Par] ir il NUS iL ij it il —y Wh: Wy i fh ooh 1 ; ll Wits i nS A mining industry spokesman ‘today congratulated Mines ‘Minister Nimsick on his decision to consider changes to Bill +31, : the controversial *“Mineral: Royalties Act.’ The: Minister” ‘Rriday’ that-he is considering changes: in ‘the royalty provisions of Bill 31 to help spur B.C.. ‘Mining: ‘exploration in B.C. has declined significantly as a royalty provisions, said PLR. Matthew; managing director of the Mining Association of B.C, ‘We therefore congratulate the Minister for his decision now to reconsider these. royalties ‘to : ln this ‘province,” “However, | Matthew - anid. he’ anted-to remind the Minister that. mines have. gone into reduction in recent years and ‘or the most part have not yet ‘recovered their initial capital _ investment. the federal government in- indicated development af new mines in. result of. Hill 31 and its onerous | ‘help revive mining exploration ‘ “Furthermore, assuming that-’ "Mining Royalty. Act Change Welcome stitutes Ils proposed income lax -Tate of 25 per cent, the operating mining companies will then be . paying’ a total tax - on’: their taxable income “of :49.75 per eent,. . The provincial. royalty “costs would be in addition to this high tax rate.: ; "As we presently understand it, no other industry fs required | to pay that: tax- ‘load. Manufacturing companies, for instance, pay out only 40 per ‘eént of their taxable income,” Matthew'sald if is: unethical for governments. to bring in” severe tax legislation for mines ' that have made their capital and ‘then - find’ investment: themselves captive to new conditions, . He said the : Association has asked federal and’ pravinclal - eabine! ministers. to come to as ~ joint agreement on the sharing. of natural resource ‘taxation revenues so that ‘mines can repay their capital costs and not be squeezed to death by a total . tax bite thal takes all or most of thelr earnings. ~ Short cut toa long fall. Wherever’ shot made it to the boi m, b there are’vertical metal beams in a have not been so lucky. Stairs or a ‘construction. project, ‘there is. the ladder provide aslower but much safer , temptation ‘to use them as a shortcut route to lower levels. down... The man caught i in this candid : + managerial | “In moat ‘cases. ‘the Minimnuna. cost’ of production is ap- proximately $120. and many rrades are "velling for less than? ~ this for instance 2x4 sell at $94 and 2x6 al $106. The long term world outlook for Lumber is bad with litde chance of recovery lll the middle of 1975 at the best, Fortunately the Pulp market is good at the moment but will fall off unless world: Economic -conditions improve. Governments and Industry have feared a situation such as this for several years with high - world prices, ‘invited rich Labour settlements _and Tn- A meeting was s held Sept. 5th ” with “Mr. Bill Bishop’ District Forester in Prince Rupert and Mills and Quota holders, All “were pleased with the Govern- ment decision lo base Slumpage an the average selling price over the last $0 days-instead of, $0 days, This will more closely reflect the correct market price in a rapidly changing market. All representatives pointed out “the seriousness of the present situation- which finds all ‘Companies caught between extremely high production costs and low prices. representatives ‘of the Lumber’ dustry | receiving higher’ than ever prices lacked strength to resist higher costs, The most high prices and a shortage of pecple wanting to work is the d work habits that erept into the work force in‘ all Industries thal have reduced productivity, even though there are many good workers around the bad ones pull their efforts down. With Strikes, slow downs and absenteeism and' company. being unable to fire paor workers because. they couldn't get another one partly due to the ease of Welfare and U.LC. New Simpson- Sears Manager * A-new member of our: com- munity. is Rick Johnson, who recently took over. . the dutles. at the Terrace Simpson Sears outlet, Mr. Johnson,. who. has ’ ap. parently fallen in love with this country during his brief two- month stay here, comes to us _ from the Kootenay region, He was born in theTrail Nelson area and served eight years | with Simpson Sears there as a salesman. The move to Terrace * is the first move for Rick, Eight“years ago he married Bonnie and since then they have had two children, seven year old aan and four year ¢ old Leigh The Labour Force The following bulletin 1s “~ tevel of umemployment declined. based on the results of the’ Labour - Force Survey of Slatistics Canada, reference “week ended August! 