Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 7, 1971, Winnipeg, Manitoba Winnipeg free press tuesday december 7. 1971 go of lobby scores continued debate limiting motion put through last thursday the government came through with what the co Ops and credit unions . As a result the originally were going to feel a bigger tax bite under this Bill will not have to pay income tax at transactions involving their members. As groupings of individuals seeking to help each other co Ops Seldom wind up a year income or profits in Thea Normal sense. If there is any thing extra left Over after meeting expenses it can be paid out to the Coop members As a dividend. Present tax Law uses a Stan Dard based on the capital a Coop employs in its operations for the year. At least three per cent of the capital generated in a year is subject to. Tax now and the original proposal in the Bill was to boost this to the forbidden this minimum amount of taxable income no matter How much it paid out to members in the latest government proposal is to ditch this capital employed yardstick. Instead co Ops will be required to with hold 15 per cent of the Money they pay out in dividends to a member if this is Over in tax year. In the hands of the recipient the dividend could be treated in two ways. If the dividend related to the recipient s business it would be counted in his income for tax purposes. If not it would be tax free. Anyone not liable to tax on the dividend would be Able to get a later refund for the portion withheld. The system is aimed at distinguishing Between those in vesting in co Ops As a business and the average member who holds Only a Small share in a Coop organized by a group of people seeking to help them selves. Allan Maceachen govern House Leader who in produce the latest Amend ments said the withholding step will permit the govern ment to administer the system efficiently and yet obtain the appropriate result depending on the character of the patronage dividend in the hands of the re credit unions which now do not pay income tax As institutions would have been required to pay under the Bill s original proposals on a similar sort of capital employed basis. The lat est proposed changes scrapped this. Or. Maceachen said the amendments explained Only in general and due to be brought Forward in detailed form today would give credit unions More Access to Steps available to other businesses to achieve a lower rate of tax on income. Ordinary businesses can trim net income through use of dividend payments staying eligible for tax at the rate of about 25 per cent rather than the full rate of about 50 per cent. Credit unions however must meet various provincial requirements on Money held in Reserve the same As chartered Banks must do under Federal Law and such reserves May not be distributed to members. The new amendments would take this into account and give a credit Union a better Chance staying in the 25-per-cent bracket the most amusing part of the debate monday was the Atten dance pattern. Conservatives who last week were raging that More time was needed to acquaint maps with the intricacies of the big Bill rarely had More than five members in the House the party has its annual convention going on nearby. Liberals who usually Send in Only enough members to make sure they Aren t Defeated on a snap vote had More than 60 members in most of the time including 12 Cabinet ministers. Canadian twin Otter plane like one above escaped to Thailand. Pakistanis driven Back continued Indian City of Jammu and sail Kot. In West Pakistan. It is Ideal for tank manoeuvres and was the scene of heavy fighting in the 1965 War Between India and Pakistan for the still dispute territory of Kashmir. The Indian spokesman said pakistani forces have put heavy pressure on the Chamb sector and Pooch to the North since last wednesday main activity has been in those two sectors of Jimmu and he said and they have repeatedly tried to capture however the spokesman in r a w a 1 p i n do said pakistani forces Are fighting on Indian soil in All sectors on the West Ern he said the indians were putting up resistance in areas outside Kashmir but did not pinpoint these. India claimed its troops had destroyed 96 pakistani tasks on the Western front. India said it. Had Cut All air and sea communications be tween the Pakistan army in East West pakis an Miles away. An Indian military spokes Man in Calcutta said Indian troops smashed their Way through the defences of the important East pakistani Garrison town of Jess Ore today and were fighting to Clear it of pakistani troops. The hard outer Core of Pakistan s defences in the East has been r Smith eur and our Progress now should he much More said . F. R. Jacob of staff for India s Eastern command. Jacob said the