ae ee THE OSHAWA TIMES, Tucsdey, Moy 26, 1964 in Mi i GOOD EVENING -- By JACK GEARIN -- SUDBURY (CP) -- Two Fol- THE WONDERFUL WORLD OF BANKING Oshawa's financial world is expanding so rapidly these days, it's hard to keep up with it. The City now has 15 chartered bank outlets, plus two - of trust companies (with one and possibly two niore of the latter due in shortly.) "There was a reminder of this Saturday -- the opening of the posh new main Oshawa office of the Bank of Montreal at Simeoe south and Athol. ' The pry: and beilding cost approximately $500,000, % It will add to the archi- tectural beauty of the down- town. Mayor Lyman Gifford was at the opening with Alder- men 'Hayward Murdoch, Walter Branch, City Engi- neer Fred Crome, Albert V. Walker, MPP, Maurice Hart, and Col. R: S. McLaughlin, There was also an im- pressive VIP list from out- of-town, including R. D. Mulholland, vice - president and chief general manager of the Bank of Montreal, and Edward A. Royce, who "directs operation of the bank's 343 offices in On- tario. Quipped Royce speech following Vice-president Mulholland: _ "This is a pretty large assignment -- I feel like the parish priest who was asked to speak following the Pope." Both of these gentlemen quickly displayed one of the frue trademarks of the big-time executive -- the ability to mingle with the crowd, make the guests feel perfectly at ease. Mulholland has deep grass roots in this area -- not only was he born in Peterborough, where he still maintains a home, he started his banking career there. He talks with an easy, sincere informality €onfidence, listens carefully, but is quick to interject appropriate references tn conversational tid-bits. Mulholland, tall and stately with steel grey hair, is trim and at!letic. He looks more like 50 than 59, his actual age, perhaps because he rigidly adheres to a simple health tule, despite constant travel -- he usually retires at 9 p.m. and never later than 10 p.m. ('Don't forget I'm up and around by 6 a.m. ad frequently don't get out of my office antil 6:15 p.m.,'"' he explained.) Mulholland is second in command of an,organization that has more than 18,000 employees and 940 branches in Canada alone; as well as eight offices on NATO bases in France and Germany -- in addition there are B of M offices in London, England; Paris, France; Dusseldorf, Germany; Mexico, Tokyo, New York, San Francisco, Los Angeles, Chicagd and Houston. His headquarters is in Montreal, but his voice gets nostal- gic when he talks about Peterborough. "I love my job, but sometimes I regret I haven't more time to. spend in Peter- borough with my friends, family and especially my grand- children," Did he have any advice for young people in the bank who would follow his steps to the top of the executive lad- der? "You can tell them this," he said in an _ informal chit-chat session with some guests at a small social reception following the ppening. 'There is plenty of room at the top for young people today in the banking world. I know it." "Doesn't luck play a-big role in such promotions?" some- one asked, "Of course it does, but doesn't it in everything? You-must be at the right place at the right time, and then, of course, you must be able to produce," he added. "Also, you must have 'someone pushing for you from below -- someone who really believes in you, such as your-manager -- as well as someone pulling from above; but there is plenty of room at the top today, believe me." Wien Mutholland hears young people of today complaining that they are "overworked and underpaid", he recalls that he started out with the bank in 1927 at $400 per year, He later served in such places at Hamilton, London, England; Paris, France; Montreal; after four years with the Canadian army, he served in Vancouver, Victoria, Ottawa and Mont- real. He was elected a director and vice-president in 1960-- he became chief general manager last January. He was president of the Canadian Bankers' Association from 1961 to 1963. ' Edward A. Royce, the former Canadian Army artillery major injured on active service overseas in 1945, looked as thuch like a well-groomed professional football coach as a hankisg executive. He was lean, tanned, nimble, like a than who abounds in good health. He could also get a job @s a matinee idol, plus high marks for' personality, poise. EITTLE NOTES FROM HERE AND THERE Albert V. Walker, MPP riding, returned Monday to his job in the Truck Department at GM -- he has been absent since the start of the recent session of the Legislature last mid-January. R. D. MULHOLLAND in his that invites with . Reg. Oshawa Kiwanis Club has been con- the Toronto General Hospital since last Lancaster of the valescing in Saturday. He has been com- plaining of headaches and will undergo a complete rest. Andrew Henry Glecoff, 51, who died last Saturday, was more than a prominent .City merchant-- he was also a man who cared about his City, far more than the average citi- zen.. This spirit was exem- plified by his constant in- terest in municipal affairs. He made a remarkably fine showing for a political unknown as an aldermanic, candidate in the 1960 race, finishing 14th., just beyond the charmed circle of 12 -- he was ready to run again in 1962, but the unexpected death of his father forestalied these plans. Politics is a game of many impon- derables, but our guess is that he would have gained the charmed circle in the upcoming election, had not death interfered. Photos Of JFK Trouble Jackie NEW YORK (AP) Mrs.