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IK PROMINENT CANADIANSBECEIVE HONORARY DEGREES Prime Minister Diefenbaker poses with other prominent Canadians presented with hon orary degrees yesterday by Queens University Left Powell chancellor of hic Glll University Montreal Prime Minister Diefenbaker Dr Bcals Dominion As tronomer Mr Justice Abbott chancellor of Bishops University Leanoxville Que James hioclmren Toronto Malayan PM Urges Closer Commonwealth Policy OiiAWA CP call for closer co ordination of foreign policy by the nations of the Com monwealth has been sounded by Malayas Prime Minister mnku Abdul thman He told press confereneo here Thursday that with so many issues causing deep concern in the world Commonwealth mem bers should consult more closely so that We can have measure of agreement amongst ourselves and present strong front on these questions The 50 year old Cambridge educated Malayan leader here on threeday goodwill visit was asked whether his words were call for ca ordination of Com monwealth foreign policies lie replied Yes as far as this can be achieved It was awkward to see mem bers of the community quarrel ling violently over an issue as lndios Prime Minister Nehru and Australias Robert Menzies had done at the United Nations Assembly in New York This was reference to the re cent quarrel over neutralist resolution cosponsored by in dia calling on President Eisenl hower and Soviet Premier Khrushchev to renew contracts Mr Menzies played leading role in the Western manoeuvring which led to the resolution being withdrawn CRITICIZES SOUTH AFRICA Probably the Commonwealths most vehement and untiring critic of South Africas race seg regation policies Tunku Rahman laced into the South African gov Gold Speculation Has Political And Financial Implications By Davin ROWNTREE cannons Press Staff Writer Speculation in gold which has reached feverish levelin Lon don and Toronto has many po lltical and financial implications What is happening is that in vestors are gambling on the pos sibility of the United States creaslng the Med price of $3508l at which the treasury is prepared to sell an ounce of gold but only to foreign governments and central banks to 40 or more American demand was said to be behind much of Thursdays phenomenal advance This gave rise to some suggestions that word of an impending change had leaked out in Washington The US Treasury repeated as it has in all similar speculations that there is no thought of incresing the gold price However it is not unlmown for governments to vigorously deny course of action that is actually taken short time later Politically it would probably be impossible for the US to an pounce higher price for gold in the next few weeks Such move would be equivalent to devaluing the dollar an admission that the US dollars position in interna tional finance is not as strong as it once was ELECTION YEAR With Republican VicePresldent Nixon facing an election Nov it is inconceivable that the gov ernment would risk undermining confidence in the Republican party to such an extent Outside the 175 higher gold price would have important ef fectsin South Africa and Canada For South Africa the move would be great asset for Prime Minister Verwoerd Foreign in vestors have been scared away and embargoes placed on trade in South African goods since nearlylo Negroes were killed in riots at Sharpeville in March The referendum approving republic has also increased the business communitys worries But if South Africa could sell gold at say $40 an ounce nearly 15 per cent above the present price it would be an instant fi nanciai tonic The value of South African gold production for the year ended March 31 was £700 200000 of which £236800000 was Proceeds to LET Fund Monday 00 24 PM $21000 JACKPOT 1001 unit COLLIER ST exported 15 per cent gain would be useful in stemming the fall in the countrys foreign ex change reserves which are down to $390000000 MINING INCREASE For both Canada and South Africa better price for gold would almost certainly lead to an increase in mining Many coml panics now operating on slim profit margin would have an im centive to expand and some claims which are unprofitable at present could be brought into use As result shares in gold min ing companies also have soared If the gold price speculators are wrongmany would badly bumed if they arean the US Treasuryis firm in keeping the price unchanged what will hap pen The treasury could do nothing leaving the speculators to accept their losses while theprice set tled back to thefixed level 01 it could block exports of gold from the US But as this would be rather like saying the dollar is not convertible into other currencies it seems out of the question at election time And should speculation con tinue the treasury might decide to sell gold to individualsnot just governments and banksat $50m This cordd be expected to drive out the speculation because one of the reasons for the sharp ad vances of the last two days is that there is not enough free gold in the market places to meet the demand Action of this sort would help bring supply and demand back into balance THE BEST BABY TOWN SPECIAL KIDDIES SHOW RODEO with BROADWAVS BEllRINGING IllSIM SMASII NOW 10E SOREENI Ithle 595143 Walsh amnion MAYER AleIve It OmsroSeopo MMHKOCOIM fifivibLIMVMMMWW FEATURETIMES FRIDAY 700 and920 SATURDAY 440 ti Plus