The Daily Worker Newspaper, February 21, 1924, Page 1

THE DAILY WORKER RAISES THE STANDARD FOR A WORKERS’ AND FARMERS’ GOVERNMENT VOL. I. No. 345. POINCARE AND BANKERS ARE FACING RUIN Loans To Fascisti Nations Blamed For. Frane’s Fall (Special to The Daily Worker) PARIS, Feb. 20.—The frane opened today at 2420 to the dollar—only a fraction more than four cents each, or one- fifth the pre-war rate—as the Poincare’ government reached TH Subscription Rates: Outside Chicago, b; In Chicago, by mail, $8.00 per year. frantically for some method of halting the monetary disaster that is overwhelming his cabi- net. A secret meeting of cabinet members and banking experts was called in the premier’s home in the hope that a way might be found of arresting the slump which is leading to financial bankruptcy and which will destroy the Poincare gov- ernment’s chances in the com- ing elections. Look to Reparations Experts. No official information was given out after the conference, but it was understood the premier demanded speedy action by the reparations experts now trying to solve the German reparations question, and immediate adoption by the Chamber of Deputies of the entire govern- These n es, the premier Tieves, are the only ones that will prevent continuation of the mone- tary confusion and resultant fall of his cabinet. 1 Newspapers today admitted the fall of the france’ is due primarily to. selling by French interests in . Paris, but generally said the collapse has been hastened by government blun- ders. The textile industry, it was said, has been upset by the government’s prohibition of wool exports and sell- ers of foodstuffs have been affected by the closing of the produce ex- change. Foreign Loans Blamed. Pertinax, widely known political writer, blamed the extensive credits granted to foreign nations for t! slump. HARE “The franc is falling because of loans launched outside of our budget necessities,” he said in the Echo de Paris, “Let France define clearly her bud- get balance for the coming year a! the france will rise again. Unless that is done financial resuscitation is He referred to the huge loans to Poland and other Fascisti nations for military use against Russia. POINCARE YIELDS T0 DEMAND FOR GERMAN CASH MORATORIUM (Special to The Daily Worker) PARIS, Feb. 20.—Premier Poin- core ts sone ok Bshoar the main suggestions com- mittee anor one for rehabilita- tion of Germany so that she can pay reparations, the Petit Journal declares today. These suggestions show a remark- able series of backdowns. They include: 1—A cash moratorium for Ger- many, 2.—Creation of a German gold bank. 38.—Suppression of Franco-Belgi- an control of the Rhineland rail- ways in order to permit an inter- national society to take up the ad- py rapes of all German rail- 4.—B8u custom) ba: 56.—An interior German loan in corners a SOUTH BEND, Ind., Feb. 20, — Parole officers went to N. Y., today to take Edward Thom, 22, who escaped from a state reformatory le of- ficer last week and fled his wife in a rented car. j > ppression of the Rhine It triers, y mail, $6.00 per year NEXT! All Union Action Against Boss is Called ‘Conspiracy’ by Prosecutor in Chicago Upholsterers’ Trial The question whether it is possible for a labor union to carry on strike activities without running foul of the employers’ laws is raised in the important trial, which began yesterday in Judge Wells’ court room in Chicago, of the five union men, held on boycott charges as the result of the upholsterers’ strike, The right of a union man to refuse to work with scabs is also at issue. one of the five, held on boycott counts charging him with con- spiracy to wreck the business of the firms against which the strike was being conducted. May Bosses Usurp Government? Another question which is raised is the right of employers’ agents to take over the state attorneys’ office for strike-breaking plots as Dudley Taylor, attorney for the Illinois Em- ployers’ Association was permitted to do in questioning the five men now held for conspiracy. The first day of the trial in the cireuit courtroom was featured by the statements to the jury of the state and defence attorneys. Assistant States Attorney Roman, | o¢ outlined the prosecution line of argument in bare faced fashion to the non-union jury. ts Romano's Scab Philosophy. Romano declared that the laws re- lating to “conspiracy” must be inter- preted in the broadest possible fash- ion. He asserted that mere concert- ed action on the part of the defend- ants must be held as sufficient proof of “conspiracy” to ruin the business of the employers. Romano added that it would not be necessary to show that the defendants had ever met together to plan this concerted action. This, he said, because the (Continued on page 2.) Fred Jurish, a member of the painters’ union, is Jackass Leader Visits Mule State on His Way West KANSAS CITY, Mo., Feb. 20.