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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 29, 1971, Lethbridge, Alberta THE IETHBRIDGE HERALD _ Wednesday, Srpltmbcr 29, 1971 Kierans economic theories called erratic ERIC KIERANS CALGAKY (CF) Another ill a growing list o[ attacks against [he economic theories o[ foimcr cabinet minisler Eric Kierans was unleashed here by the managing director of the Cana- dian Petroleum Association. Dave Furlong, in a speech to the Canadian Society of Explo- ration Geophysicisls here, said that Mr. Kierans's theories were orractic and that "their adoption w ould be disastrous for Canada." Mr. Kierans, an economist, has cr.lieci for limits on the ex- port of Canadian natural re- sources in order to encourage Ihc development of job-creating industries in Canada. As weil, he has spoken out against the use of excessive for- eign investment and tax conces- Umlcr attack sions to resources industries- saying such concessions cost Canadians a great deal without adequate rctia us in the form of jobs. He quit as communications minister April in disagree- ment over government eco- nomic policies. Mr. Furlong said that direct cash subsidies lo other indus- tries such as agriculture and fisheries arc "10 times greater than the total tax incentives given the oil industry." Between 1965 and 1MB, he said, government expenditures on goods and service were more than billion. Subsidies lo ag- riculture, the dairy industry, fisheries and a few other indus- tries amounted lo billion, while the oil and gas industry received tax benefits, "insignifi- cant by of Kierans's theory Uiat industrial- I nations wuuld beat a path The oil and gas industry lias lo Canada's door for ils re- provided western provincial sources, regardless of what re- Eovcrnmenu? with royalties and striclion were imposed, laics equalling about J4.GO bil- do not have a monopoly iion since 19-17, lie said. (on oil) and no one is going to "Indirect bcnefils to the gov-1 beat a palh lo our door if we ernmenls of Canada in gasoline I are not competitive." 1 Mr. Furlong said that he hoped the federal government would continue lo recognize "for some lime lo come" that for- eign investment is needed in axes, income taxes, sales taxes, etc., are estimated lo amount lo over billion." As well, the industry has at- fraclcd about a million more people to Canada and billion annually in gross national prod- uct. Canada. "Mr. Kierans's chauvinistic attitude to foreign investment is "I submit that these items another example of his refusal alone are more than sufficient to i00it al the consequences of to justify the taxation policy of Canada in the past and the con- tinuation of this policy for some time irilo the fulure." Mr. Furlong also rejected Mr. his own recommendations." The Canadian Chamber of Commerce, at its annual meet- ing in Quebec City Monday, also adopted policies urging greater support of natural resource de- velopment. DL'legales al the meeting en- dorsed one resolution suggesting that the mining industry lie promoted without reference to the possibility (hat development capital might be better used in induslrics creating more jobs. A second on natural resources said growth for export should be pomoled while the "potential effects of such action on other more labor-intensive Canadian industries" be considered. Injuries heavy in Viet fighting SAIGON (AP) North Viet- namese troops staged a half- dozen assaults along the South Vietnam-Cambodia border