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1976
HOIJNI BA". ( 11
11

JAPAN'" OR NI"I
Embarrassed by the rapid dwindling most mines are now closed. 'I'he only
of New Zealand's overseas funds,the remaining mines are the Liverpool
Government has been tempted to sell No. 3, a few private mines in the
the Mt Davy coal to the Japanese. Rewanui area, and the Strongman
While earning' foreign exchange It State mine on the coast north of
is economically disastrous, requir- Runanga.
ing large amounts of taxpayer's There is approximately 30 million
money to underwrite the project. In tons and an estimated recoverable
fifteen yearIs'time, the 200 men 7.5 million tons of high grade Papa-
employed on the scherne will be out roa coking coal in the Mt Davy block.
of work, and prospects for long- The coal is in three seams of high-
term industry on the coast will be to-medium volatile , high grade coal
greatly lessened, for the Paparoa which is-"Similar to that of Liverpool
90al, key to future West Coast grade (a high-swelling, coking coal
regional development, will have long with a low-sulphur, low ash, high
gone to Japan's steel furnaces. carbon content). Mining will be
The Mt Davy coalfield lies 10 undertaken by the N.Z. registered
~iles from Greymouth on the Rewanui company, West Coast Resources Ltd.
railway branchline. Mt Davy forms Although N.Z. registered, West
part of the Greymouth coalfield, one Coast Resources is largely foreign
of the oldest and best known in N.Z. owned. ATAKA, a major Japanese
Discovered by Thomas Brunner in 1848,corporation, holds fifty per cent;
this coalfield produced some 30 mill- N.Z. Forest Products, itself approx-
ion tORS of coal after the goldrush imately 25% foreign-owned, holds
years. Due to increased competition another 40%; the balance of 10% is
from oil in the last twenty yeaL3, held by Odlins. Thus, investment in
west Coast Resources foreign in<- HIGH QUALITY COKING COAL
vestors is nearly 60%. HIGH QUALITY GAS COAL
QUALITY: The N.Z. manager of ATAKA,
has sa.id "Greymouth bituminous coal
is the best quality in the world for
steel making purposes because of its
low sulphur content and unbelieveably
low ash content." The director of
the N.Z. Geological Survey in 1965,
Mr R.W. Willet, described the Brunner
Mt Davy block as "the only field in
New Zealand from which coal suitable
for gas making is produced. Also,
the field contains the only signifi-
cant source of coal suitable for the
manufacture of metallurgical coke" -
that is, the coke used in smelting
of metals. With the Japanese Govern-
ment's stringent air pollution laws,
which do not allow imports of high
sulphur content coals, Mt Davy coal
is even more suitable and all the
NZ 'cu FUTURE SOlD FOR $40' per TON
< " the more reason it is worth more for
This all seems to suggest tha~theNew Zealand to keep it for its own
Government has back_ed down on its uses.
stand on foreign ownership of N.Z. 's
natural resources (see elsewhere). PETROCHEMICAL INDUSTRi FOR THE COAST
The Government seems pre1(ared to sell In a recent statement Mr P. Blanch.
to sellout N.Z. 's future to overseas field (govt West Coast) stated:
buyers for the sake of foreign ex- "Deriving oil and by-products
change today. including plastic resin from our huge
coal reserves would arlow this coun-
try to thumb its nose at oil barons.
7.5m TONS OF COAL New Zealand was sitting on a mountain
of coal that could be put to good use
A recent statement by West Coast in producing our own supply of oil.
Resources stated; One of .the by-products would be resinE
"After three years of prospecting for making the base for plastics
by Japanese experts, studies of pros-currently in very short supply all
pecting records, and consultation over the world.
with officers of the N.Z. Mines
Dept, investigations reveal the ex- "COAL SHORTAGE"?
istance of 7~ million tons of recov- Already the Government has admitted
erable coal suitable forfue manufac- a possible reduction in the capacity
ture of metallurgical coke which is of the proposed West Coast coal-
used principally in the manufacture fired power station. Due to be com-
of iron and steel." missioned in 1983, its capacity seems
Earlier the Tokyo Press stated likely to be reduced from 480 MW to
that "The survey confirmed the pres- 400Mw because of uncertainty in the
ence of an estimated 22.6 million amount of coal available. Blending
tons of high grade coal." ATAKA of high-grade coals with low-grade,
and Co. when asked to confirm this coals would mean that a far greater
declined to do so. range of coals would be usable in
this power station. Exporting these
low- sulphur coals elirni.na tes the
opportunities for blending, making
it more difficult to use high-sulphur
.coal reserves. With the uncertainty
of oil supplies and their price, NZ
should be looking toward the greater
security of the coal-fired power sta-
tions to supply our future energy
needs.
NZ must also consider the manu-
facture of her own metalurgical coke.
The cost of importing 4000 tons to
meet the demands of local foundaries
currently costs up to $500,000 in
foreign earnings, which could well
justify the establ,ishmyn): of a West
Coast coke-manufacturing ]9lant.

