The Daily Worker Newspaper, March 20, 1928, Page 3

—_ THE DAILY WORKER 'W YORK, TUESDAY, MARCH 20, 1928 Page Three Rumanian Workers and Peasants Demand Resignation of Bratianu Regime Ps SEN IS CaN AR haan Paes Daa HUGE BUCHAREST DEMONSTRATIONS SCORE FASCISTS: Troops Ordered Ready to Quell Revolt (Continued from Page/One) “Down with the government,” march- cd thru the streets of the city bear- ing the left wing leader Critescu on their shoulders. Altho of compromise with the Bratianu regime may have been effected by Maniu, who con- ferred with Queen Marie members of the Regent’s Council this some sort morning, the w demanded the and peasants immediate resignation of the government heir meetings yesterday. That the situation is critical is real. ized by Bratianu who has ordered troops from other parts of the coun- try into ‘Bucharest. The Peasant Party newspaper, “Drezatea,”’ de- clared that yesterday’s demonstration was the “last peaceful the government.” Criteseu, who led the woikers de- nonstration yesterday, has long been active in the labor and warning, to movement, has a large mass arest. PUBLIC UTILITY -BARONS CASH IN North American Firm Runs Seab Interests By LELAND OLDS, (Fed. Press) The net profit of 858,213 made by the North American Co. and its subsidiaries in 1927 shows how the superpower, developments of recent years are pouring wealth into the cof- fers of the big public utility holding companies. This profit was taken out of a gross income of $122,166,834, only $65,308,621 of which was neces- sary to cover operating expenses and taxes. It represents a gain of 10 per cent over the profit of this com- bination in 1926 and of nearly 50 per cent over the 1925 profit. It is 38.6 per cent on the original par value of the stock, after all deductions for preferred, etc. Additional Income. The North American also had $3,022,715 additional income in 1927, presumably from securities in which it had invested its surplus profits. This brings the total income to $59,- 880,928. Out of this it paid $17,775, 812 interest on the bonds of its sub-« sidiaries, $1,401,796 in miscellaneous interest and set aside $12,481,983 for depreciation. There remained $19,254,647 profit for division among the stockholders in the holding company itself. After paying dividends on the North Ameri- can Co, preferred stock this meant a) return of $3.86 a share to the owners of the common stock. As the com-} mon stock originally had a par value of $10, this means a return of at) least 38.6 per cent for the single year 1927. At this rate the owners g® back in profits every 3 years more than their entire investment in the. enterprise. The North American Co. is follow- ing a definite policy of extending its control of the public utility industry by the reinvestment of profi As a part of this policy it pa dends on common stock in new com- mon stock at the rate of 10 per cent annually, the stockholder having the option of taking his dividend in cash. Controls Seab Concerns. Important, subsidiaries of the North American Co, are the Cleveland Elee- trie Illuminating Co.; the Union Electric Light & Power Co. of St. Louis; the Milwaukee Electric Rail- way & Light Co.; other Wisconsin gas and electric’ companies; Missis- sippi and Missouri valley properties serving towns in Towa, Illinois and and three | following in Buch- | | May Be Ousted | Rumanian workers and peas- jants are demonstrating against | the fascist governinent headed | by Vintila Bratianu. Large dem- j onstrations against the fasei wre being held in the streets:of | Bucharest. USSR PRESS RAPS ‘GERMAN POSITION Release 6 Charged With. Donetz Plot March 19.