oA Me

Most Dramatic Confrontation At UN Is Recalled By Newsman

Stevenson rese in the United Chief most dramatic confrontation Nations Security Council to this event and ether dra ever witnessed at the United accuse the Soviets of plac- (| matic imstamces im the fel- Nations took place im the Se- ing missiles in Cuba—prob- lewing fourth of five articles curity Council during the Cuban ably the mest dramatic’ on UN crisis. |missile crisis.

confrontation te eccur im the _ By MAX HARRELSON * There have been many head-

tas las camden te te eee

out of respect for the late

ERNEST A. CUDMORE

4

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Mle. er s'oquent and fiery , attack i an atempt to crush @ | speeches, many critical sessions | revolt in r.

ry '.cicuza lenag tshts.

this one on Oct. 25, 1962,

unique theatrical quality which

ina its view :

a — ‘ . ini eid cee

US. Ambassador Adlai Stev- assembly his historic proposal

enson was at his best as he lit askime Secretary-General Dag

within 48 hours for a UN force to police the Suez area At-1:42 am

into Soviet Delegate Valerian Hammarskjold to'drawe plans ? :

' In a direct approach; rarely used in the council, Stevenson asked:

“Do you, Ambassador Zorin. deny that the USSR. has placed and is placing medium and intermediate-ranze missiles Pearson and sites in Cuba? Y no?” |FACE TURNED

countries, including the Soviet Bloc, abstaining. It was this which later won for the Nobel Peace Prize —and started tle United Na-_ e 7 tions toward its present crisis _ | Zorin’s face turned a ddep over peacekeeping aereians red, but he managed a smile. 4; 2:27'a.m.. while the as- “I am not in an America sembly was still debating the courtroom, and therefore I d0 'cyez problem, US. Ambassador not wish to answer a questiOD Henry Cabot Lodge asked for }put to me in- the fashion iM an immediate meeting of the which a prosecutor puts queS ‘Secyrity Council to deal with tions,” he replied. the developing Soviet action in Stevenson persisted. Hungary. The council met at “You are in the courtroom of the unprecedented hour of 3-12 World opinion right now and 3m you can answer yes or no. You BLASTS SOVIETS ; have denied that they exist- Lodge plunged into a graphic and I went to know whether I | account of the fighting io meee have understood you COFr- pest, reading from news bulle_ rectly.” : tins and reports from the US. : “You will have your jegation. He blasted the Soviet answer in due course.” |Union im one of the strongest | Stevenson: “I am prepared to attacks ever made in tle United wait for my answer until hell Nations and said: | freezes over, if that is your de-| “Jf there ever was a time cision. I am also prepared to when action im the United Na- present evidence in this room.” tions could literally be the ‘life SHOWED PHOTOS or death of a whole nation. this He proceeded to do just this. is the time.” He directed an aide to set up| Cuban delegate Emilio Nunez- an easel. Then he displayed a Portuondo cried:: md series of enlarged aerial photos| “This is a shame for the So- showing missiles and missile viet Union.” ' ’ Lodge introduced a_ resolution

|. QUEEN MOTHER IS TOE TICKLER NORAD Band Queen Mother Elizabeth Red Cross Lodge im Toronto. Laurie Morton and {fs model-

Cuba. Many in the room were | . : E tickles the toes of a six-month- - The child is the ling clothing produced by Red

convinced the Kremlin had not At 5:10 a.m. Soviet Delegate Plans Tour j old baby during a visit to the daughter of Mr. and Mrs. Cross workers for people in

the Soviet delegate what Arkady A. Sobolev cast his : (CP_Wirephote). Cuba.

|mediately and to withdraw its }were any Soviet missiles im | troops from Hungarian terri-

: - \country’s 79th veto to kill the | - The presence of the missiles resolution. Within minutes, the OTTAWA ‘CP)—The band of

lcouncil voted 10 to 1 (Soviet the North Amcrican Air Defence Khrushchev himself and Union) to take the Hungarian Command at Colorado Springs. they were withdrawn under U.S. problem to the Genera! As:~~- Colo., will play a series of one-

