4 B Ry LUMBER WORKER From page 1 “Salute!” Political instrument for Canadian workers and farmers. Full support was tendered Congress action in this res- Pect. The convention then turned to the pressing immed- iate question in British Columbia. What role should be taken by organized labour in the event of a provincial election before ratification of the national plan? : The answer given by the convention was the only Practical answer that could be given by delegates bent upon the downfall of the Social Credit Government and the repeal of Bill 43. All other parties but the CCF had supported the enactment of Bill 43. Their voting records were plain to be seen. Lacking any other basis for effective political action in an early election, active support of the CCF provided the only possible alternative. As IWA officers declared on the floor of the con- vention a new political party can not be brought into being in time, should an election be called next year, as expected. Is was a sign of maturity that the convention recog- nized that a political party must be organized around principles. Proposals to select labour candidates, with- out consideration of their allegiance to any political principles or program were discarded. In this respect, the convention refused to repeat the mistakes made by British Trade Unions before the formation of the British Labour Party. Labour men then elected were derisive- ly described as “Lib‘labs”, because they too attached themselves to the Liberal Party in self-protection at that time and soon lost their independence and value as la- bour members. The proposals supported by the IWA delegates at the convention do not in any way infringe upon the in- dependence of the IWA. The policies supported in the convention were those which earlier had been outlined in principle and approved by the IWA District conven- tion. These policies will be further discussed by IWA members without any restraint. No coercion will be im- posed to cause any individual or group to sacrifice scru- ples of conscience in support of the policy approved by the majority. It is the declared intention of the Federation as well as the IWA that democratic means are just as import- ant as democratic ends. In consideration of political movements, the means usually shape the ends. This salute is tendered the Federation in recognition of the fact that the IWA needs the Federation, even as the Federation needs the IWA. The IWA is the larg- est Union inside the Federation but has not taken ad- vantage of this fact. Its representation on the Executive Council is based on the merits of the men selected rather than their union affiliations. As a matter of fact the IWA makes a con- siderable sacrifice to release competent men for the exac- ting work of the Federation. Consider the demands made upon the time and en- ergy of the three representatives now serving on the Fed- eration’s Executive Council, 1st Vice-President Joe Morris, Local Union Presidents John MacKenzie and Jacob Holst — and the value of this IWA contribution will be realized. On the other hand, it is clearly indicated that the IWA more than ever before,must rely upon the efforts of the central labour body for every necessary leg- islative protection. There are few IWA members who «would have the temerity to say that their union could sunction alone in the legislative field quite as well as the combined forces of all the unions in the province. This pooling of strength for action on the legislative field is now vital to the success of IWA aims at the bargain- ing table. The recent strike experience made it plain to the IWA members that the employers’ activity in the poli- tical field could impose grave handicaps on economic action. The only answer to such political activity on the Emprovers ANTI~UR ON. CAMERON 3 “Hey, | think this guy means business” part of the employers is political counter-action by the workers. The greater the organzied strength of workers in this field the more certain are satisfactory results. The value of mutual support during a strike period was emphasized over and over again. It is now certain that trade unionists recognize the imperative necessity of such mutual support under the conditions now sur- rounding strike action. Through the Federation they will seek to achieve efficient co-ordination of their ef- forts, for a common purpose. A salute may be tendered the Federation on behalf of the general public, even though it may seem at times that the general public fails to appreciate the values of trade unionism. Throughout the convention proceedings, full atten- tion was given to the interests of the public. This is another sign that labour has grown up. Labour’s poli- cies are now formulated in recognition of the requirement that as one section of society, it must seek its welfare in the welfare of the whole community. An outstanding illustration of this point of view was seen in the convention’s treatment