Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 8, 1971, Winnipeg, Manitoba 4 Winnipeg free press wednesday december 8, 1971 Anstatt setup probed at hearing a definition and description of an Anstatt a form of business entity which can be established in the principality of Liechtenstein was Given tuesday at the commission of inquiry into the Churchill Forest industries. The question of what an an Start was emerged during the testimony tuesday of Klaus of Wilhel staler a Mph of West Peter Ernst Papie Fabrik Germany. Or. Ernst had mentioned he Lumet Anstatt of Liechtenstein in connection with or. Alex Ander Kasser of techno pulp inc. Of Montclair new Jersey and the Selling of two paper bag plants and a paper Mill of the ernsts. Or. Ernst s Swiss lawyer mrs Jean turn Herr was sworn in and asked about the ans Talts in Liechtenstein. She said an Anstatt is seen As an establishment a Legal entity in which there is no division of shares. She said it is sort of a trusteeship. Mrs. Turn Herr said a founder setting up an Anstatt usually has another person establish the firm in accordance to Liechtenstein requirements. This person the trustee then signs a deed of assignment As signing the firm to the founder and agrees to act Only on the founder s instructions and to re sign on first request. It is the trustee s name and not the founder s which appears on the Register. Rexall drugs Rexall drugs Rexall Coric Idin Reg. Special. 78 Price in effect from Dee. 8th to dec. 11th inclusive available at All 9 locations of metro drugs Ltd. Rexall drugs special Reg. 12.99 to 24.99 women s dresses use your charge Retzki s 493 Selkirk ave. North Winnipeg free Aarau the Street choose from crimps Ferreli jerseys Etc. Assorted Stylet and colours. Sixes 14 to 20 to off lose weight firm up and trim Down Christmas special it would be a shame for you to look anything other than your Best this Christmas. We will create a program for you alone designed to help you lose that extra weight and look a Little trimmer in time for Xmas. You can Start right away by enrolling on our 10 visit for program. Your spa program will include me world s finest exercise equipment plus luxurious saunas Hydro swirls Sun Booths and grecian swimming pools. I figure contouring take advantage of Rixis unique Xmas get idea. Hydro swirl Pool Christmas special a one month spa membership gift certificate is included with every regular membership you Reserve right now. You May give the certificate to the person of your Choice is 2i years or Ever. Call a flit now till 10 . Tonight 9564110 9434558 she said it is required that the initial capital be Swiss francs deposited in an official Liechtenstein Bank. A minimum of one member is needed on the Board of directors and one director must be a resident of Liechtenstein. Other Money for the Anstatt usually is Loand in she said. She said joint ownership complicates things As there can be no division through shares and thus joint arrangements must be contractual. Mrs. Turn Herr said require ments for disclosure Are limited. Income tax is set at a Flat rate and no income tax returns need be filed. Also funds flow ing through the Anstatt Are not taxed she said. She was asked by limited companies then were needed at All. Mrs. Turn Herr said limited companies Are More serious. She said that in Many countries the mention of an Anstatt runs up a red and she said a limited com Pany can have shares and Divide property. She said it can take two weeks to establish an Anstatt in Liechtenstein. The commission of inquiry was to resume its hearings wednesday at 9 . Instead of the usual 10 . In order to possibly allow sufficient time to cover areas of knowledge of mrs. Turn Herr and of or. Ernst a financial adviser Lud wig Hoefeld who Are expected to have to leave Winnipeg on thursday. The three member commis Sion of inquiry is delving into All aspects of the Churchill Forest industries Complex. I rope to pay More . Blasts India continued in urges truce continued Days fail to take a decision and pass the matter Back to the As Semboy. The Assembly he said probably will tackle the Subjec again next week. Resolution of the Sovie Union which called for a cease fire linked political Settle ment and containing no references to troop withdrawal a s not put to a vote China the United states and Canada were among those sup porting the Resolution calling for withdrawal. The soviet bloc with the exception of Romania which sup ported the Resolution Cuba and tiny country on the Indian India cast the no votes. Britain and which could see Little use in the As Sembly action were among the 10 abstentions. Canada and Pakistan called during the debate for in super vision of any ceasefire. Canada apparently was laying the groundwork for in action in jetting some kind of presence on the East Pakistan Border to make any future ceasefire