12 The Guardian, Charlottetown, Tues. Dec. 30, 1958

SIGN CONFESSIONS OF MURDER

Photographed together are Louis Moya, left, and Augustine Baldonadeo, the two men who signed confessions in the death of Mrs. Olga Duncan. in California.

- They said they were promised,

for the murder, $3,000 each by Mrs. Elizabeth Duncan, mother- in-law of the dead woman, and they led police to where the body

was buried. Mrs. Elizabeth Dun~

can denies any part in the con- spiraoy.

Work 01‘ Two Divers Praised By Commander Of Destroyer

By JOE DUPUIS Canadian Press Staff Writer HALIFAX (OP) —- The com-

mander of the damaged de- stroyer escort Huron said here Thursday a detemnined under- water struggled by two divers enabled the leaking ship to reach port in time for Christmas.

Cmdr. William Howe of Port Arthur, Ont, son of former trade minister C. D. Howe, said in an interview the two divers worked in frogmen suits for four hours in underwater darkness to reinforce the ship’s split hull.

“This was truly a remahkalble feat," Cmdr. Howe laid. “The water was terrible cold and the ship was pitching badly all the time.”

The Huron’s troubles began when she collided with a French warship while on autumn NATO manoeuvres in the North Atlan- tic. After repairs at Toulon, France, she sailed for here ex- pecting to reach home Dec. 22. But bad Weather held her up and Cmdr. Howe called for help T u e s d a y when heavy seas damaged the ship’s hull 600 miles off the Nova Scotia coast. CRAMPED QUARTERS

The divers, Lieut. R. V. Busby of Halifax and Chief Petty Of-

ficer J. Orr of Montreal, worked!

In cramped quarter: to‘ repair

Serious UK Sh

the damaged hull plate.

Cmdr. Howe arrived in port in time for Christmas, but missed his Christmas dinner. Mrs. Howe, who was on the dockyard jetty to meet the ship, said she didn’t expect her husband home for the festivities. "All I have ready to cook is some hamburg,” she said. “My turkey is ﬁrozen solid in the refrigerator."

The Huron carried only a skel- eton crew of 150. Water was pour- ing into the ship’s hull as she steamed into the dockyard, es- corted by the destroyer Saquenay and the frigate Buckingham.

The Saquenay reached the Ho- ron Tuesday and escort limping destroyer over the last 40 miles of the trip. The Buck- ingham came along side early Wednesday morning. : MET BY FAMILY

The crews of the three ships were given immediate leave. Chief Petty Officer Gordon Min- tal of Trail, B.C., hurried off the Huron and greeted his wife and three children who had come to meet him.

f‘I didn't expect this,” Mintal said when he met his family. “‘lbut I’m sure glad it happened."

The Huron will go to saint John, ,N.B., after Christmas to undergo repairs at the Saint John Dry Dock Company.

ipping Crisis

Is Seen by Lloyd’s Register

LONDON (Reuters) -— Lloyd’s Registry of Ships, published to- day, warns that the British ship— ping industry ﬁaces “a serious crisis" and the 'shipbuilding in- dustry in Britain, once the big~ gest in the world, also is in “pre- carious” straits.

Robert D. Hopner, president in the Chamber of Shipping in the United Kingdom, asserts in the registry’s annual review that ‘iwhaterver the ups and downs of the political world, whatever the international crisis, shipping has remained in the doldrums” and there seemed “no solid sign of improvement.”

There were 8,000,000 tons of shipping laid up throughout the world, and although British ship owners had not been as hard hit as some of the flag-s - of — con: venience owners, they still had an “unhealthy” proportion of their ships out of commission.

In addition, Hopner estimates that at least 1,000,000 tons of ship- ping for which orders have been placed may {lever reach the water.

CAN’T FIND WORK

Owners of tramp‘ ships could find ._ little employment. Even a major liner company had to lay up one of its ships and indicated that not all of its others were profitably employed.

