The Daily Worker Newspaper, June 26, 1931, Page 4

Published by the Comprodaily treet, New York City Address and mail all checks to 2at ’age Four Publishing Co., 1n¢ N. Y. ‘Telephone Algonquin 7956-7, Cable cmtry except Sunday. at 50 East the Daily Worker, 50 East 13th Street, New York. N. ¥. 6 scat. Dail Catt. Ong Yorker: Porty U.S.A. SUBSCRIPTION RATER: \ By mail everywhere: One year, $6; six months, $3; two months, $1; exvepting Boroughs ot Manhattan and Bronx, New York Ctly, Foreign: one year. $8- six months, $4.50, By ALEX BITTELMAN. 1. The Present Capitalism is driving hi This coming imperialist w more terrible, more bloody, r will Crisis and the Growing Danger of War anity to a new world war be a thousandfold more ruinous for the toil- tng masses than was even the world war of 1914-1918. Capitalism Is Driving Humanity The Daily Worker today begins the first of a series of 18 articles by Alex Bittelman on the ever growing danger of war. The articles are of the utmost importance and should be put into the hands of every To A New World War!! cenary is lining up to save dying capitalism and to check or crush growing Socialism. All who are ex- ploited and oppressed, in the capitalist and colonial countries; all who fight for a better and beautiful life, for real progress and social growth, against war and for fraternity among nations; all these are lining up with the revolutionary working class to kick the stink- ing carcass of dying capitalism into oblivion, to defend the Socialist system of the Soviet Union and to es- The militarists all over the world declare proudly: It worker, will be a NEW TYPE of war. A war of poison gas and airplanes. A war of tanks and machines. A war in which there will be no neutrals and no non-com- er foe ate ne egamteany pe a la clara LN a machinery, electric power, and all that is necessary to 2 : fee : make life possible and happy. In fact, the present | Wa: what? War—for whom The answer is crisis is a crisis not of underproduction but of OVER- he Pee esas ce ae ora 7 Pee se PRODUCTION, Then, what is the trouble? Why can’t hrow the.rule of the workers ar s Union of Socialist country of Socia War of the United States This will not be the answer of the capitalists have a different answer The capitelists and ‘eady re preparing. will have—they the war which they their governments will say that they are waging war OWN ard control everything necessary for productioti, to end war, just as they told us when they were drag- =| iva and competing capitalists—individuals and big een (i), the egies smann a | within one country and between various coun- ee Saeed of persuasion but / tvies—are producing goods for world markets without with all the forces of violence at their command, to SMEG LAA GHLNDEL HEE LURE CHIRAC lay down our for country, home, civilization, re- the The same as they did in the robber war of 1914-1918 when, through the sweet mouth individual “ibe and what not ligion, fathers. rty. of Woodrow government achine, to make the world safe for democracy |—they will undertake to a the coun will x ify a thousandfold their Soviet Dumping” and “Soviet fuse the masses 2 class sees no ott tem from And Crisi: revealed by riminal bankrupt. ae society as a whole. aim to existence rested upon its ability ce, development of society. her of the world’s toiling population. in the U EVERYONE that is what happens in reality? women can find no employment. lion workers are employed only part time. v and mers are dying of hunger. way for the lack of food. Why? Is there a shortage of food? the land is everything. A surplus of wheat, Soviet Republics and to bring the back under the yoke of capitalism. to assure world domination for the ruling class heritage of our Wilson and with the brutal terror of their they drove us to the slaughter use us with their that is bulilding n of Socialist Soviet Republics. They hypocritical cry about forced labor" nd terrorize them into the war. The truth is that the capitalist way of saving its rule and its sys- | under except by means of a new world is war they are preparing with feverish Reveals Bankrupicy of Capitalist System the present crisis as at The capitalist sys tem is still good enough for the rich, but it is in violent | opposition to the interests of the workers, the farmers, The capitalist system, to develop has become a BRAKE upon ed States, we have got EVERYTHING to provide a healthy and contented life for | able and willing to work. Thirteen million men and About ten more mil- Millions of No, on the contrary, OVERSTOCKED with food and all other means of subsistence. There is a SURPLUS of nearly meat, clothing, steel, we enjoy Union? ruptey st glaringly. They for production, fore- oyganization. for their labor power, reproduce themselves. majority