The Capitalist Conterence ned is industrial leaders meet from time to time to take stock of the present and to discuss policy ..." And so it was, truly, a conference of those world leaders who actually tell Nixon, governments what to do and how to do it, because they OWN it.
M. Blough, director of US Steel Corporation;
England: R. Solomon, Federal Reserve System; Cole, chairman of Unilever Ltd; E. G. Arbuckle, Peterson. chairman of the Wells Fargo Bank; S. N. Chau, chairman of the Hong Kong.
Indonesia; R.
Villanueva, President Trans-Philippines Investment; A. E. Edwards, chairman Empresa El Mercurio (Chile); A. Kafka, director of Brazil International Monetary Fund; S. Navapan, president of Thai Military Bank: P. A. Filho, president of Instituto Pinteiros (Brazil);
uropean corporate giants and politicians wer ¡ere too: Jacques Rueff, de Gaulle's special financial advisor; R. E. Marjolin from the Commission; G. largest automobile trust, and, of course deologues of Capitalism, the University deans and professors, were very well represented by ict: luminaries as W. Sterling, president of the the people in underdeveloped countries: b lanford Research Institute; W. J. Busschaus chancellor of Rhodes University; F. Machlup, director of the International Finance Section of gains. Princeton: Lord Franks, Stans, the Secretary of Commerce, etc etc.. Indeed the rulers and the owners of the capitalist world. Pit is important to understand what this Whone people they are exploiting international Industrial Conference was about since the governments of the West will be beying the plans, concepts and policies laic ut at this conference for the next four year Since these "world leaders" control most of the "free world's" economic power therefore most of its political power - it is important that we become aware of what they are exactly up to and what their strategy is.
First of all they want to abolish the national barriers and frontiers which prevent their industries from expanding and their capital from flowing and therefore growing, freelv hauvinists. They demand the right to mak nal is to say they are not the od stvi MORE profits than the narrow isolationist policies of the old nationalist right wing will already the actual rulers of markets want and need to expand beyond all national limits such is the basic law of capitalism that it can only develop through coonomic (and miltary ) imperialısm In his keynote address to the I.I.C. David Rockefeller (whose brother returned not long ago from his famous trip to Latin America which sparked and explosions Please send me the BLACK DWARF for the next 6/12 months I enclose po/cheque for £1/£2.
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The BLACK DWARF, 7 Carlisle Street, London WIA 4PZ Telephone: 01-734 4827 Trade terms on application Foreign subs: Asia/ Africa/N. & S. America/Australia: £5 per everywhere), actually came out AGAINST the war in Vietnam stating that its continuation hurt the American economy. Regardless of the enormous profits the war industry is making for some Capitalists, Rockefeller says profits are greater for the ruling class in general, in peace han in war. But even though he disagrees with the Nixon administration on the particular issue of the Vietnam war, Rockefeller cannot help but profit from it through such corporations as Standard Oil which his family controls. Also on members include Cardinal Cooke, Archbishop York, and, of course, David Is is easy to understand why the people of so underdeveloped countries consider mutual Washington's foreign aid program as just colonial conquest, The Latin American students who stoned Rockefeller's supermarket in Venezuela, he spat at Rusk set fire aware that the military power exerted by the Bank; H. I. assuring that the rich and developed nations Romnes, chairman of American Telephone and should help the poor and backward ones. He of Liberation encounter in London, 1967): "Capitalist development inevitably Capitalist countries and the underdeveloped countries are not two separate worlds. They are top and bottom sides of one and the same world." The affluent areas are affluent because the depressed areas are depressed or rather oppressed. The ghetto only exists because of Park Avenue. Slums only exist because of Wall Street. Without the profits made in the depressed areas, the affluent ones would not be that affluent. Thus there is only one way the Rockefellers and their fellow-emperors can help ceasing to exploit them. By ceasing to be capitalists. Anything else will multiply their Whoever thinks the Rockefellers of the Government was world - of which 700 were present at the I.I.C. in San Francisco - will willingly give up their profits, their priviledges, their political and military power - without being forced to do so - is crazy. thinks they will just turn over the means of production and distribution to the people, without a struggle, is crazy. Whoeve inks the slaves should not revolt but ju plead with their masters to change, is crazy.
To complete this quick over-view of the I.I.C. one should mention the Movement demonstrations against it. They were ridiculous. On the first day the demonstrators attended a rally and then marched on the Fairmont Hotel, stopping at red lights and always contained by the Tac Squad who kept them on the sidewalks. One delegate to the Conference said they al hought the demonstrators were amusing. While n Brazil the American ambassador was bein kidnapped, the true rulers of the "free world" walked the streets of San Francisco not in the slightest bit bothered by the flag-waving and slogan-shouting revolutionaries. Only the last day during the final banquet, some windows were broken and about 20 demonstrators were arrested. When will the movement focus on reality? Not that it is useless to struggle against neaus or state or the immediate force of repression such as the police, but it is time to realize what and who the ruling class actually is and how to destroy it instead of merely amusing it.
DWARF A NEW REGULAR COLUMN Waley-Cohen was Lord Mayor of London in 1960-61. Having grown fat and rich on life Alderman and an arch-reactionary, election to "High Office" was une pinnacle of his capitalist As Chairman of the Aldermen's Magistracy Committee, he has subsequently devoted much of his life to the perpetuation of absolute rights, granted by charter in the middle-ages, which allowed City Aldermen to be not only *ex officio" J.P.'s but to sit in judgement alone on their fellow men. No one else in England had tinancial centre began to fight viciously City Aldermen have several things in common. With very few exceptions they are noticeably fat, extravagantly rich, are deeply seeped in the absurd institutions and traditions of the City, and are (or at least, were engaged one of the more notorious materialist ursuits which have made the City famous.
