@119 imrrliun Cover: Prince Edward Island Litre The new W. J. Hancox. Publishc' Imron Lewis Executive Editor Editor Published every week day morning (e) :epl Sun' days and statutory holidays) at léS Prince Street Charlottetown, I'.E l.. by lhornson Newspapers Ltd Branch offices at Soimnerside, Montague. Alber ten and Souris. Represented nationally by Thomson Newspaper- Advertising Servrcel Ioronro. 425 University Av. Empire 3-8894 Montreal, 640 Cathcart Street UNiverIity 6-5942; Western oIfice, H230 Wes' Giorgia Street. Vancouver (MA 7037). or Canadian Daily llcxispaper t‘ohlisheh Association and the Canadian Press. the Canadian Press is exclusrvely entitled to the use {or repub new: disoarches ’ this to the local news published here In All rights on republi-Ialion of special dispatches ' Iso reserve Subscription rates: Not over 35: per meet: by carrier. $ll.00 a year by mail or rural rouies and areas not serviced by carrier $l4.00 a year olr' Island an:l U.K. $20.00 per year in U.$. and elsewhere outside British Com monwealih. Not over 7: per single com. Member Audit llirieatr rii' -’ iii'aiiorr. "'ll' It’i';l \i rtlf'IIIOIl I\' Ir'cu/rcr than 11.: rim/it's! Irr/g" PAGE 6 ssi‘t'kmv,’ J.\Nt'sni;c’6_,#1§i§3 Disturbing Rumor “Political sources" are quoch as saying that a Coltsct'vative emis- sary has approached the Opposition parties in thc Cointnons with a pro. posal tltat All‘s' itldcmttitics hc doub- led to $20.000 a year at. this ses- sion. This is almost incredible. Nor does the condition attached to the proposal that “no MP votes against it in the Commons" make it any more acceptahlc front the taxpay- ers‘ viewpoint. We hazard the guess that the “political sources" in question, whatever their party alignment, were not speaking for the Government. If tltcy were. then we agree that it is high time the Government was given the boot. There a lot of unfinished business before the present Parlia- ment. and it could he cxpcditcd if the membcrs reached an agreement to get down to work and cut out their jockeying for political advant- age. They will have time enough for that when they perform the chores they were elected to perform in the last federal contest. It is a scandalous thing that de- spite the backlog of work and the need for members of every party being on their toes. the old absen- tee game still goes on in the House of ('ommons. Week-ends are pro- tracted into half-week holidays and truancy is said to he just. as preval- ent now as it was when there was a strong majority government in ’ power. This doesn't apply, of course, to a. large number of members who are conscientious in their duties. But they are the ones who, by their votes, should he in a position to put it stop to the delinquencies of the minority. Rules should be adopted to penalize the playboys and teach them that. in politics, at this junc- titre. “life is real, life is earnest." That Won’t be done by boosting in- demnities a hundred per cent for all and sundry, at a time when the finances are such as to force the Country on the austerity wagon. We do hope that if an indem- nity boost is proposed. it will be done without any prior collusion among the members of all parties. Let those who are promoting it bear the onus of their conviction that they are worth twice. as much to the taxpayers as they are now getting. and let those who have their doubts be at liberty to ex- press thcm fullv. That would make for the kind of untrammeled dis- cussion that Parliament is elected for. And it would provide the elec- tors, Incidentially. with some help in deciding how to cast their votes when they are called upon to do so. The Crisis In Europe Moscow, writes Joseph C. Harsch. noted London correspond- ent for the Christian Science Mon- itor, can be thankful for Charles de Gaulle. The French President has taken the world spotlight away from the international dissenstons of the Communist world and focused it in- etead on the grave problems which the general himself has precipi- tated for the West. He has joined the decisive issue in the West be- tween the kind of European com- munity he wants as against the kind of European community most other Westerners went. De Gaulle has_ made it unmis- takably clear that he wants a Weat- ern Europe convicting of only the nix, preeont members of the Euro- peup Economic Community. or is I Frank Walker I Common Market. He does not want Britain in it, the Danes, or Nor- wegians, the Spanish or the Irish. Also and with equal vehemence he does not want his Common Market Europe to be associated specially or intimately with the British Com- monwcaith countries. Above all, he wants his Europe to be independ- ent of the United States. To Frenchmen of a Gaullist type of mind. France possesses the purest and highest cultural and social standards and is ideally fitted to seize and exercise the balance of power between the two great super- powers in the World today. Anglo- Saxons, on the obher