbridge, Alberta
28 THE IETHBRIDGE HERALD Thursday, September 9, 1971 25 CPU I a td-ki's yon four miles Jitneys doing big business CHICAGO (AP) While transport al ion costs arc rising in most, ritios. a group of black cab drivers on Chica- go's South Side arc charging only "two a ride which may lake a pas- senger up lo four miles. Although (he drivers alleg- edly violate city ordinances governing loading and fixed fares, the jitneys have flour- ished with passive govern- ment consent for more than three decades. One city alderman, Leon Despres. says the jitneys are a traffic hazard and should he taken off the streels, But he also says the Chicago Transit Authority, which operates uf a deficit, should adopt a similar concept for use all over the city Tile jitneys dale to the 1930s The jitneys date to the 1930s when llicy cropped up in nu- merous cities where blacks were unablo lo work for white cab companies and wlu'te drivers refused to carry blacks. But nowhere are they believed to be as prevalent as along Chicago's Martin Lu- Ihcr King Drive. Jitney driver Willie Curry says thai on a busy day there are 75 of the blue and grey licensed by the city the stretch of King Drive. The drive, on the mostly biack South Side, is the only place they still oper- ate in the city. MONEY GOOD Curry claims he makes on a good day. Passengers shuttle in and out of the cabs, some going only a tew blocks while others travel the length of the drive for their 25 cents. A similar trip by regular cab would cost about The CTA bus cosLs 45 cents. Despres says that the CTA should adopt some of the jit- ney philosophy and start m i n i -b u s service in other parts of the eily. The CTA says that would only put it farther into debt. The city acknowledges that the cabs could be wiped off the streels wilhin hours if the decision were made. But that decision must come from Mayor Richard J. Daley, says one city hall source, and the mayor doesn't intend to give the word. The lax column must remain flexible The By I. II. ASl'Ell one cliaraacri.-ilic ing that country. I lo effect a reapproachement. that The effect of all this on Can-1 The government is merely moli- being of the country that the economy of the biggest cus- most distinguishes Ihe tax law ada has already been documen- j vafed by the fact that at this trailers for our goods re from almost every other facet ted. Canadian exports to the particular point, it is far more I strong. of the legal system is Ihe para-; south could decline by several important to protect existing But there is more than the im- mount requirement that it re- billion dollars annually. This I and create new jobs in Canada mediate lesson to he learned. main flexible and fluid. Chang- means less production in Can- Uian to worry about a few con- 1 Canada must now re-examine ing economic, social and inter-! ada, causing fewer jobs, lower national conditions cannot be' company profils and corrcs- successfully absorbed by any. pondingly lowe country if ils lax system is too for government. cessions to enable exporters to its new tax laws against rigid to float wilh the times. A striking example of this. The Canadian government has moved swiftly lo prevent and an object lesson to those (he closure of the U.S. markets who believe lax laws should be' to Canadian goods. LayoD's in inscribed on stone tablets, is the Ontario plants have already be- Canadian reaclinn In President gun, Manitoba projects the loss Nixon's fiscal response lo the j of 2.500 jobs, and so, as in the United Slates currency diffi-, past Ottawa is turning to a sys- cullics. tern of grants to assist those The ink was hardly dry on companies hardest hit by the Bill C-259. HIP act establishing U.S. moves. If that doesn't help. the new Canadian tax system, one can be certain lax conces- when the United Slates, in ef-: sions will follow. feet, devalued ils currency in' No one should mistake the relation lo other world curren- federal moves as the beginning ties, and in an effort lo protect' of a friendly alliance between jobs and domestic markcls. im-; government and business. The continue producing for and sell ing into the U.S'. market. There can be no quarrel will this course and everyone mus hope the counter measures 01 fawa is introducing this week will have the desired effect o overcoming the brunt of (lie U.S. government's assault imported goods. It begins to look as though President Nixon is on his wa} to victory against the currem round of attacks on the U.S economy. Canada, with a little belt tightening and some fisca wisdom on the part of govern- ment, will follow suit. It may not even be too optimislic to hope that Canadians posed the special 10 per cent relationship has deteriorated too j realize how fundamentally surcharge on most goods enter- i far for tax adjustments portant it is to the economic the question of how they affect the inlernalional trading position of our manufacturers. The present tax system is fairly neutral, and if anythini Canadian hospitable to the company which PROSPECTING DOG IN ACTION Rick Maynard drums Ihe rock-hunting business into Ihe ear of one of the German shepards he and his wife are training to sniff out sulphide-bearing rocks underground. At ths bottom, the dog heads for home with a rock he's out in a mountain region near Vancouver. SOUTH WEST AUCTION SERVICES Are Opening An Auction House At 2508 2nd AVE. NORTH Commencing Sept. 14 and every Tuesday