LE NT waa teen aE ae ee La PAGE AM oa . 4 . . Published every Wednesday at 3212 Kalum St, Terrace, B.C. ‘A member of Varified, clrenlatlon: Authorizedas second class mail. Registration number‘, " 1201, Postage paid in cash, return postage guaranteed, ‘ Oa) witha the written permission ‘of the Publisher, 7 A weekly paper published by Sterling Publications Lid. GORDON-W. HAMILTON - The Hor: ahd retains Call, complote aad sule copyright! in any advertisement produced and or, ~ pdllorivt or photigraphic comeat published in the Herald. Reproduction’ is nol permitted PUBLISHER — cepTOR “PAT 0 ‘DONAGHY gTae at PAIR t. Sports,. (Advertising coy : Jas concerned? )- MARK HAMILTON ALL a be bras : Circwlatln a COLIN Goon; ee tts © W ill it bi _ of ELREEN TOOVEY - "WILL and BE TT ER moe F IENDSHIPS?, 2° ' NOTE OF ‘COPYRIGHT - a Will it be BENEFICIAL. ra “alls concerned? . - Canada’ 's national monetary policy would be seriously . threatened if provincial governments were allowed to become par! ‘ owners of banks, says the executive vice-president of the Bank of Montreal. Hartland MacDougall, ina speech to the annual convention of the Canadian Business Press, said Thursday thal politically-controlled . -banks, operated for provincial purposes, “could lead directly to thé 'balkanization of this country’s financial system.” Al (he same time, he discounted the claims of the four western — pravinces that Canada's big chartered banks are helding back the. _ development of the Canadian West, This viewpoint --that the banks, “_. rain deposits from the West and invest them in central Canada" was: expressed last July at. the Western’ Economic Opportunities Conference in Calgary. The Western proviness used ‘this agrument in calling for changes ,/*who'said_, the.pravinces shoud have the right to owt up lo 10 per oe cent: “of: the shares of existing banks andup to 25 per- cent, of new. eae tobe reduced to 10 per cent within i0years. te tintry’ ‘Ss monetary system in ‘shambles. : .“IV'ts inconceivable , he said, that if such changes | were- granted, “political: pressures would nol be brought 10. bear on provincial © . _. businesses, especially those that depend on the government for “sales ‘and ‘licences. “Would their. choice of. a hank nol be influenced by government. tontro! of'cne bank?” he asked: |. And as a provincial government exerts influences on a ‘bank’ s vs” policies, “the danger is that lhe provincially-cont olled bank cauld. “2, yield-(o pressures (o supporl. government projec|s: that a private chartered bank would deem uneconomic.” “Mr: MacDougall said that from the 10) "her-cent starting paint, . the. Wess 7a cespi te Sanigt SERGE ESns,, alsé, probably. bririgs with it the prospec! yolume of new construction, says The Bank of Nova Scolia in its alest: Monthly Review. It-is bui one of the many ironies of the - current situation, says the Review, that previously - made housing - at levels which many view as ‘prohibitive, and at the same time - apartment vacancies in some major metropolitan areas are ex-. tremely thin. “The unfortunate fact - “qwerhianging much of the debate: on housing - become ‘increasingly distorted and. blurred by the long phase. of = - fnflation. Quite apart from the underlying driving forces of rising _ population and realincome, the housing market-has been variously influenced by rising“land and construction costs, high interest rales, poor equity markets-and in. particular by changing ex-’ peclalions about fulure money incomes and future house prices - . expectations which, in the recent conditions of abundant mortgage.” "The wellknown post-war haby boom has for several years been'a dominanl-ferce in new household formation. This first showed up "as young people: took to apartments during ‘the middle ‘and late 1960's, then'in the early years of the present decade the bulge of _endencles have undoubtedly been encouraged by the strong gains . . In money incomes of the past few years and the quickening rale of -“entry into the labour foree by young people’tin preference: to conlintied schooling); ilmay well be thal (he recent. increase in : Separate household formation bas been vnexpectedly sharp. Similarly, the demand for