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UK. Sterling Crisis' Run on Rural Bank By ARDEN COOPER WASHINGTON (AP) --.Brit- ain's pound sterling crisis can be compared to a run on a rural bank--with piles of money arriving from the big city just when the depositors are begin- ning to get panicky. As long as there is plenty Of money. in the bank, the deposit- ors-aren't worried about their money, The major Western countries hope they now have put enough money at Britain's disposal to convince nervous financiers that the pound will weather the storm. Eleven countries put $3,000,- 000,000 on the line Wednesday for Britain to use in foreign ex- change markets in strengthen- ing its currency. The United States promised $1,000,000,000, and U.S. treasury officials ob- viously were pleased that an- nouncement of the move alone caused. the price of sterling to edge upward within an hour. Canada put up $200,000,000. Because psychology is often a dominant. factor in interna- tional dealings, the Bank of England may need to use only a small portion of the $3,000,- 000,000. As long as its is avail- able, the holders of sterling probably won't be in a rush to trade their sterling for U.S. dol- lars or for some other convert- ible currency. Apparently some businessmen and bankers feared the British 'might devalue the pound for the first time in 15 years. The pound now is pegged at $2.78 (U.S.) and the British government is pledged to-step in and buy sterling whenever it drops to- ward that point, WOULD BE WORTH LESS A devaluation would mean the pound would be worth less in dollars. If it were worth $2.50, for example, U.S. businessmen would lose 28 cents overnight on every pound they held. Many who traded their pounds for U.S. dollars, West German marks or French francs were betting that the pound would go down in value and they would make a killing. On the other -hand, some pound sellers probably were for- eign businessmen who had ac- quired sterling with the idea of expanding some enterprise but since decided to hold off until the new government's attitude toward business became clear. The British are drawing about $1,000,000,000 from the Interna- tional Monetary Fund. How- ever, most of this will be used to pay off. short-term interna- tional debts Britain accumu- lated because of its financial crisis. With its reserves, plus the $3,000,000,000 made available Wednesday by other Western nations, London will have a huge fund to draw on to keep the pound stable. Pound Placed On Safe Footing By Banks In 11 Countries By GEOFFREY WHITEHEAD LONDON (Reuters) -- The pound sterling, one of the world's two major currencies, today appeared "safe" with no prospects of devaluation after a international rescue operation Wednesday. Banks of 11 countries came to the aid of thé pound -- under severe pressure in European monetary circles this week-- with a huge loan of $3,000,000,- 000. 'Lost His Life' Saving Kin PONTIAC, Mich. (AP)--'I'm sure my son-in-law lost his life in trying to protect his family. "That would have been just ke him," Mrs. Arthur Reed said Wednesday, describing a Canadian missionary, Rev. Hec- tor McMillan, who was reported slain by Congolese rebels at Stanleyville. She. spoke of McMillan and her daughter, Ione McMillan, 51, as persons who dedicated major portions of their lives to serving God in Africa. Both had been in Africa approximat- ely 20 years, she said. Mrs. McMillan and two of the MeMillans' six children, all of whom were in the Stanleyville area, are sponsored in their missions by the First Baptist Church .of 'Pontiac. McMillan, whose home was in Avonmore, Ont., was sponsored by two Tor- onto churches. Congolese rebels killed Mc- Millan in Stanleyville. Mrs. Mc- Millan and the children escaped. One of the boys was wounded. Mrs. Reed .said she last saw her daughter and son-in-law three years ago when they left sons, Kenneth, 17, Paul, 16, Da- vid, 15, John, 14, Stephen, 12, and Timothy, 11 Attack Planned On Automation TORONTO (CP) -- The Tor- onto department of labor will spend seyeral millions of dol- lars on a computer system and large - scale re - organization to help the department fight the effects of automation in indus- try, Labor Minister Leslie Rowntree said Wednesday. Mr. Rowntree said in an in- terview that within a month he will announce the appointment of a top Canadian economist to head the department's new. re- search branch Details of the re - organiza- tion will be announced within a week or two. Areas of the de- partment which will be affected the most' are the apprenticeship training program and the indus- trial research facilities, he