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Oshawa Times (1958-), 5 Sep 1963, p. 13

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THE OSHAWA TIMES, Thursday, September 5,1963 13 a network stretching more than EXPANDED QUICKL Television broadcasting began) 4,000. miles from Newfoundland in Canada in 1952 and now hasito British Columbia, DRIVE OUT * TONIGHT * ALWAYS A COLOR CARTOON! to move into a new 46-storey skyscraper in 1965, and made the -exchanges--and himseif = known by delivering speeches) across the country. Whien James Coyne, who later resigned as governor of the Bank of Canada, was under fire, Mr. Kierans supported him as "a courageous Canadian." He backed the policies of Que- bec's fiery resources, minister, Rene Levesque, saying he shakes up complacent Anglo. Saxons and declaring that Can- lada is afraid of change and he began to lose interest in that post as soon as he went to the sock exchanges. The two Montreal exchanges, which have the same adminis- '\tration but different trading floors and stocks, had been .de- clining in importance in rela- tion to the Toronto Stock Ex. change since the 1930s. Mr. Kierans changed the si- tuation. During his three years 11 French-Canadian industrial firms were listed, making the exchanges places where Que- becers can buy stock of -- | New Revenue Minister Starts Fifth Career By BRUCE STOVEL ism, MONTREAL CP)--Eric Kie-|7 rans, Quebec's new revenue minister, is convinced that men- tal stagnation can be avoided by evasive action. That's why, at 49, he is start- ing his hand in the business. After six years of studying he became a lecturer in economics and, in typically idealistic fash- ion,- gave his salary anonym- ously to. economics and political science students so they could attend the Canadian Congress said in an editorial March "He believes in the prodigi- ous development of Quebec, and 'n the principal role which French-Canadians can play in it. In other words, the least that can be said is that he's an ex- BOX OFFICE OPENS AT 7:30 SHOW STARTS AT 8:15 TONIGHT thra SATURDAY o* 'tion that the opposition Union ing his fifth career--politics. He had already run through three professions -- salesman, independent businessman and university professor - adminis- trator--when he took a $40,000- a-year job as president of the Montreal and Canadian Stock Exchanges three years ago. "You keep moving in one di- rection in anything and, boy oh boy, you're Zoing to come to a stop," he says, In his latest switch in direc- tion, he won the Liberal nom- ination for a provindial byelec- tion, announced his resignation from the stock exchanges at the end of July and, without alter for the other man. ing for the result of the fall entered Premier Jean Le sage's cabinet. Mr. Kierans, whose blunt scrappimess contrasts with his distinguished grey - hair - and - blue-suit appearance, is a high tension fidgeter. He talks, ges- tures, grimaces, then forward, takes off his! glasses and does. any number} tremely sympathetic 'shark.' (Real Caouette, Social Credit leader in Quebec; had called Mr. Kierans a shark, blood. sucker and savage during the election campaign last spring.) FLUENT IN FRENCH Mr, Kierans started working on his French when he came to the stock. exchanges. "I just kept rubbing up against it more and more. Mc- Gill University was more or less a 100 per cent English com- munity, but when I went to the exchanges I felt I had to do} something about it--out of re-| "I, was time.' After extensive in French and even hold his|c impersonates,|own in the rough-arid-tumble of|of controversy, partly to avoid shuffles papers, leans back andja press conference in that lan-|touchy situations with member brokers. guage. In his speech in Chicoutimi, of Learned Scieties. business out of bankruptcy, Hy- giene $25,000. It had been losing $15,- 000 a month when he took over. |He had it "turned around" in |six months, around, found all the guys sit- ting on their rears all day do- ing nothing, and fired them. Most companies up' here are top-heavy, And I took Hygiene |Products out of production and |made it a distributor." jabout $450,000 in 1960 and re- embarrassed and) jmained president of Canadian 'ashamed, making the other per- |Adhesives though it was. man. lson speak my language all the| aged for him. instruction; | most of his money in bonds. He reading and practice, he now|stopped buying stocks shortly can write and deliver speeches|after coming to the stock ex- In 1952 he bought a second Quebee firms. He brought in young; eager needs "more disruptive individ. employees, persuaded members uals." roducts .Limited, for "TI just walked in, looked He sold Hygiene Products for Mr, Klierans says he keeps Dvr yt ot ae sud ok hg od aes (het rat Ahlan / A PARAM RELESE CONTINUOUS DAILY FROM 2 P.M. FEATURE DAILY AT: 2:25-4:40-6:55-9:10 hanges, partly to steer. clear ALL COLOR FUN AND ACTION PROGRAM! LOVE AND FUN IN THE SUBURBS! Bob Hope and Lana Turner in "Bachelor in. Paradise" PLUS ORSON WELLS & VICTOR MATURE IN "THE TARTARS" OSHAWA DRIVE-IN THEATRE CHILDREN UNDER 12 ADMITTED FREE! HENRY MAUREEN a DONALD CRISP. FONDA-CTHARA 'wate ny amsy Men: Based on the novel by EARL HAMNER, Jr.