T ..ed II If'sIGood For The Island IThe Guardian Is For It VOL. LXXVII. N0. 8 0 9 ‘W ' 7-. Authorised an Pfivlrtmut. Ottawa. and CARNIVAL Second Class Hill by the Post Office for payment d posing. u out. not finnrolinn “Covers Prince Edward Island Like The Dew” BONIIOMME BonhommeCarnivaISIaled Fo.r Visit Here This Month Dr. Frank MBCKIIIIIIOB. chair- man of the P.E.I. Celltlenllial Conunittee.--yeat _ announc- that Bonhomme Carnival. the spirit of the Quebec Win- ter Carnival, has consented to come to Charlottetown next week as part of the Island's 1954 Centennial celebrations. Dr. 1\IacKin.-lon said that Bonhomme Oalrnival wo arriving in Charlottetown on On Thursday morning. Bon- homme C81!‘-IIIIJVBI will be “paying, cfflclal v-tilts‘-b the Lidbtenant Governor, I-lon. W. J. MacDon- ald, Premlielr Walter R. Sh-alw and Mayor A. Walthen Gaudet. For these visits he will be travelling through the city in a horsedlrawn sleigh. Other members of the party will be following along in a similar vehicle. On Wednesday evening, Bon- I homme will reception -“ Montzomenr Jlall by the ‘Clea-’ a visit to the Canadian Dairy- mcn's Association which will be holding its convention at the Cllarlootetown Hotel -next week. Bonllomme Cami-val will be in his official costume for all appearances Wlhlile in title city. the evening of Jan. 15. He will be greeted the Centennial Crier at Charlottetown Airport- at 6:45 p.m. From there Boll- homme Carnival would be pro- cecdring to the Forum where he is to meet the members of the Centennial Pcc-Wee Hockey‘ team. who will be taking part in a nation-wide hockey com- petition in Quebec City February. Bonhomme Carnival will be met in Monctoll by Dave Call‘- ncgy. one of the directors of the Centennial Committee. and Don Ross. is member of the staff of the committee. They will accompany him by plane to Charlottetown w-I-tlh a stop at Summer-side where he is to be gleeted officially by Mayor 5. ad Oanmlttee in Sun-unerslde. and other edific- lals. On his trip to this province. Bonhomme Carnival will ewe. 54- llcan presidential accompanied by Mr. Pl president of the Quebec Winter Carnival. Portsmouth that President U.S. Security Damage Charged lo WASHINGTON fence Namara has accused Arizona Senator Barry Goldwater of damaging United States secu' rity with a statement that U.S. long-range missiles are not de- pendable. “Completely misleading. po- Goldwater IAPI —- Dc- Johnson's proposed defence- Secretary Robert Mc-' spending cuts mean a reduction of the manned bomber fleet. Asserting this would put too much reliance on the U.S. mis- sile forces. Goldwater said in- tercontinental ballistic missiles are not reliable. CHARLOTTETOWN, CANADA, lStudents Riot In Panama PANAMA (APl—'I‘housands of Panamanian students erupted into the U.S.-controlled canal zone Thursday night and were In nfire. A broad t said one student was killed in c A Panama City radio station said a Panamanian student d1 of wounds suffered when he and diately as to how the student received the fatal wounds. Thousands of Panamanians took part in the demonstra- ons. Cavalry of Panama's na- tional guard sought to restore order. There was no Immediate con- firmation here of reports reach- ing Washington that the Pana- manian government had asked U.S. army Gen. A ndrew 0'Meara to send troops into Panama City. Carrier Slammed By Fierce Storm NEW YORK tAPl—The air- craft carrier Essex limped into New York harbor Thursday. showing the scars of battle with two North Atlantic storms. Gaping holes were torn in her flight deck. and her 23-ton. 60- foot main mast. containing elec- tronic equipment. crashed to the In deck during the storms. "In all my years at sea." said Capt. J. M. West. ‘'1 never saw a storm as bad as that one." The waves were 85 feet high. he said. No one was hurt. Man Charged In Robbery At Dartmouth DARTMOUTH, N.S. (CPI John William MacDonald. 32. of Oshawa. Out, and Truro was arraigned be fore Dartmouth Justice of the Peace C. A. II/loir FRIDAY, JANUARY 10, 1964. TRAN as 1 violence arising from rival al- I tempts to fly the U.S. and Pans‘ I ‘ lgape province‘ has I, mama“ “"33 I ilated by the worst hail storm in ed _ I . 