em TTT Te

TUL hii

*& At a press conference in Ottawa held on his return from Japan, Trade Minister C. D.

Howe said that Japanese industrialists

were anxious to see a steel mill constructed in

B.C, Japan, said Howe, would rather buy pig iror. or ingots from B.C. than iron ore as at
Present. Howe told the conference that he intended to investigate the possibilities of es-
lablishing a smelter on the Coast, which meant “finding an ore body to warrant a smel-
er.” Picture above shows 4a steel ingot being worked at the Vancouver Rolling Mills plant in

ancouver.

Stop goading Soviet Union, China,
industrialist tells politicians

TORONTO

a Charge that too many of
Bt Statesmen are ‘“‘swash-
Ucklers” grimly arranging

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HASTINGS

the destruction of mankind
was levelled last week by
Cyrus S. Eaton, Nova Scotian-
born iron and rail industrial-
ist, in a press interview here.

Appealing strongly for peace-
ful coexistence of the rival
systems of capitalism and so-
cialism, Eaton . warned that
either both learn to live to-
gether or perish side by side.

He declared the West could
not match the combined man-
power of Russia and China
and that the logical conclu-
sion was “we've got to stop
goading, prodding and chal-
lenging Red China and Rus-
sia.”

Eaton is chairman of the
Chesapeake and Ohio Railway
Company, the world’s largest
coal carrier, head of the Steep
Rock iron mines, vast iron de-
posits in Ungava, and a leading
figure in the U.S. industrial
world.

For the past two years he
has been conducting what are
termed “think” sessions at his

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Pugwash, Nova Scotia birth-
place. This past summer there
was a Study group which in-
cluded scholars from the So-
viet Union, People’s China,

Israel, Germany, the US.,
Britain and France.
The industrialist deplored

the use of war as a means of
settling . differences. “Some
will say such a method could
never succeed, but one thing I
can guarantee you: World War
III won’t succeed. We stand
a very good chance right now
of exterminating the human
family.”

Recognition. of People’s
China was inevitable, he de-
clared. “We are just hypno-
tizing ourselves in the extreme
if. we try to pretend a nation
of 600 million persons does
not exist.”

He continued by pointing
out the great cultural tradition
which China had, its ‘mar-
vellous literature and great
artists.’ China was one of
the oldest civilizations in the
world, -he said, “we are not
dealing with a lot of barbar-
ians and savages.”

He added that while he was
not endorsing communism, “the
Chinese feel it has improved
their material wellbeing.”

NEW ZENITH
CAFE

105 E. Hastings St.
For the Finest in Good
Eating

PUBLIC POWER

ouncil gets

ffie’s

plan

In a letter sent this week to City Clerk R. Thomp-
son, Effie Jones, president of the Civic Reform Associa-
tion and independent aldermanic candidate in the coming
Vancouver civic elections, put up a strong case for the
Mica Dam power development becoming a public utility

under control of the B.C. Pow-
er Commission.

letter Mrs. Jones
urged that city council “re-

commend to the B.C. govern-
ment that the Mica Dam be
built by the B.C. Power Com-
mission, thereby excluding
private utility corporations and
thus assuring cheap power for
industrial development and do-
mestic use.”

Mrs. Jones outlined three
arguments favoring develop-
ment by the B.C. Power Com-
mission:

In her

1 A publicly owned utility

can borrow money at lower
rates and is free from other
financial burdens such as cor-
poration taxes. It would not
have to pay dividends which
a private company must bear.

An additional factor is that
federal authorities are now
considering tax-exempt bonds
for large scale public works.
This would make the Mica
Dam even more attractive than
ever as a public project.

2 The B.C. Power Commis-

sion has estimated that it
could produce power at Mica
Creek for $17 per thousand
horsepower year and that it
would cost a private utility
$28.80 — a saving of $11.80 per
horsepower per year, which
could be passed on to indus-
try and consumers in the form
of cheaper power and electri-
city bills.

3 Examining the overall cost

of Mica Dam, the B.C.
Power Commission’s Charles
Nash, director of load develop-
ment, has said it would cost
consumers $15 million more
in annual operating costs if
the Mica Dam were built by
private companies rather than
the B.C. Power Commission.

Court rejects appeal
of Tunnel leaders

Conviction of Arthur An-
dres and William Hunchuk
was. sustained this week by
B.C . Court of Appeal. The
leaders of the Tunnel and Rock
Workers were sentenced to
four months in jail on charges
of criminal contempt, arising
out~ of the recent strike in
which members of their union
picketed major construction
jobs.

Andres and Hunchuk, presi-
dent and secretary of the un-
ion, conducted their own ap-
peal,

Trade stamps
out in city

Vancouver City Council this
week turned thumbs down on
the introduction of trading
stamps in any form within the
city limits.

Trading stamps, which are
used by some food stores in
eastern Canada, are purchased
by the storekeeper and given
to the customer with every 10-
cent purchase. The stamps are
pasted in a book supplied by
the storekeeper. When the
book contains 150 in stamps,
the shopper gets a free prem-
ium.

Experience in the east and
in the U.S. has shown that
competition inevitably causes
one firm to try to outdo an-
other int offering prizes with a
resultant increase in the cost
of goods to consumers.

Vancouver’s licence inspec-
tor was instructed to refuse a
business licence to any firm
issuing trading stamps, with-
out first referring the matter
to council.

Retail Merchants’ Associa-
tion, Downtown Business As-
sociation and the Better Busi-
ness Bureau have started a
campaign against trading
stamps.

Ald. George Cunningham,
head of the largest drugstore
chain in western Canada, said
that trading stamps are “a
vicious and parasitic form of
merchandising.”

Earlier in the year, C. L.
Carlson, president of the Gold
Bond Stamp Company, one of
the three largest in the U.S.
came to Vancouver to see if
he could find a market for his
promotional schemes.

Wherever this type of pro-
motion has been in operation,
organized labor has roundly
condemned it.

CUE

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Hand Rolled Finest in Dutch
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CUES S EEE SELES ERE EEE EEE EN

NOVEMBER 23, 1956 — PACIFIC TRIBUNE — PAGE 9

*