said He said the computers will provide researchers with serv- ices at least equal to those now available in a few highly so- phisticated Ontario industr Ont. Considers Asian Airlift ; TORONTO. (CP) = The On- ario government will create an airlift to bring skilled Asian workers fo Canada if industry for The Congo with their} The price of sterling jumped by a half cent when the Lon- don Foreign Exchange opened this morning. The Bank of England said the rate had now reached $2.79% (U.S.) to the pound. On the London Stock Ex- change, trading opened hectic- ally with a rush of buyers. Prices moved up sharply in the scramble. PARIS SALES STOP The sale of sterling was halted in Paris this morning following the. massive support measures, French bankers re- ported. French foreign exchange deal- ers said business was limited as the market was "'shaken" by the sudden international mone- tary solidarity. Amsterdam reported sterling firmed slightly following the overnight news of international support. Financial sources in Brussels said early dealings were lim- ited with traders showing hesi- tation, but sterling was marked up slightly. Announcement of the massive international help was made by the Bank of England. CANADA LENDS AID The 11 central banks were those of Austria, Belgium, Can- ada, France, Italy, Japan, The Netherlands, Sweden, Switzer- land, West Germany and the United States. Two specialized banks -- the Bank for International - Settle- ment at Basel, Switzerland, and the Export-Import Bank of the United States -- also took part in the loan to steady the pound. Britain's new Labor govern- ment already has a stand - by jeredit of $1,000,000,000 with the |International Monetary Fund. | The International Bank of Set- tlement at Basel is composed of the central banks of 26 coun- tries, with the aim of providing facilities for international finan- cing operations. The United States put up $1,- 000,000,000 of the support and Canada $200,000,000. 'Manning Urges Realignment RED DEER (CP) -- Premier Manning of Alberta said Wed- nesday a realignment of opliti- jeal strength in Canada is im- |perative and may require a completely new political party. Mr. Manning said the coun- try needs a realignment of Ca- jnadian strength on the basis of conviction rather than partisan- ship and expediency. In addressing more than 500 persons attending the , Alberta Social Credit League" annual convention, he said: "I don't know if we can overcome the problems. If not there is no so- lution other than creating an en- tirely new political force in Can- ada." | Mr. Manning said the new party would have to be com- pletely free of ties with exist- ing parties and start anew. will guarantee them jobs, Eco-) NEW SIU CHIEF? Leonard J. (Red) McLaugh- lin has been elected president of the Seafarers' International Union of Canada (Ind.) suc- ceeding fugitive Hal Banks, the Montreal Gazette said Wednesday night. Word of his election leaked out before the official results were released, the newspaper said. --(CP Wirephoto) PM Concludes Sask. Tour LLOYDMINSTER, Sask. (CP) -- Prime Minister Pear- son said Wednesday he believed Canadians would use "modera- tion and common sense' to sweep aside extremists who want to divide the nation. He concludetl a two-day visit to Saskatchewan -- his first since the April, 1963, federal election -- with an address to 450 persons at a Lloydminister Chamber of Commerce banquet. Mr. Pearson said "small busi- ness week" would be pro- claimed in the first week o February. He said small businesses per- form an important social func- tion in providing an outlet for individual enterprise. Before he spoke to the Cham- ber of Commerce, Mr. Pearson addressed throngs of school chil- dren and fielded questions from farm leaders Wednesday. He stopped his journey from Saska- toon to Lloydminister to speak to 1,000 high school students at North Battleford. In an 10-minute address to school children, he urged chil- dren to take pride in the coun- try because Canada offers ad- vantages many other nations are unable to provide. The chil- dren were given a holiday on the occasion of the first visit to Lloydminister by a Canadian premier. In Saskatoon. where he spoke Wednesday with farm leaders at a public meeting, Mr. Pearson said the federal government would ensure that abandonment of uneconomic railway lines did not lead to an increase in costs for farmers transporting prod- ucts to markets. CBC Criticism Held Unwise OTTAWA (CP)--A vigorous defence of the CBC against "un- fair, impractical and unwise" criticism in the Commons was voiced Wednesday by the Cana- dian Union