Winnipeg Free Press

Thursday, December 09, 1971

Issue date: Thursday, December 9, 1971
Pages available: 88
Previous edition: Wednesday, December 8, 1971

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  • Publication name: Winnipeg Free Press
  • Location: Winnipeg, Manitoba
  • Pages available: 88
  • Years available: 1872 - 2025
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OCR Text

Winnipeg Free Press (Newspaper) - December 9, 1971, Winnipeg, Manitoba Winnipeg free press thursday december 9, 1971 Nixon attempting to mend Alliance by William Milun ship i opening up channels of com the . Decision in August to Washington special owns As president Richard Nixon Globe trots from Summit to Summit in the next five weeks he will be engaged in much More than a spectacular show of politeness. The strains Between the United states and its main allies have been such in recent months that the sum Mit meetings might Well have been necessary even if or. Nixon were not about to Pene trate the Iron and Bamboo curtains. There has been growing Unea siness in the United states about the contrast Between the administration s bold policy of Mun cation with peking and its j float the Dollar and impose a 10 per cent surcharge on a wide Range of imports. John Connally the american Treasury Secretary who Only a fortnight ago was saying that the confusing unyielding line in handling Western Trade and monetary problems. It was repeatedly pointed out that while or. Nixon was moving As promised from confrontation to an Era of negotiation with the communist Powers he seemed to be going from negotiation to confrontation with . Allies. The meeting in Home be tween the 10 finance ministers of the group of ten richest non communist nations has signalled a Sharp change in . Tactics. Washington now Evi Dently wants an Early interim settlement of the International monetary crisis precipitated by situation in which foreign currencies floated against the Dol Lar could last indefinitely has evidently received new instructions. The sudden . Offer to de Sam the cameraman features a Crestline projectors by Sawyer 1 never has it been possible to buy i a slide Price. Projector at such a Low i Watt for Cool Bright drop cd versatile tray system using circular easy edit and uni Venil trays or a stack loader. Remote control Cycle. Compact self contained Case and Only Sam the cameraman undersell everyone 485 St. Mary Avenue pm. 783-5522 visit the new Winnipeg Art gallery in our backyard. Of Retikis open til . Monday thru fridays till Xmas use your family card Retzki s dept. Store Ltd. 487 Selkirk ave. In North Winnipeg free parking Aeron the Street m Simpsons Sears Doug Jackson Winner customer Bonus Grey cup Pool shown above with or. C. Anonychuk advertising manager of Simpsons Sears Ltd., right is or. Doug Jackson of 233 Ottawa ave. Receiving in gift certificates for guessing the winning team and Correct total score in the Grey cup came 1971. Simpsons Sears offered a Point for Correct total score. Or. Jackson was the Only Winner. Value the Dollar against Gold made in Rome opened the Way for real negotiations on realign ing currency rates and removing the american import sur the negotiations will be Pur sued at another group of ten meeting in Washington later this month and at the highest level in president Nixon s meet i n g s the French president Georges the British prime minister the West German Chancellor Willy Brandt and the japanese Premier Eisaku Sato. This hastily arranged burst of sum Mitry and the change of . Tactics in the Money talks Point to a sudden realization in the White House that or. Nixon was in danger of arriving in peking on february 21 As the Leader of a Western world not Only in disarray but perhaps even heading for a Trade War. The danger was recognized with curious slowness largely it seems because of a failure of co ordination of the administration s economic and Overall foreign policies. In August the president became convinced that he had to make Radical changes in his economic the methods he had used until then had failed either to curb inflation or galvanize the stagnating Economy. At the same time the Dollar was in serious trouble and something had to be done to bring the massive balance of payments deficits under control. The new program president Nixon announced to an astonished world on August 15 had far reaching foreign policy implications. But the team of specialists who put the new pol icy together in a weekend of frenzied work at the president s country Home at Camp David near Washington did not in clude the Secretary of state William Rogers nor the pres ident s personal foreign affairs adviser or. Henry Kissinger. Or. Nixon s second in com Mand on this occasion was or. Connally the forceful self assured Texas Democrat who had joined the Cabinet Only six months earlier. It was he who took charge of the subsequent negotiations or rather confrontations with Allied governments on Trade and monetary matters. The state department was kept out in the cold. American Diplo Mats abroad could Only answer i Don t know when asked to . Terms for the removal of the 10 per cent surcharge. Or. Kissinger who had never shown any keen interest in foreign economic policy was in any Case heavily involved in planning the presidential visits to Russia and China the. Two other bombshells which Washington exploded in the course of the summer. However or. Kissinger after his return from a second visit to peking this autumn evidently a Jame to the conclusion that Secretary Connally s attempt to bludgeon maximum concessions out of Western Europe Japan just arrived from soviet Union musical instruments Bandura Balalaika guitar mandolins Candy Samovar Folk crafts mat Roshas puppets dolls. Records ukrainian and Ruimin operas red army chorus Etc. Art books it Atli and much Mere. For a different gift shop Coop bookshop 812 main St. Winnipeg 516-6101 open Fri. Til 9 . Sat. Til