The Daily Worker Newspaper, March 11, 1933, Page 1

J = Editorials The Hunger Drive Grows Fiercer E “new deal” is operating full blast! The new Wall Street hunger and war administration at Washington, as the executive committee of the capitalist class, is savagely attacking the standards of life of the toiling masses. There is in effect one increasing purpose in carrying through with more vicious forms the attacks on the masses carried out under the Hoover administration. The Roosevelt administration formulated the “emergency banking law” for the bankers, The house of congress, that “great deliberate body” that is supposed to represent the “popular will” passed the thing without | even knowing what was in the bill. As the Times reports “it did not even wait for a copy of the bill”. The bankers pulled the strings and the marionettes jumped! After the bill was adopted it was still in an “un- finished form” and was corrected in the type forms at the government printing offices. Does anyone need any more convincing proof that all important decisions of government are made, not by the political puppets, but by the bankers and the stock exchange? ‘The bill itself confirmed the war-time provisions that Roosevelt had already decreed in effect. It gives the executive the power to establish a dictatorship over the whole national banking system; to exvropriate small depositors all over the country, who stand to lose immediately not less than six billion dollars, and, in the course of the application of the Roose- Yelt policy, many times that amount within the next few months. Roosevelt will be empowered to open only those banks he desires to open and to keep others closed, or to reorganize them. These dictatorial powers enable him to declare banks unsound and to liquidat ets—that is wipe out deposits and concentrate more power in the hands of the big- gest bankers. The bill authorizes unlimited inflation, which will be launched with an immediate issue of not less than $2,000,000,000 in currency. When we consider that the currency now in use is $7,000.000,000 we can get some idea of exactly what degree of inflation exists. When, in addition to this there is also proceeding the issuance of clearing house scrip in the various states, it can be readily understood how the cost of living will soar to unprecedented heights. Inflation will continue so that the government will be able to “balance the budget.” That is to say, pay off its internal debts in currency turned out on printing presses without any regard for gold backing. As Lenin Said “inflation is a worst form of forced loan”. mean + instead of floating a loan and trying to raise money to pay its obligations, the gov- ernment simply prints new money, hands it to holders of maturing gov- ernment bonds and wipes off the debt to that degree, “ Not satisfied with this achievement for one day, Roosevelt sent a Second message to congress in which he recommends drastic slashing of wages of all government employees, and reductions in payments to war veterans. Thus, instead of paying the veterans their back pay, Roo- Sevelt proposed further to pauperize the veterans. Two messages to a special session of Congress, but not a word on relief to the starving tinemployed! ‘These monstrous attacks all along’ the line against the workers, farm- fs, ex-soldiers, impoverished intellectuals and professionals, against the small depositors must be met by the most relentless struggle to compel immediate emergency relief for the toiling masses, to compel unemploy- meni insurance, to guarantee to workers a living wage. Let the insolent and brutal ‘Wall Street gang and their hireling crew of mercenaries in the administration and in congress know that they dare not continue their present course. Trotskyites Retain Faith in Strength of Capitalism first violent expression of the present deep going economic crisis took place in October, 1929, when the stock exchange crash occurred. At that time the master minds of the ruling class assured every one that it ‘was merely a depression and that it will not last long. Those of them who tried to appear more “scholarly” consoled the masses with the state- ments that we had Sres in the past, and we survived them. The present erisis ig another one of the old type of crises which will quickly pass over. ‘The ideas of these bourgeois scholars had their echo in the ranks of the workers. The carriers of these poisonous ideas were the socialist lead- ers, the renegede Lovestoneites and