Nixon men talk of 'another 1929'

COMMON MARKET Finance Ministers will meet in Brussels on Sunday afternoon for crisis talks on the monetary situation. Top of the agenda will be the question of a joint float of all EEC currencies against the dollar. • Yesterday foreign exchange markets capitalist countries, including Britain, many, Holland, Belgium, Japan and other European currencies break the back of business JUIL LU WUUIL UC WE last in a concerted EEC float confidence?' TORIES READY FOR GENERAL STRIKE in most France, GerAustria, BY FOREIGN EDITOR In the Commons yesterday Chancellor of the Exchequer Anthony Barber refused to give any guarantee that such a float would not be undertaken.

Asked by shadow Chancellor Denis Healey whether it was still his policy not to sacrifice growth to 'an unI CalIOLIC exchange rate', Baradd to previous statements.

Healey said that if the pound were to be pegged against the French franc and the German mark, this would 'simply divert the overwhelming mass of European currency speculation against sterling'.

He asked Barber: "Will you bear in mind that business is already disturbed in investment intentions, and if the pound was pegged this would he the lact etratir en Healey added that it phernalia-water cal anon, CS gas, rubber bullet: 5, 'stun' guns, internment ci amps assassination squads, special courts.

Brigadier Frank Kitson, new head of the Infantry raining School at Warminter, has been persistently proposing a co-ordinated AT THE Tory Party conference in October 1969 Mr Geoffrey Rippon, then Shadow Defence Minister, made a pledge to the Tory faithful.

*A Conservative government intends to see that the host of young men and women desperately anxious to serve their country are given official encouragement and opportunity to do so.

For the tens of thousands who have been so cynically told they are not wanted, we want the message to go from this conference — we value you, the country still needs you and we will want you to come back?

The conference unanimously voted to restore the Territorial Army when the Tories were elected-which turned out to be eight months later.

Apart from Rippon of the Monday Club, there were other strong Tory voices in support of a strong 'home In 1969 the Conservative Political Centre published a book 'Twice a Citizen' by Sir Tufton Beamish and Mr Philip Goodhart which called for the resurrection of the part-time army.

They said: Such a force would be excellent value for money. There are also many Heath: Волм садовоса:! would be 'disastrous' to many of Barber's intentions in the forthcoming budget if a decision were taken in Bonn this weekend to peg the Round against other European currencies 'when the balance-of-payments outlook remains so gloomy'.

Only the "advantage' of having the pound floating downwards against the other European currencies has enabled the British capitalist class to win a brief respite from the full effects of the world currency breakdown and trade war.

A joint float of sterling with the other EEC currencies would immediately throw the full weight of the international economic crisis onto British capitalism-and thus onto the backs of the British working class.

Phases One and Two of the Tory statutory wage controls would become entirely inadequate to meet the requirements of British imperialism in such a situamilitary/police attack working class.

His book *Low-Density Operations' was enthusiastically applauded in a fore.

word by General Sir Michael Carver.

Two weeks ago the Cabinet promoted Carver to Field Marshal and named visible assets, such as providing an outlet for the energies and loyalties of those ready to serve in a national emergency' Recruitment for the TAVR became as important almost as recruitment the regular army itself. A highlypolished series of advertising campaigns were launched, particularly in areas of high unemployment.

The Tories also made Lord Clydesmuir, one of their leading Scottish sup porters, the chairman of the Territorial Council.

Clydesmuir, an industrialist and governor of the Bank of Scotland, with big influence in the North Sea oil bonanza, has taken a keen interest in the development of the battalions in this 'phantom army'.

Last month in his annual report Clydesmuir stated:

"Those who serve in the TAVR are the élite of the country. They are men and women who have volunterred to spend their leisure time training to that state of military efficiency which will enable them to take As Healey points out, business confidence would evaporate overnight.

The Tory government was unable to sustain the previous attempt at EEC currency alignment of April last year. It was forced to drop out of the running and float sterling only six weeks after the scheme was established.

This time, however, the two big powers of the Common Market, Germany and France, are prepared to tolerate no nonsense from the Tory government.

Brandt will insist

Heath that the British working class must be bled white in the interests of the Common Market.

To give such a float the least semblance of credibility, the Tory government will have to seek an undertaking from the other eight Common Market members that they will guarantee the £3,000m in sterling held overseas.

In practice, this means the British government will put itself deeply in debt to the other EEC countries, who are certain to demand that Britain carry the brunt of the economic crisis.

British capitalism will thus put itself deeply into debt with its rivals inside the Common Market, who are certain in their turn to demand attacks of unparalleled viciousness on • the British working class.

him as the new chief of the defence council-all three services-to take over in October.

The lessons are clear: if the trade union movement has to fight a General Strike, it must fight to win.

There must be no their place alongside the regular army in the face of a National Emergency. 1 congratulate you all' Heath, himself a former colonel, has gone out of his way to attend Territorial functions and praise the young troops.

Each recruit is trained with modern automatic weapons and operations are frequently integrated with the regular army's.

We were told that recruits at one TAVR camp were shown a map of south London during a "true-to-life exercise and told:

"This is Brixton. Now our ribt hero put down a race The TAVR strength is currently at 60,000 men equipped and trained to regular army standards.

The Tories' target figure is 100,000. The record defence budget just announced includes the TAVR.

The Tories hope that by raising the £150 a year for raw recruits they might be able to attract more support from out of work and impoverished youngsters.

Wouldn't the increase be a breach of the Phase Two pay laws? Yes,, but the Tories won't have any bother getting their way around that one.