Royal Bank Joins E.P. Taylor Plan LONDON (CP) — The Royal Bank of Canada and Britain’s Westminster Bank- Ltd. an- nounced here they are join- ing with other financial organl- zations to establish a $30,000,- 000 lending corporation in the Bahamas under the chairman- | ship of Toronto industrialist E. P. Taylor. ‘ This big new venture will help | strengthen the pound since a substantial volume of Canadian dollars will be moved into the new venture and converted into sterling, said R. W. Shannon, general manager of the Royal * ~SSCOCCCHS OOSOOOOe . r May We Accommodate ¢ your ; When you are in Halifax the modern comfortable. centrally located STERLING AOTEL fs the olace to stay! 666644644 Seee COCCOCCeCeeesc* sere are oul s tew of the Sterling’s teatures ® Licenceé Otning Soom 9 Pree Parking fer © Cars @ Family ané Group Plans © Commereta) Rates FOO SO SSO S OS SSSSSCSCSCCS Bank's international division, who flew over from Montreal to participate in the announce- ment. Others present at the press conference included Canadian- born publisher Lord Thomson, a director of the Royal Bank, and D. A. Stirling, chairman of West- minster Bank. Other major participants in the new opération will include the Hong Kong and Shanghai | Banking Corporation and Mor- gan Grenfell and Co. Ltd. The new company wil] be known as Roywest Banking Corporation Limited. It's head office will be ‘in-Nassau but it will operate throughout the West Indies Com- monwealth area. a main purpose will be to and develop = loans, principally for in- 'dustries but also for housing at Taylor was chosen chair the new cor- poration bec he resides in the Bahamas and is well known Shannon said internationally Taylor also will continue as ‘chairman of Trust Corporation | of Bahamas Ltd...“ which will come under contro! of*the Roy- west Corporation through an exchange of shares Initially, the Royal Bank’s more than 50 branches in the Caribbean will act 4s agents for |the new corporation Laboratory Construction Is Started DARTMOUTH, NS. (CP)— Construction of a $1,250,000 ta- boratory and headquarters for the Nova Scotia Research Foun- sity, beginning Miss Rooney. BOARDING HOUSES WANTED To Supply Room and Board to Students at St. Dunstan’s Univer- Call 2-1248 with details. Ask for a about Sept. 13. | dation was started hee when Chairman Ian MacKeigan of the Atlantic ae Board turned the first the Dartmouth site. Mr. MacKeigan said construc- tion of the three-storey building “marks a vital forward step in the development of the Whole Nova Scotia economy.” Works in the new laboratory, to be situated? on a 10-acre site in the W ide district of Dart- mouth, will centrate on re- search in applied biology, chem- | istry, physics, geophysics, pho | togrammetry and operational research. ‘and secondary industries must be encouraged and assisted by modern research facilities. (ttorney - General R. A. jahoe said the ADB grant made | ‘the building possible and “‘indi- leates the board is carrying eut- very wisely its task of promot- ing the economy of the Atlan-| tic region.” GIRL DRAFTED; GIVEN CHOICE ROCHESTER, N.Y. ‘AP) Charme! Bobby, 18, a June graduate of suburban —Pen- field high school, received a US. Army draft notice here. | But she told the draft | board she'd rather be an | airline hostess. Charmel had been inad- vertently listed among the school’s male graduates. She | was even offered a chance | to serve in the military po- | | "lice: ONE CITY IS OLDEST >Group, | Nuns May Form Separate Order VICTORIA (CP)°— The six nuns who run the Good Shep herd shelter for abandoned ani- mals near here may try to reconstitute themselves as 4 separate order. Mother Cecilia Mary said here she and the five sis- 'the action was being contem- plated. | followed a fresh order from the }Roman Catholic Church for the |nuns to turn the shelter over to a lay agency or, abandon their |religious vows. The Benedictine priory and \its order of the Sisters of the | Love of Jesus were founded by Mother Cecilia who brought the | Anglican order into the Roman Catholic Church several decades | ago. The church has stated it does not conside? the nuns at the metchosin shelter are leading an “accepted religious life.” BUSINESS BRIEFS TORONTO a funds, has raised its semi-an-| nual dividend to 3 cents a’ |share from 15 cents. TORONTO “(CP)—Power Corp. 4 |of Canada Lid. has increased its | dividend to 10 cents a share |quarterly from nine cents. TORONTO (CP)—A new trade | show, the international apparel - ction show, will be held produ |May 9 to 11, 1966, in “Toronto. | Exhibits will include machines, | equipment, accessories and find- ings involved in apparel produc- | Che Guardian “Covers Prince Edward Island Like The Dew” Charlottetown, Sat., Aug. 28, 1965. SECOND SECTION HAND WASHING FOR DIEF