Host of CARTOONS Starts 1200 NeonVandilgldpm Also em ent once more accusing it of blatantly disregarding the rights of Negroes it is no use being halfvhearted about this question if we do not condemn South Africa then we are condoning what she does But he emphasized that Malaya will not exercise its right of veto to block South Africas continued membership in the Common wealth it and when the latter country becomes republic Dealing with China Tunku ltahman said many rightthink ing nations hold that the United Nations refusal to recognize Fe king is provocation likely to lead to serious conflict Recog nition of the Conununist main land regime must however be conditional on recognition of Na tionnlistheld Fonnosa asan in dependent country Earlier Thursday Prime Minis ier Diefenbaker announced that Canada will make Colombo plan contribution to Malaya this year of $2000000 MayEstablish Drunk Farm TORONTO OP Ontario At torneyGeneral Roberts indicated Thursday night there is the strong possibility of the establish ment of drunk farm for Ontario He told the mens club of Ton ontos St Andrews Unltgd Church farm for housing and employment would provide cus tody for considerable numbers of man outside the jail setting The farm would probably be considerably less expensive than maximum custody institu since elaborate security pre cautions would appear to be neelt cssary he said farm would afford the pos ility of engaging the lamates in productive labor and educating them in useful work habits as well as provide an opportunity for experiments with various forms of treatment He said work now being car ried on pilot project using chronic drunks from Torontos Don Jail on selective basis could be expanded in the sur roundings of farm He said the farm could have available in an advisory capacity the treatment and research staff of the Alcoholism Research Foundation my mu summer WANT an PHONE PA was THEAIIIE SITTING BUY IN John Archer 705 55 chronic drlmkenms offenders in consulting engineer John Ber tram Stirling installed as chancellor of Queens at the some convocation CP Wire photoi Announce seven Roads Contracts TORONTO CP Seven con tract awards totalling nearly 000000 were announced by the gepartment of highways Thurs ay Lorgmt was for 31261170 to the Carter Paving Company of Toronto for paving 14 miles near Cornwall Other major awards Secondary road 512 $351795 Smiths Construction Company Amprior seven miles of granu lar base from Brudencll to Cor illflC Highway 401 $482014 liyJ McFarland Corsiruction Picton seven miles of paving in Oramahe Township to the High way so interchange $125989 Keillor Construction Company St Thomas paving and structure at an underpass in Westminster ran mama exam FRIDAY ocroaaaei 1960 According To lief Laundry Illegal NEONNI CPIOpening coin laundry on Sunday is still carrying in the busioas of ones ordinary calling within the mean ing of the Lords Day Act Mr Justice Schroederoi the Onmrio Court ofAppcal said Thursday He was giving reasons for the Appeal Coiufsdecision Monday that Sarnla laundryman Lewis Gnrdonbroke the Lords Day Act by opening his twoautm matic iaundries Because the laundry rendcfed the public service through mechanical rather than human agency it did not mean it is ex cluded from the provisions of the act said the judge Twocharges against Mr Gor dno were dismissed last Febru ary by Sarnla magistrate The crown appealed the mnglstratejs ruling the decision was reversed and Mr Gordon was convicted and fined 10 on each count last Monday Chief Justice Dona Porter Mr Justice MncKay and Mr Justice Schroeder heard the Aplt peel Court case The words to carryon any business of his ordinary calling are words of very wide import and we entertain nodoubt that the operation carried on by the accused on the Sunday in ones tion contributed violation of the provisions of the Lords Day Conservative Executive Plans Big Nationa1 Meet UITAWA CF Apprui roster 250 Progressive Conserv atives meet here at the first national conference of the federal partys executives in 11 months Their principal object is to set the time and place for L400 delegate national Progres sivc Conservative Association meeting expected to be held in Ottawa next March Underlying purpose of the meeting is in assess the party organization the light of re cent Liberal party and CCFCLC meetings Prime Minister chfenbaker will address closed meeting of the national organizational com mittee composed of three or four representatives from each prov ince who are appointed as key contact men between the party leader Mr Diefenbakcr and the party workers in the field He will speak Saturday to combined session or the organ ization committee and the execu tive officers of the Progressive anservatlve Association of Can key subject of the conference is expected to be stepping up the partys propaganda machine to get the story of Conserva tive accomplishments across to thrliaclcctors through party chan ne MORENEEDS DOING Mr Diefenbaker told an on tariovCoossrvatlveiAsso ciationmeeting in Toronto on Monday that more needs to be done to get the governments has just begun to light This is seen as the groundwork or fed cral general election although the prime minister has given no public hint of his intentions The current Parliaments life runs to March Hm Volume No of new 10 psgc magazine The Conscrva DUBLm CmOntario tickets drawn