hand, are re- garded not only as vulgar but also corrupt. Their economics are anar- chiril, their morals——to a Latin vic\v—-barhztrous, and their politics subversive. This is the old West Europcan line of thinking, to which both Napoleon and Bismarck sub— scribed. In the sense understood by (icncral de (iattlle, Britain is neither European nor worthy of being in. cluded in a truly European Europe. Nor for that matter is the United States. One type of Europe is achievable via the de Gaulle for— mula. Thai pattern is broan for- ever if Britain is once allowed to infiltrate into Europe British so- cial Iihcrtarianism and political pragmatism. If Britain is the car- rier of American influence, which it inevitably would be. so mttch the worse for a Gaullist Europe. The end of this struggle is not in sight. De Gaulle is a powerful man. HP has always. before. had his way. One Would think that this time he has overrcached himself; but only time will provide the answer. A Sound Investment The annotutcement that the Pro- vincial Government is considering adopting the stern steel trawler type of fishing vessel for operations by our fishermen, and that arrange- ments may be made for the pur- chase of one. and possibly two, of such vessels, underlines the import- ance of new fishery techniques and the expanding opportunities in this direction. In New Brunswick, the new type of stern steel trawlers built in Bathurst shipyard, two of which have been in operation out of Gloucester County ports during part of last- year, have aided in garner- ing heavier harvests from the sea which, in turn, have meant more remuneration for fishermen. In Commending this form of government assistance in both provinces, the Moncton Transcript; points out that last year’s fishery returns for the Maritimes reached the highest annual figure ever re- c<_u'rletl—$41,100,000. This sum was paid for the volume of all fish land- ed in 1962, which totalled 650.- 000,000 pounds. Of that total the shellfish catch, including lobsters and scallops, weighed 57,800,000 pounds and had the highest value of the three categories of fish landings, amounting to $22,000,000. Groundfish catches last year were heaviest in point of volume, 390,- of $16,000,000. And the aggregate 100,000 pounds having a total value of the pelagic fish catch topped 203,000,000 pounds, with total value of $6,100,000. That the Maritime fishing in- dustry is progressing is welcome news indeed. And with the exist- ing potential of sea food off our shores there is every reason to ex- pect continuing expansion of oper- ations and increased catches from year to year. Every dollar spent in developing the fisherman’s capac- ity to reap this harvest more ef- ficiently means many dollars to the economy of the area. EDITORIAL NOTE For some time American tech- nicians assigned to NATO have been hunting for a leak in the pipe line system that provides oil for its central European command. The other day, reports Insider’s News- letter, they found it. A farmer in a woods near Molay in eastern France had been tapping the pipe line for four years- It was estimated that in that time he had removed $10,000 worth of fuel. The farmer showed typical French aplomb. NATO wasn't considerate. It switched from gasoline to jet fuel without warn- ing. Twice he had used jet fuel In his car without noticing the differ- ence and. he complained, it damaged the motor. : ‘\ EA Q 3 T NGLr -__... Exmgwifir \ r l , l i l Iv.‘ it I ' - ,l ‘ l I ~i . l t . _— l i I . , fl . i l % fl _._.@_. m SOCREDS THE HAUNTED HOUSE MOSCOW AND PEKING All Signs Pointing‘To Red Showdown y United Kingdom Information Service All the signs sumcst that the "showdown" between Moscow and Poking cannot now be long dclaycd. Aftcr a long pcriod of thinly disguised polcmics. in which ncithcr sidc mcntioncd the other by namc. we have now had from each u long and def- inite statement of doctrine. In form, they have been newspap- er articlcs. tlnc lll lill‘ ilctzpics Daily of Peking on Dcccmbct- 31st: the other in Pravda of Moscow on January 7, In t" t they are rival and incompatible Communist manifestocs. And the Soviet Government was at pains to emphasise the importancc or the occasion, ()n the day of publication of the Pravda article. Moscow radio not only broadcast the whole 8.000 word text: it added that "every Soviet pcrson and every friend 0. our country should read it attentively, since it is of fundamental sigtiiicaucc.” It is now beginning to lock as f? if the issucs between the two chief Communist partics will be discussed in a world Corti- munist confcrcncc. The Chincsc have for some time been calling for this. The PUBLIC FORUM This column ls open to the discussion (latest. 