Party of Canada: ing Canadian sovereignty. a ‘WORLD SCENE NORTHERN IRISH FIGHT BRITISH ARMY BELFAST — The British Tory Government is throwing more troops into Northern Ireland this week to hold this northern half of Ireland in subjection after popular demonstrations and barricade battles with British soldiers and local reactionary forces last week- end left six dead and hundreds wounded. The demonstrations began when the Northern Ireland Court of Appeals rejected Bernadette Devlin’s appeal against a six-month jail:sentence. Miss Devlin, 23, youngest member of the British Par- liament, was re-elected to her Mid-Ulster seat in the recent general election by a 6,000-vote margin. The jail sentence, for ‘incitement to riot,” was passed on her for allegedly throwing a rock at British ‘ police and troops in last year’s civil rights struggle in Derry, North- ern Ireland. The British and their North Ireland satellite authorities issued an order to the more than 11,000 soldiers already brought from Eng- land to “shoot on sight” anybody suspected of carrying arms. PEACE COUNCIL CALLS FOR SOLIDARITY ACTIONS HELSINKI — The World Council of Peace has called on all or- ganizations and individuals opposing the U.S. aggression in Indo- china. The 1954 Geneva Agreements were signed on July 20, 1964. PROPOSE EARLY EUROPEAN CONFERENCE BUDAPEST — The foreign ministers of the socialist countries that are members of the Warsaw Treaty organization have proposed to Western governments the early convocation of a European secur- ity conference to which the United States and Canada would also be invited. The proposal woud bring together the socialist and capi- talist states of Europe (including the two Germanys) to cooperate for the maintenance of peace in Europe and reduction of arm- aments. The Finnish Government has already suggested that the talks be held at Helsinki. The memorandum of the Warsaw Pact countries proposes the following itefhs for the conference agenda: the establishment of security in Europe and the renunciation of force or the threat of using force in relations between the Eu- ropean countries; w the establishment of an organization of these countries to deal with European security and cooperation. UNITED STATES BASES THREATEN SPAIN PARIS — “U.S. military bases are a serious threat to Spain’s security,” the Central Committee of the Communist Party of Spain declares in the paper Mundo Obrero, calling for intensification of the struggle against the extension of the U.S.-Spain bases agree- ment. JAPANESE DENOUNCE U.S. WAR TREATY TOKYO — Hundreds of thousands of Japanese — Police say 740,000 — demonstrated last week against the government’s inten- tion to renew its security treaty with the United Sates. The 10-year treay expired June 23. It was the largest anti-government demon- stration ever staged in Japan. Daytime demonstrations here drew 300,000 persons and another 80,000 assembled in the old Imperial - parade grounds at night to denounce the treaty. Police attacked the demonstrators with clubs and tear gas. Battles developed for control of the key railroad tracks near Tokyo and fights went on even near the British Embassy close by the Imperial Palace where t > ee rie Ch DEA) Emperor Hirohito lives.“ PACIFIC TRIBUNE FRIDAY, JULY 3; 1970-—/Page*to 2 Fellow Canadians! On this Canada Day 1970 the unity of the interests of the working people and the nation were never more vital and clear. Full employment, rising standards of living, the development of Canada’s rich natural resources under Canadian control, and a foreign policy of peace—all de- mand a new offensive for Canadian independence. New grave dangers face working people and darken the future of our youth. The Trudeau Government is combining its attack on the labor movement and its policy of creating unemployment with the criminal betrayal of Canada’s vast energy resources to the United States monopoly interests. Trudeau negotiates deals with U.S. investors and industrial- ists for Canada’s natural resources while trying to cover up his sell-out policy of continentalism with sham talk of defend- The labor and farm movements and all working people must unite in a political struggle to save Canada’s energy resources. The indispensable factor in creating new industries, new jobs, UULUUERUUEAGUUEUEEOUEQUEEUEEOUAUEUEEUUEEEAEEELCUCLEUCCEEEEEUETOCUTOTEECEEOUCCTEESS ELECT OUT E TOOT EEOE AOC EOE resources. Storm signals in U.S. Stock Exchange rumbling’) By V. MOREV It was not only in the U.S.A. that Nixon’s speech on the state of American economy was eag- erly awaited. As the