WEST COAST SHORT--CHANGED


The Mt Davy scheme also goes
under the wafer-thin banner of R~g­
ional Development. More "Exp~oitat­
tion" than "development"I the scheme
._ .
will be merely perpetuating the soc-
200 J0BS - BUT FOR WHOM~
ial and economic boom-bust develop-
ment that the West Coast suffers from West Coast Resources state that
already. there will be employment for up to
200 people. However, due to the
GOVERNMENT SHORT-SIGHTED highly mechanised methods of coal
extraction to be used, many of these
jobs are to be for managerial staff,
In talks with a nurnber of people most (if not all) of whom would come
on the West Coast recPY'\tly, CAFCINZ from outside the region and from
found that the majority of people overseas. West Coast people would be
spoken to are against the Govt's expected to fill the vacancies for
short-sightedness. Rather than see office workers, labourers, -and' min-.
the resources of the West Coast plun- ers. This does little to h~lp the
dered and sold to overseas buyers, school leavers looking for permanent
they would like to see more permanent employment with opportunity to learn
industry established, thus ensuring and develop skills.
long-term benefits for their child-
ren and guaranteeing the future of IN A NUTSHELL .•.
the Coast. *exporting Mt Davy coal will pro-
CAFCINZ suggests that the Govt vide up to 200 jobs, but for 15 years
should take a more responsibleattit- at the outside
ude than its present sell-and-be~. * this coal can provide the West
damned policy .. Rather ~h~n s~bsldlze Coast with long-term industry and
foreign companles wlth JUlcylncent- employment if it. is used in NZ
ives to set up "here today, gone to- '" selling the coal overseas provides
morrow" industry, the Govt should only short-term economic relief. In
cater for people's needs before the long run, NZ loses out heavily.
company profits.
C J,airns been Dlad0 i.hat a Dlcta-
11u'{'gic2Jl k Lndu:-:.:-;try to be
L{:'.1rq('~- :~;cdlc: f 0 f ttlC ordc f 20,000
y, to be economi.-
cal. (s Paper on. Coal)
fTh:~s is tCi be compar ed to NoZls
prc-:::,sent ement of
4,000 tons annual1v~

Several years ago, metallurgical


coke was being produceG in Chch at a
rate of 400 tons a month. Of this,
exports to the Pacific Islands amoun·"
ted to nearly 25%. The cost was $35 if her suitable coal is not sold to
per ton, compared with $106 per ton Japan.
for coke imported from Australia.

"NO LONGER ECONOMIC" WHO PAYS ??


West Coast Resources estimate
Smokeless Fuels Ltd, the company that they will spend about $l7m to
producing the coke, was a wholly develop the Mt Davy coalfield.
owned subsidiary of the Union Steam If this is so, N.Z. will prob-
Ship Company, which in it's turn is ably be providing well over half the
largely owned by Thomas Nationwide capital to get the scheme underway.
Transport of Australia. ClearlY Estimates vary, but according to the
showing the manner in which foreign Greymouth Star (7 April 1975) the
control operates, the USSC announced N.Z. taxpayer will have to provide
the closure of Smokeless Fuels as it
was "NO LONGER ECONOMIC". In actual $17m for new railway wagons and
fact, the USSC wanted to sell the 6~ locomotives;
acres on which the factory stood. $15m at least for up-grading the
They had also been hit with the clo- Christchurch - West Coast
sure of the Paparoa Mine, main sourcl railway line;
of their coal requirements. $5m for port.bulk loading facil-
ities;
REGIONAL DEVELOPMENT plus S.A.e. loans for housing.

