Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 7, 1971, Winnipeg, Manitoba Winnipeg free press tuesday december 7, 1971 9 . Disc proposal worries europeans by Jack Schwartz new York special news Day europeans Are upset about president Nixon s new Trade policies which they con Sider discriminatory and conducive to a Cycle of protectionism. Raymond Barre vice president for economic and financial affairs of the Europe economic Community dec executive commission says that if business in Europe Stag nates it May Lead to the very protectionist measures the United states is trying to avoid. Specifically the europeans Are upset about the 10 per cent surcharge presently in effect and two measures which Are still before Congress the invest ment tax credit for buying . Christmas portrait specials 1 8x10 6 5x7 Scoter portrait studio 88 Sherbrook St. Phone 775-8188 made goods and the creation of domes i c International sales corporations in shorthand the tax credit Means buy american a the businessman gets a seven per cent tax credit if he purchases . Capital goods machines which make machines instead of similar european products. Disc Means jobs for Ameri it gives tax incentives to companies specially created to Export goods instead of opening overseas subsidiaries. The re sult would be a . Factory in Detroit with . Workers rather than in Frankfurt with German workers. The dollars would stay Here and the product would be exported. If All the measures go into effect they could result in an economic Domino effect which More than one european finance official fears could end in a worldwide recession. The european economic Community estimates that 87 per cent or billion exports to the United. States Are affected by the surtax. The industries most affected Are automobiles steel machinery textiles and shoes. The Case of Germany is a Good example. It revalued the Mark in 1969, meaning that its products Cost 10 per cent More. Add to this the 10 per cent sur charge the seven per cent tax credit and a rough three per cent by which the floating . Dollar up valued the Mark and Germany capital goods would enter the United states costing to ietto to cavi than me Tel give yourself the greatest pleasure and give her the greatest gift. A genuine Emerald perfume snuff or just ornamental bottle for her Dresser Sec our Many novel gift ideas our selection is i must for your special Xmas gift Lisl. The House of Quality Diamondi 30 per cent More than they used to. What makes the figure More significant is that Germany s exports including capital goods to the United states amount to almost 10 per cent of its foreign Trade and Germany is one of the pillars of the West european Economy. Holland for instance conducts More than 25 per cent of its Trade with Germany. As one official in the dutch ministry of eco nomic affairs said a Breeze in Germany Means a storm in the moreover there Are approximately 273 million foreign workers in Germany Many of them from Italy Spain and Yugoslavia. Although they Are protected by contracts a slowing of the German Economy would ultimately Send Many of them Home with consequent prob lems for the economies of Southern Europe. And the economies of Many developing coun tries Are dependent on the eco nomic health of the dec nations. At present there is still Al most full employment in Ger Many. While German officials do not expect a recession they do see the end of the Boom Cycle and what they Call the normalization of the German Economy. And what they fear is that the . Trade measures together with the Flat dec tariffs Are More than 20 per cent compared with per . Tariffs. The dec maintains that it has the lowest tariffs of the major Industrial areas. The dec concedes that it has been somewhat More restrictive on . Agricultural exports but it Points out that these constitute a political problem since 13 per cent of the dec labor Force is in agriculture 40 per cent in Southern As opposed to 4.5 per cent of the . Population. The dec Hopes to make its agriculture More competitive and ease restrictions on . Products. Mean while . Agricultural exports to the Community which is their most important Market have increased 25 per cent in the last six years. Another . Grievance is dec restrictions on japanese exports which mean that America absorbs an excess of japanese products to the Detri ment of . Goods. Representative of this thinking is Secre tary Connally s charge earlier this month that the dec accepts Only five per cent of All japanese exports and the United states accepts 30 per cent. While noting the dec is Nego Tia tin g a new treaty with Japan a Community report Points out that such statements Are deceptive because 1 the . Gross National product is still More than double that of the dec so this country