Tight Money Policies nus. =: Affect Atlantic Region

FREDERICTON (CP)—Tight money policies| and U.S. steps to ease balance - of - payments

problems could reduce the flow |

of capital investment into Can- ada’s pene region, the presi- dent of Atlantic Provinces Economic Council said here.

John R.~O'Dea of St. John’s, Nfld., told the Fredericton Board of Trade capital spend- ing increases in the region are not expected to exc cent in 1966 following increases of, 15 and 19 per cent in the two previous years.

There are two major reasons ‘why reduced investment can be expected, he Said.

“One is the more restrictive monetary policy ‘being intro- duced._in\ both Canada and. the United States. The other is the latest move by the United States in its voluntary program to solve the American balance- of-payments problem whereby American firms are being asked to limit their investment spend- inc. in Canada.”

Mr. O'Dea said he recognized that. such programs could help

‘WO. per |

ease inflationary pressures, but stressed that . ‘ower-pres-

also growth this year: in. lexports as inflation could

i

danger the competitiveness of,

Canadian goods. Howevey; Mr, \O'Dea said current wheat ex- iports will probably fend off a potential balance - of=- pay- ments problem for the nation.

And he said the’ four Atlantic. provinces can expect ‘‘less stimulation in 1966. from na- tional and international eco- nomic influences than in the past two or three years.

“I hope therefore that’a re- | Strictive monetary._policy — will jnot make any severe dents in |the investment plans of both the |private and public sectors in the

ON THE AIR

| Atlantic provinces.”

The APEC president outlined recent economic expansion. in the region for the trade board,

The foiigwing program list- ings are -.published free of charge asa public service and appear as ‘presented to us by the: stations concerned. ~

MONDAY PROGRAMS CFCY-TV

1.30. p.m.—Musicale 2.00_p.m.—Film. Festival 2.30 p.m.—Film Festival - 3.00 p.m.—To Tell The Truth 3.25 pum.—Take 30 “4.00 p:m.—Bonnie Pridden Show 4.3) p.m.—Razzle Dazzle 5.00 ‘p.m.—Rin Tin Tin * §.30 p.m.—Music Hop 6.00 p.m.—Bachelor Father 6.30 p.m.—Gazette 7.00 p.m.=-CECY TV News 7.15 p.m.—Sports Weekly 7.30 p.m.—Mona McChaxey 8.00 -_p-m.—Two Faces West 8.30 p.m.—Don Messer 9.00 p.m.—The Fugitive 10.00 p.m.—Show, of the Week T1.01 p.m.—The Sixties 11.30 p.m.—Seven League Boots - 42.00 a.m.—CBC_IV News 1213 a.m.—Local Weather and Sports « 32.15 a.m.Sign Off

CKCW-TV

9.57. a.m.—Station -Sign On 10.00. a.m.—Canadian Schools 10.30 a.m.—Nova Scotia Schools 11.30 a.m.—Friendly Giant H1.45-@.m.—Chez--Helene 12.00 p.m.—Butternut Square 12.20 p.m.—Across Canada 12.50 p.m.—Monday Playbill “Ten Tall Men ‘ “2.30 p.m.—At” Home With “Helen Crocker 3.40 p.m.—To Tell The Truth 3-30 p.m.—Take Thirty 4.00 p.m.—Bonnie Prudden 4.90 p.rh.—Razzle Dazzle » 5.00 p.m.—Cartoon Capers 5.30 p.m.—Musie Hop -8[00 p.m.—Supper Club 615 p.m.—TV News y 25 p.m.—TV Weather 6,30 p.m.—TV Sports 6:35 p.m.—Supper Club 7:00. p.m.—Combat -00- p.m.—Bewitched , 8.30 p-m.—Don Messer BO p.m.—The Fugitive 10,00 p.m.—Show of the Week 11,00 p.m.—The Sixties 94530. p.m.—Glencannon : 12,00 p.m.—CBC National News 12:15 -a.m.—Viewpoint 12120. @.m.—LIV. News 12.30 p.m.—Station Sign Off

°

4

crcy MONDAY

“~"6:30—News and Weather 6.35—Morning Roundup 6.45—Island “Weather

Temp. 6.46—Morning Roundup - 6.55—News and Weather

* 7.00—Hebrew Christian Hour 7.15—Morning Roundup 7.30—News and Weather 7.35—Fatm Report . 7.40—Morning Roundup’ 7.45—Island Weather & Mar. Temp. 7.46—Morning Roundup 7.56—Sports Capsule & Scoreboard

and = Mar.

