* Page 2, The Herald, Monday, April 2, 1984 daliyherald Published every weekday at 3010. Kalum Street, Terrace, 9.C. by Sterilng Publishers Ltd. Authorized as second class moil.. Registralion Nomber 1201. Postage pald in cash, return povage guaranteed : Terrace: Circulation: : 635-8957 ; - 695-4000 , Publisher - David Hamilton’ Editor: * Advertising Sales: - Brian Gregg Nick Waiton Staff Writers.-Photegrapher * Sports: : - Ralph Reschke Holly Olson Recepiion-Classified: =< Circulation: Clalre Wadley . Sue Booten . . NOTICE OF COPYRIGHT The Heraid retains full, complete and sole copyright In any advertisement produced and-or any editorial or photographic content published in the Herald, Reproduction is not permitted withoyl the weltten parmitsion of the Publisher. . The Terrace-Kilimat Dally Herald Newspaper is politleally Indeperdent anda member of the British Colymbla Press Council. ‘ Unit Letters to the Editor To the Editor, For the past two years, I have been researching a book detailing the experiences of Canadians who served or worked in Southeast Asia during the Vietnam Era. . To date, 1 have confirmed several hundred Canadians who served with US., Australian and New Zealand ‘Armed Forces in Vietnam as well a5 Canadian troops who served with the series of International Controls - Commissions between 1965 - 78, Canadian journalists, doctors, nurses and others whose duties ranged from covert operations to rescuing orphans. 1 am appealing to your readers, who may have served or know someone who did, to contact: Doug Clark, 7 Douglas Crescent, Fegus, Ontario. N1M 1C1 519- 943-4019, : Thanking you in advance for your assistance, I remain. Yours truly, Doug Clark Art Lee new Liberal RICHMOND, B.C. (CP) — Seven hundred who "WASHINGTON (CP) — The United States-wants Canada to demonstrate - - support for U.S.-backed political forces ‘in El: Salvador, putting Canadian External Affaira Minister’: Allan “MacEachen on the spot in advance ofa’, visit to the strifetorn region this week. - |" MacEachen, who is conferring with | US. State Secretary George Shultz in.” Washington before heading to Central: America Tuesday, was understood to have been asked by Shultz to add El Salvador to his itinerary. _. Also’ discussed among MacEachen’s aldes was a proposal for Canada to provide observers to help aversee the ° next stage of-elections in El Salvador, . ‘which ‘are being conducted against the opposition of insurgent leftist forces in the Central American country. oy The written request, submitted in advance. of © MacEachen-Shultz meetings Sunday night and today, was- * proposed asa way of displaying support ~ Poland’s : WARSAW (AP) — Poland's Communist government ridiculed Lecti Walesa today as the world’s “most- » titled citizen,” suggesting sarcastically that a royal crown might be next in his ° _ array of honors. . The attack in the Communist. pa newspaper Trybuna Ludu came a day after Walesa, a founder of the outlawed ‘- labor union Solidarity and the 1983 Nobel Peace Prize laureate, denounced the official campaign to remove — crucifixes from public buildings. In a statement issued from his Gdansk ‘apartment Sunday, Walesa said Poles will use all means available to. win the so-called “war of the . crosses,” Without mentioning Walesa by name, Trybuna Ludu scoffed at his latest honor — becoming an honorary monk of the Pauline order at the Jasna Gora Monastery in Czestochowa, site of | Pojand’s holiest icon. ' Listing Walesa’s awards and honors, including the Peace Prize and honorary doctorates from western universities, the newspaper declared him a “recard- © garnered three per cent of the the popular vote in the. 4 fo democratic leaders engaged in a is ‘enmeshed in civil wai: preaidential election while the country oh - The Canadian minister, who.was “expected to reply to Shultz-today, was. ” umderstood from informants to ‘have’; ‘received conflicting advice “from ‘diplomatic. aides. SEE-DANGERS ae MacEachen had to weigh the idea of. © encouraging an electoral solution to the ° four-year-old strife in El Salvador - against the appearance of lining up ‘With one side in the struggle at the . behest of Washington. we The minister's travel plans origi iy excluded El Salvador, with the official ~ Peason’a desire to avoid seeming to meddle in the country’s affairs." Aides sald it would. be hard