The Daily Worker Newspaper, June 3, 1933, Page 1

3 > E : 2 . t J J see eee ‘, ° - ad J v - h ‘eo a, y. 8, iy a 0 a = ad arian i 5 ‘| oe _.the masses.in the goyernment. Yet there nave been certain real exposures made in the course of | lice yesterday used tear gas to dis- “Investigating” Morgan It is a very crafty game that the Roosevelt government is playing in the Morgan invest!gation. It would indeed have been a miracle if Roosevelt, the eager servant of the capitalist class, who slashes the wages of the government workers and the compensation of the disabled war veterans, were suddenly to become an enemy of Wall Street, the fortress of American imperialism. Naturally, miracles do not happen. No. Roosevelt is not attacking capitalism in the Morgan investiga- tion. On the contrary, he is attempting to strengthen capitalism, at- tempting to protect it from the growing wrath of the American working class, under the appearance of unmasking the mighty financial money lord, Morgan. The forces which clash and which focus around the Morgan investigation are capitalist forces, which are directed against the working class. The forces and purposes which make for the present investigation are forces in the interest of capitalism, not forces at- tacking capitalism. In the first place, what does Roosevelt stand to gain by the tre- mendous impression which the Morgan disclosures have made upon the American masses? I¢ is obvious that if the investigation is managed properly, and kept within bounds, he will try to enhance his prestige among the workers enormously, by appearing as the valiant knight who rides forth to slay the Wall Street dragon. He can capitalize in his own interest, and in the interest of the capitalist class, the hatred which the suffering masses feel for their exploiters. But even more than this, the Morgan investigation is being used to | conceal not only his failure to redeem, but his betrayal, his open viola- tion of his most solemn election promises, dangled before the working class. Roosevelt spoke ardently, thougn vaguely, of Unemployment Insur- ance for the millions of starving workers. His relief program tramples upon this promise, and dooms 17 million starving workers and their families to hunger. Roosevelt reaffirms the Hoover program on the question of Unemployment—the United States government sets itself with brutal determination against the payment of even one cent for direct Federal Unemployment Insurance. Roosevelt gave his solemn vow against the Sales Tax. Now, he has proclaimed that he will not veto a Sales Tax, that the workers and the small consumers musi pay for whatever public works program will be begun. Roosevelt is anxious to divert the attention of the workers from these treacheries. ‘The Roosevelt government is depending upon the excitement aroused by the Morgan investigation to do another service for the capitalist class. And this is to conceal as Jong as possible that the crisis, which now enters its fourth year, and despite all claims to the contrary, is getting worse every day. But perhaps the profoundest political reason for the investigation lies in this—that from the very first day that Roosevelt took office, it has been one of his main tasks to conceal from the people the fact that the cause of the world-shaking economic crisis is to be found in the cap- italist system of private property. From the very first, Roosevelt has sought to fill the minds of the American workers with the theory that the crisis was caused not by the capitalist system, but by stock speculation in Wall Street. Roosevelt has consciously placed the entire blame for the crisis upon certain “dishonest and incompetent” individuals in Wall Street. Roosevelt places the cause of the crisis at the door of the “stock jobbers,” not on capitalism and the capitalist class. All the members cf the Senate Investigating Committee, including its attorney Pecora, are proceeding consciously on this assumption—that “proper laws” could have prevented the stock crash and the economic crisis, and that the proper “remedial legislation” can prevent another cyclical economic disaster. The necessity for the investigation grows out of the fact that the crisis has ruined hundreds of thousands of small producers, the petty- bourgeoisie, and small farmers, and, especially, the increasing misery of the working class. The Roosevelt government Is unable to resist the pressure of the hatred and disillusion which these impoverished masses feel for Wall Street, and which seeks outlet. The Roosevelt government did not want the investigation, but is unable to resist the pressure of the masses which demands it aud is secretly making every effort to, stifle it. The Roosevelt government is forced to investigate Morgan to bolster up the faith of the investigations, of