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Citizen
Established
1916
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DIVISION
OF
NORTHWEST
PUBLICATIONS
LIMITED
A
N
SKAE
Editor
W
L
GRIFFITH
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H
KEITH
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Manager
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days
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week
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George
BC
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Press
the
Canadian
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Publishers
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and
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George
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PRINCE
GEORGE
BRITISH
COLUMBIA
WEDNESDAY
NOVEMBER
6
1968
All
Canadian
governments
have
in
the
past
year
faced
growing
difficulty
In
bor
borrowing
¬
rowing
the
money
they
need
to
balance
their
accounts
This
is
a
relatively
new
ex
experience
¬
perience
for
most
of
them
rates
since
the
war
have
gone
up
and
down
but
buyers
have
always
been
there
to
take
up
new
government
issues
Yet
in
spite
of
paying
record
in
interest
¬
terest
rates
in
19C8
Cana
Canadian
¬
dian
governments
are
reluc
reluctantly
¬
tantly
having
to
face
the
fact
that
their
traditional
Cana
Canadian
¬
dian
sources
of
funds
are
running
dry
How
has
this
rather
fright
frightening
¬
ening
situation
developed
Last
week
we
discussed
one
special
aspect
of
this
prob
problem
¬
lem
the
disad
disadvantages
¬
vantages
of
the
n
federal
gov
government
¬
ernment
in
competing
with
other
borrow
borrowers
¬
ers
Govern
Government
¬
ment
ofCaruda
Fullerton
bonds
establish
the
floor
rate
of
interest
and
other
borrowers
pay
just
enough
more
to
attract
buyers
away
from
Canadas
into
their
bonds
As
a
result
Ottawa
is
limited
largely
to
two
markets
the
banks
whose
purchases
of
Canada
bonds
are
nude
possible
by
Dank
of
Canada
expansion
of
the
money
supply
and
the
public
through
Canada
Savings
Bonds
We
suggested
last
week
that
the
federal
government
could
find
more
money
for
housing
by
consciously
downgrading
the
quality
of
its
instruments
thereby
en
enabling
¬
abling
it
to
compete
more
effectively
with
other
bor
borrowers
¬
rowers
for
available
short
term
funds
However
the
principle
has
a
much
broad
broader
¬
er
application
than
simply
financing
more
houses
Ot
Ottawa
¬
tawa
desperately
needs
new
sources
of
cash
to
escape
its
dangerous
dependency
on
the
banks
and
Canada
Savings
Donds
The
inflationary
implica
implications
¬
tions
of
excessive
expansion
in
the
money
supply
are
well
known
Indeed
many
people
believe
that
the
Dank
of
Can
Canada
¬
ada
has
permitted
a
much
faster
monetary
expansion
than
it
deemed
desirable
40Ti
in
less
than
three
years
simply
because
federal
defi
deficits
¬
cits
had
to
be
financed
and
chartered
bank
buying
was
the
only
feasible
method
As
for
Canada
Savings
Donds
the
massive
sie
of
the
current
advertising
campaign
highlights
the
ex
extent
¬
tent
of
government
depen
dependence
¬
dence
on
this
borrowing
me
medium
¬
dium
Unfortunately
the
publics
holdings
of
CSDs
lias
actually
fallen
over
the
past
three
years
despite
new
issues
sales
in
the
bil
A
Good
Start
The
Union
of
British
Columbia
Municipalities
may
decide
that
its
membership
will
have
to
fight
fire
with
fire
The
executive
body
of
UBCM
has
been
warned
that
the
Canadian
Union
of
Public
Employees
locals
of
which
are
currently
on
strike
at
Kamloops
Vernon
and
