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(CP)--A $60,- 000 grant for the establishment of an industrial research insti- 10 +." tig +V 00 280 ey > dltute at the University of Wind- 250 tio be 410 ey ™ 10 +9 " --2 ae 3M + 750 260 32% 3) 2 oo Wh -- 30 a 2s ts _ WY 0% 20% 20% % S% Si + BH en if oO. 5 bea) 2 B wu 184 7 67% 67% + Wr We me mM gece it 2% %-- % 23 = y|Sons in Sanskrit, \,|sor has been announced by the | federal government. The announcement, made here Saturday, is the first such allocation of money for this pur- pose in Canada. In making the announcement, External Affairs Minister Paul Martin and Herb Gray, member of Parliament for Essex West, in whose riding the university is situated, said' the grant was to cover a three-year period dur- 9 |ing which time the general ad- : ministration of the institute would be established. Mr. Martin said the proposal to establish the institute shows the recognition by the govern- ment of "a closer co-operation in the engineering field between the university and industry." " 7 NAMES FLOOD IN GLASGOW (AP) -- The Cu- nard Steam-Ship Co. has re- ceived more than 250 sugges- tions for naming its new liner, now called just Q-4 and being built in Scotland, says deputy chairman Lord Mancroft. "We have had 18 different sorts of Princesses. suggested and we have éven had a suggestion that . should be called London og." " STUDY ON THE AIR NEW DELHI (AP)--All-India. Radio, the government system, is arranging twice-weekly les- the country's lancient sacred language. % ol COAL & SUPPLIES 723 OVER 40 YEARS EXPERIENCE! Take advantage of It! 24 hour sey+ vice; and radio dispatched trucks always on the ready to serve you. Fuel Oil Budget Plan available, NOW IS THE TIME TO CONVERT AND CALL ~ McLAUGHLIN 110 KING ST. W. -3481 y|ration's efficiency. This, BUSING SS SPOTLIGHT -- MONTREAL (CP) -- North American demand for news- print increased at an impressive arate in 1966, mainly because of increased newspaper advertis- ing, the Newsprint Association of Canada reports. In its latest survey which covers. the current year, the as- sociation says "the vigorous growth of consumption in the United States and Canada has dominated the world market situation in recent years and led to a close balance between over-all supply and demand," Elsewhere in the Western world, demand for newsprint continued to increase "at about nearly 400,000 tons per year.' | But in North America, de- | | Pharmacists "Whipping Boys" In Dispute Over | TORONTO (CP)--The Cana-| dian Pharmaceutical Associa- tion says a claim makers haven't offered to help} to cystic fibrosis 'not based on fact." The association was replying to a statement made by the Ca-| nadian Cystic Fibrosis Founda-| tion before the Commons drug) prices inquiry in Ottawa last) Thursday. Asked at the inquiry whether} the customary average rate of aioe In Advertising Bolsters Newsprint Use of nearly 2,000,000 tons in the last three years. This com- pared with a previous long-term average rate of about 200,000 tons a year. The association said the in- crease in newspaper advertising indicates "an improvement in the competitive position of newspapers compared with other media such as television." SEEM EQUAL "After many years of continu- ous increases in television's share of total advertising ex- penditures, the gains of news- papers, TV and other media in 1966 seem to be. shout equal." Other factors contributing to the increase were the relatively |mand had | increased "by a | total! newspapers, that drug)said they had not. ease the burden of drug costs| costs for sufferers of the d sufferers is/ range up to $300 me he dog druggists or drug manufacturer| and have not responded to ap- associations had offered | help or \peals. high rate of family formation, céntinuing growth of suburban , and "benefits to Cystic Fibrosis |responded to appeals on behalf' lof patients, foundation officials Foundation} Officials also said that _ drug | metropolitan dailies resulting from, urban renewal programs." Referring to the world news- print situation, the survey said growth of capacity