can better absorb foreign goods and 2 that japanese products such As Small cars consumer electronics and textiles Are much More in head to head Competition with dec products than with american ones. One major . Demand on which the dec nations seem ready to make concessions is great military Burden sharing. If Europe picked up More of the Tab for . Soldiers on the continent it would help out the Drain of . Dollars overseas. In military spending this amounted to billion in 1970. The europeans Point out How Ever that a Good part of the military Dollar Drain occurs in Vietnam but most dec members feel that it is vital to maintain a Siz Able number of . Troops in Europe and they seem willing to pay for it in terms of both costs and troops. The thinking was summarized by a High source in Whitehall who said the . Nuclear umbrella is still necessary and is much More credible with . Troops in the europeans Are willing to make financial con cession for political gains As America has done until now. They insist however that they have More than held their own in terms of foreign Aid and Trade concessions to developing countries. If the group of ten fails to come to an agreement some officials feel that there will still be time for them to try again before next year. Beyond that they fear that Little will change with the United states in an election year. At that Point the dec nations will devise among themselves and associated countries a regional a system tied to one uniform monetary Stan Dard with fixed parities. But As human cancer virus believed discovered by Thomas 6 Toole Washington special tons a team of medical scientists in los Angeles has discovered what appears a human cancer virus the clo Sest anybody has come to Iso lating and identifying a possible cause of the dread disease. This discovery puts us in a position where maybe we can determine to what extent this virus is involved in human said or. Robert j. Huebner of the National cancer Institute. It s a Light year ahead in terms of understand ing How a cancer virus might work the virus in question was found by scientists at the University of Southern California school of Medicine. And Chil Drens Hospital of los where the virus was observed in. A seven year old girl with it. Muscle cancer called rehab Domy Sarcoma. A us pathologist team led by or. Murray b. Gardner took cells of skeletal muscle from the girl s Pelvis where the cancer had and injected them into embryonic Kittens to celebrate our 40th. Birthday Saisbury House offers a argot being carried by three pregnant cats one stillborn and three live Kittens from the three cat lit ters were found to have muscle cancers. One of the three Dis eased live Kittens had a solid tumor in the brain which the los Angeles scientists chose for their most exhaustive study. The tumor in the cat s said or. Huebner looked the same As it did in the when the tumor cells were grown in the Laboratory they were found to contain human chromosomes the carriers of human heredity that Are Dis Tinct from animal Chromo Somes. These chromosomes were quite visible after or. Huebner said. There was no mistaking together with a team led by childrens Hospital s or. Robert m. Mcallister or. Gardner and his us team then put their virus through an exhaustive series of tests including Send ing samples of the virus to three other laboratories for their analysis. Scientific teams at flow laboratories in Rockville my. And at microbiological associates in Bethesda my. Found that the virus named rd-114 by Mcallister and Gardner was not from the mouse rat Hamster or cat four animals whose cancer viruses have been mistaken in the past for human cancer viruses. Strikes Lebanon Beirut a strikes Are becoming increasingly frequent in Lebanon but the government boasts it is a sign of a Liberal democratic society. Lebanon s unions political parties and Freedom Are doubt Lessly envied by the people of most Arab countries. There Are unions in most Arab states but they Are denied any real degree of Freedom. In less than two months Lebanon has been plagued by five strikes an of which have been successful the latest an eight Day Bank strike which practically paralysed monetary activity in Beirut came to an end Bank employees. Bakers and craftsmen including Cabinet makers tailors dressmakers hairdressers Shoemakers and laundry men All have threatened to Down tools. By contrast in Egypt there teen Only two strikes in than 12 years both of i newspaper a third scientific team at the National cancer Institute also discovered an enzyme in the virus that was similar to enzymes found in animal cancer viruses. Analysis by the cancer Institute showed that this enzyme was different from any animal enzyme. We know conclusively that we do not have a cat virus a