The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

US. BUSINESS FINE, BUT... Ownership Share Must Be: Gordon . THE OSHAWA TIMES, Seturdey, Mey 15, 1965 3 'DeGaullism' |_ Finds Favor Mrs. MacMillan Didnt Care From Canada Much About Drilling Results By DAVE McINTOSH shares July 12 to Mrs. John| ' By JAMES NELSON ALBION, Mich. (CP) -- Fi- nance Minister Walter Gordon "of Canada mixed an air of friendly persuasion with a stern admonishment when he spoke Friday night on the subject of 'American investment in Can- ada. : He told a group of business and academic leaders studying Canadian - American relations that Canadians must be given a share in the ownership and direction of American branch- plant business in Canada. No other major industrialized) country, Gordon said, permits) foreign businessmen to set up) and run subsidiaries in its ter- ritory without requiring the for- eigner to give its own nationals) a chance to share in both the) investment and the direction of} the enterprise--and the profit from it. Gordon spoke to a regional meeting of the American As- sembly, a Columbia University- directed body which this year is studying U.S.-Canadian rela- tions. At Albion College, Gor- don spoke to a group of 60. In this automobile - building state, he suggested that Gen- eral Motors might make 25 per cent of its holdings in General Motors of Canada available to Canadian ownership and prom- ise to make another 25 per cent available in 10 or 15 years He hoped this would be done voluntarily and said it was il- lustrative of what he would like to see done by. other U.S. and European companies with large subsidiaries in Canada, But Jater in his speech he also said he hoped his views '"'will be heeded"' by any who have large investments now in Canada or contemplate making new in- vestments. At the end of his speech the meeting was thrown open: to questions from the floor. If Canada admired the regu- lation of foreign investment practiced by such countries as Britain, France, Germany, Mexico and Japan, why didn't} Canada adopt the same regula- tion? | i direction of industry. Ottawa might find it difficult to make regulations in this field. 'A questioner began asking "If Canada wants less foreign investment--" but the finance minister cut him off. "don't misunderstand us, For- eign investment has helped de- velop our country, and the fact that it has come in freely has developed our country much faster than otherwise might be the case. But the fact that 60 per cent of our manufacturing industry is foreign-owned is a source of friction." CAPITAL WAITING Where would Canada find the capital needed to assume a greater share of ownership of industry in Canada? | "It's sitting around, waiting,"') r. Gordon said. | In his speech, Gordon said) Canada will continue to require) substantial supplies of long-term capital. But he hinted that his government would prefer the foreign investment to be in terms of bonds and debentures --debt financing rather than equity ownership of Canadian industry. "We are becoming increas- ingly concerned about the char- actor of the capital inflow and M OTTAWA (CP)--The policies of French President de Gaulle, wrapped up in the phrase 'de Gaullism," now seems to be finding more favor than crit- icism among Canadian d iplo- mats at home and abroad. There's still a good deal of criticism -- de Gaulle is some- times referred to here as the "Separatist of Europe" -- but there's also a lot of sympathy for what he is trying to do. Many officials say Canada is probably in a better position than any other nation to judge what de Gaullism means be- cause this country constantly has to fend off heavy American influence. They say de Gaulle is. trying to get Europe to stand on its own feet and make its own de- cisions without American direc- tion, however well intentioned. There's much support here for such a policy. Informants say that with Europe booming economically there's no reason why it should let the United States take care of its defence and other policies. Europe, they say, should start acting like an adult. The Canadian government is troubled by some forms de |Gaullism takes: For instance, jcreation of a small, independent TORONTO (CP)--Viola Mac- |Millan told the Windfall royal commission Friday she avoided knowing too much about 4rill- ing results on Windfall's prop- erty near Timmins. ; She told the commission she had travelled 500 miles to Tim- mins two days before wild trad- ing in Windfall shares began last July. But she didn't bother to look at a drill core which