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WIN TOP HONORS I Judo fighters Bill Gribben and Ray Wilson of Oshawa won top honors at the eighth annual Quebec Judo Cham- pidtiships in Montreal. Mr, Gribben, left, was runner- up in the tourney, losing to i Mr. Wilson in the final bout. Mr. Wilson also won the tour- mament last year while an- other Oshawa man won in 1962. Mr. Gribben and Mr. Wilson are members of the Maple Leaf Judo Club in the JUDO TEST MO (CP)--The ques- ' }tion of what's in Ivan's bread city. Leo Haunsberger, presi- dent and coach of the club, said 12 Oshawa men were among the 300 competitors from eastern Canada. Mr. Gribben was runner-up four years ago. Both he and Mr. Wilson wear brown belts. Slashing Seen Inevitable In U.K. Defence Spending ' By HAROLD MORRISON Canadian Press Staff Writer A slash in Britain's overseas def pending now appears), inevitable as the Labor govern- ment seeks to rid itself of the economic harness demanded by the Allies in return for the $3,000,000,000 pledge in support of the British pound. For the moment, the pound is out of danger. The pledge of}; support from the 11 central banks, including Canada, com- bined with other resources available to Britain, have re- moved the fear of sterling de- valuation. But James Callaghan, chan- cellor of the exchequer, knows he has only won a breathing spell, not a final victory. Brit- ain must quickly put its eco- momic house in order. It must find ways of building up exports rapidly, even at the expense of British consumers and it must find some way of reducing its abroad, aside from i i t t from which there cannot be ex- Walsh Clicks On On Thursday, Callaghan gave Parliament a hint of what is in store. By going "cap in hand" to the bankers of other countries 0 find support for the pound, he had curtailed his freedom of action. He now finds himself in a position from which any chan- cellor would want to escape as quickly as possible. Top priority is to be given to creating new forms of export incentives. The whole range of government spending abroad, including defence commitments, s to come under "'strict re- view." And skilled manpower and resources tied to what he described as "prestige projects" s to be freed to help build up he exports drive. While Callaghan gave no de- ails, his aides suggested the British government now spends about $1,500,000,000 a year abroad. Part of this is tied to diplomatic and other missions tracted many speedy savings-- except in the defence field which takes the administration's spending. about one-half A large part of the current foreign defence outlays is tied|not to the 50,000-man British army|weight in defence of the non- on the Rhine; to the support of| Communist world. jebass box should concern Canadians 'Jas much as it, presumabty, does the Russ jians, The national industrial con- ference. board said Thursday the extent of Canada's future wheat sales to the Soviet Union hinges largely on a new em- in Russia on consumer needs, and population growth. Btcause of these increasing "internal needs,' Russia would conceivably be forced to ship less wheat than in the past to other Iron Curtain countries. These Iron Curtain countries, the board notes, "may be forced to turn increasingly to Canada to fill their wheat re- ments. This was the gist of an analy- sis on future Canada - Russia trade made by the board, a United States - based, indepen- dent research instilution fi- nanced by business and indus- try. ie report was compiled by the board's Montreal branch office, and released here. Russia's poor 1963 wheat crop, attributed to an unusually cold winter and dry, hot summer, forced smaller Iron Curtain countries to cover some of their requiremtnts with Canadian wheat, the board said. Poland, Czechoslovakia, Bul- garia, East Germany and Hun- gary agreed to purchase more than 130,000,000 'bushels of Ca- nadian wheat for shipment over Purchases by Russia ac- counted for 40 per cent of