a

=

fc monopoly nature of capital is illustrated here in |

| gigantic interlocking industrial and financial ma-
| controlling er directing the basic resources of the
fice, upon which the livelihood of British Columbians
a Loggers, hard-rock miners, fishermen, cannery
ts, etc., who may feel that their struggle for-a fuller
: their. particular industry has nothing to do with
| ther fellow’ some times described by the bosses
ae tside influences,” will readily see that there is very
ie eft “ ‘outside’ Of this industrial and financial octopus.
-its tentacles into every major enterprise: and concern
‘fects the lives of the great mass of the people: They
80 learm from the chart that Big Business believes in
na big way.
| plone for the evils of capitalism often revert to
ildish argument, “Well you cannot blame anyone
t is the system.” Well, the “system” consists of
ppeeple with their power and money entrenched
Emeans of life, and doling out that means of life in
i ner beneficial to their own gain and their own class
< oS.
te system” consists of people .. . the Piggsen-
#2:-Krupp kind of magnates that financed Hitler’s rise
prer. The “system’’ consists of people, regardless of

wage increases on the grounds that high wages

'Gnflation’’; that shorter working hours are bad for -

Waorale’ of wage-earners; who oppose union checkoff
sion security under the pretext that they are great
@icrats,’ defending the mght of a worker to belong
-not to belong to a union as he may choose. _
nen, we speak of “monopoly capital” we speak of a
@iration of great wealth in the hands of a few for the
tation and-impoverishment of the many,
'future issues the Pacific Tribune will run a series
f species of “octopus,” showing who owns British
bia, and why a unity, greater even than that in war.
sled by the common people to win the peace.

e

jer labels they may be given in “Who's Who,” who -

The Octopus

Of five oun of the eight companies in which Mr. Macmillan is a di-
rector, their total assets in 1944 were $1,655,313,000, with a net profit in
the same year of $31,282,787. President of B.C. Packers’ Limited and H.
R. Macmillan Export Co. Ltd. Total assets in 1944 were $25,771,000, with
a net profit of $1 555,472

oT

” Compiled By Trade Union Research Bureau — Vancouver — Popeiacy, 1946

AS27326 REGINALD MACMILLAN

DIRECTOR

a

Pe ee ee |

ast Investment Ganadian Bank Dominion Tar & Argus Int. Nickel Co. of B.C. Power \ London & West _ Vancouver
impany Ltd. of Commerce Chemical Co. Ltd. Corporation ~ Canada Ltd. Corporation Ltd. Trust Co. Ltd. , Creosoting Co.
Weal Assets, °44 ‘Total Assets Total Assets, "44 Investment Total Assets, “44 Total Assets, “44 Total Assets, ’44
= ict Known $1,173,000,000 $11,302,000 Company $304,000,000 $123,000,000 $48,511,000
% Profit, 744 Net Profit Net Profit, °44 Capitalized at Net Profit, “44 Net Profit, ’44 Net Profit, *44
= jot Known $2,396,000 $671,500 $4,000,000 $26,527,000 $1,650,000 $38,237
2
Unstated Interest In
WVaneouver Cedar & Spruce
Company
1 SMM MMMM MM MMMM MMMM MMMM OOM OO MM MM MMMM MMO MMMM MOMMA
: : PRESIDENT Unstated Interest In
| | | | | | | | | | | | 7 |
| Tancose Northwest Bay Coasts Mills Alpine Lumber North Island Victoria Lumber
Hiting Co. Ltd- Logging Co. Ltd. Export Co. Ltd. Co. Ltd. Trucking Co. Ltd. Co. Ltd.
— = : : - Chemainus, B.C.
s “ae : Subsidiaries os Unstated Interest In Acquired in 1945
: British Columbia of 7 : :
| Packers Limited | |
Total Assets, 44 .. $6,671,000 cae eS : :
{ Albert & McCaffery Canadian Three Un-named U.S.
H Limited SE5 UE Seat eee Cold Storage _ Corporations
3 Net Profits, "44 ... 281,472* -
3 Subsidiaries Subsidiaries
= H. R. MacMillan Export :
| | | Company Limited : | | |
MacMillan Shawnigan Lake : Alberni - MacMillan Alberni Pacific Canadian
e Co. Ltd. ' Sales Ltd. Lumber Co. Ltd: Plywoods Ltd. Industries Ltd. Lumber Co. Ltd. Trans. Co. Ltd. -
Total Assets, 44 .. $19,100,000 |
Net Earnings, 44 . 3,794,000 = ae
= ’ * Prior to : 3
Yencouver Net Profits, 44 .. 1,274,000* Mills & Packers Alberni Pacific | Company ee
Manitoba - 2 AS
Ontario *Dees not include refundable | eee one =I ee pees the world’s major
Quebec portion of excess profits tax. Bees of tramp
e : ships

SiC TRIBUNE — PAGE 11

#u-k resistance movement, Com-|2ua Lonaon.

FRIDAY, MARCH 29, 1946

TS SES Se Ses —