Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 30, 1958, Winnipeg, Manitoba Page 4 Winnipeg free press wednesday july 30. 1558 army chief to head Lebanon Beirut a Adel Osseiran predicted wednesday parliament will elect Gen. Fuad Shehab As Lebanon s next presi Dent despite manoeuvres of the opposition National front or. Osseiran said a quorum of the 66 parliament deputies will be present for the election ses Sion thursday. He predicted Gen. Shehab the non partisan army chief of Stalf will be elected by a near unanimous vote to succeed car mlle Chamoun. Sept. 23. If for your Holiday in. Eastern Canada. Go the Carefree relaxed Way by Canadian National. Whether you choose a Seaside or Lakeside resort. The famous Gatineau Hills the Laurentian mountains. A quaint fishing vill age rugged colourful newfound land. Ottawa Toronto Montreal you la find Eastern Canada excitingly different out standing Eastern attractions this year include the Cele Bra Tod Stratford drama festival Quebec City s 350th birthday and the Canadian National exhibition in Toronto. Take the family with you use Ink s Money saving family fare plan and enjoy travel Comfort at its Best fill information from any car agent or City ticket office . Corner main a d Portage or Central sales Bureau car station pm. We 6-2361. The National front which includes leaders of Lebanon s 82 Day rebellion said tuesday it would support no candidate tin less he demanded withdrawal of . Troops the front also renewed demands or. Cham Oun s immediate resignation. Insists no strings informants close to Gen. She Hab doubted he would agree to any conditions. The 56 year old army commander has insisted he would accept election Only if no strings were attached. Some deputies said that opposition me tubers of parliament Are Loyal to Gen. Shehab personally and Likely to vote for him despite the National front statement. More about rail pay Contin Riecl from Page 1 the 15 non operating unions engaged in this biggest of Canadian labor disputes had asked for a combination increase of 11 per cent plus j7 cents an hour calculated to be Worth about 000 a year. The report of the conciliation Board is not binding. Possibility is it will serve As a basis for renewed negotiations. An unofficial calculation indicated that on the basis of figures presented by the two major rail ways at hearings implementation of the Board s findings would Cost them roughly a year. Thai would be divided Between is for the first retroactive boost of four cents an hour and for each of the succeeding two. Putting the increases in effect for other employees generally would run the total to around 000.000 a year. The Board majority also made these findings 1. It turned Down a demand for a special wage increase of cents an hour to compensate employees for substandard wages received since the Start of 1956 by comparison with workers in the durable goods industries. 2. The majority partly granted a request for improved vacations saying there should be paid holi Days of four weeks after 35 years service. The maximum is three weeks. 3. It turned Down a request that remembrance Day be added As a paid statutory Holiday to make a total of eight. 4. It made no recommendation on a demand that the principle of Severance pay be established to recompense Laid off employees declaring essential information was lacking. 5 it recommended against instituting a Rule that work nor Mally performed by railway employees should not be lost out on contract to be done by other Wor kers. Regina entries Fourtot Day reit Lua excl Buhion meeting Eishi Bohon grounds Region sask. Thurs Day july Ai 19s8. Tace Hai Mircu Thiee car Olds and up. Furlongs t landmark Bell 113 Prairie Chi fit us silent Missy xl03 Gluna Luke 100 Vals Carol 108 Brown trial 113 Blue May of Iralis lower 113. Ai Ift Elt Idalmi jokers tip 113? 3ucii Streak Olfs Flitter Fly 10s gee t 108 Alta. Queen 108 tee Hee Tane Klo i red Bat 15 113. L race claiming year Olds and upward live fur Longs. Malman is fans rates x108 Roselia first 103 docs boy 118 Gold skies x108 13s i May flirt. 10s Cable car aug Klix Blesi g. I wonder 113, a Lam babe idiotic 313 Don holler 115. Third Kack claim info. and upward five furlongs. A far go Star Shore 109 the Tiller 109 Loyal Fleet 109, Andy s boy to Pennyman deimos 103 Silken Thomasc 106. Tati uti. Law. 106. Fourth e claiming three year Olds and. Upward Orie mlle and one sixteenth. Xjt.3 Kein Tulip 118 Ca Lami 118 re time 113 Blue Hood 113 descent Star 113 hot fire 113 be awake 108. Also eligible a Idle boy 118, Little Peep 113, country Man a Liq Sonny Yates 113. Of Fth claiming for three year Olds and up. Seven furlongs Merrymon 108, same wan x115, Proba 115, Pima x113, Kenora miss 110, Feudal bar xll5, Tinon. Moon 113. Sixth Handicap Oiree year Olds seven Furlong in. Queen City Farcy a Aires it 10s. Idy be 105, Swift cell 107, Sal Masong a i 109, Flat intr Shadow 115, none and Hillside farm entry. Seventh claiming. In three Jeff Oldi and up Irven furlongs. Follert in. 113. Bud xu3, so Lar Bill pie us bold 118, Mil Lar j 318, sparkling wit 