Winnipeg Free Press

Winnipeg Free Press (Newspaper) - June 8, 1976, Winnipeg, Manitoba 12 Winnipeg free press tuesday june 8, 1976 Boeing representative claims his firm could provide planes by Victot mack1e Stalf correspondent Ottawa Boeing air Craft company s representative in Canada went firmly on record monday stating his the word is getting around Transcona Dodge is breaking All sales records Why we must be Selling at the right Price Transcona Dodge Chrysler Ltd. 801 Regent ave w pm. 2z2-7341 company is in a Positora to meet and overcome the financial problems that scrapped the Deal Lockheed corporation worked out the Canadian government. If any aircraft company was and is. In a position to Cope with the financial prob lems involved in the project it is our company and we made that Clear to the Canadian Ken Patrick a director of Boeing of Canada Ltd. And a consultant la hit american Parent firm said. Asked about the Nuriu a company memorandum dated nov. 14. 1975 which said the Boeing company would not be Able to foot production costs for the first three years of the Long Range patrol aircraft p r o j e e t. Or. Patrick Dis missed the memo As one be tween two lower Echelon officers in the company. _ it was one company employee writing a memo to an other. They were not at the vice presidential level not at the directors level. It was one Guy in a department writ ing another Guy his explained or. Patrick. Recognized in our representations to the govern ment that the Bridge financing posed a problem. But it was a problem that we could overcome. Gave our assurances to the project office team that we could handle the said or. Patrick. I was present when responded to the government on the question of financing the project. The project officers informed our people Back in october or Early november last year that there would be trouble with the Cash flow in the first three years. We said we could handle it. If any company could Han dle it Boeing was in a Finan Cial position to finance it and we made that Clear. Sure it would have posed a difficulty but we could have managed it and that Vas our response to what next for Lockheed Sheridan lifetime aluminium awnings add Beauty and value to your Home. Awnings keep out the Sun s Strong rays and prevent your drapes car pets and furniture from fair avg. Aluminium will give you years of Protection while adding value to your Home. Available in a variety of colors and guaranteed for a Long Long time. The decorator so Skidan awnings a Guak anted for 25 yaks Ordor now for Early. Delivery you can choose from a variety of desi6ns. Custom the vertical trim the folding the Ven Taire Oft Eft now Fok prompt of Livsky and installation. I Sheridan phone for free estimate 452-2805 aluminium doors windows awnings siding and picture windows Christian science Monitor Washington w h at now Steps if any. Should the Pentagon or Congress take to help out the financially Trou bled aerospace Industry the question Here Coin ing after recent disclosures that some Middle Echelon Pentagon officials were mull ing various ways of helping Lockheed aircraft Corpora Tion sell patrol planes to Japan is considered Cru Cial. Besides Lockheed a number of key aircraft manufacturers including Ltd corporation s Vought subsidiary As Well As the Grum Nion corporation and fair child industries inc. All companies which have had major military programs Are now facing Long Range problems. Moreover there is concern among Many Pentagon officials that widespread Dis closure of overseas payoffs for past aircraft programs is causing a number of govern ments to go slow on any new military aircraft purchases. Having a wide Pool of Der Fence contractors is consid ered important to keep re search and i ovation according to one defence spokesman. In past years it is noted Here such major aircraft companies As Republic aviation. North american aviation Martin Marietta and Douglas aircraft either have merged or gone out of actual aircraft production. While there now arc nine in a j o r aircraft manufacturers in the . Military related contracts though extremely Large in Dollar terms have become highly specialized. Actual production contracts. Pentagon officials note tend to be larger but fewer in number. Not every company automatically gets a slice of the Golden Gate twice a Flay tahe our direct luncheon flight to san Francisco or Oie breakfast connection via Calgary when we Hook your seat we Hook your ladle. Hot Coffee and warm smiles go along with a carefully chosen and prepared meal. We make the going easy. First of an you get a Choice of two convenient flights to san Francisco. And the Nice feeling that goes with Friendly in flight service acid on thine performance. . Ask an air Canada travel agent for details or Call us. We be got a lot going for you we be Goi More than just reserved ii computer can do More than get you a seat on the right flight. We can also arrange a car rental for a room in one of san Francisco s Many hotels. One Call does it All. Budget says one official. For Lockheed attention is now directed at two areas Sale of patrol aircraft to Japan and Canada. According to a Lockheed official talks still Are continuing with Canadian officials both at government and banking Levels Over the possible Purchase of some 18 p-3c Orion patrol aircraft. At the same time. Lock heed would desperately like to put together a Sale of 50 p-3c to Japan representing some s250 million for the giant aircraft company which received a Large . Government loan guarantee in 1971. The proposed Sale of the p-3cs. However Lias bogged Down following Dis closures of Lockheed bribes and sales commissions for past sales in Japan. The new York tints re ported that defence Secre tary Donald Rumsfeld was eager to help Lockheed make the japanese Sale and had proposed a possible govern ment to government arrange ments with Japan. But at a subsequent press conference in Honolulu. Or. Rumsfeld denied making such a direct intervention saying that discussions were made at a Middle Echelon level without his knowledge and that he specifically did not personally Send a Tele Gram to . Defence officials i n Japan outlining direct .