CASTLEGAR NEWS, December 6, 1981 * te _ UTILITY POLES on ad g photograph. —CasNewsPhoto by Cheryl Wishlow CNIB comes under fire CALGARY (CP) — A con- ference of blind people from across Canada has called for dismantling of the Canadian National Institute for the Blind. John Southern, vice-presi- dent of Blind Organization of Ontario with Self-help Tac- tics in Toronto, said CNIB's intergra- Immigration should assume been responding to advice on responsibility for finding jobs its services though a blind in industry. persons’ committee, which Job-training and career makes recommendations on counselling services provided programs to the CNIB ex- by the CNIB, are so inad- ecutive, he said. equate they are “virtually. McKewn disagreed with a non-existent,” he said. Blind recommendation that a quote people require “more of a ‘system be established re- say,” especially at the ad- quiring employers to hire a it level, within certain number of disabled tion of blind people into industry and the community because agencies can simply refer problems to the insti- (Voice of the People Ootischenia landowners|'' Editor, Castlegar News: The trustees of Ootischen- ia Improvement District take issue with the article that appeared in the Nov. 26 people can come to the con- clusion concerning the straw vote as is stated in the brief. into presentations, is simply not. right. Had our brief sup- Ported the position of Alex dave, BCLS, and his two-acre parcels cannot be as edition of the C: News sub- namely, “Owners accuse ” First, we would like to put some of the innuendos into proper perspective. Seventy names on the petition rep- resents only 20 per cent of division. It would be more proper to interpret the straw vote in the, following manner: 27 votes in favor of re- maining as is or limited sub- division and to remain in the the landowners in Ootis- ALR. chenia. The list of complaints and recommendations that is endorsed by the so-called “concerned citizens” obvious- ly is not supported by the vast majority of landowners. Majority of land owners of lots one-acre and more does not favor exclusion from the. ALR and intensive subdivi- sion. At the recent meeting in Ootischenia referred to in the brief it was clearly stated that subdivision to a mini- mum of two acres meant that Ootischenia would remain in the ALR. Now, surprizingly, the results of the straw vote as presented in the brief were quite correct: 1. No subdivison 10 2. Minimum Lot Size two acres 17 3. Minimum Lot Size one acre But we find it very difficult to understand how educated 26 votes in favor of inten- sive subdivision and exclu- sion from the ALR. The RDCK and the Ootis- chenia Improvement District have been striving to achieve what the majority of the landowners have expressed over the past years. If any- one is leading the landowners to make a decision not in their best interst, it is the ident large land Site would they still feel that we overstepped our jurisdiction? ‘The board presented the brief to the RDCK at the re- quest of the RDCK. We ag- ree that the brief does not have support of all land- owners but we believe that we have support of the majority. The trustees: have a man- date to secure water for agricultural purposes, and as stated to the landowners at our last annual meeting, our | priorities are the following: 1. Secure enough water for all existing parcels within the district, 2. Secure an ARDSA grant in order to secure more water for i pur- er. Proper planning should be done by qualified planners and carried out in the best interests of the majority of citizens in that community. We are accused of over- stepping our jurisdiction — “elected officers were not elected for planning pur- poses.” That is correct. we 26 are not elected for planning purposes but to deny the board the right to make Sani-dump station Editor, Castlegar News: This letter is in regards to an article published in the “Castlegar News” stating that the city of Castlegar was not faciliated with a sani- dump station for tourists or residents and their recre- ational vehicles. This is to inform you that Woodland Park Service lo- -eated at 1780 Columbia Ave., has a sani-dump station that has been used by tourists and residents alike for a number of years. If this topic had been prop- erly researched the general public would not have been 1780 Columbia Ave. Castlegar You have a role Editor, News No one wants a nuclear war, but most of us think there's nothing we can do to stop it. That's where we're wrong. One who knows