S A OL’ BILL ~SHORT JABS. < aes impending fall of Shanghai which may take place in a few days, a few weeks, or a month or two, and that is a short time in a war that has been going on now for over 20 years, ever since Chiang Kai-shek seized power from the Chinese people (with the help of foreign imperalists), will be a major defeat for the American aggressors. It will be a set-back to the Wall Street warmongers’ expansionist plans. It will erect a barrier beyond which they can advance no farther in Asia and will give encouragement to all thos other peoples over whom they would extend their domination. Aside from the barrier against them in Europe —the Soviet Union, they are now meeting with- minor set-backs, the latest of which is the compul- sion to eat crow over the Berlin situation and the compulsory withdrawal of the arrogant military bully General Lucius Clay from the dictatorship he was building up in Germany contrary to the Yalta and Potsdam agreements. That of course, is a victory over the Wallstreeters, but small in comparison to the political significance of the fall of Shanghai to the Chinese Liberation Armies. Because of Chiang Kai-shek’s treason to the Chinese people, Wall Street thought it had its j advance positions well established in Shanghai for the economic con- quest of China, and Chiang and the Kuomintang thought they had everything sewed up! They sold China’s silver reserve to the American imperialists, and they went further in the treaty signed at Nanking on November 4, 1946, and pawned the whole of China's industry and commerce for U.S. military aid against the Communists, practically granting them the same extraterritorial rights the Chinese people have been trying to get rid ‘of since 1912. Under this treaty, U.S. Many U.S. companies ‘have already taken advantage of the Nanking treaty and think they are securely established for the ex- ploitation of the Chinese people. Standard Oil and Texaco (oil for the lamps of China, you know) have widespread ‘sales organiza- tions. The Nationa} City and Chase National banks and the Ameri- can Express Company have many branches. American capital is mostly behind the British-American Tobacco Company which is or thinks it is, getting-in on the ground floor. The Shanghai Telephone Company and the Shanghai Power Company are both owned by American capital. Westinghouse Electric and the General Cable Corporation are proposing. to construct a large number of plants in China. Dupont plans to establish “fertilizer” plants. Other outfits s€cured rights from Chiang Kai-shek to build steel mills and so on. borne trade on the rivers, coastal and export for American shipping. And when Shanghai falls they will suffer a great disappointment. Chiang will be unable to deliver any of the things he sold them. if they want any concessions from China they will have to make new agreements with the Chinese people and they will have to make them on the terms that were outlined by Mao Tse-tung in ,his speech at the seventh national congress of the Communist Party of China at Yenan in April, 1945, on the Communist program for Post-war democratic China. First, the extirpation of fascism and militarism in China and the conditions that cause them—“Civil war must not be allowed to recur.” The Kuomintang dictatorship must be abolished and supplanted immediately by a provisional democratic coalition gov- ernment to be succeeded later by a regular coalition government which will be established through free unrestricted elections. “In In that China the arrogant imperialist overlords, if they show up at all, will have their wings clipped. Never again will the American General Wedemeyer insult the memory of his Marxist grandfather by announcing to the Chinese communists, “if you dare to resist, we will wipe you out!” : Our ‘efforts to stop the warlords must be intensified. By that means we will help to win the battle of Shanghai. For we too, have a stake in the Chinese revolution. ~ , eet For Summer Comfort $7.00 2: te 1 SHARKSKIN SLACKS SHARKSKIN Sizes 32-36 Only Pleats, Zipper, All New Shades Sizes 36-44, Slash Pockets, Zipper, . Blue, Green, Brown. POSTAGE PREPAID : ON MAIL 45 East Hastings ORDERS Vancouver, B.C. trading policies to the demands of the Marshall Plan have combined to produce a crisis in the Domi- nion’s foreign trade picture. Howe’s $25 million “election” deal can hardly begin to meet @ situation which shows a de- cline for the one month of March 1949 of $20 million. Canadian dependence on British contracts and the role of Britajn as a key impotter of Canadian products have been vitally affect- ed by Britain increasing its im- ports from the USSR, Poland, Hun- gary and Denmark, Last year British imports from Canada fell by $67,000,000, while they increased by $79,000,000 from the USSR, by $30,000,000 from Po- land, by $61,000,000° from Denmark and by $15,000,000 from Hungary. Three years ago 23 out of 143, contracts negotiated with Britain for sale of agricultural products, lumber, metals, tobacco, were in effect. Today, in. addition to the wheat contract, there are only three left: bacon, cheese and eggs. They expire at the end of this year. Even these contracts or arrange- ments have an uneasy future, un- der permanent threat of being de- clared surplus products in the U.S., thus not qualifying for ECA funds, under ERP. * * * In April, 1949, the net total of ERP authorization for purchases of Canada was only $11,507,000. This low figure contrasts with an. average monthly rate of $58,000,- 000 through the year. “The drop *to approximately one-fifth of the earlier rate,” states one Washington dispatch, “sharply emphasizes the trend to. ward concentration of ERP buy- ing in the U.S, and the stoppage of ‘offshore’ procurement from which Canada drew $699,000,000 in the year ending March 31. “The new rate would indicate Marshall Plan expenditure of not more than $150,000,000 in the Do- minion in this second year of the four-year program, or the loss of upwards of half-a-billion dollars in U.S. financing.” This dangerous trend is mak- ing staid journals in big business circles backtrack on the hitherto blissful predictions about ERP. They now speak of ERP as “boomeranging” and the evil of “pegging our prosperity to ERP.” The suggestion a few months ago that wheat would be declared “surplus” is pg constant threat hanging over the heads of Cana- dian farmers. So far ERP author- ities have been able to resist the U.S. farm bloc pressure to declare surplus and ineligible to ECA fi- nancing. To show how much of the Canadian trade picture is af- fected by Marshall Plan dollars, here are some facts: At the end of January, 1949, total] exports from Canada to all coun- tries participating in ERP were $820,000,000. Of this, between $490,000,000 and $671,000,000 were financed under ERP. Much more tually delivered by the end of January were ERP-financed. man, “There is more than a little worry about the future of Can- =) ada’s earnings through ERP.” Election bribe to B.C. conceals trade crisis this product as well as others |’ than half of Canadian exports ac-|, According to .one Ottawa news- By MARK FRANK in Dominion election — —TORONTO | Recent nomination of Charles McGregor Stewart to contest Van - couver East rinding brought to 17 the total of LPP candidates now § in the federal election contest. Of the 17 candidates named by the Labor-Progressive party, seven are in Ontario, three in British Columbia two each in Quebec, Saskatchewan and Alberta, and one in Manitoba. BEN SWANKEY (Edmonton ‘Only in the Maritime provinces East, Alta.) and Newfoundland has the LPP We ; ARTHUR ROBERTS (BC entered no candidates as yet. River, Alta.) Full list of LPP candidates now BILL BEECHING, (Regina, stands as follows: Sask.) TIM BUCK (Toronto-Trinity, ALVIN JOHNSON (Fort Wil- Ont.) liam, Ont.) HARRY BINDER (Montreal- RAY STEVENSON, (Timmins, Cartier, Que.) Ont.) we JOSEPH ZUKEN _ (Winnipeg- Saas ane (Essex North) TOM McEWEN Richmond, B.C.) STANLEY RYERSON (Went worth, Hamilton, Ont.) PETER DUNLOP (Hamilton East, Ont.) : MEL DOIG (Welland, Ont) PHILIP RICHER (Ste. Mari@— Montreal, Que.) TAM LD WALTER SCHMIDT PRLVTERY | HAVE BEEN ON THE PICKET LINE AROUND THE (Burnaby- MAURICE RUSH (Vancouver Center, B.C.) CHARLES STEWART (Van-- couver East, B.C.) FOR 32 MONTHS “Until I was forced on the picket line by the Southam Co. in June, 1946. I had worked in the composing room of the Daily Province for 28 years. “I contributed my fair share to the building of the Province, and I worked there long before the Southams of Montreal moved into Vancouver with their millions and bought the paper. There never was any trouble until the Southams took over. “Southams rewardeg my lifetime of service with 32 months on the picket line, obtained a court injunction, SU members of my union for damages in the Supreme Cou and imported individuals from all over Canada to take my job, y enc Still on the picket line with ‘my fellow LU: Printers. We will be there until the Southam Co. will abandon its union-wrecking Policy and sit around the coR- ference table in 800d faith,” | ASK YOUR SUPPORT } ’ —OTTAWA © Held out as a political bribe to the provinces of British Columbia and Nova Scotia, facing the sharpest immediate impact of Canada's foreign trade crisis, Trade Minister C. D. Howe's recent a nouncement of a $25,000,000 export deal with Britain is interpreted here as a mere surface scratching: | Canada’s refusal to embark on a system of “trade with the New Democracies, and subordination of he LPP has 17 candidates DAILY PROVINCE | _ PACIFIC TRIBUNE — MAY 20, 1949 — PAGHES,