indians have occupied Jess Ore Airfield i find were battling to Clear the army Cantonment about four Miles outside the town. Jess Ore is about 20 Miles from East Pakistan s Western Border and is believed to be defended by about pakistani troops and a local militia. The general said Indian advances were continuing on All fronts in East Pakistan and wide areas were under the control either of Indian troops or the Mukhoti Tahini the East pakistani guerrillas fighting for Independence. Jacob added that the pakis Tani army s communications in the Eastern province have been smashed and it has no Hope of getting reinforcements. Another spokesman reported that the in Dian Navy and air Force were maintaining an effective bloc Kade of the East pakistani coast and had Cut All air and sea routes Between the two halves of Pakistan which Are divided by Miles of Indian territory. The capture of Feni cutting the Road and railway Between Dacca the East pakistani Capi Tal and Chittagong the chief port that the had been cleared from the Northern Border that Indian forces were pressing on Sybieth in the Northeast that Comilla on the Southeast bad been sur rounded. And that Indian units were three Miles from Jenia an important communications Centre. Jacob claimed 110 pakistani troops have been killed in the the general said since the War began Friday 427 pakis Tanis have been killed on the Eastern front 219 have been wounded and 480 captured. The pakistani spokesman said 150 persons were killed and wounded in Adamjee Nagar near Dacca sunday in a raid by Indian bombers. Were unable to con firm or disprove the Indian the rival claims from so far have not been allowed on fighting fronts. But radio Pakistan without giving any details of the fight 4-1.a. Kocar furl that with the exception of a few salient the pakistani army is in full control of the entire prov but observers in new Delhi were quoted by Reuter. As say ing that pakistani might be pulling Back gradually to Ward Dacca for a last ditch de Fence. But although the Indian push might be slow the pakistani position seemed forlorn the observe r s said. The Indian spokesman said Pakistan had Only three planes left in the East giving Inolia Complete air superiority. With Indian ships operating in the Bay of Bengal chances of reinforcements being brought in to the area were regarded As virtually non existent. Another Indian spokesman said the pakistanis put. Up stiff resistance in some areas. The opposition combined with the difficult River crossed terrain could mein a Long haul ahead of the the spokesman said on the far Eastern Side of East pakis Tan Indian advanced ,16, Miles they Ovid Lak Sham and had made Contact with pakistani defenders in the town of Brahman Baria. Near the Borders with West Bengal Indian forces had liberated the town of Lal Manirat and now had control of the whole area North of rang Pur. Brezhnev blames Pakistan Warsaw a Leonid Brezhnev blamed the pakistani government for the India pakis Tan War and called today for a peaceful political settlement without any interference of outside the soviet communist party chief told the polish party 111w1j Indian spokesmen claimed Congress that the War was a re a i f the blood sure Sion last 24 hours 20 wounded and 54 suit of the bloody suppression of the Basic rights and clearly expressed will of the population ,6v.6, of East Pakistan and the Trage Paw Stani army by of millions of refugees we received with deep re Gret like All the supporters of peace and Freedom of nations the news of the War conflict which broke out a few Days ago Between two neighbouring states in Brezhnev said. Brezhnev made no other reference to the War his Call for outside forces not to interfere was taken As a it was t couple s time Indian Advance stalls in East Pakistan As trucks bog Down in mud. If continued or. Brooks who retired from the Canadian National railways four years ago and his wife had checked into the hotel monday to see the Bright lights of the couple were trapped on the ninth floor of the hotel and after throwing lamps rugs and other items out of the window to attract attention finally started frantically waving a red Blanket from their window. Firemen could see the couple and could hear their cries for help but they could t get to them via ladders As they were too Short. Following f i r e m e n up the stairs i could go no further then the fourth floor. A Man walked around the Corner and asked me what was happening. I said the roof was on fire and the hotel was being evacuated. Hell i be got a Man right next to me. We d better get him we tried to kick in the door but it would t give. He started thumping on the door and yell ing. I moved on through the smoke which was getting thicker As i beat on every door. By . Water was pouring