Kelowna
are
much
better
equipped
with
paid
negotiators
than
are
the
municipalities
CUPE
it
appears
maintains
a
sub
substantial
¬
stantial
force
of
paid
negotiators
organizers
and
researchers
and
thus
the
employee
locals
are
in
a
strong
position
to
make
headway
with
their
contract
demands
UBCM
is
now
being
urged
that
in
order
to
protect
the
interests
of
the
taxpayers
municipalities
must
be
able
to
bargain
as
effeciently
as
the
unions
According
to
Mayor
Peter
Wing
of
Kamloops
the
union
there
had
im
imported
¬
ported
tough
negotiators
from
across
Canada
to
help
enforce
its
demands
with
some
bargaining
sessions
attended
by
as
many
as
20
union
representatives
UBCM
is
rightfully
concerned
for
the
future
of
municipal
labor
negotia
ations
And
so
should
taxpayers
be
Be
Because
¬
cause
one
thing
is
sure
it
is
the
tax
taxpayer
¬
payer
who
will
be
stuck
with
the
bill
no
matter
who
wins
Sixteen
Years
Plus
If
there
is
anything
deceptive
about
Premier
Bennett
it
is
age
At
68
he
could
easily
pass
for
a
58-year-old
Unkind
critics
would
label
him
a
two-year-old
because
of
his
antics
But
regardless
of
what
they
say
about
him
there
is
one
thing
he
does
well
He
looks
after
himself
He
doesnt
smoke
and
he
doesnt
drink
Nor
is
he
known
to
trip
the
light
fantastic
His
only
vice
it
seems
is
his
addic
BONDS
tion
to
the
game
of
bridge
And
bridge
hardly
rates
as
a
vice
any
more
It
is
hardly
surprising
therefore
when
he
claims
hes
prepared
to
head
the
Socred
party
for
another
16
years
thus
putting
and
end
to
the
speculation
that
he
is
contemplating
retirement
Mr
Bennett
may
be
able
to
survive
another
election
but
unless
he
has
discovered
the
fountain
of
youth
he
shouldnt
expect
or
want
to
stay
in
office
more
than
another
term
And
Borrowing
lions
The
money
Ottaws
lions
The
money
Ottawa
raises
In
this
way
Is
also
very
expensive
when
one
takes
into
account
the
ad
advertising
¬
vertising
costs
and
selling
commissions
in
addition
to
the
current
C
34
rate
The
precise
cost
of
new
money
raised
is
difficult
to
deter
m
ine
in
part
because
of
the
lower
interest
rate
in
the
first
year
and
the
roll
over
content
cashing
in
of
old
CSDs
to
buy
the
new
issue
but
it
is
certainly
7
percent
and
probably
more
This
mind
you
for
call
money
the
owner
of
a
CSD
can
cash
it
in
at
any
time
In
fact
the
federal
government
is
paying
more
for
its
borrow
borrowing
¬
ing
on
a
callable
basis
than
do
the
banks
or
almost
any
corporation
in
Canada
which
borrows
on
a
call
in
the
money
market
Clearly
a
more
imagina
imaginative
¬
tive
approach
to
the
fed
federal
¬
eral
governments
borrow
borrowing
¬
ing
operations
is
badly
need
needed
¬
ed
in
Ottawa
But
even
given
this
one
major
problem
for
all
Canadian
governments
will
still
persist
the
grow
growing
¬
ing
unwillingness
of
invest
investors
¬
ors
to
buy
long
term
bonds
This
hits
the
provinces
par
particularly
¬
ticularly
lurd
because
their
main
borrowing
instrument
over
the
years
has
been
the
long
term
bond
generally
one
which
matures
in
twenty
years
or
longer
Ottawa
has
been
less
affected
because
Letter
Dear
Sir
As
a
parent
I
would
like
to
direct
this
letter
to
the
atten
attention
¬
tion
of
all
those
responsible
for
the
direction
of
the
Minor
Hockey
League
In
Prince
George
The
men
who
are
devoting
their
time
and
effort
to
coaching
the
young
boys
this
year
deserve
a
real
vote
of
thanks
Any
parents
who
have
witnessed
the
training
pro
program
¬
gram
this
year
will
bo
aware
of
the
benefits
that
can
be
de
derived
¬
rived
and
fortunately
there
are
people
still
enough
con
concerned
¬
cerned
to
