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6. THE OSHAWA TIMES, Tuesdey, April 6, 1965 Securities Commission Asks More Power Over Exchange TORONTO (CP)--The only, way the Ontario Securities Commission could influence the Totonto Stock Exchange would be to threaten to use its "atomic bomb'"--closure of the exchange itself, says the chair- man of the OSC J. R, Kimber, appearing Mon- day before the legislature's needs stronger powers. The commission has no con- trol over the TSE but informal discussions are taking place between the two over the list- ing of companies on the ex- change, he said. During his period as chair- man no stock had been delisted by the exchange because of a suggestion by the securities commission. Mr. Kimber agreed that abuses creep into stock offer- ings by unlisted companies whose sale of securities is con- trolled by the OSC. IS IT CRAP GAME? Ross Whicher, former Liberal), mission can prevent the com- pany from selling any more stock, HAS NO JURISDICTION However, after a company has completed the sale of its securities, the securities commission has no further jur- isdiction over the management of that company. Stephen Lewis, New Demo- cratic Party health critic, told the legislature the case history Carey Victory Not So -- U.S. WASHINGTON (AP) -- The U.S. labor department said Monday that James B. Carey lost his re-election bid for presi- dency of the AFL-CIO Interna- tional Union of Electrical Work- ers even though United States trustees declared him the win- ner, The department said its in- vestigation showed that Carey's oT t, executive board financial critic, said there is a feeling across North America that the Toronto Stock Ex- change is the biggest crap game on the continent. He asked how the public] could be protected against fly-by-night mining stocks. Bev. Lewis (PC -- Toronto Humber) asked the commission chairman whether directors of a mining company could ¢ell stock to the public and make a fat living by eating up the money in salaries and over- head. "They might get away with it once," Mr. Kimber said. "They only need once," re- plied Mr. Lewis. Mr. Kimber said that if a mining company doesn't use money for explorations as laid out in its prospectus, the com- practices in the election of the trustees, who had declared Carey the winner over Jen- nings. member Paul Jennings, won the election by 23,316 votes. However, the labor depart- ment said it has no labor law authority to order Jennings in- stalled as president or even to go to court with that aim. A spokesman said its only power is to ask the federal courts to set aside the election and order a new one, The trustees had declared Carey the winner by 2,193 votes out of the total of more than 130,000 cast in the election. The labor department said there was serious miscounting of the ballots and false report- ing of the yotes. It also said there had been questionable of one disturbed 18-year-old girl shows governmental callous- ness, ignorance and neglect of emotionally disturbed children. He said her family, who adopted her in a Northern On- tario centre when she was three months old, have been search- ing unsuccessfully for help for her since she was six. : An official of the health de- partment's mental health) branch said several years ago that nothing probably could be done for the girl until she had actually broken the law. She now is on probation and a magistrate said that if she reappeared before him there would be nothing left for her but prison. COULDN'T HELP HER "All the government's proud boasts of its fine services," Mr. Lewis said, "cannot hide the fact that it was totally unable to help one young girl who might have been saved." The medical officer of the Mercer Reformatory for Women in Toronto, Dr. W. H. Hills, has been replaced in line with a recommendation from the advisory committee of the By ARCH MacKENZIE Canadian Press Staff Writer United States policy in South Viet Nam has been likened fre- quently of late to the carrot- and-stick pritciple. Hit North Viet Nam with the stick of air power, the theory runs, but hold out at the same time enough carrot to encour- age the Communists to want to discuss a meaningful settlement. As with many theories, how- ever, harsh realities intrude. In North Viet Nam, no sign of wil- lingness to talk is evident. China sticks to its steely line. The situation bears the seeds of the much broader war that President Johnson has said re- peatedly he doesn't want. Day by day, the American aerial stick is being applied harder against the north, and is being hit itself, accellerating the whole war tempo. The U.S. faces steady exter- nal pressure, 2nd some from within, to apply more carrot. PEAKSON WANTS PAUSE This is the background to the official reaction given to Prime Minister Pearson's pro - carrot proposal for a "measured pause" in air strikes "at the minister of reform institutions, Allan Grossman. | Mr. Grossman said there is} no question of Dr. Mills' pro- fessional competence, but) there has been critisism of his} 'brusque'? manner. The