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PT EXPOSES EMPLOYERS’ PLOT

- Monopolies sharpen axe
for new attack on labor

In the Birks building .. .

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= Behind this door...

Big business plots against labor

and public.

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Make race hate a crime
urged by Ottawa probe

A special Parliamentary Committee headed by Dean Maxwell
Cohen of McGill University, this week tabled a special report in
Parliament urging that those guilty of hate. propaganda be jailed
for terms up to five years,

The committee was set up by Parliament after strong nation-
Wide protests against the distribution of race hate literature in
Canada. Under the committee’s recommendations, anyone’ advo-
cating or promoting: annihiliation of a race of people would be
8uilty of a crime,

The committee also advocates that the Criminal Code be amended
to prohibit “incitement to hatred or contempt” of racial groups and
States that the situation in Canada is serious enough to require
legislative action,

By MAURICE RUSH

Thirty rich corporations, representing the top layer of big business in B.C.,
have banded themselves together to do a hatchet job on labor this year. Their
first objective is to block the unions from winning badly-needed gains this
year. But their long-range aim is to act as a ‘thigh command” for powerful
B.C. and U.S. financial interests to influence every level of government. This
big-business conspiracy is a threat to labor and the public. >

Hiding behind the innocent- .
sounding name: ‘*Commercial
& Industrial Research Founda-
tion” (CIRF), with offices at Room
320 in the Birks Building, the
men who set up this organization
and hold the key posts on its
Board of Governors, are on the
top rung of the financial ladder
in B,C. :

Here are their names and some
of the companies they represent;

@J.E, Richardson, chairman of
CIRF’s Board of Governors, is
president of B.C. Telephone, an
outright U.S.-owned monopoly,
He is also a director of the Im-
perial Bank of Commerce, the
Commercial Life Assurance Co.,
and Halifax Insurance Co,

®J.V, Clyne, chairman of Mc-
Millan-Bloedel & Powell River
is a member of the Board of
Governors of CIRF, Clyne not
only heads the biggest forest
monopoly in B.C., but is either
on the advisory board or adirec-
tor of the Canadian Imperial Bank
of Commerce, the Huronand Erie
Mortgage Corp., Canadian Pa-
cific Railway and the Canada
Trust Company. .

®G.D.H. Hobbs, who was pro- ~

tem chairman of CIRF while it
was being set up, is president
of Vancouver Rolling Mills Ltd.,
and a director of Johnston Term-
inals and Storage, Royal General
Insurance Co,, of Canada, Straits
Towing Ltd,, just to name a few,

®Frank H, Brown, financier,
He is an Official of Fidelity
Life Assurance Co,, White Pass
and Yukon, Pacific Coast Fire
Insurance Co,, Canadian Vickers
Ltd., Scott Misener Steamships,
MeMillan-Bloedel & Powell
River, Neon Products of Canada
Ltd., Western Canada Steel Ltd.,
Yorkshire Corporation, National
Trust Co,, and others,

®Murray Brink, chairman and
president of Johnson Terminal
and Storage, who also holds high
posts in Hudson’s Logging Co,,'
Pederson Electrical Construc-
tion, Westminster Securities, Al-
lied Van Lines, Ltd., and Ever-
green Holdings Ltd,

®Ed Benson, | vice-president
and general manager of Pacific
Press and ex-personnel manager
for the Consolidated Mining and
Smelting Co,, at Trail,

EXCLUSIVE

®@Other top men in the B.C,
business world on the board of
CIRF are J.H, Saler, vice-presi-
dent of the Consolidated Mining
and Smelting Co., with many
holdings in other big mines in
B.C.; G,B. McLean, president
and managing director of Stand-
ard Oil of B,C, and a director of
Trans Mountain Oil Pipelines
Ltd.; and G.R, Dawson.

To give our readers and the
public some idea of the vast
financial power concentrated in
this group, here are the 1964
assets of the major groups
involved in CIRF,

ZG CLL
CMH j
fl

B.C, Telephone, $347,547,439;
C.M.&S., $256,665,000; McM-B
& PT, $439,299,088; Trans
Mountain, $116,241,773; CPR,
$1,988,368,607; Canada Trust,
$161,235,063; Huron & Erie,
$319,236,363; National Trust,
$261,897,706; Canadian Imperial
Bank, $5,503,394,554,

The above group, which in-
cludes only some of the com-
panies represented on CIRF

through their top officials and

directors, has total assets of
nine and a third billion dollars!

Not only in terms of assets
is this concentration of financial
power sinister for B.C., but a
glance at the companies involved
shows that a cross-section of
all B.C, industry is involved,
It also discloses a tie-up between
the. industries, banks, insurance
companies and the press — the
latter in the form of Pacific
Press, the monopoly which ties
together the Max Bell and Sifton
interests in the Vancouver Sun
and Province,

What are the aims of CIRF?
In a recent interview with fin-
ancial columnists in one of Van-

See MONOPOLIES, pg. 3