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sie. aera aces get a a tebe. wes inna Ph "ae pil ll CAB bet, eat 2a 2. THE OSHAWA TIMES, Pridey, October 15, 1965 | FES : m= | RAGS - TO - RICHES BIOGRAPHY Thomson Once Promised, Atlantic's Conduct | Faulted By Report Governor-General's Post By KEN sMiTH __|. "Mr. Woolfrey apparently re- n Press Business Editor|ported to the president, nad-no; , if ; TORONTO (CP)--A confiden-|credit authority and all loans LONDON (CP)--Lord Thom- son, in a rags-to-riches career studded with victories and some i rt prepared three|were either approved by the pelt gail FS gf tat deal At-|presifent or directed to be er eee ol 3 lantic Acceptance Corp. found|made by the president. disappointments, once believed Stawe § represe jhead read," concluded Thom- that practices and procedures; "The day-to-day handling of John Diefenbaker would ap- "Roy, acy er theleo™ who still loves to haggle considered "normal and neces-|the accounts was left to Wool- point him governor-general of| ¥, Would you: accep jin market places around the Canada. : appointment of yen - geN| world, This unfulfilled hope is re-¢al of Canada? | It wasn't all easy. Some of sary in the conduct of a com-/frey, =, george? busi:) There appears to have been counted as a mere incident in| ..%¢%:" jhis early ventures, such as at ness" w . | i F om. NO re- " y i . v 8, ° The report, prepared by OE ge om te yar ta the dynamic, wealth-producing we ok as gh ca tempting to farm in Saskatche- eral Acceptance Corp. for Mont-|..6' made available with re- life of the former $5-a-week Tor- bit clne,"" 8 lwan, turned into disasters. As real Trust Co., appointed re-|-ect to delinquency of prin- onto clerk in a new biography,|*"htr Oe ours, biog-|tis fabulous success in newspa- ceiver and manager of Atlantic! -inai or interest or the condi- _ |Roy Thomson of Fleet Street, s her Braddon noted, Thomson|Pe deals absorbed his atten- aftdr it defaulted on some debts}; f th ts or the re- jto be published by Collins in|'@P : jtion, he lost a marked degree in Bune, was filed Thursday Steed oaliatersi" ee | [Britain and Canada next. week,|"° oar bee Riyal aig ity Be intimacy with his family, The an Ontario Supreme Court hear-| | In the process of accumulat- Peon pr ng Scianatak « the| Pursuit of separate fortunes ing on a bid by GAC to take' CITE AUDITS j , P J ing one of the world's most, .+ pyc josie It was|Split the deep friendship and over part of F oce gd + ge The report says GAC's inves-| Z i, Me a j sie productive publishing and cuite a ay rs : lclose partnership between tions. It was dated July 14. 'tigators saw no evidence of any . Y P |broadcasting empires, now val- if ' _'Thomson and former Toronto The report anys that when At: detailed accounting or verifica- Min p e é 4 : jued at an catimated 9908.8 000, FF gr enelg wro(tadio tyeeon Jack Kent Cooke, lantic first got into trouble GAC 4; rocedures carried out by) z ' % j omson yearned to be e jnow a U.S. citizen. one 4 ee | with what he regarded as the : jemerald of social acceptance, ; } could spring from disasters, to : an ee h aglhsdcgge ed one ah retains to do oper-| new pinnacles of fortune, In the| In Britain, Thomson's inva- * jthe British nobility. But biog- jernor's drawing room, Diefen-,Royce parked around the cor- baker, then prime minister; is ners ; reported to have questioned) «anyone who doesn't buy at Thomson about filling the role|qiccount or at sales needs his jg sion was considered an imper- after a quick check of some 0 new pinnacles of fortune: i ie he a Atlantic's operations, "'it came evident that there was probably no equity. to be ac- quired." The 21-page report, kept se- cret until filed at the hearing, deals éxtensively with Atlan- tie's commercial financing busi- ness carried on by subsidiaries, Commodore Sales Acceptance Ltd. and Commodore Factors Ltd. "Our representatives had a difficult time obtaining any sat- isfactory current information on several of the accounts in this category," it says. 