has not) oom moniched increases in demand in the last three years, "but fore- casts for 1967 suggest that ade- quate supply will continue to be available for all connumery: needs," "In the 'Western world the ex- pected capacity increase for 1967 is more than 800,000 tons compared with a forecast growth of demand of less than of each amount is in North America, "Announced plans for 1968 in- dicate a much larger addition to capacity amounting to 1,500,- 000 tons, of which about 1,000,- 000 'are in North America, It follows that barring unprece- dented growth or unforeseen in- terruptions, ample supply for all newsprint users seems as- sured," The association gave world newsprint demand and supply | eestimates for 1966 as 19,700,000 |and 21,400,000 tons respectively, with forecast figures of 20,500,- | 000 and 22,400,000 tons for 1967. than 20,000 insurance policy- insolvent North American Gen- eral Insurance Co. will receive only part of the money owed arg the company's liquidator sa that period and paid on a pro- portional basis. figures $1,600,000, while its liabilities were about $2,000,000, for a dif- ference of $400,000. Pp be rities 700,000, and roughly 60 per cent) Lid. Firm Will Pay Part Of Claims MONTREAL (CP) -- More éis With Ciaims against the Prudential Finance and a direc- tor of North American General, fs te fase siv charges of theft. uttering "forged documents and making false statements. In Ottawa, Richard Humph- reys, director of the federal in- THE OSHAWA TIMES, Monday, December 12, 1980 7 | " surance department, said his)sion and were not' that pleted their company. He could not make a statement at this time, He said the missing securities iners went through the company jij books, It was these missing se- curities 'which should have been in the company's posses- Saturday. R, B,Victor, Barnett sald North eneral's policies terminated within 'Gracious Giving. Mr. Barnett said preliminary indicate the insurance company's assets totalled about However, securities worth $520,692 and listed on the com- iny's books as assets "cannot located." The missing secu- include Government of Canada and Province of Ontario bonds and shares in Dominion Glass Ltd., and Noranda Mines Quebec Superior Court issued a winding-up order against North American General 12 days ago. Earlier, Prudential Finance Corp.. of Toronto, North Amer- ican General's sole owner, went bankrupt, affecting: 8,500 small investors. Joseph Brien, president of TAP EARTH'S HEAT The Soviet Union is planning to harness hot gases from the earth's interior to produce 'elec- tricity at a quarter the usual cost, This Christmas, give Scotiabank Savings Certificates... agiftof good taste and Increasing worth. Aten dollar certificate costs just $7.50 and grows to full value in six years, Cashable any time. Available in denominations of ten, twenty-five, one hundred, up to fifty thousand dollars at any branch of the Bank of Nova Scotia, in the gold-coloured gift box. The Bank of Nova Scotia John C. Turnbull, the pharm- aceutical association's execu- tive director, said in a state- {ment pharmacists have once again become 'whipping boys." "It is an absolute falsehood |to claim that druggists' associa- tions have not offered to help 'Industrial Giant Owners "* Given Word Of Caution hni it)had reached the t 1 size LONDON (AP) -- John Kenneth Galbraith as- serted Sunday night that own- ers of modern industrial giants, whether state, should beware of trying to run the business, Intervention by owners, said Galbraith of Harvard Univer- sity, tends to reduce a git e said, is equally true of owners or shareholders in capitalist systems and governments or po- litical parties under socialism. Galbraith, a native of Iona Station, Ont., was delivering the fourth of five talks in the BBC's */annual series of Reith lectures. His argument was that in the ihighly - developed and techni- cally-specialized world of today, the giant industrial corporations rely for all phases of their plan- ning on skilled group leader- ship. Outside interference, he said, is in many cases made in jenorance of. the