The Daily Worker Newspaper, February 18, 1927, Page 5

Ce Js ——— 2 THE DAILY WORKER, NEW YORK, FRIDAY, FEBRUARY 18, 1927 KELLOGG REFUSES’ TO GIVE SENATE if | NOTES TO MEXICO Divulges that American | Oil Men Defy Law | WASHINGTON, Feb, | 17.—Seere- | tary of State Kellogg today answered | the Norris resolution in the senate | for information on the situation of American oil properties in Mexico and | the negotiations about them with | Meixco, with a refusal to turn over | the state deportment will not adtise the campanie= what to do, and that the state department considers all the oil companies that have acquired land in Mexico to haye obtained it legally. “Vested Rights” in Mexico. “Ever since the question at issue | arose during the administration of President Wilson the government of the United States has consistently | maintained and continues to maintain | that there should be no question as tn the seeurity of valid and vested tights which have been acquired by Asnerican citizens in accordanee with | Mexican laws as they existed at the time of their acquisition. This atti- tad | } of the government was asserted | the American commissioners in thoi eanforence in Mexico City in| 1923, and there is no departure from! i t the understanding which they reached with the Mexican commis- sioners; and the government of the United States has maintained this po- sition in the recent diplomatic corre- | spondence upon the question between | the United States and Mexico.” | Land Was Stolen. The fact that many of the oil com- panies secured their titles from the | Diaz and Huerta governments, whith | simply robbed the land from its Mexi- | can owners and sold it for a song to| foreign capitalists was not even con-| sidered by Kellogg in his reply to Norris. | Won't Show Notes. | Kellogg refused to turn over cor- | respondence between the department and persons and corporations inter- ested in Mexican oil lands, on the ground that such correspondence “has begn. necessarily voluminous.” The | correspondence, he said, “consists al- | most exclusively of inquiries or in- formation concerning the Mexican pe- | troleum laity and the official attitude | of this government with respect thereto. The department has con- sistently refrained from giving advice | and counsel to such persons and cor- | porations as to the course which they should themselves pursue.” Americans Defy Law. Only four American companies have applied for confirmatory congessions under the provisions of the petroleum law, the statement declared, These Annalist Sees End of Prosperity Era By WALLPROL, Good by, good times! The industrial machine, geared to the tune of profits, has the correspondence, by stating that! reached the top of the.grade and. is now.sliding down hill with a Manhattan. |rapidity sickening to Wall Street. oo That the swing from a prosperity that was a,gold mine to }ven' | the investing class but only meant a little less unemployment to the worker, to real depression has been on the road for months |was well known down here in the narrow caverns of financial The fat, sleek old gents who finger ticker tape nervously and look into the future anxiously, have known ever since November that the industrial activity of 1923-26 is going to slacken. Now they admit it. Annalist, staid financial weekly of the New York mobiles and building, two of the main consumers of Pittsburgh products. Auto productfon slumped in December to the lowest point since 1921 and is now recovering in a slow halting man- ner. Building continues to go far- ward, not so fast as last year, under | the pressure of the investment market seeking any old outlet for its accum- | ulated billions of surplus values. | Production, true to capitalist eco- | 10mics, has pressed forward far faster than the workers—the producers— have been able to buy back the fruits of their toil. Now the whole machine ‘has to slow down while millions haunt factory gates, unless— ee unless new credit stimulus pre- But some of the “best minds,” and = = —- his little cutey with things going this away. Either industrial dep: sion now, or more credit and a wow of a depression in a year or t But back to the Annalist. The serious-minded worker can read An- nalist’s own dope right here: Annalist’s Statement. For the second time this year the outstanding feature of the week’s business records is the general weak- ness in metal pri a weekness rep- resented by specific and considerable price declines in practically the whole | range of steel products and pig iron, | and extending also to a slight drop in zine and a substantial drop of one- half a cent a pound in copper. | From several points of view the ! movement of’ metal prices since the among them H, Parker Willis, editor| beginning of the year, together with of the New York Journal “of Com- merce, professor of banking at Colum- bia and financial adviser to the Irish Free State warns that another hypo- dermic shot in the arm Will send in- dustry straight into the DTs. More credit, from the huge well of surplus values, may finance production by the slightly sagging tendency of the general commodity price average, plainly shows hesitation and uncer- tainty in its planning for the bu: ness of the next six months. Be = .