The Daily Worker Newspaper, February 24, 1926, Page 2

| | | if i Page Two GREEN SCOLDS U.S. FINANCIERS IN NICARAGUA porters called by Roy Wier, organizer here in the general assembly room of | Asks His Friend Coo-| lidge to Intervene (By Federated Press Staff Correspondent) | WASHINGTON, Feb. 22.—Charges! expression in the state convention. that certain financial elements of the United States are working hand in| hand with Gen. Chamorra, who has/ established a military dictatorship in Nicaragua, in order to obtain contro! of the stocks and shares of the Na- tional Railroad and the Bank of Nicaragua, are made in a letter ad- dressed by William Green, president} ©f the American Federation of Labor, to Secretary of State Kellogg. Green requests that the state de partment inform those financial in- |€erests that agreements made while ;the “constitutional” government has} been usurped will not be approved or Protected by the American govern- ment. Referring to conditions in Nica Tagua, as reported to him by his friends in Nicaragua, Green states: “The most important cities of the jfountry are occupied by troops un- {der a military dictatorship that has in- ugurated General Chamorra, in com- ' bination with commanders, Adolfo Diaz {@nd Carlo Guadra Pazos. The follow- @rs of General Chamorra have re- jmoved illegally those representatives yet congress who have been elected by j the people and have appointed to ; their positions those that have been |defeated. Owing to this violent «change, there have been arrests made, | Persons wounded and killed, confis-| 'eations, suppression of independent} newspapers and denial of the right to hold meetings. The workmen are be- fng forced to work in the building of military fortresses or roads without salary or food.” Green is Surely “Green.” The negotiations that are being con- ducted between American financiers and the Chamorra government are de- clared to be a dishonest attempt to bind the people of Nicaragua while they are at the mercy of the dictators. “The people there have asked the federation to make appeals to you,” President Green declares, requesting that the state department of the United States shall “let it be known to these people that they cannot ex- pect any approval of any such negotia- tion, but on the contrary anything that may be done in that respect shall be left to their entire personal risk in their financial business.” NEGRO WORKERS HEAR WHITEMAN AT YOUNGSTOWN YOUNGSTOWN, O., Feb. 22—Lovett| Fort ‘Whiteman spoke here to agroup/ of Negro workers from the local steel mills. They were very much im- pressed with his presentation of the struggle of the Negro workers, and how | the American Negro Congress pro- posed to solve the problems. After the meeting was over they organized a committee from their ranks to meet with similar commit- tees from New Castle, Warren, Sharon | @nd decide on ways and means to bring about a more close and a better! union of the colored workers and the | ‘white workers of the towns in the two | valleys where it was shown them by| Whiteman that some 25,000 of their | race ‘e toiling long hours for the most miserable pay. Organization is the means Whiteman told his hearers by which they can better their condi- tion. Many subs to the Negro Cham- pion were sold. Soviet Union Building | Huge Glass Factory (Special to The Dally Workers LENINGRAD, U.S. 8. R., Feb, 22.— A new modern glass factory is un- der construction in Bielt Bychok, Cherepovetz province. When com- pleted it will be the largest mechani- cal glass factory in the Soviet Union. The equipment will consist of 30 of! the very latest type “Turko” ma-| chines. The output will be over! 2,000,000 poods of window panes an- nually, OVER THOUSAND NEGRO WORKERS PACK BOSTON HALL; HEAR WHITEMAN BOSTON, Mass, Feb, 22.—Over a thousand Negro workers packed the hall here to hear Lovett Fort-White- man, national organizer of the Ame- rican Negro Labor Congress, speak on the problems of the Negro work- ers in America | tained, 5 organizations were present, no unio: delegates to the state convention will dressed the meeting were apparent fr clubs could be represented county conventions, At one blow they distranchised thousands of workers and farmers organized into co-opera- tives, Workman’s Circles, and other | bona fide organizations of the pro- ducing classes in Minnesota. Second- ly they maintained that no delegate elected directly from unions or any other organization will be seated in the state convention. Only delegat from county organizations will be re- | cognized. This will place the control | of the party into the hands of a small | group of experienced politicians in each county and exclude the represen- | tation of the needs of the exploited | farmers and workers of the state, Another step taken away from the | rank and file was made when it was announced that the state convention will be held in some small town of the Twin Cities—like St. Cloud. Meet