- Written for the screen and Directed by DELMER DAVES ~ Music by Max Steiner - TECHIACOLOR® "PANAVISION® Pretty we oe A NOW LAZA' PLAYING FEATURE TIMES -- 1:15 - 3:15 - Mag as 9:30 LAST COMPLETE SHOW In 1953, he became director e of other things in the Course of|Que., last Feb. 27, when he/the school of commerce at Mc. |launched his personal cdmpaign| Gil] but it s typical of | him \ that] a sentence. MAN OF ACTION | He rises daily at 6 a.m., en-| joys fast-paced games such as squash ("after nine holes of golf I'm climbing the walls'), gives a speech somewhere almost every day and reads omnivor- ously. He admits driving his 1963 royal blue Cadillac with the lane-switching verve of a Mont- real taxi driver, but he has never had an accident. With the strong back'ng of the premier, he easily won the nom- ination for the Sept. 25 byelec- tion in Notre Dame de Grace, a strongly Liberal Montreal rid- ing. There has been no indica- Nationale will run a candidate against him. Mr. Kierans lives in. the rid- ing, in a relatively modest home in the quiet suburb of Hamp. stead. He is married and has two children, Tom, 23, and Ca- thy, 18, both students. He says he was drawm to pol- aga'nst Social Credit, all one|-- jhour and 40 minutes of it were} given in French. Eric William Kierans grew up| in west-end Montreal, the son of Hugh Kierans, an immigrant Irishman from County Mona- then, and a German mother, the former Lena Schmidt. He was one of four children. A younger brother, Very Rev. H. P. Kierans, is a Jesuit priest and rector of St. Paul's College in Winnipeg. After graduating from Mont. real's Loyola College in 1935 with an arts degree magna cum Open Daily 1 to 9 p.m. SAT. and HOLIDAYS 10 A.M, to 9 P.M. SUNDAY -- 1 to 6 P.M. Bring the family Pienic Grounds, Canteen FALY KARTWAY LTD. HWY 1% MILES NORTH OF WHITBY Tel TORONTO 532-1169 WHITBY: 655-3469 i 'BRING THE WHOLE FAMILY ! ? " Suspense That , Cuts Like A WHIP! RICHARD WIDMARK | DONNA REED BACKLASH Print by Technicolor TOMORROW!, BILTMORE *2., 74". BOTH COLOR When Space Girl Meets Earth Guy Watch Out Walt Disney's MOON PILOT TECHNICOLOR DOORS OPEN 6:30 P.M. LAST "COURTSHIP OF EDDIE'S FATHER" DAY "SWORDSMAN OF SIENNA" laude, he worked as a sales- man in the Maritimes until 1941, then did sales consultant work in Montreal for four years. In 1945 he bought Canadian Adhesives Limited, a _ small maker of adhesives and coat- ings that had gome bankrupt. It cost him $21,000 and by 1947 it was returning good profits. He decided to go to McGill to study economics while keep- itics "by the challenge of play- ing a responsible role in the province's future." "Quebec now is in a position to exert powerful influence for the future in Ottawa. But the province has turned inward on itself im times like this before. "That's why I fought against Social Credit in the last elec. tion, We'd have lost the chance to use that influence if we elected 40 or 50 Social Credit. ers." NO EXPERIENCE Mr. Kierans has no experi- Ballet Tap, Baton Twirling Registrations 10-2 Saturday, Sept. 7th FOR FALL TERM IRENIE HARVEY C.D.T.A, -- N.B.T.A, 424 KING ST. WEST PHONE 725-6122 ence in politics but he has fol- lowed it closely, particularly as president of the two stock ex- changes, since he feels criticiz- ing economic policy is part of the president's function as a spokesman for finance, From this sideline position he jumped into two battles in fed- eral politics this year and came out with something of a reputa. tion as a giant-killer. He had the satisfaction of seeing Quebec's Social Credit strength at Ottawa drop in the April 8 election after waging a long bitter campaign against what he described as the par- ty's "irresponsible financial pol- icies."" He threw all his strength against Finance 'nister Wal- FRIDAY Columbia Records ' Canadian Hit Makers LITTLE CAESAR AND THE CONSOLS | NERVO-RAMA HOw muCH SHOL'K CAN YOU STAND? TEVABLE! ETE ann ON ATE! wat * Soo it With ¥ P ee BEAUTIES! 4 poner py ERIMENTS OF <<: ge DOCTOR BOLTON! ter Godon's federal budget pro. posal to impose a special tax on sale of large blocks of stock in Canadian firms to Ameri- cans. It was withdrawn six days later. | Mr. Kierans has two. things in his favor at Quebec City--his shrewd understanding of poli- tics and his remarkably strong rapport with French-Canadians. "T expect to lead with my chin when I go down there," he said a few days before being named to the cabinet. "But I manage to pick things up as I go along." He says he has been a Lib-| eral since his university days.) "IT made 20-minute speeches at five bucks a throw for the Liberals in 1935, the year I gra- duated. It was partly for prin. ciple, partly because times | were tough." TRIED BEFORE He unsuccessfully sought the| Liberal nomination in Notre) Dame de Grace federal riding | in 1957 as leader of a group of! yyoung dissidents. Every election night he holds parties at his house attended by thinkers and figures from three parties -- excluding Social) Credit. | As for the confidence he en- \Roys among French - speaking uebecers,; it is partly some- ing he has worked hard to} ieve and partly an instinc- | e sympathy for his iiacaeel sty. Less than a week after the| Notre Dame de Grace seat be.| came vacant through the sud-| den death of Revenue Minister) aul Earl, La Presse, the high- | est-circulation French language daily in Canada, strongly en- dorsed him as a likely eee sor. Andre Laurendeau, pee hief of the influential Montreal aily Le Devoir and one of French Canada's leading) Sool who was named Joint chairman of the federal 'royal commission in bicultural- WILSON & LEE LTD. OFFER YOU AN IDEAL ARRANGEMENT "TRY Berore rou BUY" CHOOSE YOUR PIANO -- KEEP IT IN YOUR HOME FOR SIX MONTHS -- TEST YOUR CHILD'S ABILITY AT THE KEYBOARD THEN DEDUCT THE RENTAL CHARGES. FROM THE PRICE OF YOUR INSTRUMENT. 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