Winnipeg Free Press

Winnipeg Free Press (Newspaper) - April 27, 1972, Winnipeg, Manitoba Muskie cancels Campaign Winnic Tii muss thursday april 27, 1972 continued drawing his candidacy and he welcomes Campaign efforts on his behalf in several Small state primaries and in states thai choose their delegates to the National convention by state conventions or caucuses. Muskie s announcement left senator George Mcgovern of South Dakota As the top con tender in the democratic con test. Muskie said his initial Strate by of running in the first eight presidential primaries was a mistake. He said in a statement that he tried to make a major Effort and a major expenditure in every primary but had a maximum Impact in none. Nowhere were the consequences of such a strategy More clearly demonstrated than i n Wisconsin. Massachusetts and results and diminishing re he said. I have made a decision therefore to withdraw from Active participation in the remain ing presidential primaries. I do so with regret but i have no Choice. I do not have the Money to continue. I realize that this decision reduces my prospects in the Campaign. Nevertheless at the urging of friends and supporters around the country i do not withdraw my Muskie had been the Leader in Delegate strength despite his primary setbacks until tuesday when Mcgovern beat him in Massachusetts and senator Hubert Humphrey of Minnesota upset him in Pennsylvania. Mcgovern now almost Dou Bles Muskie in delegates with 235vi and Humphrey is closing with so. George Wallace has 77. Tremors Rock Iran Teheran Iran Reuter two Earth tremors tuesday rocked the Ghir and Karzin re Gions in Southern Iran where two weeks ago about per sons were killed and 60 villages destroyed in a violent Earth quake. No damage or casualties were reported tuesday. Sunflower Peanut sesame and vegetable oils Are All com Peting vigorously with Olive Oil in world markets. Just away continued the project As Long As it was funded by Public Money by they walked away when the Public Money or Evans told the legislature. Not Only do they want the government to take Over co Lumbia Forest products they want the government to take Over their responsibilities As a solicitor for great Northern said tuesday the Manitoba government wanted to take Over the Plant last december and operate it but did not want to make it look like a takeover. The Columbia Forest controversy touched off one of the liveliest debates so far in the current legislative session with members engaging in loud shouting matches across the floor of the chamber and numerous warnings from speaker Peter Fox. Progressive conservative Leader Sidney Spivak mean while charged that or. Evans tabled Only Docu ments to Back up the govern ment s position and that the minister s statements were not a Correct statement of he countered by tabling min utes of an april 12 meeting be tween the Manitoba develop ment corporation and representatives of great Northern capital at which it was agreed to Transfer All shares of Colum Bia Forest products to the rown lending Agency. Later premiered Schreyer tabled a memorandum to Mani Toba development corporation chairman or. Peter c. Briant which he said explained the minutes of the april 12 meet ing. The memo dated april 24, said the vote taken at that meeting to permit the Transfer of shares was contingent upon the Manitoba development corporation s decision to accept them. Or. Evans said Rodell corporation limited now great Northern capital assumed management of Colum Bia Forest products late in 19c7. Initially he said great Northern capital guaranteed a payment of Columbia s debt to the Manitoba development Cor o r a t i o n to the extent of and then Only under certain conditions. Later in 1969, great North Ern capital exercised an option to buy All the rest of Colum Bia s shares from the Corpora Tion for and increased its guarantee to an unconditional one for he said. Great Northern capital s obligation to pay Money under that guarantee is really the main if not the Only matter in the minister said. Or. Evans quoted from a let Ter of nov. 26, 1971 from the company s lawyer to the solicitors of the development corporation As follows the Manitoba development corporation has refused to give a direction or consent to close the Plant they have re fused to provide necessary working capital to keep it open they have refused to take Ove the operation and have ref Sci to enter into a new contract with our client for the operation of the Plant either for a Shor or Long term. "1 f you believe that of clients Are liable to the Mani Toba development corporation for a penalty of the courts Are available to you. What we Are asking and have been asking for months is that Manitoba development corporation take Over the Plant As. A going concern and see to the continuation for the contracts purchases and payment of the or. Evans said the letter hardly supports the allegation that the development Corpora Tion is trying to take Over the Plant under any Guise. Instead he said the letter accuses the government of refusing to take t Over. The minister said that on april 12, the vice president and general manager of great Northern capital wrote to the development corporation notifying it that it was divorcing itself completely from the management and operations of co Umbria Forest. He said the company took the action in View of the Termina Tion of an agreement last