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Oshawa Times (1958-), 26 Mar 1965, p. 3

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Plan Leaps Into Stage Of Approval By RONALD LEBEL OTTAWA (CP)--The Canada Pension Plan cleared a major hurdle in the Commons Thurs- day night and seemed likely to get final approval today or Monday. After 20 days of debate dom- inated by the Conservatives and Creditistes, the House wearily completed clause - by- clause study of the massive 125-section bill. That left only the third read- ing stage, which seldom takes up more than one sitting be- cause more stringent rules limit speeches and amend- ments. Only the 13 Creditistes and Conservative backbencher Clif- ford Smallwood (Battle River- Camrose) have announced they will yote against the contrib- utory scheme. They may be joined by a few Conservative and Social Credit MPs. Liberal backbenchers thumped their desks and a few patted Health Minister Judy LaMarsh on the back after the Commons approved clause one --the title -- and reported the bill for third reading. Creditiste House Leader] Gilles Gregoire aaid his group intends to move an amendment today calling for payment of $100 monthly old age assistance to all persons aged 65 and over, Such an amendment likely would be ruled out of order because it would increase government expenditures. ~ Mr. Gregoire said the amend- ment also will seek two separ- ate. votes on third reading--one on contributory pensions and one on old age security. Creditistes Call 'Fraud' He was among seven Credi- tistes who spoke Thursday in a last-ditch attack on the com- pulsory contributory plan. They called it a new tax, a "national fraud" and a Commu- nist-inspired device to transfer private investment capita! into the hands of the 10 provincial governments. While six-month-old Alan Auger shows his delight in being "'litterly" surrounded by seven new-born Samoyed SOME KIDS GO TO THE DOGS pups, the mother doesn't seem too happy with the intruder. Sneezna Damia, Russian for Snow Queen, is YOUNG owned by Alan's father, Richard Auger, of Holtyre, 55 miles east of Timmins. --(CP Wirephoto) Chinese views on Indochina and other world problems are emphasized in this in- terview with the Chinese premier, Chou En-lai. The writer, now in China, is a former Polish diplomat. He writes for the New States- man of London and Nou- velle Observateur of Paris. By K. 8. KAROL by giving back the property he has stolen. The best way the Americans can save face is by withdrawing their forces from! South Viet Nam and by re-| nouncing the right they claim to carry the war into the north." Chou said that 'American ag- gression against the democratic republic of Viet Nam is aggres- sion against the socialist (Com- munist) camp in its entirety." Asias Sleeping Tiger Stirs, Angered By The Din Of War For MLAs said, "I advised the Soviet lead- ing on the grounds that this would be a gathering of split- ters."' "Khrushchev to cancel it?" he continued. "But here the question of 'sav- ing face,"' as you put it, arose: They were determined to har- vest the legacy of Khrushchev ers not to hold the Dec. 15 meet- wouldn't it be a simple matter| TORONTO (CP) -- T. F. C. Cole, secretary - treasurer of Windfall Oils and Mines Lim- ited, testified Thursday that he knew of no Windfall official who sold company stock short. In a statement prepared for the royal commission investi- gating the sharp rise and fall lof Windfall stock last summer, Mr. Cole said: "T personally traded no shares' lof Windfall whatever, either di- rectly or indirectly, over the en- Plage apnea re ong eaigscaren on gp inna et Bie No Official Sold Stock Short Windfali Treasurer Insists nad inside information and had sold shares of the company short." The period referred to was July 6 to July 31, when com- pany shares rose to $5.60 from 56 cents on rumors, of impor- tant. discoveries at claims near Timmins, then fell to 80 cents after the company said no ore was found, Mr. Cole said the company THE OSHAWA TIMES, Friday, March 26,1965. 3 had the backing of the Ontario Securities Commission and the Toronto Stock Exchange for its decision not to publish assays of exploration work '"'before the hole was completed." The decision was made at a meeting July 14 attended by Windfall officials and represen- tatives of the commission and the exchange, he said. CRITICIZE LACK Several witnesses before the tire period. I have talked to the other directors about their po- sition and I am advised that none of them sold short." Selling short means borrow- ing stock at one price and sell- ing it, buying it later at a lower price when the market declines, thus collecting a profit. 