| She also John F. Kennedy, here to inau-hoped the gurate an exhibit of mementos Kennedy of her late husband, said Mon- University in Cambridge, Mass. day that of aij the exhibits "I where the. mementos wil suppose the photographs are the plac ed after a country-wide tour hardest to look at." would persuade yo 0% al The widow of President Ken-jenter government. vanessa + REG. LANCASTER jnedy made the remark almost in a whisper in reply to a press conference question about what in the exhibit impressed her most, a told proposed Library at she F reporters John "« jeyet men were committed for jtrial here Monday on charges lof mischief causing injury in connection with the April 25 col- lision between a runaway diesel engine and a CNR freight train. Paul Bernatchez, 22, and Henry Linekar, 18, have elected trial by judge alone. No date for the trial was set at the pre- liminary hearings Monday. They were charged after a collision near Foleyet, 150 miles eer apy Two Committed For Trial In Runaway Train Crash rest but neither was read to the court. Maurice Sawyer of Sudbury, a trainman who had arrived in Folyet before the crash, said he saw the runaway engine leave the Foleyet yards after it was operated in an erratic manner. GAVE WARNING "I became alarmed after the} diesel went through a red light," he said, "so I ran into the sta- tion and asked the agent to ie Cecil Woods of Hornepayne, Ont. engineer of the eastbound freight, testified he was warned by radio of the approaching run- away engine and ordered his crey to jump clear. All of the crew. members re- eeived some injury. One man is {still undergoing treatment in 'Toronto after losing a leg. Damage in the wreck which iderailed 24 freight cars and four engines has been estimated at more than $1,000,000, in touch with, the northwest of Sudbury, which de-|the eastbound freight oa railed 24 cars and four diesel) He testified he saw an explo- units. Both men made state-|sion but-didn't see anyone leav- ments to police after their' arcing the runaway engine. FLQ Man Admits Bomb Case Lie MONTREAL (CP) -- One of| the leaders of the defunct Front de Liberation Quebecois. testi- fied Monday he lied last sum-| mer when he implicated Roger Tetreault, 24, in the planting of a bomb in a 'downtown building. Raymond Villeneuve, 20, now serving 12 years for his part in a series of terrorist bomb- ings last spring that killed one man and maimed another, said ance Building on Place d'armes. The device was dismantled by police seconds before it was due to explode. 'Villeneuve said the bomb was 'planted by a person he could jonly identity as "Raphael."' He said hehad only known him a short time but trusted him when he assigned him to place the ex- plosives. Tetreault is the last member he lied to police because Tet-lof the FLQ still before the reault already' was in ctstody|courts, except for one who is) and he wanted to protect aiat large after jumping bail. member who was still at large. The bail of one of three sus- Body Spurns Tetreault was charged with pected members of L'Armee de planting a bomb in La Prevoy-iLiberation du Quebec was can- ie i Mik te tt i in anotner court when | Sedge Emile Trottier said he had heard the accused had "an affinity" with the FLQ. Jean Cloutier, 20, was re- manded for trial next fall with- out bail on charges of explo- |sives possession. Two others, \Bernard Mataigne, 19, and \Louis Aubert, 21, were freed on '$2,000 bail. The judge didn't elaborate on (\Cloutier's connection with the March 30 in a raid that netted dynamite, detonators and "pro- Raganda. x TOOTHACHE Don't suffer agony. in seconds get re- lief that lasts with ORA-JEL. Speed- release formula puts medications to work instantly to ge 2 songs | apr "first-aid" for emhechas yet 80 por doctors recommend it for teething, 89¢ heattidancd SMT ES FLQ. The three were arrested | DEVONPORT, as (CP) 'Phe 50,000-ton \Eagle has been pore necnursins after a 130,000,000 refit that took 4% years. It is the Royal Navy's biggest warship and one of. the most up-to-date carriers in the world. -- HEAT WITH OIL DIXON'S OIL 313 ALBERT ST. 24-HOUR SERVICE 723-4663 SERVING OSHAWA OVER 50 YEARS MONTREAL (CP) -- William Roth. U.S. deputy chief tariff negotiator, called on Canada Monday night to exert. leader- ship and offer tariff cuts at the Kennedy round of world bar- gaining that truly match bene- fits she may receive from ¢uts that may be made by the-U.S. and other countries. Noting that the Canadian gov- ernment has stated it will pay fully for any benefits received, Roth told the Canadian Manu- facturers Association Canada is one of the world's greatest trad- ing nations and "what she does! in these negotiations has great significance "In effect; she seis an exam- ple--or a target, if you like--for WEATHER FORECAST Lead With Tariff Cut U.S. Man Urges Ottawa prob-! umes ' "encouraging" but recently "deteriorating," ended Monday with the death of Rob- lems, such aS Australia, New Zealand and South Africa. Therefyore, we hope