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anagram3W twellngton Anne Streets Foreign Investments Could Be Insured By FORBES RHUDE Canadian Prus Business Editor freer flow of money in the world is probably much harder to bring about then freer flow oi trade You may take chance on an individual trade transaction even if your confidence is little shaky but you like to be retty sure of countrys future ciore you invest sum of money in it for term at years This is particularly problem for the newer and under de veloped countries anxious for and in need oi capital but whose future political stability may be uncertain One suggestion made is insur ance of private foreign invest ments through some interna tional arrangement Discussions are in the prelim inary stage and to provide data the World Bank recently com plated at study cntitled hiultila teral Investment Insurance HELPED RECOVERY The World Bank itself and sev eral other international bodies such as the international Mona Iary Fund and the various bod ies that have operated in Eu ropes recovery are evidence that internationally supported bodies can achieve results far beyond the amounts of money involved The World Banks loans have on interest beyond the countries involved because they make possible projects on which con struction and engineering com panies oi other countries can bid Among recent announcements is loan equivalent to 320000 000 to industrial Credit and in vestment Corporation oi india Ltd privately owned and managed development bank cs tablishcd to promote growth of private industry in india Three earlier loans to the institution totalled 0000000 in saven years the lndlan body has approved financial as sistance equivalent to $90000 000 to to industrial concerns more than half or them new en terprises in such industries as electrical chemical mechani cal shopping textile fertilizer food processing paper glass and bulldlng materials World Bank loans in india total 45000300 oi which the Bank still holds 90000900 The international Finance Corporation World Bank affili ate has agreed to invest the lequlveient oi 38000000 ln Fab rica Espanola Monster FEMSAi le adlng manulac iturer of automotive electrical equipment in Spa SALLYS SALLIES at both BARRIE PLAZA and DOWNTOWN srore CdarMasdzed At Glance NYLONS chines druid be what mm my moddeesixlovelycoinasmflable THESE Nylons are really something entir 13W of the finest materials with special looped hoe construction foradded magnum mary citePackages armoran pa $295 Gate Crasher llsiounds Hope And Audience HOLLYWOOD AP The Worlds Champion Gala Crasher has turned in perhaps his most peerless performance Stealing the show before TV audience of millions from the worlds most accomplished scenesteal Cll Stan Eerrnsn New York Taxi driver gifted with more brass than 78 trombones was the sensation of an otherwise dull Academy Awards show Monday night KI came out of nowhere to outqult qulpltklng Bob Hopein thamlddll of the Oscar telecast striding authoritatively om stage as Shelly Winters and Vin cont Edwards were presenting cinematography awards he an nounced coolly Im the worlds most famous Hees Extends Welcome UllAWA CPlWalter Hall stein president of the commls slon ot the European Common Market would be welcome to come to Ottawa if he desires to consult Irada Minister Hees the minister said in the Com mons Monday night The Liberal Opposition booted derisively at the statement and said it meant that Mr Hallsteln would have to come on his own invitation Ha is currently in Washington for talks with Pres ident Kennedy about Common Market developments Mr Hees told Opposition Leader Pearson would he very glad to see him if he would like to see me Paul Martin IsEssex East asked if Finance Minister Flem ing had indicated that there would be no purpose in Mr Hallstein visiting Ottawa Mr Fleming said the question was based on guess and conjec ture wild as usual Mr Mar tin said the government should take the initiative in inviting Mr Hallstein to Ottawa Mr Fleming said that the Common Market leader had vis ited Ottawa about two years ago and that they had met since then elsewhere KERNS JEWELRY With Audacity gate crasher im here to pre sent Bob Hope with his 1038 award PRESENTS MINIATURE He plunked down miniature reproduction oi the gold statu etteslascribed to the worlds greatest comedian from the worlds greatest gate crasher and stalked off When emcee Hope recovered be had this rebuttal What did we need Price Watarhouu Oscar ballot tabulators fort What we need is doorman Harmans stunt caps almost lifetime devoted to insinuating himself into situations where he is not supposed to be it was his second major coup in month He handed astronaut John Glenn Jr statue after crash