-japanese arrangements. A staff memorandum according to defence officials proposed in part that the Pentagon act As a sort of for the Sale. The importance of lock heed cannot be underestimated h Ere. The company which posted a healthy sales report for the business Quarter ending March of this year is one of the Pentagon s oldest and most in o it a n i defence manufacturers. The said or. Patrick. He expressed As to How such Ati internal memo would become Public and have so much importance attached to it. These were two employees of Boeing who were drawing attention to the financial problems involved in the proposed Canadian con tract the problems were examined by the senior officials of the company and it was agreed within the company that the problems could overcome he explained. However. Or. Patrick pointed out the Canadian govern ment decided to go with the Lockheed proposal Rath e r than the Boeing proposal. At which Point Boeing bowed out. Subsequently or. Patrick wrote a personal letter to four ministers in the Canadian Cabinet. He stressed if for any reason Lockheed could not proceed with the project Boeing would be ready to step Forward again. Since the collapse of the Lockheed Deal Boeing has come Forward with a proposal to provide Canada with Boe ing As a Fleet of Long Range patrol aircraft. The Boeing representative contends that if the firm can get Quick approval from the government on its proposal the program for Long Range patrol aircraft program would be Back on track by the fall. Ottawa staff trea sury Board president Jean Chretien monday said that the need of s100 million to cover interest charges on the Purchase of 18 Orion aircraft Lockheed was Dis cussed last november. And he knew there were discussions w i t h Lockheed about it. The statement is response to an opposition question left Supply and service minister . Goyer shaking his head. The answer appeared to confirm statements by de Fence minister James i c h a r d s o n on several occasions that the s1uo million has been discussed before or. Goyer sent a Telegram to Lockheed Dee. 2 confirming the Purchase. Conservative members obviously wanted to poll All cab inet members of the Treasury Board on their understanding of the Issue. Allan Mcki Oulu conserva Tive defence critic posed the question to or. Chretien. Other opposition members continued the round. Public works minister Bud Drury was asked if he knew on dec. 2, about the defence department Lockheed negotiations. Or. Drury said that ques Tion should be put to the pres ident of Treasury Board. A similar question was put to veterans affairs minister Dan Macdonald. He did t re Spond. When Liberal House Leader Mitchell Sharp was asked he replied that he was not a member of Treasury Board. The polling stopped there. Lockheed builders at work in Atlanta Georgia and one More mystery the los Angeles times grand Cayman British West indies a mysterious consulting 1 i r in associated with Lockheed aircraft corporation h a s confounded authorities and even its resident manager by wrapping itself tightly in financial secrecy Laws. As . Senate investigators and Federal grand jurors try to unlock the secrets of the firm known As id corp., officials in the British West should we address you Contact the Manitoba health services commission if you be i changed your address name or number of dependants. 1 services commission 599 in press. Street. Winnipeg r3g 3h2 1 collect 786-7101 help us help you. Indies insist they have few clues. Even the company s new manager a Young attorney Iiames Ian Paget Brown held his head during a recent interview and moaned. Of. My god. I did t referring to id s involvement with alleged Lockheed bribery pay ments. In Short the achievement of id which is nominally headquartered Here shows How authorities in Caribbean countries can sometimes be hoodwinked by their own de Votion to confidentiality. F o r example Shig a t a y a m a a japanese american businessman told reporters in Japan several months ago that he is la s sole owner. Yet no official Here has heard of him. One would t forget a name like that would remarked stanislaus Grieff the Cayman police commis s i o n e r whose office occasionally investigates Finan Cial frauds. The government s Public file on id Only gives Paget Brown s address and the elate the company was incorporated. Robert c. Registrar of companies said he had u confidential file on 11 which showed Only no Minee shareholders not the real owner or owners. Bowl Dan said ii was an exempted company mean ing it did not need to file shareholder data with Cay mania ii authorities because it conducted All its business outside the islands. In most cases we re unaware of the beneficial owners of exempted Compa n i c s Boddin said. He added that the Cayman is lands i British Crown co Lony have exempted firms like id. The sketchy Public records show id was incorporated on july 25, a full two months after Senate Docu ments show it allegedly received its first payment of from Lockheed. White 394 Portage at. 87 Osborne St. 1076 main. St. 231 Portage ave. Wet ones moist towelettes limit 4 .99 Trivin nose drops .89 cloth Bug off insect repellent 1.19 pure bathroom tissue 4 a limit 4 .99 pre Sun screening agent 1.99 soft and Dri deodorant 10 of. 1.59 purity Cotton balls Coppertone lotion or Oil 1 1 5 my 1.39 Phenex 3 ply yarn 300s .99 matches Box of 50 .19 Magnolai laxative 16 of. Glass bottle .99 air Wick twin Pak twin Pak .66 baby Scott diapers Reg 30 or super 24 1.99 raid House and Garden 600 my 2.39 Gillette trac 11 Blades .89 Side Sunflower seeds 2 1202. White Cross antacid 12 02. .99 anacin 100s .99 neet lotion 100 my .99 panty Hose one size raid Block or strip repellent 1.99 Tarne Creme rinse 8 of. .99 sunglasses All types dim Tapp extent Abs 30 s 2.89 prices in effect from june 8 to june 15 we Reserve the right to limit quantities ;