The Director of the British Fmployers' Confederation, vrites in an article that the National Incomes Commission would do, from his point of view; a useful job if it could remove the impression thet "profit" is an-ugly word. This idea le put forward by the Director, Sir George Pollock, in the April issue of the Federation of British Industries Review. He suggests that the Govermicnt in setting up the Commission, never intended that ths earnings of profits should be placed under restraint. Part of its'object Was to prevent personal incomes in the form of distributed profits rising — while incomes in the form of wages and salarics arc under restraint, and this would commend itself to most people as being fair. "More than one trade union leader has said that he likes his members to work for companics that arc making big profits bocause that Means that he can get better terms out of them," Sir George cont inucs. WAny attempt by NeI.¢. to limit profits would disregard the fundamentally different economic character of wages and salaries on the one hand, which are part of the oost of production, and profits, which are residual. "This is not to say that profits can or should be ignored in considering a claim which come before N.i.C. They figure in every wage negotiation. But their different nature has to be reocogniscd."
Foye Johnson, fwin-Ci ties. aeons lee of the Socialist Workers Party, today announced his candidacy for the office of mayor in the Minneapolis elections.
Johnson said that the S¥P had entered the race to fight, the anti-labour and cold-war policies of the Democrats and Republicans. "I have entered the campaign to insure that there will be one candidate who will speak out for the interests of the Minneapolis working people," Johnson declared.
"Unemployment, increased speed-up and the union-busting khennedy-LIandrum-Griffin Act must be fought by the labour movement," the candidate said. "The unemployed and the unions should organise to protect themselves against deteriorating conditions. A citywide conference on unemployment should be called by the labour movement, with full voice for the unemployed workers. DEMANDS.
"This conference should demand: 1) Unemployment compensation — for entire layoff period at full wages;2)Unemployment aid for new workers coming out of school; 3) Spreading the available work with a 30 hour week at 40 hours pay; 4) A moratorium on all debts for the unemployed; 5)A public works program to build schools, hospitals, homes; 6) Shift the tax burden off the small homeowner onto those who can best pay - the wealthy corporations",
The SWP is on record opposed to a bill sponsored by the State Senate Labor Committee which would stop unemployment pay for over 20,000 seasonal workers under the guise of raising unemployment benefits. (prom "The Militant", April 8, 1963)