1 “than does no new lurin en e o i If"! of rrr pondcnts All teller: publnhcr- are nun necessary. The Guardian is unable '1 enter into any correspondence recarrl |nx letter-Ir submitter —————-— APEC EFFORTS Sir. — Bclieving you regarding7 your editorial entitled “New APEC Objectives" which appcared on January 17, I would likc you to know of the citnris we are making in this connec- tion. Under the forms of the origi- nal agreement between the Fed- and Provincial govcrn- mcnts, the Federal government granted 75 per cent toward con- struction of vocational training facilities. T h i s agreement is schcdulcd to terminate on March 31 this year. While wc have not bccn informed officially, we un- derstand that a committee rep- resenting the provincial Minis- ters of Education may meet with the Federal Minister of Labour and possibly other officials short- ly in order to discuss the ex- tenion of the deadline. This is of particular importance to some provinces who have not proceed- ed in building technical schools as fast as it was originally thought they would. Rcterring specifically to the Atlantic Provinces, it is our un- derstanding that the vocational training building program is nearing completion, although an extension is desirable in no me provinces. APEC believes in an increas- ed training program for our working force particularly in the increasing and tap-grading oi akills. It ll a well-known fa of (that along with a vcry sizeable unemployment percentage. there areanumbero swhich are in short supply. It is to fill thls gap that we think training should be specifically directed. Future growth of manufacturing 1 in the region will depend to some extent on the availability . of a trained labour force. If it appears that the program of technical training new establish- 3 ed in the provinces lg threaten- ed by the termination of the present Federal - Provincial agreement. and an extension la not forthcoming. I feel sure we will lend our full support inward obtaining a further consideration for the program. I am. Sir. etc. NELSON MANN Executive Vice President Atlantic Provinces Economic 001ml. proba- bly would like to hear from us Poking Manifesto of December 31 rcpcats the demand. It pro- poses: “the holding of a repre- scntntivc conference of the Commttnist and Workers“ Par- tics of all countrics to scttle the current diffcrcnccs in the in- ternational Communist move- mcnt.’ And the Moscow Manifesto of January 7 appears to accept the challenge. It advocates "settl- inc (:lttlctlliou-' issues by way 0' ci"lcc:ivc (“st-tissicn." ADOPTED TWICE BEFORE Tho pruccdu c is not a nc-tv one. It has already been adopt- ed twice since the Moscow - Poking rift bcgan in develop. There was a world confcrcnce in 1957, another in 1960. But. at each of these both sides were genuinely anxious to restore “monolithic unity" —- or at any "III‘ the appcarnnce of it. (‘om- promise rcsolutions were pro- (Il'("‘.’I I’l uli‘,“ :tl i-nit‘d sub- scribe, and cach could then in- tcrprct in his own way. And In- decd the sequel was a series of accusations and counter accu- ations of violation of the con- fcrcnce decisions. Today the quarrel has dcep- encd since November 1960. But the two manifestocs seem to me to make it clear that ncith- er Moscow nor Peking is in the mood for compromise or even for posiponemcnt. Peking calls for "settling the current differ- cnccs": Moscow for “settling contentious i s s u e s"; Peking 'evcn speaks of majority and minority view. Which, Mow- I cow, it is true, denounces as a i “thesis unworthy of Commun-. ists." It is very significant, too, that the polemics are no longer, as they used to be. about tactics or immediate policies. Th e y deal with what to any Commun- ist are basic questions of faith and doctrine. Each side accus- i es the other of heresy to th true Marxist-Leninist fa i th. Each accuses the other of “dis- torting” Marxism-Lcninism Peking holds out Mao Tsc - I questions on medical topics Tung as the true interpreter and I heir of Lenin. Moscow regards I this as an “incredible preten- ‘ tion". i, Now that both sides insist that the issue between come “the fundamental princi- ples of Marxism- Leninism." it is hard to see how the gulf can be bridged. It is hard to be- lieve that either is now e v e n thinking of appeasement. There is no longer a single Communist m o v e merit, “one and indivisible. There is no longer a single orthodox Com- munist doctrine of Marxism-Le- rinxlm. or: a c l\\"1 claim- ants to the leadership of th e movement, two claimants to the orthodox heirs of Lenin. The conflict will be fought out among the Communists. But its ; cask,an in treating diarrhea, be, ‘ ‘outcome, whatever it may will be of great significance to the whole world. History’s Ironic Turn 1 By Canadian History rcvels in perversitlea. It did so this week. Ever since the Franco-Prue. sian war of 1870. advocates of a Unltcd Europe have yearned two great continental powers. Instead they sat there glaring at each other across the Muscllc, the French with their febrile gcnius diluted by dogged individualism, the Gcrmans re- i lcntlcssly collective, w a i t i n g herd-like to be led Into the slaughicr of Verdun or Pass- I