"112.00—CBC News. Weather and

| 11:00—C8C News

g

but said it would be ‘wrong to overlook several signs of weak- ness.” As an example, he called the regional unemployment sit- uation a ‘paradox.’ :

10.00—CBC Nationel News, On a Parliarent Hill and Speaking Personally

10.30-—-University of The Air CBC 11.00—News and Regione! Weather 11.05—Starlight Serenade 11.30—News and Weather 11.35—Starlight Secenade

“ Sports F ; 12.15—News and Music C \ CBA MONDAY 6;00—The Morning Show, Part 1 7:00—The Morning Show, Part 1

(Contd.) , 8: BC News and Inland Wx. 8: Maritime Sportscast

8:21—The Morning Show, Pert 3 8;35--Max Ferguson Show .

| 9:00—CBC News

9.10—Commentary 9:15—Assignment 9:21—A.M. Chronicle 10:00—Court Of Opinion 10:30-—-A.M. Chronicle 10:45—Playroom

11:05—Joan Marshall 11;15—For Consumers 11:20—Rural Commentator | 11:30—The Archers '1,1:45—Musie On The Heather 11:55—Assignment ; 12:00—Jamboree Junction 12:15—Tommy Hunter and Pals 12:30—Maritime Farm. Broadcest 1,00—CBC News and Weather 3 ~~ 1:15—Gordie Tapp Show 1:45—Time ‘Out For Melody 1:59—D.0. Time Signal 2:00—Time Out For Melody “ 2:15—Atlantic School B’cast “Listen and Tell Stories” 2:30—Atlantic School B’cast “Parlons Farceis” 2:45—John Drainie Tells A Story 3:00—CBC News 3:03—Trans-Canada Matinee 3:30—Trans-Canada Matinee 4:00—CBC News 4:03—Canadian Roundup 4:10—Musie In The Air 4:15—Music In The Alr 4:30—Assignment 4:35—Music In The Air 5:00—Mar. Fish Broadcast 5:20—Tempo ¥ 5;:20—CBC Notebook 5:35—Assignment | 5:45—Tempo and Notebook (Contd) 6:00—CBC News t 6:15—On Parliament Hill 6:20—Today’s Editorial 6:25—Inland Weather and Sports ~ Scores ; “

4

Canadian / pari

|sire for more dence.

of

1966. 9

4 \ i @

4 E

wel actually “unemployable,” while others lived in areas distant to where jobs existed and lacked the incentive and finances to re- locate.

For the time being, the: At- lantie provinces will “fave to’ continue to import certain skills, he said, but ‘this prac-

TORONTO (CP)—A. T. Lam- bert, president of the Toronto- Dominion ‘Bank, has criti- cized trends toward limitations on international trade and movemients of capital. ©

He told the bank’s annual meeting that regulations in Can- ada and the United States on capital movements “are in con- flict ‘with the operations of the they are a reversal of the. val- fant efforts of the post - war years to move toward greater freedom in international rela- tions.” o

This has two implications for

First they indicated a broad extension. of government inter- vention and guidance, with the US, increasingly influ- encing expansion’ and

in Canada. ‘This

development

is_likely to set up increasing strains on general -Canadian- American relations.”

Bank President Is Critical , Of Trade Limitation Trends

developing to allot capital sug. |

gested that some provinces may

tal the US.

it-is important for the

+ « currency countries estab- the fundamental soundness

of their economies. - : . |, If that entails some un-

Pleasantness or actual hardship Canada and other countries,

cost of restor-

said the Canadian econ- continues to show “impres- strength’

to " as it swings into

face controlled access to capi- | markets in both Canada and |

| ‘trading world that |

we must accept it as part; =

3sno

Q

8

tice must be caret oe ‘| with well-planned

retraining programs.’”

West Indies

‘Opportunity - Is Pictured

OTTAWA

(OP) — Norman Journal. said here that Can- ada has a rare opportunity to)

But in an address to the Cana- dian Club he questioned whe-

A copy of Mr. O’Dea's speech | was released in advarice of de-'

Smith,. editor of the Ottawa)’

help the. West Indies embrace) - and ¢herish. democtatic ideals. ~

Secondly the rationing system RIPLEY'S BELIEVE IT

ther’ this country is carrying its

-|share of the Commonwealth re- |

sponsibility there.

nadian delegation at recent ses- | sions in the West Indies of the Commonwealth Press Union, re- ported storm clouds may be ga- thering there because a unemployment a gre indepen.

What the West Indies want most is to send immigrants to Canada “and we're no great help here,” he said.

Canada accepted 2,000 yearly. from the area, doing little te. ease the unemployment prob-

lem there, teed Bringing great numbers~ of |

-lwest Indians to Canada might | i

not. do Canada or the West In- dies any favors. 5

‘But I say we should be frank about this, and not. hide behind | theexcuse_of saying their peo- | ple are not trained.”

Canada could help the. West Indies. in its economy, trade, housing, ..schools and industry and in teaching the skills-of-

t. < ernmen cme

G. Martineau a Jailed, Fined

QUEBEC (CP)—Gerald Mar- 63, .a. member of

sen-

Nationale , has been ‘ee fined

tenced. “to 90 days and

6:30—Business Barometer 6:35—Who, Will Coma With. Me 6:50—Rod and Charlés 7:05—Music In The Evening 8:00—As Time Goes By 9:00—Country Magazine 10:00—CBC National News ‘ 10:15—Today’s Editorie! and Speaking Personally 10:30—The Best Of Ideas | 11:00—Monday Concert 1S. Transcription Music | 12:00—CBC News | 1203=Sports Scores, Inland and