Trotzkyltes. At the time of the Stock Exchange crash of 1929 we were assured by the writers of the counter-revolutionary “Militant” that: “This (Stock Exchange crash) does not point to a risks but in- dicates a growing depression.” (Max Schachtman, “ 14, 1929.) Let the followers of Mr. Trotsky dare at the present time to tell the workers that we are merely in the midst of a depression, and not in the worst crisis in the history of capitalism. Even Roosevelt in his inaugural address was compelled to state that “only @ foolish optimist can deny the dark realities of the moment.” Unlimited is the faith of the Trotskyites in American capitalism. Not even the present growing financial collapse can shake their confidence in American capitalism. In an article in the March 6, 1933, issue of the “Militant”, on the national banking crisis, the Trotskyites deny that the present banking situation, will in any way further deepen the crisis. The counter-revolutionary Trotskyites are cheerful enough to see @ return of prosperity growing out of the present financial collapse. With a great deal of assurance, they write: “At the present moment in the United States whether or not the turn in the crisis has already arrived(!) unquestionably most of the work of the crisis in violently and brutally solving, for the mo- ment, the contradictions developed during the boom, has been accomplished.” (Our emphasis.) In the present banking crisis the Trotskyites already see the solu- tion of all the “evils” which grew out of the “boom” period, thus clearing the way for a new “turn in the crisis”, for a turn towards prosperity. In 1929 the counter-revolutionary Trotskyites did not see a crisis but @ depression. In 1933 when production in the very basic industries of American ¢_pitalism is sinking to the 19th century level, when we are faced with 2 world-wide financial collapse, we are told once more that this is merely a secondary banking crisis which will even do some good for capitalism and clear the path for a return of prosperity. Since the development of the crisis in 1929, in unison with the capital- ist economists, the Trotskyites and Lovestoneites denied the sharpening of the crisis in order to luli the growing readiness of the workers to Stage by stage prior to and since the Stock Exchange crash in 1929, the Communist International correctly predicted the development of the erisis. Upon the basis of the correct analysis of the development of the present world crisis, the Communist International established the correct strategy and tactics for the mobilization of the masses for struggle against the capitalist offensive, Roosevelt Gov’t Makes Vets Pay for Crisis HE ROOSEVELT Governiment is getting ready to skin the hides of those war veterans who “fought for Democracy,” who “defended the honor of poor Belgium,” who, “defended the honor of the flag.’ There is a crisis in the Budget. There is already # deficit of a billion and w half ‘dollars. And the deficit is growing larger every day. The credit of the Government is getting shaky. Four months ago the Gov~ ernment had to pay 0.02 per cent to borrow money. This month it had to pay over 4 per cent for a short term loan. How does the Government attempt to meet this deficit? By reduc- ing the huge exvenditures for armaments? By placing heavy taxes on the fortunes of the rich? By eliminating the fat jobs of the politicians? Not one bit. The government js sharpening the axe az>inst the workers, atainst the compensation pa'd to the veterens fer risking their lives in the intevests of American imneriot'sm. The RocSovelt povernment is faced with a cho'ce—it must ent into the fortunes of the rich, or it must dtive down the living standards of the work-rs and veterans into deeper poverty and misery. Unhesitatingly it makes the choice--the veterans must pay. It is significant that Roosevelt's choice for Director of the Budeet, Douglas, so widely acclaimed by the capitalist press, has been for years notorious for his opposition to veteran’s compensation, and for his in- sistence that these nayments to the war veterans be drastically reduced. It is apparent that Mr. Douglas has been chosen by Roosevelt to perform ty labor of love. What the reactionary Republican Congress feared to do, “liberal” Roosevelt is ruthlessly preparing to execute. et will be remembered that the wily Roosevelt told the veterans be- fore his election that he thought that the payment of a cash bonus would be against their own interest in that it would bring on a wave of inflation. Now the veterans, as well as the entire working class, are facing infla- tion with a vengeance—but with no bonus to show for it . . . Roosevelt tricks the war veterans, as he attempts to trick the rest of the workers. Stop the cash relief for Big Business! Immediate cash payment of the Bonus! Not @ cent off Veterans’ Compensation! 