A4 - Sunday, March 21, 1982 - North Shore News

By UNITED PRESS CANADA

‘No turning back’
on high interest

OTTAWA — There can
be no turning back from
the Bank of Canada's
ught-money, high-inter-
est rate policy despite the
suffering it has caused
among many Canadians,

Bank of Canada
Governor Gerald Bouey
said Friday.

“Tl am much aware of
the pain and frustration
that interest rates are
causing,” Bouey said in
the central bank's annual
report to parliament. “No
one can yet tell how long

or how rough the road
back to monetary
stability will be But

there can be no turning
back.”

Bouey, arguing that
“confusion and misun-
derstanding” was the

cause of much public
cnticism of high interest
rates, said the banks’ tight
control over the ex-
pansion of the money
supply was the only
realishc way to fight the
Surging inflation that
gripped the world during
the last decade.

OPEC desperate
to hold prices

VIENNA, Austria -
OPEC oil = ministers
gathered Friday in an
attempt to agree on
production cuts to end
the massive oversupply of
oul that ts threatening to
tear apart their cartel.

Oil experts doubted the
13. members of the
organization — badly
divided and now on the
defensive after a decade
of dictating pnces to the
West — would agree on
reducing production
enough to end the oil glut
and keep pnices at official
OPEC levels.

Most of
Organization

the
of

Petroleum Exporting
Countries ministers,
meeting in Vienna for the
first time since the 1975
terromst attack in which
11 were kidnapped.
represent nations that
suddenly are spending
more than they) are
earning.

The Westem recession
and conservation have
cut consumption sa
sharply the oil glut is now
estmated at 2 million to 4
million barrels ai day
That has helped to drop
average lS gasoline
pnces 10 cents from a
March 1981) record of
$1 3&a pallon

Venus is chemical
cousin of Earth

SPACE

Houston

CENTER
Russian
satellites thal took man’s
fist soul samples of Venus
confirmed — the
rocky surface
orange lighted
swept

planets
an cerily
wind
lands« ape is
chemically  stmilar to
volcanic rock on barth
“Hes as af they had
landed on the occan floor
neat Hawan and up on a
Hawanan mountain Det
Hal Masursky of the boOS

Economy improves

Geological Survey said of
the sample gathered two

weeks apo by the two
satellites

“The results are very
samilar -

Valery Barsukos and

Yur Surkosy pave the first
detailed breakdown ol
soul data from Venera 13

and Wenera 4 to

an
infernational audieocc of
SOU screntists Phursday at
the 1 Yth

Planetary

Lumar and
Note mee

Cocvrfe rennet

but crisis remains

WAKS AW Pee bavaad
Offa wads ce ge ete tuarcival
law hay i
preerdas there eh ead avid
[oven reNeT lawns vee tease
wWoavtnecal stiavd Boca
Cc cw] 2d ee ey eee oe
Sats

Ino. Lee \
Vibes fare ee es
wan ec vcatelashe dd Loe. t
thse ee ee Oe oe
sof Ubne tacdberp fs eeane td .f
Moircrrste rs fecerceed cheat octis
vtreor Cage sof mow

voxtemeet ts

Poti Pury eva an)
prleventre od toy

Veryrtise

Pie fivteed

ran aban

satel sytees

FROM PAGE A1

$600,000 were invalid.
Any projected savings would
more than be offset by the
cost of closing Hamilton and
adding more students to
Carson Graham, they in
sisted.

Ree slammed the school
board trustees as
“irresponsible” for not
having prepared a study on

the effect of making the
Hamilton students change
schools.

Hamilton Jumior Secon-

dary is noted provincially for
having one of the most in-
novative programs’ for
special needs students and a
mastery learning program
for “difficult kids”.

Many parents at the
meeting spoke of the need
for the Hamilton program,
saying that if it were not for
that program their children

would not be attending
school at all.

MLA Ree maintained
“The parents are entitled to
a commitment from the
school trustees that the
program will remain the
same.”

Bell told the meeting the

school board hoped “to
retain the essential elements
of the Hamilton program at
Carson Graham.”
Both Bell and
defended the
mendation§ to
school on the grounds of
“drastic” drops in) school
enrolment at Hamilton and
throughout the = school
district Hamilton's
population has dropped from
SS1loin 1974 to a= present
enrolment of 345 students

SCHOOL IS “DYING”

“What we have ts a school
that is really dying. dying
before our eyes. through no
fault of the excellent staff at
Hamilton,” Bell! said

Carhle blamed the drop in

Carhle
recom-
close the

enrolments on several
factors, including the high
cost of housing, which os

dnving young famihes out of
the school dastrict

“Tf there as a culpmt the
dramatic enrolment decline
isto be blamed “ Cartile

explained

“Lifestyles are changing
and people are having fewer
children the
homes geting

the

and cost oof

are very
for
Wheie

Its hard to

Cape nsive yYoulnlp

they
but

family

going?
many

are
Say
Zorg to
atfordable housing south of
the River

are More

brasecr Carlile

said

W hile
spoke

tnoatl spcahkery whi

against the  ¢hosuee
cothustastic

the

received ap

plause from awudbe me ¢
the

when

largest response care
Hamilton
lec

wohl pust like

student Poot tin sated |

fer ash vers bs

grade lo

money more important than
knowledge?”

Bell did admit the board
had not estimated all of the
costs of closing down the
school. However, he = did
point to the savings incurred
by recent closures of
Delbrook and North Van-
couver Senior Secondary.

SAVINGS
Schools Supernntendent,
Rod Wickstrom told the

News after the meeting that
the two closures have
resulted in an annual saving
of $2 milhon.

“I know we have saved
money because of econo-

mies of scale.” Wickstrom
explained.
Hamilton Principal, Bull

Sulymka assured the crowd
he would do his best to make
the transfer of students to
Carson Graham a pleasant
and dignified one.

If the move is approved at
the first meeting of the
school board in Apnil, a
central core of teachers
would move with the
students to Carson Graham,
Bell said. Sull, Betl admitted
that there could be layoffs,
depending on other factors
such as teacher retirements
and transfers.

“At this time it would be
premature to suggest that no
one will be laid off. with
declining enrollments, that

might be necessary.” Bell
said

Garrett Anderson. the
parent of a handicapped

student attending Hamilton,
told) the school board
execuuves:

‘

ny Cares DOT

ree cy

Th et sC a Costs not calculated
outside...

“Your presentation

completely out of balance.

disad-
vantages of a smaller school,
but you have not given the

“You gave the

advantages you have
given the advantages of large
schools, but you haven't

given the disadvantages of a

large school.”
“What you have done

eliminated the choice of the
parent and child of attending
large

a small school or a
school,” Anderson said.

=

6 my *
Boy Lae WONG
oo, Qcy

1S

is

RON JOHNSTONE

Congratulations, Ron!

You've finally made

ANGUS REE

684 Wellington PI.
North Vancouver

March 18, 1942

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