| thus uncertain as to the prospects, the steel consuming business asks for price concessions from the steel pro- ; the steel producers, having an ive capacity, lower their steel consumers may, hoping further price reduction, de- ordering such steel as they really expect to need, | Plant Over-expanded. The significafice of the situation just sketched is not limited to the steel and iron industry, Much the same situation in varying degree ex- ists for the industry of the countr | as a whole. There is obvigus-uncer- taintly in business minds about the | business outcome of the next six + months, and this is reflected in pres- sure for lower prices for all manu- factured commodities and all manu- Steel Depression Staggering to Wall Street jare Chinese delegates, | tions had been passed at the opening seems to be one of the most signifi- {cant items in the prospect of this |factured materials'and as much de- | year’s business The fact is pretty |,lay “as-is practicable in order to: take | i CHINESE SPEAK AT ANTI-IMPERIALIST WORLD MEETING Pledge to Join Workers In International Fight BRUSSELS, Feb. 17.—The Ant Imperialist Alliance organized by the oppressed people of the whole world was formally opened at Feb, 11th at *russels, the capital of Belgium. Be- the delegates sent by Mexico, Nicaragua, India, Egypt, and Ger- many, the greatest number of them The regula- day. The alliance decided “to ally with the oppressed people of the whole world in order to fight imper- ialism and to cooverate with the work- ers of the whole world in order to improve the conditions of the work~ ” generally recognized that the demand} advantage of possible further price ucceeding conferences, such | for steel, which enters an almost in-|concessiéns. The producing plant,| topics as the dispatch of soldiers by finite number of final consumption| taking industry as a whole, being|the British to China, the oppression {why Montagu Norman, governor of enabling manufacturers to keep their! forms, is a very significant reflection | consiaerably in s of the present Times, voices their fears in its cur-'the Bank of England, was gumshoe- | rent issue, being read today in every |ing around New York and Washington | earlier records. The movement looks inéreasingly like the true ¢yclical - office below Fulton street. In its summary of the business outlook, Annalist says: “Conditions in the entire field of the steel and iron industry point to a developing recession in business more pronounced than could have been safely inferred from the year’s decline to be expected unless new credit stimulus prevents.” Quick, Watson, the needle! That is old lady Annalist’s idea of the only way to keep factories, mills, mines and railroads running. The needle of credit inflation, easier money and moté stock speculation! The needle may be used. That was WU WOOS THE MUSE. WHILE FOES FLIRT (By Our Chinese Correspondent). HE report that Wu Pei-fu is spending his time composing poems in the flowery ancient -lan- guage of the classics is causing some youthful amusement among the younger men of the Kuomintang here. The spectacle of the former war- lod, now sitting amidst ruins of | Chengchow, going into an apparent dotage of senile decay, is looked upon at times as tragic. But, for the. most part, it is considered a tragi-comedy. companies are: Penn-Mex Fuel Co..