we can play a part in slowing the arms race and creating an attitude of hope is Kathleen Wallace-Deering, B.C. co-or- dinator for Project Plough- ons, where it has members- hip in the Non-Government Committee on Disarmament. You can keep on telling yourself there's nothing you can do about nuclear war, or you can come out on Monday. I hope you'll come. Ted Bristow Castlegar poses. These priorities have been upheld at our annual meeting by a comfortable majority of landowners. In conclusion, the board rejects any accusations that are stated in the brief that concern the Ootischenia Im- provement District, and fur- ther state that we will work towards the goals of the majority, without ignoring genuine needs of minorities — but in the final analysis the majority must rule in a democratic society. On behalf of the board Alec J. Cheveldave, chairman of the trustees Sf. TRODUCTORY SPECIAL 15% OFF ALL VERTICAL & ! HORIZONTAL BLINDS BY SUPERIOR VENETIAN BLIND SERVICES LTD. AVAILABLE ONLY: THROUGH Petron Oyo rants wos. 613 Columbla Ave. A COMPLETE BLING SIAVICE Castlegar 365-6214 | Tart Castlegar Downtown Businessmen’s Assn. XMAS HOURS TUES. Dec. 8 9 WED. | THURS.) FRI. Dec. 9| Dec. 10/Dec. 11 9 9 9 to 5:30 TUES. | WED. Dec. 15|Dec. 16 9 9 to 5:30 TUES. Dec. 22) 9 to 9 64 YEARS AGO TODAY “Halifax blast killed 2,000 HALIFAX (CP) — On the frosty, morning of--Dec, 6, 1917, the Norwegian relief ship 8.8, Imo sliced into the side of the French munitions Padiath Mont Blane and Hali- fax entered the record of disaster, on Mont Blanc, packed with ammunition and sitting in the Narrowest part of Halifax harbor, blew sky- high and unleashed the most devasta- ting shock known to man un- til Hiroshima’s nuclear hor- ror, The blast killed at least 1,963 people. A total of 3,000 grave markers were built. More than 9,000 were in- jured, hundreds were blinded by flying glass and the city's north end resembled a fallen house of cards, The explosion, which rat- tled dishes 100 kilometres away, destroyed 1,680 build- ings and damaged 12,000 others, A train station, schools, churches and fac- tories collapsed. Ships sank, reduced to twisted metal. A rock heaved from the bottom of the harbor killed 65 sailors in a single blow. Within hours, a terrible storm dumped snow on the devastated city, and more explosion. Who was at fault for the blast? Harbor pilot Francis Mac- key and Mont Blanc Helm- sman Aime LeMedec became the focus. Both were charged the same spot in The. fe rows, where the harbor is just a half-mile wide. When they collided, a fire broke out on the Mont Blanc's foredeck, where the crew had stowed barrels of ble benzol. Hi died from cold and exp Two days later, another bliz- zard lashed Halifax, con- fusing relief work. WAR BROUGHT HOME Suddenly, the ugly war in faraway Europe was brought crushingly home to the 65,000 residents of the bust- ling seaport. The record of heroic res- cues and unflagging work to help the injured and the 25,000 who were left home- less stands to this day. But there was suspicion among the dazed survivors as they tried to conceive, of the events leading to the dis- aster. An editorial in The Herald of Dec. 12, 1917, accused the descendants of German im- migrants of being behind the with but charges were dropped. Mackey was suspended but reinstated. LeMedec was named Chevalier de la Legion d'Honneur by the French government. of onlookers gathered at the water's edge, not realizing their fate. They were surprised to see life boats pulling away from the Mont Blanc. Seeing the crew abandon ship, firemen 4 id rules had been broken and those in charge of the ships were guilty of gross negli- gence. It was found the ships had neglected public safety by not warning of the danger implicit in a fire aboard a munitions ship. FOLLOWED MISTAKES It seems the explosion fol- lowed a series of mistakes. The Imo was leaving the harbor from Bedford Basin. The Mont Blanc was heading the other way but inexplic- ably both ships headed for Walesa seeks help from a naval cruiser were cupated to put out the are firemen did not know what the crew knew — the Mont Blanc was carrying 4,000 tonnes of TNT and 2,300 tonnes of pieric acid, It was a floating’ bomb, Eighteen minutes later, at 9:05 a.m. the first explosion rocked the city, reducing the Mont Blane to cinders, driv- ing the Imo onto dry land and killing thousands. Two other shocks, at 9:10 and at 10: os were recorded. Quebec faces $3 billion deficit MONTREAL (CP) — Ap- pealing to their “social con- science,” Premier