At the time, the then National Eddie Isbey, Transport Under-Sec-


Govt said that "work was continuing retary, has confirmed that. transport
to find a suitable coal source for of coal will be by an up-graded rail
the factory:' Mt Davy coal is ideal, way line. The government's White
causing the National Govt to plan a Paper on coal has recommepHed
100,000 ton reserve for N.Z. use. loans to coal-mining companies to
At present rates of use, this re- help recruit their workforce.
presents less than 20 years supply, Once again, the N.Z. people are
but leaves little room for expansion being asked to pay the lion's share
in N.Z's matallurgical industry. to ensure businessmen's profits,
N.Z. has the potential to produce both here and overseas. IS THIS
her own coke in small-scale plants - rAIR ON THE NEW ZEALAND PEOPLE?

- .-----~._-----
The main driving force behind West
Coast Resources Ltd's to export
Mt Davy coal, is ATI\KA & Co Ltd of
Osaka, Japan. 1\J though hoJdinq only
:50% of Wes·t Coast Resourc es ~,td,
(New Zealand Forest Products and
OcUins hold the rest), ATAK2\ domin-
ates the partnership. ATAKA intends
to blend Mt Davy coal with up to nine
times that amount of Australian
brown coal (a low-grade coal, but \
there is plenty of it) and use it
all EO' reduce Australian iron ore
in Japan. Not only are both the
Australian mining operations being
don~ by ATAKA, but the iron ore
furnaces in Japan are also owned by
ATAKA. In all probability, this
steel will be used by ATAKA itself
in one of its steel mills about the involved in the beech scheme in the
world. Mt Davy is a project for the future. Sumitomo Chemicals also owns
sole benefit of ATAKA. 25% of the Bluff aluminium smelter _
ATAKA is everywhere: main branch yet another controversial resources
offices operate in Hong Kong, Singa- project (this time power). Yet an-
por.e, "the 'Phillipines, Taiwan, New other. branch of the firm, Sumitomo
York, Los Angeles, Canada, West Ger- Metals Industries, forms part of
many, Britain, Thailand and Australia.the Japanese consortium involved in
In New Zealand alone they have • New Zealand's ironsands exploitation
offices in Auckland and Mt Maunganui.' and export.
Others, most likely, exlst also. The Sumitomo Group is among the
Its New Zealand manager, when asked top three of Japan's conglomerates,
what ATAKA is involved in, replied making it one of the biggest concerns
"Everything - from chopsticks to in the world. In 1972, the Sumitomo
'spacecraft." which gives some' idea .,',Group totalled 115 companies (includ-
of ATAKA' s size and world.,..wide;,s.ci:!:1e. ing allied and loosely allied ones) "
Although ATAKA is a multinational with involvement in everything from
in its own right, it is in fact chemicals to mining to banking.
~erely part of the collosal Sumitomo
conglomerate (zaibatsu), one of the
largest conglomerates in Japan: the
same Sumitomo which is involved in
that other controversial West Coast
project - the Beech scheme. Sumitomo
Forestry is a partner in one consor-
tium that has tended for the beech,
and Sumitomo Forestry - Oji Paper
Company is a partner in a second
consortium which tended. The third
consortium includes ATAKA's Mt Davy
partners, N.Z. Forest Products and
Odlins, so ATAKA could also become
.C)UInJ

ing among its i_rls~ance. New Zealand-


Sumit,omo is involvt~d in er3 fought, and died in a war to [;i~op
uranium ore from South l~frica (incl- Lhe establ.iE;hment of a Japanese empi
udinq Namibia/South-West Africa) in empire·» thE; Japanese have since dis-
blatant violation of United Nations covered that peaceful methods work
Security Council Resolutions - thus better in establishing Lheir once-
Sumitomo aids the oppression of the thwarted Co-Prosperity Sphere. New
Blacks, and provides more profits" for Zealand is rapidly being peacefully
.the White minority South African absorbed inte Japan's economi c empire
regime. Collectively I the zaibatsu wit:h New Zealand' c; resources beinq
'wield the greatest economic power in exploited for ;Japanese needs, not
-Japan f and operate throuqhout the ours ~ The t irrv:0 for action .i::; now!

