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THE OSHAWA TIMES, Wednesday, April 19, 1967 17 Canada Considered Closed To Further U.S. Banking By ARCH MacKENZIE always be in the best interest WASHINGTON (CP) --Can-lof overseas U.S. banking. ada is among nine countries| Privately - sponsored legisla- considered to be closed tojtion now before Congress or further U.S; banking, says a re-|pending would require the fed- port prepared for the joint eco-jeral rather than the present nomic committee of Congress |state control of foreign banking by the American Bankers Asso-|operations in the U.S. most of ciation. the 50 states ban foreign bank- on oa cr ghar ing. on the American-owned Mercan- tile Bank of Canada is the "'case|NO STAND TAKEN enjoying the most prominence|, The U.S. government has at the present time" in the|taken no stand on the bills offi- broad U.S. network of foreign |Cially or publicly. banks and the assorted regula-|, The report says there now are tions and restrictions they face. |244 bank operations abroad with The report adds, however, itjassets of more than $9,000,000,- is debatable whether the restric-|000. Most of the growth came tions constitute anti - American|after the Second World War and discrimination. continues. ; "Specifically, there are no At. the present time, major cases in which American banks |American banks believe at least appeat to have been discrimin-|"ine countries by legislation or ated against because of their|>y discretionary policy are simply being American." closed to further direct Amer- ican affiliates or branches or to - SAYS POLICY UNCLEAR affiliates," it says. "Whether the present Cana-| It skates cautiously over the dian bank situation represents |controversy involving Walter such a case is debatable. Un-|Gordon as Canadian finance doubtedly, no foreign acquisition |minister in 1963 when the First of Canadian banks would at the|National City Bank of Ne wYork present time receive an unquali- bought Mercantile from Dutch fied welcome from the authori-|interests. It deals at some ties. length with Canada's special "Whether Canadians would|concern about U.S. domination. have moved to restrict the| 'While the facts are in dis- growth of the Mercantile Bank/pute, it was charged by Gordon of Canada if its ownership' had |that acquisition of the stock was remained in the hands of na-|consummated in spite of a re- tionals of The Netherlands, how-|quest to await the new Bank ever, is not clear." Act revisions. His view had The report also suggests that|been that, if approved, -addi- any U.S. insistence on reci-|tional American banks would in- procity for countries with banks evitably be attracted to the Ca- | doing business here may not'nadian market. NEWS IN BRIEF © CHOICE NEW SEASON MILK FED VEAL © PLANE CRASH KILLS 3 [ning a stepped-up program to SPECIAL! CHOICE-- SHANK OFF OSWEGO, N.Y. (AP) -- Aleducate the public in the use v vice-president and two other|and enjoyment of provincial employees of Link Aviation|parks, a parks and