Rene Lev- esque is asking Quebec gov- ernment employees to re- nounce part of their next wage increase to help ease the province's budgetary woes, Levesque had dropped hints to that effect last month in his inaugural address opening the current session of the national assembly. But he was more specific in 1982, wage increase — what the contracts identify as the “collective enrichment” com- ponent. Levesque said he wouldn't touch cost-of-living adjust- ments which will make up most of the increase, but that if employees renounce their collective-enrichment gain, the province would save $100 million. Quebec faces a $3-billion- agencies offering them assis- tance. Bill McKewn, CNIB's dis- trict administrator in south- tute. Because CNIB's method of providing services changes so much across the country, he said, there are “great inequities” in services of- fered from one province to the next. Southern said the quarrel is not so much with the CNIB as with government and community agencies that are not providing comprehensive services for the blind. He said the federal De- partment of Employment and TORONTO (CP) — Profits at the Canadian Imperial Bank of Commerce rose 61.5 per cent in the fiscal year FURNITURE: ANTIQUES: Wardrobes, Chairs, Clocks, Tables. $ggo0 8" Vises ... 1007 2nd St. Castlegar OPENING DEC. 4 Kootenay Auctions & Trading Post Chrome Suites, Chesterfield Suites, Box- springs & Mattresses, Night Tables, Dressers, Hanging Wali OPENING SPECIALS ON TOOLS NEW %" Socket Sets $139 AND SO VERY MUCH MORE. % OPEN 7 DAYSA WEEK x Chest of Drawers, 40 pc. Socket Sets . $1199 Phone 365-5735 workers. Disabled people should be hired on their abilities. “I wouldn't want to work ern Alberta, said eliminating on a job knowing the only the institute would be a reason I was hired was be- “radical” step. CNIB has cause I was blind.” Bank profits skyrocket \ ended Qct. 31 to .$310.2 million from $192.1 million a year earlier, the bank said this week. Of the other major char- shares. She is familiar with what the United Nations has outl- $7-million ined as steps toward peace and security. She has partic- ipated in conferences on the subject with Canadian gov- ernment officials, and has seen what ordinary citizens can do to support the cause of disarmament. She will be speaking at 8 p.m. at the Castlegar United Church, 2224 6th Avenue. Everyone is invited. Project Pl wh- plastic dome proposed MONCTON, N.B. (CP) — Civic and business leaders are considering a $7-million development project which would involve capping sev- eral blocks of Main Street with a plastic dome. The’ prop luded ich she rep: is suppo- rted by many Canadian chu- rches, and works in co-oper- ation with the United Nati- tered banks, the Royal Bank ~ of Canada reported a 50- per-cent increase in profits to $492.5 million from $327.4 million; Bank of Montreal a 36-per-cent gain to $858.5 million from $263.2 million; Toronto Dominion Bank up 40 per cent to $255.8 million from $182.5 million; and the Bank of Nova Scotia up to ig and air condi- tioning the domed street to attract shoppers and stimu- late downtown business. Instant Camera Reg. $35.95 NOW $2295 Mode! C, for Colorburst Camera Reg. $34.95 NOW $19” aimost? SO WHEN YOU BUY THE PAIR ‘Colorburst 50 Fm vanten ’ While Stock Lasts Buy T i ney The Rote fee $ 4 ] 9 5 Another Flash Bulb....... CARL’S DRUG MART Castleaird Plaza Closed This Sunday, Pharmasave Open‘Noon-1&6-7 p.m, Kootenay Savings Credit Union : Holiday Hours $224.1 million from $221.2 © million. GROCETERIA & LAUNDROMAT We Are Open 364 Days a Year monday - Satureay 8:30 - 10:30 p.m. Sunday & Hi s 9- 10:30 p.m. 1038 Columbia © 365-6534 Dec. 24, Thurs. TRAIL, FRUITVALE CASTLEGAR, SALMO * SOUTH NEW DENVER 10-5 Dec. 285, Fri. Dec. 26, Sat. Dec. 27, Sun. Dec. 28, Mon. Dec. 29, Tues. Dec. 30, Wed. . 31, Thurs. . 1, Fri. . 2, Sat. . 