today in the third day of an of- fensive which the Saigon com- mand said has taken more than 400 casualties on both sides. Casualty figures from the Sai- CONTRIBUTE TO FUND COLOMBO, Ceylon (AP) The United States has contrib- uted lo a reconstruction find rehabilitation fund estab- lished after the abortve in- surrection last April in Ceylon, government officials said Can a fine, 108-piece service for 8 of dinnerware, flatware glassware cost as little as Here's what you get al the special low price of A 32-piece stainless sleel flatware service: 8 dinner forks, 8 dinner knives, 8 teaspoons, 8 dessert spoons. A 44-piece dinnerware service: 8 dinner plates, 1 meal plalier, S plates, 1 creamer, 8 bowls, 1 vegetable bowl, 8 teacups, 8 sugar bowl. A 32-piece glassware service: 8 eleven- ounce tumblers, 8 nine-ounce tumblers, 8 juice glasses, 8 sherberls. -believe it! during Peoples 52nd Anniversary Sale. Peoples' huge purchasing power does it again! Here's all you need to dine and enter- tain in style. Dinnerware, flatware and glass- ware for eight, at one very low price. The Ironstone Dinnerware is styled in the delicate yellow floral "Favourite Rose" pat- tern, by Ridgway of Staffordshire, England. Each piece is rimmed in 22K gold and is completely safe for use with automatic dish- washers. Imperial International has styled the quality stainless steel flatware in a complimentary rose pattern. Glassware is crystal clear, co- ordinated and hand-cut to enhance the beauty of your table setting. REPEAT OF A SELL-OUT! EACH APPLIANCE JUST Toasless Aulomallc Electric Frypan. 2-year replacement guaranlee.0nly57.77. Charge 111 SILEX 2-sPce Autematie Pop-Up Toaster. Features thermostalic eonlrol. 1-year replacement guarantee. Only Charge 10 SILEX Iron. Fun temperature range. King-sized sole plate with 19 vcnls. 1-year replacement guarantee. Only 57.77. ChurgoiU NO MONEY DOWN Samson-Dominion Automatic Electric Kettle. Comes complete with durable cord. 2 quart. Fast heat. 1-year replacement guarantee. Only Charge HI PEOPLES INSTANT CREDIT lets you take youfiielection home now! CENTRE VILLAGE MALL 13th Street and 2nd Avenue 'A' North Open Daily 9 a.m. to 6 p.m.; Wednesday 9 a.m. to 1 p.m. Thursday and Friday 9 a.m. to 9 p.m. Telephone 327-1303 gon command for the three-day period claimed 230 North Viet- namese troops killed, more than half of them by U.S. and South Vietnamese air and artillery strikes. Saigon headquarters re- ported 27 of its troops killed and 173 wounded. STV HIGHLIGHTSI WEDNESDAY MOVIE COMEDY: 8 p.m., Ch. 7. George Bernard Shaw's views on love art! money, with Sophia Loren and Pelcr Sellers. SPORT: Pro Football, 8 p.m., Ch. 13. The Montreal Atmieltes meet the Eskimos in Edmonton. CHILDREN'S SPECIAL: Peanuts, p.m., Ch. I. CbarJie Brown teUs how lie and JiJs friends, including Snoopy, spent a frustrating summer at camp. This is a repeat. SPORT: Sports Beat '71, p.m., Cli. 13. A visit to a Kitchener, Out., hockey school where the boys learn finer points of the a woman. MOVIE DRAMA: "Night Without p.m., Ch. 7. A young composer awakens with a hangover and the suspicion he may have killed someone during the night. THURSDAY MOVIE WESTERN: 1 p.m., Cli. J. A mixture of frontier courtroom dramatics and range roundups. MOVIE DRAMA: "We Were 1 p.m., Ch. 13. A film about conspirators who devise an elaborate plot to assassinate a Cuban dictator. Trimbles TV are listed by the radio and television Any variation in program shedule? is due to lasi- changfj by (he