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RULING The Italian said Tues- | the action ng Council y's Sandro orld junior Luis Spota, f the WBC, the council raw recog- lo because e to defend ion crown Napoles. EAR ORE IR Walters 0 with ralance. nd ser- th then 1678 ud FAMED PARENT Genero Sepulveda Boone to octupiets last night, shown (centre), a 24 - year - old at a press conference held bookkeeper whose .wife Ma- today at the 20th of Nov- _tia Teresa, 21, gave birth ember Hospital. Mrs. Senul- | veda became pregnant for he second time after taking | rontraceptive pills for about a year. (AP Wirephoto) U.S. Offshore O:il Bid Cited Unsuccessful OTTAWA (CP) -- Unsuccess- |special federal counsel, said ful attempts by California, Lou-|the three American states were igiana and Texas to gain con-|blocked by U.S. Supreme Court trol of offshore oilfields were| rulings that the seabed of the cited in the Supreme Court of|territorial sea and continental Canada Friday in support of Ot-|shelf is part of the federal do- tawa's claim to jurisdiction! main. over offshore mineral rights. A seven-member panel of the C2; mit Carson _of | Toronto,|Supreme Court of Canada is er --------~ |hearing federal and provincial) TAX TRANSFERS arguments on the offshore ques- |tion, Mr. Carson's case for the overnment is expected OTTAWA (CP)--An up-to-date |{deral. 8 4 calculation of federal tax trans- to wind up Monday and be fol- fers to the provinces in 1967-68 lowed by legal arguments for ~ . |British Columbia, Ontario, New was announced by Finance Min-!piunswick, Nova Scotia and ister Sharp with legislation ap- Newioundiand. proved by the Commons Friday to cover federal-provincial tax arrangements. Here is the comparison of equalization payments under the current scheme and a broad new formula taking effect April Island are holding watching briefs in the case. Quebec, the only other province bordering on salt water has refused to take part, contending that the dispute is one for political set- | | Manitoba and Prince Edward) t 1966-67 1967-68 |tlement rather than a_ legal) Nfld. $37,700,000 $66,900,000 | question. P.E.I. $10,600,000 $14,100,000! The federal government said N.S, $50,200,000 $73,400,000|it first wants the court's opin- N.B. $44,700,000 $64,800,000|ion before entering any political Que. $150,400,000 $260,200,000|/discussions on the issue. At Man. $27,700,000 $29,500,000}stake are potential millions of Sask. $33,000,000 $26,400,000|dollars worth of undersea oil Total $354,300,000 $535,300,000|and mineral strikes. e : The provinces of Ontario, Al-| Mr. Carson said an "impossi- berta and British Columbia dojble state of affairs'? has been not receive payments under ei-|created in recent years by the ther formula. Saskatchewan's|issuance of both federal and)- 1967-68 payment represents the|provincial permits for offshore first stage of a five-year transi-|iil and gas exploration. tion under which it will lose its! He filed with the court maps) equalization benefits. of the Atlantic and Pacific Further fiscal transfers are |coasts showing the location of made through new federal pro-|areas leased for exploration. In grams to support post-secondary |some instances the federal gov- education. They replace per-|ernment had given an area to) capita university grants and as-|one company and a provincial sitance to technical and voca-|government had allotted the tional training. jsame area to another firm. These transfers, together with} Mr. Carson, heading a five- equalization, bring over-all pay-|member federal legal team in ments to the provinces to the|the case, spent most of the day) following totals: tracing the development of off-| 1966-67 1967-68 (shore jurisdiction from the Brit-; Nfld. $41,000,000 $75,400,000 jish_ colonial era to modern P.E.I. $11,400,000 $16,600,000 | times. N.S. $59,400,000 $93,100,000| He said there is not a single| N.B, $52,100,000 6,300,000 document of any kind to show} Que. -- $247,600,000 11,200,000 |that the British government! Ont. $97,100,000 $152,700,000|ever transferred to British Co-| Man. $37,600,000 $52,300,000 |Jumbia its sovereignty over the| Sask." $42,000,000 $49,000,000) territorial sea. Alta. $37,300,000; The British Columbia situa-) B.C, 0, $38,600,000\ tion is the subject of the cur- Til $624,300,000 $1,500,000! rent test case. ««.NEW HOME THIS YEAR? 