[To end private practice : and outside the…]
Socialist Press1975 1975-10-29Read it in the scan (PDF), scan page 7 →
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To end private practice : and outside the Health joining the union, docttake up the fight to these vital policies.
ASTMS and all-union
the junior doctors!
* Open the books of the Area Health Authorities to elected committees of trade unionists, to supervise and control resources in the interests of all NHS workers and consumers!
* Open the accounts of the drug monopolies and NHS suppliers, to prove the case for their nationalisation!
* Nationalise private hospitals and clinics without compensation under workers management.Integrate these into an expanded NHS!
Last week's ignominiou demise of the once successful asset-stripper Jim Slater i interesting • not so much Iol the financial crimes he may have committed in Singaport (those happen in the City every day), but for the pank reactions of the rest of the City to the possible collapse of Slater Walker Securities.
A wave of terror brought the most prestigious traditional banker. (Rothschild and Hambro) onto the board of a company they ona reviled as an upstart. This is : symptom of the real danger of : cumulative collapse of a credi system, which has never been si extensive.
The rescue attempt was stag managed by the Bank of Englanc which has in the past two year. poured hundreds of millions o pounds into saving severa secondary banks which would otherwise have collapsed like th Herstatt Bank in Germany a fea years ago.
On one occasion in the las year the Bank was even forced to plead with British Petroleum no to withdraw several hundres millions which it had deposited of short term with the Nationa Westminster Bank.
This is all part of a world-wid fragility of credit which in thi last month has thrown up suc varied examples as the nez bankruptcy of i New York CIl (saved at the last minute by th pension fund of the reacher trade union) and the default a international loans of the Afriz Republic of Zaire.
Scan page 8
LESS, Wednesda. 29th / Ictober 1975