outdoor rec- Inc. were killed Monday night -- conference = = when a twin-engine company|Tu y. Rene Brunelle, On- SPECIAL ! DETERGENT LB. plane crashed in storm-swept tario lands and forests minister, hills about three miles east of|told the conference a park in- this community. The wreckage|terpretation program is vital in SPECI AL f be was discovered . Tuesday. The|the development and operation CHOICE -- KNUCKLE BONE OUT ' three killed were Arthur F.jof the parks system because - » Carl, 46, of Vestal, N.Y., vice-}most park users have been president of manufacturing; raised in an urban environ- RO ASTS : Clarence E. Dougherty, 51, Che-|ment. GIANT veers LB nango Bridge, chief pilot, and co-pilot Herbert F, Chamber- CLAIMS U.S. MEDDLING PKG SPECIAL! CHOICE : e _ ity. OTTAWA (CP) -- Canadian s = 4 nost popular pe pone ine en graduate atidenta are Seine te) Cc ef ECLARES FAMI i to sw allegian to use in flower PATNA, India (Reuters) welts 'United Seiten eeeanetain| SPECIAL! ALL 49c VARIETIES -- BETTY CROCKER N ROASTS 7 LB, est display The Bihar state government de-|A merican scholarships, Dr. clared famine Tuesday in seven|Lewis. Brand (PC--Saskatoon) C AKE M : C arly July but areas of the drought-stricken|claimed Tuesday in the Com-| QZ RMRAS AVend4Re CCU UCC ee PKGS. ENJOY THEM NOW! FAMOUS suniniat aes ND! LARGE SIZE 88's! north Indian state, where more|mons. He asked for an investi- than 12,000,000 persons are des-|gation of this 'gross inter- SPECIAL! CHOICE BARTLETT Y eaig short of food and wa-/ference in Canadian national- SEEDLES r, The famine declaration, thejity." Prime Minister Pearson first by a state government in|said he would be glad to inquire) J 7 BIWa Rep © Bora eeep ------ 14 FL, fraia'y 20 years' of independ-|whether such conditions exist.| <a MSVASR © SSSRRRBS OZ. TINS Hg Cc to zing. ence, means especial relief measures apply to a total area AIDS RENEWAL STUDY larger than Nova Scotia. OTTAWA (CP) -- A federal tie. Britiant Yellow den-Yellow/Shaded Red UNION LEADER DIES --* acon gid ang SPECIAL ! CALEDONIA FANCY PINK pre Golden Yellow an urban renew ly IT'S FLORIDA ee MUSKEGON, Mich. (AP) --|Prescott, Ont., was announced GRAPEFRUIT TIME! ZESTY BREAKFAST FAVOURITE! MARSH me Bape Hane Yellow Rolland Jay Thomas, 66, presi-|Tuesday by Central Mortgage SHSEEDLESS Scenic ENN dent of the United Auto Work-|and Housing Corp. The study, ers Union from 1939 to 1946,|to take six to eight months, will died Monday of a stroke suf-|be made by Derek J. W. Little ie fered Sunday. Thomas was de-jof Municipal Planning Con- : , eee Yellow. end Pink feated for UAW president by|sultants Co. Ltd., Toronto. The ' betes Red and Yellow the union's current chief, Wal-|seaway town will meet the rest EXTRA \ LARGE .... Orange and Yellow ter P. Reuther. of the $15,045 total cost. rong € fe size c Arganert: Srengn/ Ser SENT FOR MENTAL TEST | BIRDS TAUGHT FRENCH a 80's .» Rose Pink end Yellow ORILLIA (CP)--Cpl. Roy J| MONTREAL (CP)--Even the) spECIAL! ALL FLAVOURS --:ALLENS : ves ete Desert Orange