3, Sun. Jan. 4, Mon. Jan 5., Tues. 10-5 10-5 SLOCAN 10-5 10-5 _NAKUSP WANETA PLAZA 10-5 Thurs., Dec. 24 Fri., Dec. 25 Sat., Dec. 26 Sun., Dec. 27 Mon., Dec. 28 Tues., Dec. 29 Wed., Dec. 30 Thurs., Dec. 31 Fri., Jan. 1 Sat., Jan. 2 Sun. Jan. 3 Mon., Jan 4 , Tues., Jan5 By THOMAS NETTER, demonstration by firefighter met a month ago to begin WARSAW (AP) — Soli- cadets. aimed at forming a darity leader Lech Walesa Specialists from Solidarity front of understanding to sought Archbishop Jozef and the government were solve Poland's crisi. Glemp's help on the Polish scheduled to discuss the Since then, however, de- crisis Saturday as union and my ina h Tv have all government experts pre- program Saturday night — but halted the talks, and pared fora TV debate on the one of 10 such programs Solidarity locals are becom- economy. planned for the coming ing increasingly militant in A Warsaw newspaper, months. Observers said the their attitudes towards offi- meanwhile, saida decision by union-government format fell cials, voting in some factories Solidarity to carry out a short of Solidarity’s demand to oust party cells. threatened general strike for unrestricted accesstothe | They also have approved now would be a form of communications media. plans for a general strike if “economic suicide.” MEDIATES CRISIS the government takes prop- Walesa and the primate ‘The church in overwhelm- osed anti-strike measures, talked for 90 minutes in ingly Catholic Poland has sparking harsh criticism from Glemp’s residence. There strong influence among the some hardline members of was’ no communique, but 9.5 million members of Soli- the Communist party, includ Walesa was believed certain darity and has played a ing Stefan O! amem- to have discussed with him mediating role between the ber of the governing Poli- as Solidarity's threat of a gen- independent union and the tburo. eral strike. He was also likely communist government Olszowski sais Solidarity’s e to have sought the Roman through 16 months of crisis. latest strike threats are fan- Bid to Catholic primate’s help in Glemp, Walesa and Gen. ning up “hatred and distrust” Galming Worker AOgErOUEF WT faruiselaki, Who’ is and that the union’ et.VIA <7 Pound's party * leads ea ight ; g paw Lne = ty forces’ broke lip & sit-in” fonce ‘minister and premier, " The fight, angry over the commando raid Wednesday, back on track EDMONTON (CP) — Jasper, Alta,, Chamber of Commerce is trying to get Via Rail’s an interview published Sat- urday in the daily La Presse in which he asked govern- ment unions to pass up the general part of their July, By LINDA DROUIN MONTREAL (CP) — Del- egates to the Parti Queb- ecois's eighth convention want to remove all mention from the party platform of and Thursday it would stage of general strike if the govern- Small businesses ‘falling off like flies’ —suttmdiotaatterette OTTAWA (cP) - Small- urday, said small- and med- was formed in August, 1980. plus deficit for the current fiscal year, and has been reluctant to raise income taxes further given that it al- ready has the highest taxes of any province. PQ committed to independence commit the PQ to the pursuit of outright independence for Quebec. In workshop sessions Sat- urday, they: voted to make sovereignty the party’s main goal and worry later about economic association with the rest of Canada. Resolutions coming out of the various workshops were to go to the convention's plenary session later in the . night for a final'vote by the more than 2,000 delegates. But it was.still unclear late Saturday how strongly the final resolutions would be worded. Some disagreement devel- oped in the workshops over heh term, “independence” ” should be said after a meeting in the central city of Radom on train back on track through the Federal Court of Appeal. and aren't The Warsaw newspaper “are falling off like flies” and the ate ones affected but Zycie Warszawy said Soli- “they are the great job cre- darity’s threat to launch a ators,” accounting for more general strike was causing than half the jobs in Canada. “worry, objection and re- He said several areas of gret.” the budget require change, | It said that a general strike particularly the decision to under current . conditions limit the amount of income would “be a form of economic tax deductible for interest suicide.” paid on loans taken out to Since Solidarity’s forma- finance new “investments. tion food shortages have Crombie said that measure grown and the government's can only slow down invest- debt to Western creditors ment and cause more un- has risen to an estimated $27 employment. billion. Finance Minister Allan Mac- Eachen’s November budget is only making the situation worse, says Progressive Con- servative labor critic David Crombie. Crombie said it is “ab- solutely essential” for Mac- Eachen to ease up to the economy and predicted the minister will do so soon. Crombie, interviewed by Standard Broadcast News on Friday for broadcast Sat- Edmonton lawyer Barry itz says the cham- Zalmanowit ber will challenge last month's federal court de- cision, which rejected at- tempts to stop cuts in rail passenger service. The train service through Jasper and Edmonton, part of the