The Daily Worker Newspaper, March 15, 1933, Page 1

Editorials The Wall Street Foreign Policy ‘HE Roosevelt administration, carrying on without interruption the Policies of the previous Wall Street-Hoover administration, in the vicious drive against the toiling masses at home follows the same course in internationa} relations. In the midst of the intensified offensive against the workers and farmers, ex-soldiers and small depositors at home, the machinery of gov- ernment turns to the business of the war that is raging in the Far East and that threatens to engulf the whole world. To all its other crimes against the masses Wall Street proceeds ruth- lessly to carry into effect the foulest plot of all—another world impe~ rialist slaughter. Cordell Hull, the secretary of state in Roosevelt's cabinet, has ac- cepted the invitation to sit on the League of Nations advisory committee dealing with the “Far Eastern situation.” In the press releases the gov- ernment spokesmen pointed out that the “administration carries on the program of Henry L. Stimson, and adopts an opposite position from that of Soviet Russia, which refused to participate in the work of the League committee.” ° « With the customary language of diplomatic duplicity, Hull speaks of the work of the League as directed toward peace and hypocritically states: “The promotion of peace, in no matter what part of the world, is of concern to all nations. It has been and is the desire of the Amer- ican people to participate in efforts toward that end.” When Hull speaks of the “American people” he doesn’t mean the toiling masses; he means the imperialist bandits and their predatory government. As a matter of fact, the policy of Stimson, which is the policy of Hull, was and is to manouver for position in the undeclared wars that are raging with increased ferocity in the Far East and in Latin-America. The League itself is no more an organization for peace than is the im- perialist United States government. It was with the approval of the League that Japanese imperialism seized Manchuria and set up its own puppet state; while the League talked, Japan perpetrated its monstrous crimes against the native city of Chapei; the same during the bombarding from land, sea and air of Shanhaik- wan; now the invasion of Jehol. It has been under the sanction of the League of Nations that the world-wide rapacity, murder and arson has been carried out against the colonial and semi-colonial masses. The sam _ policy that impels Japan in China, also was the principle on which United States imperialism acted against the Filipinos, in Haiti, Santo Domingo, Cuba, Nicaragua—a policy of unrestrained Enanatery: The Roosevelt administration in accepting the League invitation does so only because it intends to use its position to to bring into its sphere of imperialist influence additional forces in ‘uggle against Japan— its imperialist rival for domination of the Pacific. It is another step in the attempt of Wall Street to solve its crisis by bloody wars and violence. It is in no way accidental that the Washington dispatches should point to the fact that the Soviet Union refuses to be a party to the im- perialist intrigues of the committee dealing with the Far East question in the League. But the Washington dispatch, echoi policy, tries to make it appear that the Soviet Union is against the “peace efforts” of the other powers. This is a manouver to try to solve the conflicts between the imperialist banditii at the expense of the Soviet Union, that is quite worthy of the successors of Hoover and Stimson. A Manoeuvre to Conceal A Great Betrayal feeling of unrest is surging through the ranks of the workers who follow the Second Socialist International. As they turn their eyes to the bloody fascist regime in Germany, they ask the following ques- tions of their leaders who urged the workers to vote for Hindenburg: “You have told us that Hindenburg would be the bulwark which would prevent the coming of Hitler to power. But who appointed Hitler as Chancellor? Who officially appointed Goebels one of the chief lieute- nants of Hitler as the head of the propaganda bureau of the government? Who appointed Goehring, the blood-thirsty agent of Hitler in Prussia? Is it not Hindenburg, representing the capitalists of Germany?” The Socialist workers in the United States are beginning to ask for an explanation from Mr. Thomas. Before the presidential elections he wrote in the New Leader of March 19, 1932, “It was a bitter dose for socialists all over the world to contemplate the necessity German social- democracy felt to vote for Hindenburg in order to beat Hitler, Neverthelss Hindenburg has at least been honest and loyal to the Repubtic.” (Our emphasis.) And the “honest” and loyal “republican” turned out to be what the Communists predicted—a full blooded fascist. ‘The increasing atrocities of the fascist regime in Germany urge on the workers to