UE: launches full-scale campaign to. help win jpeace on earth’ TORONT lade the instructions of the 23rd annual convention of the United Electrical, Radio and Machine Workers (UE) a meeting of the union’s national legis- lative committee has outlined a program based on giving broad PUL to UE’s position on the key question Noting the “new atmosphere in the world today,’ C. S. Jackson, UE president, told the delegates that “the petition campaign initiated by~ Univer- sity of Toronto underlined the general acceptance of the con- Unionists in USSR MOSCOW — Three repres- entatives of the International Longshoremen’s and Ware- thousemen’s Union are now vis- iting Moscow at the invitation of the Maritime and River Fleet Workers Union and the Soviet Ministry of the Mari- time Fleet. The three ILWU delegates tare Louis Goldblatt, interna- tional secretary-tre™surer; L. _ B. Thomas, member oi the Coast Labor Relations Com- mittee that administers the longshore contract, and Mike - Mamaduroff, chief dispatcher at the Local 10 longshore hir- ing hall in San Francisco, The invitation was a res- ponse to the warm reception accorded Soviet Premier Khrushchev at the San Fran- cisco longshore hiring hall dur- ing his tour of the United States. ? 5 United Steelworkers, of peace. cept long advocated by a that nuclear bombs could ae banned altogether and that an age of reason could be won in which universal peace. could usher in a newera of full em- ployment.” As UE’s contribution to all of the forces in our land work- ing for peace, the delegates agreed on a program which would include: ® A pamphlet for distribu- tion to all members of UE con- taining the convention state- ment on peace and the petition of the University of Toronto. @ A sticker calling for an end to all tests and for the banning of the bomb. The stic- ker will be stamp size and will be available for UE members to affix to Christmas card mailing, as well as being used throughout the coming year. @ A petition postcard on which the union, will seek signatures of all members as well as their families and friends. These materials were rolling off the printing presses this week and will be shipped to members as soon as the ink is dry. = US. steel firms woo men with bulky mail WASHINGTON — Men who make steel are getting the soft soap. , ; Steel Labor, magazine of the reports that company bosses are trying to be as sweet as a Christmas pudding to the workers who are back in the mills under a Taft-Hartley injunction. Embarrassed with courtesy on the job, the men are being Civic election forgery denounced by Morgan Circulation of a mimeographed leaflet, purporting to be a slate published by the Communist Party of Canada, was denounced this week by Morgan as a “bare-faced forgery; the civic election campaign.” introduce McCarthyism into “Apparently certain reac- tionary big business forces, feeling their stranglehold on the city administration _ slip- _ ping, resorted to this deception in. order to divert attention _ from the real- issue of what voting for genuine representa- tives of the people, and in sup- port of a Canadian policy. of peace and disarmament, could mean in terms of tax relief, jobs for the unemployed, a bet- ter deal for pensioners and school facilities for our child- ren,” Morgan said. “As is well known, the Com- munist Party enters candidat- es in all provincial and federal elections. And while members of our party, like Mona Mor- gan-and others take a lively interest | in civic affairs and CPC provincial leader Nigel a feeble attempt to participate in civic elections, in accordance with Canadian traditions and the practice of all other political parties, we do not nominate as a party in the municipal field,” he stated. “The Communist Party had nothing whatsoever to do with any such publication,” Morgan concluded. “This latest fabrica- tion is typical of the lies and vilification the labor move- ment is being increasingly sub- jected to by vested interests and their paid dupes. It is not unconnected from the vile campaign of slanders that or- iginate with the trotskyite-re- visionist elements, and the acts of violence that have been perpetrated against Commun- ist leaders if the last couple of years in this city.” deluged with mail at home. The letters are bulky, too, much longer than the Gospel according to St. Luke. Great Lakes Steel Corp., for instance, has