IMF chief Schweitzer squeezed out-report

MANAGING director of the International Monetary Fund Pierre-Paul Schweitzer has been squeezed out of this top monetary job by American pressure, according to the ‹Washington Post'. Whe paper reported that Schweitzer's reappointment for a third five-year term beginning in September 1973 had effectively been vetoed by the United States. Neither the IMF nor the US Treasury Department would comThe move against Schweitzer also follows the decision of Common Market Foreign Ministers meeting in Rome to go ahead with the Paris summit meeting in October. President Pompidou of France, who now says he, is satisfied with moves towards EEC monetary unity against the US, has sent out invitations to his Market partners.

Schweitzer's_presence at the top of the IMF was an obstacle to the Americans. According to the 'Post', US Treasury officials felt that, as an international civil servant, he was 'needling' the US beyond the scope of his He had earned the displeasure of former Treasury Secretary John Connally by criticizing the 10 per cent US import surcharge imposed last August as part of Nixon's package of trade-war measures.

He also called for a devaluation of the dollar against gold as the US contribution to the agreed realignment of exchange pogrom of communists and trade unionists. A milder version of the same treatment was handed out to the left after the 1968 coup.

Bakr has recently released the pro-Moscow Communist Party leaders from jail and drawn them into a National Front to facilitate the alliance with the Kremlin.

When Bakr's lieutenant Sadam Hussein visited the USSR in February, he was referred to by the Soviet communiqué as 'comrade' Hussein, and' the Ba'ath Party accorded the status of a fraternal organization.

This unprincipled alliance has strengthened the standing of reactionary Ba'ath leaders in eyes of the masses and left rates. The latest flashpoint in relations between Schweitzer and the Americans was a report issued earlier this month by the IMF's executive directors.

It set out the sharp disagreements on monetary questions between the US and France, including the French demand for a rise in the gold price. The United States felt it was being pressurized by the IMF staff, which is responsible to Schweitzer, according to the 'Post'.

Nixon's measures of August 15 last year smashed the Bretton Woods framework of international finance, based on the convertibility of the dollar into Nixon ushered in a new era of international monetary relations involving a ruthless struggle for supremacy between the US and European capitalism.

Schweitzer's departure marks the end of an era in international monetary and economic relations. The Americans are driving out the man of Bretton Woods to make way for someone who will be their obedient servant in the struggle against their capitalist competitors.

Communist Party rank and as hostages to the regime.

So eager were the leading CP officials to show their willingness to serve the Bakr government that they did not even demand seats on the so-called Revolution Command Council as a condition of their collaboration.

The reality of this kind of alliance - entered in order to serve the foreign policy interests of the Soviet bureaucracy - was brutally shown in the massacre Sudanese communists last July.

They too entered as subordinate partners into a nationalistmilitary_ regime. And when it suited General Numeiry to rid himself of their support, they were brutally butchered.