of the report dealing with natural resources, and the report on human rights. Here again it was demonstrated that organzied la- bour forms one of the main bulwarks of our democratic way of life. Government “give-aways” condemned by Committee Strong protest against action taken by the Provincial Government to hand over the natural resources of the prov- ince to large corporations was contained in the report of the «BE. PUBLISHED TWICH MONTHLY ON THE FIRST AND THIRD THURSDAYS BY International Woodworkers of America S35 (AFL-CIO-CLC) Regional Council No. 1 REGIONAL OFFICERS: President Joe Morris Ist Vieo-Pri Jack Moore 2nd Vice-President —.. R. C. Ross rd Vice-President . ~. Bred Fieber Secretary-Treasurer George H. Mitchell International Board Members .. Walter F. Allen 'S, M, Hodgson Address all communications to GEORGE H. MITCHELL, Secretary-Treasurer 45 Kingsway - TR 4-5261- 2 Vancouver, B.C. Subscription Rates.__.$2.00 per annum Advertising Representative......_G. A. Spencer Authorized as Second Class Mall, Post Office Dept., Ottawa 27,500 COPIES PRINTED IN THIS ISSUB of Labour. Said the report in part, — “We now see Wenner-Gren purchasing, or reserving to themselves, six million eight hundred thousand (6,800,000) shares of Peace River Power Development at 33%4c each. Sale of a purported million shares @ $1.00 to B.C. Electric, and sales to several British Companies of more millions of shares, at ostensibly the same price, If the residue of the capital needed, which could vary be- tween 200-500 million dolars is sold at $1.00, then, Wenner- Gren’s profit would only be 200%, or $4,533,333.34 on their investment of $2,226,666.66 Enormous Profits Seen However, ‘this would be a most unwieldy capital structure, and your Committee seriously doubts there will be issued 200- 500 million shares of this Com- pany, Therefore, this leaves us with only one conclusion, that fewer shares will be issued at a much higher price. This will in- crease the equity of those. who hold shares now. It is to be presumed that major Trust Companies, and the public, will be requested to Participate in the completion of Natural Resources Committee, (John Hayward, Chairman) adopted by the 4th Annual Convention of the B.C. Federation the financing of this Company, Taking a hypothetical minimum price of $10.00 per share, this would give, Wenner-Gren a 2900% profit, and the rest of the original participants a profit of 900%, Wenner-Gren would then have shares valued at $68,- 000,000 on an original invest- ment of $2,226,666.66. The -hypothetical figure of $10.00 per share is not your Committee’s but that of a reput- able investment advisor, Recommendations The principal recommendations of the Committee were; J 1. That there be no unilateral development of power resources by drowning of trees in areas to be flooded as this is the antithesis of good resource management, and will be a snag-infested, floating, rotting testimonial to the lack of foresight and avaricious greed of those concerned for the next hundred or more years, 2. That in line with Labour policy all B.C. power develop- ments to be undertaken by the B.C. Power Commission with due respect to our Fish resources. 3. That we recommend support of the Government in its petition re the Grimshaw Pine Point Rail- way link, as presented before the Labour @ Weekly Planned Plans are maturing for the publication of a weekly news- paper owned and controlled by organized labour, it was reported at the recent B,C, Federation of Labour Con- vention. A resolution authoriz~ ing completion of these plans was adopted. The resolution referred to the fact that these is an increasing need of a medium which will place the views and activities of labour before the public instead of the employer-slanted reports in the daily newspapers. The incoming Executive Coun- cil was instructed to intensify its efforts in this- direction and de- cide whether to publish weekly or bi-monthly. Portable Pensions Urged CCF House leader Hazen Argue has reiterated his de- mand for a national old age portable pension plan that would give old age pensioners one-half of their income on retirement. Contributions to the na- tional pension fund, he said, would provide a source of in- vestment funds for carrying out public developments in Canada. He was speaking here during his present tour” of the Canadian west. Manning Commission, 4, That, inasmuch as all logging roads, regardless of what form of licenses are in operation in the area, are paid for by the people of page. Therefore, the B.C. Federation of Labour petition the Govern- ment to amend the Forestry Act, by deleting the words “Private Roads”, and inserting the words “Public Roads”, subject to the necessary restrictions in said Act. We further request the com- plete removal of all restrictions on the Ucluelet and Tofino Road, and this road to be brought up to vincial highway, British Columbia. out of stum- the standards of a first-class Pro-