\i Rudolf Hess,

One Billion Dollars For Homes
Demanded By LPP Member
Scores ‘Rich Man’s’ Budget
Failure To Provide Employment

aised $8,000,000,000 for war. Surely we can raise
This was the challenge flung to the government
rogressive, Cartier) in the House of Commons
“There is only one way in which we can judge the
present budget. Do its proposals give the assurance that the government is
taking its full employment policies se riously? :

“In _its white paper, ‘Employment and Income,’
Stated: ‘Fisca] policy during the war has necessarily been based on economic as* much as
purely financial considerations. It is proposed to extend that practice into the postwar

years and apply war experience to the problems of- peace.
On the basis of this budget the, jobs are to be provided by holding out to Big
incentives.

whose defense throughout Nurem-

© crimes trials was loss of memory, here confesses

_ amnesia pose he had affected was just a bluff. He
sadiness to bear full responsibility for his crimes.

ench Labor Critical

| Control Methods

IS. — The government bill nationalizing the
» France and four of the biggest investment banks in
_try——passed at a special session of the Constituent
7 by 521 to 35 votes—is considered by French labor
3 falling short of the strict national control of French
| cessary for the country’s reconstruction. They admit,

that it is a big step forward in long-needed finan-

uhaux, general secre-
-e French General Con-
of Labor (CGT), ad-

if

.a special meeting of
-rity party representa-

inted out important
}the bill before its pas-
- asserted that it failed
‘he real need for strict
‘Ad fair distribution of
th a view to rebuilding
‘ernizing French econ-
representation of pub-
ts on the new board of
che’ said, is inadequate
useful influence.

« Satd the weakest point
-ll-is that deposits can
vawn from nationalized
i placed in others re~
utside the nationalized
\d that, furthermore, no
_ fixed for the opera-
such -unnationalized es-
jats. This» proved te be
disputed point: in the
debate, where it was
at this will-be used by
3 well as French money
in-order to- escape com-
e: control. aE és
Ommunists and Social-
© a joint effort to ex-

tend nationalization to the lar-
gest investment banks, particu-
larly -two notorious ones close-
ly connected with big arma-
ment interests which played an
important role in backing fas-
cism in prewar France But Fi-
nance Minister Rene Pleven
and. President .Charles de Gaulle
appealed to the Assembly to
confine the nationalization pro-
gram only to five of the most
powerful banks and not to press
for inclusion of other invest-
ment banks “because of their
important connections with
foreign banks, at a time when
France badly needs. supplies
and credit from: abroad.”’

In addition to the Bank of
France, private banks to be na-
tionalized are the Credit Lyon-
nais, the Societe Generale, the
Comptoir National des Comptes
and the Banque National Pour le
CGommerce et ]’Industrie. Under
Assembly pressure, the govern-
ment had to insert a clause es-
tablishing more stringent super-
vision of all banks remaining
outside direct state control. A
national ‘council was set-up to
govern the general credit and in-
vestment policy of the country.

> ADVOCATE — PAGE 9

debate on the Budget.

Business so-called
need them because Big jBusiness
which: talks so. much of the need
for incentives in order to give

had enough incentives given it
to provide full employment for
the people of Canada.

“For instance, the Bank of
Canada statistical summary,
analyzing the account of 700
Canadian companies, points ‘out
that after taxes and deprecia-
tion the net income ‘to the stock-
holders increased ‘from $242 mil-
lion’ in 1938 to $292 million in
1943. The increase in profits
before taxes was of course much
greater. Profits increased from
$410 million in 1938 to $799 mil-
lion in 1948. 7
THE RICH HAVE THE MONEY.

“But: there is much+more to
the picture than that. Accumu-
lated surplusses and surpliis re-
serves increased from $800 mil-
lion in 1988 to $1,118 million in
1943; and at the same time these
companies were able to reduce

- Ottawa, Ont.—’"We r
$1.000,000,000 for homes!”
by Fred Rose, M.P. (Labor-P

more employment has already |

issued last April, the government

If incentives are necessary, it is the Canadian people who

their funded debt from $1,015
milHon to $892 million.