the very goods. of the population, to con- duction. seven to ten years. great crises, whose tween these crises. ist system the worst of all that preceded it. touched by the crisis. But of capitalist crises. Literally, Why is this so? is GOING UNDER. The Wisconsin Hunger March 'HE Hunger March of Wisconsin afforded vol- umes of experience for the working class. Due to the mass pressure, the ‘socialist mayor of M2- cine was compelled to feed the marchers at noon, June 13. A section of the rank and file members of the Racine S. party and joined the unemployed branch on ac- count of the hunger march A permit to march and hold street meetings, not only in Racine but in every town or city on the Milwaukee and Racine line, was granted by the city officials. And in Elktown Janesville and Watertown, the city officials were compelled to feed the marchers. Thousands Greet Marchers! Thousands of workers and farmers came out to greet the hunger marchers and hear the de- mands to the state legislature. The capitalist papers were obliged to print big head lines with our demands, due to this mass pressure mani- fested by the working class. The whole country side was aroused and hundreds of Daily Work- ers, Labor Unities and pamphlets were sold and given away to the workers. Many unforeseen obstacles arose, such as lack of food and housing in Madison, etc. The men immediately set up food and housing commit- tees, which functioned very quickly. Real work- ing class discipline prevailed at all times, both when marching through various towns and dur- ing the time the marchers stayed in Madison. They marched in a military fashion, carrying signs, shouting slogans for social insurance and ex-servicemen playing the leading role. Shortcomings. There are many shortcomings and mistakes to be noted, chief among which are: Insufficient time for preparation, which was mainly due to the Milwaukee Section Committee, which was discussing the hunger march for many weeks with only two weeks of real preparation. The S.C. falled to call a broad united front confer- ence in order to involve as many workers’ or- ganizations as possible and to set up a commit- tee which was to carry on activities for the march. Not one mass organization was in volved. An emergency conference was called, but it did not materialize. Not enough press re- leases to the workers press, and not sufficient numbers of Negro and women workers involved in the march. We failed to send out scouts weeks in advance to mobilize the workers behind the hunger march. Only few open air meetings were held and no local struggles created. We failed to visit the A.F.L. locals and to get them to en- dorse the hunger march. Not one unemployed branch organized. The return of the marchers was disorderly. Meetings were not held to report to the work- ers as to the results of the hunger march, in va- rious towris. Due to the failure of the delegation of 15, which was elected to present the demands to the legislature, to report to the hunger marchers as to the results of the delegation in the state capitol, the marchers did not know the answer of LaFollette to their demands. The Superior Section Committee failed 100 per cent to co-operate with the Milwaukee com- rades. They were notified a month in advance, ehout the march, yet it took them two weeks to e-cwer our first letter. Under the excuse that {hore was not sufficient time to prepare, they ‘sent five unemployed workers hitch-hiking to P. quit the socialist | | Madison. The hitch-hikers expressed the idea | that they did not know anything about leaving | for Madison, till 24 hours previously. | All the mayors on the three lines of the march were notified that the hunger marchers would pass through their respective towns and that the men are demanding free food and housing and the right to hold street meetings. On the Supe- rior Line, we had planned to go through Ash- land, Merrill, Prentice, Philips, Wausau, Stevens Point. Portage to Madison. The capitalist papers carried big headlines about the hunger march | in these towns. Thousands of workers and farm- | ers were waiting at the appointed time to greet the marchers. But the marchers failed to show up. Instead they were hitch-hiking or riding the freights on their way to Madison. The Superior Section failure to organize something of a sem- blance of a hunger march, shows that they grossly underestimated the importance of fight- ing for social insurance at this time. The Mil- waukee section tried hard to co-operate with them. We sent them leaflets, plans, letters and not even bother to answer us. They did not-con- tribute one penny to the expenses of the hunger march. This march proves that the masses are more than ready to fight for our demands, but that we are not