seph Micks, 36, of RCAF sta-lpirds at Expo 67 will be_bilin- - GARDEN FRESH FROM CALIFORNIA! NEW SPRING CROP Rohe SEIN o eo Bri gual, Twelve cockatoos, an Aus- FRUIT DRINK ak G ! attempte 3 § A 2 AR ing 'Saturday of his father-in-|tralian bird belonging to the| A BROOM BO MRMAWMRED Cee OZ. TINS C reentop Cc ARROTS otanes., \ € 4 law, James Knight, 66, hasjparrot family, are to be taught . fragrant Crimson Red ""-- -- to lori a = French' before being' turned SPECIAL! MORTON FROZEN CHICKEN, BEEF or TURKEY seuatiat ie ddeceee Iridescent Red lay mental examination. Mr-|ioose in the garden at the Man EEN GIANT BRAND NE Scarlet Knight was shot im the stom-|i, the Community them pavil- T PIES 8-0Z. C FANCY KITCHEN SLICED W ach with a shotgun. He was inj; i i seen eeneedeeseengennesecenseseeassesseaeenes a ness A ga critical condition "In hospital Poet ng pO he Rapid PKGS. UNIVERSAL HISTORY Co e Tuesday. in French 'don't touch me" WAX BEANS +.» Dark: Cri Red ? Pr its " pas a TAX REPORT NOT READY and "don't feed me. SPECIAL! 2 PLY-WHITE SWAN OF THE WORLD . TORONTO (CP) -- Premier ------ Robarts said Tuesday he has) BOUMITS oe NEARLY HALF A MILLION WORDS i no idea when the long-awai ore than i w Smith committee report on tax-|spent this financial year in Aus- on tie C AND FIFTEEN HUNDRED wees. White with Ivory ation will be released. Replying -- on bose id research and : ILLUSTRATIONS in the legislature to questions extension work. : Siem wih. <a oe from gest ips 4 Lona 360'S IN FULL COLOR Nixon and ND! ader Dona' ORR RRR AESOIEROE! MacDonald, the premier said NEED FUEL OIL ? PKGS S SPECIAL! Loblaws Kitchen Pride " Bd Bt ED Committee Chairman Lancelot CALL Smith has not yet indicated oes Dien Rowe Pink "when the report will be ready. PERRY SPECIAL! HOSTESS BISCUITS LEMON MERINGUE ___ VOLUMES se... Rose Pink with Gold PLANS PARKS PROGRAM 723-3443 : a pores 2 ... Rich Pink with Silver TORONTO (CP)--The lands DAY OR NIGHT R ASPBERR 24 '1 C PIE cineskesncs EACH C @ UNIVERSAL HISTORY OF THE WORLD @ and forests department is plan- we or aa ae : : J : CX AIAN i 5) SPECIAL! AYLMER : When presented to the cashier at any participat- % (G Bt ing LOBLAW SUPERMARKET fhis coupon is * TOMATO WORTH $1,00 TOWARDS THE PURCHASE OF VOL. 1, af the 10 FL. C regu lar price of $1.29, (Limit 1 coupon per book) SOUP ...........: Seeseeresasees Mg) OF TINE WORTH ONE DOLLAR SPECIAL! WHITE or COLOURED @ NOT VALID AFTER MAY 6th/1967 @ OOO =. .~670%4% HOSTESS MARSHMALLOWS & = 65: my CLIP AND REDEEM SPECIAL! FANCY FROZEN THIS $1.00 COUPON ieboneb ede: Fomous Pink ° , STOKELY S 53: auuie te visioguahe: | welch trys | WITH COUPON & PURCHASE OF Renn ees Golden Yellow AMA ABAD , --2-LB. By INE 10-0Z. JAR ONE GIANT SIZE TUBE SPECIAL ne Sida a SAVINGS DEPOSIT RECEIPTS LSS yoy sy) PPAS POLY BAG DUST MOP [MM NescarE [PM CREST wee || 7 sox \ en MORE INTEREST eeeae Deep Crimson Red eas Coral /Orange/Pink == ||] 43% CLIP wis certiricate ror THs FREE Bonus WITHOUT PURCHASES LIMIT ONE CERTIFICATE PER CUSTOMER REDEEMABLE AT THIS