“Individuals as well as cor-
porations. have not done badly
for themselves during the war
years. In 1987-38, according to
figures given by the Minister of
Finance ,to the House on March
24, 1939, as reported in Hansard,
there were 382 Canadians at that
time receiving incomes of more
than $50,000 a year. In 1944, ac-
cording to the Dominion Bureau
of Statistics, there were 650 per-
sons in the same income bracket,
receiving a total income’of $68
million, or better than $10,000
apiece. After taxes, they still
had a trifle of $25 million left.
That is not too bad for only 650
people. . oe _

“The minister in hig budget
now proposes to give these peo-
ple $96 million more through the
proposed reduction in the excess
profits tax.

“My party, the Labor-Progres-

Tory Attack

round the world.
- The really decisive engage-
ments of the new Battle of Bri-
tain will be fought on the eco-
nomic and _ industrial fronts.
Widespread sabotage and pro-
voking of industrial strife will
be the prominent features, as
was previewed in the recent dock
strike when industry sought to
weaken the Labor government
and stall nationalization’ by em-
broiling the’ nation in: economic
strife. The employers, by their
intansigeant ‘attitude and pro-
vocative tactics; were intent on
forcing a nationwide strike,
What was tried in the dock
situation will be tried in every
other major industry in the days
ahead. The guts can only be taken
out of this form of sabotage by
a government - sponsored drive
for higher wages and improved

conditions of work — something

Underlines

BritishLaboer Gov't Weakness

LONDON. — The Battle of Britain—postwar version
——is on. The opposing armies of the industrial monopolists
on the one side and the progressive and labor forces on the
other are rapidly being deployed. Broad lines of strategy are
taking shape and the fronts on which the battles will be
waged are becoming clearly defined. All the techniques of
modern warfare will be employed; sniping, underground re-
sistance, fifth column activities, delaying actions, dislocations
of enemy economy, sabotage and direct broad-scale assaults.
As ‘in all modern wars, the effects of this one will be felt

the Labor government has thus
far shied away~ from.
Whether the government is
aggressive in these key prob-
lems will probably be decisive
in the coming struggle. It is
therefore understandable that
@ recent speech by Herbert
Morrisen, leader of the House
of Commons, -aroused pleasant
speculation among -the Tories
and fear among-zome of his
own supporters. Retreating
from Labor’s election ~ plat-
form — which recognized iron
and steel as the key to nation-
alization of other major indus-
tries—Morrison announced that
the government will defer its
decision awaiting the report

(Continued on Page 16)
See BRITISH LABOR

sive Party, has stated in its. pro-
gram that the excess profits tax
after the war should continue
as in wartime and: should be used

(Continued on Page 10)
See SCORES GOVT. FAILURE

MAJ.-GEN. PATRICK HURLEY
(See story on page 13)

LPP Charter
Member Dies

Pete Markovitch, charter mem-
ber of the LPP and formerly a
member of the old Communist
Party, died at APL camp one'on
Oct. 2. Death was: due to a heart
attack. Pete had not been feel-
ing well for sometime and had
only. returned to: work ‘after a
layoff of some months duration.
The day he ‘suffered’ the attack
he had been fighting fire all day

and it is believed ‘that’ the hard /

climbing that is necessary when
fighting fire’ on the sidehills was
responsible for his death.

Comrade Markovich was born
in Yugeslavia fifty-nine years
age but he had spent the major
part of his adult life working in
the mining and logging camps of
Canada. He played a leading part
in the progressive movement in
Port Alberni especially in the
language groups.

[

Gomrade Markovich will be
sorely missed by all his comrad es /
‘ad friends. _— f

" FRIDAY, DECEMBER 14, 1945 /