unite in their struggle against fascism. The social fas- cist leadership, in order to break this growing spirit for wn‘‘~, in order to further disarm the working class, are resorting to the most despicable provocations and manoeuvers. No matter how much they resort to demagogy, it isn’t easy for them to explain their hailing of Hindenburg as a great democrat. It isn't easy for them to explain why they sabotaged the development of a general strike to prevent Hitler from coming into power. In order to cover up their treachery and-further deceive the workers, they say now that they want a united front with the Communists. More than that, they pro- claim that it is the Communist International which “reversed” its policy and is now calling for a united front with the social-fascist leadership. Thus they imply that they did not commit any treachery in supporting Hindenburg. They imply that their treacherous policies have always been correct, and that the Communists have finally seen the light, and have agreed on & United Front on a Social-Fascist program. ‘Thus the entire socialist press, the entire renegade press shout hys- terically that the Communist International has reversed its united front policy, that the Communist International has decided to make com- mon cause with the traitors. Who gave them the lead for that? The New York Times in a dispatch by Duranty, its Moscow correspondent. We read in the dispatch that “The Communist International has reversed its policy of Communist Party exclusiveness of recent years and has reverted to a united front of all workers’ parties under a manifesto issued January 22 and published in the newspaper Pravda today.” The policy of the united front is the policy which was established many years ago by the Communist International and is the very key strategy for winning the workers ‘or struggle against capitalism and exposing the social fas- cists. It is embodied in the program of the C. I. But this obviously, to put it mildy, ignorant cable by Mr. Duranty, is taken up by the so- cialist and the renegades as positive proof of a change of policy by the Communist International. The ignorant and misleading dispatch of Duranty is based on the editorial comment of Pravda of January 22 on the manifesto of the Com- munist International, reflecting the treacherous demagogy for a united front with the social-fascist leaders. ‘The Daily Worker of March 8 carried a cable from its correspondent giving the gist of the text of the editorial which is hailed by the renegade press as evid © of a change of policy on the part of the Communist In- ternational. This Pravda editorial, which comments on the answer of the C. I. to the united front maneuvers of the second International, is a sharp attack on the social-fascist leaders, and a call for a united front with the socialist workers against fascism. ‘The editorial states “The United Front of the working class to fight fascism was not organized, thanks only to the social! democratic parties.” Further, “No fascism could have existed in Germany, Poland, Italy, Hun- gary or Austria if social democracy had not saved capitalism in 1918.” Nothing could be said more clearly. It is the leaders of the Second Socialist International who paved the way for fascism in Germany, It is the leaders of the Second Socialist International who disorganized the united front, thus enabling Hitler to come into power, and who are now turther betraying not only the German working class, but the world pro- letariat in the struggle against fascism. The social tagcists have great difficulties in explaining away their support of Hindenburg. They, therefore, are resorting to what they may think is a clever maneuver. They urge a non-aggression pact between the Communist and the social fascist leaders. With a different name such @ non-aggression pact was suggested at the time of the first and second German presidential elections. They then called upon the Com- munists to unite with them in voting for Hindenburg. What would have happened if the Communists had followed the advice of the Trotskyites, of the social fascist leaders to vote for Hindenburg? It would have meant the complete surrender of the German working class and its revolutionary leadership to the developing and entrenching fascist dictatorship of Ger- many. It will be recorded as the greatest revolutionary service to the in- ternational proletariat that the Communist Party of Germany presented the only working class revolutionary program in opposition to Hinden- burg, who rallied all of the forces to the est:*Jishment of fascist dicta- torship. A non-aggression pact then would have meant surrender to Hin- denburg. A non-aggression pact now with the social fascist leadership, would lead to the greatest surrender and beirayal of the interests of the world proletariat. The Twelfth Plenum of the Communist International which was held in September, 