0 y. South Africa MONTREAL (CPl——Tall. af-I Others Sought I0 Carry 8 P3fl3- fable George Hees, possibly onel I manian flag into the canal zone. 30; the most popular men ml There W91? "0 details mime‘ serve in the cabinet of formerI 1 P r I m e Minister Diefenbaker. has been appointed president of the Montreal and Canadian Stock Exchanges, it was an- nounced Thursday night. . The official announcement lwas timed to coincide with Mr I-lees‘ arrival by air from Tor- onto where he has lived most of h. . A press conference scheduled for shortly after his arriva . But several hours before he landed rumors of his a point- ment spread through Montreal’s financial districts. The Montreal Star's final edition carried a front-page photograph of Mr. s with a caption saying his appointment to head the stock exchanges was s t ro n gl y ru- mored along St. James Street where most of the city's big fi- nancial houses are located. Mr. Hees succeeds Eric Kier- ans who resigned the stock ex- change posts last summer and later became revenue minister ‘ the Quebec government of Premier Jean Lesage. Mr. Hecs. well-known here and abroad as a result of hs razzle-dazzle export drives as‘. federal trade minister. is tol I changes after a private trip abroad. LEAVING FRIDAY He eaves today for Italy. Greece. Crete, Egypt. Israel ’ and’ Jordan. 1n"IsrbeI he will re- ceive an honorary degree from Barilan University. George Hees Named .1 W33 I‘ move into his office at the ex-lances IMAN IN HOSPITAI. lFreak Hail Storm Isolates Town J01-IANNESBURG (AP I _ 'Steynsburg. a town of about I3.0O0 population in Northern een isn- ‘living mem r aradio reported Thursday. ‘Road. . .; I rail a n d telecommunications lbig as golf balls. Chou Reception Reported Cool Al Tunis Stop TUNIS (AP! — Prc Chou En-Lai received th onl- est reception of his African tour on arriving Thursday in Tuni- sia, whose government has promised diplomatic recognition of Red China. The Red Chinese premiel"s welcome at El Aouina Airport was stiff and formal and no V crowd turned up despite an of- Ificial appeal. printed in the .newspapers. for an outpouring fof the people. On hand to greet the Chinese were De fe n c e Minister Balll Ladgham. who is the no. 2 man mi 80 GEORGE HEES A business - man -turncd- politician. Mr. Hees rose quickly to the top ranks of the Progres- sive Conservative party and was one of the closest associates of dent's Prime Minister Diefenbaker be- J fore suddenly resigning as trade minister Feb. 8. 1963. Mr. Hees has been conduct- g a concerted drive for sev- son. Habib Bourguiba 1-. At the president's seaside pal- ace in suburban Carthage, Chou and Bourguiba began talks to prepare for the establishment eral years to become fluent 1nIof diplomatic relations, the big-' French. During his political ca-I gest dividend far of the rear he. made frequent ,appear- African goodwill tour that Chou _m Quebec PI‘0_V_m¢'-‘ I0: launched in Cairo Dec. 14. Slim speak in French at political ral-.‘ announced the arrangements Ies I Mr. I-lees is a veteran of the_ two weeks ago" Second World War. He served overseas as brigade major ojL R d the sun In-fantlry Brigade. I eflel’ ed Y He ma;-fried thl<;:r(f;)‘mne(r) Mabel’ . IDun1op Pam e. n... 1nF -1934. They have nu-ee d.au.g-htel-s.]I Or P |"eI11|e|‘$ OTTAWA (CP)-The cabinet met Thursday to put final touches on a letter to the_pro- Wednesday and charged WIIII robbing a branch of the Royal Bank of Canada here last Fri- day. MacDonald is scheduled to be formally charged before Magis- rate M. e in police court here Friday. He was arraigned after being brought from Antigonish, N.S. MacDonald was questioned by the detectives in connection with the robbery in Antigonisil after being arrested by Antigon- lsh RCMP and town police In I hotel room Tuesday morning. He was charged with carry- ing a concealed weapon. The robbery was carried out by a lone armed bandit who demanded money from a teller and escaped with $3.200 before anyone in the bank was aware the robbery was in progress. It was not known if any money was recovered. litically irresponsible and dam- aging to the national security." was McNamara’s retort Thurs- BANK PRESIDENT REPORTS l day to the Arizona senator‘: statement. Goldwater. New Hampshire for campaigning in the Repub- nomination for November's U.S. election. told a press conference suwss us; toll DISORDERS lbnfanfitu-Gulleosdb flamed the American gover-_ Ioroltbeconslzoosandthe Ill. nwcmmcu that lot . To ment nu-any ' dlunrdsrsle fl-oInfl‘1*II‘v:l Iflenllfil "I: ny, the U.S. and Panamanian any in filo Canal zone. (Al?