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1910 — PRINCE RUPERT DAILY NEWS — :1963
An independent newspaper devoted to the upbuilding
of Prince Rupert and Northern and Central British Columbia, _

A member of the Canadian Press — Audit Bureau of Circulation
Canadian Daily Newspaper Publishers Association

Published by The Prince Rupert Daily News Limited

JOHN F. MAGOR
President

Authorized as Second Class Mall by the Post Office Departinent, Ottawa |
and for payment of postage dm cash

 

THURSDAY, APRIL 25, 1963

 

We need houses now!

ful to the extent that he learned there
was money available for home and
apartment construction but to date not
much has been forthcoming.

he housing shortage in Prince Ru-
“pert isn't getting any better. Fact
ix, it seems to be getting worse, if any-
thing,

We are told that Prince Rupert
Housing Authority is jammed tight
with applications for their low rental
homes and hopes of placing people in
houses are ‘terribly slim.”

- The City of Prince Rupert and our
mayor say the City is not in the house
building business, and we quite agree.
liowever, we do feel it is the City’s
business to see that there is adequate
housing for their people and those

The housing shortage factor is!
probably the biggest hurdle in the city
today. We are sure it is standing in
the way of many who would like to
move here. A good example is the fact
Columbia Cellulose is embarking on
a house construction plan in order that
it can bring key personnel to the city
and not have to worry about getting
them houses.

 

 

 

<)
OOK e 58 A’ vel ak

SAY OO:

 

 

ae Vey an he, 7

 

“WE "AVE BURIED THE 'f: Aird

 

 

who would like to take up residence

here.

“We're a growing city. There seems
no doubt about this fact. There is no
doubt that we need more rental hous-
ine, and houses to buy, if we are to

keep expanding.

It is the citv of Prince Rupert’s
business to see to it that we keep in
step with other communities our size.
Int we won't do this when it comes
to housing unless the city itself goes
after development firms, a step that
rotted be pursued with all efforts pos-

sible.
a

nail h

&
such development.

* Not too long ago Mayor Lester
made a trip to Vancouver to contact
Yaricus companies in the hope of pos-
persuading one or two of them
ti build here. The mayor was success-

sebly

PF ROG winn

By LUBOR
« OTTAWA (TNS)—The new
Gavernment faces a task that
gout once hereulean and deli-
tote. At home it has to tackle
‘Chaarc Unemployment which,

J. ZINK

despite last year’s impressive
aise in the Gross National
Product, continues to hover

Ytound the eight per cent mark
af our labor force—the highest
mi io among the industrial na-
ions of the Western World.
4- Abroad, it has to convince
Bur friends and foes alike that
Winada no longer intends to
Bea venge in the
wio-tian's land in
Jest conflict,
w# To succeed, the new Govern-
Wrent will need solid) support
war its proeram of reform and,
Mi sare eases, drastic depart-
Pres from the course of blind
vxoedieney established by its
pedeeessay,
mitt has to
Wiromber of peanle who vated
For the old resime that a new
approach to the formidable
Yoblems i inherited is essen-
wil for Che well being and
Security of the nation. Can this
we done without Jenethy cam-
Yrien of persuasion ?
il think if ean. providing the
M@Moverninent has the courage
Oba will to run the risk inher-
@utoinoevery departure from a
Meeminely inflexible routine,
wif this gamble the Prime
Minister mivht be both aided

t
'

the East-

“
3

y In the past few months we’ve heard
rumerous rumors to the effect that
large ge companies were considering con-
struetion of homes here. To date not
ius been driven nor have there
Heen any specific plans outlined for

ideological

convince a large

venture.

If it’s

it is up to?

for

Unfortunately there are not many
companies the size of Columbia Cellu-
lose that could do this, and so the rest
must be up to the city. The individual
cannot be expected to put his hands
on ready cash to build and there seems
to be little interest by local contrac-
tors in taking on,

say, a subdivision

Surely the question can be asked:
not up to the City of Prince Ru-
pert to make its community a better
place to live by having sufficient hous-
ing, then someone please tell us who

It’s high time a special commission
was formed to give the matter its con-
certed study. They should put every-
thing else aside and deal strictly with
the problem at hand—the urgent need
more houses.