Again Feb. 28, Of those attending the meeting, al selected few took part in the discus- | sion, All proposals were approved un- animously. A committee of 10 was chosen to visit unions to secure affi- liation to the Hennepin county central committee of the association, Then a meeting was set for Sunday after- noon, Feb. 28th, 2 p. m. at which the prorating of delegates to the county convention will be approved. The reports of Mahoney, Starky and of Magnus Johnson spoke again and again for rank and file endorsement, but were opposed to rank and file re- presentation in the convention. Ma-! honey attempted to outline the straight and narrow path the Party must follow “to attract all elements.” He said the party must be steered away from “idealists and extremists who disturb our movement in pursuit of their hobbies.” Ex-farmer-labor senator, Magnus Johnson then spoke on the necessity of the workers and farmers getting to- gether. After him, Frank Starkéy made @ campaign speech for the St. Paul ticket. He did not mention the concessions made to the O’Connor machine in the shape of the “partial ticket.” Some pertinent remarks were made by Brother Alexander, business agent of the Electricians No. 292. The farm- erlabor party must begin to exercise control over the men they elect to of- fice, he said. “In the past we have en- dorsed and elected men who came to us with requests for support. . These men often ignore the demands of or- ganized labor after they are installed in office; even when petitioned by or- ganized labor.” It is evident that a small group of professional politicians in St. Paul are attempting to take the party which the producers of Minnesota have created at great sacrifice and use this party for private political bargaining with the master class, The member- ship must regain control of the ma- chinery of the party and demand: (1) Direct trade union and co- operative representation; (2) The representation of all bona fide workers’ and farmers’ organiza- tions in the county conventions and in the state convention. (3) They must demand the organ- ization of a real mass political party of the workers and farmers in Min- nesota. (4) They must demand a clear-cut platform setting forth the needs of the workers and exploited farmers on the state. These are the principles upon which the state farmer-labor movement was organized and built and if it is to develop and progress in the future on a sound basis, these fundamental principles must be main- The individuals present were mem- bers of the following organizations: Stationary engineers, locomotive en- gineers and firemen, machinists, typo- graphical, boilermakers, steamfitters, butchers, painters, carpenters, electri- cians, railway clerks, stenographers, railway telegraphers, city and county employes, and drivers, Also members of the 7th, 11th and 12th ward locals. Journal of Commerce Defends Right of Soviet Union to Sell Jewels “The present Russian government like the present German government | is a government de facto,” asserts the, Chicago Journal of Commerce in ad- mitting the rights of the Soviet Union to put up the crown jewels and other confiscated gems for sale. “Rightly or wrongly it is in fact the govern- ment of Russia; and on that account ft must be recognized internationally as having the legal authority to trans- fer the title to property from any Rus- sian to anybody else. Anybody who choases to buy the terrible Ivan’s emerald from the terrible Bolsheviks Sixty new members were taken into the American Negro Labor Canaress carefully selected number of individuals were invited. i eeEeEeeEeEeseee MINNESOTA FARMER-LABORITES IN SESSION DECIDE THEY DO NOT WANT RANK AND FILE VIEWS By a Worker Correspondent. MINNEAPOLIS, Minn., Feb. 22.—A general meeting of farmer-labor sup- of the Central Labor Union, was held the Central Labor Union to which a 40 members of about ns as such received any notice of the meeting, The purpose of the meeting was to organize a city central commit- tee and later a county convention of the Farmer-Labor Association, at which be chosen, The aims of the state officials of the Farmer-Labor Association who ad- ‘om the first: Eliminate rank and file They stated that only unions and ward in thee | HENRY FORD. | Flivver Magnate Profits, Realizes Gigantic WORLD WAR VETS OF FRANCE KNOW SACRIFICES VAIN Unrest Among Ex-Sol- diers Threatens Trouble (Special to The Dally Worker? PARIS, Feb. 22—The tenth anni- versary of the battle of Verdun which was celebrated here yesterday was marked for the first time by a bitter- ness springing from the conscious- ness that the 400,000 who France lost in the four months’ struggle died in vain. The whole country is filled with uncertainty and dread over the future. Desire Ferry, nationalist deputy from Meurthe et Mosselle, voiced the feelings of the chauvinists when he complained bitterly that Germany had managed to escape the provisions of the Versailles treaty. He referred