- Inflow lhre'e-Fold Problem ‘ Seen Facing Canada MONTREAL (CP)—The pres- ident and chairman of the Royal Bank of Canada said Thursday barriers to thought have led to faulty analysis and incorrect definition of the major Cana- dian economic problems. “ rong diagnosis usually leads to wrong medication. which In turn aggraves or con- ceals the real cause of the trou- ble." sal W. Earle McLaugh- lln in his address to the bank's 95th annual shareholders‘ meet- in. He said the Canadian image at home and abroad is blurred and distorted and will only im- prove when Canadians agree on I clear and firm purpose. Mr. McLaughlin said the eco- nomic problems are threefold: 1. A ance of payment defl- clt In goods and services-—a def- lclt in our trade with the world In oods and cos: 2. A balance of payments sur-_ plus on capital account—a not important of foreign capital; and 3. An over-all deficit In the federal budget—a deficit in the Canadian government's balance of receipt! and expenditures. DISCRIMINATING TAX increase domestic Invest- ln Csnadla . l ment in enterprises risk of venture capital. "Another part of the answer; involving taxation would be an: over-all reduction of the burdenl of taxation even where thatf rden is not dlscrimlnatory."I he said. I Canadian monetary pollc I was controlled by foreign ex-I change reserves because Can-I ada had a fixed exchange rate. . “If our reserves tend to bal forced up by events abroad . . I we can or Indeed we may bel forced to have an cxpansionisll monetary policy. If . . . we e-I gin to lose exchange reserves, we must have a contractionlst monetary policy." - He said recent policy state-E ments seem to rule out Can; ads‘; reverting to a floating; rate. but _ etary fund should be influenced; “to move toward a more flex- requiring ; H Ible international payments sys- . tem. in which Canada's special I proble . will chance of solution.’ Discussing foreign investment policy. Mr. there are two “valid bases for caution"—the burden of exter- nal debt and the degree of ex-I terns-2 control over Canadinnl economic resources. “By far the greater part of stand some 22.30 lator_ was parked, wit its motor ng. about three miles along , the International mon- IRc.v , I The funeral service will he ' McLaughlin said I I Thur. A 24-year-old North G1-anvillel lwoman. Margaret Maude lc-hanan. was found dead in a noon and a man found with bin is a patit-nt in Charlottetovm Hospital. n-ault. 25. of FOUND IN AFTERNOON The truck. discovered about: ' p.m. by a snowiplow oper- runni the Smith Road toward Gran- ville from the old Charlottetown to Summerside highway. Miss Buchanan was dead when ‘I .. RCMP reached the scene. . Arsenault. unconscious. was rushed to hospital by am- bulance. He was administered oxygen on the ‘way by Cutdifife ambulance services. CONDITION IMPROVING A check with the hospital last ‘ I‘ night showed that Mr. A1-senault had improved slightly but was still unconscious. He was expect- ed to gain consciousness through the night. _ Dr L.E. Prowsc. coronc-r_ sald last high-t “at present. no Inquest ‘ is deemed necessary" Into the fatality. Miss Buchanan was the daw8h- 3 ter- of Peter Buchanan. Fred- ericton.-Her mother predeceased her 18 years ago. Surviving are Mary. Mrs. ' l' 'l"rl . Mrs. Gerald Smith. all of Gran- ville, and four brothers. Mur- dock. Halifax: Nov-1h Granville. " c rcma-ins are the (‘utcliffe Funeral Home fmm where they will be Iraneferfedl - at ".."f) M ',‘ “H, I, . th rec retsing at ‘Smith. Gra-nvillc. N.B. legislature In Open Feb.18 FREDERICTON ‘CP\—'l‘he spring llesslon of New I Brunswick legislature will openl eb. 18. Premier Louis Robl- chau<-l's office a n n o u n c ed I ay. A major Item of discussion the s17.5oo,ooo which we nppar during the sitting ls expected It estly on on long-term bu net to double toruldents orlnstltotions in net slon report on municipal n- dlrect Investment by foregners . . . which‘: n‘ot true debt but be the Byrne royal commis- unces and taxation. The re-I port is expected to be released late this month. MonoxideGasBlamed or Death Of Woman Ibalf-ton truck yesterday aft(zr- en I sisters, ’ Roy Smitvh: May,I . w.. .1 {*_...l.