118, Medora k105, macs Comet also Ell bibles Tlanda Blaze 118, Liberty Way Hack 51.000 claim ing Lor three year Olds and up seven our brigs. Johnny Chinook 113, knt Enton. I Huic , our Mission 118. Speedy Buck Jos 113, Josic Jacques 10s, aunty t 108, nor Lovere Abo a Vlad Cote 113, just Speed 113, celerity Bill 113, Kamao 10s. Post time 2 . Scratch time a m. Entries close horses listed a cordons to Post positions. U. 20% off 20% off 20% off 20% off 20% off 20% off 20% off manufacturers suggested list prices on our Complete Stock of 1958 every set marked at this drastic Clearing Price reduction and it is All Brand 1958 Stock mostly i i choose from Philips Westinghouse Ria Victor 9 Rogers Majestic general electric television choose from Fleetwood Emerson Westinghouse Ria Victor Philips 20% off 10 Down delivers installs Sale starts 9a.m. July while Srock lasts to aug. 2, . On our own Eon finont Ial term to finance company. A generous allowance for your old piano phone we 2-4231 open fridays until 9 . Jet just Graham at Edmonton Ltd phone we 2-4231 off 20% off 20% off 20% off 20% off 20% off 20% off More about Fleming continued from Page 1 approval declined Why said the finance minister the farm loan Board had told him a year ago that the interest rate should be increased if the Board was to avoid a deficit. But i declined to give any approval to any such Moke about stocks continued from Page 1 but or. Morrison added that lie frankly thought the delay was really harming our chances of expanding when expansion would be for the Good of the since 1957 the exasperation evinced by or. Morrison May have been building up since Early 1957, when he company made its first at tempt to win parliamentary approval for its five for one Slock split. But on that occasion the Kcf group m the commons Success fully talked out the necessary Bill whenever it came up so thai no final vote on it could be taken the proposal was on the list of business before the last session of parliament Bill the March 31 election intervened before it could be dealt with. As some committee members took up 1he Issue tuesday where or. Pearce left for further questioning and arguing with trans Mountain the Battle lines shifted and see sawed for almost five at one Point a Lull arose and committee chairman Gordon. K. Eraser pc Peterborough Cal de a vote on the first clause of the enabling Bill. Loses a to a some conservative members joined with Kcf to refuse approval of the clause by an 8-to-6 vote. Discussion of the whole pro position then continued until someone suggested the meeting adjourn Long members to study evidence on the record. The committee agreed and ill was considered his would take until about next tuesday. Company officials including or. Morrison said Over and Over that the main reasons for the company s desire for Parlia ment s authorization to split its Stock Are 1. To enable greater Parli Cipa a Tion by the Public in the com a Pany s Stock. 2. To put the company in a More flexible position to finance future expansion should the need for it suddenly develop. Or. Pearce pointed to company testimony that Only about 000 of the company s authorized shares have been issued so far. Of these about were held by major Oil compan ies that had guaranteed 000 Worth of trans Mountain Bonds maturing by 1972. He said the Stock split would allow trans Mountain to relieve attack. The Kenora Rainy River member pointed out that the tute governing the Board provides that it must charge a High enough interest rate to avoid deficits therefore if the finance minister had refused to allow the Board to increase interest rates he was actually overriding Paru Ament which had passed the statute. Or. However denied that he was overriding parliament. He just did t feel that conditions had wan anted an interest rate in crease last year. And even this year there were reasonable expectations that the Board would at least break even. Later he admitted that neither he nor the government had any right to override the loan Legisla Tion. Worth nothing in other w. Pickersgill Bonavista the Assurance of the minister interest rates would not Rise is Worth absolutely Ito opposition speakers while Mak ing it Cleat that they did t want the farm loan interest rate to Rise built up a Case they said proved that the interest rates would have to Rise. The reasoning briefly went this Way the farm loan Board borrows Money from the government at the same interest rate the government itself pays in the Money markets. I this rate is currently four per and the Board Loans the Money out to Farmers at five per cent using the one per cent Dif Ference for administration expenses. But the government in its program of Victory loan conver Sions had set a 4v4 per cent in Terest rate which would become the effective rate for future government borrowing. Thus the farm loan Board would a have to pay More interest its administration costs would remain the same and the interest increase would be passed on to the Farmer effective rate or. Fleming replied however that the 4% per cent interest on the conversion