—Six of the who were arrested o arge of particinating ina coun- revolutionary plot to wreck the MOSCOW, eoal industry in the Donetz basin have been released, it was announced today. Three of the six were Germans | -vhose arrest caused the suspens | the negotiations for a Soviet-Ge commercial treaty. Three of the Ger ; mans are still under arrest. The “Economic Life” in cémment- ing on the position taken by the Ger- man government on the arrests de lion of an non-responsibility German citizens here.” The Work- ers’ Gazette in commenting on the situation declares that the comment of a large section of the German press is an attempt to interfere in the in- ternal affairs of the Soviet Union. Large demonstrations have been held by the workers of Leningrad supporting the prosecution of the counter-revolutionaries. SANDINO TROOPS ~—Two United States airplanes pilot- ed by marines have been slightly damaged by bullets fired by nation- alist snipers in the past 36 hours The aviators escaped injury, but had narrow esgapes. The bullets were fired from a patch of jungle upon a mountain side south of El Chipote, where a marine base has been established. After the shoot- ing the planes scouted over the dis- trict in an effort to Ineate the snip- | ers, but they were not seen. Missouri; the Western Power Corp. ontroling a number of power and light companies in California, and the entire publie service system of Alton, Til. Tt also has a substantial interest in the Detroit Edison Co., the Wash- ington Railway & Electric Co. of Washington, D. C., and the North American Light & Power Co. The North American also controls the West Kentucky Coal Co., from which it supplies its power stations with non-union coal. This company took over the union St. Bernard Coal Co. and in the process of merger turned it into a scab concern. Through such huge holding com- panies the New York financiers are reaping the benefits of coordination of the country’s power industry. Un- der public ownership these benefits would flow largely to consumers in lower rates and to the employes in better wages. clares “that there cannot be any ques- ; by | HIT TWO PLANES MANAGUA, Nicaragua, March 19 | LITVINOFF RAPS KELLOGG ‘PEACE’. PLANS AS FAKES To Push ‘Soviet Plans for Disarmament GENEVA, March 19.The Kellogg “peace plan” was attacked today as an attempt to evade the disarmament issued by Maxim Litvinoff, vice com- missar of foreign affairs of the Sov- iet Union and head of the U. S. S..R. delegation to the preparatory disarm- ament conference here. | “If there were no armies there could be no war,” Litvinoff declared. The Soviet Union delegation will at- tempt to push its program for com- plete ‘and immediate disarmament at |today’s session in spite of the at- | tempts of the British and French c \delegation’s to shelve it. | Altho the Soviet delegation does not believe that the powers will con- ae any genuine disarmament plan, hopes to bring the issue squarely laters the league. The Soviet pro- posal may receive the support of the Turkish delegation which has arrived here. New Argentine Envoy To dicate ag on Wa ch 19.—T’ mbassador to the United States, Manuel Malbra will leave for San tiago immediately in preparation for n ‘4 Bs his trip to Wash- g ington where he will take up his diplomatic duties. Malibran has been ambassador to Chile. The appointment : of Malibran fol- ‘ lowed the resig- ' nation of Dr. Hon- orio Pueyrredon, who headed the Argentine delega- to the Pan-Ameri- can conference at Havana. Puerrye- don resigned when his government refused to sup- port his fight against United States intervention in Latin America. Puerryedon, who is a_ presidential candidate, is seeking popular support. | { Puerryedon, Quitted Job France Exports Large Number of Airplanes ; LONDON, March 19.—France ex- | ported $8,000,000 in airplanes during 1927 against only $848,600 exported by the United States, according to statistics compiled here this after- noon. Most of the French exports went to Poland, Jugoslavia, Belgium, Switzerland and South America. { Jewish Oppression Hit WASHINGTON, Mareh 19.