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MeGILL R.R. 2, Newcastle, Phone 987-4288 THE HALLIDAY HOME DEALER IN YOUR COMMUNITY cece eee PLUS: FREE BROADLOOM Mr. Canada's coasts ered as were ing status as a tion in its own right. The Customs Act of 1867 and pense accounts. the fisheries legislation pleted just before B.C. Confederation, oped quickly State foreign affairs. "British waters' the time of Confederation until 1919 when Canada began acquir-| some sovereign na- donald, then prime minister. Following 1919, when Canada was a separate signatory to the Treaty of Versailles ending the First World War, Canada devel- into a sovereign responsible for her own There were no resignations sub- Carson said it {s clear|mitted by three municipal ap- from a reading of the statues|pointees, Ben Prior of Niagara that the territorial waters along) Falls, consid- from of 1868 both referred to British waters. \lists $7,088.87 as commissioners Unless B.C. could show it had| jexpenses, an increase of $922.97) jurisdiction of its offshore areas!over the previous year. before joining Corifederation, its | argument for jurisdiction now \down, was completely unsound. | |BRITAIN HAD CONTROL He said the Anglo-American treaty negotiations of 1871, com- entered} gave clear proof Fast Action HOUSE SALES! 'Nixon Calls For Investigation 3 ing committee on government in a statement the commission commissions. "has been dominated for years|first on the government agenda | said in the legislature he had not accepted the resignations he received in letters from the for- mer commission chairman, \Charles Daley, sta., 'Government To Discontinue Refundable Corporate Tax By JAMES NELSON OTTAWA (CP)--The govern- ment will discontinue its collec- {corporation profits and suchlintention of arresting inflation- jnon-expended money as depre-|ary pressures which were build- ciation reserves. It was to beling up because industry was tion of special refundable taxes|collected monthly for 18 months|trying to expand too fast. on corporation cash flows at/and then repaid to the corpora-| Mr. Sha rp's announcement the end of this month, Finance jtions in the following 18 to 36)was received without comment Minister Sharp announced in| months. |by_ opposition spokesmen. the Commons late Friday. Mr. Sharp made an announce-| Earlier, Mr. Sharp ran afoul He said the government now|ment about when the moneyjof Davie Fulton (PC -- Kam- feels some impetus needs to be|will be refunded. loops) as the government sought given the business community] By' the end of this month./to push through amendments to encourage plant expansion. -|the government-expects to have|to the Bank of Canada Act. The tax was imposed in Mr.jcollected about $200,000,000, a! The bill, to bring the central Sharp's regular budget last|finance department. spokesman|bank more securely under the spring, and. first collections|said. finance minister, got hung up were due at the end of May,} To this extent, money was|on a claim by Mr. Fulton that 1966 drained out of the industrialjthe finance committee had been It was a five-per-cent tax on'sector of the economy with the}misled by the government offi- ang PEINy jcial on a single clause, | ADMITS ERROR Sharp admitted the inad- vertent error, but declined to send the bill back to committee for a second look as Mr. Ful- Into N.F. Parks Resignations ton asked. This led Mr. Fulton takin TORONTO (CP) -- Liberal) "It would seem that this very 10 call Me. Sharp both "absurd Leader Robert Nixon Fridayjindependent commission got on AIrOgant Mr. Fulton had pointed out) called for an inquiry into the |away on the government. Other- resignation of six members of|wise, why would a cabinet min the Niagara Parks Commission.