for MacEachen to avold meeting there with: the two leaders — Christian . Democrat Jose Napoleon Duarte and - "-Hghtist candidate Roberto d'Aubulsson communists ridicule Walesa holder” as “the most titled citizen in the world.” . ‘STRIKES AT WEAK' “Why not adding a symbolic presidential title — suggested not long _ ago by some. organizations operating abroad — or even a Trybuna Ludu said. On- Sunday, Walesa said student protests were spreading against the royal crown?” " government ban on crosses in public buildings. He said authorities were « striking .at'“the weak” by stripping | crucifixes from the walls of schools. instead of factories. _ The statement from the 40-year-old shipyard electrician echoed one from _ Poland's 80 bishops, who sald Sunday the church is not willing to _ compromise. leader - advertisement on » Dollars ‘ t —In a contest due to be completed ina yun-off poll early next month. 1) Some ‘advisers feared such a MacEachen visit would tend to : “Ondermine Canada's official position of neutrality .and. ita support of a negotiated settlement of political struggles in the region, as advacated by regional governments. “MacEachen’s. original itinerary cluded Costa: Rica, Colombia, duras and Nicaragua, ‘A . Cariadian newspaper the eve of MacEachen’s trip, published by a group including Guillermo Ungo of the ' El Salvador revolutionary front and _ Colombian Foreign Minister Rodrioga— Caicedo, urged MacEachen to warn ’ Washington against arming insurgent , Broups, ’ revolutionaries fighting the Marxist including rightist junta in Nicaragua. © But MacEachen, ina meeting Sunday In a pastoral letter read from pulpits acroas the country, the bishops issued a _new demand for “crosses in places ... where the children of this overwhelmingly Catholic nation are brought up.” : ;The government of Gen. Wojciech Jaruzelski maintains that crucifixes in " public buildings violate constitutlonal " principles separating church and state. . DEPENDS ON PEOPLE “The church, which claims *, membership of more than 90 per cent of the country's 36.7 million people, argues that ‘the crucifix should be -allowed'to hang where the majority of people wants it. - Government spokesman Jerzy Urban said last week authorities were removing crosses from an unspecified antl Canadians on A REGULAR FEATURE PREPARED BY {EMBERS OF YOUR PROVINCIAL CABINET. the spot | ht with Shultz, was reported by a &§ ae eoman to have supported. the § United States againat criticism from Ua. . ; NMinekeachen was said to have told Shultz that he had advised Nicaragua to fone down its criticiam of the United States. At the same time, Canada opposes outside military interventions. acEachen said he had told the Nearaguan forelgn minister, Miguel D’Escoto Brockman, that he would not get anywhere in Canada by criticlzing the Unie NE araguan government ‘The Marx! cari has been criticizing the United States for supporting rebels seeking its hrow. a FOUND NO COERCION — i MacEachen also reported to Shultz of findings of Canadian obaervers at the Salvadoran elections last month that there has been no indication of coercion of voters. number of factories as well as schools “elsewhere in Poland” without incident. Clandestine communiques sald five students were detained overnight March 21 when security agents raided a high school in Torun, 240 kilometres northwest of Warsaw. oa, Walesa also reported trouble between youngsters and authorities in the Baltic seaport where he lives. “I know about arrests, questionings, detentions, searches and other forms of repression applied against the youngsters of ‘the rd Lycee in Gdansk,” he said. The church-state confrontation | is centred in a rural area 64 kilometres south of Warsaw, where hundreds ‘of. high school students began protests three weeks ago over the removal of crucifixes from four schools. delegates thunderously warmest applause of all applauding a bright new from a_ standing-room- leader created a sight for only crowd Sunday. the sore eyes of British Fiftcen minutes after Columbia Liberals at the the federal energy -provincial party's minister finished his * weellend' cdnvention:-"'~ ‘speech, only about 90 “ Twiee as many people delegates were left to -— about 700 registered delegates — turned out for the convention that elected former MP Art Lee leader in this resolutions. Few B.C. Liberals