minister's advisory com- mittee investigated the reform- atory after a grand jury cas- tigated it in a report last fall. The committee dismissed most of the grand jury's criticisms but found that the medical of- ficer was unpopular with pris- oners. The legislature's only woman member, Ada Pritchard (PC-- Hamilton Centre) said Monday she has visited Mercer and found nothing wrong with it ex- cept that the building is old. Mr. Grossman read a report right time." He had prefaced that proposal in his Philadelphia speech Friday with the belief that after two' months of such| air strikes against the north, the message of U.S. firmness has U.S. Hits, Offers 'Carrots' But China Not Too Hungry meeting Saturday at Camp David, Md., indicate marked U.S. sensitivity to the situation. So do impressions of Johnson's reaction to press questioning. The key word has been "cool- ness." Another factor in this reaction is attributed to the timing of the Pearson proposal, which fol- lowed by two days a call by 17 non-aligned countries for an un- conditional start to negotiations. REPLY IN WORKS But while the U.S. has long resented what it feels to be a lack of moral support among its allies for its Viet Nam struggle --Britain, Australia and Canada are the exceptions--it still has to deal with the various peace proposals. WIGLESS JUDGE BLUSHES LONDON (CP)--Judge Sam- uel Edgedale apologised to Lam- beth court recently for appear- ing without his official wig. "I left it in a taxi," he explained. 'NO NEWS TODAY'--BBC LONDON (CP)--For perhaps the first time in history, a BBC news reader said, "Here is the news," and found he had noth- ing to say. Eight minutes later announcer Sean Kelly inter- rupted a magazine program, to read a spare copy of the mis- laid script. been received "loud and clear." Officially - inspired American reports of the Pearson-Johnson| ae een tcvesdnindlercnnamseig | made by a public school inspec-| tor in 1963, before the grand| jury made its report. | The inspector said Mercer * "a most convincing. recom-| mendation for the modern en-| lightened philosophy of crimi-) nal reform." | The grand jury later declared| Mercer is in no sense a reform institution and that its name should be changed to Mercer women's jail. Ford Of Canada Exports To N.Y. OAKVILLE, Ont. (CP)--Ford of Canada has started exporting 400 cars a month to dealers in upper New York State, the first time the company has shipped to the United States, the com- pany said Monday. Ford is the second Canadian car maker to announce its in- vasion of the U.S. market fol- lowing the signing last January) of the free-trade. auto agree- re between Canada and the us Chrysler Canada Ltd. said last week it will build 80,000 o. in 1966 for export to the U.S. General Motors of Canada said it has no comment imme- diately on its export plans. A Ford spokesman deelined to say whether the company has any plans to step up its exports. | JAMES | O"MALLEY! Construction Ltd. 723-7122 | @ Homes @ Additions 1 ! @ Offices @ Remodeling 1 MEL KRUGER REPRESENTATIVE SUN LIFE Assurance Company of Canada BUSINESS: 725-4563 HOME: 723-7900 Ex-Marine Pleads Not Guilty To Double-Mutilation Slaying NIAGARA FALLS, N.Y. (AP) A former U.S. marine pleaded not guilty Monday to two charges of second-degree mur- der in the stabbing-mutilation of two Canadian-born sisters. Wayne Drankwater, 21, of Ni- agara Falls, N.Y., was held without bail by Judge Nunzio) Rizzo. The case was adjourned until Friday. Drinkwater was accused of slaying Alva Maracle, 17, a pu- pil at Niagara Falls High School, and Amelia Maracle, 20, a domestic. Both are from Niagara Falls. William Hunt, assistant dis- trict attorney, said the girls were stabbed Sunday in Drink- water's apartment, where the trio had been drinking and lis- tening to records. The body of the older girl had| 13 knife wounds and that of the other girl seven, said Eugene F. Ingram, Niagara County cor- oner. The fully clothed bodies of the girls were found in the liv- ing room. by .Drinkwater's fa- ther, Elmer, 45. He shared the apartment with his unemployed son, who had been discharged|} from the marines in February. ..HERM, Channel Islands (CP) This small British island, one of a@ group off the French coast, will issue a memorial stamp for Sir Winston Churchill May 9, the 20th anniversary of the Channel Islands' liberation from German occupation. THREE COMBS TO WIN? SWINDON, England (CP) -- Hairdresser John Piff has in- stalled a slot-machine game in " his Wiltshire shop to keep wait- , ing customers amused, Winners get a free haircut. RECORD PLAYER REPAIRS FREE Pick-up end Delivery @ ALL MAKES e Call 723-3867 A happiness to share? Call Long Distance, the next best thing to being there. '|-QUALITY - SERVICE "DOWNTOWN" OSHAWA EASTER A&A Su 86 These "DOWNTOWN MERCHANTS" Cook's Office Equipment rplus Store Simcoe St. Aldsworth Cleaners Angus- 36 Athol St. Al's Bi-Rite 35 Simcoe St. N. Graydon Carpet Co. 282 King St. W. Bassett's (Oshawa) Ltd. Jewellers 1 Simcoe St. S. 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