sufficiently prepared to lead them. While we actually aroused thousands of workers throughout the country side, we failed to crys- tallize this sentiment into real organizational re- sults. Perhaps it is not so much the misunder- standing of the comrades of the importance of getting organizational results, as is our inability to link up every phase of struggle of the jobless with the question of organization. The march also showed that our Section is still in agita- ‘ional stage and it must realize that the workers are ripe for organization. Organize Unemployed Councils to Fight for Unemployment Relief. Organize the Employed Workers Into Fighting | Unions. Mobilize the Employed and Unemployed for Common Strug- gles Under the Leadership of the Trade Union Unity League -Workers! Join the Party of. Your r Class! Communist Party U. 8. A. P. O. Box 87 Station D. New York City. Please send me more information on the Com- munist Party. NAMe .....scsseccscscccecccccccnccsooencs Address City .. ae Bate .ssscceseee Occupation Lseneerserenenewereresses ABE weenes -Mail this to the Central Office, Communist Party, P. O. Box 87 Station D. New York City. two telegrams, but the Superior comrades did | the fruits of our labor, continuing to pro- duce more for our use, as they are doing in the Soviet Here is where the capitalist system reveals its bank- Here is where it shows itself a brake upon the life and development of society. capitalist system of prodction is a system not for use but for PROFIT, for the profit of the capitalists who the exact opposite of Socialism in the So- viet Union whose production is based upon plan and The capitalist class pays the workers when it is employed, just as little as is necessary to subsist—not to live—and to Agriculture is exploited to fat- ten the profits of the speculators and banks, sult is the IMPOVERISHMENT of the overwhelming and the undermining of markets for which capitalism *is producing Again the exact opposite of the Socialist sys- tem in the Soviet Union, where goods are produced for use and not for profit, and where the demand for goods and the ability of the masses to satisfy their needs are growing at a tremendous rate. The private ownership of the means of production, the anarchy of production and the capitalist exploita- tino of the toiling masses—which is the basis of the capitalist system—inevitably produce crises of overpro- Such crises occur periodically, Since the year 1897, the capitalist system of the United States has passed through six not counting serious depressions in be- These cyclical or periodical crises of overproduction, which bring untold misery and suf- | fering to the masses, are inseparable from the capital- Capitalism can | er provide either work or food for the majority But the present cyclical crisis of overproduction is Not a single country in the world, EXCEPT the Soviet Union, was left un- It has already lasted longer than most other crises, and continues to deepen. The num- ber of unemployed and the scope of the misery and suffering of the masses have no paralell in the history Because the present economic crisis, one of the many cyclical, periodical crises under capi- talism, is taking place at a time in the world’s his- tory when the capitalist system AS A WORLD SYSTEM The late imperialist war of 1914-1918, and the revo- | | The Jast war, The re- decline. about every ization. world over. this main issue. lutions that followed the war, have delivered a mortal blow to the capitalist system. The victory of the work- ers’ reyloution in Russia in November, 1917, has torn out of the ‘capitalist world system one-sixth of the earth, removing former Russia and its 180 million people from the field of capitalist and imperialist exploitation. All the important colonies—China, India, Africa, Latin- America—the sweat and blood of whose people is made to swell the profits of the capitalists enabling them to carry on their criminal rule—the oppressed peoples of these colonies are in revolt against their oppressors and despoilers, refusing any longer to be sacrificed on the altar of the dying and rotting capitalist system. The agricultural crises and ruination of the farmers, the Soviet Union. The capitalists have come to the con- worse for the last ten years, and is aggravating im- mensely the present economic crisis. As a result of the the capitalist class of the United States emerged as the foremost capitalist power fighting for markets, colonies and world supremacy especially against its main rival, the old imperialist power, Great Britain. This upsets the world capitalist system, sharpening the rivalries within it, and hastening the process of its The capitalist system has never been able to recover from the mortal blow that it received from