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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 18, 1974, Lethbridge, Alberta 40 THE LETHBRIDQE HERALD Wtdntcday, September Oil-rich Saudi Arabia enjoys boom New casualty vehicle This huge ambulance, called the Leyland Lifeliner, will be unveiled at a com- mercial vehicle show in London this week. It contains six beds and medical equipment and is designed to treat injured persons quickly after a major accident. Interior view (bottom) shows large area in which medical staff will work. New York Times Service JIDDA While western countries struggle with inflation, recession and sagg- ing stock markets, Saudi Arabia is enjoying an economic boom and that benefits both the rich and poor. The oil revenues flooding into the state treasury, which are expected to be more than billion in this fiscal year, are being spread out to the greatest extent that this relatively primitive economy can absorb. When Hassan Bishawri, a government employee, drives his Datsun into a service station, he can fill his tank for less than at the reduced price of 16 cents a gallon for high test gasoline. A royal decree has reduced electricity and water charges by 50 per cent, so Bishawri and his family of eight will get this benefit of subsidized public utility rates in next month's bills. SUBSIDY PROGRAMS In the neighborhood market, Bishawri's wife can buy rice and sugar at the prices of a year ago because the govern- ment is absorbing_the increase in world prices of more than 200 per cent through an import subsidy program. The cost to the government of these subsidies may run into several hundred million dollars a year for this country of six million people. But it protects government employees making a month against inflated world prices. "I have more money to said Bishawri, who is thinking about changing his Japanese car for a larger American automobile, taking advantage of a reduction in import duties from 15 per cent to 3 per cent. The port is jammed with ships and the stores and shops in the bustling commercial centre of this ancient city, where Moslem legend main- tains that Eve was buried, offer a wealth of goods, from French telephones and fashions for women to English cheddar cheese and Japanese casette television sets for home movies. At the Saudi Arabian ex- hibitions, a clothing and luggage shop that would look at home on New York's Lex- ington Avenue, Abdullah Husseini, the manager, is con- ducting a sale with goods marked down 10 to 20 per cent. Husseini said he wanted to clear his shelves to make room for new shipments in time for Ramadan, a month of fasting and prayer that traditionally is a time of gifts and new clothes. "There is he said, "people are buying not only necessities but more ex- pensive things. They don't argue about the price." His only complaint was the delays on deliveries of goods from the United States. "I ordered some towels from an exporter in Miami six months ago and opened a 90-day letter of credit, but the shipment hasn't arrived he said. The Chrysler and Cater- pillar tractor dealers com- plain that they have only been able to obtain half their orders for new models. The Japanese are really moving in on this market and they may have replaced the U.S. as the No. 1 exporter to Saudi said Dennis Murphy, the United States embassy's commercial at- tache. U.S. sales came close to million last year. The opportunities for Saudi businessmen and enterpreneurs seem limitless, and employment demand is so high that anyone who wants to work can get a job, including tens of thousans of unskilled workmen from Yemen, the Sudan and Ethiopia. Merchandise trade dips OTTAWA (CP) A deficit of million was recorded for the second quarter as the balance of merchandise trade slumped to its lowest level since the third quarter of 1972, Statistics Canada reported Monday. Figures are adjusted to ac- count for seasoned variations. The volume of merchandise exports dropped by almost five per cent during the quarter and imports were down by one per cent. The value of merchandise trade was higher but this was due to price inflation. In recent years a surplus in merchandise trade and a more than offsetting deficit in service items as foreign travel, interest and been the pattern. The over-all deficit for the first quarter was million and there has been an over-all deficit for nine of the last 10 quarters. The surplus came in the second quarter of 1973 and it was million over-all. Sears '12 OFF WHEN TRADE Trade your Old Wig or Hairpiece. Get a Discount on a New Capless Wig. Regular Selling 130 and up. Bring in last year's wig today. Trade it for a look that's now. Trade it for a wig that's cool and capless. A wig that styles as easily as your own hair. Our new fall collection includes wigs by Famous Designer. Wigs in a wonderful selection of care-free fibers, including Elura Modacrylic, Dynel and Kanekalon. Let our professional stylists help you select a wig you Ye comfortable in, a wig you can care for. Trade your old wig or hairpiece and get a discount today at Sears. We can accept only one Wig Trade-In on the purchase of each wig. Cownewc -Simpsons-Sears Ltd. at Simpsons-Sears you get the finest guarantee satisfaction or money refunded and free dettvery Store Hours: Open Daily a.m. to p.m. Thursday and Friday a.m. to p.m. Centre Village Mall. Telephone 328-9231 For trade only, the surplus for the second quarter this year was million, com- pared with trade surpluses million in the first quarter and million in the second quarter of last year. On the capital account side