DEAL FOR SI

convertibility of dollars into gold.

One definite implication of the SOCIALIST LABOUR LEAGUE PUBLIC MEETING BEHIND THE ASSASSINATION OF TROTSKY a reply to Joseph Losey's film WEDNESDAY NOV 'The Three Legs' The Headrow LEEDS 7.30 p.m.

Speaker :

Cliff Slaughter (SLL Central Committee) admission 10p Press FIND sterling devaluation-it has now dropped more than 10 per cent since floating on July 23-is that it has irrevocably wrecked the Smithsonian agreement cooked up in Washington last December to fix new currency parities.

All the weaker European currencies—the lira, franc and the Danish crown-have since come under pressure to devalue.

At the same time dollars are flooding into Japan to buy the yen which has been at its parity ceiling since the middle of July.

The continued fall in sterling has raised the spectre of a series of competitive devaluations as countries try to cut each other out of export markets.

Against the background of this currency anarchy, Edward Heath summoned special Cabinet meeting yesterday to review the crashing of the pound and Thursday's 17-hour session with the representatives of the trade unions and the CBI.

The special committees attached to the talks held meetings yesterday afternoon in preparation for Monday's full meeting at Downing Street.

This can only indicate that the TUC is getting deeper and deeper into the Tory trap.

The continuation of these phoney and treacherous talks with Heath leave the powermen and other public sector workers dangerously isolated.

The retreat of their leaders on the question of action yesterday makes that treachery doubly dangerous (see p. 12).

The Tories and their friends in FOUR DAYS LEFT TO RAISE £642.19 THIS IS our last weekend for a huge effort to raise our Fund. We have {1,107.81 and still need £642.19 by Tuesday. It's all stops out from now on to complete our target in time.

While the union leaders desperately try to come to terms with WE -OISTOL FOR 18 Hospital pay lobby refused reply on claim banking and business circles know that a voluntary deal with Feather, Scanlon and Jones cannot solve the truly monumental crisis rocking British capitalism. Sooner or later the Tories have to unleash total war on the working class.

This is already taking the form of a bankers' conspiracy to let inflation rip thereby escalating the cost of living on a vast scale.

the Tories and the CBI ing wages, the punod to slip.

The working class, however, continues undaunted to press for wage increases, more ( letermined than ever to defend it: i standard of living. al the Fod bartles, ather This reason leaders crawling men's claim! • No talks 1T 1T11 is the most compelling why the trade union must be stopped from before the Tory Cabinet.

They should be forced to mobilize their members to force the Tories to vacate office forthfor Behind our paper is the determination. Workers alone has explained the s nature of this economic and prepared workers f struggles ahead.

Our Fund this month is fore more important than HOSPI TAL LLARY JORKERS 4:35 same Press arious crisis r the Never.

FOR DEMUNSTRAT ..21 FOR& FCr OVER 200 hospital ancillary workers struck work yesterday In support of a demand for {8 wage increase. They lobbled pay talks at Alexander Fleming House, south London, where union negotiators were meeting the management side.

hospitals stop A huge last-minute spurt and we will make it. Raise everything you can. Leave not a stone unturned.

Rush all your donations Imme. diately to :

October Appeal Fund 186a Clapham High St London SW4 7UQ.

PAGE Workers Saturday 1972