Ur Daily Express it was actually suggested that the liquidation of UCS might come as a blessing to certain shipowners who would be better off accepting the loss of their initial down payments on a vessel under construction than having to pay out the full price and saddling themselves with an expensive but unprofitable ship.
Jim Rannie, the ex-manager of John Brown's, has suggested that the solution to the disastrous unprofitability of the Clydebank Division is to scrap the out-of-date section of UNEMPLOY NOT BE WE SHALL D WEST OF IN THE IF WERE LAME SCOTLA DUCKS THE TORIES ARE DUCKS DEAD OfF EATH owners have slowly been wriggling themselves out of responsibility for an enterprise which has now become a liability to them. Every time the government put money into the consortium it increased the size of its own shareholding proportionate to that of Stephens, Connell's, etc. In this way our old shipbuilding families have been gradually relieving themselves of the liability for UCS and off-loading it onto the state.
It is equally utopian to expect any capitalist government to follow the solution of nationalisation. The only industries which history shows the British capitalist class as being prepared to have taken over by the state are those which are essential to the continued profitability of other sections of industry. Such was the case with the railways and the pits after the Second World War.
No. As far as the Tories are concerned the question is no longer whether to get rid of the UCS. It is how to get rid of it with the least possible upheaval, particularly from the working class. We have to start from the position that only the independent action of the working class movement itself can save the yards.
the RICHT TEE POCATES CLOSUR 20.000 08 H
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TELL CAPE HEATH HERES A FORCE IC CLYDE UCS