bowaier Cina INCA COMSIAR: Ss pees ate Plant Expansion Necessary

LONDON ‘ey — Sir, Chris- £16,379,000 ($49,137,000) in 1965, |

topher Chancellor, chairman of compared with £14,554,000 in| This would come into’ p

“niust continue to expand to|

Mieet the growing requirements|most operations,

While profits increased “profits

tor | in |

of customers in. their supply | Canada on ‘the other hand were

areas.’

“It is in North America that Great reserves of forest raw ma- terials are still to be exploited.

down,”

=

and it is in the United States | fore tax were £600,000 less

that consumption of pa

Sn, eens Berey lemand

1 tin ‘ster {9 production problems. at mas to en as 6 ee a deck are

world,” Chancellor said™ in his with th the rebuilding of one of the |

than anywhere else in the ©

annual report published Wed. | nesday.

Consolidated profit before tax- |

“But

newspring machines:

“LABOR ADDS TO Costs labor costs

increased

Chancellor reported. S was due for the most | ports

to a disappointing year in ewfoundland, where a be-

ation for the company and its |and higher expenditure on wood

subsidiaries, inchiding those in | procurement in our forest limits Canada and elsewhere, totalled'also added to the cost of po-

é ae \, oe

| Rezries rues te Canaan | SUIPHUE Oe su aries, ans to a new pul a’ paper mil in whe Plans Future :

‘ish Columbia in 1968 -or 1969, NEW YORK

roduc- tion in 1971 with a. daily, output (Gulf Sulphur Co. reported Wed- | in the range of 600 to 1,000 tons, Resday that 1965 was “‘a year of | Chancellor noted that the Brit- building for the future." ish govérnment, is placing ite Claude Stephens, president, | creasing effort on the country’s in ,an annual report to |” exports drive, but he said the arehedars that rapid pro- gives the word “ex. |eress was made in several of a “narrow interpeta-|the company's diversification | projects

tion:”* | . Though the company was a major dollar oe and con- earnings from the sulphur busi- substantially to the | ain’s balance of payments, water could not claim Baia narrow delinition . of ex. | ‘incentives. \seeth tt te aecomae ee’ ae “We suffer ‘disincentives’ in-|‘exporters’ may in the longer | stead. The flow of the economy | term come to suffer from a is being twisted in many direc- surfeit of ‘incentives’ and that.

| ness

(CP) — centrator near Timmins, - Tense moved ahead rapidly. The ,jthe Kid Creek project has been ‘increased — to 2,000,000 tons of ore annually. The company reported earn- lings rose to $18,160,941 in 1965 from $11,556 189 in 1964. Earn- tings: per share climbed to $1.81

He reported’ that sales and {fom

improved substantial Fellowships Annouited

tions by methods of discrimina-|some of them may export to|Council W

tion “of various "kinds and by the detriment of the economy | pre

ey

Gta es ‘Rad deruinge rose by 57 per -cent. :

«He said development of the Kidd Creek Zinc mine and construction of a con-

- copper-silver

Ont.,

productive capacity ot

Che Guardian -

SECOND SECTION

“Covers Prince Edward

°

Island Like The Dew”

Charlottetown, Thur. March 31, 1966. 17 i

3,000,000 from

lated

$1.15.

fields.

Recipients _ provinces, - | Nova Scotia — T. B. Ciuciura, ° } Halifax; M. MacInnis, Sydney; | J. E. Smith, Middleton, |

New Brunswick — A. E. Elli- gon, D. M. Hurley and F. T.| Walton, all of Fredericton. oc ac Aa atts AE

chology, political science and te

in the Atlantie |”

COST IS INSIDE

casing

OTTAWA (CP)—The Canada| : announced doctoral Yellow. in | the sociology, psy- tread.