siaffons and is not the recponfibilify of fhc Herald or Trimbles Tire Supply. CHEC WEDNESDAY NIGHT THURSDAY 9.JS Jean Pauley John Oliver Show Richard Gordon Boh Heskeln Voice oYr Chin" Country Dlg.s! Tolal Informallon The Living Word News, Sport News, Sporls Ron Legge Show John Oliver Bin Cr Barry Hegland Cbecline Dgn AAcMaster Leo Dow AAike John Charles CJOG WEDNESDAY NIGHT a.rr Probe Doug Ander- Probe 1220 Show News, Wthr, Sporl THURSDAY News and Grain World al Six Elliot Prices Pequesl aclion CBC News Jack Thyi Line News, Wlhr, Snorl Malinee Rob Ingram Show Phone Bill Show Rob Ingram John Walker Show Wayne Barry World al six CHEC FM News Hourly Wlhr. Half Hour WON. THRU' SAT. Don McMasler Major Sporls Bob Ccncis Major News Mike Murry Don Hedman Major Sporls a.m. Don McMasler CBR if Radio 1010 Calgary WEDNESDAY NIGHT Age of Elegance Morning Show Morning Concert Men of Brass Music P Documenl Midnighl Rule and Revolulion ,_ Concern THURSDAY Ideas Network 6.10 Eye Opener National News News From 1he Capitals World at a Five Niqhts a ween Commenlary Thealre" News, Wlhr. Malince Radio Noon 1-15 Holiday Malinoe Atlernoon Co BBC News News Trimbles Tire Supply 327-2007 314 llth St. S. 327-2396 CAR CARE SPECIAL OVER MILES? FOR SAFETY'S SAKE DRIVE IN FOR A BRAKE RELINE MOT Vr GUARANTEE 24 months or miles Relinc nnd install bonded brake linings Check wheel cylinders Check master cylinder, brake hose, front benringu and seals RcpnckfrontwheelbcnrinKi LET JIMMIE DO THE JOB CJOC-TV Channel 7 (Coblevision Ch. 6) WEDNESDAY NIGHT Drop In Expo Baseball Vacation Canada 8.00 Movie: The Millionairess Andy Griffith Trulh or Consequences (c) News (c) Tclcorobe 7 11 Mi Movie: Night Wilhftur Sleep Spsamc S THURSDAf Lee Drew Somelhlng lo Think Movi About News Farm nnd Cily Lcc Drew (c) Romper Room Ripcord Mr. Dressuo Friendly Giant 10M5 Chez Helene (c) Our Tcwn T.ike JO Eclqe of Night Piychialrisl Dudman and (he GnlBxic Trio (c) Truth or Consequences (c) CFCN-TV Lethbridge Channel 13 (Cablevision Ch. 4) THURSDAY Pierre Bcrlon ht 'Dr Dav 11-305S North WEDNESDAY NIGnl Flinlsloncs (c) 5 30 Gideon's Way News (c) TEA First and 10 CFL Monlrenl at Edmonlon (c) VI Nows 1C) News Pendulum David Frost Uniersity of Air Bewitched Yoqa Beal 1he Clock House of Frighlen- Movie: Somelhing sloin (c) for a Lonely Man Uncle dobby Ic) Mnn Trap Program Hi Lights Another World fc) Fashions in Sewing Anylhing Parlons Francais You Can Do Cd Allen (c) Dick Van Dyke In ConvcrSiTion Buckshot 10.30 All About Faces Flinlslones (c) KRTV Great Falls Channel 3 (Cablevision Ch. 9) WEDNESDAY NIGHT Nows (cj News The D.A. Medical Conlre Mnnnix (c) Carol Durncll News Tonight Show THURSDAY Our World Today Show ir.) Nows Today in Montana The Doctors (c) Concentration Ir) Another World fc) Sale of Century Tfltje ot Nicjht Hollywood Squares Gomor Pylo (c) Jnoparcfy (c) Mcrv Griffin Who, Whal, Where Hillhilllcs (c) Game (c) Family Allair News Somcrsol Nnc Nltjhlly News News Snlulc Afjrlcullure As Ihc World Turns Nows KFBB-TV Great Falls Channel 5 (Cablcvision Ch. 11) WEDNESDAY NIGHT Ncwi Room 53? (r.) Fddlo's Fnlhor Smill) Family Shirley's World nnd Iho Clly News Tho Interns (c) Dick THURSDAY 10.jn Ul's Milke rt Deal Farm Nows (c) Ncwlywctl Gsrno News News k) A-00 Cnpl.iin Kangaroo Scrrot Storm Dinnh's Place Ont> Life to Uvi Jack l.aLnnno (c) Our Livos (c) :0fl Audrey (c) Gallop Inn Gourm' Whrrc Ihr llcarl I News (r) scorch lor Tomorrow All My Children Gni G.m 3-00 Girl Rrwitchr-d Priisvvord News (c) Ncwi lnl ;