50th ANNIVERSARY MARX MEMORIAL MASS MEETING AT 7:30 P. Vol. X, Vol. 60 <p> New York, Dail Central Org (Section of the Communist sisinineraia iste N. Entered as second-class matter at the Post Office st » Onder the Act of March 8, 1879. NEW YORK, | SATURDAY, MARCH 1 1933 orker of ‘the-Co) Tpunist Party U.S.A. EDITION night. being wiped out. live. READERS:~— W ORKERS MOVE | TO GET SAVINGS Protest Meetings On Bank Holiday NEW YORK—1 and har- rassed by a multitude of difficulties, in many cases not even able to pay | car fare home, thousands of New York workers who do have jobs got no pay yesterday, on account of the Bank Holiday, just extended by the | generous Mr. Roosevelt. Some com- panies paid with a sneer in worth- less checks, some didn’t even do that. But the workers want their pay, and they are on the move. Rallying to the call of the Communist Party: “Demand your full wages in old cur- rency value!” thousands are on the move to bring pressure on employer and banker. ‘Three big mass meetings are sche- duled for Sunday and Monday. To- morrow at 3 P. M., all West Side workers are called to a protest meet- ing on the Bank Holiday and pay- less pay days. They will meet at Ir- ving Plaza Hall. At the same time, West Side workers and small depo- sitors will meet in Spartacus Hall, 269 West 25th Street. Both these meetings are called by Section 2 of the Communist Party. Monday evening, the down town workers will meet for the same pur- pose at Hennington Hall, 214 Bast Second Street, near Avenue B, This meeting is called by Section 1 of the Communist Party. Before Banks Closed Big Bankers Grabbed a Cool $818,000,000 ‘Thursday evening’s statements cis- closed that the Federal Reserve sys- tem paid out $818,000,000 in the two days Friday and Saturday of last week prededing the New York bank “holiday” declaration by Governor Lehman. This amount, the greatest in any similar period in history, was with- drawn by bankers. It is quite plain that these bankers knew what was coming and that they saw to it that they got theirs, Won't Cash Relief Checks; Dole Only For Edison Workers NEW YORK—At least six young unemployed workers have been car- tying around uncashable checks is- sued them for-“relief” by the Jewish Scw.al Service, 799 Broadway. Both this charity and the Jewish Aid, of Brooklyn, advise them to “wait un- til the banks open.” alee for Edison Workers ad of a pay the Edison Co. mbetecaigot aio; oat with @ no-good check for the rest and the advice not to spend it fool- i But During This— ‘The Gibson Committee displayed in every room and distributed to de- partment heads an invitation to “anybody interested in rifle practise to come to a club for the officials and employes where guns, ammunition and range will be provided. 3 for their boxes. opay and tomorrow are the crucial days. Today and tomorrow thousands of dollars must be raised to keep the Daily Worker from Every reader, every mem- ber of a sympathetic organization must be out on the streets, «fleeting for the “Daily,” making the Tag D2ys the overwhelming suc- cess that they must be if the “Daily” is to The indefinite continuation of the bank “holiday” has struck another staggering blow at the Daily Worker. The “Daily” has on hand more than $1,200 in checks that cannot be cashed. leaving the paper stranded. The sharp de- cline in contributions in the financial drive has made it practically impossible to continue publishing under these conditions. today and tomorrow substantial sums are received in cash and money orders from the Tag Days and other sources, there may be no Unless Workers, Small Depositors! ALL OUT FOR TAG DAYS TO SAVE THE “DAILY” All Tag Day collectors should report at one of the stations listed on page Bring back the boxes to your stations no later than Sunday Daily Worker on Monday. Think what this would mean! The bank- ers are mobilizing all their forces to protect their dividends and interest by pillagine of the masses. wholesale Only the voice of the Daily Worker is raised exposing Wall Street’s new hunger drive. Only the voice of the “Daily” rallies the masses to action in defense of their elementary needs. At such a time we cannot, we must not lose our “Daily.” Out on the streets today and tomorrow to save your fighting paper. Continue collections withont Jetup. organize parties and affairs. And RUSH ALL COU- LECTED FUNDS IN CASH OR MONFY ORDERS TO THE DATLY WORKER, 50 E. 13TH ST.. NEW YORK EMERGENCY CHY. COMMITTEE OF THE CENTRAL COMMITTEE TO SAVE THE DATLY WORKER, Robert. Minor. William Weiner, C. A. Hathaway Received vesterday $278.79 Total to date .......... $17,322.24 | FORCED LABOR IS ROOSEVELT PLAN Fight for These Demands] wanis to Pat 500,000 2 and the government. 