'NO CONTROL' "There is a paucity of credit information and, as far as we were able to ascertain, no real financial control over this op- eration. "Moreover we could find no evidence of credit granting or lending policies or limitations on the amounts of loans per- mitted to be made to any one borrower." ae It says the two subsidiaries were operated by A. G. Wool- frey. The report, which noted ear- lier that Atlantic's president then was C. Powell Morgan--| who later resigned--adds: On Whether He' PARIS (Reuters) -- Charles| de Gaulle is maintaining the suspense about whether he will contest the Dec. 5 French pres-| DeGaulle A Silent Frenchman "On real estate, machinery or ©-lother types of fixed-asset loans, | apparently no. appraisals were obtained and there was no evi-| dence on file of the value of the loan collateral." Many legal and lien docu- ments were missing, although some were said to be in the} possession of Clarkson and Co.,| working with Montreal Trust. | In the London, Ont., office,| GAC found industrial loans on which no payments had been) |made for years and the collat- 'eral was either gone or value-| less. 'We believe this branch will sustain a loss of at least $300,000 in this category." At the St. Thomas branch, losses of $100,000 were antici- | pated in retail loans repre- sented by home improvement! and dairy herd loans. About $225,000 more would be lost on large and industrial loans. At St. Catharines, losses of $290,000 were forecast for large and industrial loans because of; high delinquency and poor col-| lateral. 'Apparently there is additional home improvement paper in this branch which was originated there and on which another $100,000 loss probably will be sustained." ten | Nine smiles from nine lovely young ladies who competed Wednesday night in the preliminary contest for the "Miss Oshawa 1966" title. The event was held at the Zellers' store in the Osh- awa Shopping Centre. Stand- ing from left to right are: ll Run Or Not To date there are four other) candidates. The moderate con-| servative Senator Pierre Mar- cilhacy has no party backing. idential election with a mastery Mary Anne Azzopardi, a 19- NINE BEAUTIFUL LADIES --ONE WILL BE MISS OSHAWA proud holder of the Miss Ajax Firefighter and Miss Ontario Volunteer Firefight- er titles; Jane Skalin, 18, of Bay Ridges, this year's Miss Oshawa Fair; Sharon Brown, another Bay Ridges girl, aged 20, a runner up in the 1965 Miss Metro con- test; Nadia Kononow, aged | jnadian | tt avi ® Overcast With Showers © | Milder Today, Saturday this picture are contestants Jackie Petterson, 18, of Ajax and Rosemary Conlin, 18, of Mary st., Oshawa. Final contest will be held at a dance at the UAW Hall, Friday night. The winner will have a place in the "Miss Canada' contest. Martha Frankfurter, an 18- year-old from Glencairn st., Oshawa; Lorna Williams, an 18-year-old arts student of Elizabeth st., Oshawa; Jean Arlene Schultz, also 18, of Ritson rd, s., Oshawa; Darla Young, 18, of Ajax. Seated centre, Diane June } | Erie, rapher Russell Braddon noted that as long as he retained Ca- citizenship, Thomson could not be given a title, no matter how skilful his sales- manship or his ability to dis- sect a company balance sheet In July, 1961, the zestful, hard-driving descendant of im- poverished Scottish sheep farm- ers and border raiders, who quit school at 14, was installed at the! age of 67 as chancellor of Me- morial University of Newfound- land, OFFER BY DIEFENBAKER Later, in the privacy of the |Newfoundland lieutenant - gov-'for an overcoat sale, his Rolls- | WEATHER FORECAST Canadian citizenship before, in/|tinance. 1964, he became it, first Ca-|brook, another Canadian who nadian-born peer in almost ajbecame a newspaper peer, was quarter-century, Baron Thom.-\quoted as once describing son of Fleet, of Northbridge in|Thomson as "a little guy" who Ithe City of Edinburgh. owns "a lot of little newspa- STAFF WAS FRANTIC IDES: ; Even events surrounding that But in his farewell address, elevation to the peerage sym- before he died last year, Bea- bolized the essential character-|Verbrook, with a touch of slat- listics of this multi-millionaire tering admiration, urged Thom- |who could not resist bargaining.