Even the Labour Government was forced to object to these anachronisms in the nation's legal system.
In 1968 a Justices of the Peace Bill was introduced to Parliament outlining the abolition of all ex officio magistrates, including those in the City.
The backlash came pretty smartly; the City his income is inestimable.) was not pleased. Its most significant public move was to try to bring pressure to bear on elected at the end of September. Here are Parliament by It used the most irritating and absurd arguments, combined with a mixed bag of before the charade is held, in a later issue. jumbled quotations, taken out of context, "to prove its case' The unique position of the City of London Londo n national life has beer Aldermen (who have been, or would normally Fathers but as national representatives both at home and abroad... ". therefore they alone should sit as J.P.s:
*No one has denied that the present system in the City is efficient" (Auschwitz was be the very heart been using for years.
Anyway, the Bill went ahead, but not until it had been mutilated by an amendment forced upon Parliament by City pressure. The City's Aldermen remain as justices today, but since last month they have had to put up with some changes which they do not like One was the appointment of a Commission.
The Aldermen's Monopoly on justice was broken. Humiliated, they to make suggestions to the Lord Chancellor for other J.P.s, not inside their sacred circle. Moreover, it is known that the Lord Chancellor wants J.P.s to come from all political parties. Alderman Sir Robert Bellinger's recommendations committee was virtually obliged to include Labour names in the list which was submitted for the normal process of selection.
Of course, Waley Cohen and his Aldermen friends made a great show of their political politics at all", he is quoted as saying. independence: we are not concerned with But they were, they had to be, or the Lord Chancellor would not like it. City Aldermen are in effect the staunchest bunch of bloody Conservatives that one is ever likely to meet.
(At the moment, there is only one exception: Lord Mais. Peer of the realm, Alderman livery man, successful business man, Chairman of a giant construction firm, Token Construction Co., he outwardly appeared to have all the qualifications to play in the City's pageant pantomime, but before his election as "Sheriff this year, vital appointment on the route to the mayoralty, he expressed to a confident fear that he might not because of his "socialist inclinations". You've got it. Even that kind of "socialist" is suspect.)
In any event, 9 Labour J.P.s out of a total of over seventy, were appointed in the City and have been sworn in, along with about thirty others who are not Aldermen.
The Commission will be implemented in November. Meanwhile, the Aldermen must make the most of their last few weeks of authoritarianism. Mercifully, the Act included the clause that they should not sit alone again.
That is something to be grateful for; that anything can be changed in the City is a Hulace.
However, the battle is not yet won. The City's Aldermen still retain rights and privileges in the practice of law which would not be tolerated in any other Borough.
The Lord Mayor remains as Chairman of the magistrates. Every other Chairman is elected.
Chairman. Other Deputy Chairmen are elected.
Nobody should rest smug and satisfied until all "ex officio" magistrates have been abolished, and the City's are the only ones left. Because you have made a lot of money, bought your way into the Livery Companies, and pushed up the City hierachy would in itself be a good reason to be considered ineligible When the new J.P.s were sworn in at the Old Bailey in September, Waley-Cohen spoke of "the ending of a system which has given every the list of J.P.s was handed over to the Lord satistaculon over the centuries." Later, when Mayor, Sir Charles rinder, by tne Lord Chancellor, Trinder said that he was glad to be "present at an historic occasion", but every one knew what they were really feeling, and the Lord Chancellor observed pertinently "the new blood may take a little time to settle." But settle it will.
arch reactionary who did his level best to maintain the feudal status quo: Impeccab] Proy cares. Property Boy as Chairman of Sim member of Lloyds, international insurance racket, financier dabbler in education, on senate of London University, meddler in politics, formerly of the Ministry of Fuel and Power. Like all City men. is a liveryman: i.e., member of one of the ancient merchant guilds important for anyone who wants to push their way to the to on the Squire Mile. Waley-Cohen, believe it o not is a Clothmaker and a Farmer (of course, he has nothing to do with either trade. You can ring him for fun at CIT 2288, but be warned, he is a sharp man on the telephone. He is fat;
The new Lord Mayor, Sir lan Bowater, was the way men get power in the City through staged elections in which the results are printed following will to elected Lorderero b But for anyone in successive years, in the order t really angers the Corporation when the are told that their little "pieces de theatre" a 72/74 INCLEDON-WEBBER, 74/75 GREENAWAY 75/76 RING.
The City is often alleged by its supporters to of honest
DWARF
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College, Oxford; the provost of Worcester quite appropriately present, by, among others,
allow. These Wall Street Emperors who are their national
September 25th Nixon announced the members International Industrial of a "presidential task force to study foreign purpose: "It is appropriate that business and of the Bank of America as chairman. Other
David Rockefeller, chairman of the board, Green Berets and other CIA troops in Latin Chase Manhattan Bank; J. H. Loudun, chairman America only complete what the Church and its I. evangelization programs started: the enslaving Rockefeller set the pace at the I.I.C. by
underdevelopment a the other the stanced of development
City Mayors Past Present and Future
No man times. Today behe Lord Madrand print, baring death or imprisonment become Lord Mayor are important, not only as not for real, but it will ben HOWARD
The 8 Aldermen who most recently served as Lord Mayors automatically become Deputy