in veiled terms to England when he spoke of “certain accomplices” which were aiding the Germans in their come-back. Try, To Revive Patriotism, The fascists meanwhile were hold- ing a huge demonstration in honor of Ossuary Douamont. Their orators, like those of the nationalists, warned the veterans to beware of the inter- nationalists, meaning the Commu- nists. At a memorial mass for the dead here in the Chapel Invalides, Gen. Gourard and other militarists tried to revive the patriotic emotions of the people that have been ebbing low of late. Ominous Unrest Increasing. An ominous unrest prevails among the veterans themselves. There is little doubt that the revolutionary Sentiments expressed in his public works by Henri Barbusse are finding an increasing reflection among the rank and file of the former soldiers. Many factors are contributing to this, —the prolonged political crisis, with its petty maneuverings for place, the insoluble financial situation of the government, the costly wars in Mor- occo and Syria, and the shifting com- binations of international groupings in connection with Germany's entry to the league. CROWN PRINCE ‘ABSOLVED' OF VERDUN DEFEAT German Press Shifts the Blame to Others BERLIN, Feb. 22—The former Crown Prince Wilhelm, on the tenth anniversary of the battle of Verdun, finds himself absolved by German newspapers of the responsibility for the German failure. , The newspapers state the former crown prince wanted to stop the bat- tle when it was apparent it could not prove a victory for Germany, but that General Schmidt Von Knobles- dort insisted upon pursuing the strug- gle. Greeks Pay Half Sum Due. ATHENS, Feb. 22—The Greek gov- ernment has paid Bulgaria 15,000,000 levas or half the indemnity fixed by the league of nations for violation by Greece of Bulbarian territory, The may do so with complete assurance that no Romanoff and no Russian law- yer can dispossess him of it, remainder will be paid on March 16, A suh a day wilt help to drigg capital away. 4 ¥ ’ THE DAL REPORT REVEALS HOW HUGE FORD PROFITS ARE HID 100 Per Cent Returns Concealed by Term By JAMES H. DOLSEN. The financial report of the Quaker Oats Co., just published, is an ex- cellent illustration of the way in which the enormous profits being made in the preparation of food products by the big manufacturing concerns is concealed from the observation of the ordinary person. Note, I say from the ordinary worker, This is because to him the bookkeeping terms used in such a report are a strange language. It is only by an analysis that we can realize their significance and connec- tion with our every-day life, The net earnings of this company for 1925, after all manufacturing charges, depreciation, allowances, etc., were $5,502,748. After, the payment of dividends on the preferred stock there remained enough to give each of the common stockholders $9.83 on each share held. This: is at the rate of nearly 10 per cent-on a hundred dol- lar share. Such a return is consider- ed very good by investors when the conservative character of the business is considered, Where the Concealment Enters. Here is where the concealment comes in. Suppose now the employes of the company ask for higher wages. The directors would at once reply that they could not afford an increase. Ten per cent is not an exorbitant re- turn, they would contend. Some time ago, however, the Quak- er Oats Co, had a much smaller capi- talization, Then it was decided to in- crease the stock, Hach of the old stockholders was given four of the new shares in exchange for his old stock which had a par value of $100. The new stock has no par value, The exchange cost the sirareholders noth- ing. As an ordinary worker, unaware of the intricacies of hhigh‘finance, you might wonder what was its value. Return Swells to 40 Per Cent. Here is where tHe purpose of the transfer becomes eVident. Each of the new shares gets‘a dividend of $9.83. Thus the owiler under the old arrangement of $100'share of\common stock, really recieves four times the $9.83, or nearly $40°as his dividends for last year. In other ‘words, we now see that the profit of!the stockholders was really close to 40 per cent in- stead of the ten pay cent which it appeared to be. Surefy this should be a satisfactory returnfor any invest- or, you might conclifte. But do not be too hasty! The ahdlysis of the fi- nancial report will increase it consid- erably. The unfamiliarity of the worker with the bookkeeping terms used in business blinds him to the pic- ture they give of his own exploitation. Real Profit Becomes Apparent, After.each stockholder got his 40 pet. dividend there was still $3,072,- 748 left in net profits. This was added to the “surplus” ac it. If distribut- ed to the stockholderg this would have given them about $7 more on each of the present shares, or $28 additional on their original $100\ stock. It is now clear that between $60 and $70 was made in clear profit in the single year 