|S0" to take up a new career at The day after his barony was)0Cce- British publishers had lannounced, Thomson's staff be-/been "so agreeably placed un- lcame frantic. For the first time|til he came along to disturb the jin his career he failed to show waters of tranquillity. up for work on time. Where was he? Lining up downtown Behind this label... TORONTO (CP) -- Official forecasts issiied by the weather office at 5:30 a.m. Synopsis: A warming trend was well in progress across the province early today, This warmer weather will continue in southern and central sections|St. Catharines..,, \of the province into next week. |There is every sign of a pleas- ant weekend favouring most lo-|Trenton ... calities across the province. Lake St. Clair, Western Lake Windsor, few scattered showers and chance Lake Huron, London: Cloudy with a Lukasywich, 20, of Mitchell of a | Forecast Temperatures |Low tonight, High Saturday: |WINdSOr ..csccceee |LONGON .isovcees Kitchener .sssssee Winghim ... Hamilton .......6 +8 Wine you'll enjoy! Toronto | Peterborough |Kingston ..cccsees {Muskoka North Bay.....0.. Sudbury *.cccceceee thundershower clearing ithis afternoon. Winds south 15 x leader, worthy of a Hitchcock movie. The Farmers' Party | Practically all political lead-/Paul Antler, doesn't have the) ers of all parties now consider! official support of the agricul-| it gas that he will run), ay organizations, The ex: | again. jotta : iL treme right-wing candidate } Yet official spokesmen at the tian. Tete Viewnomest, 10! ave., Oshawa. Not shown in 22, also from Bay Ridges; --Oshawa Times Photo year-old from Ajax and the CURLERS WANTED at Bowmanville Curling Club P.O. Box 190, Bowmanville MEN ---AFTERNOON WOMEN and BUSINESS WOMEN ICE RENTALS NOW AVAILABLE AT REASONABLE RATES HERE and THERE --_--|becoming light this afternoon.| itario,, Hamilton, Vi presidential Elysee Palace in- .| |scattered showers and chance| charge of press, radio and in | sist on keeping up the mystery.|/UtURY or in the Petain puppet jof a thundershower today. ' | tion, and more . now are "equally bal-/German occupation, | MONTREAL (CP) Jose-|Oct. 1, becomes effective Nov. J ae jrecently hates Saree By HAROLD MORRISON _phasize that Smith's idea of es-/ phat Brunet, whose recigiagonit | Northern Georgian Bay, Hall They claim that de Ang -- "or : LONDON (CP)--The British nena 4 de ae ine os as director of the Quebec Pro-| No successor has been chosen ieibeiy: "hale taveting Hag , has P , ./serve Rhodesia's link wi el vinci ic | s : | president since 1958 government will reject any sug vincial Police was announced)/pyt Mr, Wagner said he hoped|: tea chawera this. wttemnocd| Francois Mitterand, 12 times a The majority who want him|cabinet minister in the 25 post-/Robert Menzies go to Salisbury) But Wilson would be prepared|resignation was "'a major dis-|ment spokesman said there are|,; : : | to run again argue that dejwar governments that preceded alone, an informed source said to listen to any suggestions thelagreement" over promotionS|seyeral candidates for the post, Haht this evening. | Gaulle alone can carry to a con-\de Gaulle's return to power. Hel rhursday, [mission brought back from Sa-|with Quebec Justice Minister) «sy decision to resign was, southern White River, Al-| at-\lisbury, always on the basis Claude Wagner. based on b sation ot difficulties | S02: Rain ending this morn- , ' ling. Partial clearing this after-| ership. and some of the radicals. jof open rebellion: by the minor- wealth matter but an issue be-|Brunet's resignation in Quebec lity white regime in Rhodesia,|tween Britain and a colony on/City and said it had been ac- ieee SNE jhas proposed that Smith accept|which a British decision must cepted by the cabinet. The re cpg pada ops pebbegenry gl a few showers this afternoon. ja mission of