Opposition Leader Diefen- baker, left, has hands washed ty Abbot Dom Sylvian during Mr. Diefenbaker’s visit to a Roman Catholic monastery at St. Denoit du Lac in Quebec's Eastern Townships. The wash- PAGE 9 gation, surveillance of ocean | and air traffic, communications and inspection and perhaps de struction of enemy satellites The result would be a Buck | Rogers - type patrol involving scores of manned spaceships ing of hands {s in keeping with a centuries-old tradition of | the monks. : 4 (CP. Wirephoto) |operating out as far as’ *the The Syrian city of Damascus/|tion operations. Requests for is the oldest continually-inhab-| space have been received from | ited place in the world, being) Canada, the UnitedStates and BEST FINE GUT YOU GAN BUY! FREE GIFTS TOO! Every pack and tin of Embassy has free gift coupons. Save as you» smoke for a free gift of your choice. The Super Coupon at the bottom of this advertisement sets you 200.coupons ahead towards your first free gift. And for a limited time, you'll find extra bonus coupons, a total of 3 per pack, 14 per tin in Embassy fine-cut cigarette tobacco. founded before 2,000 B.C. ~ | ep Send for your free gift catalogue! 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Woeccame rats Airtes aero tee | yc, 1418 enw Wy | (Oe tin- — 1 ach | ’ ad £FC-1658 Europe. iz Seen Step To Put US. By HOWARD BENEDICT {manned spacecraft capable of HOUSTON, Tex. (AP) —Mili-| raining’ nuclear destruction on) tary men know the best way to! any area of the globe. gain a battle advantage is to| The military space race be-|i take the high ground and hold tween the United States and it. | Soviet Union actually has been Now, with an order to develop| going on several years. Until a Manned ‘Orbiting Laboratory,|Wednesday, neither country the U.S. defence department; wanted to admit it. will extend this. axiom hundreds | REMOVES MYTH of miles into space in an effort} But President Jolinson re- to gain military supremacy be- moved the myth that the United fore the Soviet Union or any)|States is* pursuing a purely other country. grabs control. |peaceful and _ scientific space) The race to achieve military’ program. He gave the defence) dominance in space might be! department the green light to/ more vital to mankind than the' develop the MOL to determine dash for the moon. If a country; whether man can perform use- with hostile intentions ful military duties in space. manded—space,-military-experts |-The—-$1,500,000,000.--he-—author- say—it_could_exercise—a—policy-|ized—is nearly $2,000,000__more com- | network of manned and un-|Gemini program. | moon, perhaps beyond. RUN BY AIR FORCE |. The U.S. Air-Force, which will Manned Orbiting Laboratory run the MOL program, has been training its own astronauts in e school at Edwards Air Force Base, Calif. It will not draw from the present 33 national aeronautics and space adminis- Ahead tration astronauts. Defence planners hayeoalfgued |for years the Soviet* Space pro- It will‘cover the price for de- gram is aimed——primarily—at | velopment, test flights and the obtaining military dominance, | launching of five two-man orbit-| They said the U.S. must push ing laboratories. forward rapidly with a program Each MOL will consist of a|of its own. Gemini capsule hooked to al The air force has launched tank-like section the size of a| nearly 150 unmanned military medium-size house trailer. On/-satellites, most in secrecy, from launching, the astronauts. will| Vandenberg Air Force Base, ride the Gemini, then transfer| Calif. They are used primarily to the tank which will be|for reconnaissance, keeping a equipped as a scientific labora-| constant camera watch on Rus- tory. After 30 days or more/sia and China. aloft, the pilots will return to the Gemini, detach it and fly home. During their periods in orbit, ih their shirt sleeves and con- US. sources believe Russia's Cosmos series, the 79th of which was launched Wednesday, has a | similar spy-in-the-sky role. BUZZ BY THE BILLION international blackmail with than the cost of the two-man | the MOL astronauts will "con +duct.tasks..which will determine whether man or automatic: sat-_ ellites can better perform such j\duties as reconnaissance, nava-" There are about 5,450,000 bee colonies in the United States, producing honey worth $500,- 000,000 “annually. _ BLUE SHIELD - seco PBT If you move away, change jobs or retire, Blue Shield- ‘Blué=Cross protection for yourself and-your-family goes with you. When you travel for business or pleas- ure your Blue Shield-Blue Cross benefits are available anywhere in the. world, providing full contract cover- age on any and afl medical or hospital expenses. This portable feature of Blue Shield-Blue Cross is impor- tant. 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