Hamster virus a mouse virus or a rat or. Huebner said. This virus is a new virus and it is a mammalian virus and while there is an outside Chance that it comes from an animal other than Man we Don t think where the los Angeles Dis covery puts Man in his fight against cancer is hard to fathom right now but it can Only be a giant leap Forward. Or. Huebner explained that it has taken researchers 50 years to link cancer with viruses but that great strides have been made in the last few years. Four years ago we did t have a Hamster virus and now we he said. Two years ago we did t have a rat virus and now we do Progress is being at the same time that the los Angeles discovery was being announced a team from Georgetown University school of Medicine said they had isolated what they believe to be a candidate human cancer or. Sarah Stewart professor of pathology at Georgetown said she had taken the virus from a 38-year-old woman with the same kind of muscle cancer As the seven year old girl at childrens Hospital in los an Geles. While she said she could identify virus particles in the woman s cancer cells or. Stewart admitted that she had not con firmed her finding by the same exhaustive testing done by the los Angeles team. We Are about to embark on that she said Over the weekend. We feel we have a human cancer pravda attacks maoism Moscow a the soviet Union has again attacked Mao Brand of communism. The latest Effort was a 3.000 c. J. Oort treasurer general to the dutch ministry of finance pointed out fixing currency rates within Europe will not in fact solve the problem of their value in relation to the Dollar. Or. Oort adds that although the Dollar would win in the Short term it would ultimately lose in the Long run since we re All in the same one Ger Man official observed if Europe goes into a recession i can t see How it can make a better offer to the United states than it can what has happened is that major political monetary and Trade changes have occurred simultaneously on the International economic scene and the various actors involved have had to react to them All at once. The common Market is growing from six to 10 Britain Ireland Norway and Denmark Are and it does not consider itself a Market any longer but an economic Community which Hopes within 10 years to have a single currency and ultimately some form of political Union. The United states is trying to solve its stagflation problems to curb inflation and stimulate a stagnating Economy. Europeans feel that a uni form managed International currency with a new base is and indeed a com plete Reform of the world Mone tary system. Trade policies which made sense for a Reco vering Europe and Japan now have to be reshaped. It is As if four cars were speeding from different directions toward a dimly lit intersection with a broken Stop sign. What is needed first is a policeman to direct traffic and then a Complete new estate to go for wine Friedrichs Hafen Ger Many a wealthy resident of Friedrichs Hafen who died recently left his entire estate to the Community. Each year on the anniversary of his death every resident of the town Over 65 is to receive two free bottles of Good red wine until the estate has been used up. Granted Loans Barrhead Alta. Up provincial Loans have been to allow construction of a Stock feed Plant at this Northwestern Alberta town 55 Miles Northwest of Edmon ton. The Plant which is scheduled for completion in mid March will specialize in feed pre mixes. Place a live Duck on the Throat. Pains will then pass to Duck to whom they prove fatal. Old roman remedy for sore 300ad. When Throat pain gets too much suck a Strep Sils when your Throat s so sore you can hardly Low suck a germ killing Strep Sils. Recommended for laryngitis and tonsillitis Strep Sils Are vacuum packed for freshness. And they melt slowly to prolong the soothing Cooling medication. Don t let that great taste fool you. Strep Sils really work. Available Only in pharmacies. The Beer Cinke Rye is Here. Like a change from Beer you be got it. Good Canadian Rye for a few cents less than a Case of Twenty four. Article i when the government agreed to communist party philosopher better working conditions for "-1 Pyotr fed Ovseyev argued that maoism is suffering defeat after defeat and its ultimate collapse is historically in Evita in an unusual move the official news Agency Tass repeated the Gist of the sunday article m More i is there a right to strike. I Beirut has bad a St lest 1 strike caused by a id per increase in titties fees at the j asses Kail Citver Sty of As As strobes by execs Rosy Docking a policy with forces a anti soviet j laarits a revival As j 6-Mao a Tinics a soviet press a period Rda so just prior to Elsaa s j a was Tut As Swass to the Brand number 319 Price to we ;