PP Federal Election PI atform A New National Taxation And Credit Policy fivernment action to provide credit @tions. Expand the Industrial De- faient Bank, establish a government mCredits Bank, an Export Import Sand a Bank for Housing Develop- fOur national aim must be careful e|-reaching revision of the Bank Act cfension of the functions of the fof Canada so as to free Canada’s tive capacity frem dependence up- j credit monopoly now held by the Hed banks. fcratic Tax Policies post-war fiscal policies must be squarely upon the need to main- F national income and the inescap- ed for stable over-all expenditures | level required to maintain a high | productive employment. E principle upon which the War- Vxcess Profits tax is based is correct bse be maintained after the war. It - principle that excessive profits B be taken by the government and | the interest of the community. Pethed by which the principle is + however, must be brought into (hh the conditions created by the Ft the present time the Wartime = rofits Tax operates to the advant- - wealthy big corporations, particu- se monopolies, and to the disad- 5 of smaller business. = condition must be corrected. ‘tion income tax and taxation of §> profits shouid be based upon the # of profits made, and their rela- fo capital investment, during '- for which the taxation is col- = ad not according to the rate of ‘nade durine 1936-39. The base | 936-39, which tends to maintain and even to strengthen the advantages of monopoly corporations, must be dis- carded. ® Retain the principle of the war- time contro] of retail prices for a period of time and controls to prevent wage re- ductions, as tell as all measures needed to combat post-war inflation. e Exemption from personal income tax of married couples with annual in- comes of $1,550 or less and of single per- sons with incomes of $1,250 or less. Curb Monopoly Practices The Dominion government must adopt stern government measures to curb monopoly practices such as were re- vealed in the report of the Royal Com- mission on Price Spreads and Mass Buy- ing. We need legislation to define and prohobit monopoly practices and legisla- tion which embodies the declared pur- pose of the anti-trust legislation of the United States to protect small business. Such measures will be an essential feature of a healthy, prosperous post- war economy. They are necessary to prevent the re-establishment of war- breeding cartels On an international scale as well as to protect the interests of consumers and small business at home. International cartels were big factors in the Nazi organization for war as well-as in the establishment of monopoly con- trol and prices in the world market for many vital products. International car- tels are anti-democratic and economically restrictive factors in world economy. In the interest of genuine international co- Operation and an enduring democratic peace all international cartels must be dissolved after the war. HAT DO YOU THINK? |ction e be very interesting Columbians to know » :katchewan CCF govy- > openly basing their = the coming year on Fince of prosperity in by plan to raise about extra—and this is ed on increased re- om present taxes, Phe way still include msoecialist” two per therefore a very en- udget in view of re- nances of B.C. CCF- tia when they jeered Hart’s budget be- is based on continu- l of wartime revenue. - should also warn the in CCF group that Aonal leadership has re will be a reac- ¥_Zovernment in Ot- he election, a depres_— © increased revenue. ruin Saskatchewan CH government. EX-FPARMER. BUT — AN HONORABLE PEACE Saturday, Apmis 7. 1945 —— Page 5 Shor t Jabs by Ol? Bill SAUUUIASSCCRASEGUESLENNCELERCEESSEOREULATIF HECTOR YFASENSAVEDSTEIEEEEIEEyFLAEETIDLOINE Pesterine Dewstrseuritsaees Press Drive Again! DID NOT intend to write about the Press Drive this week but circum- stanees determined otherwise. First then, about our standing to date: as I-write, we have to our credit; seven subs and $43 in cash. Quite a long way yet from our objective of 60 subs. and $100 cash. That, however, is not what made me decide to add a little move urging for the eld-timers. This sereed was written under compulsion and the compulsion was the receipt of a letter from a couple of livewire youngsters in the Fraser Walley this morning (April 2). The letter has more bite to it than I could write about it, so here it is In full as it was written by those juvenile hustlers: “Ol Bill: Melvin Ronan and myself want to see who ean sell the most subs to the P.A. Would you kindly send two subscription books to Norman Hiebert R.R. No. 3, Mission. P.S. Hey! Move over and make room on your bandwagon for two young fellas.” Who says the future is dark and gloomy? Who