Thursday on the Irish Sweepstakes for next Wednes days Csrnhridgeshire Stakes at Newmarket England included Name of horse ticket num ber nnm de plume and home town wherc available ArronNorman Horse Cale torville NDLmss Chubb Co burg Bahthim PQUGMS Der rick Smith Sault Ste Marie Ont NLMGlBSl To Be St Catharines NHESMSG Roy Nordmah Fort Frances Loves Gnarth Null58589 Poverty Stricken Oshawa SnowconrtPQQDSMO Streatre Haveloclr Thoma Tradermm Nig Wench Thorold PZNEZSBZ Cathie and Debbie Niagara Falls VTylurllill FRAME Try Hard Chapleau Ont Welsh Guard PZP59937 Act Mr Justice Schroeder said LONDON Ont CF llealth Minister Monleith said Thursday night the federal government giving integslve study to the question of whether more should Township OPENS NEW Princess Margaret as presin dent of Bamardns Homes this week opened the new Mac An drew Wing at the William Baker technical school at Gold ings England The wing has LETS by the be done to assist the aged story across and that the party Study Assisting Older Citizens Speaking to the annualCredit Union Day celebrations here Mr Montelth said various govern ment programs have made substantial contribution to the economic wellsbeing of senior citizens But despite increases in bene fits initiated from time to time the question has been raised as to whether they are all they might be With the resources at our command today should we not do more for those who have devoted their working years to building the nation and who now find themselves in very differ ent economic and social climate than they had planned for Thls is an important consid eration and one to which Do minion government has re ELY been giving intensive study As part of this study we have had survey made of the con tributory system now in force in the United States On the basis of this and other material we are reexaminin the whole framework of Cm dinn social security with view to ensuring that it will be as ef fective as possible in meeting the economic challenge of old age in the years ahead Mr Monteith said that as re sult of chronic and convalescent hospitals being included in the sion throughout the country WING been named after Douglas Mac Andrew who was memv ber of the council of Barnardos Homes for several years prior to his death in 1058 Wirephoto AP Families get Iistenihg fun national hospital insuraneepro gram think we can safely ex pecta very considerable expan of chronic institutions FOB EXPERT READ WOBK Filliiifill Motors your new assure DEALER 15 Bradford It carom PAS5911 Canada Midland MozardNJKaim CocoBozo Ottawa PXRAISSO Keep it Un der Your Hat Kitchener NHMlt 04660 Ruby Sudbury Net NMTSItm Junior Grimsby Pardon Me PZQW Last IMPERIAL TEEFUNNIFST THDIGS tive Canadian with Robert him Cleave POHalifax as editor was published in July The third lssuecame off the press Thinn day emphasizing the strengthm ing of the cabinet in last weeks shuffle Mr Diefcnbakers great UN speechJ and the Liberal flop at Kingston Lucky County Residents Draw Tickets In Irish Sweepstakes Time Waterloo rename Nab lie Kitchen Waterford BomirnPZRAmS Dd Brantfonl my dw Extra TimeNEW Mute Ottawa Catharines Ont FongchNEAW Marianne North Bay Srnmcrcy ark FEW Lorna Kitchener Kings iroopNLKIEMSS Ber nine Ottawaz PXTSSSH Larson Kitchener Ont Bappcl M40623 warm Hoehnergard Kitchener Fagin PPHOSdIsJust Once Oshawa Ont Nahnw ms NMEMlG Big Job Kitchener Vandoulay rmssw sons Sturgeon Falls Ont Monawin P14108022 Edgar Kneeshnw Ont NMMSSSM Hog manly St Thomafont Wild Vine inmost Till Big Swede Fort William Ont NLT45473 Luther Hallen Monti cello Ont morass Minai Haw Haw Camp Borden Ont Marshall Nor P12002069 NltiP53787 Harry Boychuk Osh awn Ont Tchranlta rzoioi99 sail Boy St Clements Ont NOW SHOWING ave snows or 700 Ind 000 HAPPENWHIINAGIRL TELLSADOCIORIDUUTITOUTIANDHE CANT DECIDED HES RAILBit OE STEVE animal ran RANK ORGANIZATION ransom am sex ma rooms psoDucnoN MICHAEL CRAIG VIRGINIA MASKELL JAMES ROBERTSON JUSTICE CAROLE LESLEY mm ENTERTAINMENT LESLIE PHILLIP lN COLOR CONTINUOUS SAT FROM Dan FRIDAY and SATURDAY NIGHTS I00F HALL Coilier St MIL PRth Nell Comb SATURDAY What Sparlingurd Orchestra It Pluto In Player Mu Campbell Spotlight Dance Saturday Refreshment Booth and Checkpoints l0 ACES OR JEANS PERMITTED ADMIG 10 together for with records Recordicoilecting Is Wonderful hobby as owrr many alreadyrknow Music all your hnd music to beenjoyed by every oneflyMusic for every occasion Music gt anytime surprises toniin with new record tonight we everything nursery tunes to operatic nrinc FREE NEEDLE iNSPECTiON How To 08 Series RGA VICTOR SQUARE DANCE ORCHESTRA complete with illustrate dance calls Vols 15 The Humid 24 DUNLOP sT sermons 0F BARRIE LTD been SQUARE DANCE instructions and square in ma holds 3mm Call PA 60240 anytime and 42 Maple Av pAsss77 tion harmony notation ontowith Mr Hill without any obligation MUSIC is pleased to am nounce the appointment of nine mm HILL to then stanfas instructor of Merit em and Contemporary Pi ano Voice improvisation all instruments composi tion arranging chestraw counterpoint form and analaysis ear training and copying as well as trans cription of American Music Degree and Professional Music Directorsizertlficaté for idle Westlake college or Music Californiaf Stop in at the MUEICDENIEE at 42 Maple Ave or talk over your musical is Canadian Academy frA 310249 Preoasu DQB St ANNOUNCEMENT