June 12, 1985 BUSINESS FERRARO'S n Canadian Company YOUR SATISFACTION 1S OUR MAIN CONCERN. 2 CONVENIENT LOCATIONS TO SERVE YOU * Castleaird Plaza * Downtown Castleaird Plaza Store Open for Your Shopping Convenience Until 9 p.m. Thursdays and Fridays. Prices effective until Saturday, June 15, 1985. TASTE THE FRESHNESS OF OUR PRODUCE California grown * Canada no. 1 green seedless grapes kg 3.06 Ib. California grown sweet * June grand nectarines kg. 3.06 39 |.39 Texas grown ° red ripe whole water- melon kg. 55 lb. @ California grown * Canada no. | corn on the cob Government inspected poultry * who! Canada utility fresh frying chicken kg. 2.16 lb. @ SPACE AGE MAIL . . . Castlegar postmaster Ben Evans (left) and Ald. Bob MacBain with a copy of the front page of The Times newspaper of London — transmitted electronically to Castlegar the same POST OFFICE MOVES INTO COMPUTER AGE By CasNews Staff Castlegar now has the potential for instant written communications with 50 Canadian cities and 43 countries throughout the world. Tuesday marked the final installation of Intelpost at the Castlegar post office. Intelpost is in essence an electronic photo-copier which transmits high-quality reproductions in seconds to places distant as Sydney, Nova Scotia or Trinidad and Tobago. Castlegar is the only post office in the West Kootenay to offer what is literally the fastest postal e in the world, according to Nicholas Monkhouse, manager of marketing development for Can: Pacific Division. Y 2 day it was printed. Castlegar is the only town in the West Kootenay now offering the Intelpost com- munications service. Monkhouse was present at an inauguration cere- mony for the new service Tuesday, also attended by Ald. Bob MacBain, local postmaster Ben Evans, and local business persons. Kootenay West MP Bob Brisco sent a letter from Ottawa congratulating Castlegar on Intelpost, which he heralded as having “historic, economic and_ social significance.” Canada Post president Michael Warren also sent a congratulatory letter, which took. 47 seconds to reach Castlegar from Ottawa. Also sent the same day was a copy of the front page of The Times newspaper from London, received the same day it was printed. Intelpost messages cost $4 a page to send in Canada and $5 to U.S. destinations. According to a Canada Post release, although Intelpost is most commonly used by businesses, it's also useful for quick personal messages Once the message is sent, it can be picked up, sent as regular mail, or sent special delivery for an added charge “Depending on time zones, you can get same day service, or at least next day service,” Monkhouse said Castlegar is one of 10 B.C. cities to have Intelpost, the closest being Kelowna Speaking at the ceremony, MacBain said Intelpost is “a tremendous innovation and a tremendous addition to the services this city can offer.” beef SUPER SAVER SPECIAL up to 1.36 (3 Ib.) pkgs se 1.48 ground With One Filled Super Saver Card Offer Good Thru June 15/85 cut from Canada grade A beet boneless Ib. Boesky a takeover 'pirate' NEW YORK (AP) — Top arbitrager Ivan Boesky is a mercurial man. This week, the 48-year-old multimillionaire was almost before the stormed out of his boardroom interview even began because he was not granted control over which SUPER SAVER SPECIAL detergent Tide powdered laundry 8 g 12 L box « This Offer Good With 2 Filled Super Saver Cards. Offer Good Thru June 15/85. Old South from concentrate apple juice IL tetra ctn. .89 SUPER SAVER SPECIAL Kraft macaroni & cheese dinner 225 g box o With One Filled Super Saver Card Offer Good Thru June 15/85 Delsey * white SUPER SAVER SPECIAL bathroom tissue we 1.18 With One Filled Super Saver Card Offer Good Thru June 15/85 SUPER SAVER SPECIAL Dri * beige * w beige print * white print paper towels | 8 Ss With One Filled Super Saver Card Offer Good Thru June 15/85 2 roll pkg SUPER SAVER SPECIAL crusty rolls Oventresh dozen pkg a 3 y Honeysweet With One Filled Super Saver Card Offer Good Thru June 15/85 expansive during an inter. view at the Algonquin Hotel, a famous gathering place of the literary establishment a spot chosen, perhaps, be cause his new book, Merger Mania, was to be among the topics of discussion. Two weeks earlier, he had photograph would be used to accompany the story. But then stress comes with the territory for arbitragers, who stake huge sums of money on events over which they have little control. Boesky is a Wall Street risk-taker who invests in companies he believes to be Unconeetional” Centre scenic lakes persons beautiful and serene setting @ Located on the shore of one of the world’s most ©@ Ideal new facilities for sales meetings conferences, staff golf tourneys or fun weekends © An international cruise on Waterton Lake, with refreshments, can be part of your agenda © Banquet and convention facilities for up to 125 @ 70 spacious, deluxe rooms and suites @ Fine dining room, lounge and tavern @ Available May Ist through October 15th The Waterton area offers seclusion yet ample services. Championship 18-hole golf course; tennis courts; olympic-size swimming pool; spectacular hiking trails; abundant wildlife; gift shops and boutiques. Bonus: Fun Book offering discounts of $20 value or more for each person The ideal Setting For Accomplishment And Relaxation Openings still available. Book early to avoid disappointment of its Box 38, Waterton