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, JOUrNANN, MAING AIVCNES, FO--- at tne Bast~ Westiexchange would unimagina- women's editor of another|German autobahn orenbin gine. or " Frankfurt borg Ml newspal point at Herleshausen, In Bonn a spokesman for the was exchanged for Alfred Fren- West German president's office zel, serving 15 years for spying |DOUBTS EXCHANGE said Frenzel ous have to be for Czechoslovakia. But her own newspaper, the/»nardoned by Presid fh Frenzel, 67, a former Social|Frankfurter Rundschau, said in Paobke cds i. peck g pgp Democrat deputy in the Bonn |its Tuesday edition that such an |changed. SPRUCE VILLA HOTEL "yg. THE OSHAWA TIMES, Tusedey, December 27, 1966 BUSINESS SPOTLIGHT Tight Money Pressures Greater Un Near-banks i : Spy Exchange Pope On Historic Journey, | 4 Bae Looked Tir ed, Voice Strong FRANKFURT (Reuters) -- A West German newspaper says Saturday night he made the a woman journalist released from a Soviet prison over the \rirat trip 20: Florence by @ Pove Christmas weekend was _ex- in luv years, vuring nis ing. en-| ss visit, aimed at bringing en-|™" border for a Communist couragement to flood victims, 5 West German court in Ap 1081 fav hatravine military crets, There was no official confi mation for the newspaper' VATICAN. CITY (AP)~-Bope ipam war, the Pope said his Dau! aava tha warld hie hleas.|thoughts went to "that place ing on Christmas Day , and|. . . where the hoped--for ana prayed anew for peage in Viet-|blessed truce of arms ay hao | by "4 what @ sad thing war 1s an The independent Frankfurter "8 DENNIS ORCHARD 'AWA (CP)--The pressure the lending of tight money on activity of financial institution is clearly putting more strain on near-banks than banks. The increase in lending by sales finance and consumer loan companies wa' 10,1 per cent between August, 1965, and August, 1966, report the Dominion Bureau of Statis- tics, The chartered banks in- creased their business 10.7 per cent over the same period, More significantly, the non- bank institutions kept their hand active in the consumer field by sacrificing expansion of their loans to business. Between the second quarter of 1965 and the second quarter of 1966, their combined lending for various. business purposes actually declined almost one per cent, Over the same period, sea- sonally-adjusted totals for the banks show an increase of bet- ter than eight per cent, The tallies confirm the pat- tern of aggressive bank be- havior since 1958, when the Bank of 'Nova Scotia plunged into instalment lending with its had only $421,000,000 outstand- ing in unsecured personal loans while the sales finance and con- sisumer loan companies had $1,127,000,000, or about 73 per cent of the combined total, consumer; By the end of 1965, with the other chartered banks well es- s|tablished on the course set by the Bank of Nova Scotia, the s|share held by the sales finance and consumer loan companies had been reduced to just under 50 per cent, ¢ High point of the banks' ex- pansion came in 1964 when they increased the value of personal loans on their books by 25 per cent, Two reasons are suggested by finance department sources here for the decision by the near-banks to restrict lending to business, From the point of view of profitability, consumer loans re- quire and support more. staff time. These companies will make best use of their person- nel by keeping active in the field, And in the long run, con- sumer lending is much more difficult to build up than busi- ness lending. Letting it sag in 1967 would make a rapid ex- pansion impossible if a period Scotia Plan, » As late as 1957, the banks of easier money comes along. LBJ Recollections nam, Looking tired but in strong voice after an historic trip to Florence, the 69-year-old Ro- man Catholic leader imparted his Christmas noon blessing "urbi et. orbi"--to Rome and the world--before 100,000 per- sons: in St, Peter's Square, He sfid that while the etate lof the world often brought "blind fatalism" to man, he was consoled by the "'effective- as a desirable thing peace 3." He added: "So much pain and so many calamities do not in- timidate today our