19 Jul 1990
Page 1
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Jul 19, 1990
Page
1
Pete Rose, baseball’s hits leader, receives a five month prison term plus three months in a halfway house and 1,000 hours of community service for tax evasion. He faces potential six years and $500,000 in fines, and has a lifetime baseball ban.
Mohawk protest and police standoff at OkaQuebec enters eighth day as Canadian chiefs meet to plan strategy to force Ottawa into land claim negotiations. Norton warns of a new militancy while rights and legal actions loom. Siddon says no talks while barricades stand.
Lubicon Chief Bernard Ominayak and Enoch Cree Nation Chief Jerome Morin warned of sabotage and bloodshed if natives are killed in the Oka standoff. Morin vowed to destroy power lines and block highways near Edmonton if the army is deployed, citing loss of faith in Ottawa.
Dean Pelkey reports area farmers welcome recent rains in Medicine Hat after a dry spell. Lethbridge records 13.4 mm in 24 hours with forecasts for more rain. Farmers say late timing limits benefits for early crops while late-seeded fields gain from the moisture.
The Bank of Canada reduced its key bank rate to 13.59 percent from 13.67 percent as the Canadian dollar rose above 86 cents US. Economists say the drop won't yet ease borrowers facing high loan, credit card, and mortgage costs amid a 10 year high dollar. The Fed cut its federal funds rate to eight percent last week.
President George Bush confronts tough questions about his son Neil Bush amid regulators accusing him of conflict of interest as a director of a Colorado savings and loan. The issue intertwines with the S and L bailout, Democrats attacks, and politics surrounding the 1990 elections.
Five Albertans vacationing in the Philippines survived Monday's earthquake. Doug Anderson of Edmonton described escaping by tying bed sheets and climbing from balcony to balcony after windows blew out. David Brown and Nina Francisco with relatives left the casino minutes before the quake. embassy says two Canadians injured, none killed.
The town of St Andrews hosts the British Open drawing a quarter million visitors. Golf drives 700 jobs and vast economic impact while residents and historians view the game as life blood and cultural center of the seaside town.
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