The Militant(logo) 
    Vol.61/No.10           March 10, 1997 
 
 
$280,000 Capital Fund Goes Over The Top!  

BY NAOMI CRAINE
One hundred twelve contributors have given $292,274 to a special fund that will help the long-term capital needs of producing Pathfinder books. The capital fund was launched at four regional educational conferences last November. With a goal of raising $280,000, it ran through the end of February. Contributions ranging from $1,000 - $20,000, were sent in from supporters in Canada, France, New Zealand, the United Kingdom, and the United States.

Some $30,556 came from 31 members of the International Association of Machinists; Oil, Chemical and Atomic Workers; United Auto Workers; United Mine Workers of America; United Steelworkers of America; and the United Transportation Union. They pooled year-end bonuses, company profit sharing, and other windfalls.

The donations are to cover the cost of repairs on the south wall of the Pathfinder Building, where the publisher's editorial offices and printing plant are located. The six-story wall, which had developed serious cracks and leaks, has now been covered with new siding that will protect its long-term structural integrity for years to come.

The capital fund also financed the return of Pathfinder's book fulfillment service to the building from an outside warehouse, making effective use of previously underutilized space. Volunteers from across the United States and several other countries helped set up the "pick and pack" operation as an integrated part of the production of Pathfinder books.

The success of the $280,000 capital fund sets the stage for raising future long-term capital toward the physical plant and equipment used to produce the books by revolutionary and working-class leaders that Pathfinder publishes.

 
 
 
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