This eommittee

should have authority by council to

council
enough.

and hampered by his “60 days
of decision” commitment. He
has exposed himself to the gun
of a definite and perilously
short time limit.

It is easy to imagine his
political foes gleefully ticking
off day after day with a huge
question mark—what has he
accomplished today with their
fingers on the trigger.

On the other hand, the gam-
ble may be the only available
shortcut to a change in our
political atmosphere, a precon-
dition for necessary and most-
ly overdue reforms, The dra-
matization of the first 60 days
may capture the imagination
of the nation which has shown
in the last two elections a
growine disenchantment with
the drift in Ottawa,

In this searching mood, a
few snarks of real leadership
from Parliament Hill could ig-
nite a chain-reaction of favor-
able response out of propor-
tion to the new Government's
accomplishments.

To fulfil its funetion, a de-
mocratic government must run
ahead of public opinion, but
if, would defeat its purpose by
rinning out of sight and hail-
Ine distance,

The new Government, anx-
ious to provide a drastic con-
trast to the Diefenbaker shuf-
fling, faces the danger of run-
nine too fast,

While the planned spurt for

' TRAVELING LIGHT © by the Sloanes

 

wel ‘ pe bentatag Coaep
ew tae erg etal

“4!
fo
AY
ow
ue
we
we!
den
ot
wi
wa
ve
oat
On
at
ae
wel
wt i

 

4fel

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

delve into the matter and come up
with something concrete. Taking an
occasional look at the situation at odd
meetings is
We need houses now.

just not good

Mike’s out on a limb

the first 60 days could be the
very thing that is needed in
the present circumstances, it
might be prudent to glance
over the shoulder once in a
while to sce if the country is
warming up to the pace of the
race,

the lighter side

A lot of publicity has been
given to the first telephone
call made between. Alexander
Graham Bell and Dr. Watson,
but no credit has ever been
given the operator who com-
pleted the call, Who was she?

—- Chicago Tribune
ke + +

Of course this would never
happen to an Oklahoman, but
in some states a congressman
might be introduced because
“we want to hear the dope
from Washington.”

-—- Daily Oklahoman
Ss 1 +

Psychologists say that at 20
the will reigns, at 30 the wit,
al. 40 judgement. This is over-
simplification, It Jeaves too

 

many of us battling the teens, .

ee oe ye

“Tell me -- wha is the rea]
boss ins your home?"

“Woll, my wife bosses | the
servants and the children boss
Lhe dog and eal, and --"

“And you?”

“Well, T ean say anything:
like to the perantums.”

Philnews
& + +

A woman can always find
something to say about her
husband's women kin. If she
enn’'t sipy they are dirty house-
keepers, she is apt to say they
are too clean, —  Atehison
(Kan) Globe,

cd Ye C7

‘Tust because you have been
kept walling, said) the nurse
to the expectant father, “doeg-
n't necessarily mean the baby
will be a girh” — Trish Digest

4 w +

The “Offeer Pact Book", is-
sued by the U.8. Navy Bureau
of Personnel, comments on the
fnets of Ufe with this cate.
porlenl statement:

"Broad Ienowledge and ex.
perlence can only he gained
through brond experience,”

— Alr Condithoning, Refripera.
tlon News, |

4

062,214 -

Predict bank rate cut on political horizon

By EDWIN MAHONEY

The Bank of Canada and the
nation’s new Government may
soon be under pressure to,ease
interest rates and thereby to
cut back the inflow of foreign
exchange.

The signal for such a policy
would be a reduction in the
central bank’s rediscount rate
—-the rate at which it is pre-
pared to lend for short terms
to chartered banks.

The present four per cent
rate was set last November
after a series of drops which
followed implementation of
the nrevious government’s au-
sterity program.

There's no expectation -6f
an immediate reduction to
3% per cent, though one com-
mentator has predicted such
a cut “once the installation of
2 sound and stable government
is confirmed.”

RATES.TO LURE

A foreign exchange expert
in one Toronto financial house
speculated on the possibility
of a change in between two
and six months and suggest-
ed that it could take a year.

