B.C. LUMBER WORKER ist Issue, May iN BRIE 1N BRIEF iN BRIEF iN BRIEF CLC Urges Unionists Vote MONTREAL—The executive council of the Canadian , Labor in the federal election. an a statement a m and it wi Mote rOatadions fail fea 3 vote in THEY STILL PAY 24% INTEREST ON LOANS sy CLIFFORD A. ps ee average working ver anenival bills, iy cone akes nen y to co Household pyeirmen he m compai g my. une cal | bank may a beeline ie a small loan be just ar he but becaus fatione= BeEntial ined and cone ‘rely goes to aE ‘his pant manager for a aan gt SL0Uoe ants to borrow | q, ew fdeatanen or not seriously affect the ae acy aieae ‘ot it the wi © present interest fa ill affect the vast majority of present bor- rowers. Mr. Oakes said that last Canadi: borrowers required jos a ies ibe se $200. eg low side the Small Loans ae Gia, have cut iat in- 500— last Section. F the only political party which has Bead the CLC program. instead he heads for the ENP. Genilesige For Students: ‘friendly ational realt manager wh : OTT. into the uber war” bain waged firms -competing for the privilege of hiring this year’s university graduates in engineering and science courses, according to an Un- employment Insurance Commission wes false, 49) ges Gil number graduates both here and in the U.S. and American com- aes Eng. Been trying to lure Canadien graduates. Now the NE ¢ by United States ae conempea a then ae over the cash. Mu: Hon The small loans compa! ny has become a part, eae an essen- 1g | tial one, of every Canadian com-|# But th munity. ie extensive adver- yn the low becauie Bay iehres quoted in Parliament showed that in 1954 some 72% — or nearly three in every four Joa ans, woe for $3 the present ceiling to which the Small Loans Act the present 24% a year to 129%. The second bill was aimed at The small Joan companies say mi nding the Interest Act we. iBeu on loans at the new rates of in- on all other types of ae fetest + because they are unprofit- NHL Players Seek Pension NTO—The National Hockey League Players’ Association, Sea eae Ted Lindsay, announced that it would seek im- BPVarieUIsti The NEU players etirentent pension plan es: well’ as some reimbursement from television proceeds of hockey games. Ga ‘ing, lighted offices and the services of rie} wer A ment, Hazen ae MP. (cor and this would loans over $500 on which there was no interest rate limit. e bills didn’t get to pat tesa in. Peniane nt but later eae presumably be for amounts of $200 and less, The rate of in- terest on these loans would be unchanged from the present level. No New aa: i session the ed its own amendments to the end cee Engin = Tar ee ing ot ineers en ap- ° CLC. The first isciplinary against the Ope CLC itself. d| have the effect rating Engineers by 15 other CLC afiliates and the | est ly large numbers of Canadians who are ee eine: soree at use ee services troduced Saat ‘bills “which, Seoul cH Refecis inter- rates on small loans. His first bill proposed an th Small Loans Act. These amend- is poveey eae aie Ber of finance companies operating 3 in on loans Pelee Ke ae maximum rate $300 and $1000 ae va Ge ae Go annually. However, but the s between | °* 4 heir representatives. Indeed, eek the eats Been os Eanes mpan, ‘ial the balance of the | ban eine w $300, the interest rate si belov commitiaa dealing with a request HUB HUMOR FILM TELLS WHO PAYS DETROIT (CPA) — Republican Party financing, and up tbr ate sio00 a $1500—the m tali on loans between increase the company’s capi- maximum | that no new capital would be mount covered by the legisla-| vested, was ee at 6% per annum ion— Haver when the balance of the The change was requested, he United Auto Worl dealt with eam ealy in a new film just released by the doubled and when it dropped be- low $300 the rate doubled again. Rates effect, the el ieee ona to transfer some of its sui “because the coi ompany Js becom cai loan was not peared to be but Oa simian, the actual interest male on 01 ery huge profits it shows = aS one shet ets om year to year and re- Who Pays for Elections, the new UAW film, is a thirteen and illustrates the methods by which ae e profits to the very Republican Party raises its | 18% Tiaieed) capital now set forth. ary featuring Guy Nunn, UAW faa _ AS an aftermath of Parliament Radio and Television commenta- eciti ¢ Arguments Tale of Woe est zs shtee ee small loans : Spec ae S are made] ormpanies, the tae iene ‘ale of woe now Meaningless Vote against the’ Propose of Republi- | - Lae Recentl. being old mi the small joe com- sequences show first, how | C22 Sen: Bey Goldwater of any representatives they were , | the tight to vote is meaningless Arizona, to tr s id unions to. dis the president ted the he. Gana i sal in tiie iat ery by yet R without access to information on | CUSS Political issues through the ¢ other small loan company RUSLCR ALD elderly iajon decide, and secondly, |(USe ics radio, television, or news- small oe old tee ona which was incorporated by Par- . UNION MADE, MEN'S WEAR - how the information channels of | PP! loans of $200¥or ess Because ¢|}iament only a few months ago. afford. | the co oe ated by ‘The lm, according to UAW ie changelintarcetirel Nafinaly branded lines sich as | newspaper: i rx Brendan Se Small Joan companies are be- eRpow. DOKE: - sh So ete., agencies f favorable to the Repub- first in a series The CCLC rep: important ery aaa i the UAW whieh evil loan companies aaa ae oe life of Her, Ak abnut FREE CON ae E, Wilson, Defense sie chan ies take up tions. current political ques- y General Motors Company, is “Pm trying to get my wife to run for congress.” have also suggested that they will refuse to sancti ction any loans Gaga Te ma “of ce pens insurance companies Zul tru: dicat predica’ ioe fective next January 1. r Limit Loans Now the upper limit loans will tent on ree to t iene as well as the pee of profits, Small loan com- ing o: | panies must also begin to assume a responsible role. “Why?” “LTO 45 EAST HASTINGS 1 “Because she sure knows how to introduce bills into the house.” Publication date of the next iss ie Kee ie h, Deadline for ad copy ue of the B.C. LUMBER WORKER is May 9th and for news copy AND THIRD Ber eee % ecription Auth Sea Secon Daal 27,500 COPrES PRO BC Lompen BC. 5 ganized Loggers and Mill Workers of B.C. ery Tae ese rica XcI0- CCL) International “Saar eat Roe ( ) <> DIS’ FFICERS: dress all communications to czonR = MITCHELL, pe rising Reni seautaliye A. SI 1d Class Mail, ees Office Dagee ‘Ottawa INTED IN THIS I8SUB cory ON UB THH FIRST President —.._.-—- =. Joe Morris figs Vice -eenident ——— ‘William N. Gray ‘President —. Stuart M. Hodgson Sa Vic ident ——_—— Fred Fieber Secretary-Treasurer George H. Mitchell ay International ae Member ‘Walter #. Allen Secretary-Treasurer gi Dlekens 5261-2 ir, B.C. $1.50 per anm a a. For details, call at our 700 to serve you. THE CANADIAN BANK OF COMMERCE. 100 Bronches In British Columbia