ing New York Citys giant wei come ceremony on the steps of city hall After Monday nights per formance at the suburban Santa Monica Civic Auditorium Eer man told reporters This time expected to get arrested DETAINED BRIEFLY He was detained briefly but vanished alter telling his story How did he get past the hordes of guards with no VIP badge no press button no ticket just pushed my way brough the crowd and walked Herman says he has made the acquaintance of three US pres ldcntsRnosevelt Truman and President Eisenhower Another event was witnessing the wedding of screen star Elizabeth Taylor to Eddie Fisher Whats his next big gate orashing effort The winners circle at tha Kentucky Derby said Barman CANCER MYSTERY Although more research work throughout the world is being done on cancer than on any other medical problem scient ists still have not discovered the cause donation to the Canadian Cancer Society will contribute to the ultimate de feat of this killer Here truly is the most remarkable diamond value lever ofieredhA mognifieefl 15 CARATj Elmo in the newest 54 K9 gold setting my one szoo WEEKLY OPEN FRIDAY lll SHOPPINGS PtEASllRE Ai BARRIE PLAZA John MacDonald Big Name In New Glasgow Sports NEW GLASGOW NS public address announcer at the Sydney Forum during the l9 hockey playoiil asked that John MacDonald report to the box cities for an urgent mes sage There were titters from the mooodd in the stands for rea sons redfaced PA man found out in hurry Nutty four MacDonalda struggled through the jampacked arena to the phone it proved that its advisable to be armed with more specific data such as middle names and nicknames when seeking John MacDonald in than partl John MacDonald wont narrow the field much But John Donald Brothch MacDonald will get the proper directions from any athletically inclined Nova Scotlan in Pictou County just about everyone knows Brotherphysi cal tralning director or New Glasgow schools minor hockey rugby basketball baseball and track coach referee and urns plre little league baseball com missioner radio sportscaster and raconteur PEEACEES FITNESS MacDonald to has been wrapped up in sports since tod dllng days in his native Sydney Mines NS Sandlot baseball and frequent late arrivals for supper led to his nickname To distinguish him from other John MacDonalds his sisters would call from the doorstep Bruuutherri The name stuck Hes not as some think manher of religious order But he does preach Hia gospel on physical fitness and athletic technique is imparted to more than 2000 youngsters in the New Glasgow area and is backed up by his own record in sports As first baseman ha ont shone the American imports in leading the aaml pro Colliery Baseball tor three years He also played with lla1 iiax Arrows and Stellarton Al bion of the professional Halifax and District League in collegeha starred on the football field in track and field and hockey While attending St Francis Xavier University in Antigonish NS before the war he played hockey with New Glasgow Bombers He was physical training instructor at Petawawa military camp in Ontario in the Second World War and in 1948 got his physical education diploma from McGltl He was appointed physical dllt rector of New Glasgow schools that year in 1951 he got serv ice club to tinance minor hockey association with Brother as director and coach it started with 75 boys in two leagues and has grown to eight leagues with 350 participants Two oi the teams have won Nova Scotin and Maritime minor hockey titlea since 1959 His New Glasgow High School rugby teams have won seven provincial championships in it years and were runnersup the other seven Track teams have been consistent provincial win ners and the girls have won one provincial soccer and on baa ketball championship Besides the flvedayaweek gym schedule after school coaching and refereeing Mse Donald given three sportrcasls daily on weekdays and one on Sunday over radio station CKEC He has no oiiicial ties with pro hockey clubs but his pro teges lean toward Detroit Red Wings and Boston BruinaLoy ell MacDonald lno kin topped this seasons Ontario junior league in scoring with Hamilton Red Wings Hes top Detroit prospect James inloe another pro duct wal with the Hamilton junior 13 club and live others rated tryouts with Ontario junior teams sponsored by DI trait and Boston this season The job oi moulding good nth letes is getting tougher Brother says There are too many other attractions They have tel evislon and cars He feels most schools now have adequate facilitiesvbut we need the kids to make full use of them He says the federal allocation for physical fitness is itne but well have to by careful we dont just get win ning teams for the price HUBEBT 15 CARAI ton DOWN PAYMENT