Down the stairwell. Frank Healy head of the fed eral government s travel pro motion Bureau in Ottawa rushed Down the corridor. Any More people in he asked coughing from the smoke. Like Gate crashers we at tacked the doors which were opened by sleepy men who had to be spurred into action. Bernard couet of Ottawa methodically got his things to Gether As did Anwar Chaudhary of Montreal Charles Tarr and Harvey Troskey both of Vancouver. Hair rumpled Coats and suits on Over pyjamas the four men after being jolted into action headed into the smoke choked corridor to the stairwell. As i threw or. Tarr his hat he said Well in t. This the darn est and As we walked from his room a River of water was flowing Down the exit staircase next to his room at the Back of the hotel. Hell this place must really be he said. After the men had gone Down into the lobby i waited on the fourth floor for news of people above. Then on the of a Winnipeg police sergeant Down came mrs. Brooks looking charming and unruffled Fol Lowed by or. Brooks with his Fedora cocked on his head. Soviet spacecraft on Mars costing Jed captured in East Pakistan said Indian casualties Light to he warning to China and the United states rather than to India were j which the soviet government is a supporting without outward reservations. J he was clearly warning China who is Allied and entered the planet s Atmo sphere by Parachute. It landed in the Southern hemisphere of Mars Between the Electris and Phaeton is re Gions in an area 45 degrees Lati tude South and 158 degrees Longitude West. Arms of the soviet Union the sickle was in on the descent Craft. The Mocher ship chatting As we went mrs. Brooks said they had thrown everything out of the window except the we thought we might Hurt we entered the lobby of the hotel quietly and the couple weren t immediately connected with the Blanket waving. Soon they were surrounded by news men and handled the barrage of questions like visiting Diplo Mats. We did t have oxygen masks. The firemen just led us Down the corridor after they got to us but the smoke had subsided a fair amount by the time we got into the corridor. Firemen finally did make it to their hotel suite or. And mrs. Brooks were fully dressed and were led through the Halls by firemen. I thought i was going to pass out a couple of times from the said or. Brooks but added the oxygen equip ment carried by firemen helped revive them at intervals. He said he does t know whether he heard the fire alarm ring or slept through it but the sound of fire engines awakened him and the couple decided to leave. We were All right in our suite because we had the win Dow open and the door they told reporters. It was now . And the desk notified or. Brooks that a room was available at another hotel. Stepping out into the Windy two degree weather we walked a Short distance to the car and drove to the hotel. Still Calm and unruffled or. Brooks said thanks for the ride and i Hope this one does t minus their Luggage they registered at their second hotel in two Days As if it was Par for the course. Bhutto to form govt. New Delhi a pres ident Agha Mohammed Yahya Khan of Pakistan has asked former foreign minister Zulfi Kar Ali Bhutto and Nural Amin a rightist East pakistani Politi Cal Leader to form a coalition government. Radio Pakistan announced today. Bhutto who earned a reputation for being pro Tion for being pro chinese is Leader of the leftist Peoples party. It won a majority of a t i o n a 1 Assembly seats from West Pakistan in last de Cember s National elections. Amin is Leader of the right Wing Pakistan democratic party. He is a political foe of Sheik Mujibur Rahman the imprisoned head of the Swami league which won All but two of the National Assembly seats in East Pakistan. Amin was one of the two non Swami Lea gusts elected shooting of plane denied people of Lahore watch air Battles genders will lock their doors on Portage ave. At 5 . Saturday december Lith on monday december 13th our new warehouse store will open for business1 see set Trifar of per for More details Ine Mouier snip Wem mtg a one Western Diplomat of pc said. Accused India of being res Obsi we for the War and has Cut off psf Lutary and economic Aid to it. Banuelos Congiu said 339 Laiks to the planet s sur face. Mars 2. Launched by sians Lane Days earlier into a different wide Crossd tree planet late last user was so any Las Fig attest set Fey a descent Craft from Marc 2. Tass Sam baft Mars probes Are eat Xis a a space Wear mass Ottawa a fear of toe Frea Glass dirt Ujj site Rorge Feas bees the begin your Day with information radio news views sports weather brought to you by Ernie Nairn Doug Mcilraith Bob Kaschte Garth Lawtey and Ken Dunstan hear ram. . 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