Lakes National Park Alberta, Canada TOK 2MO Phone (403) 659-2211 Toll-free reservations from Alberta locations after May 1st: 1-800-552-8008 takeover targets. He hopes denies using inside informa bidding wars will increase tion the value of his holdings. that They usually do. Boesky is public one of the richest men in the corporate have not which would be il decisions been made Forest industry wants ministry OTTAWA (CP) — When you live the life of an election campaign promise, the future is always on open question. Just ask Gerald Merrithew, minister of state for forests. Establishing a forestry ministry was one of Prime Minister Brian Mulroney's election pledges. By appointing a minister of state, he half fulfilled it. Now the forest industry, forestry unions and opposition MPs want Mulroney to go the rest of the way by giving Merrithew some real power and a department to administer it. They feel that forestry for many years has not been given the attention it deserves as the country’s No. 1 industry and leading employer. They want a strong federal department to help it deal with many serious problems, including the depletion of commercially viable forests and rising hostility toward Canadian lumber imports in the United States. “We have seen Mr. Merrithew's appointment as a very positive happening and we have been very impressed with the gentleman himself,” says Allan Sinclair, vice-president in charge of government affairs for the British Columbia Council of Forest Industries. “But we see that as the first step toward the ultimate need — which is a full ministry.” “The federal government must have a full-time minister and certainly a full department,” says Jack - Munro, president of the International Woodworkers of America, Regional Council No. 1. “The feds should have a full minister so they can... help straighten out the mess that's in the forests.” Liberal forestry critic Brian Tobin and his New Democrat counterpart, Jim Fulton, have also asked the government to create a full forest ministry and introduce a national forestry act that would give it real power. But ask Merrithew when he'll get a ministry of his own and he shrugs and says: “I have no crystal ball.” “I, obviously, in the final analysis, will not make that decision,” he said in an interview. “The boss (Mulroney) will and the caueus will and the cabinet.” NEEDS POWER Tobin says that only a powerful minister will be able to ensure industry and the provinces bear their share of the work that needs to be done to preserve the forest resource. Most forests are under provincial jurisdiction, but about 50 per cent of the funding for forest programs comes from the federal government. A forest ministry was created in 1960 by Conservative prime minister John Diefenbaker. Liberal Lester Pearson gave his forest minister added responsibility for rural development. But the forest portfolio disappeared under Pierre Trudeau, who combined it with fisheries in 1969 and then in 1971 reduced it to a sub-secti of the it Department, which is not even classed as an economic ministry. Mulroney made the forestry service part of the Agriculture Department, which at least put it once again into an economic portfolio. But it also means that Merrithew is just a junior minister who can't really make decisions about the issues he deals with. Merrithew's statutory responsibility is limited to overseeing the work of the Canadian Forestry Service, a group of about 1,300 people scattered across the country who conduct scienti' and ini federal- provincial forestry development agreements. However, Agriculture Minister John Wise is ultimately responsible for forestry matters. And most of the real power over forest issues is in the hands of other ministers, such as Industry Minister Sinclair Stevens and Trade Minister James Kelleher. Stevens is in charge of handing out regional grants to the provi Merrithew’s forestrv pacts are subsidiary agreements, which means he can't do anything without Stevens's approval. It didn't take long, for lle, to a forestry agreement with British Columbia. Signing and delivery of the money, however, was held up for weeks during the height of the tree-planting season while Stevens and the province over total funding for the entire regional development package. Stevens also controls the government's support program for industrial development. When, he initially turned down Domtar’s request for a grant to help modernize a Quebec paper plant, Merrithew was not even informed. Kelleher is in charge of responding to swelling demands in the United States for measures to reduce imports of Canadian softwood lumber. However, Merrithew says the softwood lumber issue “is essentially mine,” and notes he recently: travelled to Washington to talk about it with U.S. administration officials. Nevertheless, when senior U.S. officials were in Ottawa last winter for talks on lumber, a reporter's reference to Merrithew led one external affairs officer ‘to inquire: “Refresh my memory. Who's Merrithew?” The question asked by the forest industry and the opposition is what Merrithew can achieve with so little power. “He's got nothing to trade around the cabinet ‘table,” says Tobin. “He has got no dollars. They're all in the hands of other ministers. He has got no clout he can trade with any other minister.” idea of sending away for a garment C.O.D. a throwback to