clicndacle or E1 Alaimein. This week in Paris two eld' i crlv statesmen signed a treaty, apparently fulfilling the old dream 0 ranco - Germ n friendship. It should have been real occasion. but there were disturbing under- 0 LOOKS INWARD President dc Gaulle for iFrance with the tacit reluc- tant approval of Chancellor Adenauer of Germany. to be setting the seat on a Paris-Bonn axle concerned less with Atlantic solidarity than with Franco-German hegemon in Europe, or as one London publication puts It. with ,a “francocentrlc” community iturnlng its back on the new W lMail said it now h I cum! and misgivings about a treaty for a reconciliation between the ‘ appears i '4 Similarly the London ‘Dally: 1 Alan Harvey Press Staff Writer that only a week or so ago- before de Gaulle'g keep-Britain- ,out press conference —— would I Lose Weight And Feel Better By Dr. Theodore R. Van Delleu MANY PERSONS feel guilty when they do not eat properly, use stimulants. work too a . or overindulge in sex. Our an- cestors were bothered by the same problems and. in all prob- ability, future generations will follow suit. These digression: from normal usually take care of themselves with the passing years and worrying about them In their most harmful feature. re are numerous other habits that shorten life but re- ceive too little attention. It may sound trite at this time to w m against overweilzht but statistics show that obesity Initiates o r aggravates various diseases. Many people realize, after losing weight. that they feel better and have much more pep and energy. Reducing also lee- eens the load on the heart and decreases the c h a n c e of de- veloping heart attacks. Accord- ing to Dr. Irvine H. Page, we eat less in the hope that we will live longer to eat more. Much of the hullabaloo about tobacco centers about he heavy cigaret smoker. He smokes more than one package a day and his respiratory mem- branes are feeling the full irri- tating effects of the smoke. The light smoker ls more likely to escape. provided he can remain a light smokcr. This Is not easy to do u u l c s s the individual learns early in life to discipline himself. It is here that modera- tion enters the picture. Over the years I have studied the habits of many oldsters and moderation seems to be the common trail a m o n 2 them. Many practice this kind of com- mon scnse in all ways. Others have one or two bad habits and love to give them credit for their longevity. A widely known example is. "To what do you attribute your lonE life?" The oldstcr replies. "To smoking 20 cigars a day" or “To drinking whisky since I was nine ycars old." There are exceptions to all rulcs but it is better to bet on the regulars than to take a chance on the longshots. It is important also to take stock of our habits every year or so and make the necessary corrections. In some respects, it is ncvcr too late to do this, but good judgment tells us the sooner the b ct t e r. But don't go overboard to the extent that you forget how to live in order to prolong life. (Dr. Van Dcllcn will answer; I stamped, self- addressed en- velope accompanies request. NAIL SHEDDING Mrs. P. writes: What would cause a woman of 60 to start losing her finger and toe nails? R Among the possibilities are ringworm and other infections, con- I poor circulation, injury. and ex- posure to caustic substances. In othcr lnstanccs. the licalth of the nail is affccicd by a gcncr- alizcd condition such as diabet- es. In alopccia areatn totalis, the nails are shed along with . the hair. ave been welcomed a “greatl 1 achievement." Voicing a common British suspicion, the newspaper asks‘ whether the new treaty has a secret clause enabling Ger- ‘ nuclear partner of France. Reporters who vcrcd the . signing of the treaty felt there ‘ was something disturbing about the way In which principals at .the first press conference bru- qucly refuse” to answrr ues- tions on British relationhip with Europe. FRENCH IN CHARGE There is another irony about the Franco~German pact. It is iwldely felt that for the time being de Gaulle Is the dominat- ing partner. forcing a reluctant ;Adenauer to go along with the ‘ idea that Britain ehould be hart-ed from the Common Mar- et. ‘ Adenluer regards the Part: Treaty as the great achieve- ment of his long life. and he doesn't want to lmpertl it by opposing de Gaulte'e present anti-British blu. But he . under great press a» 3"..