3. 5 % panies, 8. the small depositors. Arrest and indictment of Mitchell and bankers responsible for robbing | | Full payment of wages in old currency values. | Enactment of Unemployment Insurance at the expense of the bosses | For raise in pay and jobless aid against food price rise. | Small depositors demand re-payment at full value. Immediate reopening of the banks with 100 percent government guar- antee of payment to small depositors. Enactment of laws against evictions. Immediate moratorium on ren' Moe.atorium on workers’ debts to banks, corporations and Joan com- | MARX MEMORIAL MEETING AT 7:30 SUNDAY NIGHT; ANALYZE CRISIS NEW YORK.—The Commur'st Party cal!s a'l workers to the Marx Memorial Meeting Sunday, and urges each workers’ organization to attend the meeting in a body. : NEW YORK —Workers of New York will assemble Sunday at 7:30 pm. at St. Nicholas Arena, 66th Street and Columbus Avenue, to com- memorate the Fiftieth Anniversary of the death of Karl Marx. Leaders of the Communist Party, Max Be- dacht of its Central Committee, and ©. A. Hathaway, New York district organizer of the Party, will point out, in the midst of this period of deepening crisis, the lessons of Marxism. Marx over.half a century ago pointed to the contradictions in capitalism which throw it into peri- odie crises, exch more desperate than the one before, At the present time capitalist lead- ers and government officials and theoreticians fiood the press with their excuses and “explanations” of the crisis. But Marx indicated years ago the basic law, the production of ever more severe crises out of the system of exploitation itself, out of the conflict between a technical and economic basis of social production with individual ownership and con- trol of distribution. Neither tech- nocracy nor any other capitalist theory has exvlained the crisis, still less pointed out a remedy for the lit- eral starvation of millions of unem~- ployed workers during “depressions.” Hathaway and Bedacht will give} the Communist, the workers’ solution. and explain why it is that there is no depression and no unemployment in the Soviet Un‘on, the lend where the workers rule and canitalists have been hurled from control, They will noint out the rovd to the same solu- tion for the worke's of America. The Communist sneakers will show that the Socialist Party, and others like it, which claim at times to be but never are Pe ata are reallv not but parties of capitalism. Marxism can not be divorced from struggle; the meeting will be a mo- bilization for fight against the rob- hery of the workers’ savings through the bank holiday and bank closing, for the right to collect wages, for lower rents and no evictions, for smashing the injunction and “con- tempt of court” proceedings in strikes, for unemployment relief and ely ‘Ua insurance. Meeting at John Reed Club A Karl Marx Memorial Meeting | under the combined auspices of the John Reed Club, the Revolutionary Writers Federation, the Pen and} Hammer, and the National Students League will be held at the John Reed Club headquarters, 450 Sixth Avenue, on Sunday, 2:30 p.m. Among the speakers will be Alex- ander Trachtenberg, Joseph Freeman, | V. J. Jerome, Paul Saulter and Harry Magidoff. Harry Alan Potamkin, executive secretary of the John Reed | Club, will be chairman. Admission | is 15 cents, CITY EVENTS DEMONSTRATION AGAINST EVICTION | of girls from YWCA, 110th St. and Fifth | Ave., 4 p.m. today. Called by Office Work~ ers Union and Lower Harlem Unemployed | Connell. RENT STRIKE PARADE, 3% p.m. today from 303i Holland Ave. to 3039 Holland and to 788 Arnow, Bronx. Called by ling Ave. Unemployed Council use comraltt Also at 7 p. from 658 E. 188th St. to Camberling | ° Meetines: At ¥ p.m. 46 Ten Eyck 8t., Trues*ole sneaking, ested by A Alliance, Sundsv, 2:30 Halt, 27 W. ansth St. TAM MONEY. CONFETENCE: Delerates of all workers oreonivetions meet Sunday, 10 a.m. Irving Plaza Hall. a ee onrren, aan etrery Hrpr ger Aw mente Ines to Camond “he rieht to wet thelr own monew ont of the hanks, Oolled hy the Cemmenitt Party, Eest S'49 workers ot Yoong Plows Fist, Srvtav at 3 pm, Wert Site workers at seme time at Snavirous Hell, 209 West 28th St. Sawer Menhatian workers Men?