Bankers' Control for State Steel

The scan: The Week v6 no11.pdf (PDF, Marxists Internet Archive, opens at this page)

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Alan Rooney's article on "Aircraft - Bankers! or Workers! Control", in the last issue of The Week is worth re-reading in the light of the announcement of the appointment of Lord Melchett to the organising committee which is to precede the National Steel Corporation. Rumours that he is, in fact, to be appointed to the chairmanship of that committee have hardly been dispelled by his statement that "it would not be right for me to say whether I would accept the chairmanship," Lord Melchett is a director of the merchant bank of H,. Samuel & Co, The subsequent ahnouncement of the appnintment of Ron Smith, the postmen's leader is also ominous from the point of view of workers! control. The usual mixture of jobs for the city and jnbs for the boys seems to be in the