President did not fail to stress in ‘his speech, the U.S. economic organ- ism influences many capitalist countries. From half-admissions to half- measures — such was the.road covered by Americans together with their President during the 15 minutes they spent in front of the TV screen. Nixon admits that in the United’ States. joblessness — is growing, inflation is going on and profits are shrinking. Shares have gone down considerably and the rate of bank credit has become very high. No figures were listed in the speech, but all Americans know them. News- papers are full of figures. By May, 4 million people (5% of ‘the total American workforce) had lost their jobs. Among the black population, unemployment has reached 8.7%. Economists spread their hands at the sight of a rare phenomenon: the cur- tailment of production is attend- ed by ceaseless inflation. The. rise in prices corresponds to the annual level of inflation—7%. In the offices of industrial and other companies sentiments dif- fer. Some have managed to pre- serve the level of profits. and ~even raise it. Such is the case with Rockefeller’s Standard Oil of New Jersey. Taken by and large, profits fell» by 13% last May, compared with 1969 (in April they dropped by 11%). Stock Exchange At the Stock Exchange, hay- ing hit the bottom (the Dow- Jones index was 631, against 985 recorded on Dec. 3, 1968) and depreciated the shares by ee AUALOEOGOAGEDEGAUALEANAUANOOLEDNOOUONONDLGEDAQOEREDEDEDEDOUOUGUGEOASUDRODUGEODDAEOGEEGROEGOUENGEGUGROEGEGOUGUIDONOUGEOEDEGEOOROUGEDOCORGEOEGODOCOUGUQEOEGNOONOEOUDNOEOOQQORUEQENEUQOQDOUGUOCOOUONORODOUDEDEAUNONGUGEOEQOUONOCQEOEOcIOOUCOUOUOAESOOODE , CANADIANS—CLAIM OUR HERITAGE! The Tribune has received the following Canada Day State- ment of the Central Executive Committee of the Communist and overcoming underdevelopment is the east-west develop- ment under public ownership of Canada’s vast energy The stakes are high. A victory for Canadian independence — in resources development is both essential and possible at this time in the interests of independence and world peace. Con tinentalism in our resources policy means to still further tie 2 Canada to the U.S. military-industrial complex and its policy 2 of imperialist aggression in Indochina. Independence means to reclaim all of Canada’s natural resources, to build new industries and to create jobs. This call be done through public ownership, a curb on the monopolies, and a vast increase in public investment and the expansion 0 both domestic and foreign markets. ‘Independence means to stop selling arms to the U.S. for us¢ in Indochina. For full employment! For Canadian Independence! Fight for an east-west power grid, public ownership and develop- ment of Canada’s rich resources, a new foreign policy of peace. Parliament must act to condemn Nixon’s war in Indochina. 280,000 million dollars, the rates somewhat rose and the losses dropped to 228,000 million dol- lars. However, at this point the soaring, which had just begun, stopped short. “Bears’’ (brokers gambling on lowering of rates of exchange) are still bossing the show on the exchange. “Bulls” (gambling on the increase of rates) have not been seen here for a year and a half. Within the same period the price of seats on the Stock Exchange has dropped by over 30% and many broker firms on Wall Street have stopped their operations. Official quarters are calling for optimism and calmness. In reply to these appeals one big stock broker gloomily quipped: “I sleep like a child, waking up every hour and starting to cry.” Both the President and Ame- rican economists give a wide berth to words like “slump”, “recession”, etc. Paul W. Mc- Cracken, chairman of the Presi- dent’s Council of Advisers, has gone as far as coining the term “economic retreat”, yet it does not alter the nature of the phe- nomenon. In any case, the in- vention of the new term does not help the four million unem- ployed. “Cure” Is No Help In his speech the President struck a justifying note. The fact is that the increased credit rate has come as a result of a cal- fecting private banks through the federal reserve Nixon said that such a policy restricted inflation and prevent- ed the economy from getting into the ‘mincer’.. But many businessmen believe that if this is to be taken as a remedy, then the remedy has proved practic- ally more dangerous than the disease. STAMP OUT INJUNCTIONS _ the American economy 15 system. — idea of controlling prices, “_ nif was subject to lively disC¥P ti | in Washington over the p49" jt ‘ected weeks, has been rejecté cain! right. : ‘| if