|ister be appointed chairman? He said in a statement Pre-| Mr. Allan, minister without mier Robarts was "Jess than|portfolio and former treasurer, frank" in explaining why the|became chairman Jan. 1. provincially appointed com- ae d o missioners had 'resigned. CHARGE TORY COMPAC ise : i" i L s He said the inquiry should be Donald MacDonald, New)@ year after the law came into made by the legislature's stand-/ Democratic Party leader, said eitoc The Bank of Canada Act is that Louis Rasminsky, governor chartered banks that under the disputed clause they would jhave to compute cash reserves twice monthly - rather than compact, of|for Monday. Second are a. se- by a little family Robarts ries of Bank Act amendments, Earlier Friday, Mr | Tory appointees' Robarts government cannot/French translation of reports of stand the cozy situation which|the finance committee on the , has resulted over the years, |subject. Ellis Morning- 5 : : a : Progressive Conservative and with the appointment of; Main interest in the Bank Act James N. Allan as chairman it}|amendments are sections allow- 9 the islature for|* ; aoe Maar Frans frlis attempting to regularizeling U.S. - owned Mercantile \Miller of Niagara Falls, Ed- he--questionable administrative/Bank five years to become Rise ward Tyrill of Fort Erie and procedures whjeh have become \Canadian - g - controlled. Dr. Harold Fox and Herman|Co™mon practice in the opera- | Rogers, both of St. Catharines. ie NPC. rooms. on upper floors of the : 4 | aan Ontario Trust ; The commissioners 'have bed- He declined to say what ac- jtion he would take on the rectaurant, which is known as| letters or to disclose why the/the refectory and there is ac- commissioners wanted to re- sign. FOUR DO NOT RESIGN The only government - a i orati commodation for entertainment & Savings Corp ation jof others. A veport tabled in the legis- lature Thursday showed the op- ommissioner who did erating cost of the commis- ear grey Mey a ceaonntion was) sioners' rooms at the refectory Fred Cairns of Niagara Falls. jwas $14,000. RETIREMENT SAVINGS PLAN There have been reports that Soves Income Tox and the. government plans to pay provides Retirement Income the commissioners, who now get x no salary, $30 a day for meet- f|ings as is done with the St. % No loading fees or chorges Lawrence Parks Commission,| If y payments made before Feb- Government Approved Bruce Finch of Ridge- way and John EF. Campbell o Niagara-on-the-Lake. hile eliminating some of the ruary 28, 1967 are deduct- Nixon said he believed|™ : ot sates renulted egies alleged Privileges. _ Rees eee oS changes Mr. Allan had sug- & Investment options -- Stocks KEEPING RECORDS ~--Bonds -- Mortgages Chinese historians give 2634) Mf 4 ofticicl receipt for Tax pur- The commission's 1965 reportip.c, as the date of the dis- poses jJeovery of the compass. CENTRAL ONTARIO. TRUST & SAVINGS CORPORATION gested in the commission's ex- These amounts are not broken WHEN YOU NEED Mr. Nixon said, and "HOME-N 59 neither are $10,893 for office 0 URSING 19 Simcoe Street North |supplies and expenses and CALL Ax 723-5221 |$6,269 for publicity. 23 King Street West, The commission is a $9,000,000; V. 0. N. Nurse 623-2527 operation, Mr. Nixon said, but ' its expenditures are not dis- cussed in the house under es- 725-2211 »|of the Bank of Canada, notified | == once a month as in the past--| 'It now appears that even the|stalled this week by the lack of| PARLIAMENT : a THE OSHAWA TIME, Saturday, Moreh 11, 1967 = AT-A-GLANCE | 3 ancdres 'yb¢Benk | wands sdioured ont Teer By THE CANADIAN PRESS AEE FRIDAY, March 10, 1967 Finance Minister Sharp an- nounced that the five-per-cent refundable tax on corporation cash flows will end this month, seven months ahead of schedule. State Secretary Judy La- Marsh announced the first step toward creating a Crown corporation to operate educa- tional TV facilities. A major study on problems tabled by the gov- ernment recommended that Indians not be assimilated into white society. The Commons gave final ap- proval to a bill providing uni- form standards for private pension plans covered by fed- eral Jahor law. Prime Minister Pearson, in a letter to protesting Univer- sity professors, again rejected calls for restrictions on arms sales to the U.S. TAKE THE BITE OUT OF YOUR INCOME TAX Let BLOCK take you off the = 0. Indian hook, We'll find. your dedec- poMPLETE fons, ond moke sore they're RETURNS the maximum allowable. You'll save time, trouble--ond maybe more than enough fig money to poy for ovr low cost service, MONDAY, March 13 The Commons mects at | 2:30 p.m to resume debate os EL OcKe wee 1.35 {_ Canada's Largest Tax Service with Over 1500 Offices in North America _ | ay DINNER Gaate ohm 22 ONTARIO ST. 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