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lt Ellie Barrie Examiner Published by Canadian Newspapers Company Limited 16 Bayfleld Street Barrie Ontario Robb PublisherGeneral Manager Walls Editor Emeritus DIM Henshaw Managing Editor 4The Barrie Examiner Wednesday October 20 1976 compromise on trade should be goal for world The rer nations continue to deman fairer share of world trade yet their hopes will not be realized for many years The Third World Countries had hoped to establish common fund to stabilize wild price fluctuations in ten key commodities They pressed the issue at the United Nations Conference on Trade and Development UNCTAD held in Nairobi But the rich countries led by the United States had grave doubts Washington in particular did not commit itself in any way to com mon fund for financing buffer stocks of raw materials Most of the free enterprise nations felt it would be difficult for them to support any trading system that requires prior commitment to the kind of commodity agreements that are based on system of govern mentadministered prices In other words the capitalist traders of the world were lined up against those nations controlled by Communist regimes and military dictatorships It would be of great benefit to the worlds nations if such trade issues as commodity stabilization could be removed from the realm of ideology and examined on their practical merits Statesmen have stressed that the aim must be to preserve an open en the poorest among vironment for world trade in most products but at the same time to build certain safeguards for poor nations These countries simply cannot en dure the erratic swings in the world market for their few exports without seriously endangering their economies and sometimes even the health and the lives of their population Clearly the rich and the poor must work toward compromise in regard to trade issues The Western system of basing most international trade on market demand often hurts nations This system must be modified gradually But in trying to acheive their demands for radical restructuring of the global economic order the poor nations should move away from their present strategy of con frontation The more conservative among the Western trade exports say why should the taxpayers of rich nations put up $3 billion fund to stockpile commodities in order to help governments and countries that expropriate private in vestments and in some cases even support terrorists Yet un derstanding must prevail And trade fair trade is one way to bridge the horrendous gap that still separates the rich from the poor nations DOWN MEMORY LANE From files of the Northern Ad vance Barries Grand Opera House was formerly opened on Collier St before large and brilliant assembly of town and district Citizens Mayor Bothwell made opening address William Owen Company gave fine presenta tion of Romeo and Juliet Music was provided by Princess Theatre Orchestra from Toronto At close of stage production com any director from New York comp imented peo ple of Town of Barrie on having the finest opera house of its size in North America and paid high tir bute to local architect Eustace Bird Simcoe County official Sanford received praise for being instrumental in giving Barrie so delightful place to enjoy the dramatic and musical riches of the worldBarrie Rugby Club elected lawyer Alexander Cowan president and Bert Harper secretary This fine young man Harper son of clergyman later went to Ottawa YOUR BUSINESS Commodity futures risks rewards By VINCENT EGAN qutckly and irequcntiy Some and became close friend of Willaim Lyon Mackenzie King Harper was drowned in Ottawa River several years later while skating trying to rescue lady friends There is monu ment in his memory close to Parlimane BldgsShanty Bay Sons of Temperance busy organizing lodges through Oro Town shipchanges planned for Trinity Anglican Church include serpentine walk of easy grade from Collier St to main door instead of long flight of steps used for some time On level of church there will be curcular bed of shrubs and flowers surrounded by pathwayPay to men in lumber camps of Simcoe and Muskoka in season 1896 set at per month teamsters $17 choppers and sawyers $15 chore boys $10Anti Cigarette League organized at West Ward School Prince of Wales Newbell of 639 pounds arrived at St Georges Anglican Church in village of Allandale across the bay helps those industries gain Business and Consumer Affairs Analyst Thomson News Service Tempted to take speculative fling in the com modities future market If you are but lack ex perience be warned Trading in commodities can wipe you out as easily as it can make you rich For the person with an obses sion to speculate or the person with small amount of money that he can afford to risk in the hope of making fortune fairly quickly the commodity market is the last frontier Prices swing up and down Ehr Barrie Emminri 16 Bayfield Street Barrie Ontario Telephone 72643537 Registration Number 0484 Second Class Mail Return tage guaranteed Dai Sundavs and Statutory Holidays excepted Subscription rates daily by carrier 85 cents weekly $4420 yeagly Single copies 15 cents By ail Barrie $4420 yearly Simcoe County $3400 yearly Balance of Canada $3600 year iy National Advertising Offices 66 Queen St West Toronto $44710 640 Cathcart St Mon treat Member of the Canadian Press and Audit Bureau of Cir culations The Canadian Press is ex clusively entitled to the use for republication of all news dispatches in this paper