| Texas Petrolene & Asphalt Co., East | Coast Oil Co., and New England Oi! agar Baton ig Seen Co. " “TI understand,” Kellogg said, “that | the first two mentioned companies are | not actively producing petroleum in| Mexico and that ‘the last two own no| ~~ free properties in that country.” Don't Know How Many. More than 50 concerns which ac-| quired oil properties prior to May 1,, 1917, have not yet applied for conces- | sions, Kellogg said. The names of | these companies wete included in the) statement with the qualification that | the state department has found it Tih | possible to furnish a complete list. | About ‘20 other companies have | definitely refused to aécept the new | pertoleum law, according to the; statement. These companies, although | ‘marinan owned, hold their titles in | the name of Mexican companies, Wants Teacher Pay Seale. The Citizens Unio committee on | teachers salaries yesterday issued | a supplementary report in support | of the single salary schedule as the | logical method of arranging teachers | pay rate. They offered a suggested set of pay scales. {ts comedic aspects strike home here, especially amongst the: hosts of ficialdom of the Nationalist Govern- ment and who are numerous among the Kuomintang Party workers. U. S. Directs Financial Boycott Against the Mexican Government WASHINGTON, Feb. 17—The United States is directing a finan- eial and economic boycott against Mexico “that is far deadlier than armed intervention,” Jose Miguel Béjarano, of the Mexican chamber of commerce, New York, charged {the other week. He was in heavy con- ference with Strong, Mellon, Jay and | other financial overlords of these free jand independent United States, con- jtriving for a reduction of the bank rate from 5 to 4% per cent in both plants operating. More credit may also finance added installment buying. Too Much Stimulus Now. | But there’s a limit, says Parker | Willis, and we're there already, with | seven billion dollars tied up in install- ment finance, the banks handling 14 billion dollars more paper than is needed for ordinary capitalist needs!) | of the plans and expectations of the great sweep of business which is con- cerned with the final manufacture and selling of steel products. It is also generally recognized (and is a fact of specific and detailed rec- ord) that the country’s equipment for | producing all forms of steel as well! s pig iron is more than equal to | , | withered. | | Threadneedle Street in ol’ Lunnon and | Wall Street, simultaneously, just like' and Wall Street using 3 billion dol- | that. Proving of course that there is| lars just for speculatin’ on the stock |not the slightest connection between | exchange. {the Bank of England and the Federal Another shot in the arm, and the | Reserve System, any more than there! patient will jump off the topmost |is between the British foreign office | tower of the Woolworth Building into {and the American state department, (the bay. (Willis says, not-us). | Amnalist bases ité sour prediction No wonder many ‘a sugar daddy, | on the sad plight of the iron and steel after his night is closed by Jimmy market where prices sag. due to de-; Walkér’s 3 a. m. curfew, tosses his cline in orders. Iron and steel but | reflect the reduced activity in auto- wondering how he’s going to finance \Wool Executives Meet ‘In Washington; Told of r ; N Production Stud: WITH HIS NECK sc astineroe = faiccond Nearly 88,000 wool producers who One of these, whose knowledge of | marketed about 30,000,000 pounds of the classics was a foundation upon! ‘wool last year were represented by which has been super-imposed an/the executives of 29 co-operative education in economies at two Amer- | marketing ass0ciations which met in iean universities, has done some) the capital to discuss technical pro- | verses by way of reply to Wu Fei-fu. blems of marketing with officials of | They are couched in the ancient lan-| the department of agriculture. | guage, and their duaint phrases have| This conference is one of a series connotations Which the savant will} called by Secretary Jardine following recognize, | the action of grain growers’ organi- For none of these phrases means zations in denouncing Jardine as an precisely what it says. . They form: enemy of the farmer. Jardine’s re- | p@rt.-ot the language of symbolism, | presentative told the wool men that which is the real significance of the! J. F. Walker, of the’ newly created classic Chinese language. Those } ision of' cooperative marketing, phrases transiated, the verses breathe | will make a study of wool produc- | the spirit of the new and modern age! tion and marketing in New Zealand whichis dawning for China under} and Australia, because the wool from the aegis of Kuomintang domination. | those countries threatens to dimin- The verses follow; ate the American market. It is bet- | Dhe ancieni-nunded. men of the) ter graded. and suited to mill require- North | ments than is American wool gener- Ave as trees whose branches are} ally. in. Kuangtung, and on the ol Ae a shan Shia |Rumanian Peasants Not The morning Sun is.shining. | Eager to Have Carol | Yellow Hait and a chifd’s teeth—| : if i such is. the ancient ideology «Back; Party Is Split | our enemies, who yet, are our! BERLIN, Feb. 17.