denied that Chretien, John Turner and the other Vancouver suburb federal hopefuls brought Saturday as voted in 1881, out the crowd — but they when Shirley McLoughlin believe many were also was chosen to lead the hoping to help rebuild the | consider provincial policy May 1983 election, in which the Socreds won 35 seats and the NDP 22, . McLoughlin estimated the federal candidates drew. 125. additional : delegates, and sald: the~': nations], leadership..race: étets' will” does not fully account for an increase in. the provincial party's. membership by 2,000 in recent months, to about 5,000. . “I know for a fact it Started right after the Social Credit dwindling, Liberals. Many delegates were seeking a close look at the six federal Liberal leadership candidates, Caught politics, demoralized provincial party, which : has not had a seat in the legislature since 1979. in the polarization of the Liberals government's budget last July,” .McLoughlin said, referring to the Bennett government’s aweeping package of fiscally - conservative measures, B.C. “You would _ he . eee surprised by the number HERBERT G. GRUBEL of teachers that have The Fraser joined recently," she said, pointing to school layoffs and rest¥aint on education funding.”’ LEE ALTERNATIVE, The Liberals. hope. the “find” an attractive alternative in Lee, 36, an Alberta-born Vancouver lawyer and fourth-generation descendant of a Chinese immigrant who came to Canada to work on ‘the CPR. Lee won the heavily ethnic and working-class _ Vancouver East: federal riding in an upset in 1974, but was defeated by the NDP in 1979 and 1980, ...and go, wein Ottawawill continue to negotiate as long as the leaves grow on thé trees, the rivers flow free,etc. Frankly, if this matter was resolved, rousands of civil servants here at would then be thrown } Indian Affairs Sense institute Should we'discard [i _ Bank of Canada? Get rid of the Bank of Canada? ‘Yes, this is the latest conclusion that follows from the revisionist thinking of conservative economists. They have concluded that Canada . would be better off if private enterprise would supp- _ly allof the country's need for cash balances. The revisionist thinking has two cornerstones, One is that econdmic instabillty before the creation . of central banks was less than afferward, Economic historians dug deeply into 19th century statistics _ and calculated the variance of real economic out- put. For Germany, France, and the United Kingdom, the instability was less than.in the 20th century when central banks managed these economies. Only for the United States was the case reversed, —— But even there, a re-examination of the history of free and wildeat banking should lead to a revision of textbooks. It is true that there were many private banks that had issued notes payable on demand whose ‘address turned out to be a Nebraska lot where wildcat roamed. But reachers found that public losses were much smaller than earlier work had implied. Many of the bank closures of the period were, in fact, orderly dissolutions of business that brought no losses to depositors or stockholders. The second cornerstone of the revisionist think- . ing on the limit of central banks is the theory of regulation. According to it, the economic inatability under central bank management is no fluke: it can- “not be expected to become better because the ‘ systemiswrong. oe _ The system permite politicians too much in- ' fluence..Through them, special interest groups get . to use it for their own benefit, The results have been periods of extess money creation causing booms and inflation, followed by.painful readjustment to price stability: Consider the massive cycles of this century — the Roaring '20s followed by the Great Depression of the '30a, the Prosperous ‘60s led to the inflationary '70s and were followed by the stagfla- tlon of the '80s. Faulty monetary policy caused them . all. ” One conservative remedy: for these roller- ° coasters has been the proposal to limit central bank ‘discretionary power. ‘This would’ be achieved ‘by - mandating money supply growth rates in the ‘con: ‘ stitution. , But this approach still leaves the banking tn-. dustry in the clutches of regulatots, As ‘a result, there will always be efficiency losses and system abuse by special interest groups. ; These kinds of ideas have led Milton