credited to it or The Associated Press or Reuter and also the local news published therein The Barrie Examiner claims Cityright in all original adver ti ng and editorial material created by its employees and uocd In this newspaper ogcyrright Regis ration Num m15reglster61 WM speculators make vast profits while others find themselves wiped out The commodity market is the one market in which the specu lator is constructive factor in fact indis ensablevand where short sel ing is entirely respectable commodity futures con tract is not security to be put away for few years Instead its commitment either to deliver or to receive certain volume of some commodity at stated month in the future Before that time arrives the speculator must reverse his commitment so that he doesnt end up with carload of potatoes on his doorstep PRICEIIEDGING Commodity exchanges exist as an adjunct of industries that are based on raw materials It some securitv in the cost of ma terials so that production plans can be made on firm basis The industry hedges by selling futuresagreements to buy and receive or to sell and deliver commodity at fu ture date Its then protected from changes in the value of its rawmaterial inventory This rotection wouldnt be availab to manufacturers un less someone were willing to speculate on future commodity price increases or declines The risk goes to the speculzr torand so do the profits if he is right about price trends Speculators in commodity fu tures put up only fifth or 10th of the value of the com modity contract That means that profits or losses can be very high QUEENS PARK Labor protest and democracy By DON OHEARN Queens Park Bureau Thomson News Service TORONTO Democracy some dreadfully absurd and dangerous things are being done in your name For years now those of us perhaps those few of us who ave respect for and some deeper knowledge of our politi cal system and its origins owt whys and wherefors ve been gravely and increas ingly concerned with the loose use and abuse of the word de mocracy Twenty years or so ago this concern was expressed In col umns from time to time And the situation then was such that the distinguished historian Prof Lower at the time president of the Royal Society wrote expressing his full agreement and wondering if the society might be able to do anything about it SHRILI RESPONSE Bad as the situation was then it is incredibly much worse to day And the height of abuse cer tainly was reached in the recent labor protest and particularly with the reaction to the Ontario Labor Relations Board declaring that as mass walkout the protest was an illegal strike The shrill response centred on one harsh reply Indlgnant and unhap ily mostly untutored labor spo es men profounded that this was an infringement of AND so SUHTHEi5aEs IDENTS DEEP CONCERN FOYO vetouio CUM HEALTH HAS PROMPTED HIM INTO DIRECTIN ME TO PERSONALLY ADMINISTER YO LIL OL FLU SHOT Is bright spot somewhere for Trudeau is there not By SIIIWlltl Iicll£l Ottawa Iiuriau Thomson News Sen lt should have waited ont more day before writing about Prime Minister lrudcsius de rcssiiig week which fol owed the rcopcning of Parliament There was still more bad news to COInt liut in the circumstances thought it was safe to go ahead and itemize all those things that went wrong Who Would think there would be in orc After all Mr Trudinu had just lost Jamcs Richardson froth the cabinet and when your defence minister walks out oii you one day after new session of Parliament begins you dont expect other disasters And it should be rcmcmbcrml that this event occurrcdjust few weeks after another minister Bryce Mackascy decided to pack in his cabinet carccr Iiut there was more to conic Mr Trudeau still had to tIlltl that Commons debate and per haps for the first time he was clearly outclassed by on servativc Leader Joe Clark The prime minister is normally far better debatcr than Mr Clark but on this occasion per haps because 01 Mr Richard sons resignation he was far from his prime form And his own buckbenchch didnt even extend the courtesy of tin ovation when Mr Irudcau rose for the first time Ill this new session of Parliament IINMANSOLGIII Then there was that an nouncement from Claude Wag ner the Tory external affairs critic that he would remain ing in federal politics as loyal disciplc of Mr Clark The Liberals had been on gcrly waiting for Mr Wagner to announce that he couldnt get along with his party leader and would be leaving Ottawa No such luck Mr Wagner said he was going to remain across the Commons corridor from Mr Trudeau and would continue slinging arrows in his lircction In the light of all these events it appeared that littlc clse could go wrong with Mr lrudcaus first week back here with new Parliament But it just shows you how easy it is to under estimate disasters The day after that dreary de bate by the prime minister he THEMRW Britain surrenders authority to International Monetary Fund By JOHN IIARBRON Foreign Affairs Analyst Thomson News Service lbclievc it was Napoleon who derisively referred to Britain as democratic rights CONCEPTCONFUSEI Balderdash There is nothing under any concept of democracy which gives anyone the right to steal And by closing down plants labor was stealing It was steal ing the production of the plant for that day in many cases along with extra costs in start ing up again and the return from that day to the coplc who own it which in at east some cases would be working people themselves among the share holders Democracy again