attempt
to
upgrade
the
calibre
of
hockey
by
giv
giving
¬
ing
their
time
to
help
boys
learn
the
right
techniques
R
D
Rctwe
Letters
to
the
editor
must
be
brief
and
to
the
point
The
Citizen
may
edit
let
letters
¬
ters
for
brevity
legality
and
good
taste
A
pen
name
may
be
used
but
all
letters
must
be
signed
for
reasons
we
have
men
mentioned
¬
tioned
it
has
been
effectiv
effectively
¬
ely
shut
out
of
the
long
term
market
Federal
ef
efforts
¬
forts
from
time
to
tlma
to
market
long
term
issues
have
met
with
little
success
and
have
in
addition
affected
the
market
adversely
In
the
event
there
are
now
out
outstanding
¬
standing
only
about
2700
million
Canada
bonds
with
a
maturity
of
over
10
years
The
author
of
The
Bond
Market
in
Canada
Douglas
Fullerton
finds
there
are
serious
flaws
in
Canadas
borrowing
operations
in
this
first
of
a
series
on
the
bond
market
compared
to
5500
million
at
the
end
of
10G1
Dut
the
provinces
re
remained
¬
mained
wedded
to
long
term
issues
as
their
principal
source
of
financing
and
they
must
view
the
growing
mal
malaise
¬
aise
in
that
market
with
apprehension
Yet
it
is
diffi
difficult
¬
cult
to
see
much
hope
for
any
change
In
investor
atti
attitudes
¬
tudes
or
in
the
trend
away
from
long
term
bonds
Bond
holders
have
been
badly
burned
over
the
past
decade
by
the
fall
in
the
value
of
money
and
the
recent
accel
acceleration
¬
eration
in
the
rate
of
price
Increases
appears
likely
to
hurt
them
even
more
in
the
future
Is
it
any
wonder
that
they
arefinallygettlngwise
Next
week
How
govern
governments
¬
ments
will
have
to
change
their
approach
to
the
market
Some
new
incentives
will
be
needed
Canadian
PARK
TILFORD
distilleries
ltd
-J
YSvtrr
pT7
t4tHB
TL5QRAM
Simple
Theyre
trying
to
say
THEY
cant
make
ends
meet
either
THE
CZECHS
OTTAWA
TNS
Though
the
legitimate
heir
of
an
an
ancient
¬
cient
kingdom
the
terri
territorial
¬
torial
and
political
entity
created
by
the
Czechs
and
Slovaks
in
1918
had
to
start
organizing
itself
from
scra
scratch
¬
tch
There
was
no
native
dy
dynasty
¬
nasty
to
bind
the
reconstruc
reconstructed
¬
ted
state
together
no
nation
national
¬
al
aristocracy
feudal
or
ec
economic
¬
onomic
no
militarist
tradi
tradition
¬
tion
and
no
entrenched
ad
administrative
¬
ministrative
machinery
Nor
was
there
a
uniform
econ
economic
¬
omic
and
social
base
for
smooth
and
homogeneous
development
After
almost
a
thousand
years
under
Magyar
dom
domination
¬
ination
Slovakia
was
in
every
respect
far
behind
the
industrialized
Czech
lands
of
Bohemia
Moravia
and
Sil
Silesia
¬
esia
and
the
whole
country
was
saddled
with
the
problem
of
strong
German
and
Hun
Hungarian
¬
garian
minorities
which
had
suddenly
lost
the
privileged
position
they
enjoyed
as
the
dominating
races
oftheAus-tro-Hungarian
empire
All
these
factors
forced
Czechoslovakia
to
take
an
experimental
pragmatic
ap
approach
¬
proach
to
its
organization
and
despite
the
centuries
of
enforced
Catholicism
crea
created
¬
ted
a
feeling
of
spiritual
affinity
with
the
Protestant
ethics
of
the
Anglo
Saxon
democracies
This
trend
reinforced
by
the
nationalistic
revival
of
the
historical
undertones
of
Hussitism
and
humanism
moulded
the
political
cli
climate
¬
mate
of
the
republic
It
was
on
the
whole
a
high
highly
¬
ly
moralistic
climate
de
devoid
¬
void
of
revolutionary
zeal
and
marked
by
abhorrence
of
violence
National
lib
liberation
¬
eration
came
without
blood
bloodshed
¬
shed
and
satisfaction
of
the
economic
aspirations
of
the
predomlnatly
proletarian
and
petty
bourgeouls
popula
population
¬
tion
required
no
social
up