single-family homes on the part of the. . earliest menhers of the post-war “bulge” has been Stronger than ‘expected - eSpecially considering the acute land searcities in the urban areas. Some of the strength of.demarid ‘has reflected: a ‘bringing forward of house purchasing,. sa far’ as financial con- “siderations have permitted. * The fact that the rate of housiig starls in Can da fas held up the United: Slates market-ls a: ‘good ‘Indieation of: the relative . sirengih of Canadian demands. «.: “ . While this. strong performance, taken’ as 0 whole, has been im- pressive, in certain respects che flow of | new housing has nal suited plans. Further, CCH added,’ another factor fo be considered hy employers ts that approval of a state'plan does nol -relieve-- employers In jhat state-of their” ‘thes Labor | Dosirinn enaciment af the Occupational Safery-and. Health Act. of 1970, nalés. Commerce Clearing responsibitijies under the House, ° + _ federal law. . : From the ime the “law went To ‘the contrary; they iniist.’ “into: ‘effect. on April 28, 1971 know both federal and slale job - \hrough dunuary. 31, 1974, the — safety and health requirements: )propdsed- business “bill” for. | Clearly, CCH suid, it is alaw:'* ; alleged y vidlations resulted from - employers must reckon with. ‘To “mores ‘than. 130,000;work place © inspections by compliance “officers: d Employers: ‘Gre. ‘coming, lo recognize ihpl \the. job safety jaw must be reckoned wilh; just ‘as business and industry had (o yp va the Wages under the law. : the Fuir, Labor 2 E Written in’ plain language, ‘the: te ‘buok provides (reatmenl.of the alt the” fediral. important rules affecting Safety. esehed, on ‘the -job safely: ~ Standards, Inspections: and eallh front, “thé: slates , them Citations .plus full: chapter, elyes.care> moving with “coverage -deallng | ‘with “ad- elermination,.. CCH ‘noted. ministrative hearings, on: these -; Wain s-half have: Oo: publication of Guidebook, 1 Occupational Safery And Heath’ book is designed: to’ help em: ~ players’ meel “thele’ obligation: “law that. ‘concern employers. amg tae ~ Monetary Policy’ Threatened : _.of its branches in the western provinces, which contain 26.6 per eent * . banks. ‘These changes were promised by Finance Minister Turner, - MacDougall said this kind of “lampering” could’ leave the ; “the pattern of demauiie, Apartment constriction has been tairly oppaytunism .,. : ly tainterrupl the upward spiral in house prices, ens ig ihe eeu eat Pau alee ee a ee Rati: ied af @ more moderale * percent but during 1973 a distinct tightening occurred, the rale by projections have ‘paled’ beside Ihe aciually achieved rates ‘of new - housebuilding in (he past three years -and yel house prices are now - is that the forces of housing demand and supply have , . ' provinces would inevitably start using ‘nels clout lo échieve™ ‘abs, ° solute control. Introducing such an “unknown quantity #94 inlo monelary policy «. would imperil the stability of Canadian banking, one of the strongest systems in the world, he added. Mr. MacDougall said Finance Minister Turner agreed ta! open the : doors of banking lo the provinces even though he held Information which refuted ihe western claims of monelary discrimination. - ‘He noted that the Bank of Montreal, for-instance, ha’ 36 per cent = THE HERALD, TERRACE, By C.. ‘ 7 EXPOSED NAVELS ‘AND MY BAD BACK. “Biely: year | jook forward | "+ eagerly tothe last part of May -and the first part ‘of : “June. Once again - ‘the. world is green, the days are longer, it ~.is: no. longer’ brass monkey, :. os weather,: the trout season is: ~\ open, the golf: links beckon: ca ‘* herent, and emphatic para- Best. of all, end of term: is --nearing, * holidays looming, oa Vil-be ‘able to forget - ©, those juvenile friends for two! T Ea golden nionths: Lo «What: more-could'a mani,” “want?