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YOUNG SOCIALIST ALLIANCE The May, 1960, issue of the "Young Socialist" (YS), page 1, column 3, disclosed that during April 15-17, 1960, a naticnal organization entitled Tne Young Socizlist Allience™ (Y5A) was established at Philadelphia, Pennsylvanic. This issue stated that this organization was formed by the nationwide supporter clubs of the publication Ys. The above issue, page 6, set forth the Founding Declaration of the YSA. This declaration stated that the YSA recognizes *the Seclalist Workers Party (SWP) as the only existing political leadership on class struggle principles, and that the supporters of the YS have come into basic politicel solidarity with the SWP on the principles of revolutionary socialism. On March 10, 1967, a source advised that the YSA was formed during 1957 by youth of various left socialist tendencies, particularly members and followers of the SWP. The source further advised that the YSA has recently become more open about admitting that it is the youth group of the SWP and that an SWP representa- tive has publicly stated that the YSA is the S¥Pts youth group. The headquarters of the YSA are located in Rooms 532-536, 41 Union Square West, New York City. ~ The SHP has been designated pursuant to Executive Order 10450. This document contains neither recommendations nor conclusions of the FBI. It is the property of the FBI and is loaned to your agency; it and its contents are not tc be distributed outside your agency.