Alberta Resources Railway faces opposition in legislature
In Edmonton the Alberta Resources Railway bill passed second reading amid Liberal protests and Conservative accusations of bungling. Critics cited lack of feasibility studies and freight commitments, noting the line between Grande Prairie and Solomon may cost far more than the 60 million borrowing cap, now reportedly exceeded by 11.5 million.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta Resources Railway
Railway Corporation
Wilderness
CNR
Grande Prairie
Solomon
Tou Hyndman
Bill Switzer
Edson
Dickie
Liberal leadership race narrows as Trudeau rises public bets
Ottawa reports show Trudeau moving ahead in the Liberal contest with Martin and Hellyer as main challengers. Polls indicate Hellyer trails, while Martin maintains steady delegate appeal, especially in Quebec, amid organized campaigns and shifting delegate loyalties before the convention.
MENTIONED IN THIS ARTICLE
Camp
Trudeau
Hellyer
Ottawa
Paul Martin
Quebec
No interest easing seen until war ends
Ottawa and Toronto reports indicate Treasury Board President E. J. Benson says no significant easing in interest rates until the Vietnam War resolves. He notes Central Mortgage and Housing Corp may set 8.75 percent, with NHA insured mortgage maximum rising to 9.125 percent, and urges subsidizing housing if needed. He also targets land speculation limits and municipal adherence to the Building Code.
MENTIONED IN THIS ARTICLE
Toronto
E. J. Benson
Treasury Board
Benson
Urban Development Institute
Central Mortgage and Housing Corp
National Housing Act
NHA
Mr. Benson
Vietnam
Northwest Nitro Chemical Plant announces 1.5 million modification program
Mayor Chuck Meagher announced a 1.5 million modification program at the Northwest Nitro Chemical plant to broaden the product line with prilled ammonium nitrate and high analysis nitrogen phosphate fertilizer mixes. Northwest plans to bring in engineers from Commercial Solvents Corp. for early construction, with no expected job losses.
MENTIONED IN THIS ARTICLE
Northwest Nitro Chemical
Chuck Meagher
Meagher
Northwest
Commercial Solvents Corp
Medicine Hat
Roy Archibald
Don Flood
Economic Development Committee
Ald. Roy Wiedemann
Economic policies under debate for Liberal leadership convention
Ottawa reports a narrowing gap among Liberal leadership hopefuls on economic policy with less than a week to go before the convention. Walter Gordon, former finance minister and ex Privy Council president, may spark interest as one workshop session focuses on economic affairs including foreign investment and control of capital.
MENTIONED IN THIS ARTICLE
Ottawa
Liberal
Martin-Sharp-Hellyer
Trudeau-Martin-Hellyer
Liberal Party
Canada
Pierre Elliott Trudeau
Finance
Mitchell Sharp
Martin
Trudeau
Hellyer
Walter Gordon
Privy Council
Gordon
Security Council to debate Arab-Israeli clash after Jordan front fighting
The United Nations Security Council convened in urgent session following a major air and artillery clash on the Jordanian front. Jordan and Israel requested action as fighting surged along the Jordan River, with Israeli jets bombing Jordanian positions for hours and both sides trading fire.
MENTIONED IN THIS ARTICLE
United Nations
Security Council
Council
Jordan
Israel
Beisan
Jordan River
Cairo
Damascus
Baghdad
Beirut
New York
Muhammad H. El-Farra
Yosef Tekoah
Ousmane Soce Diop
Senegal
Guards Enforce Peace In Memphis Protests
National Guard rifles enforced peace in Memphis as protesters for the striking garbage collectors carried on on a smaller scale after a march of about 6,000 turned violent. One person died, 600 injured, and 300 were arrested in the riot and subsequent unrest.
MENTIONED IN THIS ARTICLE
Memphis, Tenn
National Guard ‘Rifles
Memphis
Dairy farmers gain 10 cent hike in 1968 69 policy
Ottawa announced a 1968 69 dairy policy raising the base price to 4 85 per hundredweight for milk shipped to dairies creameries and cheese factories with 1 31 federal subsidy offset by a 15 cent holdback to support skim milk powder exports. The plan also adjusts subsidies by quantity and quality with a 12 000 pound production threshold and a subsidy geared to milk and cream quality.
MENTIONED IN THIS ARTICLE
Ottawa
Greene
Farm Organization
Canadian Dairy Commission
Commission
National Dairy Council
Glen Cole
Dairy Farmers of Canada
Fires drive thousands from three downtown stores in Chicago
Police increased street patrols and arson probes continue after a string of fires hit three major Chicago downtown department stores, causing millions in damage and forcing thousands to evacuate. Red Alligator wins Grand National Steeplechase in England. Yuri Gagarin's ashes interred at Kremlin wall after solemn procession in Moscow.
MENTIONED IN THIS ARTICLE
Chicago
Aintree
England
Moscow
Yuri A. Gagarin
Kremlin
Red Square
France Holds Back as Paper Gold SDR Plan Nears Global Agreement
Ten major non Communist nations near unanimous accord on issuing Special Drawing Rights to back world trade, reducing gold reliance. France resists, urging U.S. balance of payments first. UK Canada Sweden West Germany Italy Belgium Netherlands Japan support. Switzerland observer. No formal vote planned. accord expected with possible French veto.
MENTIONED IN THIS ARTICLE
Stockholm
France
Ing
Rio de Janeiro
Brazil
Michel Debre
United States
Canada
Sweden
Britain
West Germany
Italy
Belgium
Netherlands
Japan
Switzerland
Rio
International Monetary Fund
U.S
Also Mentioned on This Page
Little Cloud
Pierre Trudeau
Paul Hellyer
Sharp
Mike McAllister
Melville Watkins
Watkins
Eric Kierans
Revenue
Turner
Portfol
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