1932, advised all of its sections to take up the united front as a key lever in mobilizing the masses for Struggle against the capitalist offensive. It called for the broadest united front with the’ social demo- cratic workers on specific issues in the struggle against hunger and fas- cism. It stated “and only by strict differentiation between social demo- cratic leadership and workers will the Communists be able by means of the United Front from below to break down the wall which often sepa- vates them from the social democratic workers.” This was the line of the German Comrunist Party before Hitler came into power, immediately atter Hitler caine into power, and it is today the guiding line for winning the workers in one powerful united front against German fascism. We shall come back'o other urgent questions of the United Front in. i ee want aditoniole ig the government's Dail — rker Central Organs the-Co cae Party U.S.A. (Section of the Communist International) New LVoly Xe No. 63 <>» Entered as seeond 2 matter ot the Post Office NI York, N. ¥., under the Act of March 8, 1879 J. NEW Y¥ ORK, WED M ARCH 15, 1933 LEGION HEADS ASK 25°, CUT FOR THE VETS Come Into o Open With Betrayal of Rank Beige File Fa “CALLS ACTION | Build : eae United | Front Against Cuts BULLETIN NEW YORK.—Veterans are call- ed on to rally in Union Square at 7 o'clock tonight to protest against the proposed cuts in veterans’ bene- fits and to demand adequate relic: from the «#'ty for Negro and white unemployed ex-servicemen. After the open-air rally, a meeting will be held in Manhattan Lyceum, 66 East Fourth St., at 8 p. m. All other |W. E. workers invited to attend. Ad- mission free. Speakers: Karl Brodsky, Joseph Cohen, Walter Trumbull and others. | WASHINGTON, March 14. |The American Legion has at ‘last openly come out in support of drastic reductions in vet- erans’ benefits. Ray Murphy, of the National Legislative Committee of the American | Legion, in a statement issued | yesterday, declared that “the need | for economy in governmental expen- ditures ... is fully recognized by the | American Legion,” and proposed a 25 per cent slash in World War veter- ans’ benefit. Betray Membership. This statement is an open betrayal of the pledges made at the Portland, | Oregon, convention of the Legion last fall, Today the Senate democrats were called into caucus in an effort to put through the Roosevelt bill, already passed by House, as quickly as pos- sible. This bill proposes to gouge 500,000,000 out of the disabled veter- ans and all government employes, in- cluding members of the armed forces. Under its provisions, tens of thous- ands of vets would be completely de- prived of benefit. Mass Protest Grows. . The storms of protest aroused by thig Wall Street measure is causing the senators a little uneasiness. The National Committee of the Workers Ex-Servicemen’s League is calling on veterans throughout the country to hold mass protest meet- | ings outside of veterans’ bureaus and y halls, and to send protest wires | | to Senators and to Roosevelt. The | Veterans’ National Liaison Commit- | tee, with headquarters in Washing- | ton, is also rallying the broadest mas- ses of the ex-servicemen to demand not a cent off the benefit, immediate payment of the bonus and relief for workers and farmers. ‘SHIP'S CREW IS HELD PRISONER NEW YORK.—The crew of the 8S. S. Belgenland, in port here, reported to the Marine Workers Industrial Union that they are being held vir- tual prisoners on board. The crew, which is composed of many militants, recently forced the | company to pay their transportation \from Antwerp to England whenever they complete a trip. They are Brit- |ishers. The officers try to force tho |men to “Sir” them and threatenec a | seaman for saying “OK.” ‘In a cruise of 16 days around the West Indies from New York, the ship touched five ports, They were denied shore leave. At Colon, Panama, they took action |and went ashore in defiance of or- ders. The crew report that they will take ship action on the way back to Antwerp to stop this reign of ter- | ror, Answer Attack on Vets by Aiding Their Best Fighter OOSEVELT is remembering the “forgot- ten man”. He is remembering him by try- | ing to put millions of workers, farmers and small depositors more completely at the mer- } cy of the bankers. He is remembering him H by trying to rob $500,000,000 from the vet- { erans and government employes. The capitalist pre Wall Street propaganda the ex-servicemen into accepting the cuts. one daily paper in Englis! one paper fights for them, leads them, rallies them to organized struggle against this criminal attae\ of the Wall Street pirate ss is pumping floods oi in an effort to bulldoze Only hh speaks for the vets. Only S. That paper is the Daily Worker. Readers, you who are the “forgotten men’, whether workers, farmer: paper, it fights for you. it! Your paper’s life hangs in the balance. best weapon in the fig’ hunger drive is in dange: Answer the attack 3 or veterans, this is your And you must fight for Your ht against the bankers’ r of being destroyed. i on the veterans and goy- ernment employes by keeping the “Daily” on the firing line! Rush Tag cent TODAY—before it Day funds. Speed every is too late—to the Daily Worker, 50 E. 18th St., New York City. RECEIVED YESTERDAY ,...... $359.25 | TOTAL TO DATE . Imperialist War Danger Sharpens it in Europe Between France, Italy Blocs BRITAIN CALLS EMERGENCY MEET Attack Communist Anti-War Fighters BULLETIN LONDON, March 1%.