STORE ONLY (( (@ (Ce est features of Hybrid Tea Salmon with Scarlet VI COUPON ExPints APRIL 26 MMMEMAPMEPRL V2 COUPON exrints arnit 26 MMMMRINMESEE v3. COUPOR exrints APRIL 36 es ae Deep Red yo Redeemable ANY time WITH COUPON & PURCHASE OF WITH COUPON & PURCHASE OF : ONE 7-07. AERO TIN mane as oe isu ovanay chipsets wen re ® jepson or blk poate A PURCHASE OF Wire COUPON & PURCHASE OF WITH COUPON & PURCHASE OF WITH COUPON & PURCHASE OF WITH COUPON & PURCHASE OF ALSAGER TT ETON - Interest on daily balance rsaaredhdaty g SY. OFF 2b. sMiTies COUINA FROZEN WITH Chtast OF CMiCKED or peste Soe piandhel vel TWO 14 FL.OZ. TINS ONE 2 Ff. OZ. SOTTUE SHAVING CREAM : WINDOW CLEANER K E T c H U ry PEPPERONI SAUSAGE CRIAM OF MUSHROOM SHORTEN! STOKELY FANCY QT. TROPICAL MOTHER PARKER'S : es | XTRA PIZZA PIE Y RTENING CREAM STYLE CORN NO CALORIE MINIMUM DEPOSIT $5,000.00 ve coro urns sons MRR _curo moms a ap dsl eee Bignell Tgp all Rigenatghiodees) hcl oy SWEETENER d trellis! : : 7 m4 EXPIRES APRIL 26 24 COUPON EXPIRES APRIL 26 7 WITH COUPON & PURCHASE OF Pee au po palei as Red geval ha pediplan gah ieeginngh st WITH COUPON & PURCHASE OF WITH COUPON & PURCHASE OF WITH COUPON & PURCHASE OF WITH COUPON & PURCHASE OF WITH COUPON & PURCHASE OF WITH COUPON & PURCHASE OF WITH COUPON & PURCHASE Crimson Red GU. wie Lelapibseccmte cn, mass gg ey besos ctl iad me eae ONE 100 FT. ROLL BOX ONE 4 ROLL PKG ONE 20 FL OZ. BTLEL ANY ONL 6. AEOTN. 'eabwabees AYLMER FANCY WESTON'S APPLEFORD'S hi TEA BAGS F an UU perngent Sener pees «+++ Golden Yellow GOVERNMENT OF CANADA INCORPORATED AND SUPERVISED aed SHELF PAPER prepa CLARK'S BEANS CREAM STYLE CORN FIG BARS WAXED PAPER TOILET TISSUE GAY AIR FRESH PON EXPIRES APRIL 26 'VIZ COUPON EXPIRES APRIL 26 VI2 COUPON EXPIRES APRIL 26 vu FRESHENER ccias Poa Gol Yellow STAMPS COUPON EXPIRES APRIL 26 V26 COUPON EXPIRES APRIL 26 'V27 COUPON EXPIRES APRIL 26 VO COUPON EXPIRES APRIL 76 VIO COUPON EXPIRES APRIL 26 Piroagave se Light "Pink Capital and Reserve $25,000,000 WITH COUPON & PURCHASE OF WITH COUPON & PURCHASE OF Ra ARANETA MTS Deposits in excess of $350,000,000 ONE 111-07, PKG, ONE 1602. 4AR wiqwe 4h ext a oath ee tw ont fun. Pour ane igang I COUPON & PURCHASE OF WITH COUPON & PUACASE OF WITH COUPON & PURCHASE OF WESTON'S BISCUITS INGERSOLL SKIM MILK BLUE BONNET SOFT COLOURED viorras s a eee ne spelt see thao 'TWO CELLO PRES. ont Rein Hormatare, Manoger MILK LUNCH cH saan i pa saree ny OSHAWA : clas EESE SPREAD MARGARINE ORANGE JUICE cor ALUMINUM FOIL POTATOES ROSE BUSH Tel. 728-1 653 LOUPON EXPIRES APRIL 26 'VIT COUPON EXPIRES APRIL 26 VIB COUPON ExpiRES APRIL 26 Vi9. COUPON EXPIRES APRIL 26 tid EXTRA EXTRA Noss Aion mph és ia & i bere PAPEYS vos couron rxrints ar 26 MMSPYOPSR vie couron uxeiys artn 26 MMMREAMEPE v29couron exrints arnt 26 MERAY 20, COUPON Dxritts APRIL 36 ING CENTRE . | ee , ° . +4 Oshawa Shopping Centre Open Wed., Thurs. and Fri. till 9:30 - Downtown Store Open Thurs. and Fri. till 9 P.M. ' LALLA SRS ee ae ee oe iris ea a ay ee a ae a a al a ee a Re Pe