effective. G. I. Hearn Deputy Canadian ambassador also said it was not enough just to Call for a ceasefire and withdrawal and hat the in must Deal with the o 1 i t i c a 1 situation that had brought about the War. We believe that in order o be genuinely effective the All for a ceasefire should be accompanied by specific Unar to supervise it. We Ilso believe that the Security Council should be in a position o address itself to the underly no political he said the in can our failures hitherto in Only one Way by deploying the ins Titu ional and human resources of the in not Only for the install oin of an uneasy armed truce and the saving of lives but for h c creation of a durable it is reported that Canada Vas consulted in the drawing p of the Resolution and had in isted on the inclusion of a paragraph calling on the Secu Rity Council to take up the. In Dia Pakistan War again. The Resolution also Calls for intensified efforts to bring about repatriation of East Pakistan refugees from India and Protection of the civilian popu lation and says the Assembly will should the situation warrant. Signal attempts to reduce . Forces stationed in Europe and that the pressure for a reduction of the . Commitment still remains. The Nixon administration Jias been hoping to defuse this pres sure by engaging the soviet Union and its Warsaw pact allies in negotiations on Mutual and balanced Force reductions mfr within Europe. Discus Sion of this concept will be one of the top priority subjects at the meeting Here. However Hopes for an Early Start on mfr talks have been handed a setback by the failure of the soviets to respond to a nato plan to Send former Secretary general manlio Brosio to Moscow on an exploratory mis Sion. Although continued soviet communist Ottawa confident on surtax party Leader Leonid i. Brezhnev spoke if Nori specifically about mfr. Dur ing a speech tuesday in War the nato ministers will be meeting Here without the specific information on soviet attitudes that they had hoped to obtain from or. Brosio. That turn Means that will be some time before fur ther Progress is made on sex continued crisis would be at a Washington assistant Treasury Secretary for International affairs commented that it May be too much to expect the currency and. Surtax issues to be settled and wrapped up before Christmas but january is not far no hard and fast agreements came but publicly from a two dour Trudeau Nixon session late monday afternoon a simultaneous meeting of finance and Trade ministers and their officials or a White House ban Quet that followed. However or. Trudeau said e gained the impression that a solution for the International Exchange rate agreed on meeting dec. 17-18, or at the at St in january. The . 10-per-Cen t surtax on m p o r t s imposed aug. 16, would be withdrawn immediate y afterwards he predicted. Finance minister e. J. Ben son who conferred with . Treasury Secretary John con Nally forecast a settlement by the Middle of january. On so called irritants in Trade Canadian officials have tentatively planned o return to Washington next londay to negotiate detailed changes in such matters As Rade in motor vehicles defence equipment and uranium and regulations governing tourist buying in each country and other customs and Tariff prac ices. Poring the possibility of mfr negotiations. As a result the emphasis at tuesday s eur group meeting was on keeping nato defences Strong. And it was with that in mind that lord Carrington out going chairman of the euro group Laid such stress on the determination of the european countries to do More in their own defence. The billion figure mentioned by the British minister refers to the sum of increases that the european countries will make in their respective defence budgets during 1972 for forces committed to nato. In an official communique the 10 countries said in 1972 almost All member coun tries would be making significant increases in their defence budget provisions. At current prices the total planned in crease for 1972 is Well Over billion without counting certain Likely supplementary budget appropriations to meet further rises in lord Carrington declined to specify the precise defence Bud get increases planned by Indi v i d u a 1 eur group members. They Are Britain West Ger Many Norway Denmark the Netherlands Belgium Italy Greece Turkey and France. However he noted that these countries Are increasing their defence outlays at a time when the United states is cutting its defence budget. . Officials at nato Quali fied his observation by saying that while the Over All . De Fence budget has been Cut Back by approximately billion Dur ing the past two years the . Commitment to nato remains constant at billion annually. Earlier tuesday Sens. Edward m. Kennedy Democrat Massachusetts and Edmund s. Muskie Democrat Maine had criticized president Nixon s handling of the