—All mem- bers of the British Cabinet have been requested to hold themselves in readiness for an emergency meeting at any hour on the war situation in Europe. The request followed a secret report by Sir John Simon, British Foreign Min- ister, on the increasingly tense in- ternational situation, woe Sharp War Threat. The threat of war flared up sharply all over Europe yesterday, with par- tial troop mobilizations In several countries, the demand of the Polish Government for “unlimited emer- gency powers” in the developing war situation between France, her bloc of vassal states and the new Triple Alliance formed by Italy, Germany and Hungary for a violent revision of the Versailles Treaty. Drive on Anti-War Fighters. The drive for war was accompanied in Hungary, Yugoslavia and Austria by mass raids and attacks on the Communist Parties, the only force leading and organizing the toiling masses in struggle against imperial- ist war and for the overthrow of the capitalist system, the breeder of im- perialist wars. In Austria. the Doll- fus government which Is paving the seeeeseees $18,309.07 | {handed out in communitie: tor tion of labor on a military | this work, concentrated CITY EDITION Price 3 Cents Push Military Plan | } Miss Frances Perkins, secretary of labor and heralded far and wide as “a liberal,” is writing the bill for Congress to conscript labor at hun- ger rations and on a military basis. WRITE JOBLESS CONSCRIPT BILL, |Miss Perkins for New) } Hunger Ration Plan WASHINGTON, M Wagner and Mi h 14.—Sena-| s Perkins, the y of labor in the Roosevelt | ‘e engaged in writing a pill | to congress for conscrip- | basis for] ; government development projects. The projects include the Muscle } Shoals-Tennessee ni hydro-electric, which is par ‘program for strengthening the mili-| ; try machine of the hunger and war! interest at 4 and 4% per cent. | government. | Select Men for Conscription. | It is estimated that from 200,000 to 300,000 men will be selected for| camps, organized on a mi basis and paid hunger rations. The whip| of hunger will be used to lash these | jmen into the camps. This will be} carried out by cutting all off from| even the starvation “relief” Calis War Meet i | Ramsey Mac Donald, labor rene- gade prime minister of England, has ordered his cabinet to be pre- | st pared for an emergency meeting on | the immediate war Europe, danger way for fascism, arrested 24 Commu- nist leaders. Openly Talk of War. The imperialist press in France, Poland and other countries are openly talking of the imminence of war, while the Polish Government de- | mands “extraordinary power” to en- | able it to deal speedily with “any situation which might arise in the present tense circumstances.” Polish | fascists last night raided the offices of the German newspaper “Tagliche | Rundschau,” and carried out viv- | lent attacks against the German pop- ulation in the “Polish corridor” which was severed from Germany by the Versailles Treaty, Similar raids on Polish citizens have been carried out | in German cities by the German fas- ' cists. | CZARISTS LOSE ANTI-USSR: CASE Hillavitt’s Ex-Clients|' Fail in Oil Grab Morris Hillquit’ rmer Clients, the | | Russian cil capitalists who plundered | | the Baku oil fields under the czar, | have been defeated in their effort to get $0,000,000 out of the Soviet government. Hillquit is the out- anding leader of the Socialist Par- ty of America. The Appellate Di-| vision of the Supreme Court has dis- missea their suit against the Stand- | ard Oil Co. for an accounting of $30,- | 000,000 of oil bought by the company from the Soviet government. is | Woodin The former oil magnates laid claims | ©P° to ownership of the oil lands which} the workers of Russia took over aft. jer the revolution of November, 1917. PROTEST YWHA ARREST AND | GIRLS’ EVICTION | NSW YORK.—A mass meeting of | protest against eviction of three girls} from the Young Women's Hebrew aeggett building at 31 West 110th} . will be held today at 7 p. m. at! iiotn St. and Fifth Ave. The meet- | ing also protests the breaking up of} the first meeting held there, and ar-| rest of two girls. Subway repair workers on the | LR. T. speeding up their dan- gerous tasks, SPEAKER RAINEY DECLARES $11,000,000,000 INFLATION LOOMS; TOILERS ARE HIT Means a Sharp a in Cost of Living for the Broad Masses of United States Small Depositors Increase Drive for Full Pay- ment of Their Funds WASHINGTON, March 14.