Christchurch was the venue for this year's Pacific Basin Economic Council. P.B.E.C. is a get together of representatives of major private enterprise in the Pacific basin. They discuss plans and problems for the coming year or two — such things as avoiding clashes of interests in developing countries. This is the second time since the creation of P.B.E.C. that the conference has been held in New Zealand. The first time being in 1972 when it was held in the Union Building of this very University. The fiery reception they received on that occasion made them wary — thus the elaborate security for this year's conference.