of Public Employees (CLC). A statement issued by the un- ion's national executive said the publicly-owned CBC should re- ceive five-year grants of money from Parliament and be subject to scrutiny and debate only at the five-year intervals. The latest round of criticism against the CBC was heard in the Commons Tuesday. "We feel that constant scru --|tiny of the type directed at the CBC during the last few weeks is utterly unfair, impractical and unwise," said Stanley Lit- tle resident of the 86,000- member union. . Pension Sought For Congo Widow OTTAWA (CP) -- Opposition Leader Diefenbaker Wednesday suggested that a government pension be granted the widow and six sons of Rev. Hector McMillan of Avonmore, Ont., slain by Congolese rebels at Stanley.ville Tuesday. External Affairs Minister Martin, acting prime minister, replied in the Commons that he would be glad to discuss the proposal' with his cabinet col- leagues. Mr. Martin said it was unfor- tunately true that Mr. MeMil- lan had been killed. The mis- sionary represented all those who were willing to die for their religious beliefs, 'Shadow TORONTO (CP) -- Andrew Thompson, after only two months as leader of the Ontario Liberal Party, has announced the formation of a 14-member shadow cabinet to act as govern- ment critics and plans for a "civil service" of experts to ad- vise his party. The cabinet is made up irom the 23 Liberal members of the Ontario Legislature. The nine remaining members will act as a task force under former in- terim leader Farquhar Oliver (Grey South) Mr. Thompson said at a press conference Wednesday that Rob- ert Nixon, member for Brant, has been appointed liason co- ordinator between the Liberal caucus and the proposed liberal "civil service," to be made up of unpaid experts in various fields. These experts will advise the party and undertake its re- search. Mr. Thompson announced at the same time that a_ three- man committee has been estab- lished to pursue the Liberal Party's objective of rehabilita- tion of the Progressive Conserv- ative government's system of penal reforms. COMMITTEE MEMBERS Members of the committee are James Trotter (Toronto Parkdale), Vernon Singer (Tor- onto Downsview) and Leonard |Thompson Selects Cabinet' Braithwaite (Toronto Etobi- coke). The members of the shadow cabinet as listed by Mr. Thomp- son are: Health -- Mr. Trotter; High- ways -- Bernie Newman (Wind- sor - Walkerville); Labor--Mr. Braithwaite; Mines -- Elmer Sopha (Sudbury); Municipal Af- fairs -- George Bukator (Niag- ara Falls); Welfare --' Horace Racine (Ottawa East); Public Works -- Ross Wicher (Bruce); Reform Institutions--Mr. Trot- ter; Transport -- Eddie Sargent (Grey North); Tourism and In- formation -- Don Paterson (Es- sex South); Lands and Forests --Stan Farquhar (Algoma-Man- itoulin); Energy and Resources Management -- R. A, H. Tay- lor (Timiskaming); Agriculture Murray Gaunt (Huron-Bruce); Attorney-General -- Mr. Singer; Economics and Development-- Mr. TayJor; Education -- Mr. Nixon; / Government Commis- sions"Mr. Sopha, Mr. Thompson will act as a critic of the treasury depart- ment, The other members of the leg- islature not named to the sha- dow cabinet are George Gordon (Brantford); Harry Worton Wellington South); Art Rea- ume (Essex North); Leo Troy (Nipissing); John Spence (Kent East); Joe Gould (Toronto-Bra- condale); Robert Gibson (Ken- ora). By DAVE McINTOSH OTTAWA (CP)--Two cabinet ministers have given indica- tions the government is getting fed up with the lobbying of the Canadian aircraft industry in Ottawa. Informants said Wednesday that the government welcomes the views of the aircraft indus- try, or any other. But it was becoming irked at the almost constant pressure from aircraft manufacturers. Defence Production Minister Drury said in the Commons de- fence committee Tuesday that there is always pressure on the government from the aircraft industry based on economic grounds rather than on the mil- itary needs of the country. Mr.