upheavals
¬
heavals
The
first
general
election
in
1920
was
convincingly
won
by
the
Social
Democratic
Party
which
in
todays
terms
advocated
a
wel
welfare
¬
fare
state
This
with
some
variation
in
economic
pri
priorities
¬
orities
was
also
the
pro
program
¬
gram
of
all
the
other
major
parties
including
the
sub
subsequently
¬
sequently
predominant
Ag
rian
Party
The
whole
political
spec
spectrum
¬
trum
with
the
exception
of
the
Communist
Party
which
never
polled
more
than
10
percent
of
the
popular
vote
Ihii
idicriitimcnt
ti
not
published
or
dupisjtd
by
thi
liquor
Control
Board
or
by
tho
Covornmont
of
Britnh
Columbia
Hi
W4
PARKTIIFORD
11840
RESERVE
frtmki
7f4up
1840
RESERVE
cnnnoinn
whisky
BORN
IN
BC
HONOURED
ACROSS
CANADA
An
Assessment
during
the
pre
Munlch
per
period
¬
iod
thus
fornrjd
a
fairly
compact
left-of-centre
clus
cluster
¬
ter
subscribing
essentially
to
the
same
social
reform
philosophy
of
evolutionary
democratic
gradualism
that
dominates
Canadas
present
political
pattern
What
was
lacking
how
however
¬
ever
was
the
strong
element
of
middle
class
Individual
Individualism
¬
ism
which
based
on
the
strength
of
private
enter
enterprise
¬
prise
in
business
farming
and
the
professions
pro
provides
¬
vides
the
backbone
of
econ
economic
¬
omic
and
political
stability
of
the
Anglo
Saxon
dem
democracies
¬
ocracies
After
centuries
of
foreign
domination
and
exploitation
the
Czechs
and
especially
Too
much
reliance
on
their
countrys
presi
president
¬
dent
made
the
Czechs
vulnerable
to
outside
pressures
the
more
oppressed
Slovaks
s
imply
did
not
have
a
robust
independent
middle
class
In
1918
the
Slovaks
even
lacked
thier
own
Intelligent
Intelligentsia
¬
sia
for
implementing
the
aut
autonomous
¬
onomous
aspirations
of
the
eastern
province
which
is
only
now
acquiring
an
equal
status
In
what
seems
to
be
a
new
federal
Czech
Slovak
partnership
Those
unavoidable
short
shortcomings
¬
comings
which
in
the
esti
estimation
¬
mation
of
Thomas
G
Mas
aryk
the
great
philosopher
of
humanitarian
democracy
who
become
the
republics
first
president
would
have
required
at
least
50
years
of
peaceful
evolution
to
ov
overcome
¬
ercome
proved
to
be
one
of
the
major
weaknesses
of
Czechoslovakia
during
the
international
storm
of
the
late
1930s
The
other
big
handicaps
were
the
non
Slavic
minor
minorities
¬
ities
particularly
the
3
000000
Sudeten
Germans
who
though
treated
with
un
unparalleled
¬
paralleled
political
and
cul
cultural
¬
tural
fairness
largely
suc
succumbed
¬
cumbed
to
the
lures
and
pressures
of
Hitlers
chauv
chauvinism
¬
inism
and
the
republics
unbounded
faith
in
the
effi
efficacy
¬
cacy
of
its
France
based
system
of
defence
built
by
the
foreign
minister
and
Masaryks
eventual
succes
successor
¬
sor
Dr
Eduard
Benes
In
the
absence
of
a
strong
individualistic
middle
class
C
zechoslovaklas
democrat
democratic
¬
ic
institutions
grew
in
an
atmosphere
of
excessive
deference
to
authority
which
i
-
i
k
-
wm
lubor
Zink
by
general
con
consensus
¬
sensus
though
not
by
consti
constitution
¬
tution
was
vested
in
the
president
hJjL
This
reliance
krTr
on
the
guidance
iferj
1
of
one
man
wuiKeu
extre
extremely
¬
mely
well
dur
during
¬
ing
Masaryks
tenure
of
office
which
coin
coincided
¬
cided
with
relatively
calm
international
conditions
Benes
inherited
the
role
of
venerated
moral
leader
leadership
¬
ship
but
when
mounting
out
outside
¬
side
pressures
proved
too
much
for
one
nun
to
shoul
shoulder
¬
der
Czechoslovakia
was
crushed
with
him
during
the
Munich
crisis
The
same
reliance
on
the
ability
of
the