securities invest- ments there was a net gain of million in direct investment in Canada and a net reduction of in investments abroad by Cana- dians. LESS COMING IN Accounting for all movements of capital, there was a net inflow of million in the second quarter compared with an inflow of in the first quarter this year. Long-term investments were reduced by million in the second quarter and it was the first time since the second quarter of 1971 that there was a net reduction in long-term transactions. In the first quar- ter of this year there was a net gain of million. A com- bination of factors contributed to the turnabout. There was a net increase of million in short-term transactions compared with an increase of million in the first quarter. Statistics Canada had re- ported two weeks ago that there was no real growth dur- ing the second quarter as the 3.6-per-cent increase in gross national product was due entirely to price increases. The balance-of-payments report provides more detail on the foreign trade aspects of that GNP report. Merchandise exports during the second quarter were valued at billion com- pared with billion in the first quarter. Imports were worth billion in the April- June period and in the January-March period. Total receipts from foreign sources was billion in the second quarter and in the first. Payments in the. second quarter were billion and in the first quarter billion. The deficit on service trans- actions was million in the second quarter, million in the first and million in the second quarter of last year A third category in current account balance includes such items as immigrants' funds and foreign aid. There was a surplus of million in the second quarter and a surplus of million in the first. Woman's statement said provocation for shooting EDMONTON (CP) The court reserved judgment in an appeal against a conviction for non-capital murder after the defence lawyer argued that the victim's statements were sufficient provocation for the shooting. James Edward Clark, 52, said that just before he shot the woman he had been living with "she told me what she did was her own business." "She said she didn't give a damn what I thought about it." Mr. Clark said he had lived with the woman. Helen Williams, 48, for five of the previous eight years and then had seen her occasionally during the three years prior to the shooting. "I don't think any man took the guff I did from any woman." Mr. Clark said in a statement read in court. "This running around with other guys. Every time my back was turned, she was going to the beer parlor.7' Clark was charged last May after he telephoned police to tell them he had just shot a woman. He was sentenced to life imprisonment. Defence counsel Ian Baker said Miss Williams' statement to Clark, that she didn't care what he thought was "enough to drive an ordinary man of his powers of self control." However, Mr. Justice N. C. McDermid said he didn't see how Miss Williams' statement could be construed as provocation "by any stretch of the imagination." S. Bruce Smith, chief justice of the Supreme Court of Alberta, said the Supreme Court of Canada found there was provication enough for a normal man to lose self- control when he was told by a woman that she would rather be with a Chinaman than with him. In that case, the verdict was manslaughter. Crown prosecutor J. W. K. Shortreed said the woman's statement to Clark "was something she had a completely legal right to do." "She was telling him to mind his own business." Mr. Justice W. R. Sinclair said the insult was in Miss Williams telling Clark "she thinks somebody else is better than him." Kissinger blamed LONDON (AP) The widow of overthrown Chilean President Salvador Allende said Monday "Secretary of State Henry Kissinger is the man personally responsible for staging the plot that overthrew Chile's legally con- stituted government." The Chilean military over- threw Marxist President Al- lende a year ago. and said he committed suicide during the coup. ___ "II is not the ITT nor the CIA which are primarily the cause for setting up the military junta." Mrs. Allende told a news conference. She did not elaborate. in Washington, a former high intelligence official said Saturday that either resigned president Richard Nixon or Kissinger ordered a Jl-million secret expenditure by the United States Central Intelligence Agency (CIA) to block AHende's election. He said additional money was spent to bring down Allende's government. At the time, Kissinger was Nixon's assistant for national security affairs. Allende himself charged that International Telephone and Telegraph (ITT) had fomented revolt against his government, but the coroora- tion denied the charges. Hortensia Allende is in Brit- ain for a two-day visit. She said the trip is part of her international tour to fight for the restoration of democracy in Chile and to collect funds for Chilean refugees who had sought asylum abroad. Girls, boys bedded down in room VICTORIA (CP) Men and women slept together at St. Mary's Priority and "an en- counter group" had nude pic- tures on the walls there, a British Columbia Supreme Court trial was told Tuesday. Sister Mary Josephine Donovan. 60. one of five plain- tiffs suing for control of the Society of the Love of Jesus, testified that the Priory building in nearby Langford. which in the past had been the exclusive residence of the Sisters, was used to house many visiting groups in recent years. One was a mixed group of visiting American university students and boys and girls bedded down on one occasion in the nuns' rnnm ;