‘CUT PEACE FORCE

Mr. Smith, who led the Ca-) |

OR NOT

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SSWORD

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.00—News Marine Wi remain unchanged One letter simply stands for another. In this sample A is used 5 elon ¢ ot _ for the three L's, X for the two O'a, ete. Single letters, apoe- .16—Morning , Roundup ; . trophies, the length and formation of the words are all hints. | "gy

ee in eme | CONTRACT BRIDGE |" samen P 8.50—Atlantic News Roundu : 8.58—Thought For Today ie Pan, a " A Garam Gotetion, 10 Rce-creytonel: News”. Se ‘By B. JAY BECKER HZXG MEOK@XUU EU -UIMME |Q). alt -Preview” Cone dike EXGV, OSUZGXUU EU 164 x ten” | Baik dealers Jovan thagh te ald bere] SEXY. ey weezoxt: |S 10.00-News & Weather East-West eee known from the bidding that de-) ysOR.—GSWNIXNG a.

.25—Sunlight. E RTH clarer would hearts. et 5

E apn dea Mle 1103 . | |South ruffed the and easily Saturday’s Cryptoquote: FEAR I8 THE MOTHER OF 11.00—News .and Weather 9 aaa’ : risk grand slam for a score FORESIGHT.—TAYLOR a,

A 11.05—Women’s Institute Program ® , ’ points. ‘e Ming Features : . St 11.20—Notes and Music $1965 aati piding ot the second enble mae ne Syret ) z 11.30—Montague Entertains ‘WEST | ; EAST ' a sensational : ‘ , 4 : <i 11.45—Bulletin Board axQst §A0T682 Invent: | OUR BOARDING HOUSE MAJOR HOOPLE C_ 11,.50—Notes and Music " oe Ww East South West North : * : } Q 11.55—Atlantic. News Roundup nae : 2 7 Pass Pass 12.00—Westher 4 1032 eis 72 es i ; to oe aie : eee ei Nation od wee rn The two diamond bid, in tine | [OWS HE MASTER: ) (i iance muna DOESNT ALWATENCAN Harte]. | oo | 12.30—News and Weather inter with @ ’ ph PIECE GOING, PROF Z. con TO CUNASICAL aN akties go 12.45—Town and Country Time ¢-— ms ag ot pe gee wig! Hv BONS TOLL, 070 he a ak pepe eee eon | 1.00—News and Weather @AKQIN6S mn bart a Coa are _ | ME YOU RAN FOOTNOTES, THREE MORE LONGISH) ce uw 1.05—Town and Country Time @ AMG 83S with great length in both bio Hee sn One 4 [AND A SIMPLIEI&D TITLE! TM Now AllWAsH/ zx V.1S-xGordie Tépp Show The bidding: East certainly had the right! {cuapter on ||CALLING IT CORRELATIVE FACTORS Hf hi ot alle pe aD Mot. ‘South West North |uand for this convention. AUSBANDS!,2 | INVOLVED IN FREQUENCY iy et | 2.00—News and Weather Pass 20 20 86.” Se te noes, a: 7 \_, DISTRIBUTION OF - |. 2.05—Mostly’ Muses 4a 1 oun moe ; Somene COGNITIVE. DISSONANCE / ee 4 3.00—News Headlines -& Weather. 1 oh bits iy. end Wont,’ “ Cere- . 1 : 3.03—Trans-Canada Matinee Opening lead—sce ae eee whether 3.30—-Mostly Music Here is an extraordinary hand _ could, make ‘his contract, : . 4.00—News Headlines and Weathe/Which octiirred in the Reisinger | waa West should _ probably ee eS _ cy Sh cookin aa Cup knockout: team of four |have bid seven (or z + ie ¢ -

4N0—Tops In Pops championship in 1964, hearts, )but his ¢ to act eS). aa. El Ne §.00-—-News cand. Weather At the first table, the bidding |cost him nothing when it turned c

6.05—The Outports went as shown: East (Mrs. Mimi jout that East now bid seven M “Tie 6.25—Marine Weather Wolpin made the excellent bid = m = §.28—The Outports ‘ of four clubs in order to direct| South doubled, of course, but Ry _

“Eo. News: Godt Weather a club lead against a possible |Bast did not have the slightest A a 615-On Parliament ’ Hill- }\seven contract, She |trouble making the contract Y > 6.20—Today's Editorial expected to bid as high. as. six) So the outcome of the hand "7 S 6.25—Sports Parade hearts and then defeat the grand that East-West scored 2,470) [S , Z / 6.30—Business Barometer slam by. ruffing “the. opening points as a result of making the wei yg 6.35-ATonight’s Music Jead. Nae grand slam, after ~ team- rae 22,

7.00—Back tothe Bible © West unfortunately did not |mates at the other table had also) f/m...» Gee 7.30—News & Weather |realize the ot the four |made’ a grand. slem with the SONI a

9.45—Tonight’s Music club bid, South jumped to | Nort oe oe The net gain} | RSTAND HIM ® 7 gc a

8,00—Project 66 CBC seven diamonds over it, he dou-jon the deal was an astounding ene = ] 9.00— Time \bied led the ace ef hearts '4,100 pointe! Poe oy aM ae

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