India Pakistan situation. The two democratic presidential possibilities took the position that the administration was prejudiced against India. Sen. Kennedy said in a Senate speech that the crisis started with Pakistan s suppression of East Bengal and that the administration s criticism of India threatened to alienate the one sixth of Mankind Liv ing in that country. Sen. Muskie said the administration continued for too Long to ship s to Pakistan in spite of West pakistani repression in East Ben the White House official rejected any implication that the United states Felt betrayed by India. But he said India gave no hint to the United states that its military attack was Immi nent and Washington believed even As the invasion came last it still had time to work for a political solution. In detailing the . Mediating Effort the official said the soviets took a hands off policy toward the crisis which May have had the effect of not discouraging the War. The White House Hopes he continued that the soviets will use their undoubted influence As he put it More constructively and not jeopardize the Broad movement toward detente in the world by seeking Short term advantages in such situations. The extensive explanation of the . Position by the official was at times defensive and even apologetic. The United states does not argue that India has not suffered from the influx of an estimated 10 million refugees from East Pakistan he said. It is not unsympathetic to in d i a s problems and values India the most populous free nation of the world As an example to the other developing nations. Recounting the billion in . Economic Aid poured into India since its Independence in 1947, including million last year the official said that at times the United states seemed to have a love affair with India. But the Indian military action against Pakistan was without adequate cause and was Neces sary he charged. However he refused to use the word a which . Ambas Sador to the United nations George Bush has used publicly. He said he preferred less Emo Tive word in the situation. When the United states finds it necessary to differ with India he said it does so with great sadness and disappoint ment. Neither or. Nixon nor his National Security adviser Henry a. Kissinger have an anti in Dian Bias the official said. The administration has attempted Only to get a humane and peaceful solution to the conflict. Farm returns total Cash receipts from farming in Canada reached a record in 1968. What happens after an air crash interviewing eyewitnesses examining charred plane wreckage analysing flight data listening to cockpit voice recordings it s All in a Day s work for members of . The Canadian government s aircraft Acci Dent investigation division. The december Issue of Reader s digest reveals How this dedicated team of investigators will go to almost any length to pinpoint the cause of an air crash. They probe 600 accidents a year and they will inquire into a Tiger Moth crack up As meticulously As a major airline disaster. Find out How Canada s air crash investigators Are work ing to make flying safer for you. In the december header s digest. Get your copy today. Advt. Mellow yellow Sale Good used carpeting. Yard 2.50 army surplus clothing All Wool Battle dress pants sizes 28-34. 1.95 55" x 84" White damask table cloths. 2.58 Bath towels 44" x 22" White. Each. All toys Price new and used office equipment files desks chairs All types safes All Sixes and types Etc., Etc. We also lease new office furniture. Government surplus for freight damaged furniture Large selection restaurant and bakery equipment Hobart 20 and Al. Mixer Complete with ill merits. Sweda soft ice Cream machine 2 fal. Texe. Ice making machine 400 in. Capacity. Hobart dish Washer. Crilli. E deep fryers. Cash Register and Beer tables. Many Many Mere items. Yellow warehouse open Man. Wed. 9 . Turf. Fri. 1 . Saturday 764 main St. 589-2745 free parking it Juit off Sutherland. Manitoba grown flavour fresh canned vegetables an adventure in flavour with a Story Book ending its How it tastes that really counts Ava Lahe at leading supermarkets and grocers Morden Fine foods Ltd. Manitoba development corporation Ato Kinf Tai Riff happen in Manitoba quitting ladies shoe business the sensational Sale of the year m ladies and men s me shoes group 1 ladies shows for Fine afternoon and evening Wear All sizes and colors values up to 19.95 prices slashed to a and less group 2 ladies shoes Fine Quality of better Gradyc shoes patents Silver Gold. Values up to 25.00 group 3 ladies shoes press Flats and hush puppies regular up to White duty shoes Amicks always carried Fine Quality shoes which Are now offered to you at these we Low prices. Men s shoes Fin a fade from Quality makers Haytt Dack Khau act Atuake values of to 25.95 Vaughs of to shoes 319 Portage ave. Opposite Eaton s charge ;