loan would not be come the effective rate. The con version loan was t borrowing Money simply the con version of existing obligations into obligations of a later. Kcf House Leader Hazen argue maintained on the other hand that the government policy was strengthening interest rates and in effect meant higher prices for Loans to the Ordinary people of this and if the government continued to pursue the policy pfc meant the farm loan Board would a either have to raise its interest rates or face a tremendous at one Point or. Fleming assured or. Argue that tile Board was Able to operate without a deficit since the Board in the past had been Able to obtain Money at an interest Rale lower than four per cent. But jv1r. Argue replied that this just proved that the Board was How Able to operate at a profit under the High interest rate poli cies of the present government because the liberals had followed a Low interest rate policy in the past. Talmre Are no nigh interest rate policies followed by the govern ment snapped or. Flora ing. Just High interest re joined or. Argue the pipeline sell More shares to pay debt. No Issue company officials denied this was the reason. They said there is no present intention of issuing any More Stock. But they argued that trans Mountain shares currently at about s60 each Are too expensive to make Quick financing feasible in this Way if it became necessary through world develop ments. The company has the Only crude Oil pipeline Between Al Berta s Oil Fields and the Pacific coast. It runs from Edmonton to Vancouver with a Spur into the Northwestern . And connections to serve the . Pacific coast. Company officials said any the flow of Oil from the Middle East could create a Sud Den demand for More than the line s current daily capacity. This situation had Arisen during be 1956 Suez crisis. What committee members generally could not understand was Why the company wanted this authorization in Advance. Why could t the company ask for it it had some Concrete proposition to put Forward requiring extra capital from moors the Fandango is a Spanish dance moorish origin. Russia still favors in site by John Molleson United nations , pc scrutiny of Premier Nikita Khrushchev s latest letters to the three Western Heads of government led informed observers to believe that the soviet Leader is actually in favor of a Summit conference within the framework of the Security Council. Sources close to Secretary Gen Eralda g Hammarskjold pointed out tuesday that or. Khrushchev s letter to British prime minister Macmillan refers constantly to your proposal of july that proposal was for a Confer ence within the of Hie Security Council but without the voting procedures which have so often placed the soviet Union at the Short end of a ten to one stick in the 11-Nalion Council. Or. Khrushchev told or. Mac Millan your proposal of july 22 that the Heads of government meet within the framework of these purity Council did in fact Envis age a meeting at which there would Havo been an Opportunity for consultation of an unofficial As Well As an official character agreed to your proposal but you Are retreating from this proposal the soviet government appeals to the governments of the United kingdom and the United states to return to the understanding with regard to Tho holding of such a meeting of the Heads of govern ment reached on the basis of Tho agreed proposal made by you on july 22." the soviet Summit idlers Inci Dent ally Are the Only ones which Are presented Here at the in for distribution to other delegates and to correspondents under the in imprint. Ai least in this one re Spect lilo soviet Union is already recognizing a in framework for Summit preparations. Even it this is Only n propaganda move it seems to be Clever propaganda. Save on your electric appliance by 1958 Home Freezer foil 15 cd. It. Of Safe Stor age space storing up to 517 ibs. Of Frozen foods. Five Wall cold assures extra fast freezing. Has two wire Racks and movable dividers for flexible Stor age. Lockable Latch keeps food Safe. Non Glare Inte rior Light. Ail s Well Light warns of Power fail ure or unsafe temperature. Powered by a . Polar sphere sealed unit. Width 54v depth height "3 year food spoilage warranty regular Mode fch-15 1958 Washer by Kelv najor the streamlined 9 in. Nitrous enamelled tub with close fitting top. Heavy duty motor. Super Safe Lovell wringer with 2" rubber Rolls. Aqua surge Gyratory washing action with Finger tip control. Regular Only with approved Trad. Big Gest value in town Madison Reg. Sale .95 24 gauge Hood rotisserie and spit electric motor Chrome plated Grill detachable legs 6" wheels paint brushes 2" rubber Sef Nylon special nationally advertised adjustable clothes regular extends 29" to 55" Smi Seage Mandola radio lightweight but carry in pocket or fully guaranteed Ideal for Beach picnic telling hiking red Ivory or Black transistor powered Ria Victor car radios reduce a frown morn than no Vibrator to trouble Faffle performance. Control comp v co Retro car radios free installation d30 Colony St. Pm. Su3-703ll ;