CASTLEGAR NEWS, — 2,1982 SAFEWAY | WHITE SUGAR te 102° 999 MEDIUM EGGS. ce || 1 a MONTREAL (CP) — It was a grey day in financial circles when the: bottom dropped out on the dollar Dec. ‘Flashback Bottom drops out on the dollar : With the lengthening bread lines that. year, the world had begun abandoning the traditional gold currenc; 15, 1981, but a lot of people had more imp: Those were Depression days. . The dollar's tumble to 80.08 U.S., a record low only bettered by Tuesday's close of 80.06, was front-page news then as now, but ds of th of Canadians were more concerned about where they would get their next square meal. Railway employees headed a vanguard of workers being forced to accept pay cuts; their wages were chopped 10 per cent-that month, Railway workers this year are getting 12-per-cent despite the ig i Relief lines formed each morning at soup kitchens; on Christmas Day that year, 6,200 Montrealers required + a free helping at the city’s regular canteens for the loyed and regular di ind-outers. Deflation was in full swing, The local A and P store sold eggs for 29 cents a dozen and round steak at 18 cents a pound. Retail food prices had fallen 25 per cent during the preceding two years. FROZEN PEAS 99° EDWARDS Betair, Fancy. Save 746, 907 g. (2 Wb.) Bag... dard on which y had been based. A freer float followed. The Canadian dollar began December, 1931, at 86.31. Then a dizzying two-week tailspin brought it crashing to 80.75 by noon Dec. 14. The next day, it dipped to 80 conts “even” according to a Canadian Press dispatch, but that was before trading was expressed in decimals, and the official low was later restated as 80,08. : CURRENCY RECOVERS The currency recovered to 80.25 at the close, and was more than 84 cents by year end. ' The Montreal Gazette reported Prime Minister R.B. Bennett was considering “definite plans . . . to protect Canadian interests against the sharp drop in the exchange rate.’ Only a few days earlier, however, Bennett's trade and commerce minister, H.H. Stevens, said he could see several advantages to the falling dollar, including the possibility that it would slow price reductions by making imports more expensive. ‘That's the opposite of what Ottawa now fears; & major reason Tivew against the idea of allowing the dollar to fall below 80 cents is that inflation will be fuelled as imported goods become more expensive. F The reason for the decline then was the same for the urrent dip — a strong U.S. dollar. ‘ ; The ‘American dollar that year was battering the still influential British pound, and its devastation of the Canadian dollar seemed almost incidental, even in Canadian papers. Tronieally, the dollar's decline was a boon to Canadian banks as thousands of Americans in border communities became speculators, trading their dollars for the Canadian version and banking the proceeds in Canada, awaiting a comeback by the Canadian dollar. A Boston newspaper warned of a “stampede of American dollars into Canada,” and border banks in New England were paying as little as 75 cents for Canadian dollars to stem the flow and perhaps profit from Canadians looking to convert their currency into something surer. . Ombudsman proposed for chartered banks OTTAWA (CP) — The would be snowed under with chartered banks should set complaints when the econ- Save $1. 907 g.(2 tb) Tia ....... EVAPORATED MILK we 221 up an ombudsman's office to handle complaints of persons who feel victims of unfair or overly harsh treatment by bank officials, say a mana- omy is faltering as it now is. Said Berger, a lawyer rep- resentating Montreal Laur- ier: “I really don't think we can step in and substitute gement Stephen Bancroft made the proposal Tuesday before the Commons finance committee inquiry into bank profits, saying a review procedure, especially for decisions by loans officers, could improve the image and behavior of banks. “It would do a lot to take the heat out of a dispute (be- tween a bank and a client) and a lot to improve the per- formance and credibility of the banks,” said Bancroft, a chartered accountant who said he was appearing as a layman with a personal prop- osal. Some MPs reacted nega- tively to the idea." Liberal David Berger said local bank officials are best "EMPRESS PEANUT BUTTER ne hed HOT HOUSE TOMATOES No. 1 Grade, ($2.18kg) .... 200055 LONG ENGLISH CUCUMBERS B.C. YOUNG q’ d to make j about loan applications and that an ombudsman's office else’s for the judgement of an indi- vidual loan officer.” * New Democrat David Orli- kow, a pharmacist from Win- nipeg North, said he favors the idea but not if the om- budsman were appointed and paid by the banks, An in- dependent body would be preferable. Bancroft gave several ex- amples of what he said were unfair treatment by banks, In one case a bank took possession of a stock cer- tificate as security against an increase in a loan ceiling. He said-the individual con- cerned had not given the bank permission to use the certificate as collateral, that. the person had alternative security that could have been used, and that while the bank refused to return the certi- ficate its original value of $30,000 had fallen by half. SEE THE TOTAL MANAGEMENT & MARKETING CONCEPT which includes opportunities fora second to full time