president
to
cope
singlehandedly
with
any
political
situation
cropped
up
again
and
proved
fatal
a
decade
later
duringtheCom
munlst
coup
in
1948
While
it
is
highly
Impro
Improbably
¬
bably
that
the
two
disasters
could
have
been
averted
had
there
been
less
reliance
on
the
presidents
decision
decisionmaking
¬
making
process
at
critical
moments
It
is
my
consid
considered
¬
ered
opinion
that
it
was
the
absence
of
tough
individu
individualistic
¬
alistic
fibre
in
the
politi
political
¬
cal
body
of
the
nation
which
accounted
for
much
of
the
countrys
meek
and
morally
debilitating
acceptance
of
the
totalitarian
blows
of
1938
and
1948
Under
the
brutal
Commu
Communist
¬
nist
dictatorship
of
the
past
20
years
the
presidency
lost
its
prestige
and
moral
weight
and
the
new
generation
which
grew
up
during
that
period
had
nothing
but
contempt
for
what
It
perceived
to
be
an
Inhuman
and
utterly
corrupt
authority
These
two
factors
I
be
believe
¬
lieve
account
for
much
of
what
has
been
happening
in
Czechoslovakis
this
year
both
before
and
after
the
Soviet
occupation
Morris
Gehrman
Sons
Ltd
Without
Hairpiece
With
Hairpiece
HAItt
CAN
MAKE
OR
BREAK
A
MAN
Ycu
can
have
the
most
perfect
features
possible
but
if
your
head
is
barren
forget
it
The
best
time
to
buy
a
hairpiece
is
in
the
early
stages
of
baldness
the
change
will
not
be
Sj
radical
and
you
can
enjoy
all
the
benefits
it
a
full
head
of
run
Better
quality
hairpieces
undetectable
fully
guaranteed
For
a
private
confidential
contultation
telephone
collect
for
an
appointment
Vancouver
681
0815
Evenut
3rd
weekend
appointmerts
can
be
aranged
EXCLUSIVE
HAIRSTYUNG
FOR
MEN
BY
MORRIS
JOHN
MCRRIS
GEHRMAN
a
SONS
LTD
Hairgoods
Consultants
102
me
anine
floor
510
W
Hastingi
Vancouver
2
B
C
Heate
tend
me
your
free
brochure
in
a
plain
envelope
Name
Address
Invite
Them
In
The
universality
of
student
unrest
is
one
of
tho
pheno
phenomena
¬
mena
of
these
times
In
coun
country
¬
try
after
country
in
some
with
violence
and
tragedy
the
young
are
expressing
discontent
with
their
schools
and
their
societies
A
large
part
of
the
problem
in
Can
Canada
¬
ada
and
elsewhere
simply
seems
to
be
that
the
student
generation
has
lacked
aven
avenues
¬
ues
of
communication
with
its
elders
If
that
is
the
case
there
could
be
great
significance
in
a
step
taken
by
the
Board
of
Governors
of
Torontos
nyerson
Polytechnical
Insti
Institute
¬
tute
The
step
which
could
be
an
example
to
other
Insti
Institutions
¬
tutions
of
higher
learning
has
been
to
ask
the
students
to
sit
In
with
their
elders
in
setting
policy
Two
senior
students
and
two
faculty
members
have
been
ap
appointed
¬
pointed
to
the
Ryerson
Board
of
Governors
It
was
In
response
to
ob
obvious
¬
vious
social
needs
that
Ryer
Ryerson
¬
son
Polytechnical
Institute
was
founded
nearly
twenty
years
ago
board
chairman
W
M
Kelly
explained
In
making
the
announcement
and
its
status
as
the
first
school
of
its
kind
In
Canada
has
not
been
overtaken
It
Is
therefore
wholly
fitting
that
it
should
continue
to
give
leadership
In
meeting
new
conditions
as
they
appear
The
speed
and
nature
of
change
in
our
society
have
required
many
adjustments
in
the
life
of
both
persons
and
institutions
In
fact
the
continued
existence
of
well
established
elements
of
our
social
order
is
at
stake
in
the
acceptance
of
new
ap
approaches
¬
proaches
required
by
condi
conditions
¬
tions
and
aspirations
not
Im
Imagined
¬
agined
just
a
few
years
ago
It
Is
in
keeping
with
the
logic
of
these
developments
that
the
Board
came
to
Its
decision
on
student
partici
participation
¬