The central bank, he said,
‘is not in a hurry to slow
down the inflow of foreign
exchange.”

The inflow which has taken
place since last June’s foreien
exchange crisis has built the
foreign exchange fund up to
record levels—but there are
indications that it still isn’t
high enough to satisfy the
Rank of Canada and guard the
dolar against future difficul-
ties,

To lure foreign money Can-
adian interest rates have had

to be high enough to make it

profitable for U.S. investors to
put their money into Can-
ada rather than to invest it, at
home or elsewhere,
TWO SIDES

High interest rates, how-
ever, work two ways. Besides
attracting forcign investors,
they tend to discourage the
Canadian borrowers. AS a re-
sult, business cxpansion may
be inhibited in a period of high
rates,

The exchange reserves
reached a level of $2,600,000,-
000, in March, a rise of about
$6,000,000 from the February
level. One Toronto expert pre-
dicted an April increase’ of
from $60,000,000 to $100,000,-
000, a sign that foreigners are
‘looking at Canada as a good
investment risk.”

But he added that he “would
be surprised” if the Govern-
ment of the Bank of Canada
concluded that “this was +
time to choke off investment”
by bringing about lower inter-
est rates.

The reserves include $300,-
000,000 advanced last June by
the International Monetary
Fund—money that will have
to be paid out eventually, per-
haps beginning within a few
months.

BUILD RESERVE

Government and _ business
spokesmen suggested yester-
day that with the IMF funds
deducted, the level of reserves
wasn’t much higher than the
total habitually held in the

 

today in history

By The Canadian Press
April 25, 1963 ..
Representatives from 46 na-

tions met in San Francisco
18 years ago today—in 1945—
to prepare the charter of the
United Nations.

ence took place at time when '
War was |

the Second World
drawing to a close in Europe
and the pathering represented

the hones of war-weary na- |
peace. |

tions. for permanent
The ranks of the world body
now have swelled to 110 mem-
her states—including many of
the newly independent coun-
tries of Africa and Asia.
1908—Westmount, Que.,
incornornted as a city.
1959—The St. Lawrence Sea-
way was officially opened,

was

Editor's Note—Signed arti-
cles and editorials credited to
other newspapers do not ne-
cessarily reflect the views of
_ The Daily News,

 

cD
MILLION

CO SCANADA'S TRADE WITH U.K.

 
    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.K. IMPORTS DROP — Imports Into Canada from the United
Kingdom dipped during 1962 while exports to the UW.k. showed

only a modest drop.

exports to the U.K. totalled $919,042,077

- down from $021,213,417 In 1961 — apd Imports botled $563,-
down from O18, 201 272 a year earlier,

 

In reeent weeks JT have had
occasion ta receive oa
Muny Jeters from old frlends,
And it is perfectly astonishings
how many of them are signed
hy totally undecipherable sigs
natures,

With the help ofp

have been able to i,
Sleuth the iden- %
tity of my friend
by puessing, and
then Jooking up
Qddrenses, Butt
that Is only
the tn-town ones,
Ny poking through = the
waste basket and finding and
matching up envelopes, J have
succeeded In identifying othor
dear old buddies whose late
ters were entirely legthble, hart

great:

 

whose signatures were hicro-
glyphics Ike unto rgypt's,

One that had beaten me ap-
pers to be a W followed by a
wavy line three inches long,
Anothor mystory Jooks like
Acrewdriver, but. J am Jagrered
if Lean recollect uw Screwdriver
among my old acquaintances,
There Is an Olphrap, a Weefls
and a wondorful, tender, kind-
Jy old fylend who appears to
bo Noofn.

T suppose after fifty or a
hindyed years, © man gets oa
Uitle thred of writing his name
on countless cheques, letters,
contracts, recalpty and all the
othor things that encompass
us in the new documentary
world.

But it seems to me
ought to he mw nw,

thera

|

 

pre-crisis days. The fund had
normally stood at around $2
billion before last year’s diffi-
culties cut it almost in half.

