Lethbridge Herald, The (Newspaper) - September 28, 1974, Lethbridge, Alberta
Saturday, Stptombw 28, 1974 THE LETHBRIDQE HERALD The Herald Business Trudeau pledges easier farm credit OTTAWA (CP) Prime Minister Trudeau has given farmers an advance look at what to expect in the throne speech opening Parliament Monday, renewing govern- ment pledges to ease farm credit, stabilize incomes and expand research into meat, machines and crops. In a letter Thursday to a western premiers' conference which began Friday in Van- couver, Mr. Trudeau said the government will introduce legislation to increase credit Trading increases OTTAWA (CP) Imports and exports were up sharply in August, Statistics Canada reported today. Foreign sales rose by 5.5 per cent to billion and pur- chases were six per cent higher at billion. During the second quarter of the year foreign trade was down, contributing to an April-June period of no growth in the economy. Average monthly value of exports during the first eight months was 23 per cent greater than the average for the comparable period of 1973. On the import side, the average monthly value was up 29.5 per cent during the January-August period this year. The August and year-to-date figures were well ahead of rates of inflation, now running in the 11-12 per cent range on an annual rate. to farmers under 35 years old and to others interested in making farming a full time job. A new bill aimed at levelling swings in Prairie incomes through a joint government- farmer fund will also be in: troduced, he said. Idea of such legislation, first introduced and withdrawn by the Trudeau government in 1971, is to protect farmers against short- term! swings in the grain economy by drawing on the fund when times are tough. But unlike earlier stabiliza- tion bills, this one is expected to give fanners the option of joining the plan for at least three years. Mr. Trudeau said the government will also introduce legislation to stabilize incomes for fanners producing a range of other commodities, probably through a system of guaranteed prices. This bill, like the others, was introduced during the last session of Parliament but not passed. The prime minister's letter dwelled heavily on govern- ment plans for farm research, saying steps would be taken to develop a research program into meat processing in an ef- fort to improve the quality of meat. The program is expected to begin by the end of the year. As well, the government is sponsoring a new organization to co-ordinate farm research by provinces, universities, in- dustries, farm organizations and .the federal government, he said. A research program into supplies and market oppor- tunities for farm goods was underway and the government would continue to finance research into the development of better farm machines. PRO Custom Cutting CONVANBUUREN 327-2631 JERMAIN SOENEN Specialists in cutting and wrapping of pork and lamb. WE ALSO HAVE AVAILABLE SIDES, HINDS AND FRONTS OF BEEF AND SIDES OF PORK PICTURE: BUTTE il Letk HUNTERS Call us for cutting and wrapping of your big game! THE UNIVERSITY of LETHBRID6E is offering PUBLIC SERVICES COURSES IN TABER ATHLETIC WORKSHOP ft COACHES CLINIC A one-day workshop dealing with athletic training and treatment of athletic injuries. SATURDAY, OCTOBER 5 Room, Tabor Community Contra A LOOK AT OUR LEGAL SYSTEM A look at the courts, civil and criminal law designed for the general public. WEDNESDAYS, OCT. 16-NOV. 20 WB IfbrfB ItilhiUll K. myviB nign scnooi, mvr FoatS RogteliMton for both CMMW tnv ooot OwfOfw mv Final leg Ocean-going tug tows the world's largest oil rig from the construction dock to the British Petroleum Forties oil field in the North Sea. The rig was towed on its side and upended into vertical position at the site. The British government is pressing with plans to build more rigs, and estimates of the total number of rigs needed by 1980 range from 55 to 80. Investor wants PWA information EDMONTON (CP) A minority shareholder in Pacific Western Airlines said Friday he intends to file an ac- tion in British Columbia Supreme Court for the release of information related to the Alberta government's purchase of the airline. Chris Harder said in a prepared statement he believes the government could have knocked million off the million purchase price. The action is being com- menced under a section of the B.C. Companies Act which allows minority shareholders grievance actions, he said. It is being filed in B.C. because PWA is incorporated in that province. Mr. Harder, who holds one share, alleged that the Alberta government takeover of PWA was initiated by major shareholders in the airline who were expecting a major slide in stock value. He said PWA officials tried to make a deal with Inter- national Utilities of Philadelphia through its Canada subsidiary, Canadian Utilities Ltd., before the" Alberta deal was made. STANDS ALONE Australia is the only conti- nent that contains -one country. Just a Reminder BEFORE COLD WEATHER STRIKES, TEST YOUR FURNACE AND OTHER HOME HEATING APPLIANCES NOW! Turn up the thermostat on your natural gas heating system now to make sure it is operating and ready for the cold weather to come. If you have extra space heaters or a garage heater, check them as well. If any gas appliances do not operate or if you cannot light the pilot or burner yourself, call your gas fitter or contact CANADIAN WEST- ERN NATURAL GAS COMPANY LIMITED week- days between 8 a.m. and 4'.30 p.m. for assis- tance NOW. HELPING YOU LOOK AFTER YOUR HOME HEATING SYSTEMS. canaDian western naruroLoas company umrreo Yellow Pages you know about White Pages can show you a thing or two, too! 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