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LBThe Bo miner Friday Oct I976 MILLIONAIRE FINANCIER SENTEN CED Millionaire financier Ber nard Cornfeld shown with his wife outside federal court Thursday was sentenced to three months in jail and fined $3000 on conviction of defrauding the telephone company He was convicted in August of using devices called blue boxes to avoid call charges AP Photo Pound drop means ans terily for UK boon for tourists LONDON AP The plunge in the value of British currency heralds period of austerity for most Britons but is boon for bargainhunting tourists with money to spend on tweeds sil ver and cashmere sweaters The steady decrease in the value of the pound sterling against the dollar and major West European currencies has made Britain one of the cheap est vacation spots in Europe For the North American tourist it means British goodssuch as cars shoes and clothingare cheaper and will continue to be so until prices go up as everyone expects them to The pounds slide promises to make Virtually everything more expensive for the British consumerfrom home loans to toilet paper The poundhworth $5 in 1931 $4 in 1945 $280 in 1949 and $240 in March 1975fell below $165 this week But then it was buoyed liitle by the announce ment Wednesday that Britain is seeking $39billion loan from the International Monetary Fund Politicians businessmen and average Britons meanwhile were trying to assess the cost of continuing decline of the cur rency once the symbol of Brit ains worldwide dominance PRICES RISING But for an Canadian or Amer ican it meant that the £100 pounds he bought for around $200 earlier this year now cost him only about $160 North Americans living in Britain and paid in dollars found the slide of the pound has meant an im mediate rise in their living standards But as with previous falls in the pound these gains can soon be cancelled out by risingprices The Confederation of British Industry ltBli estimated that every time the pound drops one per cent it brings rise of one quarter per cent in the retail price index An inflation rate of 13 per cent is one cause of the pounds decline NIAGARA FALLS Ont CP Prime Minister Trudeau says he is willing to dump wage and price controls immediate if big business and powerful un ions agree to tone down their demands for higher profits and wages If we can get an un dertaking that they will not ask for more than their fair share of the national pie well take con trols off tomorrow Mr Trudeau told about 500 Liberal party supporters at reception here Thursday We will stop controls because we will have succeeded in what we wanted to achieve He said the economically powerful forces of big business and organized labor would first have to agree not to ask for profit or pay increases ex ceeding the overall growth of the economy The real growth of the econ omy after inflation is dis counted is expected to run be tween three and five per cent this yearsubstantially less than the eightto 10percent wage settlement increases being allowed by the antiin flation board AIB under re straint guidelines Mr Trudeau continued his counterattack against antiin flation critics charging that neither the Canadian Labor Congress CLC nor the Cana dian Chamber of Commerce COUNTERATTACK ON AN TIINE LATIQN CRITICS the voices of labor and busi ness have offered alternatives though high officials of both or ganizations are condemning the program SAYS HES DOING RIGHT Earlier at St Catharines he told another friendly Liberal audience he was not worried about being unpopular over the restraints because he knows he is doing right dont think these times call CrossCanada survey shows controls opposition mounting By JOHN FERGUSON The Canadia Press Opposition to the federal gov ernments wage and price con trols appears to be building across the country as the Cana dian Labor Congress CLC continues plans for an Oct 14 protest against the program preliminary crossCanada survey by The Canadian Press indicates that unions with memberships totalling more than one million have com mitted themselves to par ticipate Others have yet to decide or are in the process of polling their membershig The CLC represents out 22 million workers Its looking very encour aging said John Simonds ex ecutivesecretary of the CLC and central organizer He declined to predict how many would participate but said it would not be restricted to union members Students unorganized work ers housewives and old age pensioners are being encourr aged to join in Mr Simonds said he expects about 2000 sen ior citizens to participate in Windsor Ont alone Those who stay off thejob are being asked to take part in mar ches and demonstrations to make their opposition highly visible WAGES ONLY FFEtTEI The LC has called for the protest because it believes the antiinflation program has con trolled wagcs but not prices and profits When the program was introduced the congress said it would support controls only if they included such things as land speculation increased housing subsidies and redistri bution of income for those on low and fixed incomes But even the anadian ham ber of Commerce isnt happy The chamber came out against the antiinflation program at its annual convention in Montreal this week arguing that corpo rate profits have slipped In Ottawa Prime Minister Trudeau indicated Thursday he may be considering more changes in the program which has constantly been reviewed and amended since its in troduction Oct 141975 The prime minister who ran into stiff labor opposition during tour of the Maritimes last week said his government would reassess the program by next spring and discuss how to improve it with the provinces He was responding to state ment by Manitoba Premier Ed Schreyer that his province would likely drop out of the pro gram by next March Some employers such as the province of Ontario have threatened heavy penalties for workers who do not show up for work Oct 14 It has been hinted by the province which has 65 000 employees that up to five