22 «(THE OSHAWA TIMES, Fridey, June 3, 1960 GLANCE AROUND THE GLOBE Anglican Synod Urges inquiry On injunctions TORONTO (CP)--The Angli-\day. Leslie RB. Peterson, minis- can Synod of Toronto voted ter of labor and education, ad- unanimously Thursday to urge dressed a luncheon of the New an Ontario government inquiry York governor's conference on into the use of injunctions in|' manpower training aw are HONOR FORMER SPEAKER AWARDED $33,000 OTTAWA (CP) ~-- About 125 7 TORONTO (CP)--Mrs. Isa-/MPs, senators and. officials in- 7 bella Ward and her three chil-|cluding Prime Minister Pearson dren, of Guelph, were awarded| attended a ceremony in the Par $83,000 Thursday in a°$300,000|liament Buildings Thursday in suit against Air Canada. Herjhonor of Alan Macnaughton, 'Banks Revert' U.K. Must Sell | Boundaries ature representation changes. | To Old Ways ToMectDebt | Bill Passes ZA") Cire BI TORONTO (CP)--Some Cana-/ likely will end *966 with another) toRonTo (CP)--The legisla- =---- dian chartered banks have re- international payments deficit ture approved in principle Wed- verted to an old procedure which! 4nd its huge foreign debt to the| necdaw a hill addina « ad tas ior" sone WOTTOWweTS . : ' ; iii the 10§-member house J ~ U leave a certain portion of their, ™4y be met only by selliNZ| -oqrawing most of the prov- 4 \loans on deposit with the bank., more of Pe contr: eee tina's sincterh' Souniades However, the borrower pays °F United States , BesPl s.. A / tetareed on thes full amount 2 the the National Institute of Eco- Pang hig eg aod ~~ Joan although he 'can use only| nomic and Social Research. : Maal daeeeeal 4 : The British government has|the whole, but final approval is| i part of it. The amount ieft on e govers lexpected with a minimum 4 ; . deposit varies from customer to already converted into short- b 8 a A i customer term bonds about $900,000,000 in| Date A bank spokesman said that|American securities, reducing) Redistribution will not become| as an account increases its ac-\its U.S. stock holdings to about effective until the 27th Ontario tivities it becomes more expen-/ $590,900,000. | legislature is dissolved sive for the bank to operate so| It issunderstood that any fur-| Both andrew Thompson, Lib- the customer deposits a portion| ther depletion of British stock) 731 opposition leader, and New of his loan, the interest on which! holdings in the U.S. will be un-|nemocratic Leader Donald covers the cost of maintaining dertaken only in close consulta-| { , | Mac st tion with the American treae| oo nt, smmeerted to the) TURES Tis i it aed manufacturer Seamless, silver brazed frame - Dependable 'Perry' coaster brake Heavy, chrome plated rims Dazzling automotive-type finish Gleaming white fenders & chain guard ress-Style saddle. KING ST. W. AT PARK RD. King Park Plaza husband, Gregory Ward died in|Commons Speaker in the turbu- the 1963 Ste. Therese crash /lent Parliament of 1963-65. The which killed 118 occasion was the unveiling of a portrait of Mr. Macnaughton BYPASS STRIKE CORNWALL (CP) -- Work SIGHT ROWERS men have begun unloading 250. NORFOLK, Va. (AP)--Two tons of Montreal-boynd zeneral|English journalists, tr to freight from the Norwegian ves-|\row to England in a 0 sel Haukefjell. The ship, which | boat, were sighted by the U.S.X docked here Wednesday, was|Submarine Cutlas Thursday, 98 the second ocean-going vesse] to|miles east-southeast of Cape unload Montreal-bound cargo|Henry, Va. The submarine's here because of the longshore- skipper reported that David men's strike in Quebec Johnstone, 34, and John Hoare 29, told him they were doing DIPLOMATS ORGANIZE fine OTTAWA (CP) -- A newly- formed organization, already ITALIANS MARCH being termed the striped-trous-- ROME (Reuters) -- Italian ers school of unionism, has noti-| missiles, armored vehicles and SCIENCE GRAD Andrew Harry Boychuk, son of Mr. and Mrs. Harry Boychuk, 368 Elmridge Ave., appointed to a with Shell Oil. Co, Litd., at Sarnia following his graduation with a B.A.Sc., degree from the University of Waterloo, He