B.C. LUMBER WORKER plus earnings of 1-217, the report submitted to the March 10. Officers elected were John Lucas, re-elected as President; Bill, Lyons, Secretary; Jim Simp- son, Vice-President. Elected to the Board of Directors were Jim Simpson, for a three-year term, and Al Busch, for two years, Board Members also elected were, J. Lucas, J. Simpson, Bill Lyons, .. Bardsley, J. Cummings, G. Friess, A. Evans, Al Busch and Bob Waters. Elected as Chairman of the Credit Committee was H. Bards- ley, with P. Neal, Bill Gray, A. Good and D. McDonald as mem- pers. Supervisory Committee Mem- bers are A. McDougall, Bert Full- james and C. Groat. Meeting was addressed by Mr. Bert Gladu, Member of the Credit ion Chapter; Bill Johnson, esident of Local 1-363, IWA, redit Union, and Jack Holts, of Courtenay Credit Union. Educational Campaign Dividends of 3% will be paid this year to Local 1-217 IWA Credit Union members, also a 10% rebate on interest paid by personal loans. Plans laid by the Educational Committee will provide all IWA THE CO-OPERATIVE VIEW Earnings Of 1-217 CU Increased 100 Percent z ORE hundred percent increase during 1950 in assets and sur- es eur ualen was revealed in ers a held in the Veterans’ Community Hall, 3rd_ Annual Meeting, 47th and Fraser, | plants with posters and literature informing members of the service rendered and advantages of be- longing to their IWA Credit othe B ie Board and members of Local 1-217 plan to increase the membership to make this Credit Union the largest of its kind in the district. One Year’s Progress Striking progress made by the Credit Union during the past year was shown in the follow- ing comparative statistics in the Annual Report. 1948 1949 Assets ... $8,990.72 $12,971.41 Shares— Members .... 3,921.25 8,678.26 Shares— - Endowment ... 3,000.00 Loans— Members .... 3,065.78 9,395.28 Surplus 35.38 - 200.41 Loans m since Incor poration .... 4,378.00 28,415.10 Members 119 196 The members and their friends enjoyed refreshments, provided by the IWA Ladies’ Auxiliary, and wound up their meeting with a dance, Legalized IMPRESSIONS By Tom MacKenzie Banditry! OST of living was up 2.7 index points in January and recent reports indicate further increases at an even more accelerated rate during the month of February. ; able to take some steps to pro- Although we in the I.W.A. haye been fortunate enough to be tect the purchasing power of our @ross wages, it is apparent to all of us that the lobby of the C.M.A. at Ottawa has prevailed upon the Federal Government to protect _ the profits of Canadian industry, ctive of the lower living si lards which are being forced on Canadian industrial workers and those citizens dependent on fixed incomes. Banditry At no time in recent years has there been a more flagrant dis- regard of the interests of the Canadian people. Unless a halt is put to this legalized banditry, _ masquerading under the guise of Free-Enterprise we can anticipate - during the next few months even a iter raids on the lunch bas- of Canadian workers. ___ When we realize the full poten- tial of our economic and political strength and elect to our parlia- ments real labor representatives we will have taken the first really conerete steps toward a solution of our economie problems. ___ Maybe we should find out what P.A.C, means... Peet ee Herbie’s Anxiety __ Have heard rumors that some f our members are objecting to mal-administration of the _ BCHIS scheme. I also gathered when probing through Mr. Ans- h’s budget that he was great- ly concerned about the Hospital "s inability to assume nor- fund commitments fospital subsidies, ete. we should find out P.A.C, means... “ie See ‘Lobby Blues d with a number of the’ recent Joint Labor Lob- : and it apes at time, anyway, ‘oalition A's are not much interested Labor thinks of their m. now inquired 987 meeting in February and had an oppor- tunity to report on a recent con- tract settlement. Was pleased to note the complete lack of panicky thinking on the part of the mem- bership. They were asking serious questions and were expecting and were satisfied with answers in similar vein. Met a number of old friends and resolved to get around in the near future and meet more. More Discoveries Discovered some very, very pale pink spots on my chest but after some consideration it ap- peared it was measles. Was pleased with the turn-out at 217’s special meeting to con- sider the contract settlement. Some of our more voluble “barricade-builders” demonstrated an amazing dexterity at strad- dling the fence. I guess maybe you’ve heard about the guy who L. COWICHAN ACTIVITY Business Agent E. Boulet, Local 1-80, IWA, was the guest speaker at the last meeting of the Lake Cowichan and District. Credit Union. He recalled that the Credit Union had been originally spon- sored by Local 1-80, IWA, and noted with pride that credit union activity had not been firmly established in the community. The Credit Union is to a great extent comprised of IWA mem- bers. ‘Additional speaker on the pro- gram was Rod Gleen, of Nanaimo. The evening concluded with a film program and refreshments. From foot of column 2 Not So Independent Journeyed to Port Alberni to meet with Bloedels and managed to raise Hell with the routine in Local 86's office while assisting in the preparation of draft agree- ments embodying exactly the same proposals as were agreed upon with FIR. There are indica- tions that Bloedels may not be so happy in their role of isolationists and could conceivably be toying with the idea of returning to the FIR fold. Quesnel Plywoods Sat in with the boys from Prince George during preliminary talks on an agreement covering Western Plywood’s new operation with employer representative pro- posals for the new Southern In- terior contract. I understood that Southern operators were willing to talk contract revision under certain conditions. Found out that they were wil- ling to talk on condition that we settled for something less than the Coast contract settlement. Needless to say there was not much talk. Busy Is Right Installed our new District Offi- cers this week at the District Board meeting and it appears that we are all going to be a busy bunch of people around the District office in dealing with the many problems of both adminis- trative and organizational nature that will have to be dealt with during the next few months. U.S. Lesson Travelled to Portland Easter week to attend the International Executive Board sessions and participated in two and a half days of very constructive discus- sions during which time numerous problems affecting the Interna- tional as a whole and more par- ticularly the American member- ship who are now operating under the handicap of wage-control orders. was performing on a-picket fence and slipped. Maybe we should look into this P.A.C. business. at Quesnel. Also discussed briefly | MR. R. V. STUART (right), of Forest Industrial Relations, an- nounces his retirement and hands over managerial reponsibilities to Mr. J. M. Billings. BIG 3 TAILORS MEN’S CLOTHING and FURNISHINGS © STORAGE SERVICE © Cleaning, Pressing and Expert Repairing Phone: MArine 1737 VANCOUVER 332 Carrall S#. fo W. Sow & co. LIMITEp PRINTING & LITMOGRAPHING An Employee Owned Company 1530 W. 4th Ave. <2 Vancouver, B.C. Printers of The B.C. 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