—The American Jewish Congress in #ession has. approved of the protest and | petition handed the Rumanian Minis- |ter protesiing the oppression of | Jewish residents in Romania. This j action followed a previous announce- t ment by officials of the congress that | they were opposed to the move. | In explaining the change of front Joseph 1. Tepper, secretary of the Washington committee of the con- gress, said: “We were pleased to note the candid presentation and the digni- fied demands which were, presented to the Rumanian minister. On pre- vious occasions we have expressed our most earnest wish that the Rumanian government give genuine proof of a desire to deal justly with all elements of population sojourning in Rumania, including Jewish as well as non- Jewish minorit WORKER A SUICIDE. A. C. Bowen, 54, an engineer em- ployed by the American Telegraph and Telephone Co. shot and killed! sult of troubles. worrying financial | over Hopelessly Maimed, but Still They Are Used Victims of the imper- alist war now in the United States Veter- ans’ Hospital in the Bronx. Injured beyond cure, unable to do much more than drag out their lives to the end, these young “heroes” are forced by the mili- tary authorities to string poppies together in order to rally more victims to the capital- ist slaughter. MORRISTOWN, N. J., March 19.— | himself yesterday afternoon as a re-! When Hungary Was Run bv Workers ond Peasants Photo shows armed Hungarian worke May Day, 1919, before the Hungarian Sov with the aid of Herbert Hoover. marching chru Government wa Speaker is Bela Kun, head the sireets of Budapest on s overthrown by the fascists of Soviet Republic. jof the Railroad Broth ATIN AMERICAN LAUDS THE USSR ti-Imperialist Leader Sees Growing Power The Soviet Union is destined soon to become the leading power in the eastern hemisphere, according to Dr. Arturo Orzabal Quintana of Buenos Aires, leader of the Latin American Union, an anti-imper' t organiza- tion of intellectuals. Quintana has just returned to Argentina after a visit to the U. S. S. R. “The Soviet Government,” Quintana declared in an interview, “is at least as strong as the most stable European governments. In Germany and France discussed this matter with outspoken opponents of the Soviet Union who admit this and who declare that given five years of peace t4e Soviet Union will attain unprececented economic and political; power.” | Quintana said the Soviet Union is | making tremendous strides without | sacrificing sitintist- principals, and! pointed out that its economic advance | is carried on without great assistance | from foreign capital. The mass of the population, he said, is satisfied with the present regime. While the peasants face serious difficulties, | their condition is improving from | day to day. The burden of. the pro- letarian dictatorship, Quintana said, rests on the kulaks and nepmen; but | b peasants are concerned the tegime i | democratic. Quintana compared the Soviet system to a huge cooperative. | “HUMAN FLY” KILLED. BOSTON, March 19. — John rs Hovey, 13, died yesterday following | his attempts at an “human fly” stunt! at Phillips Andover ‘Academy Satur- | day. J | after Suspend Member From Commons for Branding British Premier Liar LONDON, March 19.—Tom Wil- liams, a laborite member of the house of commons, was suspended amid up-| roar this afternoon when he accused | Premier Stanley Baldwin of “making | lying? statéments.” | The accusation was ‘made immedi- | ately after the premier refused to order an inquiry into the notorious Zinoviey letter. This letter caused the downfall of the Macdonald gov- ernment. 36 BANISHED BY CHILEAN FASCIST SANTIAGO, Chile, March 19.— Thirty-three anti-government lead- ers have been banished by the Chilean jcabinet. Part of the accused men will be exiled on Easter Island and the balance on Juan Fernandez Island. Both islands are in the Pacific. The six men who will be banished to Easter Island are the left wing Senator Manuel Hidalgo, Robert Youngs, a former director of labor, Carlos Millan, Florencia Rozas, Edu- aro Alessandri, a son of the former president and Gaspar Mora, a mem- ber of the cabinet ousted by Ibanez, as far as the mass of workers and |the present dictator. PISTOL LEAVES FOR JAPAN. MANILA. P.T /the flagship Pittsburgh, a» enroute to Japan today, emba: at Manila to lead the 39th and 43th destroyer divisions on a series of courtesy calls to Japanese ports, including Nagasaki, Kobe and possibly Yokohama. i JOIN IN AR | | | FOR I r | 1. Organization of the unorgan- ized, \q/ 2. Miners’ Relief. 