the last imperialist war and the susequest revolutions. capitalists could do was to patch up things for a while by means of more intensified exploitation of the work- ers and farmers, by squeezing tighter the oppressed colonial peoples and by enslaving the peoples of those countries—Germany, for instance—whose ruling class had lost the last war. capitalist stabilization have enabled the capitalist class to hold off for a while the day of final collapse of the system. But at the same time, they have also hastened the coming of the present crisis, contributing to its depth and unparalleled acuteness, accelerating the rise of great revolutionary movements in the capi- talist and colonial countries. and the growing revolutionary movements are bringing to an end the temporary and decaying. capitalist stabil- The Soviet Union Reveals the Superiority of Socialism Over Capitalism Just as the crisis reveals the capitalist system as bankrupt, antiquated, decaying and poisoning the lives of the masses, standing in the way of social progress and preparing to precipitate a new world slaughter; the UNION OF SOCIALIST SOVIET REPUBLICS points the way to a new system, the Socialist System, a SUPERIOR system, destined to replace capitalism the This is the antagonism between two social systems. The capitalist system going under. tem coming up. The whole world is lining up on All that profits by capitalism and imperialism; all that is reactionary, rotten, and mer- tablish the Socialist system all over the world. The camp of dying capitalism, which is still powerful cialism. ment. All the These oppressive policies of Thus the present crisis tion. Thé Socialist sys- Union. and menacing, has not ceased for a single instance to wage ruthless war against the camp of growing So- This uninterrupted warfare of the capitalist Military intervention against the Soviet, Union the greatest menace at the present time. ening imperialist rivalries especially between the United States and Great Britain, very acute in Latin America, which are leading inevitably to war, are making the danger of military intervention against the Soviet Union even more menacing. two imperiali:t robbers come to grips with each other the more they are tempted to settle their differences— temporarily--AT THE EXPENSE of the Soviet Union end the teiling masses of their own countries and of thé colonies. j The mission of Stimson and Mellon abroad is a WAR MISSION. the European capitalist world against the Socialist world takes shape in wage cuts, unemployment, ruination of the farmers, lynchings and persecution of the Negroes, fascist governmental persecution of labor and farmer organizations, secution and deportation of foreign born, attacks upon the colonial peoples, and economic warfare against the Soviet Union preliminary to ARMED INTERVENTION. The capitalist class is prepared for armed war against the Soviet Union. The caitalists have come to the con- clusion, especially after the trials of the wreckers and Mensheviks in Moscow, that there is no force WITHIN the Soviet Union able to overthrow the Soviet Govern- Consequently, for MILITARY INTERVENTION as its only way of saving capitalism by destroying socialism. War Is the Capitalist Solution of the Crisis The crises raises before the capitalists of EACH country the QUESTION OF WAR to secure markets for the existing surplus of goods. The growth of Socialism in the Soviet Union, and the growth of the anti-capitalist revolutionary move- ments in the imperialist and colonial countries, raises before the capitalists of ALL countries the question of MILITARY INTERVENTION against the Soviet Union. This is the danger of war, which is imminent, acute and near. by the Communist International and its various sec- tions to demonstrate and fight against on AUGUST FIRST, which is International Anti-War Day. It is in the United States, in the war and imperialist Policies of our “own” ruling class that the war danger largely lies. States that against the capitalist class of Great Britain which has held this supremacy before the last war, it now and won't surrender it peacefully. the Hoover government, and the capitalist groups that support it, which is leading the economic war against the Soviet Union in preparation for military interven- per- the capitalist class is preparing This is the menace that we are called upon It is the capitalist class of the United is fighting for WORLD SUPREMACY but is losing It is again is The sharp- Why? Because the closer these It is a mission primarily to line up powers against the Soviet Party Life Conducted by the Org. Dept. Central Com- mittee, Communist Party, U. S. A. Into the Small Towns! By M. P. (Albany, N. ¥.) functionary from the “provinces” met a city functionary while in New