The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

| She Oshawa Zimes Published by. Canadian Newspapers Limited 86 'King St. E., Oshawa, Ontario - T. L. Wilson, Publisher THURSDAY, AUGUST 8, 1963---PAGE 6 Demand On Currencies Worry Many Economists Canada's balance - of - payments problem has long been chronic. Britain has repeated payments crises since the end of World War II, And for the past several years, the United States has had an in- creasingly severe payments prob- lem. Thus both the dollar and the pound, the main instruments of international trade transactions, have been threatened -- a threat which could destroy international stability. More and more economists are pointing to the need for stronger international organizations for cur- rency stabilization and _ credit supply. This is the view expressed in a recent study by the Brookings Institute in Washington -- a view opposed by some U.S. financiers and the U.S. Treasury: The Christian Science Monitor discusses the dif- ferences thus: Perhaps the main difference be- tween the viewpoints advanced in the Brookings study and those held, for example, by Robert V. Roosa of the Treasury is that the aca- demic and research people are looking farther. ahead and farther around the world than are debt managers and metropolitan bank- ers, whose natural concern is with deficits of the next 'year or two. What concerns the economist of the global outlook is that the very measures which orthodoxiy are necessary to cure the United States gold drain before it becomes dan- gerous to the dollar are measures which will tend to reduce or at least to limit liquidity - (roughly, the supply of money and credit) in other parts of the world. And that liquidity will need to grow -- very rapidly -- if it is to support the volume of international trade to be expected within half a decade. The Brookings staff, for in- stance, believes there will be a 35 percent increase in world trade by 1968; there probably should be to improve or maintain standards of living and economic growth. But unless there is by that time some international organization capable of marshaling weatth where available and _ supplying credit where needed, there may be periods of stress when demands on the dollar or on other nations' cur- rencies will be more than can be satisfied -- especially if each nation adopts trade and fiscal policies de- signed to shelter its own reserves without regard to the needs of others The report recommends that the United States "immediately" begin to press for creation of interna- tional financial mechanisms that will help to carry countries, in- cluding the United States, through relatively short-term balance of payment difficulties without dras- tic restrictions on their domestic economies. Aftermath Of Scandal The mora! indignation and mor- bid curiosity generated by the Pro- fumo scandal in Britain have ob- scured -- at least until now -- the legal aspects of some off-shoots of the affair. Many distinguished jurists and legal authorities in Britain are worried by what ap- pears to be government pressure on the courts and the police The Profumo case had its origins in the Vassal! scandal. Vassall was convicted as a spy. Two news- papermen went to jail because they refused to reveal the sources of their information concerning Vas- sall's activities. The Lord Chief Justice, in dealing with the report- ers, stated that "the citizen's high- est duty is to the state", a highly questionable comment in a demo- cracy. There are fears that the Ward case was rushed-to get the govern- ment from under a cloud as quickly as possible. Then there was the sudden reversal of a conviction against a man charged with as- saulting Christine Keeler, star witness against Ward. The Lord Chief Justice, again, quashed the conviction after a nine-minute hearing on the basis of "new evi- dence". But the new evidence was never made public. Several members of the British Parliament have announced they will ask some probing questions of the government when the Commons reconvene. It would seem they have good reason for questioning. Lesson For Government Government, even when it has the political power to back its ac- tions, is not above the law. That is the vital principle reaffirmed by the decision of the British Columbia Supreme Court that the provincial government's 1961 takeover of the B.C. Electric Company was an ille- gal act , The government did not buy out the company in-the usual sense of that word. It simply took over the company's assets at its own price by an act of the provincial legisla- ture, and later attempted to sus- tain its position by legisiation prohibiting court action without government consent. It was a high-handed procedure that showed 'no regard for law or for property rights, the kind of thing that spawns dictatorship. She Oshawa Times L, WILSON, Pubdiisher GWYN KINSEY Edito > # or to The ond cisco the local rights of specin! des. Thomson Building 425 University Offices. Toronte 640 Cothcort Street, Avenue Montrec!, P.O SUBSCRIPTION RATES Delveres Oshawa Pic alt Ontario by carriers in 2.00 per year. Other Countres 15.00, outside corres