3. Reeognition and Defense of the Soviet Union. \]| 4. A Labor Party. \f) 5. A Workers’ and Farmers’ Government. Application for Membership in (Fill out this blank and mail to- Wo. OCCUPATION H If you are on strike or unempl | please check this box. 0 UNEMPLOYED AND STRIKERS (Enolowed find $1.00 for initiati LENIN Join a Fighting Party! Join the Workers (Communist) Party of America j |J}| ana receive dues exempt stanips unt employed. EAL FIGHT! | March 19.—Ahoard | hi Admiral | ¢ HORTHY POLICE SMASH MEETING Workers Demonstrate | Against Regime BUDAPE rch -19.—A large number of workers were injured yes- erday when mounted police rode into a crowd of more than two thousand workers who were celebrating the revolution of 1848. A large number } of demonstrating workers were ar- rested. The police rode into the demon- stration swinging their clubs. The | workers loudly cheered for the “Revo- ; lution of 1848” and denounced the | Horthy government. Give Up All Hope for Ten Vancouver Miners VANCOUVER, B. | C., March 19.— Hope was virtually abandoned today | for ten miners, believed to have per | | ished in a blaze which destroyed two | bunk houses of the Granby Mining Company at Copper Mountain near | here. Searchers who worked Comes over the ruins of the two structures were able to find no trace of the ten | men, still missing from the bunk} houses. The fire broke out suddenly in the small hours of the morning, and was carried by a breeze from one bunk | house to the other. Sixty men were | asleep in the two buildings. Fifty | been accounted for. | transport | bre ‘ | income of the per day. They can Jonly during th: | cutting n sions Mach Jago, ‘were app |oceasion, when the re |supported the stri | Santos, the port of the coffee jed paper, of which onl ‘cused of having made spe ‘SUGAR WORKERS OF CUBA STRIKE FOR WAGE RAISE Railroad Workers Despite Leaders HAY. ANA, (By Mail) of that the in this dist nounced cane cut The of Cuba receive only § arrobas (2500 pounds) very few cutters as much as 80 a | cutters and declared a ge’ road strike, The pre t rhood of Cuba is entirely in the hands of tools of Machado, but even it appears to hay been unable to suppress this sympa- thetic action. CALLED HIS BABY LENIN; I$ EXILED RIO DE JANIERO, |A number of men were (By )— arrested in tate of Sao Paulo, Brazil, under sation of being “Com tors.” Three Spaniards and guese among the arrested ported. The accused are m¢ jeutters, waiters and mar The evidence against t \they spread Communist leaflets and distributed a was published. They first of May and one he had named a baby “Len Great Assortment of All Makes of ‘Typewriters. Portables, New and Re- built. All Guaranteed. Moderate Prices. For Sale, Rental and Repairs. Open: 10 A.M. to 9 P.M. International Typewriter Co. 1643 2nd Avenue. Bet. 85-86th. NEW YORK CITY. AGAINST Injunctions. Company Unions. Unemployment. Persecution of the Foreign Born. 5. War. | Sern Workers (Communist) Party wkers Party, 43 EK. 125 St, N. ¥. C.) oyed and cannot pay initiation fee ADMITTED WITHOUT INITIATION on fee and one month’s dues.) Oy Rye eee a, the wor Every member of vacation with transportation for be able to get two weeks vacation when you become a member. Yt two weeks vacation. Two weeks all expenses included Fill out the SAVE UP A VACATION AT U UN-AR-CO- Ore 1800 SEVENTH AVENUE, NEW. VAC ATIO Two weeks vacation at UN for $35.00, including transpor Name Address Payment mount Become a Member of the Unity Cooperative Vacation Club THIS WILL INTEREST ALL WORKERS: The Unity Cooperative is now organizing a Vacation Club for The Cooperative is not able to save the workers exploitation of the present syste built by the workers for the workers must find ways and means of making better the life of the workers in order that they may You can pay in $1.00 and the balance can be made in payments the Club will get two weeks both ways. from the m but an organization that is from work in a beautiful place. ou will then be secure 07 your not more than $ following coupon: 00, NITY CAMP RATIVE, INC YoRK Moiument 0114 N CLUB Y CAMP, Wingdale tation, paid at con Signature