- I une from e I political partiee in Bonn to do I utrt that. It would be the final irony if ‘ took a German chancellor to l restore the entente cordlule Ibetween Britain and France. I u. a. become a c'rndestlnc' Reaches For Yemen’s Oil Montreal M A war is being fought In th e 'Arab count of Yemen. It I! obtcnsihly a civil war between , Royalists and Republicans. And ’ it is supposed to have 'h a "popular uprising" last fall, when the Republican at. tempted to lclll the ruler of the country and seize power. The Republican fectlm does I not seem to have gathered much popular support. But. it has lain- ed a support that is equally — the intervention of President Nauru Elypfl an armed forces. It ll estimated that three brigades of Egyptian troops are now trying to subdue m Vernon. IN by IM- creff and tanks. They have not yet succeeded. and are being held In check by Royallst tribes fighting with obsolete weapons. This seems to be lilll another attempt by President Nasser to expand hie Influence in the Middle East. Having failed in hula, from which Mr. Nasser cmld tumlrieeffomtothenrt- tieh colmlee to the null, or to loud! Arabia to the out and out) l I APPLESAUCE R. A. writes: Does a p ple sauce act as a hinder or a lax- ativc? Some neighbors say one thing. some another. RE PLY This food has ncithcr effect upon most of us, Apples con- tain pcctin. which is used oc- but the amount in apple sauce is too small to have a constl- paling effect. INFECTED BONE H. . L. writes: What is done for abscess of a bone? EPI. Surgical drainage plus antl- biotics. Drainage is necessary to prevent spread of the pus in- to other parts of the bone or to the surface of the body. GASTRITIS FROM BEER Mrs. .l. writes: Could a lot of beer drinking cause chronic gastritis? A! Yes. Too much alcohol irri- tates the lining of the stomach. TODAY'S HEALTH HINT— Dress properly to prevent ' frostbite. l Our Yesterday’s (From the Guardian Files) TWENTY-FIVE YEARS AGO January 26. l 53 Back from the Sp sh war- front after 14 months of writing articles on the conflict. Roy eltch. a former Rhodes Scho- lar from Prince Edward Island. arrived in Halifax in the Cunard White Star- llner Aulaunia. from London. Mr. Leitch who walked 240 miles from Valencia to Bar- celona on his way out of Spain, witnessed various engage- ent between the Iioyallste and Insurgents. Dr. Robert of Montreal is in Charlottetown at present con- ducting Medical inspection of Canadian National Railway employees. He is travelling in a specially equipped medical car. TEN YEARS AGO January as. 1!“ Ottawa, Jan. 26 - (CP) The navy said today the first of at least 18 submarine killer war- ships of radical modern (ledge will coon be at sea. She is the largely - rebuilt fomer de- stroyer Algonquin. Plane leading to the building of I marine clip for Charlotte town received a boost tut night with its appointment of a com- mittee of six to investigate all poeeibllillee. If we. named at the second open meeting held to determine the feeling of elit- ma on the LINKED The first from Nova Scott. to Prince Edward film was the side - wheeler ad huh I 1.. gratin our Let’s Hope Premier Lesoge Jolts Us It will be both exciting and appropriate. it seems to me. If Quebec's Premier Jean Le- eage. as has been forecast, makes a speech of historic im- portance in Charlottetown next Saturday when he takes part In the sod-turning ceremony for the Fathers of Confedera- tion Memorial Building. Perhaps he will jolt us a little, for it has been Indicat- ed he will attempt to provide a "definitive statement" on the constitutional position of Quebec in relation to bicultur- allsm. (That’s quite a mouth- ful.) And a little jolting may he in order. for there are few issues In Canada that stand In greater need of clarification. Certainly this city. often de- scribed as the place “where Canada began." provides th e perfect setting. just as a cere- mony linked with the birth of Confederation affords the ideal occasion, for launching any rte-examination required of any of the bases or meanings of Confederation. HARD TO UNDERSTAND At the moment. in simple truth. I find it difficult to un- derstand or sympathize with several of the stands that have been taken lately in be- half of Quebec. There Is little that strikes me as being at- tractive or practical about most of the concepts of bicul- iuralism I have so far secn advanced. Ills still my tendency to shy away violently from any notion, no matter how it is stated, that Canada should seek its future as two nations, with each clinging to its sc- parate French and British ori- gins, functioning as a fcdcra- tion. rather than as one na- tion working toward unity. Yet I have lately begun to wonder whether I have cvcr made the right sort of effort. to understand those Quebec stands — have ever tackled them in a spirit that permit- ted understanding ihcm — and whether many other Canadians who are primarily (or solely) English-spcaking don‘t hood to ask themselves those s a m 9 questions. HABITS OF MIND If nothing more, I want to approach any mcssagc Prom- lcr Lesagc may deliver hcre with a mind that has bccn made ready to think from a new base and to really think. The old basc. I'm afraid. consisted ton oftcn of little more than a habit of mind, rather than a questing mind. and the result can be almost as bad as a closed mind. Oh, I never consciously closed my mind — never was aware of it if I over actcd intolerantly— yet when I try to look critical- ly at those menial habits now. instead