wishes, but render them warmer and more faithful," SAID MASS 3 TIMES Spring-like weather brought an immense crowd io St, Peter's Square for the blessi he celebrated a long midnight mass in the Florence cathedral Allgemeine Zeitung. says the claim that Miss Kischke was the end of it, | Then he made an unscheduled stop at a "hospital" set up in Florence for flood-soaked art objects, He stopped to inspect the ruined Crucifixion by Cima- bue, a 12th-century painting on pronounced before the Pope cel- ness of prayer." ebrated his third mass of the wood idered the greatest flood loss in Florence's art treasury, and stumbled from fatigue at} (> > > > > > > GD GED aga. aan ' NEW YEARS EVE! ; EVERY YEAR -- THE BEST FOR LESS @ HATS @ HORNS @ BALLOONS In a brief allusion to the Viet- Latest Escape Spectacular Even By Current Standards LONDON (AP)--Nearly 1,000 police helped by tracker dogs searched over the heather- strewn rocks of Dartmoor today for five convicts who broke jail in a multiple escape that was spectacular even by current British standards, e The five scaled the 30-foot prison wall after overpowering two guards and wore only prison shirts, trousers and sneakers on a night of bitter winds and rain. Prison officers said the men were unlikely to have been picked up by accomplices and probably were suffering agonies . exposure on the bleak moor- and, Another three convicts did the day. had escaped from Sudbury open prison in Derbyshire Christmas Eve, It was the mass escape from Dartmoor that shook the prison administration and surprised even Britons who had become used to the series of escapes. There has been jailbreak after jailbreak since Earl Mountbatten last week pub- lished an indictment of Brit- ain's prison system--including a judgment that no really se- cure jail exists here. The five Dartmoor fugitives, all strongarm robbers serving terms ranging from four to 15 years, brought the total number of escapes from the forbidding old jail to 15 this year. The Pope returned to th Sunday .Aides said he nappe 9:45 a.m. to celebrate his sec private chapel. Later, he officiated at Christmas mass for more tha 20,000 persons in St, Basilica, Vatican shortly after 5 a.m, during the return trip and slept at the Vatican before rising at ond mass of the day in his Peter's @ NOISEMAKERS @ STEAMERS Modern & Old Time DANCING 9 P.M, TILL ? '| RED BARN e d [| ADMISSION Couples 6.00 Single Tickets 3.50 REGERVED TABLES Tel: 725-3093 725-0022 (Table Accommodation For 600 People) IZZA Phone 723-0241 or 728-0192 EPI'S The New Management of the ROYAL HOTEL WHITBY Presents This Week The Millionaires 4 Most soothing and exe vocals and music, Top wears Bands. Exotic Dancer ENTERTAINMENT NIGHTLY AND SATURDAY MATINEE 4 TO 6 P.M, FRENCH. BUFFET -- DAILY 12- 12:30 and 5-9 p.m. -- SUNDAY 5 to 8 p.m. Banquets -- Weddings -- Partios -- For Information Phone Whitby 668-3386 Make Your Reservation Now for New Year's Dinner A FEW TICKETS LEFT FOR NEWSYEAR'S EVE, 'S EASON gneerine gpecint Differ From 'Book' fashionable thing late Monday night and slipped away from wishes to extend There are about 600 prisoners New Year's Greetings in Dartmoor, located near the THE NEW YORK (AP) -- News- week magazine says President 'ohnson's own recollection of ion to the presidency differs sharply from the Ken- nedys' "evident perception of it" as related in the forthcom- ing book, The Death of a Presi- dent. The manuscript by author William Manchester -- subject of a suit by Mrs, John F. Ken- nedy and current negotiations with publishers to remove pas- sages offensive to her--is re- ported to tell of friction between the Kennedy group and John- son, The book relates events sur- rounding the Nov. 22, 1963 as- sassination of President Ken- nedy in Dallas. One section is reported to tell of Mrs. Kennedy's shock at find- ing Johnson and his party al- geady in command aboard the presidential plane, Air Force One, by the time Kennedy's =~ 'was borne aboard in a cof- Another section of Manches- ter's book is reported to relate Mrs. Kennedy's annoyance that Johnson repeatedly called her "honey," and what Johnson was told when he telephoned the slain