spending threatens strain on

we 10 days to raise £561 1s 1d for Fund PAY FULL £5 SAY POWER UNITED STATES Defence Secretary Melvin Laird yesterday urged the Senate to restore military budget cuts rather than face unemployment in a number of key closed doors, about the Nixon Administration's military appropriations for Israel and Cambodia. of Representatives decision clipping more than $2,000 million from Nixon's military estimates. Laird wants $1,360 million restored, bringing the total military budget to $68,000 million. Congress for aid to Israel, but the administration has put forward a new request for a further $1,000 million-for aid to Cambodia, money and foreign lives in his overseas wars.

puts it. 'The choice here is between dollars and blood.' that the aid appropriations will embroil the country in new Vietnam-type wars in the Middle East and Cambodia. effects of the military budget, which puts an increased strain on the already shaky dollar.

concerned about the dollar position. European He was also closely questioned, behind Laird's speech is a response to a House $500 million has already been agreed by Jordan, Lebanon, S. Korea and S Vietnam.

COMBINING

With unrest growing in the US army, and the prospect of major class battles at home Nixon is following a policy of combining US As Senate Republican leader Hugh Scott Critics of the President's policy are worried INFLATIONARY They are also concerned at the inflationary US economists are becoming extremely bankers like Milton Gilbert of the Bank for International Settlements, and Rinaldo Ossola of the Bank of Italy, have spoken recently of a devaluation of the currency from its present gold parity of $35 an ounce.

Since the last dollar crisis in March 1968, when the 'two-tier' system was established and the US reneged on 535 $35 an ounce to all comers, its obligation to sell gold at US gold stocks have been quietly but inexorably haémorrhaging away to overseas central banks.

WEEKLY Now the influential US financial weekly 'Barrons' has come out with a front-page article saying that the Nixon administration's aim of full employment by mid-1972 is apt to be the dollar's last hurrah. "The US must not count on its creditors' forebearance,' the to stop being and ery dediat Though Nixon's administraofficials have hotly attacked the magazine's prediction, there iș no doubt that Nixon is seriously worried about continuing dollar inflation, and that attempts to the 1972 Presidential elections could easily provoke another dollar crisis. • "US hots up trade war'.

See page 4. RESH Tory threats to oal-industry jobs brought new bitterness into the tubborn struggle of 6,750 striking miners esterday.

All the indications now are while beet east miners' ical 'orkhire, - Wales, miners Durham yesterda.

Jalnca 01 strike defiance Icaders •-work oica. and coal boar hief Lord Robens' ness somen Incensed 5,000 1000 men Kept 12 pits shere ompletely, and another Dar mon ially -strikers were incenser ly the Robens outburst coll pan eff a deputy ileged! manhandled a 7-year-old trainee miner were out Robes directed his hire.

Outburst

Robens ésides claim caucas were working 'nough shifts to get their con •cosionary coal. incluate une Onwine "The have organization, but thing about Don :aster that Have not Il Is nara lor som people that ther are people Tratists and other dissi over*ethe government. anal Casts Wile al ca end of the dar what they will do Called off wOticial picketing returned multis who ift yesterday. work Monday was callec Most of the in the commend te coa coalfith de commendation full retur cert Monday should begin at the weekend.

The results will be reporte Toody S delegate conference Voting Welsh miners also continued voune yesterady In the Dallul on the Coal Board's offer Another 500 SCOTLAND work yesterday, but 2,500 men three pits stanasul and four only partal prpauction Une pit - employins 1,250 miners- -remaineo on StriKe Il the DURHAM coalfield.

• See photo page 4.

Rolls-Royce No' to polishers OLLS-ROYCE said yesterda that the demands blade olishers Lidlands plants would not b they endangered negotiating machinery.

in denite sishes Monday.

* Measured Day Work the strikers structure would arve lower between f!

Dester day edid company ine de statements agreed WORKS mot mere could or i claims met.