thereafter Sales at p.m. Sharp PHONE 327-1222 TO CONSIGN YOUR MERCHANDISE SOUTH WEST AUCTION SERVICES Handling FARM S ESTATE LIQUIDATION ANTIQUES MERCHANDISE SALES 'WE'lL SElt YOUR SALE AS IF IT WERE OUR OttN" AUCTIONEERS Cord Shcrwood-licenco Hopc-ticcnco 845 trades abroad. The new rules are less generous and, in some cases, create difficulties. Cana- dian companies will have less ready access to the use of tax haven countries. This might be acceptable if this were a perfect world. But it isn't and as Jong as Canada's international competitors can reduce the cost of their products through the resort to locating part of their operations in coun- tries which levy little or no lax, Canadian business requires the same advantage or, failing that, a domestic lax structure that compensates for the difficulties in maintaining overseas mark- ets. Perhaps the latter is even preferable, since it results in new jobs being created in Can- ada, rather than abroad. When one considers that for every manufactured item that sells for SI, less than 20 cents repre- sents profit and 80 cents is wages, and supplies purchased from other Canadian business- es, it becomes evident that it is cheap cost when Canada gives up ils 10 cenls in order to allow the price of the product lo be reduced so as to remain competitive in international markets. In this connection, Ottawa should be revising its tax law on international profits earned by Canadian companies, in the light of another anticipated U.S. move. It is widely expected in Wash- ington that a tax amendment will be passed by Congress this [all granting long-term tax de- Ferrmenf for profits earned from overseas sales of domes- tically produced goods. The idea here is to reduce the cost of American goods by elim- inating that portion of their price which represents the tax on profils. This will constitute a major ncentive for United States busi- ness to win overseas sales with- out having to establish opera- .ions outside the country. The lost corporate tax revenue is insignificant compared lo the :ax revenue (o be gained from Ihe employment income gener- ated by the domestic jobs pre- served and created, not to men- tion the beneficial effect on the economy as a whole. Canada must take a hard look at ils own tax reform legislation and measure it against the economic realties of (lie times, i The future growth of our na- ional standard of living de- pends to a large extent on our ability lo capture overseas mar- cels against fierce competition rorn American, German and Japanese goods. The flexible nnd imaginative use of the tax system can .1 positive ingredient in that context. Ambassador to receive freedom MONTEVIDEO (Rciilcr) The Tupamaros urban guerril- las of Uruguay were reported today In have sent word in a statement that Ilioy will free British Ambassador Geoffrey Jackson, 50, afler holding him for eight months. British embassy officials and police were trying lo verify the pledge. A statement purporting to fame from (.lie guerrillas and distributed at n public meeting in Montevideo said Ihcre was "no longer any reason lo hold him" following the escape from jail early Monday of 100 Tupn- maros. Serving you with INTEGRITY STABILITY EXPERIENCE For over 60 years Wo wrila all kinds of INSURANCE HOME-BUSINESS-FARM- AUTO-nnd LIFE and can save you MONEY SEE US SOON- A continuous family cnlornriio for over 60 years 706 3rd Avo. S., Lcitibridgo Phono 327-2793 EATON'S FIVE DAY SALE OF HEALTH AND BEAUTY AIDS FIVE BIG DAYS TO 5AVEI FRIDAY THRU WEDNESDAY. SHOP IN PERSON! ORDER BY MAIL OR PHONE OUR BUY LINE 328-8811. LOOK FOR THE NOT ADVERTISED SPECIALS. USE YOUR EATON BUDGET CHARGE, NO DOWN PAYMENT, PAY MONTHLY. Cod Liver Oil C'apsuies Cod Liver Oil TOO capsules. Contain Vita- mins A and D. Help lo prevenl colds. Slock up at sale price now. 100 Caps 84c Halibut Liver Oil Contain Vitamins A and D. Iron and Liver An old lo overcoming iron Palatable and easy for child- deficiency and anemia of diel- ren to lake Give to the fam- ary source. 100 Caps 1.63 My. 100 Caps 54i Bottle of 250 3.13 250 Caps 1.29 Ascorbic Acid Pills 100 mgm. of Vilamin C la help build resislance to win- ter colds. 250 Caps 844 Bottle of 500 1.66 AS.A. Tablets 5 grain acetysalicylic acid lo help relieve common aches and pains. 500 Tabs. 1000 Tablet Bottle 1.57 Brewer's Yeast Contain Vitamin B and Ribo- flovin for health and energy. 250 Caps Bottle of 500 1.41 Milk of Magnesia Mild laxative and antacid. Easy for children lo take. 250 Tabs 53d Bottle of 500 1.41 Saccharin Tablets Synthetic sweetener for cal- orie or those special diets. 500 gr. 536 1000 V, gr. 77t 500 V, gr. 61C 1000 Vi gr. i.. Hm Eaton Health Salts Refreshing fruit sails, aid in relief of upset slomach, help keep your family regular. Mb. Tin 69C Moth Crystals Protective paradichlorbenzene flakes to sprinkle on clothes and rugs, especially slorage. 2-Ib. Tin 77t Eaton's Cold Cream Creamy Hand Lotion Delicately scenied cream for Soothing moisturizing formula cleansing and removing make- up. A good chance to slock up. jar 68 C jar 1.08 to soften rough chapped hands, help keep smooth. 16-01. Botlli 944 40-oz. Bottle Eaton Egg Shampoo Helps check dandruff, leaves hair clean and lustrous. A good fnmily shampoo. 16-oi. Bottle 98c 40-oz. Boltle 1.98 Light Sltin Cream fight, non greasy formula softens and helps smooth. Al- so a very good nighl cream. 20-or. 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