dares to speal: of blue’ ruin, when Canada’s youngsters are imbued with such a spirit ? Want to push me off the bandwagon, do they? Well, IV’ll be tickled to death to climb down for the kids who wrote that P.S. for I know by the tene of their lettes, they’ll carry on from where I leave off. If all the grown-ups had the same spunk as Norman and Melvin, the business manager would not have to think seriously of visiting a face-lifting expert to get the wrinkles ironed out of her womanly brow. ‘It is so easy for me, if you will forgive me for getting a mite per- sonal, to become enthusiastic about our press. It functions so differ- ently from other types of papers. Its reporters present the news as it happens without any doctoring. The report of the harebrained pro- posals of the CCH member of the Legislature. Arthur Tumer, recently, is a case in point. Remarks made by Turner looked so foolish, inerim= inating in fact, when laid out on newsprint, that he hastened to deny them, most vociferously. ae That did not work with the P.A., although it might have succeeded with Hansard. Many people whose knowledge of reporting is of the most meager kind, imagine the Hansard reports are something akin to gospel truth, that they are to a T, the report of the proceedings and speeches made in the parliamentary institutions throughout he British Empire. : But this. is not the case. All reports of members’ speeches are edited; even interjections like “hear, hear,” are carefully verified. It is the usual custom of Hansard, which is a semi-_official body, to submit speeches and remarks to the members involved for their ©.K. If any) M.P., for instance, makes a grandstand play on the floor of any of _ these Parliaments, on, let us say, “Bombs Over Finland” or some other anti-Soviet issue, the report to be published in Hansard may be sub= mitted to him before it is printed. | Lf something in it may lose him a few votes, he strikes it out, objecting that he was not correctly reported. Tinkering : : The most celebrated instance of that tinkering: with a speech was in the case of a budget speech made by Gladstone. Marx was accused by a spokesman of the German Manufacturers’ Association, the economist Brentano. of falsifying a quotation from that speech, the only time any of Marx’s quotations were ever disputed. In The Inaugural Address and in Capital, Marx used an extract from that speech from the press reports the day after it was made. In the extract Gladstone admitted almost the entire wealth of Britain had ac- crued to the property-ownine class. This was taken from three of the leading papers in London, including The Times. But Hansard was differ ent. Gladstone had exercized the privilegze permitted by Hansard and excised the damaging passage before it went into the record in Hansard. reported by the same individual. There was no doubt of their truth. Then there is another case, not Hansard this time. but just “editine,”” . the story about Canada’s Tory Prime Minister, Sir John A. MacDonald He spoke at a meeting in a small Ontario town onee. A cub renorter was sent to write up the meeting. Sir John had been sampling his favorite brand of Coca Cola during the afternoon and the eub took down his words: of wisdom verbatim. _ When the editor of the paper read the report he refused to believe Sir John had made such a speech. Perhaps it was too much like the truth? So the cub had to go and read it over to the great Tory leader and get it verified: MacDonald had a hang-over. but when he heard the speech read over, he struck out every word but the first and the last. He made the necessary corrections that is he mace another speech and warned the reporter that this was what came of drinking. “Young man,” he said, “never again report the words of any public personage when you are under the influence of alcohol.” : 78 No Gerrymandering No! our paner does not permit of such ferrymanderine of the news or the words of those public enemies who make slins of the tongue which have to be concealed from the masses of the people. : Rather we are proud of -our paper and its reporters, like the Red Army soldiers on the Eastern Front who had run out of cigarette papers. The only paper they had was a copy of Pravda. Thev rolled up their mahorka in pieces of that until they had smoked it all away except 2 page with a story by Ilya Erenberg. Then they were confronted with a great dilemma. Should they use that also? hex decided to take a vote on the question. Erenbere won. They could not make cigarettes with any paper with an Hrenbers story on it. That’s the kind of reporters we have on our press and that’s why Norman Hiebert and Melvin Ronan are competing to see which will get the most subs. to the P.A. at Mission.