+

Steel Works Singled Out

reported Thursday. A_ poten- soe Sener commered extol tially dangerous situation may |Pollution in Sydney, whjeh has become worse, a federal official 2 Population im the immediate warned. Ya ee ee Steel_and_pig-iron_blast__fur- | 17.900, with conditions in Ham- naces were singled out as the Utoa which has a population of major factor in Sydney's air. pol- hig oo and has oe lution, but it-is not the only one. omplex oa a The researchers said that in

; the seemed to be on the brink. This was the of Nov. 34 when the i itself

Maritime Ports Seek More Grain

OTTAWA ‘CP) —The Atianti-- ‘Devélgpment Board is looking NEW YORK (AP)—A report into the possibility, of more by a special city council com- ; grain shipments through Hali- mittee says that. New York's air : : ° General Assembly was trying fax and Saint John. NB. and Was a contributing factor im an |! Air Pollution Control Asso- |“ ‘- Mereasing death rate from re | Ciation was told. Domestic heat- |

|New York Air Speeds Deaths

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pressure. Deputy Foreign Min- bly. Before the council ai- ™isht concerts across Canada /

ister Vasily Kuznetsov was sent journed at 5:23 am., Hamn,._r- “uring August. tite national ® s °

to New York to handle the nego- | skjold ‘called an emergency | @fence - has an

tations, and Zorin ‘soon was meeting of the assembly for 8 | Mounced. ; Nn ne ir rOolurion

to assign- p.m. that same day to take up| The 7S-piece band, which in-

| ment. \the Hungarian crisis. The as-|Cludes 10 RCAF bandsmen, is . | Perhaps the thing that made sembly eventually condemned U®der the ieadership oi Maj. Vie By R. J. ANDERSON and welfare and by H. Donald jately disagreed. He comes from [the Stevenson-Zorin confronta- the Soviet intervention and @. Molzer of the United States Air TORONTO ‘CP)—Every day, McKay of the Nova Scotia de- Sydney—in New South Wales. “tion stand out above ottr manded withdrawal of-its troops | 7 : : on an average, 200 tons of partment of health. A five-year J. L. Sullivan, air pollution clashes was the threat of im- but the resolution was ignored | The band: which calis itself poisonous sulphur dioxide are study of the problem began im control. engineer of his state's minent war which existed at and Soviet troops are still in ‘he Cavalcade of Music, ‘tas a | discharged into the air over the 1958. |department of health, said that the time. ' Hungary nine years later. repertoire ranging from classics | Cape Breton Island - steel-mak-/ |in Port Kembla, 530 miles south

There was another such night to Dixieland jazz. * ing city of Sydney, N'S., it was |COMPARES CITIES - of Sydney, the atmospheric ef-

fects of the lancing process—in which pure oxygen instecd of air iblasts through the furnaces— (were “spectacular” but that no | Boticeable increase in pollution resulted.

He explained that emissions from the operation are so ex- jtremely fine that they appar-