-{P Stirling. . I v and E1-lc_ I vincial governments advising them of changes proposed In the Canada Pension Plan. Prime Minister Pearson said as he entered the session that he hopes the cabinet can con- clude its discussion, started ear- lier in the week. and get a let- ter off to the premier—includ- er29 W E A T H E R Show changing to rain; southeast winds 30, gusts to 50. then northwest 25, gusts to 40. bow-high 15 and 37. "01 Mm SEVEN CENTS I I MONCTON <.CP)——Three men. including a Vancouver native and one from Halifax. were armed robbery earlier in the day of about $25,000 from a downtown Moncton branch of the Canadian Imperial Bank of ICommel-ce I Arrested within an hour of holdup were Herbert Lillington, I26. of Vancouver, John Jarret. : . of Halifax. and Kenneth lfll/lacDonald. 23. of Saint John . .B. I RCMP said all of the money {and four .22ca1ibre revolvers iwere recovered following a lhigh-speed chase near Petltco- Idiac N.B.. about 30 miles west lof here on the Trans-Canada I Highway. 1 The trio was returned here I about noon and arraigned in po- .1ice court on charges of armed :robbery. No plea was taken and I they were remanded until today. ICAR BOILS OVER I The men were arrested when I I I In . President H 8 b I b _B0UI‘$’.l1l-1‘ their_ car. bearing British 'Co- ; Bank branch has government. Foreign Mm-.lumbIa Ilcence plates. boiled .N.s.. in which about $3,200 was Ister Mona: Slim and the Pfesi-lover during a 100-mile-an-hour taken. 10 PAGES 3 Men Arrested, Charged In Monclon Bank Robbery Loot Recovered Along Roadside {chase after they -RCMP roadblock. The roadblocks were set up -throughout eastern and south- ignored all (were disrupted by hailstones as charged '1‘ h u r s d a y with the -eastern New Brunswick after a .number of armed men—police lwere still uncertain If a fourth iman was involved—-walked into the bank shortly after it opened lat 10 a.m. and lined up the oc fcupants against a wall. Tellers Icash drawers were rifled and lthe men fled In a car. I ne of the robbers was said Ito have worn a stocking cap land another a covering over his ‘face which left only the eyes exposed. RCMP reported a satchel con- taining "about 25,000" was turned over to them by a pass- ,ing motorist who recovered it Ifrom the highway where it was ‘thrown during the chase. The jrevolvers also were tossed from ; the car. I It was the second hank holdup lin the Atlantic provinces in six ‘days An Ontario man was lcharged Thursday in the rob- ‘Ibery last Friday of a Royal in Dartmouth. o I Cost Of I I \ Living Reaches Record OTTAWA ICP) — Increasedlsix-tenths of a point to 131.4 prices for a wide range of con-‘I from 130.8 a . services :‘Prices were higher for most boosted living costs in Canada v dairy products. fats. bakery and‘__ lsumer goods and to record levels In November, the bureau of statistics said to- ada's barometer of living costs ~—rose two-ten s ‘of a point during the month to a record 134.2 at Dec. 1 from 134 a month earlier. The Dec. 1 Index was 2.3 points above the index of 131.9 for Dec. 1, 1962. e index is based on 1949 prices equalling 100. During November increases were recorded In the cost of food. housing. clothing, health and personal care and recrea- tion and reading. The cost of lag Premier Lesage of Quebec. held Saturday afternoon at Pleas- O 3“ ant Valley United Church Interment will be in Fred- ’ ry. Philippines Make Deal Both were vic_itlms of carbon MANILA tlleuters) — m0n0Xid€ D0iS0I11|1l’.'- nesia and The Philippines have In IIDSDII-3| I5 N0l‘mafl -I059Ph reached agreement here on AI’-S8 M61318 P131115-. forming 21 Southeast Asian Un- ion in opposition to the British- backed Malaysian Federation. According to a Philippines , foreign ministry official Thurs- ay. the neighbors of Malaysia would be asked to join Indo- nesia and the Philippines in a “Maphilindo" union. “to return ‘ freeing itself of British domina- tion." the source said the projected union are Thai- land. Burma. Laos and Cam- J; Indonesia expects a weaken- ing of the British attitude on Malaysia within a short time and also is convinced Britain would ease its policy toward Indonesia. the official said. OTTAWA lCPl—-Unless the ‘itax advantage Is taken away rnm co - operatives. independ- enl Canadian retailers may be destroyed, the royal commis- sion on taxation was told Thurs- day. The warning came from the moon - member Rclall Mor- I. chants Association of Canada .whicll appeared before the *-‘jelcommisslon seeking elimination ‘v-'-rslv I ll .’ ‘y . » n-. “»~.