—While the whole kept press of the country and the radio and motion-picture trusts are working full blast to try to cover up the fact that the Roose- \velt manipulation of the banking system raises to a sharper i; bankers, in the that is| ¥ | walker, | form the attack on living stand expropriates billions of dollars® in bank deposits, some of the administration gang are forced to admit a gigantic inflation of cur-/ Th resentatives, Henry T. Raincy, in ar interview, admitted that the new emergency banking act provided for | “inflation, a controlled inflation | which may possibl, 000,000 of a new curre by gold, but by other assets of the banks”, Financial Aid to Ba On the y frozen, the ne gove: engraving. Yes ment then borrow reach au ate ° nkers, the I money rmment burea from. thes¢ | for treasury certificates, the sum of $800,000,000 on which they receive This is the entire “offering” of the March | 15 in treasury certificates. Stop Probe of Bank Graft. While the bees of living oaring becau: the bankers are rputie “away "with i ioe wholesale banditry, President Roosevelt today said he did not deem se at this time” to further in- gate into the affairs of commer- cial banks. Many Banks Remain Closed. The banks that have been opened | in the twelve federal reserve centers are not paying their depositors. Some of them permit withdrawals of small | amounts weekly, while others are open to meet payrolls in the new devalu- | ated national currency or | receive depo In New Yo mple of how the government con- | servators work. The Harriman Na-| tional B: and Trust Company re- | mains closed because it is not able to put up even the doubtful assets of! ot other banks, Crowds clamored to g their money, but were told they could | not ge g until the govern-| ment yator” permits it to open the man appointed by government conservator Cooper, the president of Thus he is government | representative who is supposed to tect the depositors of his own 50,000,000 bank against himself. Eirht other big New York banks with | terday “cons And is Henry E. the bank. | federal affiliations also remain closed. Stand or Fall Alone. | The banking act is interpreted to | mean that there can be no clearing | house aid to weaker banks—that they must stand or fall on the basis of | their own strength. The government resists all efforts on the part of mil- lions of depositors to guarantee their sits. Will Not Tolerate Intimidation. The workers and militant small from struggling 2 fied robber drive initiated by Roose- velt at the behest of the Wall Street bandits who control the ole gov- ernment apparatus. In many vicini- ties organization work is to demand the full reti positors funds in old cu rency values. Michael Haynes, an I. R. T. track-| was critically injured this} morning when he fell more than 40} feet to the street from the elevated | Structure at 129th St, and Third Ave. speaker of the house of rep-} daily | scrip and | lepositors are not being intimidated | speaker. ” WORKER CRITICALLY HURT | | and rors ards of the mas: “JAIL TOILERS IN DEPOSIT FIGHT \Crime Was Exposure of Bank Closing NEW YORK.— at "© | rested yesterday ai tences in a desperate the lackey the capital stop the of leaflets is- sued by the Communist Party, Dis- trict 2, calling on wo Ss and smal - | depositors to u 1¢ bosses | Scheme for further robbing the work- ‘Questions the | Roosevelt Gov't Dare Not Anwer Why is Mitchell, former head of National Ci able to escape re- sponsibility for his robbery? Why are other big money-/ changers scot free in spite of their) looting funds of depositors? | | Why the arrests of workers who | urge small depositors to stand by | their right to receive full payment | | of their deposits? 1] Why the threat of prosecution | for treason made by the “New | Deal” government against worke who resist robbery by the bankers City there is a fine{ ing class through bank-holidays inflation. ; Two Workers Jailed. ‘Those arrested were Sam Stein Rose Rausch Guintman, David Freed, Joseph Green and Owen Ap- picton. Steen and Guintman were given two days in jail by Magistrate Burke in Essex St. Market Court. Rose | Rausch was freed by Judge Burke following announcement by the de- fense attorney that the International Labor Defense would fight the case, Judge Uses Trickery. Crude trickery was used by Magti- strate Katz in the 57th St., Fourth District Court, who dismissed charges of disorderly conduct against the three workers but held them, for special sessions on the unusually high bail of $500 each on charges of ob- structing the sidewalk and “interfer- ing with peace.” WORKER, SMALL DEPOSITOR MEETS BRONX.—Tonight: 801 Prospect Ave., and 1157 Southern Bhd. Indoor meetings, called by Communist Party and Unemployed Coun~ cil, Ambassador Hall, Third Ave. and Clare- mont Parkway, 8 p.m, tomorrow. Callet by Communist Party with active support of dozens of mass organizations. Carl Brodsky, Another meeting tomorrow night at Hungarian Workers Hall, 569 Prospect Aye. Paes seek. 3 MANHATTAN.