STAND

EIGN
CONTRO

fORI.fiN (ONIROl
"Japanese Fishing Company Estab- goes to foreign-controlled companies
lished." "American Corporation Pros- Some people claim foreign invest-
pects for New Zealand Copper." Every ment helps our economy, but these
day our newspaper headlines shout out people either don't realise the bad
the same story: the story of the effects it has or else ignore them.
taking over of New Zealand's economy The growing foreign control of our
by the huge multinational companies economy has very serious consequences
of Japan, America, Britain and Aust- for the New Zealand people, so lets I
ralia. Today, no less than 30% of have a look at some of these consequ-
all company income in New Zealand ences. I
'~~E'lIGN
INVESTMENT IS VERY COSTLY TO profits. Again, let us look at
NEW ZEALAND Comalco as an example.
To provide the enormous quantit-
There are many ways foreign in-
ies of power demanded by Comalco,
vestment costs New Zealand a great
the New Zealand Government had Mana-
deal of money. Firstly, profiffimade
pouri built using taxpayer's money.
by the foreign companies do not stay
The price paid by the New Zealand
in New Zealand; they go overseas.
taxpayer, to date, includes
Foreign companies are owned by ex-
- more than $100 million for the
tremely wealthy businessmen who are
Manapouri power scheme and the
foreigners, not New Zealanders: they,
power line from there to the
and not New Zealanders, get the pro-
smelter,
fits, even though it is New Zealand
- $3 million for the specially-
workers who create these profits.
built road to Tiwai point,
- $4 million for improvements to
Unfortunately, foreign companies
Invercargill's harbour,
are not content to just take their
- An unknown price which is, in
profits out of the country. In
effect, a subsidy enabling
addition to this, every year these
Comalco to get power at only
multinational companies cheat us of
one-tenth the price the rest
hundreds of thousands of dollars by
of New Zealand pays.
avoiding taxation.
In other words, New Zealanders
have actually paid out more money
"TRUTH" reported that "the Inland
for Comalco to establish itself here
Revenue Department has clamped down
than Comalco did itself!
on what is probably the biggest fin-
ancial scandal in New Zealand history.
Over the years, overseas companies,
by manipulating the profits of their
New Zealand subsidiaries, have
cheated the Government and people of
this country of millions of pounds of
tax". (2/11/65}.
This financial scand«l aontinues
today. Just one example is Comaleo's
aluminium smelter at Bluff. Comalco
is one of New Zealand's biggest in-
dustries, consuming no less than
28% of all the electric power used
by the country's industries and
businesses. And just how much has
this industrial eomple~paid in tax?
In" three years, they have paid only
$14,000 in tax! And in the first
two years they paid NOTHING AT ALL!
While avoiding taxes and faking
the profits earned by New Zealand
workers out of the country might
seem costly enough to the people of
New Zealand, the cost goes even
"sot2J<.Y
higher: the New Zealand Government OUR.
actually gives financial help to
foreign companies to help them make ... 1JO
PfViE'I
FOREIGN OWNERSHIP OF N.Z. INDUSTRY New Zealanders need industries
MAKES IT MORE DIFFICULT FOR THE N.Z. that provide stable jobs for its
GOVERNMENT TO MAINTAIN FULL EMPLOY- workers, something foreign-owned
MENT companies cannot provide. Foreign
investment is a constant threat of
Foreign companies do not invest unemployment for New Zealand workers.
in New Zealand because they like us, Foreign investment means job uncer-
nor because they want to do us a tainty, The more our economy is
good turn by providing New Zealanders owned by foreign companies, the
with employment .. They invest simply harder it will be to maintain full
because it is profitable for them to employment in New Zealand.
do so. Any industry set up in New
Zealand will only be kept going GROWING FOREIGN CONTROL MAKES IT
if it makes profits. As soon as the DIFFICULT FOR N.Z. BUSINESSES TO
foreign company has economic diffi- SURVIVE
culties, they will, without hesita-
tion, close 90wn their New Zealand During times of economic diffi-
branch. culty, the Government makes it hard
A recent example of this occurred for both people and businesses to
in Australia. Faced with less de- borrow money by using credit controls.
mand for its cars, General Motors If New Zealand firms cannot borrow
suddenly and without warning closed money needed to expand, they often
down its Australian plants. The re- cannot increase production, possibly
sult was thousands of Australians even cutting production back.
unemployed at a time when it was Multinational companies, however,
extremely difficult for workers to face no such difficulties. Credit
find other jobs. controls imposed by the New Zealand
Government have no effect on them.
They can easily get credit from their
head office, branches and banks in
other countries.
What does this mean? It means that
in times of economic troubles, New
Iealand businesses are at a disad-
vantage to their overseas competitors.
They must curtail production in-
creases, allowing the multinationals
to snap up even more of the New
Zealand market. Worse still, some
New Zealand firms will not survive
and will be bought out by their huge
foreign competitors.
In other words, foreign investment
now means an even greater foreign
control of our economy in times of
economic crisis.