enshrined in the party plat- form. Moderates and elected members of the national as- sembly who have some ex- perience with the getting and keeping of power prefer “sovereignty” because it has less revolutionary connota- tions. Y But whatever word is fin- ally chosen, there is no dis- HERE COMES SANTA CLAUS. Santa and Mrs. Claus rode on horse-drawn sleigh to yesterday from D-Bar-D Riding Stables to the arena complex where children came tell their Christmas wishes. —CosNewsPhote by Chery! Wishlow ‘Christmas spirit ~ gets-to--Mrs:-Claus’. CHICAGO (AP) — “Bug off, kid,” the voice said to the little tyke who had tele- phoned Santa Claus to say what he wanted for Christ- mas. “Look, you little brat, why don’t you go Clean your room?” Another child who dialled the Santa Claus telphone number was told. “Listen, kid, you'll get a slap in the head if you don't leave the phone along—do. you understand?” was the answer. snapped at a third The children hung up, crying on Phillis Wegrzyn, route, was cancelled Nov. 5 by a federal order-in-council. Zalmanowitz said no date had been set for the appeal. p! among del that the next provincial elec- tion must be fought over independence, pure and sim- le. whose ‘teleph number is very similar to the one Iili- nois Bell gave out as Santa's hotline. “It was driving me nuts,” said Wegrzyn, a widow and mother of seven. “Just when Td hand up, the phone would ring again and it would be nother one.” An area radio station ap- aprently announced by mis- take that its listeners should dial Wegrzyn's number for a message from Santa. GOT 100 CALLS and he said: ‘Yeah you big dummy, you never give me anything good ‘anyway.’"” " After two or three days of constant jingle bells, Wegr- zyn called police, who even- tually took her seriously. But by then the spirit of Christmas got to Wegrzyn, who decided to play Mrs. Wegrzyn's teleph be: Santa Claus — without hav. gan jingling the day after Thanksgiving, when she said she received at least 100 calls’ from children who wanted 'to tell her their Christmas wishes. , Wegrzyn acknowledged that she was “pretty hostile” to her callers but said she thought for a while that someone was harrassing her. “Some of the kids got mad. I told one of them to go to hell little kids be disappointed.” “So' we made a tape of music, and when the phone would ring we'd play the tape and one of my daughiters would say: ‘This is Mrs.’ Santa Claus. My hus- band is busy making toys, so why don't you tell me what you want for Christmas?’ ” « TIMES HIT BY LOSSES LONDON (AP) — The Times has lost 8 million pounds ($18 million Canadian)since July 1 and losses might reach three times that amount or more, managing director Gerald Long says. Answering questions from one of his own reporters on the future of Times Newspapers Ltd., Long said he knew of no plan or possibility of their being sold. But he had had “quite a few conversations” on the possibility of shutting them down if planned economies are not achieved. Long, whose remarks appeared in The Times on said the was very worrying and he hoped some action would be sought to limit the losses. However, he added that reports that the work force of 4,000 might be halved was “rubbish.” The Times, 196 years old and currently selling 290,000 copies daily, has lost money for years, although its sister newspaper, The Sunday Times, and weekly supplements, generally make money. They were all bought last February for 12 million WORLD BRIEES .. . WORK FOR FREE MOSCOW (AP) — Millions of Russians worked without pay Saturday “for the public benefit” to mark the 40th anniversary of the Soviet victory over the Nazis in the. Second World War battle of Moscow, the state media reported. “Work for the nation day” will raise funds for various social welfare projects, including hospitals, child care centres, sports facilities and holiday residences, Radio Moscow said. It did not say how much money might be raised. Moscow residents initiated the action and workers in other parts of the Soviet Union were also participating, the report said. pounds (then about $33 million Canadian) by A publisher Rupert Murdoch, head of News International. The Toronto-based Thomson 0: the. pre- vious owners, said it lost 70 million pounds (about $165 millon on Times Newspapers over a 14-year period. GAS WAR KENORA, ONT. (CP) — Motorists jammed service stations again Saturday, causing two-lane lineups two blocks long at service stations in a local gas war. | The competition has meant an early Christmas for motorists