—Tonight. Open air meet~ ing in Rutgers Square. Another at Seventh St. and Avenue A, Called by Communist Party, Tonight. 8 p.m, BROOKLYN—’ 123 Court St., speaker, Columbus Hall, Herbert Benjamin, Loot Reaches Seven Billions as Banks Fold Up; Hoover and Roosevelt Shaped Plot Month Ago By JAMES CASEY. Deore throughout the land have been robbed of more than seven billion dollars! Although the list has not yet been completed, it is already certain that ~ hundreds upon f hundreds of banks covering every state in the na- tion wili never again open their doors, . The last savings of millions of workers have been aifected — and, in a vast number of cases, completely wiped out. One of the greatest swindles in all history, sonducted by the bankers with the ready assistance of their government, has already be- guy te heve°tts frightful adtect uno W. W. Aldrich the masses of the people, in every corner of the United States. The announcement by President Roosevelt on that memorable Marchi 6th of a bank holiday (bankers’ cel- ebration) was not an act of sudden impulse. This move was care~ fully planned and minutely timed. So well - timed was this act that Roosevelt knew at least a week before in what new peril he was about to plunge the workers. The ye “holiday” date was set so as to F. D. Roosevelt give an opportunity to the bankers and industrialists to loot the insti- tutions, to convert their holdings into gold, and to leave for the workers locked and empty bank buildings. Word Passed Around, Three weeks before the nation- wide closing date, the word “leaked” out of the White House of what was about to happen to the nation’s banks. Three full weeks before the issuance of Roosevelt's proclamation, the final grand rush for gold was started by the overlords of business. With the full knowledge and con- sent of Hoover, who was still Wall Street's chief agent in Washington, former Secretary of the Treasury Mills, shaped the plans for the clos- ing of the banks. Secret conferences were held by Treasury officials and the leading bankers of Wall Street. Roosevelt, who was preparing himself to hand out the “new deal,” was kept in touch with all the develop- ments. William M. Woodin, the new ‘Treasury Department ane was also advised of the bebgine Pk A TRE AE Ln EM. mem NNN NINN aN it was almost decided upon to close all the banks late in February. Such | a@ procedure would have at least temporarily interrupted the unprece- dented pillaging of the institutions by the barons of Wall Street. Hoover and Roosevelt actually discussed the shut-down of the banks at that time. But in the end, Hoover and Roosevelt refused to put a stop to the epidemic of wholesale robberies by the bank- ers! Instead of halting the looters, Hoo- ver and Roosevelt tacitly permitted the flooding of capitalist newspapers with bankers’ propaganda to conceal from the masses of the people the true condition of the institutions and their imminent collapse. On Feb- Tuary 24th, a story was circulated through the capitalist press to the effect that an agent of the Soviet} Union was dumping fake bank bills | into this country. This was aver tamale ie sure ‘baler eo that any weakened conditions of the banks was due to an inflation of counterfiet bills from Europe. Bankers Fooled Workers. Hand in hand with such absurd lies, came direct appeals from the bankers themselves to capitalist newspaper readers to retain confi- dence in the banks. Just two days before Governor Lehman ordered the closing of the institutions, James Brown, prominent Wall Street banker and president of the New York State Chamber of Commerce, assured the “people” that there was nothing wrong with the crumbling bank structure. Although he admitted he had heard “rumors” that there were troubles in certain localities, he placed the blame for these troubles “on the depositors who had lost their heads.” ‘The Chamber of Commerce head seemed not to have heard a word! et TIT hummed with the story) about the exposure of corruption at the Na- tional City Bank. He attacked “hot~ headed” depositors but apparently was unaware that Charles E. Mitchell was forced to resign as chairman of the Morgan bank after his crooked deals had been disclosed. Since the disclosures of the Na~ tional City Bank were directly linked up with the closing of thousands of banks, it is important at this point to digress a moment from the dis- cussion of the general bank crash and explain the reason for the as- tounding confessions of Winthrop W. Aldrich, Aldrich who is chairman ot the Board of the Chase Nationa) Bank, the largest bank in the United States, suddenly came out publicly with a denunciation of the Morgan bank and his own Rockefeller insti- tution for their illegal business methe