PAGE 4

-GORDON HAMILTON

“PRODUCTION. ly

Any success that may be achieved
by the new Canada Development
Corporation — no matter how slight —
will be regarded as a triumph by
comparison with the skeptical ¢ €X-
pectations of its critics.

Truth to tell, the corporation is an
odd hybrid. It is set up by federal
legislation to invest public and private
money in projects “‘likely to benefit
Canada” and to make maximum
profits for shdreholders. Can it do both
at the same time, or only some or none
of each?

This is the question to be answered
by the performance of the 21 directors
named by the federal government this
week. They comprise a heterogeneous
group drawn from all parts of the
country, mostly from the upper-middle

‘ level of the business community, but
leavened by one woman academic and
a trade unionist.

There is to be no boss. Instead,
there are to be two co-equals at the top;
an extrovert financial executive from
Montreal and an introvert civil servant
from the federal cabinet's secretarial
sta

This corporation is to get into
business with $100 million to be ad-
vanced ‘‘as required” by the federal
government, followed by up to $75
million annually in each of the next two
years. If it seems to have compiled a
good record at the end of that time,

'

~Ganadians wi be invited to Rtertas ue

“gach “ue ‘up to'about $2 billion.
It can be taken for granted that

san eree Woe

the herald:

PUBLISHED BY |
NORTHWEST PUBLICATIONS LIMITED

Published five days a week at 3112 Kalum Street; Terrace,
B.C. A member of ihe Canadian
Publisher's Association and Varied circulation. Avthorized
as second class mail Registration number 1201, Postage paid
in cash, return postage guaranteed.

MARY OLSEN

P.C. BOX 399, 9212 KALUM STREET TERRACE, B.C.
MONDAY, DECEMBER 6, 1971

Daily Newspaper

KEN FISHER

NEWS ADVERTISING

Now to push the
five dollar shares

stockholders will not be attracted, nor
pleased after they invest, if it appears
that the CDC is being used or may be
pressured by the federal government
into using its funds to bail out failing
industries in depressed regions or to
block foreign take-overs of companies
for which there is no other Canadian
rescuer,

It goes against local pride to say so,
but the government's influence was
being exerted before the corporation
even got off the ground. Prime
Minister Pierre Trudeau announced
his government's wish to see the head
office of CDC moved to Vancouver
from Ottawa within two years.

This was seen in some quarters as a
political decision to head off rivalry
between Toronto and Montreal.
Vancouver, of course, is admirably
situated as headquarters for a young
and growing enterprise, but the
directors are not to be permitted to
make their own decision on grounds of
efficiency or administrative con-
venience.

Well-wishers of the wait-and-see
variety will say that the CDC can't be
all bad. They will have noted that the
New Democratic Party has described
it as a “sell-out”
nationalism and by some business
interests as a venture in “backdoor
socialism,”

Some time in 1974, according to the
present schedule, Canadians will get a

haben bare

“su meat aie
- Vancouver Sun

of economic:

couver:: businessman Davif
Bader’ has: sworn out: a s

es 5

, a] “The finales is aga
eri

. Die. McLean Publications L

: Mp. ‘Bader alleges a copy 0
‘McLean’ 8 Guide, purchased a
s oard the government ferry

# . Queen of Saanich’ last Tht

a aday; carried a liquor ad.

A Delta “magistrate atlow
the summons to-be issued Mo
day. - Bee

He adjourned : decision on fur
ther information-sworn out bya
Bader against’ Monty AldoustiE
’ general’ manager of the B.Cf
’ Ferry Authority, and Mrs. H
Alexander, a stewardess,
aboard the ferry, to give ther;
an opportunity to show causeli
why the summonses should not "
-be issued. - .

Mr. Bader has already latch .
charges - against Aldous andi
another ferry stewardess,t] :
"Margaret Mulder, allegingia
‘breach of the liquor ad ban. be

Another’ charge is pending}
- against a third stewardess and}

_

se

eran

cere,

--Lonann Dally Mall

Sen
ve

seas

migtels!

Name

. LONDON — If you ever <
happen to hit a particular -
crossroads in Kent, you will see
a sign post saying Ham is that
way and Sandwich the other.

British place names make a
fascinating topic for the con-
noisseur. There are such
communities as Babel, Yelling,
Great Snoring, and Little
Snoring, Wallop, Wigwig and
Old Sock.

