FRIDAY, JANUARY 16, 1970 VOL. 31, NO. 3 Placards carried in the demonstration at B.C. Hydro Monday | ommunists protest hydro hike “Good for you. . . Keep it up - . . We’re with you.” shouted a Carload of young people as they drove by the B.C. Hydro building on Burrard Monday and saw about 40 members of the Com- munist. Party picketing the building to protest the rate hike - announced last week. € reaction of these young People was typical of hundreds of Motorists who drove by and saw the men, women and youth with Placards reading: “Stop the Hydro Boost,” “Bus Fares Too igh Now!” and “Boost Shrum to Kingdom come!” ne sign carried by an old age Pensioner said: ‘‘Bus Fare Boost its Pensioners and Students.” Another said that “B.C. Hydro Rates Are Highest In Canada.”’ Sponsored by the Vancouver Ommittee of the Communist _ ‘arty, the impressive demon- _~ Stration was the opening shot of a campaign by the Party to fight the proposed hydro and bus hike. A leaflet handed out to the public headed, ‘‘Stop the Boost in Hydro and Bus Rates,” charged that B.C. Hydro rates are already the highest and that an increase cannot be justified. It compared the rates for major Canadian cities and showed Vancouvers’ rates far ahead of all of them — about fifty percent higher than Toronto and nnipeg. ec er leaflet said: “The source of the problem is cheap concessions to U.S. interests; high interest rates arising out of the horrendous ~ waste of U.S. aggression in Vietnam flowing over into Canada, and the estimated $200 million costs in excess of payments from_ the U.S. for building Columbia River dams for U.S. benefit.” Charging that B.C. Hydro profits have risen from $7,500,000 in 1966 to $9,300,000 in 1969, the leaflet said that wages con- stitute ‘“‘only a very small part of increased operational costs’’ and pointed out that while recent wage increases will cost about $6 million, Hydro stands to increase revenues to $43,428,975 by the 15 percent boost. Pointing out that present rates have strongly favored industrial and commercial users against residential consumers, the leaflet says: ““B.C. Hydro’s elec- trical and gas distribution is a lucrative business. Oppose the increase. Write your MLA. Make your voice heard.” The Vancouver protest demon- stration was the opening shot in a province-wide campaign launched by the Communist Party to oppose the hydro and -bus fare increase. On Tuesday | AVOR MONOPOLIES Make industry pay higher power rates By MAURICE RUSH Residential users of hydro in B.C. have been paying the highest rates in Canada to subsidize low rates for big industrial and commercial enterprises. Now B.C. Hydro wants to boost rates to the public so that it can continue to provide cheap power to the monopolies, while the public is forced to subsidize them. There is no hint in Dr. Gordon Shrum’s recent announcement to suggest that either he or the Socred government intend to change the present unfair rate schedule which heavily favors big business. This week the Trade Union Research Buro in Vancouver released a study of B.C. Hydro’s annual report which bears out the charges made above. It shows that big business, which uses large blocks of our power, , pays substantially less for it than residential users. Not only have foreign and dom- estic monopolies in ° B.C. enjoyed exceptionally low hydro rates, but in recent years the charge to residential users has gone up sharply while the Nigel Morgan, B.C. leader of the Communist Party wrote Premier W.A.C. _ Bennett condemning the boost. The letter says that projected increase cannot be justified and we urge your government to take effective measures to disallow it: we urge a complete review of the rate structure of hydro and gas, and extension of the policy of subsidizing transit as an essen- tial public service.”’ DOCTOR CONDEMNS ATROCITIES IN VIETNAM —See page 2— “the amount. these companies pay has declined considerably. Incredible as it seems, in a period in which B.C. Hydro is crying over the terrible state of the publicly-owned system, here are the facts: . The average price per killo- wat hour for residential consumers has increased from 1.49¢ kwh in March 1966 to 1.68¢ in March 1969, or a 12.8 percent: increase. ~On the other hand, com- mercial and industrial consumers have had their average rate drop in the same period from 1.12¢ per kwh to 1,04, or a 7.14 percent decrease. The above figures illustrate one of the major reasons for the present bid to hike prices. B.C. Hydro wants higher rates on resi- dential users so that it can continue the trend to lower hydro rates for the big monopolies. | Debunking the charge by Dr. Shrum that higher wage costs were responsible for the finan- cial plight of Hydro, the Research Buro says that “increased revenues will: account for $43 million, while the payroll will increase only $6 million. Where will the extra $37 million go? A good guess is to pay for borrowed money.”’ “Interest charges for the year ending March 31, 1968 were $53,233,932. A year later they had - jumped $10,461,924 to the huge figure of $63,695,856. (By way of comparison, the total wage bill _was $49,619,222).”” The Research -Buro charges that ‘‘one of the main reasons for borrowing money was to build The Columbia River dams to store water to produce electricity in the United States The most conservative estimates of the net capital cost - See HYDRO RATES, pg. 12