her husband George, Windfall's president, had told her "looked interesting." Mrs. MacMillan, a pert 62- year - old, testified for four hours Friday. The commission, headed by Mr. Justice Arthur) Kelly of the Ontario Court of Appeal, is investigating why shares of Windfall Oils and Mines Ltd. rose to $5.60 from 56 cents in a three-week period. She had given evidence for four hours Thursday and was \followed on the stand Friday by jher husband. George MacMillan told the commission he had offered July 114 to show the Windfall core to lofficials of the Toronto Stock Exchange, and repeated the of- fer the next day, but nobody 'showed any interest. DIDN'T WANT TO KNOW cents and then collapsed to 80) Campbell, wife of the former director of the Ontario Securi- ties Commission. ALMOST DRIVEN CRAZY Mrs. MacMillan said the wild trading in Windfall, which started July 6 when the price of shares more than tripled on the exchange, almost drove her early in July for various rea- sons, including tax advantages. Pressed to say why the com- panies were short in Windfall when announcement of assay results burst the bubble July 30, Mrs. MacMillan said: "I wasn't exactly sure where we were at in those hectic days."' crazy! She said it was just acciden- tal that purchases of Windfall shares for companies she con- trolled were made at times when the stock dipped in price. COSENS & MARTIN Insurance 67 King St. E., Oshawa Aa ieee! 728-7515 She said the r sold Res. 725-2802 or 725-7413 Windfall shares short from DRUG STORES OPEN THIS SUNDAY i 12:00 A.M. to 6:00 P.M. | EASTVIEW PHARMACY ig 573 KING STREET EAST PHONE 725-3594 | MEDICAL PHARMACY 300 KING STREET WEST PHONE 728-6277 nuclear force which, sources here say, couldn't seriously damage Russia but which could bring on a world war. BIG DIFFERENCE This force is less than half the size of the RCAF air divis- ion in Germany. The difference is that France controls her own - nuclear weapons. Canada . does not control the 'nuclear war- heads supplied by the U.S. The government is also upset by Quebec's claim to negotiat- ing treaties with France, which regards herself as the leader of the French community every- {where in the world, One important factor in Can- ada - France relations at this time--and they are complicated |}by clashing views on NATO and the ownership pattern it is gen-| erating." He noted that as foreign in-| vestment pays off, the earnings| are reinvested in further owner- ship, thus pyramiding U.S. con- trol. "It would have been prefer- ably from our point of view if SNAKES OF STONE DON'T SHAKE HER BONES Ga., closely examines a pet- its tiny teeth. ; 4 4 rified snake which her moth- --AP Wirephoto more of the foreign financing|_-- ' pict visage Parliament Keeps Bustling a While Leaders Ride North In suggesting that more equity stock be made available to Canadian investors, Gordon said he was not suggesting these offers be made at anything less for any handouts. But I do be- By PAUL DUNN jby some $3,600,000,000 over-all, part of the minister of the day' lieve Canadians should have OTTAWA (CP)--With leaders |the government's commitment|on central bank policy. some opportunity to share injof the major parties tending|through Central Mortgage and| opps HARRIS the ownership and in the growth/ political chores in Northern On-| Housing Corp Miss Jewett "said afier 'inter-|the United Nations -- is that of the larger industries in their|tario, the Commons hands kept! Earlier this month, Mr. Nich-jest rates began to Beier in}External Affairs Minister Mar- er, Mrs. George Griffin, dug up in the backyard of their home. The snake was per- than current values. country." Mrs. MacMillan said that she} had her hands full with Wind-| fall's financing and didn't want! ito know too much about the| 'drilling results because she was) constantly being asked for in- formation. | She said that on July 6--after her trip to Timmins--she sent) two small core samples to be) assayed. i remember when she husband about the results, |that he said they were not im-| 'portant. | Commission Counsel Patrick) Hartt asked why she had un-) limportant samples assayed but) not important ones which were in the MacMillans' car. | She replied: "I'm sorry, but) you'll have to ask George about ae | She told the commission she had not informed her husband) North Simcoe Pharmacy Ltd. 90S SIMCOE ST, NORTH PHONE 723-3418 ATTENTION GENERAL MOTORS EMPLOYEES Save Your Prescription Receipts Commencing Merch 1, 19,65, Blue Cross Prescription Drug Benefit Plan will honor receipts for i from i and 4 jh it fo ii der the terms of the egreement. r ent un Save the receipts issued by the pharmacist ef your choice. He will glodly assist you in making i for become ont es yeu THE OSHAWA PHARMACISTS ASSOCIATION Your Money Earns More At CENTRAL ONTARIO TRUST & SAVINGS CORPORATION the ranch work moving Friday.