sent all its employees a seven-page letter, telling them why they should vote for the steel corporations ‘final offer,’”’ which would do away with existing ‘work rules. “Other steel companies,” reports the Wall Street Jour- nal, “said this was the opening of an -industry electioneeriag drive, to be furthered soon by letters from other steel com- panies, seeking rank-and-file approval of the proposals in the January election.” Twenty days before the in- junction’s expiration the work- ers are supposed to vote on a “final offer” from the com- panies. : CPC statement on Al Haystead POWELL RIVER, B.C. — The Powell River club of the Communist Party of Canada this week isued the following statement: “It has been brought to our attention that Al Haystead has suddenly left Powell River, leaving behind a number of personal loans owed to various individuals without any assur- ance of payment. The Com- munist Party club dissociates itself from Haystead’s actions and condemns such irresponsi- bility in financial matters. Al Haystead has not been a mem- ber of the Communist Party for some time past, having dropped his membership through non-payment of dues.” High profits price us out of markel Recently, Vancouver Converters Local 433, Pu Sulphite Union, asked the Trade Union Research RF to draft a brief financial history of the “Big Three” B.C. forest and pulp and paper industry, namely, Millan and Bloedel, Powell River Company and Cro Zellerbach. The report, published in the current j Western Pulp and Paper Worker, makes it clear w happening to the economy of British Columbia, proves that huge corporation profits are the main for prices being so high. Here is the Trade Union Re Bureau report: The past ‘Seven years have seen a striking growth big monopolies in the forest industries. These have gro only by the accumulation and reinvestment of profits, b by mergers of the larger companies. 3 Eight years ago, H. R. MacMillan Export Compan Bloedel, Stewart’ & Welch merged to form MacMi Blodel, now the largest of the forest giants. A further p is now under way between that company and Powell Company. At the same time, Crown Zellerbach formed Croan Ze bach of Canada to take over its existing interests in B.C merge them with newly acquired holdings. In 1956 on step was taken by taking over the giant Canadian We Lumber Company and its subsidiaries. Parallei with this merger process, all of the compa _,eoncerned were growing rapidly through the investment accumulated profits. The total picture, which combines” effect of both mergers and profit accumulation can be se e the po ewing tabulation of the assets of the big three: MacMillan- Powell Bloedel . River _ Total assets 1951 _- $ 95,000,000. $ 91,000,000 $ 57; Total assets 1958 -_ 287,000,000 139,000,000 194 ;000 Increase $192,000,000 $ 48,000,000 $137, (all assets figures quoted before depreciation and deple In the total, then, two of the companies have tripled and the third has increased by half, in a period of seven y In the case of MacMillan-Bloedel, about one-fifth of th crease is due to the merger between the two companies, 2 in the case of Crown Zellerbach about half the increase sents the taking over of Canadian Western Lumber. j For MacMillan-Dloedel, that still leaves about $152,001 000 of actual expansion to account for. In round figures source of this accumulation can be seen as follows: Net Earnings (after bond interest and amortization)’ Less, Income tax =-----___--______$92;000,000 ‘Dividends : 34,000,000 $246,00 Earnings available for expansion ___ Plus, borrowed funds deferred income tax Total A Powell River Company’s expansion has not been SO § tacular, but it has been financed entirely out of earnings: Net Earnings 167,00 Less, Income Tax - Dividends 65,000,000 45,000,000 Earnings available for expansion __ Crown Zellerbach’s expansion was mainly by way- of x ger, but there, too, the accumulaon, of profits was a hands source of capital: ‘ Net Earnings -_- Less, Income Tax Dividends 29,000,000 20,000,000 Available for expansion Funds borrowed Acquired by merger $137,000, To summarize, apart from the growth of these monopo! by merger, and by investment of borrowed capital, the th companies have accumulated and invested $215,000,000- out earnings. This was accomplished after paying out $99,000,00 in dividends and' $186,000,000 in taxes. | December 11, 1959—PACIFIC TRIBUNE—