—The Rumanian j brothers. }nationalist party and the peasant | They haye known many ghanges of| party, have split over the question of } furs and grass cloth, | the return of Prince Carol demanded But the tiwer Wwiowou of Today | by the nationalists. gray old head on a sleepless pillow, | is not theirs. 2 Now wey ave racing their end. The future belongs to the tresh clean blood of youth. before the Senate Foreign Rela- | tions Sub-Committee today. “American bankets are refusing to renew loans in Mexico, and, in mahy ¢asés, have recalled loans,” Bejarano declared, “It is the gen- eral belief in Mexico that this financial boycott is being conducted at the direction of the state depart- ment.” Under the Leadership of “BREAKING CHAINS” A FILM OF RE-BORN RUSSIA the IMMORTAL LENIN_ 2nd and Last Time in New York SUNDAY, FEB. 20th, 1927 Four Showings—2, 4:15, 7 & 9 P.M. ‘WALDORF THEATRE 50th Street, East of Broadway Tickets Im advance The at the following pinces: - Joe Lissi 02 EB, Broad. way. Dine estaurant, 78 wond Ave. Sollin's Private Aninig oom, 222 Bast lith St. The Krétchma, 210 Second Ave. fice, Room 82, ie Higwins, Book Store, 127 Univer- wity ee, * mi hapoport: & Cutler, P 1 ‘. Pr eat hg Cutler, Printing, 1810 u ah hy orkera’ Fregiative Uhion, 504 utter Ven, ‘oor, one { Rial the WB. ta oat , ADMISSION %%c¢ AT DOOR. DOWNTOWN i gaat 1th dim: HARLEM Finé's Restaurant, 1590 Madison A‘, BRONX * BROOKLYN Avo. Booka, A halo aroynd the moon for wind, and’a moistened pavement before. rain— ’ That, for the truly wise, is a por- tent of what is to come. Between us and the amvient-mind- ed men, There is ice and ardent charcoal. We see on the edge of the pool there grows the grass of spring. | The upper and the lower jaws trust each other, i We whet the weapons and feed the horses. / We fight for the thorny arbutus that has flowers. This constitutes the reply of Youth to Age in China. It is the answer of the new movement, compact of mod- ernity and the west, to Old China, whose decadent ideas and technic are now in the midst of their last war. Aimee Finds Venture, Or Adventure, of Hers Draws More Than Jesus WASHINGTON, Feb. 17. — The ‘national capital had the “low down” ‘today on the Aimee Setnple McPher- | son case. _ ‘ | It got it last nf Straight from | Aimee herself in the big Washington auditorium where 12,000 persons fought for 7,000 seats, — at will it be, my friends,” said the evangelist, “do you want to hear the story of my life, or the story uf the secénd coming of the Lord Jesus?” By a vote of- about 8 to 1, the audi- yonee voted for the story of Aijmece’s life. They were willing to wait or forego entirely the other. So Aimee told ‘em. BUY THE DAILY WORKER ) AT THE NEWSTANDS a A hia i upplying a larger demand than has ever existed—hence that there is a very large surplus of producing ca- pacity over present demand. The shrinkage in present demand from the high levels of last year must be attributed in part to the uncertainty in the mind of steel consuming busi- | ness as to the prospect of market- ing at a profit last year’s volume of steel; in other words the steel con- suming business of the country reduced demand, is therefore driven to shade prices in order to get hesi- | | tating orders. This seems to be in a broad, gen- |eral way the position of the coun- try’s business. The conditién-ddoes not inevitably forecast still further hesi- tation developing into a visible reces- sion of enough decisiveness to lower | seriously the general activity of pro-! duction and trade. But as this ar- ticle pointed out g month ago—and | the opening paragraphs of this pres- ent article sketch in some of the main forces and conditions—the gen- eral position of production and de- mand suggests that there is present the beginning of what is in its essen- tial quality a true cyclical recession. Read The Daily Worker Every Day BRANCH BANKING BILL LAYS BASIS |. WASHINGTON (FP)—Concealed jin the re-chartering of the Federal | Reserye Banks, which is the vital ; Point in the McFadden banking bill | driven to passage under the cloture | rule, is the bankers’ plan for dom- | ination of world government as well las world business, This was the warning given the senate by Senator Nye of North Dakota in protesting against passage of the measure. Subsidize Governments. He pointed out that the bill per- |mits the Federal Reserve Banks ¢ | deal in foreign investment securities; and said this means that the big {banking combine is to “valorize jevery bankrupt government in Eu- | Tope” by manipulation of the securi- | ties to coerce the peoples against