Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 19, 1968, Winnipeg, Manitoba Winnipeg free press Friday july 19, 1968 Gold Price boosted continued London Reuters Lon Don Bullion dealers today hoisted the Price of Gold byte announce Fol lowing a South african decision to Send no More Gold to the free Market for the time being. Anticipation that South Africa might a release some of its Gold would have brought Down i Market to a Jake head break Down continued comes on the heels of the recently settled Seaway walkout which disrupted Grain exports from the Lakehead from june 21 to last monday. Manitoba and Saskatchewan would be hardest hit if the strike drags out although Churchill the Short season port on Hudson Bay relieve some pressure when it opens next month. The Western Prairies move Grain economically tithe West coast. Prairie officials reacted quickly to the strike with suggestions that the Federal government take action. Agriculture minister Harry Enns of Manitoba said Feere is a need for legislation ordering employees Back to work while negotiations continue. George i Wright f a r m e r s Union of Alberta spokesman suggested a labor court to Deal with the Grain handlers strike and it. Roy Atkinson president of the Farmers Union said the railways and transport minister Hellyer have been asked for sufficient Box cars to permit Farmers to fill their quotas. Farmers Are on a quota sys tem which permits them to deliver a specified number of bushels for broadly speaking each acre of cultivated land on their farms. He said it almost appears that the unions and elevator companies were in agreement about this Farmers Are struggling to fill their quotas and the companies Are about ready to discuss handling tariffs with the Board of Grain commissioners. Or. Atkinson said almost any settlement will hinge on the ability of the companies to grab additional handling the Union and which terminals at the Lakehead have been at loggerheads since the last contract expired dec. 31. F r k Mazur negotiating committee chairman for the Union said the last Straw was a letter from the elevator association last week which said both the companies and Union were relieved of obligations under the terms the old contract. He said this implied the com would no longer deduct Union Idues from pay cheques an implication denied by com Pany spokesmen. Instead they said tie letter was a routine re quire intent Dis Putes Well give you this free world map just for having a happier vacation this huge 35" x 52" world map is chock full of information for those planning travel outside Canada. Its yours you join the Manitoba motor league members who enjoy happier Carefree travel. As an Mil member the famous trip Tik travel emergency Road service almost every in the Legal advice and overseas travel services. Ensure a happier vacation us today Manitoba motor league 17s Carlton 1, a phone 943-8485 4307-1 spate of Selling prices for some Days. Then came a statement thursday night by South Afri can finance minister Nicholas Diederichs that much newly mined Gold was sold to the free Market during May and june but that no More would be cof feed for some time Long before dealings nor Mally started London brokers were today receiving buying orders from overseas. The group of dealers who fix the Price made it South african Gold shares were by this time bouncing ahead on the shares Market with gains of Between five shill Ings and seven shillings and six Pence 65 and 98 cents each. The foreign Exchange Market followed the usual pattern when Gold becomes More expensive. The Price of the British Pound fell. Early in the Day it was quoted at compared to thursday s closing the drop was attributed in some quarters to modest Selling to get profits. Other Market sources believed some Specula tors were again moving out of paper currency and returning to Gold As an investment. F Johannesburg Reuters and the United states seem heading toward a serious confrontation Over the future of Gold financial circles said Here today. A hard hitting statement in wheat talks denied a Canadian wheat Board spokesman thursday denied hat talks were under Way with the soviet Union for the Pur Chase of Canadian wheat. There have been rumours hat the russians Are Selling old to get Money to buy Canadian wheat. But they Are not negotiating at present with the wheat the spokes Man said. Commenting on India s announcement that she Hopes to be Able to discontinue imports of wheat by 1970, he said this will not mean any significant decrease in Canadian Export sales even if it does come a spokesman for Richardson and company said he would be awfully surprised if India was self sufficient by 1970." Jle said Canada Sells very Little wheat to India anyway although she has made a gift of it on several occasions. Pretoria thursday night by South african finance minister Nicholas Diederichs did not it was Felt put an end to months of uncertainty about the future of Gold. But financial sources said it did conjure up visions of a head on clash Between the two countries with possible serious consequences for world Mone tary stability. South Africa can play a Deci Sive role in determining the Price of Gold because it mines about 80 per cent of the Supply in the non communist world. Diederichs said South Africa has no intention of Selling More Gold on the free Market for a considerable thus reject ing . Treasury Secretary Henry Fowler s proposal that it should do so in the interests of currency stability. Of found in Arctic payoff by Siu alleged continued Mer head of file Canadian Sec Tion of the Siu. A . Commissioner in new York City had recommended the extradition after a lengthy hearing in 1967 on a request made by the province of on Tario. The province sought to have Banks returned to face a per jury charge arising out of a Royal commission investigation into great lakes violence in 1963. Banks was convicted in Mont real in 1964 of conspiracy in the 1957 beating of capt. Frank Walsh a rival Union Leader and was sentenced to five years. He appealed but skipped to the before the Appeal was forfeiting bail. The conspiracy sentence was upheld on Appeal. Ontario then sought bancs s extradition on a perjury charge since conspiracy to commit As Sault is not an extraditable Fence under the .