The Daily Worker Newspaper, April 28, 1924, Page 4

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Page Four American Dollar Diplomacy in Action 000; mineral output increased from $2,118,300,0 $5,607,000,000; forest products $ 000 to $1,680,900,- 000. The national income of the United States has increased from $33,200,- 000,000 to $ 00,000 in this period. From 1912 to 1922 the total national wealth of the country in- creased from $186,299,664,000 to $320,- 803,862,000 or a gain of more than 72 per cent. Our merchant marine has grown from 5,427,536 tons in 1914 to 17,06: 460 in 19 Ships of American re- gistry carried 45.5 per cent of our foreign trade during the fiscal year ending June 30, 1923. In 1913 ships of American registry carried only 11 per cent of our imports and 9 per cent of our exports. America has become the banker of the world. The Department of Com- ARTICLE V. The World Banker and Manufacturer. The World War has given tremen- dous impetus to the expansion of American industry. America has be- come the leading industrial, trading and banking nation of the world. Abstractly one might still contend that the United States is a self-sus- taining nation. But we are already dependent, if not for our livelihood, at least for our prosperity, on the world market. Our wheat growers look toward Liverpool for the price they are to receive for their produce. The cotton growers of the South, as well as the steel workers of Pitts- burgh are closely interwoven with the markets of Europe. The World War has increased the dependence of the United States on the world for the dis- posal of its surplus. merce in its annual report has stated The tremendous increase of Ame-|that the world required no less than rican industrial interprises since the | $4, 100,000 to pay its current com- war can best be seen from the follow-| mercial obligation to the United ing figures. From 1914 to 1919 the| States. Since the armistice Novem- number of establishments in our in-| ber 11, 1918, European loans to the dustries rose from 275,791 to 290,105. extent of $1,146,750,000 have been At ‘the same time the number of| floated in the United States. In war Wage earners in these establishme! debts alone the allies owe America increased from 7,036,247 to 9,096,372.}over $11,000,000,000. America has ital invested in these in-| more than half the world’s gold. In rose from $22,790,979,937 to| the last calendar year alone the world 93,771, during this period.|has imported $332,715,812 in gold. The value of the product: se from| How rapidly the world’s gold has $246,434,724, to $62,418,07: 8. Forj|been drifting into the United States instance our iron and steel and their}can be seen from the latest figures products increased from $4,281,997,816 | of the Department of Commerce show- to $8,711,843,201. The value of our|ing that for the 11 months ending crops leaped from $6,112,000,000 to] November 1923, we imported $1,608,- $8,133,046,000; animal products $3,- 9 worth of gold. For the same 783,000,000 to $6,513,600,000; manu-| pe factures $9,878,346,000 to $17,697,000,-| 031. d in 1923 we imported $3,504,500,- Since the war only four Scan- TH dinavian loans have been placed in London at the total value of $37,000,- 000. At the same time there were ten loans placed in dollars in New York at the total value of $162,000,000. America has been turned from a debtor nation into a creditor nation. In 1915 the European capitalists held $2,704,000,000 worth of United States railway stocks and securities. Two years afterwards more than half of these holdings were transferred to American hands. In 1914 more than % of the stocks of the United States Steel Corporation were held in Eur- ope. Today the proportion is less than one tenth. Because of the great need for credit for their huge bor- rowings, France and England sent over the best of their gilt edge secur- ities during the war. “Thru the invest- ment of capital abroad the United States has become the silent partner in the fate of every established order in the world. In 1923 alone American capitalists bought foreign securities to the value of $410,000,000. Our foreign trade has increased from $2,- 250,822 in 1913 to $7,508,424, imports from $1,608,570 to $5,013,299. In 1917 the United States exercised political or territorial control over 67 per cent of the petroleum produced thruout the world, and over 72 per cent of the petroleum produced was in the financial grip of Wall Street. The 1913 oil production reports