po- j litieal and social progress, Efforts are now being made, he said, to legal- ize the listing of these foreign se- curities on the New York stock ex- | change. | World Banking. | Foundations have already been | laid for an international federal re- serve system, Nye stated. The Brit- | ish have lately established in Iydia a duplicate of the American scheme, jand the international bankers are | reaching out from New York and | Former Miniser of the Interior | Lupu led the secession of the former | | peasant party and reorganized the peasants again as a separate party. | Lapu is credited with having republi j}can’ leanings. In an interview at ; Bucharest he gave the details of how | Juliu Maniu, head of the nacionaust peasant party, jand Paris to negotiate with Carol ; without the knowledge of the other members of the party, This caused he split, Says America Spoils The Innocent Chinese _ According to the Rev. Dr. Caleb R. Stetson, rector of Trinity Episco- pal Church, America spoils the Chi- nese who visit this country. “The young men who come here from China after being taught by our missionaries there what christianity /is are much disillusioned when they “They are disillusioned when they study in our pagan universities and when they see our pagan civilization. They find when they get here that christianity is almost a negligible quantity in our civilization. The re- sult is that they got back to China worse than they came.” Portugese Revolution Refugees Flee to Spain MADRID, Feb. 17,—Hundreds of Portuguese revolutionary réfugees are making their way to Spain. Cap- tain Jaime Moray, leader of the Opor- to revolt, is among the numerous arrivals. At Badajoz the Spanish police ar- rested Portuguese Lieutenant Colonel Alvaro Coope, the southern chief, who escaped from Lisbon in an auto- | mobile disguised ps a® peasant. He was making his way to Madrid when it was discovered he had no passport. a state of money the control tf ail countries in which international 1 London to gather into this svger- | FOR WORLD FINANCIAL ADVENTURE tions of life--the earnings, crop i wages and profits—of} far- wage workers, merchants and other classes of their subjects henceforth. “Already,” he 1, “this super-fi- nance has more than half enslaved | the world.” | -Nye’s speech was one of the se- | of blows dealt the Mellon r | chartering scheme, after a combina- tion of democrats and republicans led | by Glass of Virginia and McLean of Connecticut had enforced the gag j rule on debate. Senator Wheeler of | Montana taunted the bi-partisan al- | iance with handing over the nati | to the bankers’ mercies without giv- | ing the country notice that it was to | be sold. Howell and Norris of Ni | braska, Dill of Washington and Hef- lin of Alabama were among the op- ponents who spoke. Like Nye-and | Wheeler they asked why the senate | Was so eager to grant “relief” to the | bankers’ lobby while it had been so | hostile to granting justice tothe de- | flated farmers. They pointed out that | the senate’s adoption of the farm. bill }came only after the reactionaries |felt sure the measure would be nulli- fied in the courts if not killed by} | veto. Mabel Normand at the Crisis. Mabel Normand is at the crisis. Suca { 2 nerve SANTA MONICA, Cal., Feb..17.— sent intermediaries | {back and forth between. Lucharest | get to America,” said Dr. Stetson. | », China for whatsoever reasons, or un- | | nance can get a hold. While America | Was the terse bulletin issued today | | has shrunk back from the League,of | frdm the beside of the sereen star} ations and the World Court, it has;in the Santa Monica Hospital where | | blindly walked into the world gov-/she is waging a fight againsi pleuro-| ernment of finance, confirming the | »ncumonia—aggravated by un abscess bankers’ claims to dictate the condi- | on the right lung. ‘INDIA’S NATIONALIST PARTY LAUDS CHINESE | | MOVEMENT; DENOUNCES BRITISH IMPERIALISM SAN FRANCISCO, Calif., Feb. 17, | der whatsoever pretext, we will op-| —The Hindustan Gadar Party (In-| P0S¢ With all means at our disposal | dia’s national party), in a special | Such a military campaign, advising | meeting on Feb. 7, 1927, unanimously | our countrymen _ everywhere | not to adopted the following resolution: pencourage, associate, or assist such | WHEREAS, British imperialism is oye Aon earpiece | ri | Part of ¢ British Government, and, | din, agen enemy of China and In- "3B IT FURTHER RESOLVED,| that as a national government of In- | WHEREAS, thé Chinese people aro |dia, we urge upon our countrymen this imperialism, and, r WHEREAS, it is in the interest of humanity