income & travel. AMWAY DIRECT DISTRIBUTORS O., &1. Schmidt invite you to come & get the full information ot the Monte Carlo Motor Inn June 4, & p.m. Cost: $1 per person fa A | MALLARDS IN FLIGHT . .. With the backing of the Rob- son Volunteer Fire Department the painting “Mallards in Flight" is won by Martin Penner raising over $99 for the Robson Elementary School student's Blue Lake trip. The students are presently at the site. Left to right are artist Colin Pryce, seller of the winning ticket, student: Coleen Behan, fireman Jerry Verigin and Carson Raycroft, winner Martin Penner, Robson staff member Dough Hickey and principal John Landis. r it SOEUR RO AMMTGWN CB MUNN Street talk | CASTLEGAR MAYOR Audrey Moore cut the ribbon Tuesday marking the opening of a new business, Electrolux Canada vacuum company located in the main floor of the Oglow Building, 611 Columbia Ave. The company’s office in Trail was closed Saturday and moved to Castlegar because of the more central location, says EVERYONE WELCOME OFF ALLIN Pope John Paul Visit to Britain ends From AP-Reaters CARDIFF, Wales (CP) — Pope John Paul, winding up his ‘visit to Britain today, was’ + greeted’ in the capital of. Wales by more than 100,000 people waving yellow papal flags and the red dragon emblem of the Welsh. “Croesu I Gymru — Wel- come to Wales,” read many signs, in a display of the Welsh-English bilingualism that has become mandatory in public notices in this princi- pality, the site of resurgent nationalist sentiment in re- cent years. A male choir sang a tradi- tional Welsh tune: ‘We'll keep a welcome in the hill- sides, we'll keep a welcome in the vales,"’ as the Polish-born pontiff got out of the heli- copter he used for the short hop from Cardiff's airport to celebrate mass in Pontcanna Fields, a 24-hectare park. As he had done in England, Scotland and every other country he visits, the Pope ‘kissed the ground when he stepped from his plane at'the airport. " After meeting local digni- taries, including former Labor prime minister James Calla- ghan, the Pope toured Pont- canna Fields to the cheers of the crowd in a white ‘‘pope- mobile.’ The open-air mass was on a ~ smaller scale than others in England and Scotland, The Pope began the mass speak- ing in Welsh. drawing ecsta- tic cheers from the'crowd. The theme for his address was the sacrament of the Eucharist, or Holy Commun- fon. Thirty young children received their first commun- ion from the pontiff. The Pope told them: ‘‘Holy Communion is not ordinary food. It is the bread of eternal life. It is something more precious than gold or silver. It is worth more than anything you can imagine.”” ~ Among those attending the service was Ammanuel Tay- lor, 101, a former British consul in the Turkish port of Izmir and believed to be the oldest Roman Catholic in Wales.” i At the park, Cardiff's -city council had nailed a notice to a beech tree at the main gate, stating that a local bylaw passed a year ago ‘‘shail not apply to Pontcanna Fields on June 2, 1982."' The bylaw “prohibits preaching, lectur- ing, or the holding of or taking part in any meeting, demonstration, religious ser- vice, or religious discussion” in the park. Tens of thousands of fam- ities, many carrying picnic equipment trekked through the city during the night and were waiting in the park as the sun rose on a warm, misty morning. Cardiff was the last stop on the Pope's six-day journey, the first visit a Pope has ever made to Britain. Police said there were between 100,000 and 150,000 in the crowd for the mass; church officials had expected 200,000. Church officials estimate the number of Roman Cath- cics in Wales at 270,000 out of a population of 2.7 million. But half of those at the mass were expected to be non- Catholics from Wales and England anxious for a last glimpse of the Pope on British soil. Beer-wine commercials VICTORIA (CP) — The B.C. government released more details Tuesday about new regulations governing beer and wine commercials for radio ‘and television. Under the regulations, commercials must be submit- ted to the Liquor Distribution Branch for approval seven days before broadcast. Commercials cannot con- tain minors, family scenes or drinking ‘scenes, and cannot be associated with the opera- tion of a motor vehicle, air- craft, boat or snow vehicle. The ads cannot claim that beer or wine has healthful or beneficial effects, and cannot create the impression that alcohol may be consumed in a manner prohibited by flaw. Commercials must be sponsored and paid for by the manufacturer, whose product must be listed with the Liquor Distribution Branch. Consumer Affairs Minister Peter earlier stated cannot broadcast more than two such commercials an hour and cannot be directed at an audience consisting primarily of minors. NDP house leader Frank Howard said that for every dollar spent on advertising, the manufacturer should be required to place an addition- al dollar in a publicly-oper- ated fund which either would engage in a counter-advertis- ing program or to fund those radio and television stations about alcoholic abuse. Nc branch manager Peter Redding. Redding is shown here at left cutting the ribbon with are vice-president Bill Love, Moore and division manager Stan Grutchfield. IT’S NICE TO SEE the doom and gloom stories on the economy (or lack of it) aren't getting everyone down. A Street Talk operative spotted a dozen red roses in the Bank of Montreal last week. The roses were a gift to April Sweet whose husband Greg is a Selkirk College student employed out of the area for the summer. Greg sent them “for no special reason”, says April, though her smile showed the effect they had. . 