the 1920s, haven't seen what Farideh Talifar is up to. by return mail, enclosing cheques and order forms re- questing the latest Guy Lar- oche, Ted Lapidus or Chris- tian Aujard. < A former Iranian fashion designer who came to Canada four years ago, Talifar open- ed her boutique in 1983, convinced there was an open- ing for her kind of shop. She goes to Europe two or three times a year, shops carefully and shrewdly, often with particular customers in mind. Yes, I'm interested in get- ting the Castlegar News os follows Ls Mail contact me with Nome (Please Print) City i ene Number OTTAWA WASTING MONEY? OTTAWA (CP) — The De- fence Department may be wasting tens of thousands of dollars a year by encouraging ministers to use its executive jets even when equally-avail- able commercial flights would be cheaper, govern- ment guidelines suggest. While the guidelines state the department should re- cover its full operating costs for flights by ministers and. or their officials relating strietly to departmental bus iness, flights for “general government purposes not specifically related to the programs of a department” are charged much less. “As far as I'm concerned, sometimes the ministerial rates don't even pay for the catering,” one Defence of ficial told The Canadian Press, speaking on condition he not be identified. Moreover, the losses may have been accumulating for years — first in the Trans. port Department which orig: inally ran most of the fleet, and now in Defence. The guidelines, released LING CAN ENEE 610 CJAT - 4th ANNUAL FATHER’S DAY United States, reported to be worth between $150 million and $250 million. A QUICK START The arbitrager was auda cious from the beginning The son of a Russian immi grant who became a deli owner in Detroit, Boesky says he drove around selling jee cream from a_ truck when he was 13, although he did not have a driver's li cence. In 1972, he was named a general partner in the Wall Street brokerage firm of Ed wards and Hanly, where he organized and managed sec urities arbitrage. He went into business for himself in 1975 and now is chairman, chief executive officer and controlling shareholder of Ivan F. Boesky Corp., which in the last four years has swollen from 25 to 100 em ployees. He invests not only for his own account but also for in vestors who invest in him. He pays a vast network of ex perts for information but he legal His profiting from other people's mergers is contro. versial “Are you a pirate?” a re porter asked Boesky in Feb- ruary PROFIT DEFENDED “That's a euphemism for people who seek a profit,” he replied. By God, one of the great things about this nation is that we can seek a profit And I'm proud of that. And if you can gain profit, that's even better and that's not a dirty word.” Does he feel responsibility for perhaps precipitating un. wanted takeovers of com panies? The company makes itself vulnerable by being inatten. tive to the fact that its shares are undervalued, he said. “Shares are out there to be bought.” Any influence he has on the decisions of other tra. ders is “not an irresponsible act or something that is done with intention.” Castlegar Aquanauts ANNOUNCEMENT The Castlegor Aquanauts would like to thank all those who supported our bingos throug raised will go towards operating the largest competitive swim club in the Kootenay Region FIRST $1,000 WINNER OF JUNE 1 BINGO MRS. CERINA GOAD of Yakima, Washington Thank you all for the support jout the year. Money under the Access to Informa. tion Act after earlier re quests to official spokesmen were rebuffed, were written in 1974 and remain in effect under the Conservative gov ernment. However, the Defence De partment refuses to comment on the matter despite a week of repeated requests. The potential for was illustrated last month by Fisheries Minister John Fra ser's two-week trip to Europe. Fraser used a Challenger jet for 28.5 hours of flight time which, at the Defence Department's estimate of $1,900 an hour in operating costs, would have cost about $54,000. A‘SAVING’ But Fraser spokesman Eric Alexander said the jet was used because the Fish eries Department was only going to be billed $11,355 and commercial fare for the dele gation would have been abou $24,800, a “saving” of about $12,600. In fact, the loss would ap pear to be about $30,000 — and the Defence Department picked up the tab. Earlier this year, Com munications Minister Marcel Masse complained to Bill Fox, press secretary to Prime Minister Brian Mul roney, about news accounts that he spent $19,000 flying himself and six others to Vancouver on Feb. 26 within minutes of a commercial flight which, for the same number of people, would have cost $2,736 WOODLAND PARK ESSO Gas & Groceries 5:30 a.m. - 10 p.m., Mon. - Sot 7 @.m. to 10 p.m. Sundays FISHING losses Categories Include: HEAVIEST RAINBOW « SILVER * DOLLY VARDEN From LOWER ARROW LAKE & COLUMBIA RIVER (KEENLEYSIDE DAM TO CANADIAN BORDER) $200 and One Choice of Many More Prizes CHILDREN 12 & UNDER: $25 In Cash — 2 Heaviest Fish $25 In Cash — 2 Heaviest Fish (Any species on Lower Arrow Lake) (Any species on Columbia River—Keenleyside Dam to Canadian Border) ENTRY FORM $5.00 PER PERSON ** NET PROCEEDS TO FISH & WILDLIFE PROJECT ENHANCEMENTS AND CJAT'S C.S.A. ACCOUNT Listen for Complete Coverage of Derby events throughout the weekend on =aRK=Zs IT°S GREAT TO BE IN THE WEST KOOTENAY