days pay may be docked MAY FILE ERIIIVANCE Technically union members who walk out while not in le gal strike position are in violar tion of collective agreements and their employers can file grievance or seek redress through the courts But many employers appear to have ac cepted that their workers will walk out In Sydney management of the Sydney Steel Corp Sysco is being kept fully informed of workers intentions to walk out so no damage will be done to the mills furnaces Well be back in full force on the 15th saidJim Ryan presi dent of the 18lXHl1e111lxr Local 1004 of the United Steelworkers of America This is an action against the federal govern ment not Sysco Steelworkers in other parts of the country such as Sault Ste Marie and Hamilton were doing the same as were workers in other industries with similar production difficulties such as paper mills Charles Darrow president of the Ontario Public Service Em ployee Union said the union is in the midst of holding about 80 meetings with its members to see where they stand He said about 60 per cent have voted so farin favorofwalkin out Most Ontario teac ers ably will stay on the job TO DECIDE TODAY Officials of the union repre senting provincial employees in Quebec were to decide today whether to recommend that their 38000 members support the protest The rovince has not indicated it wi take action against employees who partici pate Support for the rotest is strong in Quebec wi the ma jor labor federations all in fa VOT The Confederation of National Trade Unions which has the majority of its 165000 members in hospitals and social services also is urging support of the protest Quebec Ieachers Feder ation whose 80000 members teach in elementary and high schools as well as junior col prob leges also says it will take part The most notable holdout across the country is the 177 000 member Public Service Al liance of Canada which repre sents federal employees The alliances board of directors voted 1110 against par ticipating Many postal workers and let ter carriers across the country likely will stay off thejob In the West support for the day of protest appears strong THIS WEEKEND FRESHLY MINCED In British Columbia almost all major unions have endorsed the protest Marches and dem onstrations are being planned and no employers in the prov ince have mentioned possible retaliatory measures against workers who stay off thejob The 110000member Alberta Federation of Labor is pre dicting strong support for the protest as does the 51000mem ber Saskatchewan Federation of Labor The 13000 Saskatchewan gov ernment employees are ex pected to stay out as well as the 13000 members of the Canadian Union of Public Em ployees CUPE Organizers also are expecting good support from students and pensioners In Winnipeg scene of the countrys only other general strike in 1919 about 6000 city employees will participate ex cept for those in essential serv ices ganizers expect about half the workers in the province would be off the job But those who would be most effectiveoper atators of the two ferry systems between the mainland and the island have yet to say what they will do CN employees ap parently will stay at work About 8000 fish plant workers and 3500 UPE members are expected to stay off the job in Newfoundland Hospital work ers scheduled for duty are being asked to stay on job by the union In orner Brook newsprint mill employees will stay on the job but those who are off duty will take part in protest mar ch In New Brunswick the prov inces only oil refinery in Saint John as well as the citys two pulp and paper mills sugar refinery shipyard and dry dock all will be closed COMPARE In Prince Edward Island or Wllllllg to dump controls if demands out PM for any particular prescription for us as Liberals or for me prime minister he said The stops Thursday Were the beginnings of threeday southern Ontario tour in which there is heavy emphasis on Liberal political activities Mr Trudeau has said he ex pects the restraint program to run its full threeyear course until 1978 and that controls would only be lifted earlier if the inflation rate was reduced to target of four per cent At Niagara Falls he cheered by the partisan crowd when he assailed business and labor op ponents of the restraints We cant please everybody so we will have to be unpopular if we feel we are doing the right thing for the country he said The controls were imposed to stop runaway price and pay de mands and to curb inflationary expectations he said They were intended to protect pensio ners unorganized workers and others without big companies or powerful unions to help them WOULD ABANDON THEM The government does not like the controls and would quickly abandon them if it could obtain the voluntary consent of pow erful economic groups to show moderation he said Mr Trudeau was greeted5y friendly crowds everywhere he went Thursday unlike his Maritime tour last week when he encountered complaints from farmers and businessmen and demonstrations by organized workers At St Catharines about 250 local Liberals filled down town reception hall where Mr Trudeau said recent drastic losses in Liberal popularity were regrettable but not tragic Mr Trudeau moved through heavy police security to the St Catharines city hall where he gave Mayor Joseph Reid deed for 36 acres of parkland which was donated to the city by the federal government At Niagara Falls the prime minister spent 15 minutes wan dering almost unnoticed among the tourists and gazing at the Horseshoe Falls He announced electionstyle favors to the Niagara Falls sup porters at the evening recep tiona federal approval of study for railway relocation in the city and $1million pro gram to purchase surplus Niag ara grapes Later Mr Trudeau travelled by car to Toronto where he is scheduled today to hold ques tionandanswer session With group of high school students attend the official opening of the 1800foot CN Tower and make an appearance at arty sponsored by federal 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