A4 - Sunday, September 12, 1982 - North Shore News By UNITED PRESS CANADA Opposition blasts cabinet shuffle Conservative leader Joe Clark Friday blasted Prime Minister Pierre Trudeau's choice of Marc Lalonde as minister of finance, calling Lalonde a “dangerous statist” whose appointment cast a pall of uncertainty over the government’s economic policy. Immediate criticism of the Cabinet shuffle also came from New Democratic Party leader Ed Broadbent and Newfoundland’s minister. In an interview in the lobby of a downtown hotel several hours after Trudeau shuffled the chief members of his 35- person Cabinet, Clark said Jean Chretien, named energy minister to replace Lalonde, had a “credibility problem” and could experience dif- ficulty in restoring public confidence in federal energy policy. energy Bankruptcies continue to climb OTTAWA Business bankruptcies during the first eight months of 1982 leaped 41.9 per cent over the same period last year, the consumer and cor- porate affairs department reported Friday. The 765 business failures in August put the 1982 total to date at 7,077, up from the August, 1981, total of 4,986, the department's bankruptcy division failures ac- counted for more than $133 million in liabilities, bringing bankruptcy liabilities for the first eight months of 1982 to $1.38 billion, more than double the 1981 ecight- month total of $633.5 million. Consumer bankrupt- cies also soared during the first eight months of this year to reach 19,195, 3.7 per cent higher than the 14,462 recorded during the first cight months of 1981. Perfect ride for private ROCKPORT, Texas — A privately financed rocket blasted off from a seaside cow pasture Thursday, soared 195 miles into space and simulated a payload drop in a flight that pioneered com- mercial rocketry in America. The 37-foot bluc and white Conestoga | rocket - mamed for the wagons which carried pioneers to the west - delivered a thousand-pound dummy payload in a performance its owner, Space Services rocket Inc., hopes will convince investors and clicnts it can launch satellites by carly 1984. “Everything looked perfect,” said Donald K. “Deke” Slayton, former astronaut who joined SSI after retirement § from NASA. “As far as we know, all systems worked cxactly as they were designed to. The next thing we're going to do is go and drink a lot of beer. After that, we're going to put together an orbital launch vehicle.” Swiss to try terrorists BERN, Switzerland -- Switzerland refused an extradition request by Poland's military rulers and said four gunmen will go on wrial for scizing the Polish Embassy and threatening to blow tt up Friday with thetr hostages “Possibly they would prefer being in Swit rerland than tn some countnes where freedom docs not have the same But they will be brought to they will = be Our penal law oever cacmpG valuc court punished this kand of come,” Justice Minister Kurt Furglier said Thursday Hours carlier, = red bereted police comandos charged into the embassy in the Swiss capital under a hail of stun grenadcs and tear gas to rescuc the five remaining hostages and capture the = four guamen They first blew open the door with a remote controlled device hidden tn a food package The whole operavon carsicd oul with Clockwork precision took only 12 minutes and no one was injured hie © Vee sy \ atllineattiined ‘Mice moCe Steen, PICKING UP SPEEDERS ... and summer bucks, law stadent Peter Christ gets experience dealing with nw breakers and the court system by working as a special constable for North Van RCMP on radar duty of Third Serect hill (Exic Eggertson photo). waterways on District lands, over a two-year period, the cost to be borne by District. The cost-sharing element, for flood prevention on creeks crossing private properties, would total $240,000, of which $120,000 would be borne by the District while residents of the affected properties would match the figure. North Vascouver District creeks was incorrect im stating that it was an $800,000 cost-sharing pact. The $800,000 expense being considered would be for upgrading public SPECIAL EXTENSION! RECEIVERSHIP SALE Shores JEWELERS LID. ALL SHORES RECEIVERSHIP STOCK NOW LOCATED IN THE LONSDALE STORE — SPECIAL IN-STORE EXTRA DISCOUNT FEATURES! SALE TO CONTINUE FOR A LIMITED TIME ONLY! 1605 LONSDALE, NORTH VANCOUVER TOUCHE ROSS LTD. | RECEIVERS . pe