-Canada extradition treaty Banks was arrested in a gust 1967, in new York City. He was in custody six months be fore Rusk s decision on March 14, 1968, freed him. Banks formerly headed the Canadian District of the Siu. The newspaper. Says the extradition Case could seriously Embarrass Humphrey in his race for the White House. The newspaper says in a Washington Story by staff writer Jeff Landauer continued Degolyer and Macnaughton a Dallas Oil consulting firm saw the new discovery has the potential of developing into one of the world s largest Fields. Located on a Block of federally leased land the new discovery apparently confirms what Petroleum geologists have Long thought that the Arctic slope is a vast storehouse of of and Gas governor Hickel feels the of income from the huge federa holdings on the North slope could be used Tot meet native de mands for to drop claims blocking the state s efforts to select the acres promised by the statehood act. He also sees it As possibly leading to the elimination of state income taxes which brought in in the last fiscal year. Alaska which ranks 10th among the 32 Oil producing states received direct income from Oil and Gas production taxes lease bonuses royalties and rentals of More than for the fiscal year end ing june 30. The state s general fund budget for the year was the governor listed As this first priority the Extension of the federally owned Alaska rail Way from its Northern terminus at Fairbanks the remaining 400 Miles to the North coast. Besides relieving the Oil Industry of the immediate need of building a pipeline to get the Oil to ice free tide water the railway he said would provide a two Way haul to open up thousands of Square Miles of unexplored wilderness. We Haven t even begun to top the Mineral potential up Hickel said. Atlantic Richfield co., which drilled the two discovery Wells on the North slope in a joint Ven Ture with Humble Oil and refining co., talked in terms of a pipeline however pour Point of the Oil from the test is minus 10 degrees fahrenheit which Means we will be Able to move it by pipe line during the very severe win ters in that Arctic Rob Ert 0. Anderson Atlantic Rich Field chairman said in announcing the find in Philadel phia thursday the problems though great Are not insoluble the ice choked Arctic Ocean is navigable by Supply ships for Only two months of the year. The Flat terrain of the 50 to 150-mile wide Oil exploration area turns to a spongy quagmire in the summer months. Nato to attack pravda says sind machine guns All of Ameri can manufacture were pravda said. They were apparently delivered from the Federal Republic of Germany for sudeten re Venge seekers and supporters of the restoration of old orders in pravda said. The article on the alleged nato plot said it was prepared by the Pentagon and _ the . Central intelligence Agency and was aimed at undermining the socialist it claimed the documents had fallen into soviet hands. They plan by ideological political and secret subversive measures to shake the socialist Community to undermine the Unity of the socialist countries and weaken their ability to give a rebuff1 to direct it declared. The article signed v. Ragi Lin and i. Choskov said the plot contained Concrete tasks for the subversion of specific com m u n i s t countries especially Czechoslovakia it claimed that one of the tasks in Czechoslovakia was to find out the degree to which opposition forces have penetrated the state Security organs the military 1 counter intelligence and other counter intelligence forces of Czechoslovakia and How they could counter operations carried out by these or another task for imperialist pravda said was to discover the degree of the penetration of opposition forces into the communist party and How far they could counter the activity of the the article said the aim of the ideological brainwashing of wavering elements was to re Cruit agents for subversion. When Fiese diversions had created the appropriate situation the implementation of direct aggression should it quoted the alleged documents As saying. The soviet press today ignored a czechoslovak reply to a letter from Russia and four of its East european dallies criticizing Prague s failure to suppress anti socialist All major newspapers Here published the text of the five countries letter thursday. But today neither the official reply issued by the presidium of the Central committee of the czechoslovak communist party nor a televised address thursday night by czechoslovak party Secretary Alexander d u b c e k were mentioned in soviet news papers. In an editorial devoted to a meeting wednesday of the so Viet party Central committee pravda said events showed that right Wing anti socialist ele ments were exploiting a legitimate desire to Correct mistakes and shortcomings to discredit the communist party and liquidate the socialist system in Czechoslovakia. This onslaught of reaction is taking place with Active support from pravda said. An opposition consisting of the remnants of the crushed exploiter classes and right Wing ers nationalistic and decision Board clears air continued members of the Board s finance committee and six As members of the seven member building and policy committee. Trustee Kardash declined to resign from the building com Mittee As matter of principle. But she retained her position. All who resigned were then re elected to their former the finance committee consists of greater Winnipeg elec Tion committee trustees Marg Aret Trott Fuga Joseph. J. W Al d e r and Walter paschak and demo cratic party trustees Isobe Sudol Harvey Baker and Leslie g. Slingsby. The building and policy Corn composed of Jenkins chair Mittee is nip trustees Una b. Decter and Nick a Talanchuk communist trustee Kardash and Gwen trus yes Agnes Mcgavin Robert j. Cochrane and Charles Novak. As Board chairman trustee Norrie serves sex offi Cio on both committees. The resignations and new elec ions were demanded at a tues Day night Board meeting by the six nip trustees and one communist trustee. They considered he positions to have b Een filled through an illegal procedure. A court of Queen s Bench judge has declared trustees must ballots personally at he elections and that mailed in allots Are not Legal under terms of the Board s procedural bylaw. Mailed in from trustee Cochrane were in the Jan uary elections. The Gwen trustee. Was ill in Hospital when he elections were held at the inaugural in a press statement released following the thursday elections trustee Norrie referred to the fact that the judge s ruling had not voided his chairman ship but said i am now con Vinced that this matter must be clarified once and for the chairman had not re signed at the tuesday night Board meeting trustee Norrie said i Hope that with my conformation As chairman we will now have an end to the discord which has in no Way served the purposes of. Education in the City of Winni Peg. In the same spirit of reconciliation i Hope that my action today will a motivate the nip and communist trustees to put aside their political approach to questions coming from time to time before the Board and that rid the Board completely of party politics following trustee Norrie s re election As chairman trustee Jenkins Rose and spoke for the nip trustees i appreciate the fact that you resigned your office and have been re elected in the Legal Man Ner and extend to you deepest congratulations on behalf of my self and the other nip trustee Kardash said i want to join with you in hoping that this will be the beginning of Forward movement on this Board m tackling Educa matters and i am also hopeful that the majority Gwen trustees will act in a Way that will consider and take into account the the other members of this is elements from Legal and Ille Gal groups fighting against socialism has sprung up and is growing in the it said. 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