Commonwealth| prevail. lignation, submitted by dptter) oe '/Clearing tonight. Winds south- INVOLVED PROMOTIONS east 15 becoming light tonight. Northern White River, West- Season Begins Monday, November Ist e e PP Di t oa, P : Niagara, Eastern Lake Erie, | Britain Opposes | irector Quit: Post, * ° e They tell reporters that the rea- : M M : ang government set up during the! enzies 1ssion |Winds southwest 15 to 20 be-| not Tia. ti cision. i i ueen in the event of independ-| i j iat yet made his ultimate de gestion from Rhodesian Prime| Pp Thursday, said in an interviewlone 'could be named within Sicnd clouting tis evening. clusion his policy of independ-jhas the backing of the Commu-|" prime -Minister Wilson, Mr. Wagner announced Mr./which accumulated over the aotn. Winds leHt. prime ministers in the hope of 'Southern Georgian Bay, Lake Blaming Rift With W sons for standing again and for} {coming light tonight. The candidate of the left is, Yov. 22. Mi i sirjence, would have no validity, | sons hoc He will be 75 Nov |Minister Ian Smith that Sir) Y- that one of the reasons for his|week or two. A justice depart-| Winds south 15 te 20° becoming ence from American lead-nist party, the Socialist party :.mpting to head off the threat\that this was not a Common- years and frustrated me in my Cochrane: Rain tapering off \finding ways of reopening ne-| When Centre Street Unit- ed Church marks its 134th anniversary at a special morning service next Sun- day, the featured soloist will be Don Allman. * op Hollywood comedy writer | Zeno Klinker opens the Kings- | way College 1965-66 Lyceum series tomorrow evening with a talk on 'The Conquest of Air and Space." orous movies on man's ventiveness in the air. The program includes everything from the Wright brothers to rockets. The program begins at 8 p.m. On November 13 the Lyceum series will pre- sent the Singing Boys of Mon- terrey. This famous Mexican choir will present a concert of national songs Oshawa Fire Department spent an easy day yesterday with only two minor fire calls One was to the City Dump to extinguish blazing garbage | and the other was to 295 Gibbons st., to douse a blazing garbage pail. City ambulance Mr. Klinker | will present a variety of hum- | in- | Albert Street United Church | weit be celebrating its 52nd. | Anniversary' on October 17th | with the Rev. R. L. Rumball, B.A., B.D. as guest speaker at both the morning and even- | ing services. Mt. Rumball holds a unique position as minister to a silent congrega- tion -- the Evangelical Church of the Deaf in-Toronto.He-has been the pastor of the On- tario Churches for the deaf for the past 9 years, serving 17 small Mission churches and now the large church in Tor- onto with a congretation of j over 300 persons who are without hearing Mr. Fred C. Malloy, chair- man of the Oshawa Har- bor Commission has been elected a director of the Ca- nadian Ports and Harbor Association. Mr. Malloy ac- cepted this new reponsibil- ity at a recent annual mect ing of the Association held in New Westminster, B.C. and will be. Central Can- ada's representative on the board, the governing au- thority of all incorporated lgotiations between London and the self-governing colony. Smith now is replying to Wil- son on the proposal. In a Salis- |bury television interview Wed- nesday he said the Australian prime minister would be wel- Nurse And Social Worke iments nih ae Wasnt em sunny intervals today. Rain At Starvation-Death Trial OTTAWA (CP)--Social work- }come in Rhodesia at any time, ers and a nurse testified Wed- |but as for other Commonwealth'nesday in the starvation-death|told them this but several chil-|the suggested promotion list. our trial of two parents that they|dren had interrupted to say all) "In the time I have headed jleaders, some of them are lopenly.