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Stock Market Takes Beating (CP)--The stock TORONTO market suffered a slight beat-) _ing-at the hands of profit-takers and cautious investors during only moderately heavy trading Tuesday. The speculative mar- ket, dull for the last few ses- sions, showed few significant changes in light trading. Some industrial issues ap- seared to be reacting to the imposition of import taxes by the British government. Most stocks in this category were pa- per companies. Great Lakes dropped a point to 30, while favorite MacMillan Bloedel dipped % to 35% after trading as low as 3444. | Brunswick Mining and Smelt- ing--on the heels of an an- nouncement that it will build a steel mill in New Brunswick-- acted like a penny mine. The stock sold as high as 16%, as low as 14% and traded 79,065 shares. It closed at 15%, off %. Falconbridge attained a high for the second time in as many days by adding % to 81, while Inco and Craigmont each gained % to 92 and 16% in other senior base metals activity. Gold trade was brisk but all the news was bad. Dome. fell % to 33. Hollinger % to 31, Giant Yellowknife % to 14% and Cochenour Willans 20 cents to $3.20. Campbell Red Lake lost % to 18%. On index, industrials fell .48 to 165.37, the TSE index .49 to 154.39, and golds and western oils 1.64 each to 149.56 and 92.31 respectively. New Tax Dims Lumber Hopes ABBOTS LANGLEY. England (CP)--Britain's new tax on im- ported finished lumber cast a gloom over Tuseday's opening of the first Canadian - style home built here to demonstrate the advantages of timber frame construction. Canadian government and in- dustry officials agreed that the 15 - per - cent tax on all im- * THE @SMAWA TIMES, Weanesdey, October 28, 1964 13 ported manufactured , an- nounced Monday, would be a se- vere blow. to Canada's nine- year, $1,000,000 promotion cam- paign to encourage the use of finished timber in the United Kingdom. While government representa- tives took a more. moderate view, industry officials were openly indignant, charging that the tax discriminated against the Canadian lumber industry and that it was impractical Everything About Lumbermen argue that the British governmen,t faced with a severe housing problem,. is working to its own disadvant- age in blocking the Canadian building technique which has won wide praise in government and construction circles here. They also insist that finished WASHINGTON - (CP)--Every-|work 18 hours daily or more; he thing about Lyndon Baines/is we Agpergd bp oo Johnson is big includi his}paign style ai 5 on the pee nly . ee hopes for a smashing US. pres-| Democratic party. eras or typewriters are -- and|idential election victory Nov: 3) 'The Republican attack on the should be classified as raw ma-|0Ver Senator: Barry Goldwater./morals of his administration terial and thus permitted into| He is big physically, in per-|/has not been exceeded in tempo from the Britis point of view. Britain tax-free. son, wealth, ego and capacity tolor language this century. 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There were king - sized ob- stacles in the path of the poor Texas farm youth who fina reached the White House wi the firial thrust. from an assas- sin's bullet. ; Americans, staggered by the Dallas murder of President Kennedy, have hecome aware that the interim president in his own right is one of the most complex and ambitious leaders the United States has ever had. The Johnson character in its complexity ranges from private that would shake @ lumberjack to a public self-con- trol of iron strength and dedica- tion to persuasion and political « compromise. ? "He doesn't have the best mind in the Democratic side of the Snate,"" a colleague once summed up. "He isn't the best orator, He isn't the best parlia- mentarian. But he's the best penpiention of all these quali- vm SEEKS CONVERTS One observer suggested after watching Johnson throw himself into a heaving mass of political campaign humanity that "out there somewhere he wants to find a political sinner and rea- son him out of it." Few, including the president himself, would have gambled a cent at one time that he ever would have the chance to prac- tise his remarkable talents at the top. Deftly, the Kennedy. era has been blended into the Johnson reign and the party probably has been strengthened in the process, even without the unifi- cation processes attributed by many to the campaign waged by Goldwater. Johnson, the man, today is 56 years old, six feet, three inches tall and heavier looking than either his officially-listed weight of 200 pounds or his nimbl indicate. His head is heavy---from the grey-tinged hair combed back from the broad creased fore- head, to the long nose, the heavy-lidded brown eyes and the prominent jaw. He can slouch at his White House desk as nonchalantly as any television sheriff or catch a quick nap easily, But he pre- sides at a three-ringed circus begun perhaps as early as 6 a.m. with an armioad of papers and a pot of tea. He reads in- credibly quickly. The day may end 20 hours la- ter, perhaps earlier. GOOD AS NEW Johnson is a dramatic exam- ple of heart-attack recovery. In 1955 he suffered a massive one, as bad, he has said, "'as @ man can have and still live." His doctors today say he seems as good as new. He quit smoking then and now drinks more orange juice or other non - alcoholic beverage, although he may nurse a scotch and soda. He swims when he can, dances, rides, likes western- Style togs at his Texas ranch where he raises purebred Here- fords. He drives fast, as was re- ported last spring by news re- porters who caught him clock- ing about 90 in his car with a beer in one hand. No U.S. president has ever run up a larger telephone bill, to persuade, sniff opinion or just chat. Philosophically, Johnson blan- kets the middle of the road cumpletely--pinned on one side by the vast influence of his idol, Franklin Delano Roosevelt, and his New Deal; and on the other by a Texas conservatism. He was the oldest of five chil- dren born to a farmer - state legislator. The descent on both sides of the family was British. Johnson as a youth hikd off te California by himself after achieving a school record as @ good, if reluctant, student. He came back, worked his way through college, graduated in 1930 and taught school briefly. He went to Washington as a senator's secretary in 1931, was married to Lady Bird in 1034 and eventually was elected as a congressman. He lost one bid for the Senate but succeeded the next time. He became a powerful Senate figure as Democratic party leader during the Eisenhower administration, and sometimes was called "the prime minis- ter."" In the Senate, he laid the groundwork for political sagacity that helped him in the presidency to squeeze through the Congress Kennedy legisla- tion probably faster and in more complete form than Ken- nedy himself could ever have hoped todo. sg Meanwhile, the Johnson wealth was expanding from its origins in broadcasting at Aus- tin, Texas. The real market value of those holdings today is judged in excess of $9,000,000. Johnson's bid in 1960 for the presidential nomination was smothered by Kennedy. In a bid for southern support, Kennedy asked Johnson to be his running mate and Johnson surprised many by accepting, But it was taken for granted he was near the end of his po- litical rise. He was the best- briefed vice-president in U.S, history and he travelled exten- sively, once inviting back a@ Pakistani camel driver. But he was not happy. Then last Nov. 22 he became th: eighth vice - president elevated by death to the White House. Observers feel he will make. a strong bid to still be there after the 1068 election. LARGEST CITY 4 i Tokyo's population of 10,500,- 000 live in an area of only 446 square miles, divided into 2 municipalities Ee