|olson announced that ceiling)19 ibe ; saree Py , sae "eel Gordon said he wasn't prais-| If the present trend continues) MPs moved swiftly to give|limits on housing loans a fe ent tee ge poorer ra Conve te Wee gps, ing those regulations, and hejunchecked, economic union with\second reading, approval inj|CMHC would be raised effective|ative successor, Donald Flem.|well together They hate met wasn't sure they would work in|the United States would in ef-|principle, to amendments to the|immediately. One of the rea-|ing both disclaimed res Oa eight times since "Mr Martin Canada--or whether Canadians|fect follow, and this would be|National Housing Act and Bank|sons for the amendment to the|pility for monetary poliew The became: ministertwo-vears ago} would want them. For one thing/a disaster for Canada. of Canada Act but had to settle|act is to provide for the ad-|onus Paes . ; ha a) that she loaned 5,000 Windfall) DELUXE CAMPING } yeors, Authorized Trustee investments. Redeemable on decth. when invested in our Gueranteed Investment E ang ia dis t L onus was shifted to the Bank of and Mr, Couve de Murville is| under the Canadian constitu- We would be swallowed UP, /for two-out-of-three when New {ditional expenditure expected tolCanada. planning another visit to ov IN NEWEST PARK tion, property and civil rightsjand nobody likes to be swal-|Democratic Party are provincial matters and they|lowed up, members arise from these increases | There is a general move in|tawa this fall. best/balked at a third bill. Pauline Jewett (L--Northum-jother countries to make the ~~ 'COST NO MORE even by his are involved in ownership andj friend." The NDP stand came on Ajberland) was a main speaker|central bank governor respon- Bar Should Open Clinics To Advise of Rights: MLA TORONTO Welch (PC -- Lincoln) told the Ontario legislature Friday that county bar associations should set up regular public clinics to advise persons of their legal rights. Speaking in the budget de- bate, Mr. Welch, a lawyer, said: 'The legal rights of an| individual in a democratic soci-| ety should be as important as his physical health." Individuals would come inj} and talk about their legal prob-| lems, he said, if they knew) they would be charged only a} minimum fee for a short inter-| view. } Mr. Welch also proposed that old persons not ill enough to} quality for hospitalization as- sistance be treated in convaies-| cent and interim-care units that) ----.| Police Snap 'Porny' Ring In Montreal. MONTREAL (CP)--An elab-| orate network, centred in Mont-| real, to distribute pornographic! material throughout Canada and the United States has been smashed by Quebec Provincial Police. Three men have been ar- rested and police have confis cated enough pornographic film, photographs and _liter- ature to fill two large trucks Insp, J. H. Patenaude Friday described the investigation which began last February, as "an exhaustive one' involving police and postal officials from both countries. He said the dis tribution setup. was "continent- wide." Police searched 147 homes in Quebec province for evidence. | Arraigned in municipal eenit| were two brothers, Bernard| Randolph, 37, of suburban Chomedey, and Morris Ran-| dolph, 48, of Montreal, and Ted| Mitchell, 30, of Kingston They were charged with mak-; ing, publishing and. preparing! pornographic material for save, among other charges. They pleaded not guilty and were ordered to appear May 20 for preliminary hearing. Bail was fixed at $15,000 each. Insp. Patenaude said the ma- terial confiscated in Quebec in- cluded about 200 reels: of film thousands of pictures and "about a ton of obscene liter- ature." Raids in the U.S. produced 81 feels of film and great quan- tities of photographs and liter- ature, all of it distributed from Montreal. In Canada, the QPP were aided by the Ontario Provincial Police and the Montreal police de; t. (CP)--Robert|would be established |bill to retire future senators at/on the Bank of Canada amend-|sible to the finance minister, 75 on annual pensions of $8,000.