18 JACKIE STEWART coming to town? CKQR radio this week reported that the famous race’ car - document information about their rare champion — turned commentator was, coming to Castlegar for the annual bedrace during SunFest days. Our local radio station would neither confirm nor deny the report, though it stated that this year's Indianapolis 500 winner Gordon Johncock would be in attendance, as would four-time Indy winner A. J. Foyt, who would assist the Castlegar RCMP with its entry, : Lawrence Chernoff of Castlegar Ambulance Society told Street Talk he himself was trying to discover where these rumors orginated but was having little luck. However word on the street is that CKQR assistant manager Brian Pritchard is behind this “hot story”. DON'T LOOK NOW, but you could have a valuable pair of shoes tucked away in the corner of your closet — and not even know it. At least that's what Alike Webber says. Webber is the curator of the Bata Shoe Museum Foundation and she and Sonja Bata, founder and chairman of the foundation, have undertaken to create the museum to commemorate achievements in Canadian footwear making and retailing. With the help of their staff, they collect, restore and finds. The museum boasts an extensive collection of Indian footwear and Webber — an anthropologist who specializes in' the ethnology of the North American Indian — has unearthed the fact that there are hundreds of types of moccasins, While on a visit to the Kootenays, Webber expressed a keen interest in shoes made by the Doukhobors in the early 1900s and would like to display the shoes in the museum. . Anyone knowing the whereabouts of this type of footwear is asked to contact Mra. Verigin at 865-5053, So start searching through those dusty closets. Would we be safe to say that if you didn’t help out you'd be a heel? THE PROBLEMS of getting in and out of Castlegar Airport are legend amongst local residents, but we never realized how well known those problems have become outside the Columbia River Valley. City clerk Ron Skillings passed on to Street Talk a poem from one of the passengers on a PWA. flight that never made it to Castlegar. The poem was written by Joan Galat from Cranbrook to Castlegar — en route by bus of course. * CASTLEGAR NEWS, June 2, 1982 From Edmonton to ‘Castlegar, I took a plane ‘cause it’s so far. But it was foggy, we couldn't land, The icy runway necded sand. Instead we flew into Cranbrook, , It was safe, they’d had a Chinook. By bus we continued to our destination, Kentucky Fried Chicken was our only ration, When finally we almost arrived at the town, Everyone cheered and stopped feeling down. Then suddenly disaster struck one more blow, In front of the bus slid a mountain of snow! The bus turned carefully on the narrow road, And though I came to ski, I wish it hadn't snowed. We headed towards Nelson a new detour, My two hour trip became a provincial tour. Suddenly the bus stopped, in a line at a lake, - I began to wonder how long this would take. I waited in line, this time to call home, And while I waited, I started this poem. “But when my turn came, there was no dial tone, I held the receiver, but felt all alone, Kootenay Lake Ferry was where we had paused, All because of what the weather had caused. We waited two hours, but the boat was small,. It fit thirty-two cars, but still not us all. My travelling companions had become friends quite soon, After all, we'd been together since long before noon. Another two hours, in “the restaurant,” The food in there is nothing you'd want. The boat was rocking, it was quite a ride, But finally we made it to the other side. Then in Nelson, we let some passengers off, - Te bus driver wanted us all to go, but he was soft. He took us all the way to our Castlegar fri And twelve hours later, the trip finally end: Though some people had to continue to Trail, My travelling ends, with the end of this tale: Only one fear is left to remain, : How am I going to get home again.? NANAIMO, B.C. (CP) ~ A list of potential B.C. Hydro bomb targets is being drawn up by RCMP officers as part of a police investigation into } Hydro beefs up security: groups with a history of confrontation with Hydro and focusing especially on the more local groups.”’ RCMP investigators are which set a fire that was still burning when construction crews arrived at the station seven hours later. EASILY OBTAINED the ig of a Island substation. “With the aid of Hydro we are identifying potential hot- spots and taking a close look at suspicious incidents,"’ said Supt. Scotty Gardner, who is taking part in an investigation led by Insp. Ed Wilson. Gardner said some Hydro sites are more vulnerable to sabotage than others because of their remote location or because they, are known to be opposed by protest groups. “We are also drawing up a short list of environmental -SunFest deadline nearing