-“ " ,-.,_ ;_ of all special tax regulations or co-ops. To D I The present system Is not lonly unfair. sald association . . past-president D. A. Lesser of This is Angel Alfredo Suar vam_mWer_ “but unless immP_ 91 Bork‘ se"'""w"'"'°Id C‘ Idlate redress of the situation is ‘”“'f"""" I”-V ‘""" """‘° ‘taken. the good health of the Minister Pearson and Mrs I industrv in Canada Wm Pearson have agreed to help ‘gm ‘ mint when um_ support and educate. They I ’ _ are donating $16 a m on th |;?;:..m°v°w Wm "M be I,“ through the Foster Parents‘ . mm Incorporated. The A flat brief from the sssocls is one of seven children in an underprivileged famlI)’- -of Saskatchewan who said it will speak on the council's fu-,business wou Iwu totclbgn (cc Wlreplloto) m. .3. - Nov. 1 Malaysia would be welcome‘ to the fold after. The countries invited to join: transportation was lower and tobacco and alcohol prices were unchanged. The increase in living costs in November followed a rise in av- erage industrial wages during October, latest figures availa- ble The index of average In- dustrial wages and salaries at was 197.1. compared with 196 a month earlier and 189.9 at Nov. 1. 1962. The wages index, based on 1949 levels equalling 100, repre- sents an average of total wages paid by firms employing more than 15 persons in a wide range of industries. E FOOD INDEX UP I The food index at Dec. 1 rose INSIDE TODAY Births- deaths 3. 8 Classified Finance. markets Comics 7 Rural churches 2 Editorials 4 9 S 3. 9 10 Sport Kings. Queens. City . . . . .. . Summerside Women's mom of business co-ops- should be given a government subsidy In the form of a tax relief to compete against inves- tor-mvned firms. At lssuc was the fact that co- op: can deduct patronage divi- in- cnmc_ while Investor - owned Idcnds from Ihcir taxable APEC Governors ;P|an Meeting 3 HALIFAX cil will hold its first meeting ._of the year here Monday. I APEC President John S. will be chairman. I tore research prozrum. day. The cost of living index-—Can- (CPI-The board ‘of governors of the Atlantic Provinces E c o n o m l c Coun- Wright of Summerside. P.I-‘..I.. month earlier. cereal products, frc sh and canned vegetables, poultry and a number of other items includ- ing jams, coffee. so drinks and apples. They were consid- erably lower for eggs, oranges. bananas and sugar and more moderate declines occurred for [most meats. I Increases in the shelter com- lpone boos the housing in- Idex to 137 from 136.9. Within gshelter the rent index was un- lchanged but the homeowner- lship index was The ‘household operation component of housing was also unchanged as scattered price increases for some items of furniture. floor Icovering, textiles. utensils and ‘equipment and household sup- plies were nol sufficient to move e index. . An increase of two-tenths of la point was recorded by the clothing index which moved to 118.9 from 118.7. Cost of men’: lwcar. footwear and piece goods increased. while women's wear. §children's wear and clothing {services moved down. IIIAIRCUTS CAUSE RISE . The health and personal care Iindex rose to 165.4 from 164. as a result of higher prices for Imonls haircuts. The recreation land reading index advanced to I15l.4 from 11 due to higher fprices for toys and I newspa- lper price increase in Montreal. ' The transportation index de- ,clined to 140.6 from 141.2. down isix-tenths of a point. reflecting "a drop in the index of automo- .bile operation. Initial prices for .1964 models of new passenger .cars were below year-end prices ;of 1963 models. Prices for gasoline and chassis lubrication were slightly lower. while mo- tor oil was higher. The tobacco and alcohol in- :dex was unchanged at 118.5. pg Retailers Said Threatened lByCo-Op Tax Concessions firms distribute their share- holder rlivldcnds after taxes. Co-ops are also given a tax hol- iday for their first three years of operation. ‘ “Anything short of total Iequil_\' is not acceptable to re- ‘ rs . . . or oven banks who must compete with (‘l‘(‘dlI un- Ions," said Professor Barber. FORI-JSEES SQUEEZI-I I Mr. Lesser said he can fore- lseo the day when independent ‘retailers are caught firmly ins squccze bctwccn huge chain stores and co - ops. Co-ops caused the greatest concern be- cause of the tax situation. ‘ Whenever an organization calls for tax equality. he said, there Is Invariably a cry that efforts are being made to de- This F‘ B 5‘ 1 Professor W. Y. Smith. an Lstroy the co-op movement. .APEC past president and head ‘was e ase. tlon was prepared by Professor lof the economics department of -wanted only an equitable tn Lloyrl Barber of the University University of New B-unswick. climate in which no sector .1: not Retailers II lvantage over another.