President's brother, Rob- ert F. Kennedy, then the attor- ney-general, for a ruling on whether he should take the oath of office immediately in Texas aboard the plane. Newsweek says in a story in the Jan. 2 issue that Johnson re- calls that the secret service wanted to put him aboard Air Force One with its superior communications gear and to) vice - presidential plane, Air Force Two, which had flown! Johnson to Texas. SAYS LBJ GAVE ORDER "But Johnson ordered the body put aboard Air Force One," Newsweek says, and quotes Johnson as explaining to intimates: "I wasn't going to let Mrs. caseeny fly back alone with his By Johnson's memory, News- week says, Robert Kennedy was not noncommittal about when landed in the area about two miles northeast he should take the oath of office as stated in the Manchester manuscript, The magazine says Johnson's version is that Kennedy recom-|"eight away, two back"' in the mended that he take the oath at |strange saga of the country once. "He recalls telephoning| without a single secure jail. Bobby: 'I hate to bother you at a time like this, but...' and asking for a ruling,"' Newsweek reports, adding: "Kennedy, he said, told him: 'I think you should be sworn in there' but Bobby also said he would check it and call back. The return call came instead from then deputy attorney-gen- eral Nicholas Katzenbach, who advised Mr, Johnson to take the presidential oath at once and dictated its wording to a John- son secretary." Special Probe Of Jet Crash MEXICO CITY (AP)--A spe- cial commission from the civil aeronautics board has been de- signed to investigate the crash Saturday of a Mexican jetliner in which nine persons of the 109 aboard were injured. The Aeronaves de Mexico plane, carrying 101 passengers and .a crew of eight, crash into the rain and mist of the countryside, ' i Leyhill open prison, vanishing lonely village of Princeton in the far west of England, All but 50 are serving long terms, Until Monday no escape from "closed conditions' -- as apart from outside working parties-- had taken place since 1964 Wien jsix men got out, including two That made Monday's score The two who were recaptured who were picked up immedi- ately after dropping over the wall, NATALE ARRIVES You're Invited to our. . - NEW YEAR'S EVE PARTY No Cover Charge ON SCHEDULE | CLEVELAND (AP)-- Eighty years ago in Sicily, Natale Tranchito was born Christmas Day. Forty-eight years later--to the day--his son, also named Natale, was born. Sunday, the second Natale Tranchito's wife, Ingrid, presented him with the third boy in the family to be born Dec. 25, Naturally, he was named Natale. In Italian, "Natale"' means Christmas. "My wife is.funny," said Tranchito. "If she says something is going to be so, it always happens. And I always listen," His wife wanted to give him a son Christmas Day, Tranchito recalled, "She prayed every day. It was though she had a pact with God," a BURT LANCASTER LEE MARVIN ROBERT RYAN JACK PALAWCE RALPH BELLAMY Lake Texcoc of Mexico City International Airport as it approached for a landing. The plane was on a flight from New York and most of the passengers were American tour- lay. A spokesman for the ministry of communications and _ trans- portation, to which the special commission is attached, said the investigation would start immediately. The injured were sent to hos- pital here, and a spokesman said they were making a good recovery. LOWER HOUSE DISSOLVED TOKYO (Reuters)--The Japa- nese cabinet Tuesday officially decided to dissolve the House BAY RIDGES of Representatives and hold general elections in January. ists heading for a year-end holl- place Kennedy's coffin on the|* "CLAUDIA CARDINALE] 1 ove 29° Co Lot --featuring-- Jack King combined with skillful piano playing. Carousel OSHAWA 559 Bloor St. West 723-5271 REVELAIRES The Sweetest Music This Side of Heaven, Plus the Rock- sad Rhythms You fver Entertainment Nightly at 9 P.M, Matinee Seturday 4 P.M, to 6 P.M, @ FULLY LICENSED © KING ST OSHAWA TO MAKE YOUR HOLIDAY REALLY BRIGHT THE GOR- GEOUS AND TALENTED LADY STARFIRES Bic Entertainment Nightly et @ P.M. 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