under any concept has no place as weapon Rather its most essential function is protection The most common under nation of shopkeepers an effort at opprobium which was perfected by the late Kaiser Wilhelm II of Imperial Ger many who referred to the Brit standing of democracy is the simplistic one of majority rule of rule by the people But this really is more of mechanic than quality It is the procedure under which democracy operates But the deepest quality of de mocracy probably is protection of minorities more basic qualit would be freedom of the in ividual but the great demarcation line between it and other systems comes with minority protec tion Labor would argue that under freedom of the individual any worker could hold back his ser vices And this argument would be correct if it applied in the case at point But it doesnt drove up to Parliament Hill where several sources say gunman was waiting to take shot at him Nothing happened except chase but police took scrious view of reports that an unidentified man pulled gun from under his poncho when Mr Trudeaus bullet proof car approached No shots were fired The prime minister has never shown any fear ovcr physical threats but considering all that happened in the preceding few days it wouldnt help his mo rale to be told someone was try ing to shoot him It can be dis concerting MORIZ IiAI NEWS Anyway assuming Mr Trudeau went home that night to relax with newspaper in front of the fireplace guess what he would read on the front page Thirtysix per cent say that Clark would make better prime minister than Trudeau The results of the latest Gal lup Poll show that while 36 per cent of Canadians think Joe Clark would make better leader only 23 per cent favor Mr Trudeau and the prime minister lost in every region of the country except Quebec isli Army in France in August 1914 as contemptible That expression was embel lished by the British them selves into one of the first rallying cries of the First World War and we will always remember the British EX peditionary Force of that era as The Old Contemptibles Both ex rcssions spoke of country great grit and guts The small opkec crs of Napo leonic times woul spread and expand help found an empire and make Britain the merchant prince of the world The British Army not honed by war since Waterloo would hold off the German battalions in France in 1914 and be deci mated by thcm until the French manpower juggernaut was fully mobilized Given these two lasting and wellknown identifications of the British we now see the country which was once the worlds wealthiest about to sub mit to the watchdogs of the In ternational Monetary Fund IMF from which Britain has requested further massive drawing of $4 billion to pay her way in the world ASURRENDER Western industrial states do not usually surrender their au thority to other countries But Britain now Is doin this as the representatives of multina wherc he was favored by 40 per cent of the people compared with only 21 per cent for Mr Clark the prairies per cent favored the Conservative leader while only 12 per cent came down on the side of the prime minister The one bright spot for Mr Trudeau was the fact that on national basis 27 per cent of those interviewed couldnt makeup their minds If he can win this support over the next two years he can move back in But this latest poll came as shock to Liberal party officials who while fully aware that Conservative popularity had moved ahead of the Liberals were confident that Mr Trudeaus persona appeal was well ahead of Mr Clarks Not long ago Senator Keith Davey who masterminded the last Lib eral election cam aign said that Pierre Trudeau is the best thing we Liberals have go ing forus In the light of this latest poll Mr Trudeau might well be wondering what some of the worst things might be tional IMF arrive in London to administer the huge British borrowing This means the IMF men will help direct British government planners demanding closer con trols over the money supply overnment borrowings and irm ceilings on domestic credit Nor will the British receive the full amount of $4 billion at the start because not even the IMF has that much standby credit available for any single need She will receive about $2 bil lion to start about the same which the British government already owes from an earlier IMF borrowing to help stop the pounds world erosion And in that regard the rich Arab nations who have held very large sterling balances are unloading these as the pound continues to slip each move in this direction helping it to slip even further Last April for example the Arab central banks disposed of about $600 million in sterling and that was before the recent record drop of the pound to $163 As for the stain ing and gil ling grounds of Old Con temptibles that has been filled in manner of speaking in the 1970s by Britains diversified NATO land sea and air forces READER FOR Did he read same report Sir have just seen Don OHearns report on the Royal Commission on the Health and Safety of Workers in Mines in the Aug 27 edition of The Barrie Examiner Since he names our union and criticizes our reaction to the royal commission report perhaps your paper will allow your readers to consider these facts Our union does not to use Mr OHearns word intend to gloat over the report We have pointed out while he doesnt that every recom mendation of the commission was made by the Steelworkers either at the commission hearings or before He claims the tone of the commissioners report