York recently. They had been on the same unit buro until a few months ago, when one was sent into a small- er city. Exchanging experiences, they learned that whereas the N.Y.C. unit was practically in the same place, the same number of members, etc., the functionary “from the provinces” could report about fifteen new Party members, a growth in International Labor Defense and other work, etc. This is no particular exception. I believe. Many comrades feel that more forces should be re- leased from New York and sent into the smaller centres. And there are lots of young, intelligent comrades in New York who are willing and eager to be sent. Why then. isn’t this being done? We believe it is due mostly to inertia and mis- understanding, from both above and below. The first obstacle, for example, seems to be the question of support. Yet, the writer’s ex- periences in three or four smaller cities have convinced him, that where a functionary is alert and conscientious, he will find workers to feed and lodge him (or her), and make it possible to carry on. Next comes the question of experience and ability. Yet this can be overcome in young com- rades by frequent directives from the Center; by close application to the line of the Daily Work- er and party literature. Above all those func- tionaries who maintain close contact with work- ers (not the petty bourgeois sympathizers) will be in little danger of major deviations, Next comes the question of finding comrades willing to leave New York City for work outside. I am positive that dozens of good comrades can be had if the call is spread through the units and mass organizations. It might be necessary to explain away certain bogeys which New Yorkers have about working in the smaller citiés (fear of isolation, boredom’ reluctance to leave the distractions of N. Y.), but once they understand the fine, fresh enthusiasm which is encountered among the workers in the smaller centres, who are crying for organization, they will experience a new gratification in Party work, such as is seldom enjoyed in N. Y. and the largest cities. Comment: This article is generally correct. We need forces outside of New York very badly, but the article leaves the impression that in New York nothing can be done, that there is no use to work here, let the comrade go out of town where splendid results can be achieved. This is absolutely incorrect. The work must be carried on everywhere. And if it is carried on with enthusiasm, not only the Al- bany unit will have results, but the New York units also. ... ++ The N. Y. District has already called on com- rades to volunteer for out-of-town work, and some response has already been obtained. ( PRE-CONVENTION DISCUSSION YOUNG COMMUNIST LEAGUE, U.S. A. Some Stumbling Blocks in Building Our League By J. MARKS. i Ese plan of work of our League brings the | of shop contacts are shortcomings of our activities in bold relief. Some of our stumbling blocks are: (1) INCONSISTENCY IN DOING WORK. With the introduction! of a new plan of work or new methods there is seen a bustle and a peppy response, but in the cours? of the plan or application of a new method thc:> is a dying down that seriously hinders our wor. In Chicago, for instance, “storming” of shops was greeted with enthusiasm. Shock troops were set up. Daily schedules were worked out. Comrades were assigned to visit the shops, etc. Some contacts were gained, contacts with clubs around the shop were made. Work among un- employed shop workers gained some results, but then came the hitch—not only was this opening not used to go a step further to consolidate but the methods that got the preliminary results were slowly forgotten. In unemployed work the same; we vigorously tackled unemployed branch work. We developed the method of working in neighborhood centers where youth are found (pool rooms, etc.) Thru this method we brought youths to demonstra- tions in an organized body. We got youths in unemployed branches and formed Youth Com- mittees in four places; the neighborhood work and mobilization methods were soon lost. On May 1, from all appearances we had forgotten this good method of reaching the youth. The Unemployed Branch Youth Committees existed for a while and they were lost to us. The same inconsistency in following up work can be noted for other fields (squad movement, point sys- tem), etc, The lack of control and check-up of the District, Buro is mainly responsible. (2). WE GET YOUTH—WHAT TO DO? Our League as a remnant of the past “stewed in its own juice.” We talked, “we must get into the shops, we must reach the tuemployed youth, etc.” When proper methods were used and we got contacts at shops, reached the unemployed and thus made our first break from complete isolation, we were at a loss