-Drury said defence needs Senate Supports Glassco Rulings OTTAWA (CP)--The Senate finance committee concluded a six-month study of government spending estimates Wednesday with a number of recommenda- tions in agreement with sugges- tions .made earlier by the Glassco commission for stream- lining the financial procedures of government. The report. approved by the committee expressed general agreement with the Glassco commission's conclusion that "present procedures in develop- ing and reviewing the estimates are wasteful and inefficient." The committee recommended a broader breakdown of the es- timates into the socalled votes which are passed by Parliament at present. The report noted timates into the so-called votes in the 1961-62 estimates and this already had been cut by about half in the current estimates. A further reduction was 'sought. Also recommended was prep- aration of estimates on the basis of programs of activity rather than an emphasis on standard objects of expenditure. Thus, particular items within a pro gram would have to be justified and the program itself justified "not only in its own account but also in competition with is required." other needs for which money} Cabinet Ministers Irked . By Aircraft Industry Lobby should and do dictate defence expenditures rather than the needs of the economy or any particular segment of it. He said that in 1962, defence expenditures by the Canadian government accounted for $244,- 000,000 of the aircraft industry's $352,000,000 business. COULD DELAY Last month, Defence Minister Hellyer told the Commons his department could postpone a de- cision on acquisition of a new tactical jet fighter plane for some time. "But in view of the urgency of giving support to the (air- craft) industry we have been giving early consideration: to this matter and hope to be able to make a decision soon," he said. Informants said Mr, Hellyer in effect was warning the indus- try not to try to push him into buying a plane he doesn't want or he would simply put off a decision. Despite this warning, inform- ants said, the industry has kept pushing for a contract to build the U.S. McDonnell F-4 Phan- tom jet fighter-bomber, at least three times more expensive than the U.S. Northrop F-5 jet plane the defence department favors. A complicating factor is that the RCAF wants the Phantom. A source said the air force re- gards the Northrop plane as lit- tle more than a trainer. Executive Editor In Ottawa Dies OTTAWA (CP)--Edward (Ed- die) C. Marsh, 58, executive edi- tor of the Ottawa Citizen, died in hospital Wednesday night. He had been in poor health for about a year. Mr. Marsh, who began his journalism career as an office boy at the Ottawa bureau of The Canadian Press, joined the Citizen as a sports reporter 41 years ago. He was chief news editor for 18 years until his ap- pointment as executive editor in 1963. A private funeral will be held today. TEETH PLACED IN WRONG POCKET LONDON (AP)--This ad- vertisement appeared in the British paper Sporting Life: "At the last Cheltenham meeting, Mr, Michael Vance inadvertently put his front teeth in someone else's coat pocket before going out to ride. 'Would the finder kindly re- turn them via Robin Lord, as their owner's tight - lipped smile is beginning to wear thin, and his digestion is suf- fered from impaired masti- eating facilities." Vance is an amateur hunt rider. Lord is the valet of the Cheltenham course. Fortune Teller? Not Me! Crystal ball gazers may be entertaining at garden parties but when you find its Pension Pact In U.S. Seen OTTAWA (CP)--Health Min- ister Judy LaMarsh said Wed- nesday it would be desirable for Canada to make a reciprocal agreement with the United States for portable pensions. Addressing the parliamentary committee studying the Canada Pension Plan, she said it might be possible to mesh the plan with the U.S. social security program, which 'is similar in many respects. "In view of the mobility of workers across our border in both directions, and in view of the number of our retired peo- ple who move to the U.S., at least for part of the year, the advantages of such an agree- ment will be obvious to all." The minister said the Canada Pension Plan legislation opens the way for similar agreements with other countries that have contributory pension plans. An increasing number of Eur- opean countries had reached such agreements to ensure por- table pensions for people who spend their adult lives in more than one country. Thus, a Canadian moving to the U.S, after contributing to the Canada Pension Plan would be entitled to collect social se- curity when he reached the re- tirement age. Miss LaMarsh spoke for nearly one hour explaining the complex, massive bill and then answered questions for another hour. She will appear again to- day to answer more questions. SEWAGE COSTS WINNIPEG (CP) -- Expend- itures for the improvement of sewage disposal in the greater Winnipeg area are expected to total more than $5,000,000 by year's end. THE OSHAWA TIMES, Thursday, November 26,1964 3 Nothing Really Surprising, Agonizing Aspect of Congo By JOSEPH MacSWEEN Canadian Press 'Staff Writer One of the many agonizing aspects of the new Congo trag- edy is that there is nothing really surprising about it. The Congo, unhappy republic