Guardian, t Mon., March 21, 1966, : tered by government.” Idecifing fhe ra costs of people could pay up te 980 & : / Sie Charlottetown. : . { Car Insurance A ae aeons in introdue- and co they wil fe pant tor A mintinns DORRIS* heal Pate oe poop $10-$12 a rg more dve 1 higher acck ‘ 3 B Ceres e % ~ ing. _ regulated compensation is he said would involve an increase in year,’ he said However, young. de nt rates

Seen Ignoring : . e | 4 ' . Crash Victims . » a “ of the automobile insurance dol- lar should go towards compen- sation for accident victims in- stead of auto repair, the presi- | dent of the All-Canada Insur- | ance Federation sid here *- “Canada’s insurance compan- fes will pay out something in the | j vear,’’ Merlin W. Donald of | * Montreal told a meeting of | about #0 insurance executives. | : rs . “Most of this. money will go} - ‘towards... . repairs to automo. | ! biles. Human injuries come out ; second best : ' SAYS PRIORITIES WRONG f “Common sense would tell us that our priorities are twisted. Surely people are more impor: | tant than cars.’ ‘thas worked with provincial gov- ernments on automohile insur- | ance policies including comper-.’ sation. d “If any conipensation system | is brought in, it will almost cer- tainly have to be a compulsory part of the standard automobile |

EDMONTON (CP) — Be t fir uty ' nb ! neighborhood of -$350,000,000 this |

For some time the industry | policy which.can- only be al

CHEMICALS ARE Risky | VANCOUVER (CP)—Captain |

Hub Wyers, an army demoll- 771 " : tion expert,.had the task- of BEAVERBROOK S GRANDSON ENGAGED removing highly explosive aged ‘ : ehemicals from the University ® Timothy Maxwell Aitken,:21, - shown .at Monirea} with ne Mantreal. “Miss Hansen !s ® | of British Columbia’s biology i grandson of the late Lord Bea- fiancee Anette Hansen, 21. Mr. ish des- |epartment. Isopropyl ether > verbrook, Canadian-born Bri-_ Aitken is_a third year arts stu- fashign mogel of oer oy jhas had to be naoaved and 7 tist newspaper publisher, is dent at McGill University in cent. (CP Wirephote) ‘exploded four times previously. ; STS Wilson Read is | Oe n e y Increase Halted we - WEW YORK (AP) — Under » 7 : BNE Pressure .from President John- 2 son, a major U.S. cigarette | Oo Ol n manufacturer has rolled back oe So, its recent_price increase. | a it . : Whit ed - LANDON (CP)—Brime Min- other Commonwealth countries, the “nave teade te Red Rew . ister Wilson said here (and not have this trade wrecked nolds Tobacco Co, : s hie Lobes oo _ Teady ta tae by the levies the Tories are &! Other tobacco companies in- = ' rh Thain inte.<he Luropean Com: n to Impnee.” - dicated they are~ considering 3 mon Market “‘if guitable | safe- ‘WELCOMED MOVE rescinding their increases, too, Great for rolling by hand or machine. Rear ire Commonuecith cou Wilson said he welcomes the {but nothing definite has been | Visit Us For Ideas F thase of the Commonwealth cap” f . Satine” thet | decided. Bet "h 9g - co : C : igri re is Se ceatin sale Paris no ao mans es he The rollback, Reynolds sald, | ‘ lolhoe Saying 2 Embassy Gift oupons Rises F was ‘in accordance with the | a : geilgekcs ay aint , in Bristol for the March 31 gen- 2i" joining the market, but the | °” ae ae - tin } —4 eral election, Wilson said Brit. French position an terms at en: ardent coavert.ot te president | GHANDLER BROS. | . in every pack, 10 in every tin, ain will set strict conditions for ‘TY = te be clarified. operation with his effort to | LTD, : d its entry into the six-country He said in addition to the in- | ay oiq consumer price increases | market. sistence on protection of tradi- now. | Building Supplies eta : 2 “Those conditions require that tional sources of food and raw | The eampany declined to say ,, No. 1 Plywood Place ; i . = os ‘ * we must be free to go on buy- materials, he could lead Britain how the president entered the Chitown, P.E. I. tne : : : ing food and raw materials, as |into the market only if ver > per F : 3 SAAT ® % : we have for 199 years, in the was to be no prepeetorel St ) ™ = 2 - - SaaS = a vee Sos EE = a cheapest _ markets. in Canada. trol over its foreign and : = . : : a Australia, New Zealand and policies. : : “On rmant ining Firms E SALU I E ALL SALESMEN DURING Ry LARRY WORKIN __ jery more than it hurts promo. ee : : TORONTO (CP ‘The Tor-|ters.. . - oe

onto Stock Exchange is con: |

vincing people it A hat it | says in its new ugh list- ing policy for Seanl mining | ;

Policy wi non a October, aay tics wondered if the move was)

just window dressing.

Since then, 18 companies have | been suspended companies with 19 during the previous nine

months and only seven jn all of 1954.

Under the new policy. com-

panies that don’t “meet mini- mum financial standards and haven't done any recent explora- tion or development work are to be suspended until they meet | these requirements. If they don't meet them they are de- listed.

Exchange Vice -_ President Mansel Ketchen says he. hopes |; publicity given the policy and the Exchange's subsequent ac- tion will shock same dormant |

cqmpanies into improving: them--

selves.

ECKING COMPANIES he exchange, he adds, Is

keeping a close check on some | othet-companies which may find |

themselves—coming under t new policy ‘ quate funds are being "sed for exploration and not just admin- | istrative costs."

This hasn't always been done, as fioted in the report last Oc- tober of the royal commission on Windfall Oils and Mines Ltd.: “In at least some cases, the profits which accrue to those en-

gaged in raising finances and | directing exploration are out of |

proportion to the money which goes into the actual exploration

‘to make sure ade- ,

When a stock is suspended or

flelisted, it ig traded on the oyer-:

” - counter rket, and its cp often en drops radically IF FICULTY

ne eeu has harmed us, because they have put us in 8 peculiar light with investors as a result of being delisted,” he says. “It will be difficult for a small company like mine to raise the necessary money to carry out further exploration | work.”

The. practice_of..raising.. money. for speculative compapies through the facilities of t change has been defended . on grounds it is the best way for companies to raise the funds, ‘and is less liable to abuse than iprivate placement of shares.

The new policv states copa- nies now must have ‘working capital of $75.00 over ane ahove the cost of acquisition of a prop- erty. or other specified asset.”

EYE REACHES FAR In total darkness the human jeye can detect the light of a ‘candle 14 miles away.

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“NATIONAL SALESMEN'S WEEK’

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=) 595.

6 cylinder ‘standard* with only 18,000 miles. Qne owner, radio, tires goad. in show room -condition, Carries our Good- will Guarantee. :

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