NEW $ CRISIS ON FOR THE WAY MARCHES
By John Spencer
1972John SpencerStudents and youthEngineeringMinersEconomic crisis Read the scan at ETOL (PDF) →Read from the scan by machine and not corrected: headlines and words can be misread, and a caption or advert can run into the text. For anything you quote, read the scan.
LAWRENCE DALY union leaders to 'put money where their mouths are' to ensure the miners were not defeated by lack of cash.
Contingents from the Transport and General Workers' Union, the Amalgamated Union of Engineering Workers, National Union of Seamen and Draughtsmen's and Allied Technicians' Association marched with miners and their families shouting 'Heath out' and '£9'—the full miners' pay claim.
Labour MPs led the demonstration, which was also supported by the Communist Party, the Welsh Nationalist Party — Plaid Cymru - and students from colleges in Cardiff and Newport.
A delegation of Somerset miners brought up the end of the march.
GIVE MUJIB BASHANI MAULANA BASHANI, the Bangla Desh National Awami Party leader, has urged the EUROPEAN bankers and financiers are predicting the rapid onset of another major economic crisis as the six-week-old Washington agreement on currency realignment breaks up in disorder.
The latest blow to the agreement President Nixon's decision to seek an election-year budget deficit of $25,500m.
European employers confidence in the dollar, already undergone an effective 9-percent devaluation against the other capitalist currencies.
showed its first annual deficit for 88 years-$2,047m.
in December, months after the imposition of the 10 per cent import surwas still running at $273mfort minideadlocked diat the o make any furthe corin reton smashed da have already expression market' for gold, where the broke its previous ceiling of $46 an ounce reach $46.209 the London market.
This was precipitated by a 'very large' order placed on the Zurich market, showing that some investors are prepared to pay a very heavy price to get rid of their paper money.
The same tendency can be seen on the stock markets.
Dreyfus Corporation man Howard Stein said yesterday that Wall St shareholders were selling out at the rate of $8,000m a year.
'Banks and bankers, insurance companies, pension funds and mutual funds, for all their large resources, no longer have the power to sustain the market in the face of more general withdrawa e said. Dreyfus is a top U mutual fund. THE POWERFUL Glasgow district committee of the Amalgamated Union of Engineering Workers has decided to give full backing to the Young Socialists' Right-to-Work campaign.
decision boost for conthe march to London on Fet ruary 5.
support is noW spread throughout unions, Sunday conference e more trades have also behind the ta colection ant offer all forms of assist ance.
Both help provide any facilities for the weary marchers.
Following the WIGAN Trades Council decision to give support, a £7 donation was made by the local branch of the Amalgamated Union of Building Trades Workers.
A 50p levy has also been adopted among the 90 building workers at Drury's building site, SKELMERSDALE.
From SWINDON, support is being mobilized on a wide scale.
Walcot branch of the AUEW has called a special branch committee meeting to discuss ways of helping the campaign. The branch members, mainly Plessey workers, have already made a collection of £4.
Swindon No 8 AUEW has passed a resolution of support and given an immediate f2 donation.
Copies of the resolution have been sent to AUEW district committee and the local trades council appealing for their support as well.
The local Penhill branch of the AUEW is supporting the campaign, donating £2 and a collection has already obtained £1.20.
The Swindon 'new' AUEW branch has resolved to give complete backing to the march and donated £l.
Meanwhile Swindon Technical College has invited the secretary of the campaign, Clive Norris, to address a meeting of the student body.
The students' union has passed a resolution of sup port and assistance and attempts will be made to raise a contingent from the college YOUNG SOCIALISTS