in the heart of Africa, has been riding the back of one crocodile or another--or several--since it received independence from Bel- gium four years ago. The United Nations kept the country from flying apart for four years but at least three rebellions were in progress when the UN contingent pulled out last June, There were many warnings of worse chaos to come although, of course, no one could say that "white" hostages, including missionaries, were fated to be sacrificed in the Stanleyville strife. Some observers now are call- ing for establishment of a new UN contingent in the Congo despite the financial troubles of the world body and the refusal of such countries as the Soviet Union and France to pay their share of peace-keeping costs. RESCUE OPERATION The Manchester Guardian says the Belgian - American paratroop rescue operation, us- ing a British island for staging, was necessary but was also a confession of failure in interna- tional co-operation. "The rescue would almost ctriainly have been undertaken by UN troops had they still been in The Congo and would have passed off with none of the in ternational outcry that will be heard about the Belgians," says the Guardian. A keen disappointment in some quarters has been the failure of the Organization of African Unity -- embracing all independent countries of the continent--to reconcile Congo- Ottawa Teams To Tally Progress For By JAMES NELSON TORONTO (CP) -- Federal centennial planners will start fanning out across Canada next month for a series of meetings with provincial govern- ment leaders and local authori- ties to put new life into plans for 1967, .the 100th anniversary of confederation. Their main purpose is to start pinning the provinces and mu- nicipalities down. to specific times and places for the big cel- ebrations now just 25 months away to celebrate the federal union of the provinces. One of the main problems the centennial commission has come face-to-face with is: when do the centennial celebrations start? They start Jan. 1, 1967, and run to Dec. 31, 1967. If they spill over the calendar year, this side or beyond, that's all to the good, in the opinion of the centennial commission. Commission officials, headed by commissioner John Fisher, will visit all 10 provinces capi- tals during the period from mid- December to late February. One of the main purposes of the tour is to discuss a schedule for the Confederation train and eight truck-trailer caravans vis- iting 800 communities. The officials will also discuss the centennial commis- mion's youth travel program, Centennial which will sponsor the move- ment of 3,000 young Canadians from one part of Canada to an- other next year, and the practi- cal problems of organizing a performing arts festival to tour the country in 1967. Maurice Lamontagne, secre- tary of state and federal minis- ter in charge of centennial plan- ning, said Wednesday after a meeting of the federal-provin- cial centennial committee that Ottawa and five other commu- nities--St. John's, Nfld., Que- bec, Winnipeg, Regina and Sas- katoon--will have new theatres ready for such a festival. The 60-member national con- ference on the centennial, in- cluding representatives of the provinces and the federal gov- ernment, and 40 delegates at large, was to conclude its semi- annual meeting today with dis- cussions on how a wider range of public interest groups can be brought into the centenary. In- cluded are church, university and labor bodies. NEED A NEW... OIL FURNACE? Call PERRY Day or night 723-3443 lese Premier Moise Tshombe and rebel "'premier" Christophe Ghenye. The OAU started off well by helping to bring peace in a north Africa border quarrel be tween Algeria and Morocco, But, torn by dissension among its own members, it has been unable to do much about the far more serious black-Africa situation in the Congo. OUTSIDE POWERS ' The result is that outside pow- ers are being drawn back to The Congo in a more serious way than, for instance, the cases in which Britain had to return' to newly independent Tanganyika and Kenya earlier this year to restore order, The harsh reaction of Prime Minister Jomo Kenyetta of Kenya to the Stanleyville oper- ation demonstrates how suspi- cious some OAU leaders are of neo-colonialism. Ghana, as one example, describes Tshombe as the willing tool of the former imperialist masters, Other OAU countries, such as Nigeria, wanted to. back Tshombe in the hope of keeping communism, particularly of the Chinese brand, out of Africa. In view of divisions between its members, the OAU was unable to help. 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