There is also a Quebee in
Durham county, a Montreal in
Kent, a Toronto in Durham and
a Canada in Hampshire. ;

Not to mention 10 Californias,
an America and a New York,

This group: evidently was .
imported by former im-
migrants to North America
returning home. ;

Most of the odd-sounding
‘names have origins going. back. |

isto the days when the,Saxons or: a

; Romans wereckr-Brikun.

‘ Some derive from the,Nornian .

invasion of 1066 when William

. wk ind. It has attached Heel

- mo clue as to what this means.

forgotten,’

Tomorrow You. may.’ be.
Hizen;':

as Mr. Bader has laid an informa-{i

7 << tio against the woman who

seneenenneceen. cane NOTA MCAR OMAN Ae cet baht a Resecseiseeempssnnniet cokes: operates a’ news stand in thelam
See siaanseae Sneenanoae isis esos Sper SaaS Me DRE ES ze legislature building in Victoria.§ /

_prmnvemamremraMmERHONOONAON

Please _
give to The

Red Sid

ploces

* the Conqueror handed out large
parcelsof land down to his main
henchmen. Down through the
centuries, the old names have
become twisted, .

But some of the old ones have
, Stuck, Ham, for instance, is Old
“English for an estate or
homestead. Sandwich, also Old
English, means a market town
on sandy soil,

But then there are broad
corruptions. The two Snorings
in Norfolk are believed to be an
offbeat hand-me-down from the .
Old Engtish for Snear’s people, .
whoever Snear was,

Shopshire was Over. Wallop,
Middle Wallop and Nether
_ Wallop. They. are believed by
experts to-come from the
Medieval wiell-hop, meaning
De of the tne Ba Ri

Bet. wag the Hidde Rive ver, .
ra mes balled “the Puddle,
eh, ap fotarently Js, a tal

ation £ rom ped

\
2

=(e
Z
=

to several communities in-
cluding nearby Tolpuddle,
-bome of the revered labor
:“martyra” of the last century:
Affpuddle seems to have got
the first part of ita name about
the year 987 from a Saxon
"proprietor named Aeffa.
Piddletrenthide in the same
area is translated by the Oxford
Dictionary of Place Names as
“Diddle of 30 Hides” but there is

The 30 apparently derives from
the French word for that figure. .

Babel in Scotland’s Dum-
bartonshire has no known
source ~

m YO, Se se eretieetetet SN ee

PTETTER
TO THE:
- EDITOR»

Our MPs Increased their
pensions and salaries, the
judges have. been granted a 42
per cent pension increase, just -
‘to mention that they do not
contribute one cent to their
generous pension scheme. =
Thetimehas come andis long
overdue for the senior citizens
of Canada to be granted a -
pension increase, And one that °.
will remove them from. the:
bottom rung*of' the poverty.
ladder. Further procrastination :
by the federal government’ can |
no longer be tolerated... °)
Tom Alsbury, a former.
‘mayor: of "Vancouver and. ex-
high school principal heralded:
the battlé cry ina. few: and.

: ~ Imagine ~ now you can have both hands free to :
guide the. fabric through those precision urns! And’.loo “what's a
happened to buttonholirig cn the BERNINA-830! You: don't even have".
to, touch the fabric and bingo, a perfect buttonhole! Talking of fabric,
do you know: that the new BERNINA ‘automatic fabric sensor adjusts
If,to any fabric, stretch. or: knit, cotton or synthetic, and gives: you |.
titching ‘that:simply- ‘will ‘not ‘pucker..ar. snap. Th 2 a
verlock. stitch gives. a perfect finish to stretch or. knit garments: and
the hew ‘blindstitch, « a. haridvfinished look; :

He wrote: tgenior citizens of.
Canada, unite’. — ‘and’ in’
reference ‘to our highly = paid
action reluctant and vacillati
MPs said; “Throw the rasca
cout”. The ballot box wilt decide :

.the future of our luxury: living .

ve Can.

rome

In’ more gentle. words «it te sane ed A earring cave, a

‘behooves’ every Canadian. to
‘speak. up and remind ‘ou
government that our senio)
citizens ‘can no longer b
“overlooked:...sini

Towsaken: The time Has come fo!
action; Write - Ottaw. me