is a former student and graduate of O'Neil Collegiate and Voca- tional Institute Charges Laid has been position the account The Canadian Imperial Bank Ury lof Commerce recently sent a The chancellor of the ex- \circular to its branches remind- chequer, James Callaghan, has ling them "'to have their custom-| Pledged to start paying off the lers maintain cerdit balances huge monetary fund debt on or commensurate with the services before the deadline. The first they receive and the credit lines| Payment of about $1,000,000,000 granted to them." (U.8S.) is due in November, pga teas i 1967, and the second of about $2,500,000,000 in mid-1970. NEEDS BIG SURPLUS In American terms, British i * . reserves currently total about | epicts City $3,600,000,000 and unless Britain achieves a sudden big surplus WEYBURN, Sask. (CP)--This'in its international payments, city has 10,000 persons but its payment of the 1967 monetary history weighs 2,000 pounds, fund loan could cause a major took 1,430 man-hours of labor drop in the reserves and per- to complete and is 13 feet haps another speculative run on Work Of Art government Wednesday the es-| tablishment of a permanent re-| distribution commission and the! PHONE 723-0721 toring « wd @ lady's thoughts turn te golf, Be sure you @re weoring the most fashionoble golfing fogs this seoson ' by visiting Bleck's Ladies' Wear Sporteweor Department To Lady GOLFERS! fig, big telection A COM, & CRUISER bives . ONLY $1. A WEEK BLACK'S LADIES' WEAR LTD. 72 SIMCOE NORTH across sterling The history is -written in 90 'The national institute, a pri colors and thousands of pieces vate but authoritative associa fied the government it will seek! tanks rumbled through the an certification as bargain- . Wis After Assault ing agent for foreign service Roman Forum Th officers. The Professional Asso-1" 4 military parade marking MONTREAL (CP) -- Twolof Italian glass tile mosaic.) tion of reputable economists, es clat on of Foreign Service offi-|'he 20th anniversary of Ita '-|Montrealers Wednesday were'placed one by one in the 10 timates in its latest review is cers, which came coming a republic c with grievous assault| panels of a 13-foot wheel sued today that Britain in quietly earlier this year, has BAND'S BUSY | Martin Jr., son of Ex Mrs. Joan Linley designed the 1966 will have a deficit of some 350 members signed up setae i nal Affairs Minister Martin.) work of art for City Hall and! about £100,000,000 ($300,000,000) in both the external affairs and WASHINGTON (CP) Jacques Rougeau, 36, and headed a three - person team!--sharply lower than the £750 trade departments Royal Canadian Regiment band|/Paul Dion, 40, chose trial by) which pictured the community's| 000,000 that caused a run on from London; Ont., has been judge and jury. Preliminary history from the days of the In-| sterling in 1964 but still a drain HELPS TRANSITION kent busy here on a visit that | "eating was set for June 8 dians on the vital reserves BUFFALO (AP) The fed . The acc were allowed to nenmineeianet eral-provincia! program of man ends tonight with a concert or without bail power training in Canada is de-|the steps of the Capito! buildin Rougeau is a brother signed to help Canada's trans-|It played at a full-dress rece; Johnny) Rougeau, in- ition from producer of raw ma-|tion Wednesday nigh re (de candidate in terials and semi-manufactured! P __ ithe Mc eal riding of Dorion products to producer of con Canadian armed ' Quebec elections sumer goods, a British Colum-|their organizer for the in- bia cabinet minister said Thurs-}missions and their wives Lit 1 candidate clent 88 KING ST. W. 725-4543 into being Open Fridoys Hil. 9% ised » free Jacques of Jean end Liberal for the June 5 colleagues ir N Dion is an depender i The Oshawa Times TABLE-HASSOCK (Not Sketched) Tripie-duty convertible unit! Use as hassock with cushion efop foblel Use tobie sepo! os co Introducing interesting new styles and motives in or occasional table! Use cushion independently! 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