pation
on
the
Board
These
students
to
be
selected
by
a
general
vote
of
the
student
body
of
the
Institute
will
take
their
places
as
indi
individual
¬
vidual
memlwrs
with
the
same
status
and
responsi
responsibility
¬
bility
as
the
other
members
of
the
Board
Tho
final
point
made
by
Mr
Kelly
needs
to
be
pon
pondered
¬
dered
by
both
students
and
their
elders
The
Board
recognizes
that
the
students
are
on
the
verge
of
indepen
independent
¬
dent
adulthood
and
within
a
year
or
two
will
take
their
places
in
society
as
self
supporting
citizens
with
all
the
responsibilities
that
sta-
By
C
J
Harris
tus
implies
The
Board
as
assumes
¬
sumes
that
a
positive
contri
contribution
¬
bution
to
the
affairs
of
the
Institute
may
be
made
by
these
new
members
and
that
policies
and
decisions
of
the
Board
will
bo
established
more
effectively
through
the
expression
of
the
special
point
of
view
which
is
being
sought
by
this
action
Response
of
the
Ryerson
students
was
as
adult
as
Mr
Kelly
anticipated
One
stu
student
¬
dent
leader
who
later
modi
modified
¬
fied
his
poisltion
criticised
the
appointment
of
only
two
students
tothe
12
man
Board
and
called
for
equal
student
representation
The
college
newspaper
which
tartly
commented
that
student
power
Is
not
as
Important
to
students
as
It
Is
to
some
of
their
leaders
silenced
the
few
critics
with
this
logic
Since
Ryerson
students
are
not
ready
to
run
a
giant
cor
corporation
¬
poration
as
soon
as
they
graduate
how
can
they
hope
to
run
a
multimUllon
dollar
operation
like
Ryerson
even
before
they
graduate
It
may
not
apply
elsewhere
but
for
Canada
a
reasonable
approach
by
school
author
authorities
¬
ities
to
senior
students
cri
criticisms
¬
ticisms
would
seem
to
be
to
ask
them
in
Perceptive
Man
Although
he
has
been
Pre
Premier
¬
mier
only
a
matter
of
weeks
Quebecs
Jean
Jacques
Ber
trand
can
hardly
be
describ
described
¬
ed
as
an
amateur
In
politics
He
has
been
around
long
en
enough
¬
ough
to
have
acquired
a
fairly
reasonable
awareness
of
what
the
public
wants
It
is
of
great
significance
then
that
he
has
decided
to
endorse
a
committee
report
urging
abolition
of
religious
divisions
in
the
Montreal
Is
Island
¬
land
school
system
as
part
of
the
campaign
strategy
for
two
crucial
by
-
elections
December
4
In
Bagot
and
Notre
Dame
de
Grace
The
by
elections
will
determine
whether
Mr
Bertrands
Un-
The
Globe
and
Mail
Toronto
ion
Nationale
Government
will
have
a
majority
or
min
minority
¬
ority
status
in
the
Quebec
Legislature
The
Government
-
ap
appointed
¬
pointed
committee
also
rec
recommended
¬
ommended
a
complete
over
overhaul
¬
haul
of
the
school
system
two
non
-
denominational
boards
and
guarantee
of
rights
of
English
language
schools
All
this
will
no
doubt
please
English
-
speaking
Quebec
residents
who
con
constitute
¬
stitute
CO
per
cent
of
the
electorate
in
Notre
Damede
Grace
Mr
Bertrand
however
does
not
seem
to
be
so
myo
myopic
¬
pic
as
tooffendtherestofthe
province
by
placating
the
voters
of
Notre
Dame
de
Grace
His
timing
suggests
that
Indeed
much
of
French
speaking
Quebec
Is
prepared
to
do
away
with
the
old
re
religious
¬
ligious
divisions
in
the
schools
The
thrust
with
which
Quebec
has
moved
and
continues
to
move
must
be
as
astonishing
to
many
Quebeckers
as
It
is
to
Canadians
MORTGAGE
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If
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And
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In
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It
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