wvmfl examiner serving borrie and simcoe county Tlunday May 24 1979 Published by Canadian Newspapers Company Limited 16 Baytield Street Barrie Ontario LAM 4T6 Bruee Rowland ADVERTISING 7266537 NEWSROOM 7266537 CllCUlATION 7266539 Action needed at beach areas Its odd how some people make use of their leisure time Take the May 211 holiday for instance At Wasaga Beach Ontario Provincial Police were called upon to charge more than 300 persons with various offences mostly for liquor violations Many charges were laid under the Highway Traffic Act There were also 35 criminal charges including possessmn of prohibited weapon and possession of restricted weapon This sort of lawlessness can spoil it for ordinary people merely seeking sun fresh water and healthy surroundings lieachareas have always been problem in this respect The province has done its share at cleaning up these beaches and providing modern facilities for enjoyment But some never learn 1th embarassing to be caught in the midst of rowdies who somehow must be intoxicated to enjoy themselves These same people are usually the worst offenders at litter ing the beach with their debris At Wasaga Beach and other holiday areas theres no reason for this misbehavior Nor should itbe tolerated The police and public have dual responsibilities in this respect The police can continue to lay charges against those who cannot act responsibly And the public can continue to make it clear that rowdiness is not permitted at our public beach areas barrie landmarks publisher ClASSlFIEDS 72824 The Simcoe Hotel was built by Michael Shanacy In the Second Empire or Mansard style It has the rootline so typical of this style Other examples are the Lount Castle on Castle Drive and the house corner of Cook and Coll ingwood Streets This triangular form that fits the site so well did not ap pear until l876 Drawing courtesy of Local Architectural Conservation Ad visory Committee Your business Hy VINCENT EGAN Business and Consumer Affairs Analyst Thomson News Service Whatever impact the election results may have on the value of the Canadian dollar it is virtually certain to be less than the effect of the movement of the US dollar in relation to other currencies In the volatile markets in foreign exchange one remarkable phenomenon of the past 18 months has been that our dollar is much less affected by domestic developments such as the election than by the strength or weakness of the American dollar Suppose that unfavorable news about US trade flows weakens the American dollar in Europe says Dykes Wilford of the Economics Group of Chase Manhattan Batik It might be expected that the dollar would also depreciate against the Canadian currency But the pattern of the past few years indicates that just the oppOsitc will occur The US dollar is likely to strengthen against the Canadian dollar even as loses against virtually every other currency Thus news that weakens the US dollar against European currencies leads to an even greater depreciation of the Canadian dollar in Europe and hence to an appreciation of the US dollar against its Canadian coun ter irt SlBSTIIlTION This phenomenon has been called the currency substitution effect Heres how it works as Wilford explains it in the current issue of the Chases newsletter International Finance Consider multinational firm holding portfolio consisting of US and Canadian dollars atid Japanese yen we want your opinion Something on your mind Send Letter to the Editor Please make it on original copy and sign it The Examiner doesnt publish unsigned let ters but it you wish pen name will be used Include your telephone number and address as we have to verify letters Because of space limits public interest and good taste The Examiner sometimes has to edit condense or reject letters Letters to the Editor are run every day on the editorial page Send yours to letters to the Editor The huther Put Ofï¬co 1370 IAIIIE Ont NM 4T6 How our dollar is linked to US If US and Canadian dollars are regarded as good but not perfect substitutes for each other in this portfolio then it is likely that the portfolio manager will want to hold the two currencies according to some desired As the US dollar gains relative to the yen he will move from yen to US dollars But to keep his USCanadian ratio steady he must also purchase more Canadian dollars Thus both currencies will gain against theyen IN TANDEM Experience has shown that during periods of weakness in the US dollar the Canadian dollar has tended to be even weaker But when the American dollar has strengthened against European currencies the Canadian dollar has appreciated even against the US dollar The relationship is not exact to be sure Wilford concedes since announcements or events relevant specifically to Canada can have direct bilateral effects on the exchange rate between the two countries But the currency movements cannot be explained only by such events It is unlikely that over the past 18 months new information on the bilateral determi nants of the USCanada exchange rate so closely corresponded in the same direction with periods of general US dollar strength and weakness CHANGE TIIE NAME