was not accusatory wonder if Mr OHcarn read the same reportldid The commissioner James Ham says there is unjustified complacency at the policy making level both in govern ment and the industry lPage 47 He says the approach to co cupational safety and health by the companies and the govern ment has come to be seen by the unions as at best ac commodation of interests and at worst collusion Page 37 He says the unions view is fully understandable Page 38 He says at Elliot Lake where most of the excessive deaths from lung cancer among uranium miners occurred at tention to industrial develop ment and to corporate economic risks dominated con cern for the health of the workers Page 47 He says the Ontario health department has not properly served the wellbeing of workers in mines Page 252 He says the mining industry as whole has not been providing the level of oc cupational health supervision workers are entitled to Pa e235 ether Professor Hams tone was accusatory is beside the question He squarer blamed the federal and ipzovincial governments and industry for the high death rate and injury problem inthe mines Our union hass inted out for nearly three ecades that mining is needlessly unsafe Whatever improvements have cecurred in protecting workers on the ob have been the result of col ective bargaining to provide safety committees to guarantee the right to refuse unsafe work and to enable em ployees to monitor their work places for hazards We are happy to have the sup rt of the royal commission cause it will make our efforts easier to clean up the mines and make all jobs safer Yours truly LYNN WILLIAMS director Examiner reporter thanked by college DearSir On behalf of Georgian Col lege and expecially the Health Sciences Division would like to thank Ex aminer re orter Richard Dunstan for is excellent arti cle on the allday death and dy ing seminar held recently at the College Perhaps death would not be quite so pornographic sub ject if more people like seminar leader Dr Mwalimu Imara talked about it and more people like Dunstan wrote about it MARGARET WATSON Chairman Continuing Education Health Sciences Division Georgian College Bell takes exception Dear Sir Re the public announcement placed by United Rubber Workers Local in the Oct 14 edition of The Examiner The ad claimed AIB guide lines provide little or no con trol on prices and cited in creased costs for eight items among them Bell Telephone May point out that Bell Canada rates and rate changes must be approved by the Cana dian RadioTelevision and Telecommunications Commis sion Bells federal regulatory agency In its last Bell rate judge QANADAS STORY Commerce treaty front of his Conservative oppo led to troub By BOB BOWMAN Although there was still great deal of bitterness follow ing the War of 1812 Britain and the United States signed Con vention of Commerce on Oct 20 1818 It was agreed that citi zens of both nations should share the territory west of the Rocky Mountains for 10 years This arran ement was renewed in 1827 an remained in effect until the Oregon Treaty in 1846 established the boundary as the 49th parallel dipping south to give Britain all of Vancouver Island If the American negotiators of the Oregon Boundary Treaty had been more alert they might have claimed half of Vancouver Island The Convention of Commerce in 1818 also made an effort to regulate fishing rights on the At antic coast problem that remains even today American fishermen were permitted to fish off Newfoundland along the coasts of the Maritimes and in the Gulf of St Lawrence However they had to stay out side of threemile limit This led to another dipute The Americans claimed that the threemile limit followed the windings of the coast but Mari time fishermen insisted that the base of the limit was from headland to headland The result was that American fishermen often operated in Maritime reserved waters or so the Maritimers believed and their vessels were seized THE P1 With inflation running at 15 its tragic that our money is to use as an example ment December 1975 the CRTC confirmed that Bell was within AIB guidelines In that same judgement the CRTC approved basic monthly rate increases for residence and business service In Barrie for example the private line residence rate went from $520 to $545 less than five per cent increase The private line business rate increased from $1225 to $1305 less than seven per cent Yours truly JACK LUKE Commercial Manager Barrie The situation was very serious and nearly flared into war until 1854 when fishing rights were clarified in the reciprocity treaty between the British Nor thSAmerican colonies and the The Convention of Commerce in 1818 was followed by num ber of other important deals af fecting the North American continent Spain abandoned claims to the Pacific coast nor th of the 42nd parallel and Russia gave up claims south of 5440 the present southern top of Alaska OTHER OCT 20 EVENTS tossUrsuline Convent foun ded in 1639 was burned 1705Gov Vaudreuil pro posed peace between Canada and New England isssParliament moved to Toronto ismEastern Canada was shaken by earthquake and large quantity of rock fell into Trinity Bay Nfld 1888There was railway war in Manitoba ismAlaska Boundary Com mission made its award ismUnited Farmers won Ontario election 1920British Columbia voted for government control of It quor 1922New Brunswickborn Bonnar Law became prime minister of Britain 1957Railway line was com pleted to International Nickel mine at Thompson Man stowed away in cash