More thari two-thirds of the, cost of an automobile tire is in| the |

rather than

| |

Impala Sport Sedan

Now's your chance”to find out what makes -Chevrolet-tick..... what makes it the best value in the business. Your Chevrolet dealer has his biggest selection of new cars in stock, so come in now and test drive just

about any one of Chevrolet’s 15 models.

You'll be amazed at how fast you'll acquire a taste for Chevrolet’s Jet-smoother ride (it’s that beautiful Body by Fisher (it's so luxurious) . . , that sure-fire Chevrolet

so relaxing)...

2

A

‘changes in taxation. In this cur-|as a whole.”’

performance (it’s so exciting). It's that.com- bination that makes Chevrolet such a great buy. And when you sit down to talk price and

trade, you'll discover that these really are

Car Buyers’ Field Days.

Why? Because this is your Chevrolet dealer's peak selling period. He has more cars in stock, so he can give you the -best new-car deal going. He also needs good trade-ins, so he can offer you the best

.

or model.

*9

A.

price for your car, no matter wnat make And because he probably has the car you want right in the showroom,: he can give you genvery in a° matter of hours.

. Tomorrow, go see your Chevrolet dealer and pick your kind of Chevrolet: No matter which one that is, you’re sure of getting a really great deal right now during Car Buyers’ Field Days.

p

\

ISLAND CHEV. - OLDS.

CORNER OF EUSTON AND WEYMOUTH,” CHARLOTTETOWN .

Be sure to see Bonanza over channel 13 -at 10 o'clock Sunday night. ~F Ser

4

SRE seets seg ears rn in leat tee tig sic

AU THORIZED CHEV ROL ET TRUCK DEALER IN CHARLOTTETOWN

LTD.

’ Phone 894-6577

'

~

> €.7668

Recovering

- Liberal Member of -Parlia- ment Ralph Cowan (LEFT) leaves Liberal caucus at Ot-

TORONTO LIBERAL EMBARRASSES GOVERNMENT

Okanagan Fruit Farms =: .

KELOWNA, B.C. (CP)—The Okanagan fruit industry is re- covering rem oe a. aye ee

out soft wet ries some +- John Smith, the te lumbia government supervising horticulturist: here says indica-

tions are for a sizeable crop in 1966. .

The industry was set on its ear as a result of the freeze-up in the winter of 1964-65.

Mr. Smith says many trees were killed outright and many more received bud damage. He ye WE CMe a8 ee ane — for the industry to fully

se full extent of the frost damage is still under investiga- tion in many areas of the lush Okanagan Valley.

But comparative figures for the 1964 and 1965 crop seasons give a good illustration of how badly the industry was hit.

crop staggered to

Sin) tod heen 36,000,000 | ‘|pounds. Apricots hit. 520,000| ;

pounds from ‘19,000,0; were reduced to 6,00,000 pounds

fromi Neer gredeag eos cherries. 000 from 5,000,000;

He

ar

5B}

i i 3 ine

ia. per cent

ad :

= _8 at 2 Ze

i

agi Ba §

torre Wecreneet frre eoree the Commons by blocking however, gave no indication tion that he is in danger of moves to have the capital pun- Cowan is in danger of being Rein eyeing rem te seueee ishment debate extended. At expelied from the party - ‘caucus. “(OP Wirephoto).

at

for orchards of less’ than three

SPECIALS ON SUNDAY MONTREAL (CP)—City coun- cil has decided ie permit the

vitalize the atea:

A Vietnamese woman sits arid the wreckage of tier “Saigon hiome. after it was amashed early Wednesday by e@ Viet® Cong ‘terrorist bomb °

aimed at a nearby U.S. mili-

VICTIM OF VIET CONG TERRORIST BOMBING

tary billet. Four or/five Ameri- cans received minor scratches in bombing that tore a 20-foot _section out of the concrete and brick wall ‘surrounding the - downtown villa..Bombing came

.

yl

on. the anniversary of the bombing of the U.S. Embassy a year ago that killed 22 per. sons. (AP Wirephoto by radie from Saigon)