Wilfords explanation of the paradox may be correct although no doubt some people would reject it in view of the sharp decline in the foreignexchange value of our dollar in late 1976 after Quebec elected socialist secessionist government under Rene Levesque But if his explanation is valid it could revive an old contention that our unit of currency should be named something other than dollar in order to distinguish it from the US currency and change the popular notion that the two dollars should really be of equal value and that the foreignexchangc value of our currency should be expressed in more international way as for instance in relation to an ounce of gold bible thought And without controversy great is the mystery of godliness iod as manifested in the flesh justified in the Spirit seen of angels preached unto the Gentiles believed on in the world received up into glory Timothy 310 Here is the cycle of Gods creative power as related to the birth of Christ Because some cant understand or believe how it happened doesnt mean that it didnt He came He died He arose He lives forever and is coming again BUSINESS EDITOR Craig Elson managing editor lanMulgrew city editor Bill McFarlane wire editor NEWSROOM Dave Fuller Claudia Krause Stephen Nicholls Dennis Lanthier Nancy Figueroa Lori Cohen Richard Thomas Stephen Gaucr Gary Forbes Betty Armor Terry Field Peter Hsu ADVERTISING Len Swlck manager SALES Aden Smith Bert Stevens Wayne Hay Steve Skinner rBarb Boulton CLASSIFIED Peggy Chapell supervise Freda Sninner Dana Homewood Janice Morton BUSINESS Marian Gough accountant Delva Mills Vikki Grant Brenda woods CIRCULATION Bill Halkes manager Steve White assistant manager Andy Haughton Alva LaPlante Lisa Warry Elaine Porter Cheryl Aiken CDMPOSING ROOM Jack Kerney foreman Glenn Kwan asst foreman Don Saunders Lorne Wass WIII Cadogan Stan Wray BIII Raynor Ed Allenby Janie Hamel Susan Kitchen RonGilder Barbara Strlgl PRESSROOM Don Near foreman Fred Prince asst foreman Harris Blanchard Published daily except Sunday and statutory holidays WEEKLY by carrier 90 cents YEARLY by carrier $4680 BY MAIL Barrie $4680 SIMCOE COUNTY $3900 MOTOR THROW OFF 341503 year ELSEWHE RE IN CANADA $4100 year The Examiner is member of TheCanadan Press CPI and Audit Bureau at circulations ABC Only the Canadian Press may re publish news stories at this newspaper credited to The Associated Press Reuters or Agence France Presse and local newsstores published in The ES xamlncr The Examrnor claims copyright on all original news and advertising manrial created by its employees and published in this newspaper Copyright registration number 701515 requIvr National advertlsmo offices 65 Ouren St Imonln AM lilo 640 atmth Sf Montreal The advertiser agrees that the publisher Shall not be imhlt for damages arts m9 out of errors in advertisements beyond the Amount mm for space tually occupied by that Dorhon of the nuvlrtmnmrnt in wtmh thr error or curred whether Such error due lo ttu mollqrmr at uvymll or olhtr wise and there shall be no lmhIIly for non uniHm of In mtvrrlmrnt 7266537 xb Parliament Hill By STEWART MacLEOD Ottawa Bureau Thomson News Service As this is being written before the polls close on election day perhaps its good time to glance in the direction of Quebec City and the misfortunes that are beginning to make life miserable for Premier Rene Levesque His own personal honeymoon with his bride and his partys twoyear honeymoon with the Quebec people both seem to have ended about the same time The premier knew priorto his postmarriage trip to Paris that cracks were beginning to appear in his Parti Quebecois but its doubtful whether he had expected the unpleasant scenario that awaited his return The decision of cabinet minister Robert Burns the chief architect of Levesques The world today By JOHN IIARBRON Foreign Affairs Analyst Thomson News Service The signing of major trade agreement between the Peoples Republic of China and the United States last week emphasizes again the role of China as new world trader In Canada which has been trading directly With Peking since the late 19505 and now in the United States this role is seen largely in lt1erms of what China needs that we can sell to er But foreign trade is twoway street and the Communist Chinese in turn must find world markets to earn the foreign exchange to pay for massive new development plans With Canada the balance of trade has mainly been in our favor since the Chinese could not possibly supply an industrial nation like ours with equivalent goods in exchange for billions of dollars in wheat sales Communist Chinese exports by comparison have been mainly agrarian products some antiques and curios canned goods of special Chinese gourmet foods hardly enough for robust twowa trade Nevertheless Chinas top trade officials are preparing to compete wi 5h many of her Asian neighbors in areas where China can supply even cheaper fabricated goods This will take place in textiles both primary and secondary to compete with countries like Taiwan South Korea Japan and the Philippines where we thought the rockbottom had been reached in textile production costs CHEAPER THAN HONG KONG