1925 for stock of a par value of only $100. The rate of profit was approx- imately 66 2-3 per cent, The enormous productiveness of the business to its owners is more easily realized when the 662-3 per cent yearly return is compared with the four per cent paid |by banks to the workers for the use \of their savings, Padding Accounts to Hide Profits. Of course, the actual profit made was much higher than this, incredible tho it may appear. For example, a million dollars in bank loans were paid out of receipts; $4,202,077 were paid for the propefties of the ‘Aunt Jemima Mills company, It would take a detailed analysis of the amounts ap- portioned to depregiation, etc., to dis- cover how much thése accounts were padded. This latter is a common method used especially by the rail- ways to absorb their real income. It would be safe to assume that the con- cern realized at least a hundred per cent profit on its business last year. The profits for 1924 were even larger. Nor is the coticern an isolated small producer, @specially favored by Circumstances, It is a huge cor- poration with a great business which reaches not only to all sections of America, but to every part of the world, The processes of capitalist ac- cumulation are to be seen operating |here before our very eyes. No won- |der Morgan is reaching out to control the food supply of the nation! The Inevitable Trustification, | Yearly a rapidly increasing propor- tion of our food substances are pass- ing thru complicated manufacturing processes to prepare them for the ultt- mate consumer, Whoever can control the corporations handling this end of industry will own in fact the very life blood of the people, The Morgan crowd is clever enough to know that all such attempts must at the present time be disguised. So the Ward bread trust smears a charity program over itself and the other huge food products monopoly confines itself to being a “holding'* company. Get your tickets now for the Inter. national concert.of the T. U. E. bL., Sat. March 13, at 8th St, Theater, Y WORKER of all applicants for work, native or foreign, in his motor factories, Finger-prints make the ideal black- list against active unionists and if flinger-printing becomes a general em- ployment custom in America the la- bor organizer will have no refuge from the omnipresent spotter of the spotter of the employer associations, Cominsky’s was not a labor case but the jury action, which dmounted to @ repudiation of police finger- print experts and to acceptance of in- dependent expert testimony showing how easy it is to fake finger-prints, is a precedent that will be valuable wherever the police attempt to rail- road a werker on the strength of that sort of identification. The expert who was put on the stand by the, defense is Albert Wehde, author with J. N, Beffel of the scientific but startling book, “Fingerprints Can Be. Forged.” He has mixed fake and genuine prints and challenged federal and local ex- perts to pick the true from the falsq They failed. He arranged for ap- pearances before the Illinois State Association for Identification to dem- onstrate the certainty with which per- fect fakings can be put over but was refused the floor. The faking con- sists in taking a penuine flinger-print, say from the doorknob of a worker's own home and falsely transferring it to another place like an unexploded bomb “found” by detectives in a struck factory. The recently per- fected process of transmitting finger- prints by wire would make a still further link in the frame-up chain. Wehde testified that the — finger- print of Comisky and that found on @ screen in the slain woman’s room were not the same. Police experts testified that they were. The jury |believed Wehde, particularly after he explained the possibility of faking and how he had discovered tampering with finger-prints while he worked as a political prisoner in the govern- jment’s huge finger-print bureau at Leavenworth penitentiary during the war, CHECK CHINESE NATIONALISTS, IS DEMAND OF JAPS Want Full Complement of Police in Manchuria ‘Special to The Daily Worker) TOKYO, Feb. 22.—Japanese resi- dents of Manchuria at their second general meeting have adopted resolu- tions demanding a more aggressive na- tional policy towards China. They want all matters involving Japanese interests in Manchuria to be handled on the spot at Mukden. The full com- plement of Japanese troops allowed by treaty is always to be maintained. The Japanese railway police shall be immediately tripled. The Japanese government is urged to arrange at once with the Chinese authorities for the establishment of a central bank in Mukden on the silver standard so that “the basis of the financial policy of Japan in Manchuria may be im- proved.” Want Nationalists Suppressed. The residents especially ask the suppression of all anti-foreign move- ments in Manchuria at once and the removal of “all regulations harmful to the development of enterprises in Manchuria