— Three hundred persons gathered at the union station here today and ‘reeted William G. McAdoo, candi- date for the democratic presidential nomination, when he passed thru en- route to Los Angeles. McAdoo left the train, mounted a baggage truck and spoke about ten minutes to the cheering crowd. McAdoo declared the Teapot Dome disclosures “threaten American dem- racy, ‘ “There can be no “more serious menace to our country then when cabinet officers prostitute their trusts.” he said. “The oil investigation is a question prdhores life of the American nation Easy ey. Authorities today sought two men, who, with the aid of a small stick and a wad of chewing gum, stole $50,000 worth of government bonds from the Peoples ist and Sa’ Bank here yesterday. The bonds di appeared from a cashier’s cage dur- ing the absence of a clerk. 's Cruel World To Millionaire (Special to The NEW YORK, Feb. 20.—The 000 more out of the ma testified esta: that some of tailoring, $3,300; automobi porcninyelakse $500; Reuben and gifts, Kid With Doggie’s Board So High Dally Worker) re gh Scones rg son of the late J. Arthur Hinekley, millionaire, been ge He finds this nee, a $15,000 lly for his li asked Ma ceria, @ hs tint his li re expenses were as follows: i ane $2,000; dog’s The poor kid pointed out that this represented sheer poverty. ‘RUSSIA ONLY LAND IN EUROPE WITH STABLE FINANCES Soviets Now Calling in All Paper Money (Special to The Daily Worker) NEW YORK, Feb. 20.—Two cables from Moscow received in New York tell of the great strides toward eco- nomic stability made by Russia in the past year. The first received byb the Russian American Industrial Corp., from its representative in Moscow, states that the Russian Commercial and Indus- trial bank, which finances most of the state industries, including the textile syndicate, made a profit last year of two million gold rubles, the equiva- lent of about $1,060,000. A dividend of 8 per cent has been declared and the capital has been increased from 20 to 40 million gold rubles. _ It is thru this bank that the Rus- sian American Industrial Corp. has sent over $5,000,000 into Russia since January of last year. The bank’s deposit operations have in- ,creased 50 times in the’ past year, and it now has a total of 36 branches. The second cable came from George Wishniak, Moscow corre- sponent of the Freiheit, Jewish daily. Beginning Feb. 16, he cabled, Russia ceased to print paper money. government plans to call in all its paper currency, This is not as diffi- cult as it might sound as the total | value is no more than $30,000,000, altho its face value could not be written with less than a half dozen lines of ciphers. Russia has already gotten into cir- culation $150,000,000 worth of the chervonetz—10-ruble gold notes. These notes are ady worth more than the English pound—which has the same face value, Gold and silver coins are also being poured into cir- culation. This news of the stability of the finance system in the Workers Re- pe comes while the French franc beginning to chase the German mark downhill and the currency sys- jcharges yesterday by Senator E DAILY WORKER. Entered as Second-class matter September 21, 1923, at the PostOffice at Chicago, Illinois, under the Act of March 3, 1879. THURSDAY, FEBRUARY 21, 1924 <q» ONE DROP OF OIL SETTLES DAUGHERTY Fate Hangs In Balance As Probe Starts (Special to The Daily Worker) WASHINGTON, Feb. 20.— Attorney-General Daugherty will be asked to resign from| the cabinet if he is connected by one specific fact with the Teapot Dome oil scandal. This was the information from reliably informed quar- ters today. At the same time it was indicated Daugherty was preparing a statement, re- plying to the _ sensational Wheeler, Montana, author of a resolution for a senate inves- tigation of Daugherty’s ad-! ministration. Wheeler charged that the de- partment was protecting crooks; that Jesse Smith, a close friend of Daugherty who committed sui- cide here a few months ago, ac- cepted money in connection with cases before the department of justice; that Daugherty was a friend of E. L. Doheny and Harry F. Sinclair, lessees of the naval Oil reserves; that Daugherty