PAPER OF THE INTERNATIONAL MARXIST GROUP rate prices will double every three years to stop taking payment in sterling.
Williams backed by Reg Prentice, move to some form of incomes policy.
the following immediate demands:
protection of wages against rising prices.
As Britain's battered economy crashes into the most severe recession it has faced since the thirties, right-wing Labour Cabinet Ministers are calling for an incomes policy.
Last month the trade deficit reached a record £534 million. Inflation has reached a frightening 18 per cent and is heading upwards. Next year it could be running around 25 per cent: at that Then the pound took a terrible hammering when Saudi Arabia threatened In 1974 Britain's trade with the rest of the world will be in the red to the tune of 14,000 milbon. With the main exporters like British Leyland verging on bankruptcy there's little hope of things getting better next year.
As the situation goes from bad to worse even Healey's budgel gift to big business is seen to be not cnough to save British capitalism. So Shirley Edmund Dell and the "financial wizard"
Harold Lever are now openly calling for compulsory wage control through new taxation measures and use of the prices code.
The "new" plan is that wage settlements in excess of the 'social contract should be clawed back by additional taxation. Williams and co. know full well that the use of legal powers to han wage increases would smack too strongly of the Tories detested Phases I, 2 and 3. They hope therefore to bring in "Phase 4" wage restraint by the back door.
The Labour Government has no intention of challenging capitalism. It is irrevocably committed to the system and in a situation of capitalist crisis it has no alternative but to drive down living standards. Eventually it must The working class must reject this course and refuse to pay for the capitalist crisis. Unless a fight is begun to impose a workers solution the crisis will explode into a catastrophy for the working class, Even the modest gains which it has made in the post-war years will come under sharp attack as prices rocket out of control and dole queues grow longer every day.
A united struggle is needed throughout the trade union movement around *For a sliding scale of wages with a nil-norm threshold guaranteeing full *For the nationalisation without compensation and under workers" control of all firms threatening redundancies and closures.
jailed FREE BUL SPANISH political prisoners. They were demanding the immediate release of Eva in Madrid-and an amnesty for all political prisoners.
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The following Jerter hes bean sent to the Yorkshire Evening Post:
tie are tery soneerned to reed of M Hurt (ADEW shop steert the seicus elghtaan meeth sentence posses on a young uni-fascist demenstrator, len Caleman, at Lends Crop Tdaeques (Loods Dariet Presldent Court on & Deceite Lad land coner ALIEW ed in the evening Postl. One lesson we met Men frois fletory le ther * Fu apenly take detes with those Beheber tAUEr shop stewerdi The Court which posed sentence first attender, the fascist National Democratie Freedom Movement INDEM apportels had previous WInne (ALEW shop steward and Comfictione for incitement to racial Buted and admitted inciting wolenes against minority groups, yet they i were only fined Wi feet most strongly that Cale aly queshed and demand thet the li Labour Councilors who bennied the ND/M hom wing public maming places muat noil support Columan, to stop the growth of this fuseket aroung, We and please to note, incle ald GEC comtined entally, that at lest in Laods the Yours fithfuily EREE FORES and DURAN POLITCAL PRISONERS B. See tALEW Toes Divisional Orgenisert C. Burton JAUEW shop stewardl I Fascent (AUEW shop stavard)
S. Marsden (Laadi Datrict Compmi M. Freedmen JAUJEW shep atemerdl J.R. CARIAUEW branch presidend Lid District Committef E-l Cran AUEW junior worken committee Bizabeth Hagepek (AUEN shop aard and District Committie)
Schwert tEEPTE chop stewardi D.M. Woodhom /EEPTU shop stew R.T. Thampeen tEEPTU shep sum G. Davies lAUEVshop steverdi 1. Steele (President Leede Polytechnic
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Some forty Spanish and British militants picketed the Spanish consulate in London last Saturday in solidarity with hunger-striking Spanish
Forrest and Antonio Duran-two militants who the dictatorship has tortured in an attempt to frame them up in connection with a bombing
The demonstrators were from the recently formed Spanish Solidarity Committee, and further solidarity actions are planned in the new year. Further details of the committee will be available at the Red Weekly