and China.” The latter provisions are obviously aimed at the Chinese national movement, and are a direct demand for official Japanese intervention in China, WASHINGTON BREWED HIS OWN BEER LONG BEFORE VOLSTEAD ‘DRY’ LAWS WASHINGTON, Feb, 22—Unable to get an opinion from the depart- ment of justice as to whether the reading of Geor; Washington's “beer recipe” is legal or illegal un- der the prohibition laws, leaders of the “face the facts” anti-prohl- bition conference announced they would read it anyway—and run the risk, The recipe, taken from Washing- ton's notebook, which he kept as a Virginia colonel in 1757, follows: “Take a large sifter full of bran, hops to your taste—boil these three hours then strain out 30 gallons into a cooler. Put in 3 gallons mo- lasses while beer is scalding hot or rather draw the molasses into the cooler and strain the beer on it while boiling hot. Let this stand till it is little more than blood warm then put in a quart of yeast. If the weather is very cold, r it over with a blanket and jet it work in the cooler 24 hours, then put it into the cask, Leave the bung open until it, is almost done working—bottle ae it is brewed,” i . MORRISON JURY GIVES FINGER-PRINT EVIDENCE SMASHING BLOW IN TRIAL By CARL HAESSLER, Federated Preas. A smashing blow to finger-print conspirators against labor from Secretary of Labor Davis and Henry Ford down to the frame-up detective sergeant was delivered when the jury in the murder charge against John Cominsky acquitted him at Morrison, Ill, on Feb, 4. The prosecution rested its case on the alleged certainty of finger-printt identification, the kind that Davis wants to make of all the foreign-born in America and that Ford now makes RECOGNIZE SOVIET UNION? ASKS BELGIAN KING OF SOCIAL-DEMOGRAT TRAITOR (Special to The Dally Worker) BRUSSELS, Belgium, Feb. 22— King Albert of Belgium has called Emile Vandervelde into consulta- tion concerning the question of re- cognizing the Soviet Union. Both France and Great Britain, on both of which nations this country is de- pendent, long ago entered into treaty relationship with the Rus- slans. dervelde is one of the most prominent leaders of the Second International, Yet he Is the confi- dential advisor of the king and con- sulted on the most delicate ques- tlons of state. He has it in his Power now to say the deciding word, for or against the recognition of the world’s only working class republic. Will he add to his long list of black erlmes against international labor, by now blocking Belgium’s contem- plated action? POLICE BRAG OF MANY ARRESTS. MADE IN 1925 One Out of Every Ten Workers Arrested ZAGREB, Jugoslavia, Feb. 22.—The police of Zagreb which lke all police likes to pride itself on its “deeds” recently issued statistics about its activity in 1925. Out of these very extensive statistics can be seen that two-thirds of all the arrest- ed persons were workers, and that last year every tenth worker of Zag- reb was arrested, These statistics are incomplete as there are no figures given as to the number of persons that were beaten up and ill treated by the poliee. Ac- cording to statements made ‘by many of them at least half of the persons who were brought into the police of- fice of Zagreb had to suffer corporal punishment, German Court Rewards Assassin of Workers by Their Acquittal MUNICH, Germany, Feb. 22.—By their acquittal of two members of the notorius “Free Corps” established by Major von Lutzow, the Bavarian courts have legalized the murder of Communists by their political ene- mies. The corps was the precursor of the modern fascist organizations tn this country. The two defendants had been given charge of 12 workers, arrested near Munich in the uprising of May, 1919, charged with complicity in the revolt. Of the twelve, one, a known Com- munist, was immediately shot with- out any trial. Rather than have the bother of guarding the remaining eleven they were taken out into the courtyard of the brewery from the cel- lar in which they had been held, and in full view of the brewery workmen. The officer in charge explained that the workers who witnessed the deaths would thus be intimidated from giv- ing any help to the revolutionists. Social-Democratic Butcher Quoted. The whole defense was based on the decree of Noske, the notorious social-democratic butcher, . issued March 9, 1919. This was an order that all rebels taken with arms in their hands were to be shot forthwith, In its execution the cream of Ger- many’s revolutionists were murdered. Tho the. twelve workers in this case were admittely unarmed, their assas- sins were freed, to the joy of all Ger- man fascists. <j Rail Labor Board Wakes from Slumber; Fears Getting Axe Faint hopes for a renewed lease of life are stirring again in the inner offices of the United States rail board, tho the Watson-Parker trans- portation bill which would abolish it has passed the house in Washington, Board members are taking fresh in- terest in wage cases, due to unex- pected opposition to the bill at re- cent congressional hearings, accord- ing to unions now pressing for pay raises before the board. The Brotherhood of Railway Clerks expects a decision soon in its 5 to 10 cent an hour applications on four roads and the railroad telegraphers and the maintenance men are also in line for early decisions, it is rumored, Your neighbor will appreciate the favor—give him thle copy. of the DAILY WORKER. FIRESTONE TIRE CO. ADDS ANEW LIBERIAN UNIT Colossal Grant Will Be a Feudal Kingdom (Special to The Daily Worker) AKRON, Ohio, Feb. 22.