how to utilize the youth we had organized. This applies particu- Jarly for our Young Liberator branches. Our League, formerly based entirely on propeganda had not dealt with youth previously and we were in a jungle of experiences. Sometimes the organizing of youth in the Trade Union Shop Committee, YL, etc. seemed an end in itself. We did not understand that the first consoli- dation of our work really was the start for real work, Therefore we recorded the fact that this or that was organized and we left it rest, in- stead of following up and giving our shop con- tacts, etc., a program for work, close attention and check-up, Even worse than this first evil is the failure to consolidate results from our activities. This is evident in our shop work where contacts are gotten through storming and not organized in any form, In our campaigns we do not cash in, many times. This is sometimes due to so-called } “technical” and organizational reasons. Names gotten and sometimes “responsible” comrades forget to visit them or lose the names, In some districts (this is true in Chicago) names are gotten of youth and be- cause arrangements are not made to visit them or inform them of meetings many prospective members are lost to us. A small thing like giv- ing one comrade in the District Center the re- sponsibilities of arranging to inform contacts of meetings is overlooked. (3) FEW MEMBERS INVOLVED IN WORK AND FEW RANK AND FILERS. We draw up plans basing ourselves on the full membership of our League. Only a small percentage are involved in carrying it out with the results that our plans are not completed. This situation must change. Our Squad Movement and point system were a means of making this change but were not carried out sufficiently. Then again how many units had unit plans or checked up regularly. In Chicago, for instance, we had re- sults in unemployed work, but a half dozen comrades were involved. When some comrades got jobs or were forced to leave their unem- ployed work, we had a set-back. In shop work a few leading comrades were involved. When unusual situations arose and these comrades were forced to “loosen up” and the work had a set back. In the LSU work in Chicago, for instance, there is another problem—the responsible com- rades in the work unconsciously practice bur- eaucracy, that makes it tremendously hard to make real progress. A 20 man job cannot be done by 2 or 3 people. The cry is, “I’m the only one that can do the work, and other com- rades are too raw.” And that slogan is the monkey wrench in the League machinery. No faith is placed in new comrades and little ef- fort is made to train people for work. These are only some of the problems that must be an- swered by our League. Our preconvention dis- cussion will disclose others. All must be solved if we are to move forward. Uncover Starvation and Misery The capitalist press, the agents of the ruling clasc, has been publishing less and less news about unemployment. It hides the starvation of the unemployed workers’ families. We must constantly expose the miserable treatment of families of the unemployed by the city governments and charity institutions. We must uncover all cases of starvation, un- ernourishment, sickness. We must pub- lish these cases in our press, in the Daily Worker, in Labor Unity, tell them at all workers’ meetings. Un- employed Councils should publish bulletins to inform all workers of the starvation and misery of the unemployed. } laying there? Ethoue | By JORGE a From “Ole Virginia” A Woodstock, Virginia, paper is doing tts small part in printing a string of anti-Soviet lies in behalf of a certain Mr. J. Carson Adker- son, a local Babbitt who has attained renown as the head of the “Joint Conference on Un- fair Russian Competition” along with Ex-Em- bassador Gerard. Probably Adkerson is the 60th man Gerard could name as the ruler of America, Other- wise, he’s president of the American Manganese Producers Association, so you see his cash in- terest and his patriotism are identical. The gentleman appears to worry aBout “slave labor” in the Soviet Union, but never notices that sixty girls, mostly farmers’ daughters, are working ten hours a day in an insanitary over- all factory right in Woodstock—for a few dol- lars a week. Also, that chain gangs of both white and Negro workers are building roads for these rich “patriots” to ride cars over— by real convict labor. Like all fakers, Adkerson tells about “unfair” competition, while his own miserable little man- ganese mine was always “open shop,” and the manganese itself is so poor that steel com- panies won't use it at all if they can buy So- viet manganese for twice the price. Yet he calls his company the “Hy-Grade Manganese Co.” Capitalists always advedtize what they haven't