ate And Lyle | akes Offer For nited Molasses

LONDON (CP) — Tate and vie, the giant British sugar

bine, i6 making an agreed fer of £31,000,000 for United

olasses

The terms of the offer are 9s f cash, 12s of a new convert- le loan stock and two-fifths of Tate and Lyle ordinary share each UM share, making the tter worth 34s 3d.

By the close of trading Thurs- y, UM shares were standing 30s. Their book asset value %s 64.

United Molasses, a big cus m of Tate and Lyle with

OTICES

minority interests tn two Tete and Lyle sugar-producing sub- sidiaries as well as a fleet of

cargo and passenger ships, had |

a bad year in 1964. Profits dropped to £1,650,000 from £3,

700,000 before tax. The dividend /

is being cut to 15 per cent less tax from the previous 15 per cent tax-free.

Tate and Lyle, which tn | 1963-64 boasted profits of £8,- 700,000, estimates this year’s profits, based the present

told the divided at 10 per cent. Tht directors of hope to regain a profit level of

same.

‘NOTICES

eekly. Or Monthly payments

* NECCHI SEWI

125 Kent St., Charlottetown 202 Watér St., Summerside

OF ALL RATEPAYERS TO DISCUSS PROPOSED KINGS COUNTY VOCATIONAL HIGH SCHOOL

DE

Do: Business Where Business is Being Done .

all us. for service on all makes of sewing machines.

NECCHI SEWING COURSE

oll now in your Necchi Budget Sewing Course Course ongists:.pf Eleven Lessons, afternoon and evening classes, pert feaching, individual attention, all materials etc. sup- ied for..a nominal fee. Complete course can be pend for in

NG CENTERS

Tel. 894-8272 Telephone 436-5949

AT 8 P.M.

1963 Mercury

so =.. $2150

6\Cyl.“‘Automatic. Spacious com-

fort for 6 adults!

1963 Meteor

pee: $2195

@ Cyl., std. transmission. Extra

glean Inside and ont.

iL

r

g 968 | green and white,

ne

‘steering, low mileage.

SES 52950

BUILT FOR LUXURY LOVERS

26's one

1962 Falcon

ste 51495

mical.

1961 Volkswagen

Tudeetireen in color. We used

pends ieeansthand

1960 Chevrolet

Glistening black, 6 Cyl. Auto- matic.;)*March in before April

prices soar.

1963 Meteor

Custom Sedan, 2 tone blue,

Cyl. std. transmission. Join the

+ SPECIAL - . PARTS DEPT. AND SALES SHOWROOM

OPER

Every FRIDAY

TiH 9. O'clock

THE UNHAPPY WARRIOR

Those Sixty Days, A Terrible Legacy

By PETER C. NEWMAN The mounting problems of the low prices for }raw sugar, at arson ist in no £6,500,000. But/ it intends to small ase tosl ai oaa decis- ion taken during the hectic elec- two. weeks be-

jfore the Government even rea- £3,000,000 for the current year,!-ned office

are accepting the Tate and Lyle | offer for their own holdings and | advising stockholders to do the |that campaign in a buoyant | mood. As the Liberals saw it, ; the great national issue in the late winter of 1963, was Diefenbaker’s indecision. eignation aad “oral disarray | tive gimmickry of the Truth |named his ministry on April 22, wel (ounded a in which his vacillation had caus- | Squad or, the coloring book |Professor J.T. McLeod, a Unj- country at large that many ollow Idn't h t was evident os election Gay ap-|to match Dietenbaker ss 8 caro jecientat” labelled hia, choices, clothe careful scrutiny ft for t! tt med tural as “the most impressive array rtmen perm: Prince Albert was still a ‘doves | eae on the Liberal lead. a. | of brains and professional ex- ¢nt officials. Gradually, IPe — campaigner. |er’s decisiveness—the one trait |perts ever assembled in a Can-

something dramatically out of | tain. was reflected in Pearson's every ‘ve" suffered by a minister The original idea of trying to to pronouncement. To a iational finance

tion campaign,

Lester Pearson had begun

tatingly effective

the ordinary had to be done to | emphasize their candidate's as-

sets; they were equally sure that it couldn't be anything re- motely reminiscent of the abor-

SPECIAL MEETING

AT SOURIS REGIONAL HIGH SCHOOL ’ FRIDAY, MARCH 19th

| SHOP AT

a dual wheels, 6 cyl. Drive it. Check #. But harry.

1961 Plymouth

Sedan, Red and White, 3 std. transmission, clean inside and out. In

ie a "495 | $100 % $300

$1495

2 ton, cab and chasse, # cyl. Hastie over. There'll

Meteor

$650| $1295,

seve SEAN th tale any Gots Gy ot

1958 Meteor

strands of power with the easy supremely fitted for the

APPEARS DAILY tsiness_ of overning. Under, gan, Ottawa crackled with acti-|

in Guardian sheaves of policy papers, prior- ten by Ottawe correspondent (ity lists, and agendas, which Peter C. Trueman. who also (they expect will enable the wrote “Renegade in Pow- quickest take-off of amy new

tawa Citizen. When Pearson

igalvanize the nation's electors | ltelevision audience on April 23,

glorious interval was climaxed

revising the slogan to “60 Days |tions with UK. and US. lead. |, *0 Geclslos

of Decision”. On March 25, at a jers, which had been shattered

that “more constructive things | Government's — Speech

in himself. will be done in the first 60 days (From the Tirone vreewion ean firmly in the negative, and trom