R. W. Johnson, president of the

tion, writes that this industry is “really in danger."

Factors in the situation were recurring wage demands and the effect of labor troubles in com- peting with builders in countries where there was less danger of jurisdictional tieups. He calls for cooperation by unions. '

J. A. Milne, president of the Ship b u i Id i n g Conference, ex- presses concern because of the “very real threat of excess capacity” in the industry and says the world’s present ship- building capacity is enough to “replace the entire world mer- chant fleet in 10 or 12 years” as against a ship’s normal “life” of 20 to 215 years.

RECORD BOAC FLIGHT

MONTREAL (OP) —- A BOAC Comet jet airliner flew non-stop from Montreal to Londdn Sath day evening in six hours and 22 minutes, setting a record for commercial flight time moween the two cities, it was announced Monday.

SERVES TERM

BUDAPEST (AlPl—State Min- ister Istv-an Bibo, the last oﬁficial to hold out in the 1966 Hungarian revolt, is serving a term of life imprisonment, Communist offi- cials said Monday. Previously of- ficials disclaimed all knowledge

Shipbuilding Employers Fedora-lot his fate. .

' SEASON'S GREETINGS "

and

BEST WISHES

For

Continued Success

To

MCDONALD'S

SERVICE

STATION

SOURIS

ROBINSON SUPPLIES

LIMITED

V r“ “\

Foreigners in U

FuII Value For Money Now

' A ‘THONY WHITE ‘ lA‘Pl —— The poundilhan making ,“ boost Monday ' to comcrt when it becomes convertible. aslpounds he may have left over the economists say, within some after his vacation. limits.

This means that foreigners with Sterling funds in Britain can trade them for dollars or any other currency at official irate. This rate fluctuates from $272 n0 $232 t0 the POUHd but is, They already had a small generally $2.30. lmeasure of convertibility and

Previously sterling funds here this isn’t changed. could be converted only at a rate I MUST BE NECESSARY less than official. For example. they can convert

If you wanted. dollaps fori£100 into $280 yearly for travel

a simple mat tor

the change does not mean they can freely buy dollars or dollar goods with pounds.

l.\mcl'i(~au mm" l in Britain mhcr‘

ck lo dollars allylll‘ll

l

Pal‘adoyically. Britons will feel‘the the effects of convertibi .ty prob- could be exchanged ably less, than anyone else, For other currency they wanted matter the war~tha

l

r

l

of their on n currencies. Foreign countries

account: in In

on them when had trading bills to pay. They knew sterling in their accounts into any

large

use. GERMANY ATTACKED

In 1939 Germany attacked. and Britain had to announce that her reserves of other currencies were

inot sufficient to guarantee that had been a ruinous failure.

the pound could be converted serves she had she needed to without. restrictions. The re-

pounds you had to be prepared to abroad. And they may buy dol— buy vital war supplies.

take less than they were really lars for vital imports, but only

The so - called sterling area

worth on the world market by after satisfying the governmentlgrew out of this wartime need. accepting what was known as the that the goods are really neces- It is a group of countries which

transferable rate. This now is be-l inzg abolished.

sary.

For Britons, convertibility will

The limited convertibility of, still. be controlled by a system of the pound announced by the gov- import licensing. And treasury ern-ment makes it possible for‘o‘ffioials say full convertibility foreigners to get the real value I completely freeing the pound for of their money. foreign trade and investment is ONLY NON»RESIDENTS , still some way off.

The new money law applies Until 1939 the pound always only to non - residents. These in. was freely convertible. It re~ elude North American and Eu- mained so strong — even. during ropean bradens and tourists, but the hard days of the world tie it is the trader who will ieel the pression and the collapse of the full benefit. {gold standard—that a number of

The freer pound will have little countries officially relied on it as real eﬂfeet on the Canadian owl a standard for the measurement

accepted the pound as the official measure of their own currencies, even though it. was no longer strong enough to be freely con— vertible.

