SES
imence
wkers’ Educational,As- |
will commence its third |
night classes for wor-
week, Claude Donald,.
irector, informed:
Old timers will learn with re-
gret of the death of . David
(Dave) Birnie, whose funeral
took place last Tuesday. In
1932-3, he was secreary of the
Communist party and was ac-
tive in all party activities for
about fifteen years. He took
part in the Winnipeg General
strike, being a streetcar metor-
man there at the time. He was
a veteran of the first World: War
and in the past few years was
unable te play much part in the
labor movement through sickness
resulting from wounds received
in France.
He was born in Aberdeen, Scot-
land, 65 years ago and had been
in B.C. since shortly after the
Winnipeg Strike. He was an en-
thusiastie checker player and had
many friends among the local
checker clubs.
Ato
are the top monopolies, such as
General Electric, General Motors,
| Anaconda, Standard Oil of New
Jersey and Ford.
Most of these investments
were made in connection with
the stabilization of Germany aft-
ter her first defeat, when allied
funds poured into the country
to restore her industrial power.
At the same time, the cartel
most two million of American
arrangements were made be-
tween German, American and
British monopolists which per-
sisted up to the present war and
in part still persist.
BIG BUSINESS AIMS
\. W. JOHNSON
| Columbia Avenue Vancouver, B.C.
LOGGERS — HIKERS
WORK AND DRESS SHOES.
FOR MEN AND BOYS
c Low Overhead Saves Vou Maney
3 — PACIFIC ADVOCATE
American Big Business is in-
terested, of course, not only in
eafeguarding these investments
but in extending its hold over
the German economy. Both aims
demand the rehabilitation of
German big industry and of the
monopolies, in which the Am-
erican magnates seek to in-
crease their share of: control at
the expense of both the German
and British monopolists.
The report of experts seeks to
attain this end. In steel, for ex-
ample, the American experts
have come around to favoring a
yearly production of ten million
tons. This compares with the
omacy
British position favoring _eleven
milion tons, while the Soviet
Union wants steel production re-
duced to three million tons per
year. Although the Anglo-Am-
erican figure is much below the
25,000,000 wartime capacity of
Germany, it is double the Ger-
‘man steel production in 1932,
when Germany consumed only
four milion tons annually and
exported another million and a
half.
The control of the industry is
highly concentrated. The Vere-
inigte Stahlwerke — equivalent
of the U.S. Steel Corp —alone
controls about 40 percent of the
industry. together with the
other leading steel trusts, such
as Krupps and the Hermann
Goering Works, the steel mag-
nates control a whole monopoly
network, including some 70 per-
cent of coal production and most
of the gas supply. They play a
leading role in the cement, elec-
trie power synthetic petroleum,
armament machine motors and
machine-tool industries.
STEEL AND CHEMICALS
The steel trust is also closely
owns a 12 percent interest in
Vereinigte Stahlwerke. Controd-
ling blocks of stock were held by
the Reich government; and this
linked with I. G. Farben, which™
presents the possibility for tak-
ing over the trusts, should any-
one be disposed that way The
steel magnates were also among
the leading supporters of the
Nazi movement, and during the
war, extending their holdings
throughout Europe.
Thus, manipulations are under
way to restore German heavy
industry, which means also the
restoration of the monopoly
structure in Western Germany
and the danger of a resurgent
German imperialism.
Hand in hand with this, there
develops the anti-Soviet bloe
policy, exemplified by De
Gaulle’s appeal for friendship to
Rhineland Germans, the British
“labor” policy of a Western Eur-
opean bloe based on ‘ socialist’
governments, and the Anglo-
American atempt to bolster
psuedo-Nazi and_ reactionary
forces in their German zones.
In the midst of all this, Am-
erican Big Capital, with diplo-
matic support aimed at revers-
ing Potsdam, is in 2 full-scale
struggle to win a dominant posi-
tion in Western Germany and in
a Western European bloc, should
this materialize. This is the
main cause of the present crisis
among the Big Three.
SATURDAY, OCTOBER 27, 1945
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