FOREIGN OWNERSHIP WEAKENS N.Z.


, INDEPENDENCE
I \..JEVG- ClOSED The more foreign companies dom-
inate the New Zealand economy, the
JD ?~ !X>WI0 ... ..
less independence New Zealanders'
CONT'tJUe.O orJ PA6o€ 11
"The present administration does not Foreign de\7eloprnent of Ht Davy is
believe in a shut-out of overseas cap'- neither rea::~onable nor necessary 1 and
ital as such, but it does believe that n":-tf\lZ controlled
e

any overseas capital flowing into the Every dollar earDEod by a foreign-
country should be flowing in a way that owned company not remitted overseas_.
will be to the long-term benefit of in profits, is re-invested in NZ. All
the country and the' people living in building,s, factories, and plant built
it~H
with these foreign profits made here
- Mr Rowling, P.M. in NZ rema.in the property of these
foreign The foothold of
Big talk, Mr Rowling. But how can foreign es grows every day,
exporting Mt Davy Coal be of long-term every week e'Fc:rj' month ~
f

benefit? Tell the truth, Mr Rowling:


Mt Davy will build up overseas funds "The purpose of NZ policy on
but at the expense of future generat-· fore.i.gn investment should be to permi t
ions. It is selling tomorrow's resour- all reasonable and necessary develop-
ces for a quick dollar today. ment of the country's resources, while
nc! for New Zealanders the
"I am not aware, just thinking thro- enjoyment and control of these resour-
ugh at the moment, how someone might ces.rJ

be able to present a case where a - 1972 Labour Party Manifesto


multinational (company) has been given
an additional or new foothold under
the present administration."
- Mr Rowling, P.M.

The Comalco smelter consumes 10%


of NZ's total electricity. The Labol:r
administration has made no attempt to
restrict power to Ccnnalco, and instead
has chosen to introduce winter power
cuts on the people. The multi-nation-
al company Comalco has established a
ROCK
major additional foothold - the prin-
ciple that its profits come before
the welfare of 3 million people.
E BOAT
have to decide their own foreign sure occurred in Britain, where some
policy. Canadian companies, for foreign companies closed down their
example, were forbidden by their factories and rebuilt them on the I!.!J
U.S. Head offices to export, to Cuba. Continent, simply because they dis-
In other words, Canadians had no liked the policies of the Labour
~3ay whether or not they could trade Government.
wit.h Cuba~ That decision wasmad,e New Zealanders have the riqht to
in Washinqton! Canadians had no make their own decisions! Foreign
choice 1::0 obey -'che commands investment weakens that right: The
of the American companies. more foreiqn investment we have,
The multinational companies can the more New Zealand independence
have a similar influence over our is attacked and destroyed:
internal policies. The more they
control our economy, the more pres- NEW ZEALAND'S ECONOMY SHOULD BE FOR
sure foreign companies can put upon THE BENEFIT OF THE NEW ZEALAND
our Government to introduce policies PEOPLE!
they like, and to stop policies the·y
oppose. OPPOSE GROWING FOREIGN CONTROL OF
An example of this kind of pres- NEW ZEALAND!

