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Salient. Victoria University Student Newspaper. Vol. 38, No. 12. June 4 1975

2—5—75 — Excerpts of Lee's Speech in Kingston

2—5—75

Excerpts of Lee's Speech in Kingston

Singapore has the world's third largest oil refineries, after Rotterdam and Houston. Pre-October 1973, the demand growth rate was 8-10% over the last quarter of 1972.

In many cases, the poorer the country, the richer the leader or leaders. But it's not just the poor Third World countries that face the danger of more and more revolution.

Now Indochina has gone to the communists. Providing the rest of South East Asia understands that the priority is first to eradicate inequalities of wealth and opportunities, to reduce social injustice, and inculcate work-dicipline, we can make the adjustments to this new social order.

(Despite the impressive growth rate and being the third largest oil refinery in the world, the fact that is not so well-known is that 99.9% of the oil refinery is foreign owned.

Lee is a [unclear: gre at] speaker, a man with many promises, but what he says and implements are entirely different things. He has ruled Singapore since 1959, and ever since the rich have become richer and the poor poorer).