CANADIAN TRIBUNE,
Editorial
inance Minister Walter Gor-
don brought in legislation
recently directed toward retain-
ing Canadian ownership and con-
trol of Canada’s banks, trust,

loan and insurance companies,’

Foreign investment in a Canadian
company is to be limited to 25
percent of the total sharehold-
ings,

Although this won’t affect any
of the big U,S,-controlled mono-
polies which now own the decisive
sector of this country’s wealth
and resources — andinthis sense
it’s very much a case of“locking
the stable door after the horses
are stolen” — it’s a step in the
right direction, Much now de-
pends on where the government
goes from here: how vigorously
it will enforce the new measures
and whether this will be but one
of many more steps to put further
curbs on the U.S, takeover and
eventually to repatriate Canada’s
economy,

That bold and vigorous policies
will be needed there can be no
doubt, Already even these belated

Interesting reading
in latest Bulletin

The text of Mao Tse-tung’s
interview with Japanese social-
ists on the “intermediate zone”
and territorial questions with a
commentary by Pravda are car-
ried in the current No, 21 In-
formation Bulletin, published by
World Maxist Review,

Also contained in the same
number is a seminar report by
Leonid Ilyichov, secretary of the
C.P.S.U., entitled * Revolutionary
Science and Our Age.” Copies
are available from your favorite
book store,

Walter Gordon's

new measures

mild restrictions on foreign ow-
nership have met with opposition
among some circles of monopoly
and their spokesmen, The Globe
and Mail, for example, has called
them “unreasonable” and “in-
flexible,”

It accuses Mr, Gordon of “ again
using the stick when he should
be using the carrot” and laments
“the damage he may doto foreign
investment,” We can expect these
powerful monopolies. with power-
ful influence in Ottawa will seek
out every possible means to evade
and even sabotage these restric-
tions, ae

Other sections of the capitalist
class, however, have greeted the
proposed measures, Who will win
out in this struggle depends a
great deal on the degree to which
the Canadian people declare and
demonstrate their opposition and
resistance to the mounting U,S,
takeover, :

It will be a difficult and pro-

tracted struggle, against big’

odds, because the big U.S,-con-
trolled monopolies have made big
inroads in our country and are
fighting from positions of con-
siderable strength,

That is why, although the Tri-
bune believes that the only really
effective solution to the problem
‘of the U.S, takeover is the na-

- tior.alization of all major indust-

ries (mainly U.S. controlled)- as’
well as all banking and credit,
we will support any and every
interim measure that puts the
welfare of Canada and Canadians
ahead of the interests of the U.S,
monopolists,

To the extent that Mr, Gordon’s
measures succeed in doing this
we welcome them and hope this
will be followed quickly by many
more like them,

Poster for solidarity with the people of South Africa,

BOYCOTT
SOUTH AFRICAN
GOODS

beware of the label !

| PUBLISHED BY THE INTERNATIONAL UNION OF STUDENTS

Tne above poster of solidarity with the people of South Africa is being distributed
by the International Union of Students. “Beware of the label!" warns the poster.
This warning should be heeded by people in British Columbia. In recent weeks
the South African government has flooded goods into our stores. South African
fruits, including ‘“Outspan” oranges, jams, wines, brandy, etc., are on sale in

many stores, including B.C. government liquor stores.

Big issues face Vancouver —
electors in upcoming vote

By WILLIAM E. STEWART

freeway network for Van-
"a.couver was boosted at the
Queen Elizabeth Theatre last
week when Stanford Researchand
Wilbur Smith and Associates un-
veiled the results of a $50 thous-
and study undertaken for the
Greater Vancouver municipal-
ities and the provincial govern-
ment,

Basically the study upheld the
proposals contained in the “Study
of Highway Planning”, Part 2,
issued in 1959. It envisions two
east-west freeways across the
city to join into the present 401.
Another north-south line to pick
up at an additional First Narrows
crossing and cut across via Ar-
butus to connect with the Deas
Island Freeway. This link would
require new bridge crossings at
False Creek and Annicis Island,

WILLIAM E. STEWART, prominent civic
leader, who this week announced he
will be a candidate for council in Van-
couver.

The east-west connections-
would be along 16th Ave, and Ven-

.ables with the Venables link to

connect with the proposed new
Georgia St. crossing. The pro-
posed new crossing at First Nar-
rows calls for a freeway to be
cut through Stanley Park witha
parallel bridge alongside the ex-
isting one.

Total cost of the package is
estimated at $350 million and it
is proposed that it be undertaken
over a twenty year period at a
cost of $17 million a year. The
recommendations of there-
searchers is that the freeway
system be tied in with a rapid-
transit bus system which would
utilize the freeway system on

special lanes provided for this"

purpose,

The report calculates that by
1985, the period set for the con-
struction of the network,. there
would be 300,000 vehicles a day
entering and leaving the Down-
town Business District. There
were no proposals in the report
for the distribution and handling
of this traffic.

Three questions were upper-
most at the meeting where the
audience was allowed to question
the experts:

(1) Where was the money going
to come from for sucha free-
way system when we could
not find a few million dollars
to subsidize the existing tran-
sit system?