INIRfit' (ONIIRIN(I
The availability over the next 10- make us independent of imported oil,
20 years of new sources of energy r is clear stupidity. And we are not
NZ was brought out strongly at the particularly rich in coal. At app-
2nd NZ Energy Conference, held at roximately 1,000 million tons total,
Canterbury University from May 22_24. our reservesper head of population
The sources included wind and solar are less than a tenth of those of
energy, but more importantly for NZ the U.S.A.
at the present, the use of our coal The use of Maui gas to generate
reserves, and our potential in small electricity was criticised on seve-
hydroelectric stations. Equally im- ral occasions as highly wasteful.
portant - but not as thoroughly dis- It is better used directly as a
cussed - was the rational use of the high grade fuel, or alternatively in
available energy resources. One such a petro-chemical industry, as is now
rational use, showing great promise being hinted at by the Government.
overseas, was District Heating, poss- The only reason the Government is at
ibly using energy which would other- present planning to use it in power
wise be wasted. What was not dis- stations is to guarantee a mass
cussed was who should have first market for the gas. If this had not
priority for the energy available, been guaranteed, the oil companies
and whether our present profit-moti- who discovered the gas (the Shell-
vated system of energy use could ever BP-Todd Consortium - one of the
lead to the energy saving that every- sponsors of this conference) were
one present - from conservation ists threatening to either sell the gas
to oil company representatives - overseas or not develop the field.
paid lip service to.
A session on uses of coal showed Over 200 people, from Universities,
that gas and petrol-substitutes from Government Departments, business and
all grades of coal were realistic various environmental organisations,
propositions within the next two participated in the conference. But
deca.des. To sell our coal to Japan, papers presented were all from the
when it could provide the means to first three groups, with business
interests well ism ()f them - on at least one occa-
Prominent Wf~re B~P. ~ and [)Ov.I ChE::mi ic,n i dO\\!Tl t=.:O(:: con1Jn(~nt_s clYlC]
cals (makers of etal. one of their critics.
SponsGrs of the c()nfc~rencc j.ncl11c1f::d,
such well..",known energy savers ar:~ tIle Envi.ronrnent.a.l De.fc;Dce
Air NE,"" Zealand, B.P., Caltex, Ford Society and CAFCINZ distributed leaf-
Lr;::ts dtLL",ing the confe:_t:'encc~
Motors, lvon Watkins-Dow, N.A.C.,
N.Z.E.D., Shell Oil, Shell-BP-Todd,
and to cap it a.ll, NeT" Zealand's
chief waster of power .-:omal co
Power Ltd. QUOTE OF THf MONTH
The only session in which the "BUSINESS. BUT NO'f FOR PROr'IT"
environment orqanisations were offic-
ially recognised was a final 'moral The chairman of Australia's top
issues session. Here Comalco in
l profit earner, Conzinc Rio Tinto of
particular was criticized, arousing Australia Ltd, has said that,
the very vocal annoyance of one of He did not think that business
its three representatives at the wasin business to make a profit."
conference. Chch Press, 7/6/75
The purpose of the presence of the
3 Comalco representatives (indeed, of
many of the other business represent-
atives) seemed questionable. Their
main function seemed to be a public
relations one, and to react to criti-

~N,( ONE WOULD 1HlNK "THEY


- OWN "THE e,LOOOY ~OADS'
CLOSE DOWN COMALCO
CAMPAIGN TO CLOSE DOWN COMALCO Comalco. Several statements mainly
concerned with the amount of cyanide
The aim of the Comalco campaign
and other toxic chemicals belnq
is to bring to public attention
discharged into the sea, have
the ways in which Comalco is ex-
already been released to the Press.
ploiting New Zealanders and New
More investigations are being done
Zealand.
in this area. Special attention is
being given to pollutants from
Tf.. XPAYERS ,~!JBSIDIZnJC; POWER
their chimney, particularly the
The company, which is largely large amount of smoke which IS
OVE:rseas owned., is getting its known 1:0 be discharged from the
electricity at considerably cheaper smelter at night.
rates than the New Zealand consumer,
while providing comparatively few Until recently, the campaign
jobs and causing power shortages has been concentrating on invest-
throughout the country. igation and research. As most of
this has now been completed, a
Local power boards and local national campaign is being co-
supply authorities, are being ap- or~inated with the Energy Crisis
proached to find out their views
Committee of Invercarqill. slidp
on the power crisis. A leaflet is
being prepared on "The consequ- shows are being prepared, and
ences of Comalco I s excessive power meetings and talks planned so that
consumption" . Comalco is taking 90 more people will be informed about
much 9f New Zealand's electricity the greatest confidence trick ever
at extremely cheap rates that New put across the people of New
Zealanders not only have to pay Zealand.
much higher prices but go without
m~ch necessary electricity for
~ater heating, etc.

IS EVERYONE SAVING POWER?