and fia ra Matoan owner of the Wash- on Post, conferred _ be iy ng belive that at Pate We | _ McLean has figured in the senate investigation and is now under sub- Poena to appear again. Harry Payne Whitney, millionaire New York sportsman, who was as- sociated with Harry F. Sinclair, testi- fied before the committee in execu- tive session this morning. He was accompanied by his lawyer. . Whitney was questioned by mem- bers of the committee as to his pur- chases and sales of mammoth oil stock. Whitney told the committee that he now owns more than 100,000 shares which he accumulated from various sources. He was before the committee half an hour. Harding Secretary Quits Under Fire, For Federal Post Daily Worker) WASHINGTON, Feb. 20.—George B. Christian’s nomination to be a member of the federal trade commis- sion was withdrawn from the senate today by President Coolidge, C. Bas- com Slemp, the president’s secretary, announced, Christian requested Mr. Cool- idge to withdraw his name, His re- quest for withdrawal followed testi- mony by Huston Thompson, chair- man of the commission, that Chris- tian tried to influence him with re- spect to a complaint against the ‘amous, Players-Lasky moving pic- ture concern, Christian was to have appeared late this week before the senate interstate commerce commit- tee in connection with Thompson’s testimony. ane Christian was secretary to the late President Harding. Dry Fight Continues. NEW YORK, Feb. 20.—Arthur J. Davis, new superintendent of the New York State Anti-Saloon League, moved into the League’s little office here today—and prepared to take up the fight to “dry up the greatest city in the world.” Know a worker who needs a working class education? Get him to read THE DAILY WORKER. Published Daily except Sunday by THE DAILY WORKER PUBLISHING CO., 1640 N. Halsted St., Chicago, Minois. Wheeler Charges Daugherty Ally of Crooks; Ships Idle as Meat Famine Faces London DAUGHERTY’S HEAD IS DEMANDED BY | LODGE AND PEPPER |) (Special to The Daily Worker) WASHINGTON, Feb. 20.—Sena- tor Lodge told President Coolidge today in a hurried White House conference that Attorney-General Daugherty must resign. Following Daugherty’s~ public statement that he had no intention of quitting, Senators Lodge and Pepper rushed to the White House .and went into all details of the matter with the president. Lodge was extremely frank in informing the president of the de- cision of several republican cau- cuses that have been held in the last few hours which is, that the president should get rid of all cabi- net officials involved in the oil scandal. White House officials would make no announcement, following the departure of the senators, as to what action President Coolidge | would take or how soon his position would be made known, DOHENY SAYS HIS FRIENDS “BARKED WITH WOLVES” Is Bitter Against His Former Pals ~NEW. ~Feb..20.—K... L. Do- heny, in an interview here ae CY Barron of the Dow-Jones financial news service, voiced bitter enmity to- ward the former friends who had run to cover when their connection with his enterprises was disclosed. Speaking of his final impression of the investigation, Doheny said: _ It reminded me of old times in the middle west when one of our dogs at the mating season joined the wolves. The wolves would sur- round our camp at night and I could hear my own dog barking among those wolves as they howled around us. It seemed to me when I was on the stand in Washington that I could hear the bark of my own friends in the pack of political wolves, Much significance is attached to the comparison of the dogs and wolves made by Doheny by close students of politics who hgve been estimating the effect of Do’ieny’s at- titude on the McAdoo candidacy. It} is recalled in this connection that it was the custom of prospectors to make every effort to shoot the dogs who deserted them and joined the wolf packs. “A lot of people in this country are trying to run the American people off their feet,” said Doheny, referring to the investigation of the oil lease scandal, Defends Lease. He defended the lease he holds on naval oil reserves in California and explained his statement that his com- panies ought to make a profit of $100,- 000,000 from the reserve, “Naval Reserve Number One con- sists of approximately 32,000 acres of land. Under the most advantage- ous conditions that could exist—if it were all loose sand, high gas pressure and light oil—it woula take at least one well for every ten acres, that is 8200 weils for the 32,000 acres. “Under ¢onditions which have thus far existed and now exist, those wells will cost $30,000 to $40,000 to the well. Wells at Santa Fe, Signal Hill and Huntington Beach cost an aver- age of over $100,000 to the well. “Thirty two hundred wells at $35,- 000 to the well would represent an investment of more than $100,000,000 for the cost of the wells alone.” 