But no textile industry management in the British crown colony of Hong Kong admit that China can produce similar goods much cheaper because Chinese workers earn one fifth the salaries of those already paid in Hong Kongs cheap labor market SCOOPS MUST WARN YOU CHARLES WOMAN WHOS USED TO BrianMarr entire legislative program to call it quits might not in itself have shocked the premier But his generous offering of unhelpful comments surely came as sur prise Although Burns and Levesque have never seen eyetoeye on party philosophy all disagreements were carefully shielded from thepublic But now just month before the Parti Quebecois meets to draw up its referendum plans Burns announces his retirement from politics citing reasons of illhealth And while there is no reason to question the basic cause he has had heart problems in the past some of his departure comments clearly indicate that other factors were in volved CRUCIAL TIMING And thetiming was significant It was Burns who organized the PQs campaign to China emerges as world trader China too will enter the profitable light manufacturing areas chiefly in the production of electronic circuitry for Western and Japanese consumer and industrial electronic equipment And again it is already clear that Chinas immense pool of workers will be able to manufacture these if thats possible cheaper than Taiwan and South Korea Business Week magazine quotes Tsai chairman of Taiwans Garment Industry As sociation which accounts for $32 billions in textile exports there is no way to compete with mainland China on price The Communist Chinese will also compete for Asian tourism with China already an exotic alternative to Japan Thailand or Bali in Indonesia But the Chinese desperately need more and modern hotels with plans in the works to build 150000 more rooms by 1985 in conjunction with American and European hotel chain operators Indeed the only reason Chinese tourism cannot expand is because limited Chinese facilities as well as still small pool of in terpreters cannot cope with all who would like to visit Nevertheless Chinas mainly Asian competitors will have substantial time gap before the Peoples Republic become their major contender That huge Chinese work pool must be taught how to put together circuitry make textile products which Westemer will want to buy build the hotels and expand the railways and airiine facilities IEKINGS DETERMINATION But the commitment is there Peking is buying tens of billions of dollars in Japanese and Western technology and is determined the huge Asian Communist state will continue to pay its way fllE EXPENSIVE THlNGï¬ IN beyond the amount pmd tor surh Arlvlllimrvunl Honeymoon may be ending for troubled Rene Levesque defeat Liberal Leader Claude Ryan in Argenteuil He failed miserably as Ryan swept to office with an incredible 65 per cent of the vote And now Burns was being viewed as kay figure in the forthcoming Congress on the referendum With this crucial meeting in the planning stages it seemed strange time for Burns to allow himself to be quoted as saying that the PQ would lose the referendum on sovereigntyassociation He later modified this to say he was referring to an immediate referendum not on in the future In any event his comments forced Levesque to agree that an immediate referendum on the sovereigntyassociation is sue would be rejected by the Quebec people The premier added of course that once his government had an opportunity to explain our visi of the future am sure we will win the referendum The Burns resignation which wont be effective for several months caps two month period which has not been encouraging for the Parti Quebecois And the difficulties seem to have arisen as the party which was elected in 1976 on the issue of good government turned its attention to the independence issue and the forthcoming referendum It was much easier to keep the party unified when there was preoccupation with the everyday problems of unem ployment inflation and housing VIEWS DIFFER But there is no common approach to the issue of Quebec independence Levesques pragmatic program has been to dilute the option of outright independence to two stage referendum starting with mandate to negotiate sovereigntyassociation with illitawa Not all members of the PQ favor is Earlier this year Pierre Bourgault one of the founding members of the party told cheering crowd in Laval that it was time the premier stopped beating around the bush The former head of the Rassemblement pour lIndependence Nationale said the objective of the Parti Quebecois is the independence of Quebec and nothing short of that would do But about that time poll conducted by the Canadian Broadcasting Corporation in dicated that 51 per cent of Quebecs people would give Levesque mandate to negotiate sovereigntyassociation with Ottawa while only 19 of the same people favored outright independence Since then however Claude Ryan entered the Natinal Assembly with his program for renewed federalism and the Parti Quebecois was also soundly and surprisingly defeated in Quebec City byelection There have been increased rumblings of discontent from the grassroots level of the PQ and now comes the first split at the cabinet level There was this revealing quotation from Robert Burns Friendships are lot more temporary in politics than in the union movement In the union movement Ive got friends who last forever and had no fear of turning my back and getting knifed Its not like that in politics Comments like that clearly indicate the end of honeymoon FOOD ENERGY HOUSING From the legislature Oil shortage in Ontario Hy DEREK NELWJN Queens Park fturesm Thomum News beryl IUltUNff lht ymolt blllflfflla style oil abortagmz yr maw an no longer be diarrnsvxd fantasy That been rltar fur amm orrnnouz revrt ll fallmg prwfmtion antp thrrnaa the media tut Energy Mumr larmn Auld in very careful statement to the legitlaure here laid it clearly on the line First he auggthd ha inh gaylint and home heating oil witper lvzk 211 for at least most of thin year tu hedge his bets by adding that only long Vard now As result fuel oil malt to be closely monitored this coming writer and it will re qum reasonable can to prevent the need for allrxztion or rationing And while Auld didn say ll the likelihood of shortages here Will depend to some degree on how much or how little overseas oil is imported into the Atlantic provinces NOT ENOUGH An energy crunch there will mean the diversion of the western Canada supplies that fuel Ontario as governments try to spread the burden of any shortages across the country As Auld did point out our basic problem is that Canada is net importer of oil and there is no really reliable source of crude oil on the international market Part of the solution is obvious The response in this country must be policy of selfsufficiency in crude oil by 1995 at the latest Auld said The alternative could inevitably be oil shortages allocations and rationing And the road to selfsufficiency is national plan that would involve the federal government the provinces and the oil in dustry NEW FIELDS This would include the extension of oil pipelines to eastern Canada and the opening up of new fields in frontier areas and the western tar sands All of which is reasonable and Ontario government policy But it does leave out two other factors The footdragger in this scenario is the federal government which prefers something called selfreliance meaning imports from secure sources in Oil to self sufficiency Premier William Davis had few chOice comments about that policy when he was In Calgary recently to address the Canadian Petroleum Association NOTHING THERE When you break through the shell of advocacy to the meat of their policy it is clear that the proposal dealt With our current and future petroleum shortage by pretending that there is no shortage Thats going to have to change DaVis warned irrespective of which political party forms the federal government Until we achieve selfsufficiency in 1995 we must use nuclear gas and coal to aSSist in the transition period to alternate and as of yet less than costefficient energy sour ces In the meantime its going to be nearrun thing whether or not we make it through the next few years without gasoline or heating oil shortage lirftk as urld oil Backgrounder Nuclear victims 20 years later By RONALD CLARKE St George Utah Reuter People in this small Mormon community are still paying the price of living in the path of radioactive fallout from atomic test explosions 20 years ago The former US Atomic Energy Com mission tested more than 80 atomic devices in the atmosphere in neighboring Nevada in the 19508 and the 19605 sending radioactive red clouds floating over this town Nearly 650 legal suits claiming more than $1 billion in compensation from the US government have been filed by people in this area alleging the radioactive fallout caused cancer and other related diseases These are tragic circumstances but the town also suffers in other ways the execu tive director of the local Chamber of Com merce Arthur Anderson says This is vacation town the gateway to beautiful state and national parks but many many people have expressed anxieties about coming here because of the fallout General Motors planned convention here of mobile home enthusiasts Corporation offi cials told me eight distributors including one as far away as Florida cancelled when they found out where the convention was to be held HURTS TOWN Anderson who came here from California five years ago says publicity over radioactive fallout could damage the towns livelihood People who have fought to obtain govern ment compensation for the cancer and leukemia victims here dismiss Anderson and other business representatives who have expressed similar fears as XIMPORTS They werent around when the fallout was coming down harming the people and the government was keeping silent about the dangers says Irma Thomas 72yearold housewife Federal officials have insisted there is no evidence to link the number of cancer deaths to the atomic tests deputy assistant general counsel to the department of health welfare and education Donald Gonya told recent congressional committee in Las Vegas Scientific uncertainty makes it very difficult to calculate even probability that particular illness is radiationinduced