Government advertising campaigns
about the energy crisis, asking
people to cut down on their energy
~consumption, avoid all mention of
priorities for the use of energy,
but i~s clear that Comalco is being
allowed to use electricity at our
expense. Therefore, the Comalco
campaign intends to show the New
Zealand people they are missing
out on their fair share of elec-
tricity .
.
CYANIDE POISON DUMPED
The campaign is also concerned
about the pollution and damage
to the environment caused by
]'
f'

:r

1) While vau putup with ese,U5.,British & Australian


pawerMS mmAlDJgets interests.Ill. ownership is
mntinuaus power. less than It.
2) mmA~ getsits pawerat 5) In1973 yau,the B.LelemE-
1/4 thepnm VDu pave itVmnsumer. subsidized
3.) Yaur~awerd1llrges are mmAlDJ's pDwerbv 511m.
I!Hpedell to double!U'ery 20 Ii) [OmAlDJ draws off 10jof
~rs. n.,1. total dud-
mmAlDJ's dlIIrge will rem- ILLS paw~rpra I~.
ainstati:fartl1eneNt 110 IlIIIIrs When eHpanslan at Bluff 15
· y--
4) The Bluff 5melterisl latally
· ~ete mmAUO will draw
afl twiEe as mUEhas itdoes
foreign mntralledby_n- now.
I mmALDI [UT5 - OFF,lET'S [UT [OmAUO OFF I I
PQ~.< t$

For informative books on ~he


subject of foreign control in N.Z.;
1< "Takeover New Zealand"
1< "Japanese Imperialism 'I'oday"
1< "The Multinationals"
1< "The Enemy"
1< "River of Tears"
These and others are available
from Resistance Bookshop, Box 2258,
~:---iliiiiii.iioiiiiiiiiJb Christchurch.
9 itRIY l1li PO Q 2258 PH 300M
PME If,

101"1 (AI(INI
The campaign again~t foreign for(~iqn control lri N~Zc cannot suc-
control in N.Z. i~ a campaign to ceed nless we New Zealanders unite
oppo~e the exten~ive and qrowing and rid ourselves of these foreign
control by foreiqn monopolie~ of ters and our own local compan--
our natural resources and industry ies which work in collaboration with
and also the miLitary presence of them
the U. S.A. in New Zealand. This
control is extended not only econ- C\FCINZ needs members both polit-
omically but al~o politica.lly be- Lcally and f.inancially committed.
cau~e with every new inve~tment_ The campalgn i5 short of money and
made by a foreign company in N.Z., membershi pi s one of the few ways we
the more ~ub,';ervient our goverrunent have of financing our activities.
become~ to foreign capital.
The campaign has no argument with
the PEOPLE of the U.S.A., Japan Membership $2 per annum
Ind"cIe.~ ,,"'"'- years sub_ to "W4khd~ Ii
and Britdin but rather with the huge Name
foreiqn multinational companies that Acldness
suck out profits, plunder our nat-
ural re~ources, galn control over
OUY (.Jovernmcnt ,.;.c:conomy.
I do/d", not want to be informed of
ord}nary business meetings.
We do not; proposE-· that foreign
exploi ters be replaced by local one~. Send to: CAFCINZ,
N.Z. monopolies (CJj. Wattie~) are PO. BOX 2258,
actively working with foreign con CHRISTCHURCH.
panies for the exploltation of their
1-------------------------
own country. Their loyalty is to
PROFIT. The development or N.Z. by
DONATIONS would be mo~t appreciated
the N.Z. PEOPLE may be slower than
if you prefer not to be actively in-
whE,n foreiqn companies are involved
vo 1'led.
but ln the long term it is ~ne only
way to build up this country for DONATION: $.
ourselves and our children rather
than for the benefit of foreign I would like further information on
financier~ and capitalist~. CAFCINZ:

THE PE20URCES [".ND ECONOMY OF Name


N.Z. MUST BE CONTROLLED BY THE Address
PEOPLE OF NEW ZEALAND. Phone

At the moment CAFCINZ i~ cnnce;n-


trating its efforts on the possible
SLIDE SHOWS AND SPEAKERS
mining of coal by the Japanese at
Mt Davy and the threat of power
These are available to any group
cuts this winter which will be due
wishing to see them. They focus
to the hiqh consumption of low-cost
mainly on forE.iqn companies and the
electricity by the Bluff Aluminium
military bases in thE South Island
Smelter (almost 100% foreign owned)
Speakers on the subject are also
We need your active support and availab.le. Contact CAFCINZ.
participat ion. 'rhe campaign against

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