| ments. she said. Canada had not quite The New Democrat at ("The bank il, among ier CMU up Hh ne rnd simply a political reward They | things, would prevent any ane ony ie a lHGAied ai aweninient 10/%" Canada governor from 1 len be a step on the way to! \postpone the Senate bill for six creasing his own pension -- an a ain 3 assumption of monetary | lesa obvious outgrowth of the dis-|Tesponsibility by the federal Citizenship Minister Nichol-| Mute between former finance /&¢7hebeent. near|son, whose portfolio includes|™mister Donald Fleming and), -- is no point, she added, acute - care and chronic - careladministration of housing, pant S°vernor James Coyne in racers tt bank board of di- hospitals. |\piloted the NHA amendments 1961. reiki ed is a direct re- He said Ontario should 'con-|\through the Commons. The leg- 'The amendments would also Ceuuae & opting the bank sider gradually lowering thelislation drew all - party agree-/sive the government the final itor and thr hh m to Pashia. qualifying age for its old - age|ment and likely will be ap-\S8¥ in any dispute with the), rough him to Parlia- assistance to 60 from 65 since|proved Monday. bank on monetary policy. ; the federal government is re- 2 Miss Jewett said the bill 'will WOULD RESIGN ducing the qualifying age for RAISE COMMITMENT prevent any further denial of, Finance Minister Gordon told its old-age pension to 65 from' The amendments wil] raise'ultimate responsibility on the|the Commons earlier the bill Policy Planned ST. THOMAS (CP)--The fed- eral government is working on a uranium export policy which will be ready in the near future, Trade Minister Sharp said Fri- day. His announcement followed a statement by Prime Minister Pearson in the Commons last week that arrangements are being made for discussions with France on the possible sale of $438,000,000 worth of uranium oxide. Mr. Sharp told a press con- ference that Canada must have an export policy on uranium to ensure that it is sold for peace- ful purposes and "see_ that everybody gets a fair share." He said one technical prob- lem is applying safeguards to a nuclear-powerful. country wish- ing to purchase Canadian uran- ium, "This policy is open for dis- 'Uranium Export Certificates for 6 te 10 Over the past few years camp-| ing has reached a peak in popu-| larity and many families are now seeking something extra in facili-| ties, camp sites, entertainment, | etc, For these campers who want) lsomething 'a little better'. Laval-| lee Tent and Trailer Park is the answer. Requiring 3 years to complete, | Lavallee now offers more refine-| iments and conveniences in one location than one is apt to find] ° janywhere . . . yet one can still] } Head Office: Jenjoy relaxed, informal camp life! at its best- As in most good parks,| lone will find picnic tables, || lfire wood, a safe sand beach,| -- |good fishing with boats and bait/ available. clean flush toilets and/ |water and electrical connections) for trailers, but--it is the EXTRA! features which see this comp| lapart. For example: ras | A complete automatic lounerys AY 19 Simcoe St. N. Oshawa , lis at your disposal--there's an lexcellent 9 hole par 3 golf course] FOUNTAINHEAD Tel. 723-522 OF SERVICE on Chequing Accounts from the day the account is opened. Paid Querter- ly on minimum monthly balance. No charge for cheques written, on Savings Accounts. Paid and compounded quart- erly, *Yearly Rate "X os v om mak ty -- S555" ns »» Taaraay ¢ Rs (gssssssss for recreation -- and a modern) steam bath. In fact, there's some-| |thing for everyone, young and old,| |with regular movies and Saturday night dancing in the Comnnunitvt Holl and picturesque nature trails} through the abundant woods, The} convenient store is well-stocked) with groceries and sundries --} leliminating troublesome trips to! it SAVING HOURS: Mon.-Thurs. 9 to 6 Friday 9to9 Saturdoy 9 to S own. With all these extras in comfort 70. Bo 9: = js ------/|provides that if a policy direc- WILL RAISE FLAG oes ee ee Premier Robarts announced b W t N ] |necessary it will be made pub- that Ontario's new flag will be! ue ec an S 0 ualre ae : the governor still ob- raised in front of the legislature oat r : ular be presumed he building in a :30| ® akg mies Friday, ace gag at deat Over Cultural French Tie On the bill to retire senators, A pecan Uagoola waa put a0! |who now serve for life, Frank Friday to the right of the eg " . > Howard (NDP -- Skeena) said isting pole on which the Cana- QUEBEC (CP)--C ultural Af-| Emphasizing that France rec- the Liberal and Conservative dian flag now flies. The Cana-\fairs Minister Pierre Laportejognizes the federal govern-|Parties -- operate the Senate on aon flag will be transferred toltold the legislature Friday he|ment's treaty - making PONE