17, 1974, - SUMMARY Withdrawals from the labour’ force between July and August more than compensated for the decrease of 12,000 in the number employed. Although the actual others in Italy, ‘lt was believed. ‘that w roan who balanced : a ball of flax on ‘his head i ina yellow late would be able to rid’ d himeelt of'a headache caused by the sunt a by 4,000 from July, layoffs, ‘particularly in the forest in- dustry, were larger than usual. The seasonally adjusted unemployment ‘rate increased for the second consecitive month, ot , LABOUR FORCE .. AND . EMPLOYMENT - From July to August a decline _ in the labour force total. more ‘ than offset a drop in’ em- ployment following a Weil . established pattern for this time of year, Over 90 per cent of the’ labour force withdrawals were in the [4 to 19 age group, composed largely of students. About 60 per ‘cent. of the. em- ployment decline also affected e e ee that group. By industry, agriculture with a a drop of about 11,000 showed _ employment : -. the largest decrease between July. and August. Retail trade, wholesale © lrade, forestry and- “public ad- ministralion also significant. month-to-menth decreases. . Employment. in forestry was about 5,000 lower - ~- than ‘one’ year ago’ while all - . others mentioned’ except ‘agricullire. ‘employed more _ than last year, UNEMPLOYMENT, a Sp Withdrawals: ‘from the laboiir - = foree of students and women - “(non-students) aeccunt for: the: ~ largest. share of :the “unem- - - ployment decline between duly. and August. The percentage of.’ the working age population ‘In’. *_thelabour force decreased from © “62.3 percent in July to 61.2 per®- + cent in August, remaining: 1a. august points above ‘ast ,, August. showed - 1 Ba, dk ‘ AS well 2 as is Rick Johnson's expertise in the managerial aspects of his job he brings more than a small measure. of community involvement to Terrace. ‘ While in he served with the Jay Cees tind as.vice- president for the Chamber of Commerce: He has met local . . “CC president Wayne Gaunt at- _-provineial CC functions and has ‘assured us that he will -be . getting involved with the local organization, » ‘damaging problem created by ‘revenue for the People. _ ERPQUTHATAT. TR? any. doing a good job has changed a greal deal, Unfortunately we ~are following the path of Britain and will leave thousands of people unemployed in the years ahead being as our Industries will be unable to compete with lower cost Natlons on many Foreign Markets, Increased costs that are due to the many Environmental regulations can largely be charged against Stumpage which means less / e ies Far when Tele Be: Generous Bridge the Gap of Blindness . Under the © Auspiees of The Terrace Downtown. Lions, The Centennial Lions and The Lakelse Lions Club THE HERALD, Wednesday, seplember 18; 1974, PAGE ¢3 Pacific North. West Loggers ‘Look At Forest Situation © . payments the ‘attitude towards U.S. Forest Service is running © Into a $200 Million deficit for tha éame reason and we willbe in a ‘deficit Position within one year, already one half of all timber sales are dawn to a Minimum Stumpage of $1.10 a Cunit which will cut Government revenue. by more than half, very few people including those in Government realize that increased Labour and other costs hit Government revenue first, There is no doubt the In- dependent in the North Weat is THE LOCAL aes : Again this yaar L,|.P. will provide funds to finance ideas by Canadians to create jobs during seasonal employment slowdowns in thalr cammunilies. Applications are available now at your ‘Canada Manpower Centre. 4630 Lazelle Avenue ‘Terrace B.C, ~~ LAST DATE ON WHICH APPLICATIONS WILL BE ACCEPTED IS OCTOBER 7 1974 The Local initiatives Program is atederal Job Creation Program. feeling the Cost-price ueeze moré than the intrigated CO's because (he Independent has to sell his Pulp Logs'and Chip's at a loss which ig a direct subsidy to the Pulp Mill, Hemlac Ing’s cost $26: and over to log, $10 stumpage ta fora total of $36 or higher, the sale price is $16 for a loss of $18 for every cunil logged. This can have very serious affects on some Com- panies especially if there is a high percentage of Pulp log’s on the timber sale. —Centre de Mainsd ate du Canada = . Pa : _, Bempalgn Soplomber 30 through Ooteber 5 “Door to doorblitz September 30 SUPPORT CNIB. ‘BRIDGE. THE GAP OF BLINDNESS “TK Radio : ; on Location _ - Sat. Sept. 21st pay Silho uette— Is s Celebrating! , View. all their New Fall Merchandise ro + \ ‘ash ions “sige aac cate cela al al atl aaa aa ee ee ; and if you | make a purchase. there g. i a a a a Free Nylons -with every. Purchase Over $50 ee ee Nesesretate ttle ait i Fa