IMGpapers

Newspapers of the International Marxist Group and its forerunners, 1968–1988

PUDALISMS SAND

· Red Weekly No. 24, 26 October 1973 · p. 2 of the scan · 737 words

The scan: rw-no24-oct-26-1973.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Apple Vision OCR) from a scan of a newspaper page, and the page was cut into articles by machine, at the headlines found by their type size. Nothing has been corrected: expect misread words, text from a neighbouring article, and titles that are the machine reading of the headline, some of them only fragments. Quote from the scan, not from this page.
How this article was cut and titled: headline found by type size in the OCR geometry (split_tabloid.py); 4-4 of 5; machine-segmented newspaper page; uncorrected Vision OCR.

page 2 of the scan

TOURALISTS Councit has pledued its support.

HELIAIL Grove, London SE22.

The unions have now set up a committee incu-ane Sutherland If Clark can be forced to give in to the NUJ publishers in peneral will take note that. the NUJ stands for more than the provision od a press card with which bolders can gain free access to Hampstead art galleries. But the strikers are very few in number, and they urgently need assistance, especilly in picketing Clark's offices next door to the Hampstead tube, Please phone Magine & Book branch (Gordon Parker) at 837 6188 with any offers of help, or just turn up 9.30 - 5.30.

medical students to plan co-ordinated action on this issue. The main demand raised at the meetings has bece that food prices should be reduced again to their level on 1 Apri]. The scale of the price rises has resulted from the COOTERS POET DE COLOR DACK DI PoO Soo expenditure, It was stressed at the Dulwich meeting that the only way to Tight these attacks is to campaign for joint action in all hospitals, comhined with winning trade union support from ourside. The attacks on the heath service, by keeping hospital workers badly paid and super-exploiting their genoise desire to help the sick, and by withdrawing all but the most minimum nosources affect the catue working class As a first step towards figbring these increases and consolidating organisation within the hospitals, a canteen boycal nas boco sugas steps are aise being taken to contact trade anion orgenisations out side the hospitals, and already Soutbwark Trades In the spring the hespital workers put up a herait fight spinst Phase 3 but were deferred throogh tha allure of the rest ol the working dass to louis united struggle, This lesson must be learnt for che right against Plase 3. Organisation atound the question, sit is traded at this price. The chird price is the of prices mo Graverontent crusion of health saddards would be an excellent way of preparing such unity in Messagus of solidarity and support are desperately neaded to convince these workers that they do not panies, Joe Gormley and King Feisal of Saudi Arabia may not have much in common. But to the Tory Government they are both connected with a major threat not only to British fuel supplies during the winter but also to the implementation of Phase & of the wage policy in anticipation of a miners" strike, the Electrici ty Board has in the last few months amassed a stock of 18 million tons of coal (a record for the time of ycar), the Arab governments reduction of ou supples hits supplies to Britain and forces the Electricity Board to substitute more coal-based electricity for some of the 20 percent of supplies now produced in oil-fired stations, then any miners" strike will bite much more quickly than had been bargained for. No doubt this was one of the reasons why the Tory government resisted Harold Wilson's clamour for Britain lo arm the Zionists, hoping that this would make Britain immune for the oil supply cutback announeed by the producing states. PRICE RAISED This cutback, bowerer, would probably not cutlast a Middle Eastern ceasefire. What is in the long term more threatening to the coonomle strategy of the governments in Britain and otber advanced capitalist countries is the prior decision of the Arab oll producers to raise thi price of crude oil by an unprecedented amount The Arab oil states' new polley can only be understood against the background of the complex price structure of the world oil market. There are three oil "prices' in operation. One is the major oil companies internal transfer price, which they fix themselves on internal transters of crude in order to mininise overall tax payments. The second is the market price, which is fixed by the producing countries but which relates to the overall world demand and supply situation. Only about 2-3 per cunt of the world's notional posted price, which up to now bas been set in negotiation between the producing states and the compunies and is the basis on which the producing countries fix taxation of the com It is the posted price which is the basie of the colossal revenues of the Middle Eastern produc ers. The production cost of a barrel of oil is between 10 and 15 US cents. Up to last week

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