-~ night at Hennington Hall, 214 E. Second St. |, GREET IMPERIAL VAULEY PRISONER. Reception for Lawrence Emery today at 8:30 P. Bronx, Sklar and Orear Ericson, Imperial Valley Prison~ ers, will speak. MARINE WORKERS masx meeting Sun- day, 4 p.m. at 140 Broad St. John Adams Crisis and How It Effects Marine Workers.” DEMONSTRATE at Finnish CONSULATE | at 11 am. Censalate at 5 State St. De-| misad ra 00 Jobless Finnish seamen Jobless in Camps WASHINGTON, ON, March 10.—A plan for conspicting 500,000 unemployed inj} pp Se labor cours under military| ! discipline is one of the chief items in President Roosevelt's public) works program for “unemployment relief.” This was revealed here to- day by Speaker Rainey, who stated that Roose- # velt would prob- 4 ably submit the pester Gainey public works plan to Congress tomorrow. The plan calls for a bond issue of | $50,000,000, which is expected to pro-| vide a very attractive nest egg for) he contractors. Roosevelt today cail- ed in William Green, president of the American Federation of Labor, to discuss with him ways and means of putting across this forced labor and | militarization plan. ‘EGGS, BUTTER AND FISH PRICES RISE Poor People Are Bear- ing New Burden NEW YORK—News of rising food prices adding to the misery of the toilers seep through today despite ef- forts to soft pedal this in the capi- talist press, out of fear of the effect | of such reports on the masses. The wholesale price of eggs rose} from 16-18¢, butter rose from 21 to| 23c ard 25c a pound. “Demand for food of all sorts has been greatly cur-| reports George G. Royce of} the State Department of Agriculiure, “because people have just not had) | In spite of that |I have had reports of some retail) pranks tailed,” the money to buy. increases in meat, prices.” Fish prices scored the biggest increase, going up 40 per cent with codfish, among the lowest priced fish, selling as high as 25c a pound, Call Tobacco Strike: Fight 30 Per Cent Pay Cut; Need Union | NEW YORK.—One hundred and fifty tobacco workers of the Favards Tobacco Company, at 117 E Street and 3rd Avenue walked out on surike yesterday against miserably low wages. Half the workers are women earning only $7-8 a week. Wages have been cut 30 per cent since De- cember. The Tobacco Workers’ In- dustrial Union has offered its as- sistance to the strikers. The workers have elected a strike committee of 15 and are holding an open air meet- ing in front of the shop today at one o'clock. Workers are urged to show their solidarity with the strikers ‘and attend the meeting. ents 9 C7 o | ROOSEVELT CLOSES THE BANKS INDEFINITELY PIANTS CLOSING; WAGE AND RELIEF CUTS; FOOD PRICES ARE GOING UP Roosevelt A , Banks Insolvent; Hitting | Those Who Try to Hold L ife S Dictator Has Dous To Declare mall Depositors Savings in Gold Are Threatened with Jail | WASHINGTON, D. Mar The bill demanded by | Roosevelt and quickly d by an obedient Congress to help | the bankers carry out further looting of the public, provides ! that anyone who tries to keep his life’s savi the form {of gold or gold-currency shall be fined $10,000 and se | prison for ten year Thus what the bankers could not | deception and tric! Affirms “Emergency” Decrees. The Bill approves the action of elt in evoking the w ime rading with the enemy act and ablishing a dictatorship over all ) bi ae institutions in the mations He has full power of actions in credit, ane | i Banks Closed Indefinitely. | | As a result of the passage of the} as extended the bank | holiday indefinitely, thus only those] | banks can operate which the Wall Street gang decides shall. Roosevelt} | will receive orders from the bankers, j regarding the} to whose agents s ular banks he will permit P It is announced the biggest New York today on that basis. Some Hand-Outs for Depositors. The banks permitted to operate will, according to announcements,| permit each depositor to draw $10 if| | the money is needed for food. Other- wise they will not be able to get their own money even out of these banks. ‘Those having money in banks that Rooseveit will not permit to reopen) will, of course, not get anything. At one blow these depositors stand tc lose no less than six b: n doliars and this loss will probably mount to much more than that before the big bankers think they have bled all they} | can from the rest of the population.