that. Can- ert. Bainbridge. ada will table at Geneva an of-| hoe 91. year-old London native fer that truly matches what she died after receiving an extra six| will receive from the linear cuts! weeks of life because a stranger to be made by the U.S. and gave him one of her kidneys. others--rather than putting in 2. Two crucial stages had passed smaller offer to stay in the|_the transplant operation itself game and waiting to see what and his immediate cag ina happens. In your own league, put the third, and m you are the unquestioned leader|qoys was tent re gy and you can accept with confi-'the kiiler. dence the responsibilities of Msctors who performed the leadership." operation at St. Joseph's Hospi- Roth suggested that while the|ta] March 28 said Monday death main job of the talks is to ré-\ appeared to have been caused duce trade barriers on both\by the body rejecting the new sides of the Atlantic, the nego-| kidney. tiations will give Canada and the U.S. an opportunity for spe- GRANDMOTHER GAVE. IT cialrcuts between the two coun-. The donor was a 44-year-old tries. grandmother, Mrs. James Ack- -, worth By chance she had overheard ja doctor's conversation about |Bainbridge and offered her kid- Neue| | Thunder | Becomin the other advanced countries with' special structural Forecasts issued by the Tor-) onto weather office at 5:30 a.m.: Synopsis: An influx of Warmer air today heralds the approach lof an area of scattered show- ers and thundershowers ex- pected to move through the dis- trict later today, tonight and je arly Wednesday. Somewhat cooler air will spread over the district behind the showers. Lake St. Clair, Lake Erie, Lake Huron, Georgian Bay, Ti- magami, Windsor, London, North Bay, Sudbury: cloudiness and warmer sOcay Scattered thunderstorms late to. day and_ tonight. jmainly sunny and cooler. Lake Ontario, Niagara, Hali- burton, Hamilton, Toronto Sunny with cloudy periods and warmer today. Becoming cloudy by evening. Scattered thunder- storms tonight and early Wed- nesday. Mainly sunny and jcooler Wednesday. White River, Algoma: Mainly! cloudy with a few scattered) showers and thundershowers to- day. Warmer. Wednesday sunny and cooler. Cochrane, western James Bay: Increasing cloudiness to- day. Scattered showers late to- day and tonight. Variable cloud- iness Wednesday. Warm today turning cooler again tonight. TORONTO forecasts issued by weather office at Tuesday valid until EDT Wednesday: Lake Superior: Winds south to southwest 10 to.15 knots becom- ling northwesterly 20 to 30 knots this afternoon; few thunder- storms this afternoon. Lake Huron, Georgian Bay: Winds southerly 10 to 15 knots increasing to 15 to 25 knots 'this afternoon and shifting during the evening and overnight to northwesterly 20 to 30 knots. Scattered thunderstorms late to- day and tonight. Lake Erie: Winds souhwest- terly year 10 knots increasing to | southwesterly 20 to 30 this after- noon and shifting to northwest- ayly (CP) * Marine the Toronto 8:30 a.m. ll a.m, Increasing ,, Wednesday|* Ig, |ney on the spot jwant to live as long as I jean,' she said. "I'm sure he |does too.' | Mrs. Ackworth, released from isspital in fine condition April said Monday; "I'm all broken showers; g Cooler up about it. . . he was a fine cloudy today. Scattered thunder- have had ri a aca life was storms tonight and Wednesday. worth any risk I might have taken.' ILL SINCE 1956 Bainbridge had suffered a kid- ney ailment since 1956. It wors- ened last September and doc- tors discovered his kidneys had started to deteriorate. By the time the transplant op- eration was performed--the sec ond of its type in London--he had been given only two weeks ta live. A hospital spokesman said af ter the death Bainbridge had been on an artificial kidney ma- jchine three times in the last three weeks as his condition gradually deteriorated Attending physician Dr. Boris Ragula said: '"'We could get no response from any of the medi- cations we used (during the last jtwo weeks)." bon hi 7, Forecast. Temperatures: Low tonight, high Wednesday: Windsor 65 St. Thomas London Kitchener .... Mount Forest . Wingham ... Hamilton St. Catharines Toronto Peterborough renton ... |Killaloe .. | Muskoka Sault Ste. Marie . aes Kapuskasing: ...... White River ....... 3 MOOsonee «..seeee Timmins eae -- money our termPlan loan saved us paid for this extra chair 99 See Royal Bank first before you shop. Arrange for a low-cost termPlan loan. It puts buying power, bargaining power in your pocket, leaves you more dollars to spend on that new set of furniture, or any other "big buy", Save money next time you borrow... & Finance in advance at ROYAL BANK 26 to 30 knots late tonight,! scattered thunderstorms late: to-/ day and tonight. Lake Ontario: this afternoon and shifting to northwesterly 20 to 30 over lake towards end of period, partly Armstrong-Jones' Call Baby Sarah | | LONDON (Reuters) -- Prin- jcess Margaret and her husband, |Lord Snowdon, have chosen the |Christian names Sarah Frances Elizabeth for their daughter who was born May ll, it was announced Monday. The daughter, who will be known as Lady Sarah Arm- strong-Jones, is seventh in line of succession to the British throne. 'Stop Corn Pain Fast! 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