show that 72.5 per cent of the total world oil supply estimated produced was in the United States. Adding the quantity of crude oil imported, one finds that the United ‘States today controls at least 80 per cent of the world’s ayail- able oil supply. But nearly 50 per cent of our own petroleum resources SSS SSS HAVE YOUR PRINTING DONE IN YOUR OWN SHOP. From New, Clean Type On Our New Presses ANYTHING IN THE PRINTING LINE from a card to a newspaper can be printed in the shop of THE DAILY WORKER PUBLISHING COMPANY. Prompt Delivery, Reasonable Prices and every dollar of profit goes to make THE DAILY, WORKER a bigger and better paper. OUT OF TOWN ORDERS PROMPTLY FILLED. Telephone, Mail or bring in your printing jobs. Have your business friends get quotations on any printing they may need. Daily Worker Publishing Company, 1113 W. Washington St. Tel. Monroe 4712 ee DO NOT LET THIS HAPPEN TO YOU-.- Come to my office and get my personal attention My work and advice is absolutely the best—-My experience is worth consideration—11 years on the Same corner. Prices reasonable. 1® per cent to all readers of the Daily Worker. DR. ZIMMERMAN «DENTIST... CALIFORNIA AVENUE Extracting a Specialty Gas and Oxygen-—-X-Ray 2000 N. | conspicuous PITTSBURGH, PA. DR. RASNICK DENTIST Rendering Expert Dental Service for 20 Years 645 SMITHFIELD 8’ Near 7th Ave. 1627 CENTER AVE. ‘or. Arthur St. Res. 1632 S, Trumbull Ave. Phone Rockwell 5050 MORDECAI SHULMAN : ATTORNEY-AT-LAW 701 Association Building 19 S. La Salle Street CHICAGO Dearborn 8657 Central 4945-4947 DR. ISRAEL FELDSHER Physician and Surgeon 3803 ROOSEVELT RD. Crawford 2655 Hours: Morning, until 10 a, m. Afternoons, i to 3 and 7 to 9 p. m. PHILADELPHIA READERS, ATTENTION! Demonstrate Your Solidarity With the Starving Ger- man Working Class Attend the INTERNATIONAL BAZAAR THURSDAY, FRIDAY, - SATURDAY . ROOM TO RENT Furnished room for light housekeep- ing. Bath. F ly With Mandel Bros. May Ist, 2nd and 3rd/f *°"UphovsTERING done in your own home very KENSINGTON LABOR LYCEUM , <. easonabie. 7 2nd and Cambria St. | Call REPUBLIC 3788 Tickets 25¢ for one day; HELP WANTED 50c for three days LEARN THE BARBER TRADE On sale at 521 York Ave. and at 340| 20 lesson book, $1.00. C. D. Raymer, So. 6th St. 1330 F. First Ave., Seattle, Wash, Auspices: INTERNATIONAL WORK- ERS’ AID, Philadelphia Conference, FS . . DO YOUR WORK AT sven, ty ataricer J. KAPLAN’S CLEANERS AND DYERS Expert Ladies’ and Gent paulding PORTNOY & CO, and Decorators SUPPLIES Ww and Old Work E DAILY WORKER By JAY LOVESTONE. in the United States have been ex- hausted. Thus about 7.8 of the esti- mated world oil resources now lie out- side of the United States. This ac- counts for the growing attention that the United States is paying to Mexico, the Caribbean republics, and the South American republics which fall in the second greatest oil area in the world. Of the supply of corm estimated as having been raised in the world in 1923, the United States produced a quantity more than*three times as great as that of all the other produc- ing countries combined. Nearly three-fourths of the world’s known coal reserves are in North America, More than half of the world’s supply is in the United States. Out of the estimated supply of coal produced in the world in 1923, 1,335,- 000,000 metric tons, 43.5 per cent were produced in the United States. A noted French economist summed up the European view of the American imperialist pawer in this fashion, “One fact dominates all others: the rise of the United States to world hegemony. Lord Robert Cecil has compared the position of the United States after the great war with Great Britain after the Napoleonic wars. That comparison is not quite exact; because the British hegemony was even essentially European while that of the United States today is univer- sal, controlling an immense reservoir of raw materials of manufactured pro- ducts, and of capital, the United States has become an economic centre in connection with which all the world must work and trade.” (To Be Continued Tuesday.) LUMBER TRUST CONSPIRACY AIDED BY DAUGHERTY, FEDERAL TRADE COMMISSIONER SHOWS By LAURENCE TODD (Federated Press Staff Correspondent) WASHINGTON, April 27.