Friedman to propose the abandonment of the Federal Reserve syatem of the United States. He would have existing U.S. currency maintained at its current level. Com- mercial banks’ reserves, which determine the quan- tity of checking deposits In existence, would also re- main fixed. Friedman belleves that the ilnancial system would come up always with more efficient waya to use the existing money so that there would be neither inflation nor deflation. ; Other economists go even further. They see no néed for government money of anv kind, The ' private sector can be relied upon to select an efti- cient standard of value-and limit of account, The modern information industry would assure that there would be few wildcat banks and low costs of handling private money. The efficiency and stabili-. ty of western market economies would be enhanced atly. , Is this all'a pipedream? Don’t bet on It. The U.S, deregulation of the airline, bus, telephone and much of the securities industries started with auch {deas. But don’t try to buy the Bank of Canada building quiteyet, =‘ With HUGH CURTIS Minister. «00: S ...ofFinaneg .. ,. Pha. ane We are now well into a new fiscal year, follow- ing my Introduction in February of a new provincial budget, Tam proud that my ministry, and this govern- ment, has proven itself able to buck some seemingly-irreversible trends by calling for budget Spending lower than that of the previous year. The last tlme that happened was 31 years ago. More than half the people of this province were not even born at that time. Now, at last, history Js repeating itsell. It took a long time to happen. Butit is happening this year, just as our Social Credit government promised during last year’s election campaign. ; . I cannot take personal responsibility for this dramatic reversal in the escalation of public spen- ding. People in my ministry have worked hard and long under my direction, to determine how and where the cuts can best be made. a But the bottom line is clear. This government has succeeded in doing what many thought impossi- ble. We have succeeded in stopping the growth of government spending, while still preserving essen- tlal services. ; mo Many suggested that we should spend more, even though we couldn't afford it, to “stimulate” the provincial economy. In other wards, they. sug- gested that we should buy on credit for the short: term benefits of the people of this province.. I think this year’s budget clearly demonstrates the error of such thinking. We are creating jobs, not by spending but by living within our means, By reducing spending and the deficit, the government is avoiding future tax increases that would threaten the competitiveness of B.C, industries and lead to fewer jobs. , We look to the tulure. ‘This new budget plans ahead, ensuring that we will be able to remove the jone-tarm debt burden our children would otherwise ar. In all areas of government, except one, ex- penses are reduced over the last year. Tha one very _ hecessary exception is quality health care. Health is a top priority for this government. - mo And 80 we have upped necessary spending, im- posing modest tax increases to cover the higher cost. I hope sincerely that these taxes will be only twa. We plan to remove them as goon as Ot- agrees ar its fair s , med tervice, alr share of the price ot e federal government currently has a deficit In the nelghborhood of $31 billion, That means that $0 centa of every federal tax dollar You pay goes to Cree n antereat én préylous debs. It is our govern: SUES ahd my mi ry’s duty { does not happen here. ‘ye cu 9.ens are that Aha ..We are accepting the challenge, afid we are uni: ee facing a problem shared ean the western This year’s budget reducea eve British Cal- umblan’s tax debt while ¢ ng neces cet e continuing to provide all Tam proud of this government. I am proud of the People in my malnstry who are willing and able | ‘ y atid. nar the ting, velop thia budget, whith Ia Ut; most of all, 1 would Jike to thet people of British Columbia who nave wate myself and my ministerial staff in making a finan: clal necessity into 4& political realit Political decisions are not always in thd best lit tereals of the peaple they serve. Here, in ‘ . British Col- umbla, we are showing the way. We « bet Our children wit} thank us tort, a ‘ual benef i. iE air ore ee vo 4