"Since the beginning of this year, 56 supporters of the communist movement have responded to the growing political openings by contributing $627,377 to the Capital Fund with amounts ranging from $1,000 to $275,000," said Dave Prince, the Capital Fund director, at the opening session of the conference. Contributions included $83,000 from a bequest, $78,000 from an accident settlement, and $275,000 from a trust fund. "Anyone who can make a capital contribution of $1,000 or more from bequests, trust funds, accident settlements, or other sources should consider making a pledge to the fund," he said.

In his summary report to the conference, Socialist Workers Party national secretary Jack Barnes pointed to the importance of the Capital Fund. It contributes substantially to the ability to purchase needed printing and bindery equipment--machinery that is as safe or safer than the equipment it replaces, and that lowers the skill level required to operate it, allowing for a wider range of socialist workers, in terms of age and physical strength, to take a volunteer stint in the printshop.

Barnes reported that a longtime supporter of the communist movement who died recently left his estate to the Capital Fund. This contribution of more than $400,000 will make possible the purchase of a new three-knife machine to trim Pathfinder books, replacing equipment built in 1954, and other needed new bindery equipment.

As contributions kept coming in during the course of the gathering, Prince made several progress reports. By the end of the conference, 15 contributors had contributed an additional $91,500.
 
 
Related articles:
Socialists register integration into struggles of working people
Pathfinder Fund rises to $113,000
'We need a revolution in the United States'  
 
 
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