~ And yet, every. year at this: time | am. frustrated bilterfly. '. There are’ a: umber of: +. villains in this particular tra- \gedy: Meetings ‘proliferate... ae - Every time I should be listen- “ing to the solid crack of a - - drive or the lovely clunk of / a golf ball going into thé cup; I seem to he sitting at a meet- ing, listening to some ittter- ly inane suggestion that yet 2 another committee be form: : — ed to lovk into nothing or - as a frop: who. thinks he's a i ' other. « Warm weather? - ?Yeah, sthat’s nice, But it makes the * _ students coltish, to. gay-the |; least. And ‘in these’ days of ‘permissive school “dress, it can be — totally. confusing. - There you are, trying to teach the elements of a unified; co- graph. And sprawled tight in - front of you is‘a’ young wo- man; physically, at -least, a= veritable Daisy Mae, ‘in a backless, bra-less: halter and ‘a pair ‘of shorts so short and “so tight they look as though pletely lost to the beauties * of communication via’ the printed ward, -Her thoughts _ * “gre fixed an a different kind - ‘of communication, the kind -she's going to share with Joe, when‘ he picks her up after. * supper. The only-pait of her that.” ispaying any attention what.’ ever “to her English teacher Hiey've. been, put, on ith a" “paint roller. :°* or Blank-eyed, the is com _ “ren to climb a foity- -foot lad- der, with a forty-pound wine ts WEDNESDAY, JUNE 12, 1974 is-her exposed navel, whic “stares at you, dnwinkingly. End of tern approaching in Great. But what 19 this-vait pile of paper beside my desk? Three, sels of termi tests, two | sets of. creative writing, two . sets of fresh endings: for a.- play. J've tried: staring at them malevolently. ['ve iried : _ spilling coffee on them. tried- dumping the asancay on them, accidentally. But’ they merely smouldered, like’. me. They. won't go away.. -. They have to be marked, Not - conductive to trout fishing. -. Well, you'll say, these are ~ malo ‘things..If Smiley was *, ‘organized, he- could, ‘cope with. these irritations, ‘and ~ still enjoy his late spti ng. True, But | haven't intro-. duced: you.to the real beast . on the. roster. This is the estate. . Every fall; 1 pet tte place cleaned up. Last fall: we pul out ninety: plastic bags -of ~ leaves. | got a guy. (0 put on « ~ the storm windows, lot bee °°: | - ‘eld power mower; in: a: fit cause I'm lazy, or can afford™ _ it, but because I'm too chick- dow, ina forty-mile wind. “And this spring we've put bags” of... out: already: forty ; leaves, left aver from. das! fall, plus. another twenty . >.” bags. of acorris and twigs . and there are still thirty “bags stacked against the side. ‘of the house. - hal I télll her the nial ba a! simply ‘hayen't.time to a, this work, Besides, 1 have this bad. back?" which: gets sore every’ spring, for some reason... [t’s~almost. impas- ” “sible to :hire ‘kids ‘to: de the -- work, They want more,than it -would’ have ‘cost-mte’ to - have somebady rubbed‘out, in the Chicago.of the. 1920's, So this spring, the Old Bat- : deaxe, urged: on by: friends anime, took a whack at it, -Her: previous help with the - “yard” has been confined to, * “Bill, "When are you going ta ~ get this place eleahed ‘up? ‘What will the nellybuurs think?” I'd hate fo tell you OUTS can think, if they: want lo. “Anyway, after, abuut five "days of raking'and stuffing . -bags,- she, burst out: with, "Dearie me, Bill,” (or. words lo. that effect), “this ist’t:- a, “backyard. It's .THE-LAND.”’ She felt like.a pionceratry- : ing to clear enough: to live "L. had: rid: myself of my of gentle rage, when | could- > sen't starlit, You ‘can't hire a “kid with a powder 'mowat; So ‘T-bought a new: one-T'got "one_of my, students to'run “it, only by threatening that ‘Td fail his year ithe didn't.- “The lawn is cul, There are only eight flower-beds left to ake and. dig.,;And. the ‘storm windows arestillon, | The Argyle Syndicate Ltd. ‘of. Canada's population. Furthermore, 30 per cent of the Bank’s directors are western Canadians, and they sit on ‘regional board committees which deal with majer loans in their respeclive areas. Inaddilion, the Bank operates on a regional basis, wilh divisional _ olfices thai have a high degree of autonomy. lo: the. Bank Act-which would allow them to hold-voling shares in’ ’ In his ‘speeti, Mr. MacDougall gave a brief sketch of Ihe” - Letters to the Editor evolution of Canada's banking system; how through periods of - ~ financial growth, uncertainty and depression {he number of banks was cul down from 34 to the current nine