all wheat shipments by Canada during the 1963-64 crop year which runs from Aug. 1 to July 31, one month behind the U.S. crop year. EASES PROBLEMS The board said Canada's rec- ord wheat year in 1963 helped ease the country's balance of payments problems. It noted that for the first time in more than a decade wheat has re- placed newsprint as Canada's largest export commodity. With 1963 shipments. worth Russia's Consumer Needs |Of Concern To Canadians sober realization that costs will have to be kept in line if Cana- dian wheat is to remain compe- titive in world markets in the THE OSHAWA TIMES, Fridey, November 27,1964 17 tinue shipments through 1966|uation," the board said. years to come." ie ponees) agreements. ie analyst ee Canada also sells wheat to/Canadian wheat for some time, Red China -- about 41,000,000)/however, and bushels in 1963-64--and will con-|factor in the current wheat sit- tion in the history grain trade--'is being felt pri- marily this year." "An experience like the 1963-64 crop year cannot fall to buoy up the spirits of farmers and government officials alike," thé report said. "But underneath remains the prssecente NOW IS THE TIME TO PICK YOUR LOCATION 1-2-3 Bedroom SUITES @ PENTHOUSES Complete with Indoor Parking @ Rental Information by appointment only. 723-1712 728-2911 The Ultimate in Luxury Living G@ORGIAN a three-to-four year period. mansions 124 PARK ROAD NORTH; OSHAWA for... FOOD VALUES Glecoff's Friday and Saturday Specials! VICK'S BACON [ SEAMLESS MESH VAPO-RUB 39¢ | 21.001 55¢ GLECOF F'S| NYLONS 1 pound VATRO-NOL FREE PARKING @ FREE DELIVERY WITH ORDERS OVER 10.00 military bases from Gibraltar to: Malaysia and to the purchase of Polaris missiles for Britain's new sea-based nuclear force. POLARIS FORCE When Prime Minister Harold, Wilson goes to Washington Dec. 7, he likely will seek to per- suade President Johnson that Britain should be allowed to re- duce purchases of the proposed Polaris force or stretch out the commitment. At Ottawa he may urge Prime Minister Pearson to take on a bigger defence commitment in the Commonwealth, perhaps in the West Indies, in order that Britain's own burden may be reduced. At home, Britain's joint proj- ect with France to build the costly Concorde supersonic air- craft may be terminated or stretched out--again to reduce costs and free British man- power for other work. Even Britain's army on the Rhine may be in for a trim- ming, though this may raise new murmurs among the Allies that the Labor government does intend to carry its full T. K. CREIGHTON, Q.C. Choirman of the Boord Honeymoon Retum TORONTO (CP)--Eric Walsh, M-year-old jockey from North Sydney, N.S., who took Tuesday off to get married, came back Thursday and rode three win- ners at Greenwood. This gave him a total of 24 wins for the meeting, tying him with John Leblanc of Rogers- ville, N.B., for second place, three behind leader Wayne Har- ris of Vancouver. Walsh rode winners in the first two races, finished out of the money in the third and came back to win the fourth. He married the former Pa- tricia Gismondi, 21, of Buffalo. Mr. Brutus and Susie's Ro- man combined for a $67.40 daily double. The quinella of Cocktail Date NOW HERE'S AN EXCELLENT GIFT SUGGESTION Make her work load light with a TAPPAN-GURNEY AUTOMATIC DISHWASHER Ask about Our 6 Month De ferred Payment Plan. MILLWORK & BUILDING SUPPLIES LTD. and Reefwaith paid $15.20 in the fifth race. - 1279 Simcoe North, Oshawe 728-6291 OPEN FRI, TILL 9 P.M, Leads the pa rade ( RESERVE in true value Corby's KE ROYAL Viiye Mppiish Y AGED AND MELLOWED IN WOOD SAY CORBY'S FOR THE GOOD CLEAN TASTE OF [TRUE] CANADIAN WHISKY ELECTION OF OFFICERS - OSHAWA, CENTRAL ONTARIO TRUST & SAVINGS CORPORATION ONTARIO At a recent meeting of the Board of Directors of Central Ontario Trust &. Savings Corporation, the following Officers were elected: J. A. YANCH, Q.C. Vice-Chairman of the Boord J, W. 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