(2) What was the point of build
ing an elaborate freeway sys-
tem to dump more and more

Caron nails Davis over
sellout of resources

B.C. Communist Party provin-
cial organizer Charles Caron this
week replied to a recent letter
of Coast- Capilano M.P. Jack
Davis in which he nailed Davis
for his betrayal of the Columbia
River and water policy,

In his letter which was released
to the press, Caron wrote:

“Dr. Jack Davis M.P. has re-
plied to my previous letter re-
garding his lack of consistency
on the Columbia River Treaty.
He evades the question by a vague
reference to the Gordon Royal
Commission of 1957,

*Dr. Davis should re-read the
Gordon Royal Commission Re-
port, Nowhere in itis there any
suggestion that we lose control of
our resources, In fact, the author,
now Minister of Finance, has in-
troduced legislation aimed at re-
stricting United States monopoly
control over Canadian industry.

“The main issue in the Colum-
bia River Treaty was who should
have control of the river in Can-
ada. General McNaughton made
this very plain, and proved be-
yond shadow of a doubt that the
sanctioning of the High Arrow
and Libby projects would in ac-
tual fact surrender control to the
United States.

*Will Dr. Davis deny that on
February 28, 1963 he wrote the
following in a feature article
in the Vancouver Sun:

“ ‘The High Arrow and Libby

storage projects are ina different
category. They are controvers-
ial. Why not postpone action on
these projects for the time being?
The treaty - a new treaty ph.ras-
ed in terms of principles should
come first. Approval of individual
projects should come next? ,*

“Of course, nothing of the sort
happened. The High Arrow and
Libby projects, both inimical to
the long-run interests of Canada,
were not removed from the
Treaty. Furthermore, there was
no new treaty negotiated, only a
minor protocol, which did not
even have to be submitted to the

U.S. Congress,

“My concern over your propos-
al to divert Canada’s water re-
sources to the United States is
readily explained in the light of
the Columbia River Treaty ex-
perience, :

“I am not alone in my concern
over the future of our water
resources, Mr, Dillon O’Leary
in the Ottawa Times only this
week stated: « There is a growing
body of expert opinion that Otta»
wa must display energetic lead-

ership for a national water con- +

servation scheme.’ Mr. Dillon
proposed a Federal Water Con-
servation Authority be establish-
ed, a measure with which I can
certainly agree. I would add to
this the proposal to define the
terms of reference of such an
authority most clearly: namely
the conservation and utilization
of our water resources in the
interests of Canada.” -

1

f October 16, 1964—PACIFIC TRIBUN

-in the next twenty years.

cars into the central pusines®
district of Vancouver

congest traffic beyond com :

prehension? And what wo!

be the cost to the city 10

accomodate this traffic flow’

(3) Is Stanley Park going at
turned into an asphalt june™

It is expected that the will
question will figure prominet ‘
in the upcoming civic electio®
and along with the bus faré i
crease hearings, still in oe
gress, will provide a lot of
itical fireworks, i

West Enders, and all Me
ouverites, got a further jolt
week when Mayor Rathie told
Downtown Rooming House”
Apartment Operators Asso
tion that the trees in stat
Park would all be chopped @

was justifying plans to runal®
way through the park but m?
observers feel he struck his ham
into a hernets nest with
prognostication,

re
Although the elections if

nearly two months away there

widespread election activity ™ a4

derway in the city:

ce
e@ The N.P.A, which got only i .

of the popular vote last ;
and elected but 3 out

candidates is currently ry ;

to mend its fences an
up with a slate which wil
their cause. :

c
1 nel?

@ A new civic group © be
self the Civic Action AS8°7
tion, (C.A.A.) has cropPe
and is talking about r
Slate. :

@ Marianne Linelle, ine
Alderman: has announce

intention to run for Male ‘hed
ting 3
Tom Alsbury is til rs chal

direction of the Mayor

© Council has decided to P
two proposals before the © '
torate calling for addiné
aldermen to the council to™
the total twelve and 2 prope
to seek a charter ame?

from Victoria to hold ele¢ a of 7. |

every two years inste®
annually,

tio”
© The just concluded conve iy

of the B,C, Federation oie

made a strong pitch
affiliates to get into ¢ i
itics and end the sit¥
trol of almost all mun!
councils in the provinc®

pat

@ The Central Council of let’
payers are staging 4 ~~ aynt
tion banquet on Burnaby nic!

ain on October 24 4 press)

time it is expected thel!
ident Harry Rankin

nounce his candidature? tans
o itsP

Council will announ¢
for the election.

qglling le
ning 2

ont 2
U: re

ot
c po 3

cone
where big business 18 HP io?! :

pathie |

git
Combined, these -elemen ile

cere

dicate a hotly conteste® ip
election which could se, ver
stantial increase inthe?

le voting. oe
people voting a

a0
Unknown as yet is gum

N.P.A. will support 07
Just how this new grouP

will tackle questions © tos Ht

or the calibre of can
will be able to field. af
labor will field any §
dicates, These ques’ . of
be answered in the ©°

the next several vee

Be) ;

tron vil! 3