—Every man, woman and child in |the United States has been compelled to pay tribute to the pirates | of the lumber trust, shielded by the department of justice while | taking atleast $25 per 1,000 board feet in excess profit during the |last four or five years, Chairman Huston Thompson, of the fed- jeral trade commission, told the senate committee probing the |lawlessness of former Attorney General Daugherty. Whether the Weyerhaeusers, the Kirbys and the other decessor, Palmer, in the war they have waged upon organ- ized labor, and upon the I. W. W. especially, as they secured the help of these officials in robbing the general public, was not brought out in testimony. Hanged Frank Little. It is significant, however, that the leaders of this steal, which involved literally hundreds of millions of dollars taken from the | Pockets of the home-builders, tenants jand the consumers who pay all the |costs of business, were the dark fore-|tWo lawyers from Columbus, 0., came es behihd the lynching of Frank Lit- tle, in Butte, the jailings and killings thruout the northwest and California and Utah, and are the forces that stood behind Palmer and Daugherty in their lies concerning the evidence upon which the I, W. W. political pris- oners were sent behind the iron bars. Conspired to Restrict Production. Thompson explained that the South- ern Pine Association of which John Kirby of Texas, has been one of the chiefs, was investigated by the com- mission in 1920, and in the summer of that year a formal report was made to the department of justice. The commission urged Palmer to be- gin criminal prosecution of Kirby and his associates under the Sherman law. The commission gathered, analyzed and turned over to the department of justice some 22,000 letters and docu- ments, proving a conspiracy to fix prices of lumber to the retailers sad to restrict production. Thompson handed to Senator Brookhart, Senator Jones, Senator Wheeler and Senator Moses a series J of big charts, sent out weekly to all members of the Southern Pine Asso- ciation, showing three red-filled tubes in a “trade barometer.” The three columns represented orders, ship- ments and production. There was a “key” which explained to the manu- facturer that when shipments or or- ders increased, a lower production and higher prices were indicated. By the use of this price-fixing scheme, which had been agreed upon in meet- ings of the association, the average price of southern pine was moved up from $15.29 a thousand in 1915 to $50 a thousand at the period of the in- quiry. The profits of the manufaq turers were $25 a thousand higher than they had been at the time the price-fixing was begun. Daugherty Wouldn't Prosecute. Daugherty came into office in Mar. 1921, to find that one Mitchell, a law- yer under Palmer, had filed a bill in equity in court at St. Louis, to enjoin this illegal setting of prices. Mitchell had started several other cases, on less evidence and won them in the United States supreme court, But Daugherty failed to take any further action. The price-fixing still goes on, Similar schemes were worked, and are still being worked, by the West Coast Lumbermen’s Association, the Western Pine Association, the Hem- lock and Hard Wood Association, the neem |lumber barons secured the collusion of Daugherty and his pre- groups.. The West Coast Lumbermen, second in importance only to the Southern Pine, were brought into al- liance with the latter, and no crim- inal or civil action has even been begun against them. Daugherty Yields to’ Conspiracy. Senator Wheeler brought out, by questions to Thompgon and to his assistant, W. B. Wooden, who has spent several years on these cases, that Daugherty lost all interest in prosecution of the lumber crowd when here and consulted him on behalf of the conspirators. It was reported that Daugherty seemed exceedingly inti- mate with these visitors, and that one of them was J. EB. Todd, his for- mer law partner. This J. E. Todd has appeared in many lines of activ- ity requiring the delivery of the favor of Daugherty as showh in testimony before the committee. “Either I am crazy or the world is crazy,” jubilantly wrote Manager Case of the Weyerhaeuser Sales Co., in one of the. letters read by Thompson, showing that pine flooring had sold at $90 a thousand in Nebraska. A big campaign on the part of cler- gymen, school teachers and women’s clubs, to “Own your own home,” was financed by the Southern Pine Associ- ation—and then it boosted the price of lumber a few more points. Leaders of Crooked Combine. Leaders in the Western Pine Assn., Wooden said, are the Anaconda Cop- per Mining Co., Blackwell Lumber Co., Weyerhaeuser Sales Co., Boise-Pay- ette Lumber Co. and Crookston Lum- ber Co, The statute of limitations against the officers of these and other companies gutlty of criminal con- spiracy has not expired. But the fed- eral trade commission does not ex- pect to see the criminals punished, nor price-fixing against the public curbed, under existing conditions in the administration. 