Celivery areas Provinces or Commonwealth USA. end foreign 24.00. The court's ruling that govern- nents must act within the law is of the utmost significance. Other Editors' Views HE'D DO IT AGAIN (Vancouver Sun) é The second of two reporters jail- ed in England last March for refus- ing to divulge news sources in the Vassal spy case hus been freed. On his release, Brendan Muhol- land was quoted as having said: "I would refuse to tell again." Mr. Mulholland's attitude is gratifying and we wholly support him. We hope that any newsman who finds himself in a similar position will continue to uphold the unwrit- ten but vital long-cherished tradi- tion of the unidentified source. The question is whether the people and the nation can best be served by freedom of the press or by control of the press by govern- ment or court. : We believe history that freedom of the press: is the answer. shows Bible Thought i will ransom them from the power of the grave; | will redeem them from death: O death, I will be thy plagues. O grave, I will be thy destruction: repentace shall be hid from mine eyes. -- Hosea 13:14. When we place ourselves in God's hands, we will find Him to be the one suilicient for every emergency which arises. 'NOW, LET'S TAKE IT FROM THE START' REPORT FROM U.K. Old Shipbuilding Company Quitting By M. MCINTYRE HOOD Special to The Oshawa Times GLASGOW, Scotland -- The shipbuilding industry on the Clyde received one of its most serious blows yet when it was announced that one of its most famous shipbuilding firms, Wil- liam Denny and Brothers, had applied to go into voluntary liquidation. This means the clos- ing down of the shipbuilding yard which was established by the Denny family at Dumbarton 119 years ago, and which nor- mally employed about 2000 men YOUR HEALTH The Denny shipbuilding firm was one of the British con- cerns pioneering in the de- velopment of the Hovercraft. It is one of the company's D2 Hovercraft which is at. present operating on the River Thames at London, carrying passengers up and down the river as a tour- ist attraction ABSENCE OF ORDERS The board of directors of Wil- liam Denny and Brothers made the announcement in the fol- lowing statement It's Not Patient That's TB Danger By JOSEPH G. MOLNER, MD Dear Dr. Molner: My hus- band was recently released from a tuberculosis hospita! A couple. we considered among our best friends has stopped as- sociating with us. My husband and I are very hurt. Whai's your opinion?--Mrs, G. H. Of course you are hurt, but you must realize that your friends, or "former friends," are the victims of ignorance A patient is not released from a TB hospital until he or sae is known to be non-infectious X-ray studies show whether the disease is retarded or ar- rested. After this come more exacting examinations Sputum is studied under the microscope. It also is tested in laboratory cultures to see whether the TB germ is pres- ent, Concentrated "24-hour spu- tums" are similarly studied These are collected over a length of time to avoid the chance that a single specimen might give a negative response, while another a few hours later might be positive. Sometimes stomach washings are also ex- amined as a further safeguard The result of such testing is that the discharged TB patieat is safer to be with than the per son who may sit next to you on a bus or in a theater The transmitter of tubercu losis is not a person who has just been released from a hos- pital, but one who asumes that he is well and nevertheless, has the disease without knowing it As an added point, the for mer patient is required to re- port for routine testing for a considerable time after dis- charge. This makes sure that the disease has not become re activated, or that it has not been cbntracted again So far as that is concerned, I am certain thal you, too, as the wife of a. former patient have been tested repeatedly fear from you or him, and I hope they see this article and learn some facts which, obvi- ously, they have not known Dear Dr. Molner: Is it true that skim milk is harmful un- less some sort of oil is drunk with it? Can I use mineral oil on the skin as a sun-tan property?-- Mrs. W. L. J. There's no harm in drinking skim. milk--and anyway, you get fats (or oils) from other diet items: meat, salad oils, butter etc Mineral oi] may cause some thickening of the outer layer of the skin if used over a jong period of time. As a- sun-tan preparation, it is all right un- less you have a very sensitive skin Dear Dr. Molner: What about carbon tetrachloride to remove Spots from clothing? I've heard it is harmful to some peopie Is this true?