100 per cent profit is considered high even in the oil industry. Warrior For Democracy Steals To Save Wife and Kids From Starving (Special to The « ST. LOUIS, Feb. 20.—George Bla under arrest on a charge of stealing Marie ke. He the out of employment two mon children were hungry. His story was investi; Dally Worker) nford, a war veteran, was placed $7 in cash from the home of Miss he took the money because he had been unable to find a job, and his wife and two | Governor ated and found correct. Miss Lampke refused | ond tem of other capitalist nations is de-| to prosecute. “Give the wife that $7,” she told the young man, The district Workers! Farmers! Demand: The Labor Party Amalgamation jon of Unorganized id for the Users The Industries for the Workers Protection of the Foreign-Born Recognition of Soviet Russia Price 3 Cents PLEDGE FULL AID TO BIG DOCK STRIKE Trades Congress | May Call Out Other Unions (Special to The Daily Worker) LONDON, Feb. 20.—Ship- ping companies affiliated with the Federation of British In- dustries held a secret meeting today, it was learned. No pub- lic announcement of the pro- ceedings has been made, but it is understood that great alarm was manifested at the success- | ful efforts of striking dockers, not only in pulling out their own men, but in persuading other trades to quit. The extremely small quan- tity of freight that is being handled is moved by the ex- ecutives and clerical staffs of the shipping companies and the attitude of the strikers toward their admittedly feeble efforts is one-of amused contempt. U. S. Mai} Halted. More than 5,000 bags of American mail is held up at Plymouth and the | British postoffice authorities, when | interviewed by angry business men, disclaimed all responsibility as the mail. wag still. on the,.skeamshin.ten-___2< «|ders and technically not in the cus- tody of the postoffice. There is no doubt that any attempt by the government to land the mail would occasion bitter resentment among its supporters. The executive council of the Trades Union Congress has vot- ed to give the striking dockers all the assistance in its power; it is be- lieved that the assistance will take the form, first of financial aid, but there is little doubt but that the council will call out other unions if it appears necessary Strikers Strengthened. The strikers’ position has been strengthened by the publication of the government cost of living figures showing that prices are higher now than when the two-shillings, for which the dockers are striking, were deducted from their pay. The admis- sion of the shipping companies that their profits in 1923 averaged 714 | per cent increased public sympathy for the strikers, Ben Tillet, head of the Transport and General Workers’ Union, has announced that there is “no likeli- hood of the strike ceasing for sev- eral weeks” unless the demands of the union are granted. ‘ Seamen Rebellious. The liners Doric and Tyrhennia were able to dock today only with the aid of the officers and employes of the purser’s department. The crew of the Orcoma has ®e- fused to sign on unless the provi- sions requiring them to work cargo are eliminated. Danish, Dutch and Norwegian fish- ing vessels are not entering British ports both because their cargoes (Continued on page 2) Coolidge May Quiz bregon on Art of Holding Power WASHINGTON, Feb, 20.—Presi- dent Coolidge today took under con- sideration an invitation to meet President Obregon of Mexico at Al- buquerque, N. M., on March 28 at the annual convention of the United States Good Roads association and the Bankhead Highway Association, The invitation was extended to the president by a delegation which call- ed at the White House. The presi- dent said he would neither accept nor refuse it now, but would make every effort to accept it if official business permits. President Obregon will shortly re- ceive a similar invitation to be pres- ent at the convention. Menibers of tne delegation included Larrazola of New Mexico, Sezator Holm Bursum, New Mexico, Congressmen Morrow, New ‘Mexico; Bankhead and Jeffers, Ala- police captain says he will help Blanford find a bama. Think of “A Week”--Turn To Page Three ? What Do You » \