Price 4 increases * of 7
~ Venezuelan oil. ‘by “15 ~

percent :.will “take: effect i: Cy .
“Friday as-yet another effect . | en

~~ “of the strife in Iran which has *

resulted ~in . disrupted - oil

. supplied! from that country.

Kuwait’ - Wednesday. “ans.
nounced it will be increasing
its. oil ‘prices. by 9.3 per cent '
‘ because of the ~ Iranian
shortage and U.S. President
Carter.is asking congress to
; authorize - _the —use of os

oO any . Chinese have :indicated that .
: é:, the war, which was
Soo | have left Vietnamese
. retaliation for the invasion of
-" Cambodia, could go on for

“This week is’ expected to
see a climax of the Chinese
- invasion on Vietnam as the
* Chinese. Army ‘continues to
pour .across the border in .
numbers. that. exceed the
occupation by U.S. soldiers

| 19708.

Seace

' the. highest. payer and -

customers: will ‘have ~ to
provide their own n tankers to”
‘collect the. oil...

» jpye ‘country’ expects :

prices paid to reach as high _
as $24 per barrel - ~ more than

"Aad for the figst time the
expected
to last only a few. days. in

some weeks. .

_ Russia has issued forther
-warnings but the Chinese say
that whereas they are aware
of the possibility of Soviet

intervention China cannot :

feasts PO"
- . to be. ; .

wo “I scheme. pete Lo

“However, “the | federal
"government will” “probably
pay. ‘about. $2.5. million daily

in compensation ‘to

‘Canadian’ oil: companies
from taxes ‘collected on
exported “oil. ‘The com-

be : ‘seen: ‘as 5 being feeble or
_ having weak nerves. a
- The Viethamiese. ¢laim to

‘have killed or’; “wounded ~
more than+ 18,000: ‘Chinese

troops in the first 10'days of
fighting.”

But the Chinese - sweep

__ goes on, with four Viet-

namese provincial capitals
falling to the invaders. This
week there were five army |

corps. . with : 25... divisions

totalling 500,000 troops, 25

“Use

inion by Sana Arti

And the eacrgy depart

ment. ‘has. Said it is con- ©
Sending... in Us.
; “troops” to oe
Ponda Gall t paswer any a
‘threats: front the sarmoil i.

Tran. ~

miles inside Vietnam and a
- further. seven army corps

a at the border in .
prsparation for the an- ~
ticipated mass offensive: _

“Russia has accused China

of jeopardising relations “~
‘ between Moscow. and .
Washington: but feels there is »

still some possibility of a new

SALT (Strategic Arms. .

Limitations — Taiks)
agreement being ous.
between Russia and the U.S.

Israel shuts down Camp David talks

Begin won't attend

Israel turned down U.S.
. President Carter's invitation
to attend more Camp David
talks to ‘negotiate # peace
with Egypt.

The Israeli cabinet has
refused to send Prime

Minister Menachem Begin
to the talks because of a
hardening of policy by Egypt
and because Egyptian Prime
Minister Anwar Sadat was
not attending.

Some cabinet ministers
feared that in the absence of

" Sadat, Carter might press”

Regin to give in over matters
that would not be acceptable
to the Israelis.

The decision also followed

_& report by the Isracli peace

delegation which indicates a a
toughening of Egypt's stand.
Begin says that rather than

more compromise being
reached, “on the contrary, a ~“

more extreme. hogan was

presented by the Egyptian.

delegation.” 7

BY-ELECTIONS ON MAY 31ST, 1979

From 1948 to 1971 { represented my: home
Constituency of Uioydminster in the Alberta Legislature _
and served as Minister of Education from 1952 to
1964, and as Provincial Treasurer from 1964 to 1971.

in 1971 t moved to British Columbia and | now
reside in the District of North Vancouver afid operate a
Travel Network travel agency at 1350 on Lonsdale
Avenue in the City of North Vancouver.

As a focal resident and businessman who has
had long experience in provincial administration | can
give you responsible and effective representation In the

i Sa
Andy Aalborg

Premier Bill

Bennet has an-

nounced that there will be by-
elections in North Vancouver on

May 3ist, and I have declared my,
intention to seek the Social Credit

»

nomination in the Constituency of.

. ra worth V AN GOMY.CES Seymour.. WetorVS eee ery See eee

Legislature of our Province.

| welcome your views and comments and solicit
your support at the Nominating Convention.

Sincerely,

Cader © Mathury

988-0943 .......

986-1377...

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