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For research projects, the council will support the sala- ties of research and clerical assistants, the purchase of equipment, materials and sup- , travel and other essen- tial costs, collec: to Assistance for lib cover all fields of study in the U.S. NEEDS MINERALS The United States now is self. sufficient oniy in coal and a few minerals, and must import iron, tin, nickel, asbestos and other industrial necessities, founded in 1914, alms to unite descendants of. the people nt sacrificed their homes to come te Canada in the war of 1775-1783 to remain loyal to the British Crown. The organization has 'about|__ $00. active members in branches at Adolphustown, Ont., Calgary, Toronto, Hamilton, St. Catha- rines, Ottawa, Vancouver and program includes $500, 00 "otted for mr paps | library collections and add tional funds for major research projects, The program was announced by Council Chairman Jean Mar- tineau of Montreal at the close of two days of meetings here by the 2l-member board. UEL Prexy Looks To The Maritimes | HALIFAX (CP) -- Yernon'€. Jones of Toronto, president of the United Empire Loyalists As- sociation of Canada, said Mon- day he hopes to create new in- terest in the Maritimes among 18 THE OSHAWA TIMES, Wednesday, August 18, 1968 US.Buck, Once Steadfast Is Now A Problem Child $1 Million Help '.:#" For Humanities SASKATOON (CP)--~The Can- ada Council plans to spend more than $1,600,000 over the next. year to 'aid the humani- ties and social sciences at the tions is being "HOME-NUASING" By 6AM DAWGON NEW YORK (AP)--The U.S. be suddenly is getting wide publicity as an ational Fi pe it's been sought 'or 20 years it's n after ay other countries and re- fa as good as Bao And it 6 been -- duty. , at home it takes care of of currency and credit. needs business and individuals , And second, a surplus of dollars in foreign hands has been the medium for settling accounts among other nations, It's still doing @ good job, 60 why is the dol as function of ng the wheels of industry trade rolling at home and shread being increasingly ques- tioned? The answer is that other countries are worrled because the United States has switched this year from sending over- seas a steady stream of dollars Which has financed world trade since the Second World War. Instead, it is pushing an effec- rr drive to bring dollars back ome. This international stream of money -- as "euagal _ be dry! wily CHANGE "STAND? y has Washington sud- denly changed its previous stand that the international monetary system is working all right, and now proposes that world financiers study plans for finding néw, or sup-| Plomentary, mediums of inter-| Wational exchange? answer may be that the United States is wearying of being banker to the world if that increasingly means de- fending the dollar from specu: lative attacks, These take the form of drains on U.S. gold reserves and of rumors from time to time that the dollar epeuelly may have to be de-| "a right now the dollar! ty, | 000,000 has some home work to do, It must help keep the domestic economy growing by being available in sufficient quantity and by being above reproach. year since 1957 the U States has been sending from $2,000,000,000 to $4,000,- more abroad than it has been getting back. Some of this surplus found its way into official reserves of govern- ments and their central banks, Huge amounts are held by for- ¢ign commercial banks and pri- vate corporations, This long bulidup of surplus dollars was a chief tool, first in the revival of war torn E , and of late in the in- dustrialization of other coun- tries and in development of their resources and economies, But the steady outflow of dol- lars finally got the U.S, into trouble, In the started turning thém In for gold and its price rose from the official $35 an ounce to $40 on the European free markets. Washington tried various means of curbing this outflow of dollars and encouraging aj; greater roturn flow, But. the deficits continued, So big was the gap in the opening weeks of this year that President Johnson persuaded American banks to curb loans to foreign: ers and U.S, corporations to cut. back their dollar invest. ments for expansion abroad, The deficit was held to $733,- 000,000 in the first three months of 1965 and in the next three months a surplus of about $200,000,000 was achieved. At the same time, the total of reserves of gold and key cur: rencles held by the countries outside the Iron Curtain dropped fall of 1960 skit-| by. $400,000,000, after. years of tish holders of surplus dollars) rising steadily, SAVE 1,11! PRESSED LEATHER 17" BRIEFCASE Han three pote then lock, trlvenen! jeatherette plastic Special AND SAVE 1.79! GLABINATION PACK BINDER @ Part © EX. BOOKS DIVIDERS oe 3.56! 27 Complete! cal tare PENCIL POUCH Compare at 2.501 12 rubber tipped peor! pencils, 6" wood ruler, pencil sharpener, 2 eras ers, 2 ballpens and 6 col- pro te pencils, ws vinyl P GYMNASIUM COLE Complete! in'a@ PORTING GOODS FORMERLY $ PORTING bO0DSe humanities and social sciences. To qualify, universities must maintain an active program of post-graduate teaching and re- vearch in the areas for which they request support. The new program to ald the humanities and social sciences at universities is in addition to country's universities, The council said Monday the ald is necessary to allow Ca- nadian universities to compete with those abroad for first-class scholars dn these fields, WILSON'S ° descendants of the loyalist fam- ilies who came into Canada at the time of the American War of Independence, He said the orga ization, the council's program of fellow: ships to individual scholars an nounced last month. Mr. en mer 20 CHURCH STREET Annual Mid-Summer WAREHOUSE 7 MATTRES BUNK BEDS WITH SPRING-FILLED MATTRESSES. COMPLETE, FROM Serta Ortho -- Rite Deluxe Quilted Mattresses SG 5 COMPARE WITH 89.50 -- HALF PRICE $37 Sealy Smooth Top Mattresses SOLD FOR 69.50--WHILE THEY LAST Smooth Top MATTRESSES Wes 49.50 -- All sizes -- Hurry for these, Spring-Filled MATTRESSES | © | 3 ALL SIZES, HUNDREDS OF COILS. Continental Mis-Matched Covers, Pre-built border, 10 year querentes. Sold for $79.80. Clearence Sale SMOOTH TOP Continental BEDS BDomerk Ticking, oe ee Excellent velve! SPRING-FILLED CRIB MATTRESSES Water repellent vinyl cover... .. WILSON'S MATTRESS PALACE 20 CHURCH ST. 723-3211 Winnipeg. - "We used to have active mem- bers in the Maritimes but the branches here became defunct," Call a V.0.N. Nurse 725-2211 "Home-Nursing Care for EVERYONE" Jones said in in an interview. TO-NITE Hundreds of Oshawa residents will sleep on mattresses that belong in the City Dump. Well, here's your fabulous oppor-¢ tunity to buy thet new mattress you've wanted for a long time. At prices never before offered, Com-) plete stock must be cleared in 3% ; DAYS, THURS.-FRI.-SAT. AUG-I 19th, 20th, 21st, Put them on top tam of your car, borrow or rent a truck-- carry 'em home on your backs, But® whatever you do -- HURRY, ; NOTE: MANY ONE OF A KIND, SOME SOILED, SOLD AS IS AT THESE PRICES, ALL STOCK MUST BE CLEARED % BEDFORD Featherweight and many more X TOP SELECTIONS! X BIGGEST VALUES! X EASIEST TERMS!