Rich man’s war budget

says Buck, commenting

on Abbott's policies

TORONTO

The federal budget brought down last week by Finance Minister Douglas Abbott is “a rich

man’s war budget,” declares Tim Buck, national leader of the Labor-Progressive

commenting on Abbott’s budget

speech released here.

party, in a statement

Noting that the budget does not include anything for health insurance, low rental housing or
social security, Buck outlines the Labor-Progressive party’s fight for a budget based on the people’s

interest which ‘would:

V_ Tax excess profits 100 per-
cent. :

V_ Increase corporation taxes.

V_ Impose a capital gains tax.

V_ Abolish the sales tax.

V Raise tax exemptions to

$2,000 for single persons and $3,-
000 for married men.

V Provide for a National
Health Plan.

FRANK CALDER, MLA

Calder raps

: _ proposed

Yukon dam

VICTORIA, B.C.
Opposition to any power devel-
opment in the Atlin area of. north-
ern B.C. which would make his
constituency a flooded backyard for
an Alaskan industry is expressed
here by Frank Calder (CCF, Atlin).
In a press statement commenting
on the Bennett government’s grant-
ing permission to the Frobisher
mining interests to survey the Yuk-
on River system with a view to
damming Miles Canyon, Calder
said that “B.C. must be careful to
see that any development of north-
ern water power will aid in pro-
vincial development and not solely
be the utilization of our water
power for establishing industry out-
side our borders.” .
“The legislature should have
the sole right to pass on any con-
tract proposed to be entered into
by the government in order that
the people’s representatives may
have the final say as to terms,”
Calder declared. “Only in this
way can there by a guarantee of
full protection of the people’s
equity in their resources.”
Pointing out that a dam at Miles
Canyon would mean the flooding of
Carcross, Y.T., parts of the new
road from Atlin to the Alaska High-
way and possibly Atlin itself, Cal-
- der said that he welcomed any sur-
vey of the great potential resources
of the area, but must reserve judge-
ment on the present scheme until
the terms of any proposed contract
‘were made public.

V_ Increase Old Age Pensions
to $60. :

V_ Raise Family Allowances
and Unemployment Insurance
benefits by 50 percent.

V_ Provide for a housing pro-
gram. ;

Full text of Buck’s
follows:

Finance Minister Abbott’s budget
is taking money from your pocket
and mine and putting it into the
pockets of the rich. His maxim is:

statement

To him that hath we shall give

more; from him that hath not we
shall take away. :

Abbott has reduced corpora-
tion taxes by $136 million right
at a time when their profits are
the highest in our entire history.
He stressed that for years he had
been concerned over ways to re-
_ duce taxes on corporation pro-
fits.

His budget is a bid to strengthen
the St. Laurent government’s ties
with monopoly. There is rejoicing
on Bay and St. James streets and
down on Wall Street over Abbott’s
rich man’s war budget.

Abbott’s 5% percent reduction
in income ,tax means a substantial
gift to the high income _ bracket
minority, but almost nothing to the
average wage salary earner and
farmer. Abbott concedes four cents
on a pack of cigarettes and the
radio license of $2.50, a total of
about $16 million. Compare this
to the $136 million budget gift to
the corporations!

His budget of $4% billion is
the highest ever. Half of it will
be wasted in war. He admits
that this war policy which is
Made-in-USA will cost every man,
woman and child $150 this year,
but not a cent does he include
foy health insurance, low rental
housing and social security.

This budget is a diabolical result
of the U.S.-instigated war policy
that Abbott stands for. It is a
trickster’s budget, designed to en-
rich the rich and snare votes for
the Liberal party in a federal elec-
tion.

The LPP will expose it. The LPP
program is the people’s alternative
of social welfare, Canadian inde-
pendence and peace.

The LPP fights for the people’s
interests which demand a national
budget that will slice down the
over $2 billion now being diverted
to war and while allotting adequate
monies for national defense to
make the budget serve the people’s
social needs,

We would tax excess profits 100
percent, raise corporation taxes,
tax capital gains, and reduce the
taxes on the people by abolishing!
the sales tax, and by raising the
exemptions to $2,000 for single
persons and $3,000 for married
men. .

We would revamp the budget to
give the people the National Health
Plan, $60 Old Age Pensions, hous-
ing program, the educational and
recreational projects demanded by
young and old. We would raise
the Family Allowances and unem-
ployment insurance benefits by 50
percent. These are the things the
Canadian people want from their
national budget. This is the issue
of the federal election.

Moore suggests
Bennett go on
trade mission

. . VICTORIA, B.C.

Because falling foreign mark-
etc “is one of the most import-
and problems facing B.C. today,”
William C. Moore, (CCF, Co-
mox) suggested in the legis-
lature last week that Premier W.
A. C. Bennett should himself
undertake a trade mission to
Britain. He urged the signing of
barter agreements with countries
short of dollars.