chartered institutions,” Along with this evolution came a number of controls “That serve ‘BS a protection for our financial system and for you who depend on thal system." The exclusion of provinces from banking was one of these controls... Banking is aninlernalional business, he said, and the very size of | the Canadian banks, which is being questioned by their critics, has’ contributed greatly to Canada’s development. If provinces slaried “““Shrowing their weight around ta this sensitive area” with its national and inlernational pitfalls, the result could be ruinous. - One need only look at the record of federal provincial conferences in past years, he said, Lo-see thatthe 1wo levels of government are ” frequently. in conflict.: And’ if eoncessicns are-made that. allow - provinces lo make inroads into banking, conflicts over monetary policy can be expected.- - a trains i in. ‘Canada’ ’s Housing Market stable since,its peak In 1969... For (wo or, three years fater.this, peak; national vacaney rales for apartments stood at wrelatively high 5. year-end dropping té.2.2 percent (and as low as 1.5 Percent ‘in Abe: large. Toronto market), , Even ihough the ‘population pressures are strongest in ‘the large” metropolitan areas, theac(ual supply of all types of housing has not been proceeding there as quickly as in other areas. Last year most of the surge in starts of: single-family homes was quite evidently .... taking place outside the census metropolitan areas. It is diffieuil to know precisely what has been underlying this very -high activity, but in part it reflects development close to the fringes, of metropolitan. boundaries, pushed outwards by’ prohibitive land. costs... | The high: rale | or housing construction ‘has: naturally had its : counterpart: in mortgage lending aclivity. Because of steeply 7 ~ Hsing average prices, however, the dollar volume of moarlgage Inflation Leaders It was shocked. lo seea great. pomp and show at the Stanfield Rally. in Terrace.. beautiful Hoopla Band! Is this a good example (o show (o the ; People on haw lo fight ination? : Hera.is a leader, who can:con- done, an expansive campaign . ‘and such an exhorbitant profit. a8 600 percent. by. British | Petroleum bul will -candemn fiberal Government,” spending > SAW among ie audience, There were School Trustees who gave’ ihemselves about 300 percent _ Faise and they gaye enthusiastic applause to this. antlinflation “speech withoul feeling em- ‘barrasement. \o .(hemselyes. There -were some membets: ‘from City Council who got 125 ‘percenl raise in:less ‘then 3 years and they left no° con- tradiction belween applauding {bis speech and getting such a big raise. | What ‘a - double slandard! These same-elected . Whal..a- _ Socialist may proclaim himself a.‘‘democratic’’. socialist, pointing to, and identifying with the British Labour Parly or the Swedish welfare state;: it is inleresting 10 not how the communists themselves. ” view _ the socialist. For. example, Professor $. / Popov, Doctor of Philasophical Sciences; writing in’ Meloday ‘Kumunist (The -Young - Com- munist) No, 5, Moscow i969 - ‘pages’ 20-95, says?” "The ‘Coin- munists regard the working socialist. as {heir natural allies in the .common struggle, being carried oution a uniform: front for ‘socialist.ideals’ - although : the policy of united action with the social democrats does. not-- ‘rule out ‘any ‘criticism of their ‘in’ the . revoluntionary “Overllirow of capitalism and in ‘building up, socialism and communism.” - Today, Brilish Columbia finds. ee Ne . itself a litte bit pregnant with: © . Waffle-type socialism, Only.’ ; time. will tell what. kind : of bureaueralic monster. will ~ emerge in the months (9 come! Yours sincerely, Patricia Young. aS well as currently held public office. form of asset disclosure by (hose who were seeking office, ‘by those who One bad feature still remains in the Government Bill and. that is il provides thal a person who is Involved ina “Conflict of : interest” situation » must only return. ment hardly fits the crime. The “BU which -[- introduced. -and - which is still on the Order Paper provides for a, process ‘which, would remove such, te person from office,” Furthermore, the Govern: ‘nem Bill still does not provide, — as the Social Credit Caucus Bill |: provides, ‘an independent ‘as any -monies gained’ © ‘hereby, That: type of punish- proposal whieh wabigo bad legislation ‘in its . original Yours’ sineesey. non-political procedure for investigating and responsibly acting upon a suspected “conflict of in real" com- plaint.. ©.» The. N.D.P. ‘Gav rument ‘Is developing a very 'sorry-recérd of Legislature proposals: damped: into ..the’ Legislature with very lilite (hough. I, therefore, adniire the way Incally élecied governments gislative responded 10: a clearly form and. still. needs ‘amend: _ ments which our Party -will put : forward. uri the Committee! . stage. ~ on a af. W. R. Bennett | a apraieg ag paanaaats 4 DOJARS & : coop ENSE é bi WALIAM L MARTIN t motorist spends a lot ‘more Money on automotive service - ~ than necessary, says one expert, George Brown, general serve. ok may’ not come as a big _ Surprise to you, but the average 2,000 miles is not only ‘capuld: ered a waste of tinie and money these days -but- can -actuaily _ damage some grease. fittings and motor seals. Engine; tune: lips aren't necessary every,5,000 ot 6,000 miles elther, A’ “com- ice manager of ‘American Mo-".. . ciste check every’ 15,000;mniles * funds, have been finding. expression in’ (literally) concrete (erms,’. lending has risen considerably more sharply. Financing of existing houses has been especially heavy; higher, values have tended ton necessitate mortgage refinancing on (he transfer of property, and - “ihey have also induced ‘existing house-owners ‘to up-grade ‘helr” accommodation: Total home mortgage approvals on the part-of private institutional lenders rose lo almost $7 billions last year.(on. “Public” public men will disapprove a 12 percent. demand from - their employees as inflationary. Have we become a nation af ‘gutless people who. can'l speak up’ and tell these leaders. to “Pracilee. whal they preach? Disclosure : demarid has been deflecied {awards single-family’ homies. These . firmily for at'least 12.:months alter the onset of 4 cyclical decline In - _keep up abhormally/high'raies withoul running. into capacity or: : n aur Sociely. Administration. - ‘approved _ explained: common problems *.: this end,” CCH. announces. - 1974 Edition. This. 392. page," aind understand, their. vn ; :| reproduces;: _ organizes. and: <‘poinis und other areas of: the °, a gross basis),.and the average for three years: 1971-74, al” $5.2'- billions, was (wice the average of (he preceding ihree years. Thal the intermediaries have been able to channel such volumes of funds, into mortgages has partly been a. reflection of the rejalively.- low. pressure of financial requirements in other sectors ef the econo notably” tha federal government:and carporalions. ° * Indeed; ‘by. comparison with: other ‘sectors of the economy, ." : housing has béen particularly preminent for som? while now, both, in terms ofthe’ share of real resources being directed la. it and, . s, Singh ‘mare particularly, i in Lerms of the Mnancial resources which it, has: altracied. | The developments in. the mortgage market In receni weeks have in a sense highlighted the frictions brought about by. _ compeling demands for funds in the economy, and llere isa clear: * implteation, hal martgage flows cannot be long sustained atthe” _ Yates of expansion thay have recently enjoyed. From the'physical aspect ,{oo, new house-building activity is unlikely ta be able‘io. ther Supply problems: Th simplest (erms, the Bank caneludes, whal is emerging is another classic problem at selling priorities “ re This Second Edition” ‘of the: . Guidebook surveys: provisions |. of the law.and the regulations, : standards, administratlve| rulings and ‘itlerpretations: . -. ‘issued. during * the “last: ‘three wt yeurs. 2 : ‘ Rigiis and ‘dunies “ot. ‘em. Fortunately we still have two : frue Canadians like Paul Emile Cardinal Liger’ who ’ practise what they preach. His motto of life "The lime has come to turn words into deed,” should be the Boal of all of U5, -. Editor: Dear ‘Sir: me No matter. how: hard: ‘he positton, that it provided! for a “ployers aid employees are gre: discussed-“and possible Dear Siri, : The: Public’ Disciosire “Aa introduced ‘by. the -N.D:P. “1. Government, ~is-. yet, another . ‘ example: of legistatlon’ ‘which ot was ‘designed in, haste. . : Like ; _ Pregnant the Assessinen. Equalization. ‘Act which’ was ~introduced last year, the Public - . Disclosure” Act shas. 80° badly designed = that: it. could have : local.’ Government. :- crippled." The Bil is still faully in ‘many respecis, bul. was pleased, as Leader of (he. Official ~- Op- solutions offered. CCH noted thal the Guldabook = is not a Substitute for reference * 10 the law, regulations, rullags TELL NER WHat, ‘and. standards: for answers “to... - Baa pein gn ,partieular: ‘questions on. job... PARC. BALL safety, and health subjecia.:’ “BOOTS AN ILE . “GIVE YER. “ Bay & ME LOVE,” ‘the publishér B Empliyrient r “Salety. And. Health .Guide: i e) malyses the.-material upon. hich: lhe: ‘Guidebook, if based. ‘Specific - references. are , 4 - provided © throughaut the, “eg oy Guldebook © (¢.: the: pame . : prehelslye looseleat Guide. ease) | SNSUTARARN Se AA IVP SCOTS OUT.OF MY , . ay LOVE!) ‘ BINGO WINNIN'S Oigoe - 7 ?. , of 1 ADMIRE A BLOKE VS wl PRINCIPLES 4 y tors. Comp.,’ cals: most:-of the problem the result of old habits S that are herd to break. Cars ara’ serviced :too , fre~ quently, and many Unnecessary : adjustments ate made. simply. because an owner has always had such’ work done; say is plenty. “When cars do tequite service, ‘ selective replacement of ‘worn . ‘parit:.can produce big agvings; Perhaps ‘all ‘the spark -plugs ~. don't need replacement? Maybe “all the ‘adjustments of a frout "fnew oak mane an 7 “wal would, gg. -~ then demand that only ‘those "eliminate alot'g > ¢)-.. fa ,» repairs which are necessary aro ef these: trips’ 1) 2". performed will it become agtand- . to’ the :garage: F f. # . ard practice, reports Brown’. . ' " today announced thal the Ad- ; ; two months.’ * “various needs of the physically | ideas and suggestions may pe handicapped, -and’ hasbeen -/Tecalved from (he handicagipad np in the following areas: « | [Pe rons gare and:health care ‘benefits; “ newspapers in the near ful + Willigma Lake ‘and, Nernon. -:;. ” “melropolitan ; ‘centre, sald, “20BIBL): end ‘aligament aren't required? - a Only when all car owners re- quest an accurate diagnosis’ and ‘Brown.Agood ~- * Readers’ questions aré‘iwel- “come ond should be tent, fa . Box 3875, Londen, Ourarie, Lubricating -""': a car every 1,000 miles and changing the oil every 1, 000 or : ‘on the N Needs of the ms eS Physically Handicapped ‘Levi. . “Tam hopeful that: ‘feadback tothe Committee will: dasist ‘them in their responsibility of « a making -’¥ on-going | reeorit ' menda Hons jo Goveramend with . -: respeel-té the. Improvemedt of “services, ‘1o ‘lhe -handicapped.” The “Committee's | "treat ~ ilnerary will include: visi: : local facilities and programs for the handicapped, “and: ‘opeh {forums - * where “aripfa, The Honourable ‘Norman Levi, visory Committee on the Needs ‘of the Physically Handicapped ~ will be-visiting various ‘centres “la the Province over. the'nex! 7 The ‘Committee, under the. Chairmanship of Ms. Merle. Smith,” Coasultant ip . (he “Minister | of Human Resources, was. formed.in November, 1073 lo “advise ‘the Minister on the. Architectural. barriers. and’ themselyv Tehabililation personnel inthe : “housing; Income - security; ;-general public, - Full details of __ Employment, edutation and - the “| Cornmittee’s ititePary . ‘recreation; Personal attendant’. Will,-be announced : in peal _ Transportation. . The Committee would p fer | The Committeo'’s tour ‘will that’ briefs“ be” submiited’ in _. begin in Parksville on June 20t0 "3 advance of. their visit. (yand. Other centres (0 be visited,” Therefore,” all briefs: fis “will thelude- Terrace,’ Nelson... enquiries should be directed as + 600N AS possible to!. Ms; Merle “Smith; Consultant on the Néeds ‘[ 7 of the, "Physically Handicapped, “n' Ig: the ‘Commiillee’s in” “tentio’ to visit areas where Wide ranging - services. ot: the:. tar , Department: --of ° “Huimdn jdidappéd’ are “not “os - real y ';; Resources, 800 Cassiar Street,” -available::. ilp.; dare Vancouver, ,, iB; ¢ Tplephe 8 : t,