at large that British im- | perialism must be destroyed at all costs, THEREFORE, BE IT RESOLVED, that we, The Hindustan Gadar Party, struggling to free themselves from | eyerywhere to render any assistance | wthin their power to the people of | | China in their struggle for freedom, | | and oppose by all means the insidious | | activities of the British Governmenc. | | which may endanger the traditional | friendship between two of the great- |est nations of the globe, China and sympathize with, and endorse, in its | India, and, entirety, the national program adopt-| BE IT FURTHED RESOLVED, ed by the Kuo Min Tang Party of that we reqest the government {China in its national struggle for | and the people of China not to have freedom from the domination of the | any understanding whatsoever with foreign powers, and, \the British Government concerning BE IT FURTHER RESOLVED, India, and, that we condemn and repudiate very) BE IT FURTHER RESOLVED, strongly all and every act of British | that all treaties and negousuons ve- imperialism in interfering in Chinas) tween China and India must be car- internal affairs, and, ried and approved ot ar- .y BE IT FURTHER RESOLVED through the foreign office of the | that we disclaim and disapprove of Hindustan Gadar sarty (undies uu | any and all Acts of brutality commit-| tional government), and, ted by the Indians, in the British ser-/ BE IT FURTHLK RESOLVED | vice, brought to China under brute that. the secletaty be instructed to | force, to hinder in any way, shape or send a copy of this resblution to the | form the movement for the national Kuo Min Tang Party of China, to the freedom of China, and | press of India, to the press of China, “BE IT FURTHER RESOLVED: | and to the press of the United States that if England declares war against | 0 America. | MUNSHA SINGH, (Secy.) | | of the Mexicans agd Nicaraguans by the U. S. had been discussed. The re- presentatives of the Kuomintang and the Chinese nationalist government. delivered speeches which had great influence in the alliance. ’ pat New York Teachers Are Mechanized by Educational Czars (By a Worker Correspondent) While the factory worker has the peacemaker and the speed up to pes- |ter him, the teacher has the super- visors and principal. Thse busy- bodies criticize petty details, insist on numerous rattings for the teacher and exams for the pupils, to make his work distasteful, One strains throughout a term to jearry an entire class over a certain ;amount of work. Perfect discipline, which means absolute quiet, must. be maintained in the class room. at. all times. Children must sit still, with- out talking all day. When standing, leaving the room. going around the building, the pupils m go accord- ling to rule. Each principal has his own pet formulas. Clerical work is a part of our task also and must be done whenever you can find time. But you are per- mitted to take time to collect record money —which the bring to hand over to the t At any time we have extra piled up for us in the form of drives for. whatever the capitalist world is interested in. In almost all tho schools of the city teachers are wo™c- ing under these almost unbearable conditions with the additional burden of part time. In our building we have all the racking conditions described above, plus the inconvenience of an old inadequate plant. Here there is no covered yard into which the chil- dren. may come in bad weather, One of our classrooms, the one in which I work, is a passageway. No such thimg as uninterrupted teaching tean be done in this room. The chil- dren are distracted by doors conti: ually banging, or someone always passing And lastly, there has been abso- lutely no provision made for the com- fort or health of the teachers. After grueling work a teacher has no place jin which to rest or even in which to jeat her lunch in decent privacy. Causes Ferry Crash Three .hundred passengers were shaken up and thrown into a panic yesterday when the Municinal Ferry- boat Gowanus, enroute to South Fer- ry from 39th Street, Brooklyn, in the | Heavy Harbor Fog | | thick fog, collided with a tug attached te a barge about 6500 feet from the Brooklyn shore. Read The Daily Worker Every Day t--. All Workers but particularly Irish workers will want to read “Jim Connolly and the Trish Rising of 1926,” by G, Schuller with an intro- duction by T. J, O’Flaher- ty. “Connolly,” name of the military leader of the Easter Week Rebel- lion, is a magic name to every Irish worker who has within him a single spark of the divine fire of revolt. PRICE 10 CENTS. The Daily Worker 33 First Street New York City mmm