'Referring to testimony given by prospector Ralph Allerston, who charged the Windfall di- rectors with '"'dereliction of duty,"' Mr. Cole said such state- ments were "unfounded and ir- responsible." NOTICED RISE He said that on July 6 last year he noticed the sudden in- crease in the price of company shares, The next day, a direc- tors' meeting was called and a press release was prepared and sent to newspapers, "The next three weeks were literally a nightmare for all concerned with Windfall Oils and Mines Limited," he said. "Once again I refer to the al- jegations of Mr. Allerston, who insinuated that the directors had acted for their own per- sonal gain over that period and he implied that the directors 'Pay Hikes In Offing is expected to) introduce an amendment to the) Legislative Assembly Act to- day or Monday increasing in- demnities and expense allow- ances of members of the legis- lature. A Conservative source at | TORONTO (CP) -- Premier| P° having fallen,|John Robarts 'MRS. WINDFALL' TOLD TV TRUTH TORONTO (CP)--The wife ni the president of Windfall Oils and Mines. Limited was rejected as a guest on the television program What's My Line? but she appeared on To Tell the Truth, a royal commission was told Thurs- day. Mrs, Viola MacMillan, wife of George MacMillan, agreed to appear on the show at the suggestion of Mrs. Marjory Humphrey, a director of Windfall. Both shov's are con- ducted by Columbia Broad- casting System. Mrs. Humphrey told the commission investigating the sharp rise and fall of Windfall stock last summer that she wrote to the program direc- tor of What's My Line? "I thought it would be a good Canadian story," said Mrs. Humphrey, who also writes an advice column for the Toronto Globe and Mail under the name of Mrs. Eliz- abeth Thompson. 'Viola didn't know anything about Later, a television official asked Mrs. MacMillan to ap- pear on To Tell the Truth, in which a panel tries to name the correct person from three who claim to be that person. "Only one of the panel guessed that Viola was the real Viola MacMillan," Mrs. Humphrey said. "And he said chose her because she looked rich." commission have criticized this lack of disclosure of assays: in early July while the shares were soaring. Mr. Cole disputed other -tes- timony by Mr. Allerston, who as a shareholder had said the price paid by Windfall for its claims was '"'quite a fabulous consideration." "It is apparent that the price paid was very carefully scruti- nized by the Toronto Stock Ex- change,' Mr. Cole said, '"'and would therefor appear not to have been a 'fabulous consider- ation' in the opinion of the ex- change or any of the sharehold- ers." When the company decided to buy the claims near Tim- mins, Mr. Cole said he became concerned at the possibility of a conflict of interest in his roles as a company director and a solicitor to Mrs. Viola MacMil- lan, wife of the president of Windfall. He said he suggested to her and Windfall's' acquisition of the property, she should get an- other solicitor. WITNESS RECALLED Recalled to the witness stand Thursday was Mrs, Marjory Humphrey, a director of Wind- fall, a friend of Mrs. MacMil- lan's and the writer' of an ud- vice column: in the Toronto Globe and Mail under the name Mrs. Elizabeth Thompson. Mrs. Humphrey said Mrs. MacMillan opened accounts for her, traded Windfall stock and earned Mrs. Humphrey a profit of about $3,400 on three trans- actions during July. On July 31, the day the stock Lovers Lane Spat Costs Girl $100 fell to 80 cents, Mrs. Humphrey said she bought 1,000 Windfall shares to prove she had confi- dence in the company's prop- erty. She agreed with Commission that in negotiations between her the' stock exchange for monaut Pavel Belyayev said to- day his spaceship, Voskhod II, failed to land on schedule last week and had to be landed an orbit late by manual control. It overshot its planned land- ding zone, Belyayew told a press conference. Belyayev's disclosures con- firmed indications that some- thing had gone wrong after he and Alexei Leonov had been in U.K. Again Urged; Damn U.S. Raids LONDON (Reuters) -- Rus- sia has renewed its call to Brit- ain for joint condemnation of U.S. attacks on North Viet Nam and the immediate withdrawal of American forces from South Viet Nam, British officials said today. : The renewed Russian appeal was contained in a message de- livered by the Soviet govern- ment to the British Embassy in Moscow Wednesday. Diplomatic observers said Britain is expected to reject the Russian move. Cosmonaut Says 'Voskhod' Forced To Land Manually MOSCOW (AP)---Soviet cos- orbit for more than 24 hours. The Voskhod II was sched- uled to come down after com- pleting 16 orbits, Belyayev said, But there was an inaccuracy in "the solar system of orienta- tion" that prevented use of the automatic landing system. The landing site was overshot "by a certain distance," Belya+ yev said, without disclosing how If you "fight the pillow", toss and turn all through the night really know why -- news and help for you! One cause suc! lessness may be traced sluggish kidney action. Urinery tation and bladder it car is when Dodd's irritated the backache. Take Dodd' you don't feel better, rest better. Don't wait, Ask for Dodd's Kidney Pills at any drug counter, Used suc- cessfully by millions for over 70 years, causes see if BUEHLERS TenderEATN AL - 3 Le TRUE-TRIM BEEF 12 KING E.--723-3633 Friday Night & Saturday Specials BLADE STEAKS STEWING VEAL COUNTRY SAUSAGE 4 lbs. 1.00 FREEZER SPECIAL Mr. Smallwood, an Alberta Copyright 1965 By K. S. Karol| errs 3 |HAVE DUTY farmer, described the scheme Seti ptt § Hien 9? | PEKING (AP) "If the! "This being so, all of ai as "'pure socialism" and one lls mericans ata Got content. with g so, all of us have and they therefore had their| ' pit |March 1 meeting." {Queen's Park said the existing Chou was asked what he|Sessional indemnity of $5,000 SIMCOE (CP) -- A lovers' quarrel that started last De- cember ended in court Thurs- Counsel Patrick Hartt that her transactions indicated she was inexperienced in the stock mar- HINDQUARTERS the greatest "political frauds" ever attempted in Canada. William H. A. Thomas (PC-- Middlesex West) said the opt- ing-out clause permitting Que- |threatening gestures and really want to provoke a wider con- flict, then the Chinese and Rus- sian people will close ranks." This was Premier Chou En- lai talking about the situation in Viet Nam. Continuing in this vein in a 24-hour interview, he declared: "That is the truth. Remember the duty to help the national liberation front of South Viet Nam and the democratic repub-| lic of Viet Nam in accordance with the international engage- ments we have undertaken. For the second time, I tried to put up the case for negotia- tions, reminding Chou that in both Indochina and Aijlgeria France had intensified its mil: thought of President de Gaulle's plan for the United States, the Soviet Union, Britain, France and China, to meet and discuss the reform of the United Na- tions. NOT INTERESTED "But China has nothing to do with the UN," Chou replied. "It is true that China is not at all probably will be raised to $8,000. The $2,000 annual ex- pense allowance received by all members will be raised to a minimum of $3,000 for mem- bers who live in the Metropol- itan Toronto area. The source indicated those who have to travel far- ther will receive correspond- ingly ' larger expense allow- that| Delhi was fined $100 and costs for dangerous driving. Miss Drury had quarreled with her boyfriend Dec. 22., the court was told. day when Bonnie Drury, 19, of|k et. Asked shy she sold the shares, she said a_ telegram from the stock exchange fright- ened her because it threatened to delist Windfall. «BEEF 51: CUT AND WRAPPED FREE ances up to a maximum of $4,000. Thus a private member who legitimate} PAINT AND WALLPAPER 85 Simcoe St. N. -- 725-3529 bec to set up its own pension plan with similar features will ward two associate states. | He said the government proceeding with either the Can-jthat and you will see that his-jitary operations preced- interested in the UN. For 15 ada Pension Plan or the bill due|tory will bear it out, That is|ing peace talks. Chou rejected|¥ears this organization, manip- plan that will allow the prov-jis dancing on the tight rope of| "France has learned the les-|{tusttated China's now makes only $7,000 a year inces to stay out of 16 other;war and doesn't know how to\sons of colonial wars," he said, | Tshts. ae can look forward to a minimum : mi .|. "Why cannot one envisage P. B. Rynard (PC--Simcoe|prises. $12,000. Only the expense allow- East) said the pension plan will) Chou emphasized. the last} my French friends, I ask them: |be as revolutionary? That is|ance is tax free. and will do nothing to help per-| meant by it. American friends to learn from|@t 2° banquet for Mr. Subandrio,|Labor Minister Leslie Rowntree sons on welfare. "The United States is in the/¢xPerience?' And each time 1|Indonesia's foreign minister.