highly-compli- ated processes which owners or politicians want to control. "In the non-socialist econo- mies, as the firm develops, it becomes necessary to exclude uninformed authority," said Galbraith. "This, we have seen, includes the owners. In the late 1920s and the 1930s and on into the war years, the late Henry Ford insisted on exercising his au- thority as the sole owner of the Ford company. It was dis- astrous, The firm very nearly failed. "In the same period, Mont- gomery Ward, the great Amer- ican merchandising house . . suffered only a little less se- verely from the similar author- ity of its chairman, Mr. Sewell Avery. "And creditors of TWA (Transworld Airlines) . . . once made it a condition of their loans that Howard Hughes, the owner, not exercise the preroga- tives of ownership. "Ford, Avery and Hughes were not stupid men; it was shareholders or the|,.. and complexity where group de- cision-making had to be pro- tected from such interference. Fake Trees May Outsell Other Types NEW YORK (AP)--A spokes- man for a leading U.S. manu- facturer of artificial Christmas trees says more fake trees may be sold than the real thing in 10 years' time. This season artificial trees abound in U.S, stores. They in- clude fake Scotch pine, blue spruce, hemlock, cedars and balsam, in a choice of green, snow-tipped or white, One Wisconsin firm even makes aluminum trees with snap-on pine cones. "The only thing missing is the odor," said Donald L. Krain, vice - president of Krain and Canton, a Bloomfield, N.J., arti- ficial-tree firm. About $40,000,000 worth of ar- tificial Christmas trees were sold last. season. Krain esti- mates the total will be up 15 per cent this year "In about 10 years, there may be more artificial trees. than live ones," Krain said. "I be- lieve the quality of the artificial trees and their aesthetic real- ism' are getting to the point where more people have ac- cepted them." The fake trees cost from $2.50 to $50, generally $15 and up for the most popular seven - foot models. Manufacturers of artificial trees claim three advantages for them: They are flameproof, their needles don't fall off and they can be kept year after year, rather that all of these firms JURY & LOVELL Lid CAMERA DEPARTMENT 8 KING ST. E. a JURY & LOVELL SUGGESTS: "The GIFT that CLICKS with everyone POLAROID Automatie film pock cameros. Color in 60 sec., black ond white in 10 secs. From Less 70.00 ZIEISS Ikomatic. Instant cart- ridge loading, easy flesh pictures. From 19.95 KODAK SUPER 8. Instomatic Movie Cameras, Just load and shoot. From Less Then .. e SAWYER SLIDE PROJECTOR Squore or circular tray. 500w. Fan cooled, 59 50 le From .ancccces. 723-2245 pleased to help you fill and explal Your District Office will supply you with the application form that starts your pension cheque coming. The efficient, friendly staff will offer you every assistence. They will be Canada Pension Plan JANUARY 1967 Are you eligible? react obey cr Office now! how your p YOUR DISTRICT OFFICE IS SHOWN ON THIS MAP out. The staff will aise be happy to answer any questions you may have the Retirement Pension. Don't delay! Visit or write your Canada Pension Plan District PETERBOROUGH Unemployment KINGSTON TORONTO 26 St. Cieir Avenve East KITCHENER-WATERLOO 220 King Street East, Kitchener Commission 411 Weter Street ST. CATHARINES 360 St. Patel Street Commission Bidg... 441 University Avenue W, RETIREMENT PENSIONS BECOME PAYABLE IN If you have been contributing to the Canada Pension Plan, and if you will be age 68 or over by March 31, 1967, contact your Canada Pension Plan District Office now. Contributors who are under 70 years of age must have retired from regular employment to qualify. Those who are age 70 or over may qualify without retiring. SCARBOROUGH 2806 Eglinton Avenue ETOBICOKE 3269 Bloor Street W, NORTH YORK 8841 Yonge Street, Newtonbrook Willowdale OTTAWA 286 Argyle Avenue HAMILTON Thousands of people will soon be eligible GET YOUR APPLICATION FORM TODAY! PUBLISHED BY THE DEPARTMENT OF NATIONAL HEALTH AND WELFARE, BY AUTHORITY OF THE HONOURABLE ALLAN J. MacEACHEN