--Mrs. W. J It's a good cleaning com- pound but is potentially dan- gerous if exposure is teo great It can cause serious illness. Be ure you have plenty of venti- lation to prevent inhaling the fumes. If you have wounds or broken places in the hands, wear rubber gloves Note to Z. L.: If you have a veneral disease, the biood test would show it, so stop worrying fhe board having considered the present position of the com- pany and also the :uture pros- pects of shipbuilding and mar- ine engineering, have decided that in the absence of remuner- ative orders there is no' alter- native left open to them The amount of the surp'us available for distribution will depend on some extent to the company's investment in its. subs diary, Denny overcraft, Limited." HEAVY LOSS In its financial statement for last year, Denny's showed that it had incurred a trading loss of almost three-quarters of a .mil- lion dollars. The development of the Hovercraft project has. so far cost the firm 'more than $900,000, with no return yet in Sight for this investment While the Denny shipyard is 119 years old, it is now one of the most modern on the river Clyde. Five years ago an ex- tensive program of moderniza- tion was completed, at a cost of $3,600,000 Since then, however, apart from work on the Hovercraft which was built at the Leven shipyard in Dumbarton for Den- ny Hovercraft, the firm has had only one large contract, that for a $6,000,000, 3300 ton ferry boat for New Zealand. The firm has suffered greatly because of the lack of orders for ships of .ub- stantial size, a complaint now ! too. common with British shipbuilding yards In the early years, the Denny shipyard. was famous for the clipper ships it . produced, among them being the fameus "Cutty Sark', which is 'now on exhibition at Greenwich on the Thames TODAY IN HISTORY By THE CANADIAN PRESS Aug. 8, 1963 The Battle of Britain be- gan in earnest 23 years ago today--in 1940 -- with the German Luftwaffe making a giant effort to smash Brit- ain's defences and set the country up for invasion, But though badly outnumbered the Royal Air Force mounted a defence that downed 1,733 German raid- ers by the end of October This great loss was too much for Germany and daylight raids -- the recog nized preliminary of the Blitzkreig -- were aban- doned 1935 -- The Soviet Union declared war on Japan 1815 --Napoleon sailed for exile in St. Helena THE FOREST ...or the trees? .. which do you see? Recent tax proposals by the U.S. and Canadian Governments have shaken the confidence of investors, De not be misled by short-term considerations into hasty decisions which could sacrifice OTTAWA REPORT Your 'friends have nothing to PICTURE FRAMING SEE... Walmsley & Magill 9 KING ST. E. -- OSHAWA your long-term investment objectives. Canada is a land of unbounded natural wealth. Our leading natural resource com- panies--in nickel, copper, iron, aluminum, uranium, gold, water power and forests, oil and gas-- will continue to grow along with the every-increasing needs of the world. JH Crang Go. Meimbers: The Invesement Dealers' Association of Canada The Toronto Stock Exchange 22 King Street East, Oshawa RAndolph 5-3591 A. R. Garren, Manager Sidelights Noted In 'Off Season' By PATRICK NICHOLSON OTTAWA--One of the 9.oud- est and happiest homeward- bound MPs was Bert Leboe, Social Credit member for Cari- boo, B.C. Included in the fam. ily which he escorted home to Prince George was is four- week-old Ottawa - born eighth child, Mr, and Mrs. Leboe aad their children are well known as a close-knit loving family; they have just celebrated their 27th wedding anniversary; but in their unusual jumble of gen- erations, they already have four grandchildren. TOURISTS SEE SIGHTS Parliament Hill is chuckling over the story of the hometown boy. who made his name. A little old lady from Saskatoon was touring Parliament Hill; she spotted a face which some- what resembled a familiar face back home. So she confidently walked up to the tall grey- haired stranger, and said: "Why, bless my soul; you must QUEEN'S PARK be the brother of Elmer Dief enbaker of Saskatoon." QUOTE OF THE WEEK "I was never any good at mathematics,"' ex-finance min- ister George Nowlan confessed to the House of Commons, HOUSE TO REMEMBER His Excellency Hans Gasser, the newly - appointed ambassa- dor of Switzerland to Canada, has just given his first big re- ception for his friends of Ottawa and of the diplomatic corps. Seldom or never has Ottawa seen a house furnished wih such distinction and taste. The whole embassy has been trans- formed by the arrival of Mr. Gasser's furnishings, including his impressive collection of por. traits in oil, rare sets of books in French old-tooled leather bindings, and beautiful arrays of German chinaware and china figures Canada is sometimes said to have a civil service unexcelled in the world It certainly does Government Can't Force Settlement By DON O'HEARN TORONTO -- One's always being surprised here at the lack of knowledge there is of the law, and of the machinery of gov- ernment. A few days ago the press was full of speculation that the "government" would act in any threatened Toronto General Hospital strike. The stories said it would en- force compulsory arbitration, The stories were in good faith --but quite wrong Not that the government wouldn't act to avoid a strike. But on its own it can't en- force compulsory arbiration or actually do anything else that will avoid a strike. Only the legislature can do this. But you can't blame anyone, including 'the union, which re- portedly inspired most of the speculation, for not knowing this There wouldn't be very many people in the buildings here who would have been alert to his Same