orts ter et ee e new pole to give it the place) , " yok | i ae: ee Seranae Pane g Pp jhad no thy to 'provoke_ : any Martin said the head of the!' He moved the amendment tolcussion," he said. "Our decis- The house last month adopteq| quarrel with the federal gov-icultural affairs section of the|shelve the Senate amendmentlive policy is not to sell uranium the former Canadian red en-\ernment over a possible new/French foreign ministry plans for six months. It will be voted|for anything other than peace- sign as the Ontario flag, sub. (Quebec - France cultural en-lto visit Ottawa later this month|0 /aler. ful use." a | -- stituting the Ontario shield for|tente. lin connection with Quebec plans! -- -- the Canadian shield in the fly. | In announcing the trip Thurs-|to make further cultural ar- Robert Nixon (1--Brant) saidiqay night, Mr. Laporte said in|rangements. Why Pay More.. the hazards of alcohol addiv-|reply to a reporter's question) Mr, Laporte is scheduled to ' tion should be taught to teen-lthat the federal government|meet Mr. Malraux Monday to Al atts in schools. : : |had not been warned by Quebec|gnen talks on an eritente cover-| = a Nixon, a former iigh-ithat one of the, aims of hisling moving pictures, linguistics| id s¢ ago teacher, said students) week-long trip is to open nego-land exchanges of artists and] ON PREMIUM QUALITY gal are being bombarded by adver-itiations on a new culturallartistic exhibitions. : tising which Suggests that any-jagreement with Andre Mal-| Referring to the goal of his FUEL OIL poet gps does not drink is 4/raux, French' cultural affairs|yisit, Mr. Laporte told the leg- soc ial outcast. ; minister. islature: Phone 668-3341 SHOULD BE INCLUDED Mr. Laporte told the legisla-| «Jt js simple, It is clear. My He said educating students injture Friday before leaving for goal is to obtain: from France Serving Oshawa and District the dangers of alcoholism,|Paris this 'was one of the/new extentes on subjects which| which he described as a grow-|most delicate questions that/relate to the jurisdiction of the| SERVICE STATIONS OPEN THIS SUNDAY 7:00 a.m. to 9:00 p.m. R. J. TUMEY'S SHELL STATION 962 SIMCOE ST, NORTH and convenience, camping rates! lare still comparable with parks offering much less .. . just $1.50) |per day for tents and $2.00 per |day for trailers with NO annual $5.00 fee to pay: Lavallee Park is 68 miles from |Peterborough, south on the lower |Faraday Road, and only 11 miles) |from Bancroft. It opens for the |summer on the 24th of May week- lend, so drive in and see for your- |self just how luxurious camping |can be. For a free brochure, write to Lavallee Tent Park, R.R. Coe Hill, Ontario, { ALEX NATHAN'S SUNOCO STATION ing social blight, should be|has been asked me since I be-\province of Quebec." 215 KING ST. EAST within the jurisdiction of the|came a minister." Referring to education department's second-|the controversial question of ary - school health program, |Quebec international relations Mr. Nixon also said religious|he said Premier Lesage and instruction should be removed|Prime Minister Pearson "have from the public school system.|not yet reached definite conclu-| He said teaching Christianity|sions" on the matter. | ~ hang . Parents ' many eternal Alsei es Minister aiths who have no alternative|Martin told the Commons ear- ns acto» their children to pub: {lier Friday that he held discus 1c schools, sions last week in Paris with Instruction in religion should|cultural officials of the French} operly be the province of the/foreign ministry about. further the public] Quebec - France cultural ex-| changes. | BUY YOUR HOME IN pr church and not schools, he said, i ATTEND THE OSHAWA TRAFFIC CLINIC in the Courtroom at the Oshawa Police Dept. Athol St. West MAY 18 AND 20 _ FREE COURSE FOR NEW DRIVERS And People Who Wish To Improve Their Driving: Ability Why does Beau valley look expensive... appearance and individual setting for each home... A no extra charge. Built By Sold By H. KASSINGER Construction, Limited 360 King Wes Because we have paid a great deal of attention to the exterior SCHOFIELD-AKER COOPER'S TEXACO STATION 56 BRUCE STREET ) WHITE ROSE STATION 38 PRINCE STREET T. GOCH SUPERTEST STATION 437 SIMCOE ST, SOUTH WINDER'S ESSO STATION KING and RITSON ROAD SOUTH TOM CULLEN'S ESSO STATION 288 BLOOR ST. WEST (Formerly Kemp's) GEORGE BROWN'S SUPERTESTSTATION 334 PARK ROAD SOUTH Il with CLINT'S TEXACO STATION WENTWORTH and CEDAR DOVE'S FINA STATION 792 SIMCOE ST. SOUTH SHELL -- HANDY ANDY rs COR. KING ST. and STEVENSON'S RD. . » 723-2265