4.0-Sunday News, October 19, 1980

Soviets outgunned
_ by printer in debt dispute

TORONTO (UPC)
Wallace Edwards’ 10-year
war to collect a debt from
che Soviet Union is over.
The Russians have
surrendered.

Edwards, head of
Waltham Press Ltd., won a
1973 court judgement
against the Soviet govern-
ment for a $26,000 printing
yob he performed for it
during the Expo '67 World's
Fair, but the Soviets refused
49 pay.

Until Thursday, that is.
Assailed by Edwards’ seizure
of a Soviet ship in Toronto
harbor and his assault on the
Russian Embassy's operating
‘unds, the Soviets have

agreed to settle the debt.

Edwards’ lawyer, lan Tod.
said Thursday “a mutually
satisfactory settlement has
been reached” in the case.
One of the terms of the
agreement was that details of
the settlement be kept
secret, but “we are very
pleased with the result”.

Edwards may be pleased,
but he is unforgiving. “I'll
only feel elated when I can
run my fingers through the
bills,” he said. “The money
will be in small bills num-
bered sequentially.

“} don't believe in checks
and after what I've been
through, would you expect
me to do anything else?” The
Toronto man’s fight to

West on ‘verge

of separation’

CALGARY (UPC) -
Western Canada, on the
“verge of separation”, could
be pushed out of Con-
federation by Liberal plans
to change the constitution
without the provinces’
consent, the head of the
Canada West Foundation
warned Thursday.

“(Trudeau) may win a
constitution but could lose a
country,’” Foundation
president Stan Roberts told a
news conference.

“It's something the
(Western) premiers could
not say (at the recent first
Ministers’ conference) that
we're on the verge of
separation. All you have to
do is give one more shove
and we're out of the country.
That's the message and it’s

Presley and the
Binomial Theorem?

Students try to honor star

TORONTO (UPC) Two
University of Toronto
student) council members

inveterate Elvis Presicy fans.
have relentlessly hounded
unetr fellow council mem
bers to appropmate moncy

for acuvhes hononng the
late rock and roll singer
First. they asked the
student counctlh to ap
propmate $250 — fos a

feasibihty study into having

Presley canonized Then
they sought moncy tor 4
lecture sernes tthed “kivis
Presicy and the Binomial
Theorem! The Man or the
Myth ~

The student council

reyected both proposals but
Sam Guha and Peter Martin
did not give up

They launched a
movlon and duly presented it

new

to the councils head of
finances This tame they
proposed another lecture

senes, this one to be called
‘Elvis and the [International
Monetary Fund ~

Student council finance
COoOMmMiIsstoner Frank
Martina detathag the

one we have to get through
to the Prime Minister.”

Roberts said the foun-
dation will try to get that
point across to Trudeau and
the rest of Canada,
especially Ontario, at a
major conference scheduled
for Banff in late November.
He said he had been assured
the prime minister would
attend the conference, and
all four western premiers
would probably come.

The Canada West
Foundation is a politically
hon-partisan body dedicated
to increasing the West's
voice in a strong Canada.

Roberts said what the
government does not reahze,
was that 90 per cent of
westerners feel “They're not
getting a fair deal” out of
Canada

proposal made to him by
Guha and Martin. — said,
“Guest speakers (at the

lecture) would Likely include
Colonel Tom Parker, Roy
Ortison, Dick Clark and,
from che revisionist school,
Johnny Rotten ~

Martin and (suha both
amsast) their motions have
been intended to honor a

man who was “truly a great
humanitanan —

“Why he
student movement
Martin “You see
Hoffman saw Elvis in 1958
and discovered then that
there was something more to
life than school ©

And Guha added

founded the

said
Abbic

“Blvas

was responsible for the
dcsegrepation of the
Lowsiana University board

ol governors ©

Sa far

student Counc has refused

however the

to honor Presley by adopting

any of the

two fans

proposals but the pam said

they would persist na

presenting new ways to

honor thet musin idol

collect the debt sparked a
minor international incident
when the Soviets filed a
formal protest with the
Canadian government after
Edwards obtained a court
order last week freezing the
assets of the Soviet embassy
in Ottawa — a bank account
holding $35,902.31.

A week earlier, the sheriff
of York County, Toronto,
acting on a court order
obtained by Edwards, seized
the Russian freighter
Stanislaviskiy when it sailed
into Toronto harbor.

The Soviets protested
vehemently, claiming § the
ship was privately owned
and the move violated in-
ternational law, but Edwards
was unmoved. The _ ship
steamed away only after its
owners of record, Mur-
mansk Shipping Ltd. of
Murmansk, USSR, posted a
$100,000 bond.

However, after learning it
would take years to get his
money because he had to
prove Soviet government
ownership of the vessel,
Edwards obtained a writ
freeing the embassy’s bank
assets.

At first, the External
Affairs Department said it
would not intervene in the
dispute, saying the case was
without precedent in
Canadian diplomatic history.
But after the Soviet protest,
the department said it would
go to court to reverse Ed-
wards’ seizure of the em-
bassy’s funds.

The Soviet capitulation
made that unnecessary.

Edwards said the outcome
of the dispute was all the
more sweet because of the
moral victory.

“We've proven one thing:
the Soviet Union is not
above Canadian law.”

AFTER 4 YEARS

Callaghan quits
the Labor Party

LONDON (UPI) - James
Callaghan resigned Wed-
nesday as leader of Britain's
strife-ridden opposition
Labor Party and urged the
speedy election of a suc-

cessor to lead the fight
against Prime Minister
Margaret Thatcher's
government.

Callaghan, 68, a former
prime minister, said he had
decided to quit earlier this
month within hours of his
party’s stormy rank-and-file
conference which accepted
a left-wing proposal which
he opposed.

Under that plan, Labor
members of Parliament
would share the election of
the party leader with an
electoral college of party
activists and trade unionists.

But fierce feuding left the
exact make-up of the
electoral college unresolved
until a special conference in

January and members of

Parliament retained their
lever on the election.
Callaghan refused to

endorse any candidate but
said a new party leader
should be elected by Nov. 13
when Queen Elizabeth opens

the mew session of
Parliament. Party officials
said balloting will begin Nov.

4.

Callaghan’s resignation
effectively blocked the
attempts by left-wing radical
Tony Benn to gain the
party's leadership post since
the present system favors the
candidacy of Dennis Healy,
a moderate and former
chancellor of the exchequer
who is tipped as Callaghan’s
successor.

Popularly known as
“Sunny Jim”, Callaghan
became party leader and
prime minister when Harold
Wilson resigned in 1976.

ow. the Credit Union *s new 3-year non redeemable
term deposit could be just right for you.

Lonadale Branch
1100 Lonsdale Ave
986-432 1

Lynn Valle
1247 Ross Road
980-6556

You earn high interest,
12'2 per annus.

This rate of return ts very competitive, currently
the highest term deposit rate we know of at any

financial institution

Your interest is paid

monthly.

This will give you the compounding factor on the

stated 12%

The monthly interest will be credited

into the Credit Union account of your choice

Your minimum deposit

is $§000.

On this minimum required deposit, for example.

your average monthly Interest would be a
mately $52. On a very large tnvestment of $1

Toxt

,000

the average monthly Interest would be approximate

ly $1040

North Shore Community

Credit Union

Five branches serving North Vancouver

986-1116

Branch Marine Drive Branch
1080 Marine Dr.

Village Branch
3131 Ed ont Bled.
985-822 i

Dollar Branch
399 Dollarton Hwy. North
929-8111