point -- in fact there weren't when the writer checked up on it. There are 6,259 pages, exclu- sive of index, in the five vol- umes of the 1960 Revised Sta- tutes of Ontario. Each one of them covers a number of points of law. Who could possibly know them all? NO LEGISLATURE? A situation on which the law isn't known because there isn't any is what would happen if a Strike were called when there was no legislature This could happen during an election campaign. The !egisila- ture has been dissolved. And there can't be another until one has been dlected The government wou!d want to act--as it certainly would in the case of a general hospita! close-down But it would have no authority to do so. The General tion has brought this to the attention of - authorities here. And its not unlikely that at the mex session some powers may be given the government to act Hospital situa- in situations of emergency when there is no legislature in exist- ence NO STRIKE? It's not expected here tuat the Toronto hospital situation will reach the strike point. This is on the assumption that both the union and the board of governors will do anything to avoid this. It's taken for granted that if one is called the government somehow or other will bar it. But at this sage nobody could tell you what the somehow or other was likely to be not move with incautious speed. I have just received a letter from the department of public works; as is customary, it was not stamped, but bore the frank of the deputy minister of the department. The signature on this frank is '"H, A. Young." But General Young retired from that post more than four months ago. To continue to use that outdated frank is sloppy and invalid. MEMORY LINGERS ON Even worse, Ottawa is still compelled to use a government telephone directory dated Apri} 1962. Two general elections have been held. since that date, and a government has fallen. As an aid to telephoning any cabinet minister, the direciory is useless. Even the section listing MPs is misleading, since nearly every one named in that directory is now defeated, de- parted, dead or displaced. Any well-administered private busi. ness would at least have issued a supplement updating the par. liamentary section of the diree- tory MOVING TIME Mike Starr, former minister of labor, is the only ex-cabiaet minister whose household has not been disturbed by defeat. Mike alone of the Tory cabinet did not establish at least a part. time Ottawa home; he has al- ways made the short trip to Oshawa every week end, and left his family there. Ex-health minister Monte Monteith has quit his rented house here and moved into a new apartment; George Hees passed his apart- ment over to Liberal agricul. ture Minister Harry Hays; Pierre Sevigny is selling his Ottawa home and moving back to Montreal; John Diefenbaker Switched homes with Mike Pearson, moving from the prime minister's 'residence to that of the leader of the opposi- tion. A. few who are still MPs continue to live in houses which they had bought here, but those who used to enjoy chauffeured transportation and even army cars must now do without that. CHANGES ROLE The Ontario lands and forests department's new park at Neys on Lake Superior was the site of a prisoner-of-war camp in the Second World War. BY-GONE DAYS 30 YEARS AGO The Ernie Cay Lumber Com. pany opened for business in premises at 80 Athol street east. Announcement was. made that a cairn would be erected at Thornton's Corners in honor of the late Rev. Dr. R. H. Thorn- ton A heat wave made the tem- perature soar to 98 degrees in the shade Citizens of Oshawa were ask- ed to donate musical 'nstru- ments for the Oshawa people who had moved to Northern Ontario as part of the provin- cial plans to alleviate the de- pression, The Rotary Club re- sponded generously. Mure! Goode, owner of the Port Perry Bottling Works which had been destroyed by fire, announced that he. would rebuild the business. Rev. H. G. Crozier of Picker- ing was elected president of the Rural Life Conference of the United Church at the session held in the Ontario Ladies' College William Bumett, well - known Oshawa cyclist, began a good. will trip by bicycle to Califor- nia HIRAM WALKER'S Col. J. B. McCormick, Gov. ernment Wharfinger at the Osh- awa -harbor, stated that more GMC cars had been shipped by water in the last three months than had been shipped in the previous three years. Mr. and Mrs. W. J. Luke of Whitby celebrated their 50th wedding anniversary. M. F, Armstrong and Son, bad a the C. N. Henry house at 124 King street east for a new funeral home. The house was built for William Eaton. Oliver Hezziewood, former prominent Oshawa __ resident, died at his home in Toronto at the age of 71. William Tennant and V. B. Woodruff of Oshawa and horse- men throughout Ontario offici- ated at the Canadian National Exhibition horse show. Mr Tennant was appowted Veterin- arian and Mr. Woodruff acted as official starter at the speed trials. Over 1,440 children were regis tered at Rotary Playground and Swimming Pool. Juniors, with 871 registered, formed the big- gest class, with 311 in inter mediate and 260 in senior. GOLD CREST Hera Walker Sone