The sterling area now is accept- ted as a semispermanent feature of the trading world. it was never outlined in a formal treaty. Membership is voluntary and by informal agreement.

As of today, the sterling area includes all the Commonwealth countriewwith the important ex— ception of Canada. It also in cludes the British

the ~

and .

protected

g

t an at swear

TA it ES

Most Pretentious Embassy

C‘ Buildi

llt‘: m l ~ .‘ I .

.cnuvcl‘mbi .. Mr the whole \\m‘ . _ . ~} , > I .« v 4 J A A _- is, most . could he re - established after? ‘\‘I‘"“ UL] HI I \F) T

1 .,. gprmpminug emlm= ever builtl “$10,133,135. 194,7. Brim,” triedfby Ho Ulllle‘fl-Sialés will-be (lctlé—il 9.! convoymmiw' The at ' d Jan, 3 in a bare—faced 0-, llf‘Ll was (ljgagfpoug I ;lm‘l of the .Ifllll‘st‘i‘ to get ahead, 50 mamr people i‘mmcdiatcly “I the Inlan‘m‘s and T112“??? changed their pounds into dol— 1‘ Sign“ 0‘" a W00 n “ “1’05” ‘lars — the slrou .. currencyln‘mle mean”, Amemsmnf?‘ the meagre tween lots assigned to Russia an , British gold and dollar reserves‘com‘mum“ Chma' . were strained to the breaking And the magnificent l’lCW'blilldr Dulut, ling. a sparkling combination of ‘ On Aug. 20 —— 37 days lalepﬂlmarblc and glass. gives the U.S.’ convertibilitv w a s suspended. It i an impressive head start in what, ‘ lhas come to be known as New CIRCUMSTANCES CHANGED iDelhi's "embassy sweepstakes"! Circumstances have changed al The Soviet. EmbaSSY~ Ial‘ mm‘e; 1 good deal since 1947. isober and functional. Will not be] I Britain is no longer a war-itorn i read." {01‘ nearly a .Veaf- 011 the; nation. Her recovery, though notlother Side, the first S‘Pade 0f: as fast as hope-d, ils virtually earth is yet to be turned for thei complete. Chinese Embassy, which may bet The pound has been devalued, the largest of all. 1111949 the government de‘cided‘TO MATCH REDS , that the rate of $4.03 was too The project has shown an orb; high —. the pound was no longer vious American; attempt to keep, worth that much among the up With the neighboﬁ When the: world's traders 7 people next door are Commun-l So. Sept. 13. 1949. the govern-IISI-S- To all three nations. em- ment said the pound was now tolbaSSY blinding ‘18 IOOkQCI “13011 as be sold for $2.80. That is the offi~ i a method of wmmng friend‘s and;

cial rate even today.

European economic institutions I ern-ments think. no longer neces- ; have grown in the last decade so , sarin means that everyone wall ! that there is now a confidence in rush to buy the dollar. Nlow peo— .5 some European currencies that ple seem just as happy with g did not exist in 1947. other currencies, for the first‘

Oonvertibility, European gov— time since the war. I

i .

.lory. When India achicved its in- dependence in 1947. the country

n9 In India

mfluencing people. Y The competition at close quarﬁ \ilellCe between China w ters was sot up by a turn of his-z “a”: Illea‘n‘s path. I The American and Suva“. cover 25 a c res each, 1.. ind no buildings suitable to house bought the largest plot of embassies. Most of them moved'i acres. Canada owns a site iqu houses once occupied by ma- 1 area but plans are still 19“- » harajahs. preliminary stages, But New Delhi, growing at a Each of the Big Three 1, tremendous rate. required more located about $2,500,000 I”: room and so did the foreign mis— building.

with the live~point treaty a;

At the Office Party . . . The Club. Festivities . . . The Family Gathering; . . . The Rally of Friends. Or When.

we Drive on the Highway

Make Your Example

The Prince Edward Island Temperam’ Federation ‘

.Wu.ﬂ.._.im~..~m __ ,