5,000 Tenants Plan To Strike Against Landlords May Day Forty Jewish trade unions with a membership of over 5,000 were repre- sented at a meeting which organized for a rent strike against the May 1st increase in rents. A Tenants’ League was organized at the meeting, held at 2242 Le Moyne street, and the union representatives decided to advise their members not to pay the increase in rents and not to move. “Until we force measures thru the legislature curbing the rent-hogs, we must refuse to pay the advance in rent,” Louis Benanshon, chairman, told his audience, J. Ritchie Patterson declared in an address before the Women’s City Club that coal is no higher, janitor service is no higher, labor is no higher, and taxes are no higher, so there is ro reason for the increase Maple Flooring Association, and other |in the rents this year, Wad nee! & Money Oligarchiy’s Record In Ancient Judea Is Exhumed By The Federated Press) WASHINGTON, April 27-—-Striking parallels to modern economic cycles are found in the development of cap- italism and despotism in ancient Judea, as shown in’ the book Bible and Labor, by Father Joseph Husslein, S. J., editor of America, and published by Macmillans, “The long arm of the heartless ex- ploiter of the poor reached to every corner of the land,” he says, dealing with the period after the breakdown of the primitive land laws. “Exorbi- tant profits remained in the hands of unscrupulous middlemen. Great for- tunes were accumulated by princes and merchants, while the people sank into the poverty that degrades. Col- lusion was common between the men in public positions and the oppressors of the poor. Not merely were judges bribed, but the laws themselves were written to accommodate rich clients. False prophets and idolatrous priests brought the power of religion to the support of the moneyed oligarchy. . .. The last stage had been reached into which the great nations have drifted in their turn, a stage of national wealth and national corruption, with excessive riches in the hands of a few and excessive poverty the lot of the many. The Hebrew nomad, the He- brew farmer, the Hebrew empire builder, had now at length become the Hebrew proletarian.” LAWRENCE, MASS. Alois Alegucenni T. Veccauterer Gustave Demeyer Louis Dhonas Georges Leon Arthur Raepaet Arsene Stevens Ubain Callebrat John Vermerilen Pierre Claus B. Dechild Arthur Deleu Emile Lamaire Van Overivep Charel Van Mullen Charel D. Visch Gulls Dr. Visch Gulls Dr. Bock Gilbert Vandenhecke Achille Galle Joseph Hardy Albert Wornez Arthur Loreby Jules Vandenbroinke Gustave Maxpuelin Cyrille Declareg Julien Masquelin Charley Stealens Georges Cottens Emil Valek . Achille Caskin Arthur Cleags Victor Huysentruit Joseph Delepser Maral Dchie Alfred Leman Max Carrstte ‘ Henry Vandker ns Paul Engels Leon Lava Henry Aspeel Henri Boone Clementian Boone Cc. Vesage A. Deesmulier C. Despres Victor H. Feijs. MARENGO, WISC. Joseph Hill Walter Somppi . Jalmer Mastta John Mary & Voitto Waisanen Mr. & Mrs. John Kaaraja Miss Ellen Matta Matt J. Mattson Nick Pumala John Reini Lila Ofala Mr. & Mrs. H. Maatta Steve Turk Luje Maronichze M. Butonack John D. Mitshell Nick Diskon Alex Lindgren Matt Simoffover Joe Del J. Sver E. C. Rasita WAUKEGAN, ILL, Kalle Koski Axel Finnita J. Moiki Wm. Nykanen Tonre Jacobson Mike Harju Vilho Pekkala Antti Hrihtala Otto Katainen Iimar Aunio August Murto August Niemi Chas. Laine Matt Laine Hilma Koivula Peter Schvonen Matt Nenonen Laimi Eli Simpson Adolf Hannula Rovert Tuomi J. Halikka Frank Benhe Waino Lehto nn HAZARDVILLE, CONN, Eda and Everett Luota ANTI-GHILD LABOR FIGHT AGAIN BEFORE CONGRESS FOR ACTION WASHINGTON, April 27.