got: “all wool” suits are usually shoddy cotton.” In Ben Franktin’s Own Town From Philadelphia, the “City of Brotherly Love,” we get the following note from a worker: “Riding along Market Street on an east-bound wolley last Saturday morning, I noticed large cakes of ice, measuring about 5 by 3 by 41 each, one placed on each of the four corners of all intersecting streets from Broad Street down to Delaware Avenue, about 56 cakes in all, weighing approximately seven tons. “For what purpose do you think they are To give the poor multitudes, suffering from the smoldering heat of one of the hottest summer days an opportunity to obtain a cool drink? Not on your life! “Looking closer, I noticed that, frozen in the center of each cake of ice, was a paper sign informing the passers-by of the cool air in the Mastbaum Theatre—a captialist advertising stunt! Seven tons of precious ice going to waste while thousands of poor children were wilting with thirst for a cool drink on a torrid summer day! “Yet the exponents of such a wasteful, crazzy economic system dare to fake the masses by proposing a ‘ten year plan’ of capitalist waste to offset the well-planned Five-Year Plan of socialist construction!” * What, Another Sixty Days? In 1923, when German capitalism was lying flat on its back gasping for air, Wall Street rushed the pulmotor over with Rufe Dawes and his funny pipe. So the Dawes Plan was born about nine months later with the blessing of the first “labor” government in Great Britain, Dawes became a Great Man over night. Gone was the memory of how he helped Lorimer, a Chicago banker and politician, swindle depos- itors’ money. The Dawes Plan nearly gave us Dawes for President. But before 1928 elections, the Dawes Plan. was on the rocks. That saved us from having a jigger-piped fascist for President. So. after Dawes’ pulmotor wouldn’t pull any longer, Owen D. Young, one of Morgan's young hopefuls, was sent over with an oxygen tank. Meanwhile, under the Dawnes Plan, American bankers had poured over a billion dollars into Germany in loans. That's why Young took charge and after his famous “Committee of Experts” experted for a year, the Young Plan was hatched out in - 1930, with a long tail feather called the “In- ternational Bank of Settlements.” But hang it all, hardly had Owen D. Young got back to the General Electric Company and a democratic boom of “Young for President,” than the thing caved in again in spite of all the German “socialists” could do to help the Bruening capitalist dictatorship load the work- ers with taxes, wage cuts and “economics.” ‘They said: “These capitalists don’t know how to run capitalism, they pile a load on the work- ers that would break the back of a mule. But if the workers take our advice we'll fool these capitalists! Let the workers bear the burden, save German capitalism and show up the bun- gling capitalists!” But the German workers began to balk. Bar- ricades went up in the streets and stocks went down in the stock exchange. Something had to give way. , Something did give way. Hoover broke the ice of “splendid isolation.” Remember that the U, S. Government never signed the Versailles / Treaty, nor “recognized” the Dawes Plan, nor | the Young Plan. Under Harding, Coolidge and Hoover, the U. S. said “Our economy is inde< pendent of Europe's. Europe may be bank- rupt, but we’re not, we're prosperous and will remain so.” “That's right!” said John Pepper and Jay Lovestone, If you don’t know these lads, we'll say briefly that they were once in the Com- munist Party but got bounced out for being faithful to Hoover. But now Hoover has bee trayed them; a dirty trick since they never betrayed Hoover. Now we have the Hoover Plan, as an amendment to the Young Plan, which was an amendment, to the Dawes Plan, Hoover has promised to save Germany. More, he’s going to solve the whole world crisis, To do so will cost just $427,164,040, the total repara- tions loot from Germany for one year, That's mighty cheap salvation for capitalism. ‘The funny thing is that Hoover says that not to pay this will save Germany, and not to get this money will save the rest of the world. France doesn’t want to be saved. Not that way. France would get $100,000,000 from Ger- many, and doesn’t want to be saved by not getting it. A mean man in the French parlia- ment said that Hoover is generous with the money of American and French governments, because what Germany does’n pay them can be used to pay interest to Wall Street bankers who have billions invested privately in ‘German loans, Anyhow, Hoover offers to solve the world crisis at reduced rates and promises that pros- perity will be back in one year. But om March 8, 1930, he sald it would be back in sixty days, ‘This promise is just as full of hooey one.