|suggested that the extent which ernment control over invest-\<ign* Chou declared. "It is|I.ask: 'Why aren't you capable|Ward a positive formula --|omy has been over-rated. -- ment. Private investment cap-|'onding marines to South Viet\Of producing a de Gaulle?' |that is, that the UN rectify its| He said that scare headlines essarily and handed to power-|/15; bombed the democratic re-\dispute with the Soviet Union |! reorganization." of automation had no basis in ete, aay teiveder | "As for peaceful coexistence, |{@¢t- e bis only °F 'North Viet Nam) six times the March 1 meeting of Com-:Chou said: Thursday was A. J. P. Cameron : = tiie te aa en, thot Weve ja danger that fear of auto- munist parties in Moscow, Chou To ask China to coexist| mation might so over - balance termed it "the most important; 'But the American govern- "Wh Ni z : legislation of its kind brought] ment will never force the South). | ir oe cee: Loom grr ie States while the latter main- would leave itself no time for : ; ch confer-|\tains military bases around|shelved while negotiations The combined contributoryjdemocratic republic of Viet sane song pag President Mao} : and old age pensions would as-|Nam into negotiations by inten-|, Stuns imself took part in| Quebec governments to work 4 | niall eae President Liu Shao-chi in. 1960.|that is i ible."' | vincia standard of living in their re-|nese proverb says, they are try- set : hat is impossible and one provincial. tirement years. 8 ing to go to the north while|"@ declarations published at | ° ences were not at all bad... . 'WENT HIS WAY' fore negotiations begin, Chou|oiq way and treating the dec- The contributory pension plan 'Saving face? A brigand who|ing originally was set by ScAnraraA as last year's flag debate, which! mitting a second or a third? "we put our new hopes in the choke off further discussion. |put it, saved? November for the iversary ' ; " Rape 2 seat anniversary | Various versions of the pen- "In my view, the best way)of the Russian revolution, Chou! plan was discussed at three|qepated for three presented by divide the country and lead to- should call an election before for study following the pension|why (president) Johnson, who|the comparison. julated by the United States,| cost-sharing programs. turn aboyt, is risking some sur-|She knows they can't be won.| of $11,000 and a.top pay of |That is why, each time I meet|founding another UN that might not cover 2,500,000 Canadians] phrase, but did not say what he\'Why can't you persuade your|What I said recently in Peking) Meanwhile, in the legislature It could lead to complete B0V"| orocess of extending its aggres-|SPeak to my American friends|Elsewhere, China has put for-|automation affects the econ- ital would be soaked up unnec-inam and in a single month it} Asked about the ideological|™istakes and submit to a radi- regarding the possible results| hungry provincial governments.| lic ; : : ; wit public of Viet Nam (Communist/and China's refusal to attend Mr. Rowntree said there was (L--Toronto High Park), who,QUOTES PROVERB santas» a ' replied: peacefully with the United|thoughtful action that society before Parliament." |Vietnamese people and the |China and occupies the Chinese opened between the federal and sure Canadians of an adequate,sifying the war. As the old Chi- the first at Moscow in 1957 andjterritory of Formosa, obviously,|oyt similar plans, one federal | f heading their horses to the|'he end of these two confer- south."' D b t L th Asked whether he thought the| LUCI i E ose NOW e a e eng United States might be stepping} "put this did not prevent replied half astonished, half in-|jarations with contempt." has consumed nearly as much|has committed an armed. rob-|Khrushchey for jast Dec. 15.| AT took up 33 days before the|How many crimes are required |new Soviet leaders." PATTE' sion plan have been debated for|this bandit can save his face is ee = peer . -- a a Rivals ' . . up operations to save face be-|Khrushchev from going on his : dignant: Chou noted the March 1 meet- debating time in the Commons) bery--can he save face by com-|and after his fall in October closure rule was applied to before America's face is, as you! When he went to Moscow in 28 days since July 18, 1963. The disc ° days and federal-provincial conferences in' seeking solutions. 1963 and 1964. "Today, it would be foolish The first. version, providing tg underrate the possible speed for lower benefits and contribu-| oy quality of techuctogica! tions and pay-as-you-zo financ-|-hange, But it would be equally ing, was introduced by Miss La-\unwise to over-rate the extent Marsh June 21, 1963 to which it now is affecting the It was debated July 18 then .oonomy." shelved after several provincial) The minister made the com- governments and the Commons|ments while introducing esti- Opposition sharply attacked) mates expenditures for 1965-66) some features of the plan. jof $6,700,000, an increase of al-| The second version was intro-| most 33 per cent over the fiscal duced March 11 of last year, year ending March 31. THE ULTIMATE IN LUXURY LIVING!! SPACIOUS BEDROOM SUITES * PENTHOUSE OT ys Are you a Gold Stripe type? 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