“When we hear from all quar-
ters of the unemployment due al-
ment entirely to lack of markets
for such primary products as
fish, lumber and fruit, one can-
not help but be concerned with
the inevitable outcome of such a
regressive trend,” said Moore.

He pointed out that in his own
riding the big Elk River Timber
Company has shut down.

a

ork Times

, FEBRUARY 14, 1953.

PLEA ONE

POPE ADE APPEAL
TO AID ROSENBERGS

OF ERO

Government for

Romano,

Here’s New York Times’ report

By ARNALDO CORTESI
Special to THE NEW York TIMES.

ROME, Feb. 13—Pope Pius XII
appealed to the United States

{Rosenberg atomic spy case, the)
Vatican newspaper Osservatorel
revealed today.

clemency in the

L’Osser:

This front page New York Times report from Rome
dispels the attempt to cast doubt i
Eisenhower on behalf of Ethel and Julius Rosenberg. :

ffectivelY

‘

= ; mn
on Pope Pius’ appeal to Presi€”

tion of
for direct aid

The new 10
as the first step in
resources, ‘according to Finance
Minister Einar Gunderson, The
province will negotiate with the
federal government for powers to
levy a tax on processing of natural
resources as well as their primary
extraction, —

The resources profits tax, pro-
viding as it does, a $25,000 ex-
emption, will come mostly from the
lush profits of Macmillan-Bloedel
and others of the Big Five in lum-
ber as well as the giant Consoli-
dated (Mining and Smelting Com-
pany. But, it should be noted,
half the $2 million the tax is ex-
pected to produce will come from:
federal government coffers in the
form of a smaller income tax pay-
ment by operators. And what pro-
vincial Finance Minister Gunder-
son will take away, federal Finance
Minister Abbott will more than re-
turn in corporation tax cuts pro-
posed in the federal budget,

The new education formula ab-
olishes the grant to municipalities
of one-third of sales tax proceeds
and replaces it with a grant of
equal or greater size directly ear-
marked for school costs. This will
provide relief in the smaller and
rural municipalities from what has
been a crushing burden of school
taxation. i

Part of Gunderson’s speech was
devoted to a review |of economic
conditions and a forecast for the
coming year. He predicted a “re-
lative” high level of employment

but admitted that 1952 saw de-

a campaign toward

Logging, mining profits tax
highlight of Social Credit
government's first budge

Highlights of the Bennett government's first budget, brought down last week, were inth
new taxes on companies exploiting British Columbia’s natural resources and an altered 10%
to municipalities towards meeting school costs. :
percent resources tax on the profits of logging and mining companies *t
s obtaining a greater return for use of irreplaceable ®

{3

VICTORIA, 40

ve

is regarded

creases in the value of production
in all B.C. basic industries except
agriculture.

The export picture, he said,
was “not as bright as it might
be,” but he gave no indication
that the Social Credit government
plans to press Ottawa for a poli-
cy change which would open new
markets to B.C. exporting indus-
tries.

In fact, the long established
post of B.C. trade commissioner
is one of those to fall under the
“economy” axe.

The note of anxiety about future
economic development is underlin-
ed by the conservative estimates
of increases in provincial revenue.
The budget provides for only a
surplus of some $7 million for 1958-
4, as compared with a $20 million
revenue surplus for the past fiscal
year. No significant increases in
any of the big revenue sources—
liquor and gasoline taxes, motor

| vehicle licenses and sales tax—and

a drop in return from timber leases
and sales, are forecast.

Yet the ‘government’s entire
Ray-as-you-go policy for financ-
ing capital construction is depen-
dent on a continued high level
of provincial income and could
be wiped out by the present trend
to falling export sales.

* * *

Opening the debate on the bud-
get, CCF Opposition Leader Harold
Winch characterized it as “meticu-

PACIFIC TRIBUNE — FEBRUARY 27, 1953 — PAGE

‘| ductions in the estimate

lously orthodox.” the
claim that it would meet ,
proval of conservative finan:

eC

Commenting on the general hey
nomic forecast in the ee {0
assailed the lack of any Pritis? i
open up sterling markets. t?, ee
Columbia’s surplus producti?

et.
Winch expressed: “great eno)
that neither the throne spect f
the budget speech nor @Y iy
policy statements of cabine
ters had mentioned any
ments to the Workmen’s

duty,” he contended it
charges that the gover
anti-labor.

The credit balance of $8 ane
in BCHIS of which the 80V0" 4 ar
boasted, was, he said, the oS
gument for abolishing the
day co-insurance. fault

The COF leader found little” je
with the budget in gene?" | ow
welcomed the resources ta*s soci
ing it was “stolen” from te
ist program and confined rag at
cisms in the main to 4 os wil Oy
called “false’ economy.” , an
the examples he cited weT® ind of
public health services, ee
funds for Pro-Rec, aint
grants to the public libra

y . an
Vancouver and Victorias

tailment of reforestation Pr

»