An odd element in the whuie¢
interest rate a estion is the
fact that tie Brak of Canada
rediscount rove is almost a
theoretical figuee, one that is
hardly ever applied because
loans are hardly ever made
under the rediscount provi-
sions.

CONSULTS. MINISTER

However, in the complex
language of finance, it is a
clear message to bankers and
bond dealers and investors that
the time has come to move
interest rates in the direction
indicated by the Bank of Can-
ada’s move.

The decision isn’t up to the
Government, It is the respons-
ibility of the Bank of Canada’s
governor. However, he consults
with the minister of finance
before taking such a step.

The key question is the dif-
ference between the return to
U.S. investors on money in-
vested in Canada or in the
United States. An increase in
U.S. interest rates, which isn't
expected soon but which is a
long-run possibility, would
have the same efect as a
Canadian reduction in rates in
that it would decrease’ the
present advantage in invest-

The confer- | ing in Canada.

According to Hoyle

Q. How many times can the
ecards be cut while the deck: is
being dealt or after it has been
dealt ?---G.M.S.

A. Except when an irregu-
larity necessitates a new cut,
the pack is cut only once. This
one cut takes place before the
dealing starts. It is improper
to ask to cut the cards in the
midst of a deal.

@. In 5-card Stud Poker, does
the hand with a natural ace
and a queen beat one with the

A. Yes, in this game the joker
joker and a king if there are
no pairs n either hand? W.M.
counts as ‘an ace or as part of
a Straight or a flush. Accord-
ingly, the joker representing
an ace wins because ace-king
is a higher Poker hand than
ace-queen,

Q. In Pinochle, can the bid-
der bury a card he uses in his
meld? J.M.R.

A. No, he is double bete if he
buries a card he has melded.

short sermons

For kinrs, and for all that
are in authority; that we may
lead-a quiet and peaceable life
in all godliness and honesty.
I—Timothy 2:2

Praver for officials is a little-
used but much-needed instru-
ment to promote domestic
tranquility and external peace.

 

 

 

i a er i

A Look Back
at Rupert

(50 YEARS AGO)

April 25, 1913 — The steg.
mer Spokane, of the Pacifie
Coast Steamship Company, ar.
rived from the north about 11
o’clock last night and left
shortly afterwards for the
south. Among those taking
Ing passage from here were
John E. McDougall, F. Jen.
kins, SB. Koeller and c, g
Allen.

(40 YEARS AGO)

April 25, 1923 — Tom Mix,
the popular Willam Fox star,
gathers additional laurels jn
his picture, “Tom Mix in Ara-
bia’, a fast combination of
thrills and laughter which is
to be shown at the Westholme
Theatre tonight. Good as the
other Mix pictures have been,
this is probably the most en-
tertaining of the lot.

(30 YEARS AGO)

April 25, 1985 — The finals
in the waltz competitions at
the Capital Theatre were held
last night. Miss June Armour
and Miss Winnie Cameron, in
old-fashioned: costumes, won
first prize-— 2 two months’
pass to the theatre. Tonight
the finals in the fox trot com-
petition will take place.

(20 YEARS AGO)

April 25, 1943 -— Dr, R. J.
Macdonald, who have teen
stationed here as medical
health officer and director of
the local health unit for the
past year, is planning to leave
shortly to join the Royal Can-
adian Army Medical Corps for
active service. He will be
succeeded by Dr. Roger G. .
Knipe, aa

(10 YEARS AGO)

April 25, 1953 — B.C.’s labor
minister Lyle Wicks arrived
here by air shortly after nogn
today and will speak at a
public meeting in the Cana-
dian Legion Hall at 8 o'clock
tonight. He was met by Bill.
Murray. .

word of God -

But to do good and to com-
municate forget not: for with
such sacrifices God is well
pleased.—Hebrews 13:16. ‘

Because goodness and giv-
ing give God pleasure, they.
should become a necessity for
the Christian. nt

+ + +

Now the end of the com-
mandment is charity out of
a pure heart, and of a good
conscience, and of faith un-
feigned.—I. Timothy 1:5.

The goal of God’s will is love
from a pure heart, a clear con-
selence and a sincere faith.

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