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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 25, 1974, Lethbridge, Alberta 22- iHt LtiHBRIDGt HERALD Wednesday, September 25, 19.4 Warm welcome Privy Council president Mitchell Sharp (right in both photos) gives Japan- ese Prime Minister Tanaka a warm welcome at Government House in Ottawa Tuesday during the second day of Mr. Tanaka's visit to Canada. Mr. Sharp met the prime minister on several oc- casions while external affairs minister and the two greeted each other like old friends. fur Now's the time to buy the fur you long for! In Lethbridge Thursday Through October 2nd Don't wail tor your new fur Eaton's Traveling Fur Event is here through Wednesday. October 2nd! Bringing you a glamorous coiiection of prices. Hurry m to Eaton's today. Ail furs backed by Eaton's guarantee "Goods satisfactory or money Choose a muskrat coat in beautiful blue mist shade 629 00 You get warmth, fashion and an easy-on-the-budgel once when you buy this sensational blue mist (dyed) coat In your choice of vertical split or chevron cut oei's S'lVy blue fox collars in notched and Johnnie styles Sizes e to 20 For beauty and price pick Canada ranch mink What a beauty! What a price! Canada ranch mink aiways a superb choice Come try on our elegant semi- fitted and boxy styles and see how mink becomes you. You'll fjnd celled and unbelted coats, with notched and pleated shawl collars. Length 1095.00 Natural muskrat coats shown) smartly tailored, belted slyles wilh notched or shawl collar In verticalspM cells Sizes 18 9l9 Natural muskrat pant coats shown) m beauMul long-wearing bp'1eri slyles wth notched or shawl collars Fi.jf'y nccoon borders and collars m Sizes 6 to is Dvedbin mist shade 559 Mouton "amb coats (not shown) dyed, sheared and processed ia--r- Vif conars Casual back fullness, DyCd 5hsde 9QQOO Main Floor EATON'S Shop Eaton's Tonight (Wednesday) until 9 and Thursday and Friday to 9. Use your Eaton account. Buy Line 328-8811. Railway companies need higher revenues to finance expansion EDMONTON (CP) A CP Rail marketing executive says the Canadian transportation industry must become profitable if it is to expand sufficiently to meet future demand. Jack Morrish of Montreal, the railway's vice-president of marketing and sales, told the Association of Professional Engineers, Geologists, and Geophysicists of Alberta Tuesday that railways need higher revenues to finance such expansion. "The best way of attracting more capital is to allow the current rate of return on in- vestment in transportation to equal the market rate for the use of capital in ventures of comparable risk in other in- he said. Mr. Mornsh said CP Rail is the most profitable major railway in Canada, but its an- nual investment return of four per cent is less than half the rate of its major customers. Refuting claims that railways are obstructing Western economic development, Mr. Morrish said the more industrial ac- tivity there is in the West, the greater the opportunities for railways. However, he warned that "playing with freight rates" is not the way to bring about Western industrial development. Freight-rate freezes and other reductions have been tried in the past, but complaints of regional economic inequalities persist. The Crowsnest grain rates, originally established in 1897, are an example of how specific rates designed to help an industry can become a problem for that industry, he said. "There is a growing aware- ness in the West that the ab- normally low and fixed level of grain rates is distorting economic he said. Mr. Morrish said new in- vestments are needed to bring Canada's gram-handling facil- ities up to date, but this can- not be done because the necessary incentives are lacking He suggested federal and provincial governments meet private enterprise to devise a program for tangible economic expansion. "Once such a program has been defined and im- plemented, the transportation industry would be in a position to play a supportive he said. United Nations troops speed prisoner exchange By JOSEPH MacSWEEN NICOSIA (CP) Col. Guy Lessard. commander of the Canadian Airborne Regiment, said Tuesday the present ex- change of prisoners of war in Cyprus would not be taking place but for the work of United Nations soldiers on the island. Busloads of Greek-and Tur- kish-Cypriot PoWs were congregating at the exchange centre on the parking lot of the Ledra Palace Hotel as Col. Lessard spoke with a reporter. The general exchange of ap- proximately prisoners on both sides began Monday after the completion Saturday of an operation for the release of sick and wounded prisoners. The whole exchange is ex- pected to be completed within 10 days. Canadian use the Ledra as a head- the prisoners from one set of buses to another in the ex- change supervised by the In- ternational Committee of the Red Cross. Col. Lessard spoke of the changing and greatly increa- sing responsibilities of United Nations troops since a Turkish army captured a huge chunk of Cyprus in two rounds of fighting in mid-July and mid-August. Since the ceasefire which the Canadians helped bring about Aug. 14, the Canadians had negotiated countless New stamps to be issued OTTAWA (CP) The post office will put out 34 new stamps in 1975. including four issues of Olympic stamps, Postmaster-General Bryce Mackasey announced Tuesday. Water and combat sports will be featured in the two issues of surcharged Olympic stamps. The extra charge is destined for the fund for the 1976 Olympic Games in Montreal. The issues will be put out in their regular eight-cent, 10- cent and 15-cent denominations with an extra levy of two cents on the eight- cent stamp and five cents on the 10-and 15-cent stamps. ceasefires at the local levels and the Canadian Airborne, comprising two commando groups, had become more and more involved in hu- manitarian activities. One of the first tasks was the collecting of bodies and restoring them to their respective sides. The UN also helped trace missing persons among the some refugees and also provided food and water for starving domestic animals. Water was a particular problem on an island chronically short of water. Power failures caused serious shortages because electricity is needed to operate pumps all over Cyprus. Turks were unable to make repairs when pumps were damaged at Morphou. 20 miles area from which Nicosia receives two- thirds of its water supply. The Canadians managed to get blueprints and pump parts to the Turks so that the water would flow again. On Monday the Canadian Airborne managed to obtain the safe conduct of an Ed- monton family. Nicolas loan- nides. his wife and four chldren. through the Turkish lines to Nicosia. End of the run CP Rail announced Tuesday that the Princess Marguerite, shown here sailing past a Vtctorsa golf course, wiil be sold and the company's Victoria-Seattle run discontinued Barry Margetts, CP's general manager of coastal manne operations, satd the shjp had lost in the past three years. ;