--declared--enemies'?and lit would be '"'mad" for the Rho-| desian government to accept advice from them. While Wilson. has not dis- closed what countries might be represented on the mission, in- formants have indicated they would include Nigeria, Zambia and Ceylon as well as. Austra- lia. iNEITHER WOULD AGREE The informant said neither |Menzies nor the British govern- jment would agree that Menzies go to Salisbury alone, He would jhave to be accompanied by other mission members The mission would have no constifutional powers. It would merely try to impress on Smith the gravity of hitthreat to seize independence without the ap- were --neser --allowed-to._ see three - year-old Gary Edward) The children were hushed by|brought Craig in the months before his death. The testimony was given at the trial of James Craig, 39, and his wife, Muriel, 40, whojday that Gary died of starva- were charged with criminal negligence following the death! of their son--one of eight chil- dren--last Dec. 17 Mrs. Jean M. Roberts and Peter Yarema of thé Children's|to see Aid Society testified that they visited the Craig home several times without seeing Gary, Theysaid Mrs. Craig told them all eight children were well. ing the names of higher echelon lofficers on the force which, Mr. Brunet said, Mr. Wagner re- fused to approve. | The day before Gary died,| Mr. Brunet would not identify |they said, Mrs. Craig had also|the senior officers mentioned in I_-believe Ihave many improvements, |their mother who said Gary was/|but over the years, I have not away at her sister's, they testi-/been given the funds, personnel fied. jand equipment I felt necessary Testimony Tues-|to better reorganize the force. "The- continuing situation was |tion. lquite frustrating most of the Margaret Gavard, public|time. health nurse, told of weekly vis-| its between May and December in which she was not allowed | Gary. She said Mrs | Craig would tell her Gary was isleeping upstairs. All three witnesses were shown photographs of Gary's body taken at an autopsy ;werewell-except.Gary, the.force was given Good Names To Remember When Buying or Selling REAL ESTATE Reg. Aker--President Bill MeFeeters--Vice Pres, Schofield-Aker Ltd, 723-2265 ern James Bay: Cloudy with a |persisting near James Bay until jafternoon. Winds east 15 becom- ling light tonight. : | PHONE: - 623-2670 or 623-5848 CENTENNIAL CITY of OSHAWA PUBLIC NOTICE The-Council_of the City of Oshawa has directed the Parks, Pro- perty and Recreation Committee to take the leadership for pur- pose of organization of a City wide Centennial Program for 1967. A meeting is therefore called for OCTOBER 21st, 1965 at 8 P.M. in the COUNCIL CHAMBERS, 5th FLOOR of CITY HALL to which all interested groups and citizens are invited, Letters. will be sent to all organizations inviting representation. ports and harbors in Can- ' ada proval- of the British Parlia-| {ment, It also would try to em-' answered three routine house At sea and ashore! When you flick on the lights tonight think about The Excelsior Life What's The Excelsior Life got to do with home lighting? Plenty, because for the past 75 years The Excelsior Life has been reinvesting a portion of your premium dollars in building Canada's future--for example, helping to finance -hydro-electric_developments, housing, schools, highways and other useful services « Lights are on all across Canada this evening, as The Excelsior Life representatives and staff salute their company's first business day .. . October 15, 1890. Our future is bright tonight, as:it was three-quarters of a century ago, as we embark on another era'of active service in Canadian life insurance. Your ownership of Permanent Personal Policies of Life Insurance, as well as Health Insurance, Group Insurance and Pension Plans, will help brighten your life and protect your family « The Excelsior Life under- writer in your community represents a 75-year "young" company. He's a good man to know +ask for his advice soon, He can't work in the dark. ' "ie EXCELSIOR LIFE Srusurance i NAVY RUM Dark) PALM BREEZE WHITE CAP | (Very Light) (White) Please keep this date in mind. : Signed --~ Alderman A. H. Murdoch, . | : Chairman Central Ontario Branch, Oshawa Shopping Centre, 725-4758