in the Suez fighting, but the e : ; “ling, a nearby power plant and ‘2 Sydney area. over-all ave- i news was bad. British, French transomt® Mimeer ‘Pekeeall cer mE" tight industry also were blamed. |'22° dustfall in the period re- ‘crimson and the “visible dis and Israeli attacks against 0:4 in the : : The committee. which has . A® evaluation of air-pollution | ae as tons & play” may be worrisome to ob- Egypt were increasing in inten- “He said the board has re- heen studying air pollution, aiso |levels in the Sydney area was | (imate mee & . In Hamil- | servers, but no hazard to health sity. And while the a ceived @ report that improve. said that the air was damaging |£iven ina paper by Dr. Morris | Su" 2 Oo na tee oe been discovered. Also, he was debating the Suez ‘ments im winter navigation on buildings. ruiniag crops on Sta- |Katz and H. F. Sanderson of the | (orcas the meeting, Dr Kate, | nutri; the visual effects can be word was received the Soviet ‘tne st Lawrence River have | ten Island and killing parkway federal department of health | Ji. esented the aad oo a ee ee Hamilton has the cient | With Post feaat phe oF by auto exhaust gases jthere is more sulfur dioxide -® | poitution control — With Pau! Bradt. also of the WINDING - The committee said that te air than im any other major! The high sulphur content im ocr, ¢7th department. Dr. Yl breathing the city’s air causes City—50 per cent more than im coal burned in the Atlantic Katz aad Mr. Sanderson re- as much inhalation of benzpy- Chicago and twice as much 8s | inces : Peo, {ported on a study of air pollu- 4 aa tit . - lin Philadelphia . was noted by Dr. Katz in tion in Saint John, N.B., site of | ag gga ye - his presentation. He said Nova |a large pulp and paper mill and Storey Electric Lta smoking two packs of cigarettes | LOSING GROUND Se nal en te, coals |am cil refinery. They found the il cade ia The report said New York “is |2¢, al! high volatile fuels with downtown area heavily polluted On cee nV ares "In New York, the report said- 20t gaining im the struggle to ghtly over 36 per cent volatile mostly during the winter heat- tam I ork. : reduce the amounts of various |™2tter.” The coal has 10 per for six months of the year— pollutants in the air.” cent ash and three to 35 per ing season—with sea breezes Noting that 2,761 New Yorkers |°¢h Sulphur. ventilating the city with clean died from lung cancer last year |__Dr- Katz also noted that: the air during summer months and that the deat: rate from |3e=ampling studies ended in Mr. Sullivan reported on Aus this disease was steadily rising. and thus did not take into tralia’s air-pollution-control leg- the report said: account the effects of oxygen |islation. Levels had been set to ““it’ has been generally con- lancing, a Process which went which industry had to conform 'cluded that air polution is one |'2!° Operation in the Sydney and the system was working lof the factors con' well.

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TORONTO ‘CP — Atlantic Acceptance Corp.'s default on about $16,000,000 of short-term debt has caused money market participants to re-evaluate their own activities

One money market dealer suggests borrowers, lenders and their agents have learned a les- son and likely will be more ma-

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ture in future transactions

Atlantic’s failure has shown the ‘importance of concentrating on the borrower's credit rather than on the rate of interest the borrower is prepared to pay for money .

A warning about this was re- ported given six months ago by the Investment Dealers’ Asso- ciation of Canada after it be- came concerned by dealers buy- ing short - term demand notes from companies of lessthan-im- peccable credit ratings—in ef- fect. lending them__monex.

This already has resulted tn a tightenine of ¢ money sp ply te some creditors. At least one other consumer finance company is reported to have told its brariches to cut back loans

WiLL F EEL f ™O Hn One finance-industry spokes man -says-all companies prob- ably will feel the pinch follow-

in~ Atlantie’s default Whether the over-all situation becomes serious. one market source says. depends on how many stand-by credit suppliers

these companies have Coupled «ith. concern about companies” credit ratings is the general short supply of money both nationally and interna-

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Failure Of Atlantic Corp. / Points Up Some Weaknesses

borrowers are finding it diffi- cult to raise funds there SIMILAR IN BRITAIN

A similar policy prevails in Britain.

Atlantie’s president. C P. Morgan, blamed the US.

problems.

Atlantic was put into receiver ship Thursday after it defaulted on the redemption of about $16.- 000.009 in short-term debt

Montreal Trust said total debts amounted to about $121.- 000,000 while accounts re- ceivable are estimated at $145.- 000.000.

Standard money market prac- tice is to stagger the dates of maturing loans

Apparently Aflantic did not stagger its matertie< >-- a result needed larze sums of money within a few divs « h t was anable te raise NO PANIC

Atlant

the money marke! plight caused a drama «it off in fits stock on the Toronto Steck Exchange

Shares fell to around $5

from $20 while. its preferred is- sues had similar declines

Another inconvenience caused some shareholders was the com- paty’s dividend ws: pavable June 15. Those vecnle who didnt cash their dividend cheques before ‘he company went into rece:vershtp June 17 will have to stand im tine with other creditors. ms

Great Northern Capital Corp. said it is disenssine sale of its 33 per cent ifiterest in Atlantic with a number of larce US. fi- mance comipanic:

A._T. Christic. president of Great Northern Capital. said- “This is ome war to provide Strong lines of credit for Atla tie amd keep the company go ing.”