/| Buy dear, sell cheap _ By LESLIE MORRIS phe Cheapening of the Canadian dollar in the world mar- $a sign of Canada’s declining credit. We are a debtor *Y. Our obligations to the United States are in a fair to bankrupting us. Diefenbaker is trying hard to make sunshine out of rain. He is describing the devaluation of the dol- lar as a blessing which will bring more jobs and more markets. : One wonders ‘why, if this is the cure for economic sickness, he didn’t apply this treatment long ago. The truth is that it wasn’t a voluntary action. The squeeze was put on the govern- ment by the International Monetary Fund, which is an American device for controll- ing world finance. * * * i you think that Donald Fleming, the minister of fin- aed Geliberately have chosen his own nomination day Not. ®unce that Canada’s dollar is in great trouble? Of course ket Count: Way Libensstually the Canadian government’s policy, and the for ..... Policy before it, has been working towards this end “Many years, . ducer °u can’t. make Canada, by design, a raw materials pro- throwing” a big importer of finished commodities without i ng i i i iali -ountries like the a the mercy of highly-industrialized cou oi you can’t allow billions of U.S. dollars to flow into Us 7 upsetting complctely our balance of trade with the ees vor of the USA and in disfavor of Canada, without ankes v2 Our dollar and putting it under the heel of the € dollar, hat are the already visible results of all this? — Whic’ Re of them is to increase the prices of goods we import an fe manufactured in other countries, mainly the USA, thieg , .-1ease the prices of Canadian exports to other coun- ’ Mainly the USA. : * * * ee Marx, in his great work Capital, described the cap- a pact as, Sell Dear, Buy Cheap. Now the motto of the lowe, aN capitalists is, Buy Dear, Sell Cheap. Their own hal- down) tee enterprise principles have been turned upside Piso together with the entrance of Britain into the Britain Common Market and the new tariff barriers which, Tecling Will have to set up against imports from Canada, the Ration of the Canadian dollar will make our economic stag- he “ie More stagnant. ; at 921, ikelihood is that the ‘pegging’ of the Canadian dollar ther e “ents, is only the beginning of a long process of fur- Yaluations and increases in living costs. * * * The announcement by the Dominion Bureau of Sta- it the increase in the cost of living in March was the f ing eo 1960 will now be followed by announcements t a im April and May because of devaluation. z Wage cut © fell Swoop the workingclass has been given 4. i a. *d ou z Wheat Payments to them will not be more than wip are f 0 throy 10] ‘n& themselves, More than that: they should ae r a Synical claims of the Tory Minister of Agricul- *“amilton. Not for long are we going to bail out our sc, aking advantage of temporary difficulties in China - , * * * And go ; week ee It goes. The economic stagnation we spoke of last asin dustrial decline, growing unemployment and in- B the ¢ “pendence on the USA, all have been aggravated 5 pepening of our dollar. pest “Oost in Nd is not yet. Our chickens are coming __ *t8e numbers, and they are cackling loudly. GLOBE TOURS ng wine COMPLETE TRIP CAN BE ARRANGED H US INCLUDING RESERVATIONS AND oe ~ Air — Rail —Steamship Bookings @ | ALizine In TouRS TO: © Buca RUMANIA @ ULGARIA _@ HUNGARY UBA @ CHINA For Details Phone or Write To: GLOBE TOURS 613 Selkirk Ave. 4, Man. e to wriveg JUstice 6-1886 Photo shows Canadian labor poet Joe W allace arriving in Moscow’s Byeloraician railway station recently and being greeted by friends. ; SOVIETS OK NEUTRALS PLAN, IT MUST INCLUDE FRANCE T00 The Soviet Union last week reaffirmed to the 17- nation Geneva disarma- ment conference that it had accepted the plan of the eight neutral nations at the conference as a basis of negotiations for a nuc- lear test ban and said it was prepared to accept in- ternational inspection by invitation as formulated in the neutralist proposals. Soviet delegate Valerian Zorin explaine that before the Soviet Union had accepted the neutralist plan it had rejected all international in- spection. Now ,he said, the “Soviet Union was “prepared in certain circumstances to invite scientists to satisfy themselves” that there had been no clandestine testing. However, Zorin added the Soviet delegation would give no reply on concrete points of detail until the West had replied on the main aspects of the neutralist plan, such as the question of internation- al inspection by invitation. The neutrals’ plan is based on national systems of test detection, with the invitation proviso. Zorin charged - the West’s insistence on compul. sory inspection in reality re- jected the neutralist propos: als. FRANCE MUST SIGN Zorin also told the confer- ence it would not sign a nuclear test-ban treaty un: Jess France was a party to it. France, which has boycot- ted the Geneva conference since its inception in mid- March, set off its fifth under- ground nuclear explosion in the Sahara on May 1. Zorin said. his country could not allow an ally of the United States and Bri- tain to go on with tests when other nations had stopped and that it was intolerable for ‘France to ignore world opin- ion in such a way. He added, the fact that France’s latest test was de- tected in the U.S. bore out the contention of the Soviet Union that national detection systems were sufficient. MORE PROOF : Further proof of the Soviet arguments on underground testing was provided by the U.S. Atomic Energy Com- mission itself in a 700-page book, The Effects of Nuclear Weapons. To date, the U.S. has made much of what it calls ‘‘de- coupling,” or reduction of impact of underground nu- clear tests, if these are car- ried out in large underground cavities in salt or hard rock formations. However, some of their lat- est underground tests, con- ducted in precisely the en- vironment which is supposed to reduce the impact of the blast, have shown that the opposite is the case. Commenting on some of the findings contained in the AEC book, George Bain, Washington correspondent of the Toronto Globe and Mail, says this undoubtedly means that nuclear tests ‘may be more difficult to hide than U.S. negotiators previously have been prepared to ac- cept.” CIRCULATION ROUNDUP: Important role for PT in Federal elections By HAROLD PRITCHETT Circulation Manager Many thanks and our hear- tiest congratulations to all those good friends and sup- porters who made the sus- taining drive a huge success. By the time you read this, the few dollars needed to reach our objective of $18,- 000 will be in. The cam- paign was for. mea great exper- ience . going out on : the highways and byways ; once again, as we did in building the I.W.A. and the Lumberwork- ers Union before it . . . renew- ing old acquaintances and making new ones. We have a vast family of readers and supporters, and our big problem, of course, is to make our family grow while there is still time. World peace and national survival is the most import- ant issue in the history of our country. We need no further proof of the vital role our PT plays in this crucial strug- gle and the high political regard in which our paper is held by our people, when in the short period of two months the continued publi- cation of our paper is guar- anteed for another year. May 25, 1962—PACIFIC TRIBUNE—Page 11 The big question we must now ask ourselves is: How can we use our paper to an advantage in the great battle of ideas? The only answer we can come to is: We must get the PT into the hands of more and more readers. Our experience shows us that in selling the PT outside union meetings and confer- ences, on the docks, at fac- tory and mill gates, on the streets or in the beer parlors, resistance is lessening and acceptance of our paper is growing. The federal election cam- paign is a point in question. The capitalist politicians, with ample slush funds and with full access to all media of propaganda, carefull y avoid discussing the real issues affecting the people, and in many instances the NDP leadership is no excep- tion. But the Communist candi- dates, Tom McEwen, Bill Ste- wart and Mark Mosher, face a virtual blackout of the capi- talist-controlled media of pro- paganda. Here’s where the PT plays an important role in helping the progressive forces to bring before the people the real issues in this important election. The only conclusion we can draw is — Readers! and more Readers for our paper! Order a bundle now for’ your next election rally.