office Xmas parties St Cotlon spooky gifts adult party games novel Case novel gifts and Canada was creating Dee resentments without producing the desired results. The president was it seems getting similar advice from or Arthur Burns chairman of us Federal Reserve Board the . Central Bank who is ii regular Contact with Centra Bankers around the world. He was also aware that the dead lock Over International Mone tary matters and the fears of a Trade War leading to a work recession were1 undermining Confidence in the . Domestic Economy and exerting a dam pening effect on the Stock mar Ket. It became Clear that time was not on the Side of the . Although or. Connally gave every indication of believing was. Without some softening of the. . Negotiating position the europeans seemed pre pared to live with the . Sur charge rather than make the enormous political sacrifices involved in accepting or. Connally s demands for an upward re valuation of their currencies against the Dollar. The French in particular were Adamant that a devaluation of the Dollar against Gold had to be part of the Deal. The other european countries had also to consider the effect on Trade Between each other of the kind of currency realignment or. Connally was holding out for., sudden give in the position there is now a Prospect of reaching an agreement in a matter of months of this new year s party hats noisemakers balloons spec. Discounts to clubs comfy s crazy weekly special All adult games off this week Only Motif exciting shop Bazaar z4t a tort it Al Kurt Pikini next or. 942-7041 open Friday evenings 11-l-l-ll-Lvi-Ivtvtvivflvimvli air conditioner i for Sale a 3 ton a o i d s t r e water cooled upright. In Good work c ing order. W to for particulars enquire s j. Werier co. Ltd. 3, 238 in phone 942.0831 i would go Long Way towards putting traditional . Alli ances Back on an even keel. However or. Nixon is Likely to be closely questioned about broader foreign policy issues in his series of Summit conferences. To w far is he in fact c o m m i 11 e u to holding Bac Strong protectionist forces the United states which have been Given the Sweet tast of the import surcharge an buy How Strong is the so Calle Neo isolationism in a countr weary of the Long Vietnam a and anxious to concentrate o its Many real Domestic prob lems the Senate s rebellion Ove foreign Aid and its attempts t legislate a reduction of forces in Western Europe wer symptoms of this inward look ing mood. What effect will this Mooc have on the policy of the United states As president Nixon tries to make Fine adjustments t America s network of commit ments abroad the Summit meetings this month and next could Wel bring More immediate practice results than the spectacle o Richard Nixon sitting Down Vith Mao tse Tung. I cars outspend train Mexico City Mexico s last narrow gauge railway still delights Railroad buffs. The train runs from Mexico City to Puebla in 10 hours and 45 min utes making 44 stops along the Way. Cars and buses make the trip in about two hours. Fewer gained Canberra the major reason for the slower recent growth of new zealand s popu lation has been a drop in immigration. The country gained fewer people from Migra Tion in the past five years than during the previous five. 3 choices 6 passenger g.m., Ford or Chrysler cars Day or night plus Gas mileage rent a car 942-3366 rent a car Mustangs Torino gel ladies 4 24 or plus find pm. 786-6697 850 notre Dame at Simcoe Drc Rumbf Only pan am auction Sale bulletin today thursday dec. 9th . Approx. 400 selected Antiques will be sold in the mall hotel Rosewood room. Don t miss this auction Sale. Tell your neighbors Tell your friends. Auctioneer Joe Ostian phone 775-7717 Max Steiman and sons have been instructed by Cen Sers furniture Ltd. To dispose of the entire contents of their 291 Portage store by auction Sale unreserved on the premises 291 Portage ave. In 3 daily sessions tonight dec. 9th til 10 . Friday dec. 10th, 10 . -10 . Saturday dec. 11th, 10 . 5 . In keeping with our policy not to move any of our present Stock and office furniture to our new Loca Tion everything is being sold in an unreserved Public auction. Sofas and chairs Chester Beds recliners rockers dining rooms Odd buffets Odd Side chairs bedrooms Odd chests Odd night tables headboards Metal Springs mattresses Box Springs Hollywood Beds bunk Beds loveseats occasional chairs table lamps desks bookcases pole lamps swag lamps Coffee tables lamp tables end tables room dividers color t.v., Black and White t.v., portable t.v., stereos record players radios tape decks Compon ent sets ranges refrigerators washers dryers freezers vacuum cleaners carpets office furniture and office machines National Cash bookkeeping and accounting machines by sue famous makers As Pepper Bassett Kroehler Kaufman Sklar Drexel Simmons Selig Sealy Stiffel Mueller Kilgour Henri Vallier Princeville Henredon Weiman Knechtel Stanley Hesper Vic Art Ideal brass Lanark Fleet Wood Philco Panasonic acs Clairton Enterprise Hoover Lloyds simplicity Shelbern Woods. Remember this is not a Sale of gain but a Sale of necessity. Everything must be sold to the Bare Walls regardless of Cost Gens ebs 291 Portage 942-8161 Ben Moss s Warbri the diamonds bridal set Diamond Cluster Man s King. Cluster bridal set bridal set Cluster. Ring bridal set Man s ring Cluster ring bridal set 5 bridal set 6 diamonds s j diamonds bridal set 4 diamonds bridal set 8 diamonds bridal set. 6 diamonds s99.95 open tonight til 9 give someone a taste of Good value. Give our newest Christmas diamonds at Ben Moss we Don t merely talk about Good value we put or reputation for Vaimoe on the line. In 1ktitjng. Our Diamond Bend slates dearly. For size Cut Quality and brilliance your Ben Moss Diamond is the finest in its Price Range. Your Money Back in fall if Yoa can a better Diamond value for the Price within 30 Days from Date of i of envy j under 21 a j change Otow frs j to Jon. 71 ;