—Another party to augment the Firestone Plan- tation company’s Liberian forces is now enroute to Africa, according to officials of the Firestone Tire & Rub- ber company. The group, under the leadership of M. T. Copeland, of the Firestone export department, includes T. HE, Wills, of Youngstown, W. A. Rutledge, of Midvale, Pa., EH. D, Ash- ley, of Carey, O., and Dr, P. F. Wills, of New York. The initial party of Americans sent to Liberia selected sites for about 20 separate developments, according ‘to official reports, which will be placed under cultivation as rapidly as Jabor- ers can be recruited, BH. A. Ross, of Singapore, an Englishman, is in charge of developments. By the end of ‘the first year’s operation it is expected that 20,000 or 25,000 acres will have been cleared and cultivated. A Feudal Grant. Under the terms of agreements en- tered into with the Liberian govern- ment, Mr, Firestone is granted a lease for 99 years on 1,000,000 acres of land, and another lease for a like period upon a plantation of 2,000 acres, planted 10 years ago and in full production. Arrangements have been made.also for the general pub- lic improvement of the country, such as the construction of port and har- bor facilities, roads, hospitals, sani- tation, lines of communication, and the development of hydro-electric power. Slaves of Peons—Which? Experts estimate that the cost of reclaiming the African jungle and bringing rubber into bearing will be a minimum of $100 per acre, or $100,- 000,000 to fully develop the lease, Ap- proximately 350,000 laborers will be required. Then the 1,000,000 acres wiil produce a total of 200,000 tons of rubber, or approximately half of the quantity produced in the world today. Borah, in Chicago Speech, Says Court Leads U. S. to War (Continued trom page 1) that this program means peace but the real forces which are putting us into Europe are not misled. They pro- pose to put our government behind the imperialistic exploitation of peo- ples wherever those peoples may be found with natural wealth in their possession. “What a mess we are in. There is no alternative left but to take up this issue and fight it out to a close, If we are of a mind to make the fight, we can retire as an adviser and coun- sellor of this league, we can restore and maintain the policies of Washing- ton, we can keep out of European politics.” Borah’s Illusion. Following his well-known line of at- tack, Borah took advantage of the fact that it was Washington's birth- day and harked back to the policy that guided the destinies of this republic in its infancy. Instead of depicting the United States as an imperialist giant, maneuvering to gain advantage of other nations thru the world court, instead of revealing the motive of the House of Morgan ruthlessly to drive the American workers into another imperialist war against the great im- perlalist rival, Great Britain, Borah depicts this country at the mercy of the imperialist brigands of Europe and views the coming war as one in which Americans will be conscripted to fight the battles of Europe. This typical petty bourgeois attitude miss- es the mark a thousand miles, for it fails to consider the one outstanding fact of international politics today as regards the United States—that is the world struggle for supremacy between this country and Great Britain, Soviet Ore Reserves Exceed Rest of World, Report Investigators (Federated Press Staff Correspondent) WASHINGTON, Feb. 19 —~ Iron ore reserves which total greater than those in all the rest of the world com- bined are reported by the supreme economic council of the Soviet Union, in the Kursk field some 300 miles south of Moscow, Information on this ore fleld has been forwarded to the Rus- sian information bureau in Washing- ton as @ result of borings and surveys which have been in progress for four yeurs past, Observations were taken at 15,000 points. The borings were made over a distance of 91 miles, Some of the tests. revealed ore con- taining as high as 53 ber cent pure iron, re vr ae the vertical meas- urements of the ore deposits from 1160 to 1260 feet. In commer district the ore deposit was 770 feet thick, The supreme economic council finds that these tests prove the existance, in the European center of the Soviet Union of an iron ore upply sufficient to meet tue nation’s requirements for hundreds of years to come, »