US system distrusted by Europeans Barrier of suspicion
By John Spencer
1972John SpencerLatin AmericaUnited StatesVietnam and Indochina 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.
we Profitability and all that the middle of the recent talks between the TUC, the CBI and the government, CBI president Michael Clapham together with Sir John Part.
ridge (former CBI of presiden and chairman Imperia Tobacco and CBI director Campbell Adamson, went to Washington.
Thet the Nixon freeze of 1971 discussed the experience and the economic restrictions which followed it.
This was revealed by Clapham this week when he spelled profits wage rises and free out. the employers' message:
The top employers' spokesman declared: It is now generally age very high rate of price economists) that inflation over the past 27 years is in overwhelming part attributable to pay increases far in excess of the new wealth our economy has been actually producing...
in this ede union movement country continues claim that price rises are the prime mover in the vicious circle of inflation-that high wage settlements follow the heels of high price increases.' fact, all wealth is produced by the labour of workers, who receive back in wages far less than the value of the commodities they produce.
These workers now face enormous increases in the cost of living through Tory measures.
such se rent Common Market entry.
As Workers Press has pointed out, the government's prices AMERICAN proposals AMERICAN proposals for changes in the crisis-ridden world monetary system have run into a barrier of European suspicion and distrust, according to reports from Washington.
Paul A. Volcker, an economic aide of President Nixon, submitted the detailed proposals to the so-called committee of 20 set up earlier this year as a forum to discuss monetary reform.
He called for disciplinary FOREIGN NEWIS No 'true peace' THE UNITED STATES is preparing to continue the war and its Vietnamization policy rather than preparing to establish a true peace in Vietnam alleged Madame Nguyen Thi Binh, delegate of the NLF at the Paris peace talks yesterday.
She said that President Thieu of South Vietnam had been using the delay to carry out a campaign of repression against his political opponents. Thousands of people were being arrested, tortured and imprisoned while massive deliveries of US war sanctions (e.g., forced changes in parity of their currency) against countries which accumulate too much foreign currency and gold in their foreign exchange reserves.
Reuter's correspondent Michael Prentice said that some European countries had shown 'suspicion and distrust of such a mechanism' during the three-day Washington meeting.
Jeremy Morse of the Bank of England, chairman of the committee of 20, acknowledged at a Press conference that there were Madame Binh: Allegations against US material were reinforcing his regime.
Hanoi's deputy negotiator, Nguyen Minh Vy, assailed the US for delaying agreement on the draft peace terms and the B52 bomber raids.
Washington claims that the terms, worked out with Hanoi by Nixon's special Army 'president' CHILEAN President Salvador Allende arrived in Mexico City yesterday evening for talks with Mexican President Luis Echeverria, the man responsible for strict police control of Mexiçan trade unions.
Allende will stay in Mexico for four days before continuing his travels to the United Nations in New York, the Soviet Union and Cuba.
Echeverria hopes to use Allende to show the left-wing opposition in Mexico how he has close ties with 'socialist' regimes like Chile.
Last month, Mexico gave Chile $28m loans and signed an agreement to expand trade during a differing viewpoints ences of approach.
But he claimed there was not in any sense *widespread opposition or a clash' over the US proposals. Opponents of the proposals simply said they needed further study-no doubt hoping to kill them with procedural delays.
About the only thing the committee did agree on, according to Prentice, was that the present system was 'not working satistactorily and would have to be improved'.
In fact the present system-if it can be called a system-is in total disarray and flouted by envoy, Dr Henry Kissinger, could not be signed because of the objections of President Thieu.
Thieu is insisting that Hanoi's forces should withdraw from South Vietnam. He called a meeting of his National Security Council yesterday to hear a report from his representative who has been having talks with Nixon, Allende visit by Chilean Forei Clodomiro Almeyda.
These dollars will be gratefully received by CIA-Torture interrogations 'taken for granted' IT IS NOW taken for granted that the first stage in all interrogations is torture in Argentina.
This is revealed in a report just issued in Geneva by the World Council of Churches.
Arrests are often carried out on Friday evenings, so that prisoners are subjected to three days of torture before being handed over to the police.
In several recent cases the prisoner died before the police saw him.
The report estimates that prison authorities in Argentina now hold about 1,100 political prisoners.
General Lanusse depends president, who on these brutal methods to maintain his rule, was the first Latin American head of state to enterpowers.
The committee of 20 is only the latest of a series of international bodies set up to examine the prospects for 'reforming' the monetary system. But it is even more divided than its predecessors.
In reality the monetary questions facing world capitalism cannot be resolved by international agreement. They " are being fought out in an increasingly ruthless trade war in which each capitalist power fights to assert its own economic strength against its rivals.
Martial law Marcos-on God's orders SHORTLY after a renewed outburst of fighting between guerrillas and government troops in the southern Philippines, President Marcos' new constitution was ratified by the convention of lawyers and civil servants he had set up himself.
Marcos will now remain indefinitely in power and cannot be challenged as President. It is certain that martial law will continue in one form or another.
He told a Historical Association on Tuesday that he decided to establish • martial law after consulting with God:
'I wanted a period in which I could commune with myself and God, and I asked if it was colrect to proclaim ma tial law. I asked him for signs i nd he gave me several.' trained generals who rule during Allende's absence.
At a ceremony in the government Palace in Santiago a few hours before his departure, Allende swore in General Carlos Prats as the constitutional vice-president of the Republic.
According to state law, Prats can exercise all the prerogatives of head of state in the absence of his 'socialist' chief.
This includes the right to change ministers and remove top government functionaries.
The Chilean Communist Party could shortly taste the bitter fruit of its policy of championing the so-called peace-loving traditions of the Chilean army. tain Salvador Allende after his installation as President of Chile He is also a firm supporter of the Marcos regime in the Philippines.
The Council of Churches should quickly investigate the 'work of God' in his concentration camps.
AUSTRALIAN Labour Party leader Gough Whitlam said yesterday the next Labour government would use academics and business executives as advisers. The American concept of bringing in these people to advise the government would be adopted, he said. President Nixon's Henry Kissinger was 'a notable example of this system at work overseas. The elections will be held tomorrow and Labour is favoured to win.