that ent all discussion than in any similar period of fe 16 confidently elaborated oor

o resignation between the 60 Days” theme, outlining | conned. two

most But neither Pearson nor Gor- | @ rowdy rally at Vancouver by |tive measures. But al ast don, nor in fact, the entire Lib-

shouting that “the first 60 days |mediately afterwards, Pearsoa's 7); ‘1 Jt tviion has ever ~ been the same. The calamitous

will be @0 days of decision! end of the “60 Days. of Decis-

GATHER STRANDS PTORMY.CUMATE les ler te t valuable. genet: 8 t-| For one ;. Mechanics of its most v;

When the ballots were coun supreme eelf-denfidente ta tts

of a new Liberal Government

Canadian history,” and a week | the later, Pearson tried to subdue |@2 avalanche of major legisla-

Of a new Liberal sdministration /@rend design began to disinte-

to sgcene. io office, hata iat tha Throne Speech det ant | dozen seats short of a sasialy. load tae corp poly motion that fol-' In retroape

1963 Mercury

$1495 |= 7 695)

1958 Chev

pe Pen ee ae

lowed exhausted

time uritl] June 3 — "lof decision. only prevented Pearson | troducing new legislation, | set the stormy, w tionist climate of John Diefenbaker, ing to all the

humbled has-been, emerged stead as an angry tent on toppling Pearson's They set about gathering the ority administration. The climax of jn “eo confidence of men who felt they was the presenta’ on PEARSON SERIES 213, of Finance Miniter W Gordon's first budget. It turned out to be an ill-prepared if well intentioned document which fell “Pearson and his ministers apart under mounting pressure 10 articles on Prime Minis- jew to power equipped with from the parliamentary opposi- ter Pearson qqocteing “7 ; gov

sees sl ¢

z

if

i

|

:

rr. x :

gk s ft é

iii: : : i i oF

|

z & i

eB

fl : f

The innocent and useful pres- er” on the Diefenbaker ad- Government in Canadian his- ence in Gordon's office of three

ministrations. ,.” crowed the~ Liberal (t- outside tra my. 6 storm in the Commons and the

versity of Toronto politica) bis measures had not been sub-

was forced to dismantle his | Pearson's

brave budget in what must have jed inf:

In a note dated March 1), ——— cs ormal approv ja said;

“It Ia obvious that China's |!#70ur pale RHEUMATIC or tm poncluding this agree

ment is to. share the fruits : ARTHRITIC? __

aggression with Pakistan

to exploit Indo - Pakistani aod ior of rheumatic and

ferences in pursult of China's

aggressive designs on India.” fey cee ;

ef

of |and other schemes. Bu

time “The 60 Days of Decision” | federal powe e jesc h nded ended on June 20. What should | | waged Pt won a by pledging “a 100 days of un- um | ardship fae eg cualte ta have been the triumphant clim- | alistie election c precedented decision” was |daring, test the strong and give ** to Lester Pearson’s journey |own (based on jected ‘When Mrs. Pearson point. | new promise to the timid.” The into power turned out instead to |tion of the province's od cut that the “160 Days’ sit |e ecel cabinet moet ie virtually be one of the most difficult days | sources) and the Gan hed firet been applicd to the | see Ss session, mapping leg- °f his political career. At 9.16|bec had hardened. Ath period following Napoleon's Vo- | (Ce oe and the Prime Minister ‘at morning,.the Prime Minis- | Pearson was still proceedi turn from exile at Elba named | flew off to London and Hyannis. ‘T's good friend, Walter Gor-|the assumption that he by the rout at Waterloo.” It was | port where he triumphantly re- 40. walked into his centre-block ed Quebec's blessing, every

office and offered to res: Pearson himself who suggested jestablished the friendly rela. No camanteas reaches. dur-

sad_ confronta- “I Liberal election meeting in/by Diefenbaker’s international alee hour later, Pearson Hamilton. Ontario, he pledged By whether he had lost confidence

The answer was

E hi

é ;

ui

é :

a 5

with Chine rena er |peine any der with China through the Pak- ‘s. istan-occupied northern part of $1.65 at drug counters

Chinese Foreign Minister Chen Yi is due to visit Pakistan

|step he took into areas involving |; h 4% to sien a bord

shared federal- provincial jur-

The series of legislative Te- treats that resulted—all of them

“Should P.E1. Have One University” - MONDAY, MARCH 15th—8 P.M. ae

NUNMORELL HIGH 80 } 3 ee i

robbed the administration

Overs Stewart Hees Ltd.

. This is the key to your BEST DEAL - Because we must ‘SELL! SELL! SELL! SELL! No Waiting, No Fuss, we mean business. Our policy is to deal if at all possible.

See STEWART MOTORS LTD. and SAVE - SA

COME IN NOW WHILE SELECTION 1S COMPLETE . | 2 - 1962 Com

Sedans, & cyt. off. teansmie- ton. The economy ear that _ piven you big. car comiort,. Green or bine. _ONLY

1962 Ford YA ton

Thunts of ob

KENSINGTON HIGH SCHOOL

St a

eae

Se Pa SA a