of just taking them for granted, I see many of them as having been rooted in nonsense. PRODUCT OF ISOLATION In their shaping came ang- ers for which I can no long- er aee any meaning: prejudic- es. unshakeably biased atti- tudes and even bigotry which seem ridiculous . . though they had little difficulty in flourishing in an earlier-day society with only primitive communications. Why. in the limo of my growing up, in Ontario a n (1 British Columbia, it was a rare thing. and not particular- ly encouraged, to find any real understanding of "other an- ple" even in the next village, much less those who were dis- iant and dotidcdly "diiferc-rt." Within the isolation of that era. hateful religious animosi- tiee flourished. In that age. if any voices were raised to suggest that Quebec's relationship with the rest of Canada had been pro- duced by necessities of history and assured by commitments which needed to be consider- ed, and perhaps understood and respected. they never be- came heard in any neighbor. hood where I lived. Instead, among the people I knew while growing up, It was presumed that the shape Can- ada was to take had been de- termined by Wolfe's victory outside Quebec in 1759 (“We at the French didn‘t we?"l, and that none of the things i a c afterward really affected that position. THEY WERE 'FOREIGN’ Never do I remember meet- ing any person who attached any continuing meaning to the stage - by - stage growth of Canada. through the Treaty of Paris in 1763. creation of civil government in 1764. guaran- tees given the French in 1774. or the weight given those fea- tures of the past through Cou- federation. In the parts of Canada where I spent my boyhood there wee a general feeling that the Can- adiens should be regarded as foreigners. and that they were only entitled to be tclerated, while also being carefully wat- chcrl. until they became ab- sorbed. It was assumed, too, that the French were out to "put things over" on the rest of us, who were British-rooted, and that it was our sacred duty to hold them in check until their later generations could achleve the distinction of becoming shaped in our image. In that age it was the in- variable assumption that “they” (the Canadiens) should adjust to "us" (the Cana- diansl. and that nothing much was required in the other dir- cction DIFFERENT NOW Littlc effort was made to do a good job of teaching French in the schools I attended. for it was accepted that the language was fading from use and would soon become extinct in (‘ana a. s my presumption that the attitudes of the French to- ward others in Canada wae just as narrow. just as paro- chial. included just as much of absurdity. in the era of limited communications of which I have been writing. Assurcdly It is a long time since any Canadians I respect. of either race, have expreu- ed any of the extremes of parochialism and prejudice such as once were almost un- iversal and perhaps inevitable in that earlier era. NEED FOR A JOL'I' And yet what I fear is that these things, for too many 0 us. linger as part of our hablt of mind. In my own case. at least, I have found them diffi- cult to uproot. It is this sort of habit of mind I hope Premier Leng- will be able to jolt. not only for us but for his own people. ’ Perhaps he will be able to do it in a way that will do even more to promote understanding than it will to press for some particular sct of "rights." Surcly the time has come for all of us to begin thlnklng from new buses — to start re- placing old prejudices with new understandings — to seek out ways of adjusting old “riizhts” to modern necessi- it PS. Upon at least these things the need in Canada is for "wholeness." encompassing Canadians and Canadlens. no matter what is to be said or done about the two-part ap- proach represented by the word blculturallsm. comm}; Show Their Books Tor-alto Financial Post Both Ontario and Quebec have cracked down on the operations of a new finance comrnv that invites short-term deposits from the public. This the first official actum‘ to take place in a new "bank- ing" field which appear; to be totally unregulated by govern- ment acts. wholly without the reserve requirements of conven- tional banking and blithely wilt- ing to promise high interest re- turns on all deposits. We refer to an entirely new breed of small finance compan- ieg which has sprung to life within the past year or so. They are now raising hundreds of thousands of dollars from the Canadian public by advertising 7 per cent to 10 per cent inter- est cu deposits. (Most in car dealers. builders. retailers.) They give their depositorl what amounts to In IOU. Unlike most IOU: in business. these are written by borrower! which publish vinually no lin- Incial Information. Securities officials In most provinces and la Ottowl have been saying they. have no jurie- dlctlon because the note: cover money tent for less than I ycar. 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