| | Issues Reserve Bank Notes, | The federal currency inflation will take the form of the issuance oij what are called “federal reserve bank no which wire no reserve | whatsoever. are distinguished | from the ve notes,” | | which must have a backing of 40 per cent gold. Ii any private concern ‘ operate by merely insert word bank” in issuing its “‘ederal notes” it would be pers: cuted for’ a | confidence game, but the bankers’ government does not hesitate to use such deception. OPEN WATER CLEVELAND, Ohio—Block Com- water for a family that had occuped Unemployed Council. y before, thei blackjack out of the public by threats of fines anc ver, and even for-| Mass mittee 33 succeeded in opening the | passing |the same house for 40 years and troit C:earing House A whose water had recently been shut | printed $26,000,000, off. As a result the family joined the | Block Committee 33. | Paid in as does the sine nment | auto in | ploy ed agai against wages and co Scrip Used In Det government now } 4 jail ANY INDUSTRIES “USE SCRIP WAGES Layoffs Start; Buick Shuts Plant BULLETIN FLINT, Mich., March 10,.—New mass dismissals of workers have begun as a result of the bankin; crisis. The Buick Motor Co. an- nounced today the closing down for an indefinite period of the Buick plents here. Otber auto plants, as well as factories in other industries, are exnected to follow suit, swelling further the ranks of the 17,000,000 unemployed. Worse attacks egainst are being made daily ists try to place the deepening crisis bu W. B. WOODIN Sce’y of Treasury and, Paper Scrip Chief Auto Workers € The o | $250,000 weckly payroll was 1 sh. This is due so! The state banks in 1 affected by the action o! laws relating currency are issuing scri ready for use Monday morning. This is to be used to pay the depositors their 5 per cent allowed Demand a Stop to Fascist Terror! Embassy Your Protest! THOUSANDS OF MILITANT GERMAN TOILERS FACE DEATH OR TORTURE Send Thousands of Communist and So- cialist workers arrested in the fascist | wave of terror and mass arrests; r | throughout Germany are facing in- amps at carceration in the detention hard labor. Dr. Wilhelm Frick, fas-} | cist. Minister of the Interior, inti- mated yé in an address at fort he-Main that these revolution: workers would be sub- jected to a brutal regime of impri- ‘sonment and torture in an effort to force them to abandon their political convictions and bow to the new goose step regimentation begun by the re- turned Kaiser's sergeants and gener~ als in the camp of the fascist reac- | tion, 5,000 Toilers Jailed. Over 5,000 revolutionary workers, together with many persons suspected of sympathy with the class interests of the proletariat, have been arrested during the past two weeks. The ar- rest of Ernst Thaeiman, leader of the German Communist Party, is con- firmed. Hundreds of other function- aries of the Communist Party, in- cluding many Reichstag deputies, are under arrest. Twelve of these Com~- munist leaders were brutally mur- dered by police and fascist storm troops a few days ago on the famil- iar pretext of “attempting to escape.” Urge Mass Protest, danger of a similar fate, unless the toiling masses of the whole world at The working class prisoners are inj | once thunder their ir against the fa organization, every sympa- thetic to the working c should at once adopt protest resolutions and rush them to the German Ambas- sador at Washington, and to the lo- cal German Consulates. Wherever possible protest cubles should be dis- patched to the fascist German Gove group ernment at Berlin. Copies of all pro« test resolutions and cables should be sent to the Daily Wo: Demand a stop t the fascist terror! Demand the release of all political prisoners of the ist regime! The fascist government y ened its control over the sou Franz von Ep} and fascist Reich po- lice head of Bavaria. storm troops hoisted the fascist swatiska flag over the Munich City Hall. The so-called autonomous German States are all now under control of the fas- cist central government at Berlin. The new fascist police commission- er of Bavaria at once issucd an order for the seizure of all Communist lead~ ers and the leaders of the socialist Reichsbanner. Fascist storm troops are being used to supplement the varian police to carry out these at- tacks on the working class. M. SUNDAY AT ST. NICHOLAS ARENA