as the price of a litre of regular gas fell in 1'/ days to 19.9 cents from 38.9 cents. Cans of all sizes were drafted for use. Some motorists cashing in on the war filled up with 100-gallon tenks loaded on half-ton trucks. The customers also included a number of can-carrying pedestrians. The competition involved stations owned by Gulf Canada Ltd. and two Winnipeg companies, Mohaw Oil Co. Ltd. and Turbo Resources Ltd. Policeman directed traffic to reduce snarlups caused by the long lineups. luntar are annually held in April throughout the Teountry to support public projects. AID PROGRAM DELAYED TORONTO (CP) — Only three farmers across Canada have received any money from a low-interest emergency farm aid program announced in last month's federal budget,says the Ontario director of the Farm Credit Corp. Stewart Given said there was a flood of applications for the loans after the program was announced but only three Ontario farmers have been granted loans so far, for a total of $50,000. “There is still some delay with farmers having to go through banks first,” said Given. “This program will really ‘start whenever the banks are ready to start.” AVALANCHE TRAPS SIX ANCHORAGE, ALASKA (AP) — Six people were trapped overnight in a motorhome that was buried by snow when an avalanche swept across a highway, but all of them survived, Alaska State ‘Troopers said Friday. The six, including four members of a high school swimming team, spent a cold i night rnuredey | in the home of Rich Highway at Th Rescuers dug out the vehicle at aa » Friday, Lieut. Terry McConnaughey said. “We do have some injuries, but nothing that looks fatal,” McConnaughey said. “Everybody's accounted for and everybody's alive.” 10,000-YEAR PRISON TERM TUSCALOOSA, ALA. (AP) — A Tuscaloosa man was given a 10,000-year prison term and two life sentences Friday for shooting to death his wife, his mother-in-law _ and a university student. A jury found Dudley Wayne Kyzer, 40, guilty of one count of second-degree murder in his wife’s-death and two counts of first-degree murder in the other two slayings. It was Kyzer's second trial on murder charges. In his first trial, in 1977, he was sentenced to death. A retrial was ordered after the U.S. Supreme Court struck down part of Alabama's capital murder law. Circuit Judge Joseph Colquitt imposed the long sentences. The jury recommended the 10, 00-year sentence for interview that charges were laid by the RCMP commercial crime section. ; Goode is charged with five counts of fraud, two counts of intent to defraud and one count: of making a false ‘statement. He is also charged with one count of theft over $200, for a, total. of nine counts... Aw-ROMP spok theehi of an investigation which 't a He said the charges involved Goode 's company, Tom Goode and Sons td., and by Goode's creditors. Goode is to appear in provincial court in Delta Dee. 18. SAKHAROV HOSPITALIZED MOSCOW (REUTER) — Human rights cenpalgnee Andrei Sakharov and his wife have been taken toa hopsital, v that Soviet have decided to force-feed them to end their hunger strike. The Soviet government daily Izvestia announced Friday night that the 60-year-old Nobel prize winner and Yelena Bonner, 58, were undergoing “preventive medical treatment” in Gorky. He was banished there nearly two years ago.” They began their hunger strike two weeks ago to put pressure on the authorities to grant an exit visa to. 26-year-old Liza Alexayeva, who wants to join Sakharov's stepson Alexei Semyonov, who now lives in the United States. The two were married by proxy in a special ceremony last summer. THE BAY LOSING MONEY TORONTO (CP) — A leap in interest costs and slumping sales have dragged Hudson's Bay Co. of the \d-di murder and life for the first-degree murder moavictieas’ Kyzer had pleaded not guilty and innocent by reason of insanity. FORMER MAYOR CHARGED VANCOUVER (CP) — Tom Goode, former mayor of the Vancouver suburb of Delta, was charged Friday with eight fraud-related counts involving sums as high as $113,491. Palune Bourgeois, justice of the peace, said in an ‘ipeg down to a $40.65 million loss from operations for the first nine months of 1981. Things also look bleak for the fourth quarter, company president Donald McGivern said as he announced the — regular 30-cent dividend. . Operating at The Bay, the major retailer, which also owns all of Simpsons Ltd. and Zeller’s Ltd. of Montreal, made 4 profit from operations a year ago of $581,000. However, this was not enough to cover dividends for its preferred shares.