sum Mer and the failure of the development corporation to provide working capital or to accept an offer of great Northern Cap ital to enter into a new agree ment. The original loan of More than million to Columbia Forest was made by the progressive conservative govern ment of Duff Roblin in 1960. A further loan of was granted in 1964 to Western ply Wood company ltd., the owner at the time. By 1967, after three years of difficult operating conditions Western plywood ended its relationship with the Plant. At this time the indebtedness to the Manitoba development fund was it was at this Point that great Northern capital assumed management of the Plant and a year later built a lumber Mill Complex at the site with a loan of million. Or. Evans said in 1969 the Plant realized a profit of after depreciation of on sales of Over Mil lion. But Market demand declined in late 1969-70 which resulted in a net loss of he said. Aug. 12, t further loan of was advanced to Columbia for working capital to enable it to continue in operation. Or. Evans said that in de Cember 1970, it was apparent additional funds would be required to keep the Plant in operation and after consideration a further was disbursed. Then began a series of meet Ings and negotiations in an at tempt to arrive at a mutually satisfactory agreement for the continued operation of Colum Bia Forest said or. Evans. He quoted from a july 28, 1971 letter from or. Briant to great Northern capital stating that the development corporation wanted to terminate its agree ments with the company. Sept. 8, 1971, after a Sec Ond meeting or. Briant again wrote to the president of great Northern capital setting Forth the corporation s position As Fol lows that the corporation had fulfilled its commitments under he existing agreements. That the development co portion would not Advance any further Money to support co Lumbia Forest. That the corporation would be expecting Columbia Forest to begin payment of its debt and service charges. That the development corporation was prepared to Dis c u s s termination of great Northern capital s commitments under agreements. Or. Spivak noted that the decision april 12 to Transfer All shares of Columbia Forest to the development corporation was a unanimous one. Three members of the Manitoba development corporation were in attendance that meeting to vote in favor of the Transfer he said. Premier Schreyer however said the three voted in favor of the Transfer provided it could be established that the Mani Oba development corporation in fact wanted the shares. St. Vital House fire i claims 3 or. Kaminski said in an interview he and his wife found or. Gatchell lying on the floor in the living room of the Ivi Storey House. However he said heavy smoke made finding the Man difficult. We called for Fred or. Gatchell but All we could hear was him gasping. My husband said direct us with your voice Fred then found one of his hands and we managed to pull him out. It was hard though he s a big seven Oaks Ward wanted Winnipeg City Council will ask he Manitoba government to change the name of Jefferson Ward in the West Kildonan Community committee to seven Oaks Ward. Councillor w. H. Bill Sasaki old Council wednesday that resident advisers in the Ward lad requested the name change because of the historical signify Ance of the name seven Oaks. The West Kildonan commune y committee has agreed that he name Jefferson has Little significance in the Ward he Aid. The easy Choice. The smooth taste of Quality that is unmistakably Seagram s. Seagram s five Star Canada s largest Selling Rye whisky. "j31cndcd and Bott cd right Here in Manitoba see photo on Page 68 he said it took about five minutes to get the Man out of the Home and they had no Chance to Rescue mrs. Gatchell and her two children who had been sleeping in upstairs bed rooms. Mrs. Kaminski went on to say after we got Fred out the heat got just terrible and we could t get to Darlene or the kids. It was horrible Success with your Money earning a Good salary is Only part of the Battle of coping1 with today s High Cost of living. To make the most of your hard earned income it s equally important to have a personal Money pie practical system for get Ting full value from your financial resources. The May Issue of Reader s digest features such a plan devised by experts in Money gement to show How you can achieve your financial goals instead of just dream ing about them read a Money plan for of 38 articles and features in May Reader s digest. Get your copy today the police spokesman said the bodies of mrs. Gutchell and the two children were found in the bedrooms. He said All were taken to St. Boniface Hospital but died within minutes of their arrival. The spokesman said damage to the Home was confined to the Back Section in which the Kitchen is located. He said no cause has been determined but the provincial fire commissioner s office is investigating. Another neighbor mrs. Goth ult Drews of 102 St. Vital Road said she was undisturbed by the fire and was not told of it until a Friend phoned her at about . I would have slept right through it if my neighbor had not she said. When i woke up the firemen were just taking the bodies out of the port Arthur Australia port Arthur established in 1830 As a British penal Colony con fined some convicts be fore its prison was abandoned in 1877. 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