—Twice thwarted by decisions of the Supreme court, federal regulations of child labor was to be taken up by. the house in the form of a constitutional amend- ment. “ Congress previously passed laws reg- ulating interstate commerce in child labor products and taxing commodi- ties producted by child labor, but in each case the Supreme Court ruled the leglislation unconstitutional. A large majority in the house had declared itself in favor of the resolu- tion when it was brought up, but con- siderable doubt existed as to whether the majority was sufficient to secure the necessary two-thirds vote. Under the special rule granted for consideration six hours debate will be allowed before the vote. Slogans of Yellow Unions, BERLIN,—Three slogans will mark the celebration of May 1, the interna- tional workers’ day, in Germany this year, according to the May day proc- lamation issued by the General Fed- eration of Trade Unions. These slo- gans are: “Maintenance and Restora- tion of the Eight-Hour Day,” “Rees- tablishment of Social Legislation, and “Defense of the Democratic-Re- publican Constitution.” OWEN, WIS. M. O. Kangas Henry Cast WILTON, N. D. Anton Nelson Frank Erickson JOLIET, ILLINOIS Albert Schuettler Henry Murray| Albert Gould Chas. Bramson Mtrtin R. Merrisey MADISON, ILL. Peter Elieff M. B. Markoff Steve Urlich Blagoy Inshleff W. Dimitroff Elia Kristoff Steve Doneff L. Takeff S. Pirovsky M. A. Stroyoff George Kmeff Anton Mibhailoff Asen Kolchakeff John Kolchakoff George Todoroff L. Marcovsky P. Sidertf Ch. Parashkevoff George Faykoff S. Tsankoff George Karalieff Mive Staraloff John Klasheff Sam Pinzoff St. Dimitrotf NORTH BESSEMER, =ENN. Mike Mihxtich Nick Lavetin John Wucich Ysif Yales Nikola Kartalia | Mike Zutezahe | Sabaturo Deiorio Ben Napara < John Oswald Tvan Rozanrovic Mrijk Jakopec Kleja Vrgcar Steve Lpolousck Peter Vranesevich Janke Mik: Lwaik Bogdan Marko Vyloveki Geo. Minerich Strenk Stroin PARIS, ILL. G. Zorji Frank Maimic John Siniric Frank Tik Mike Marctu W Anton Mravije Frank Mrak Frank Gorsa John Frankone Frank Salbego John Salbego. Mike Naumoff —_ SAN MATEO C. L. Person B. J. Conroy Nick Sutalo 0. E, Aallam Jack McLeod Frank Culhhirton R. E. Fitzgerald LOS ANGELES, CAL, D. MOUNTAIN VIEW, CAL. Matt Churin N. G. Nicholas M. N. Giaya Chris Dodig John Plecas Nick Primorac John Ratkovic Geo Bugunovic Mrs. Mary Bogunovie John Knezevich Mary Jugum Helen Jugum Monday, April 26, 1924 Poor Man To Pay, ~ Rich Man’s Family | For His Accident By The Federated Press: OAKLAND, Cal., April wt happens when a rich man runs do’ and kills a poor man You know the, answer—his insurance company seb tles the matter out of court and the rich man gets off with a fine or a light term in jail, But when Peter Torres, a poor man with a family tq support, accidentally eaused the death of Antone D’Avila, wealthy San Leam dro banker, Judge Wood ordered him to serve’ five years on probation, t¢ pay $265 court costs and his board while in jail awaiting trial, never tq drive an automobile in his life again, and to pay $15 a month to D’Avila’s family for 20 months. The slain man’s attorney objected that the relatives did not wish to accept this money, but the judge waved him aside and said to Torres; “Altho you are a poor man and D’Avila’s family {s rich, J want you to make this payment so that you will be reminded each month of your responsibility for the acct dent.” Jap Labor Seeks Suffrage. TOKIO.—The worldwide agitatiot among labor organizations for action on the political field is reflected in the resolution of the Japanese General Federation of Labor to. work for uni versal suffrage. A reactionary mili tarist cabinet is blocking the 13th am nual convention of the federation, More May Day Marchers | COLLINSVILLE, CONN. William Jardstrom Anna Jardstrom Henry Ruska Helge Ruska Ida Oja August Maki HenryAhgren and Family Minnie and Martin Jarvi BRIDGEPORT, CONN. P. Hecun F, Younkalski J. Modzelewski A. Zaremski F. Szematowich W. Nemec VINELAND, NEW JERSEY ) Samuel N. Barns Jésephine Pilla H. Roman James Badame Pantine Romeo Sohotess Emburgio Tina Masseno Gertrude Schofield Max Summergrad Angels Rossi Elie Anvergsias Pete Chinnia Elliss L. Bank D. Bank J. Jusim Antonino Fotera John D sO Frank Ferione CANARD, NEW HAMP. : f. Eric Carlson Manfield Anfenan e Gust Cartmon Algot Hervikson 8. R. A. Carl A. Fridlund Ed. Ganson : Ernest Frisiund Gust Alien ‘ Axel Gadisstram Carl Edmar A. Turnquist Aug. Jurissa Gust. Johnson E. B. Andersos Hatmar Larson Ernest Kenay Pearson John Minden Fred Swanson Alfred Harty Emil R. Johnson Robert Johnson NEGAUNEE, MICHIGAN Wh. Henrickson t f Yuhn Pautane Henry Pasanen FREDERICK, SOUTH. DAK. Isaac Lind H. Eskomen V. Shiman Ed. Lainen Aug. Earhit Eino Forsty Arvi Fossty Arthur Peldo John Erikkila John Henrickson H. Taugen J. P. Wirtala Fred Boussi Oscar Tangen Waine Waare John Alatals Andres Laine J. G. Sumption Herman Krissman Ed. Kirksman ¥ A. Baldwin Fred H .Gersanen f Matt Niro t Henry Heis ‘ SPOKANE, WASHINGTON

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