the integration of finance capital with State. How are these to be explained? There is a two-fold explanation. In the first place, the rottenness and corruption of highly developed American cap- italism is so great that it is really impossible even to scratch its surface without causing a flood of poison and corruption to rush through the breach. In the second place, there are various disputes going on within the committee itselt which reflect some of the differences between rival financial groups of American capitalism. In these inner capitalist disputes, more is made public than is desired by either group. The resentment of state banks, of certain groups of Chicago banks, and of other competing financial interests is reflected within the Senate Investigating Committee. As the crisis deepens, Roosevelt pursues an increasingly aggressive program in defense of the interests of Finance capital as a whole. Every act of Roosevelt since the day of his inauguration has been in defense of the interests of the most powerful financial groups in Wall Street, the Morgans, Kuhn, Loeb & Company, etc. What is the purpose of Roosevelt’s whole program in the Indus- trial Control Bill? It is to eliminate the small units, to remove all legal obstacles which are supposed to stand in the way of the complete trusti- fication of American industry. Roosevelt's purpose in this industrial program is precisely to assist Monopoly Capital in overcoming the effects of the crisis by cutting wages, reducing the cost of production, raising prices, and cementing its grip in industry, etc. And who profits from Re sevelt’s industrial program? It is the money changers, the Morgans, the Wall Street bankers who will collect the dividends, the bond in- terest and the increased profits which Roosevelt’s program is intended to protect. Who will benefit from Rooseveit’s “Railroad Co-Ordinator Bill”? It is ‘the Morgan group of bankers who will get fat on the “economies” ‘hich Rooseyeli proposes to make at the expense of the railroad workers. Roosevelt proposes to remove all obstacles in the way of merging the giant railroad systems so that the minimum amount of workers, driven mercilessly by speed-up, will produce increased profits and dividends for the Morgan groups who have the railroad systems of the United States firmly in their grip. Roosevelt's Railroad Co-Ordinator Bill exposes him as the open and active agent of the interests of the Wall Street financial grovvs, the Morgans and their allies. voosevel pretends to protect the interests of the small investor through his Securities Control Bill, In reality the Roosevelt Security Control Bill is an instrument for crushing all the small investment bankers and further centralising the banks in the hands of the largest financial groups. .Roosevelt’s whole policy of government financing and taxation is openly directed at protecting the Morgans and the financial masters, by ruthlessly placing increasing tax burdens upon the suffering masses. Roosevelt has extended the Hoover excise taxcs which cost the small con- sumers more than $500,000,000 every year. Roosevelt has withdrawn all | his pretended opposition to a Sales Tax, which levies tribute upon the most yital everyday necessities of the masses. Roosevelt resists all attempts to tax capital, to increase surtaxes on large incomes and on large corpora- tions. The Roosevelt government continues undiminished the return of tax refunds to the capitalist class, Under Roosevelt, the Reconstruction Finance Corporation continues to make enormous gift to Morgan-con- _ trolled banks and railroads in the form of “loans.” The slashing of the wages of the Federal employees, the reduction in the Veterans’ compensation, the fight against the payment of the Bonus, the establishment of a dollar-a-day wage in forced labor camps, the in- crease of taxes, the increased expenditures for the Army and Navy,—this is how the Roosevelt government attacks the working class in the interests of the Morgans and the Wall Street bankers. In every aci, the Roosevelt government attacks the working class in the interests of the most powerful financial Wall Street groups represented by Morgan. ‘The entire State apparatus, every agency of the capitalist government, ambassadors, judges, presidents, generals, is in the service of the Wall Street financial oligarchy. And it is not that they have been bribed or that they have been false to their duties. In carrying out the wishes of the Morgans, the officials of the State are carrying out their own interests, the interests of the entire capitalist class which exptolis the workers, and lives by this exploitation. Seere ary of the Treasury Woodin, Ambassador Davis and Morrow, ave acting in their interests as capitalist exploiters when they perform their functions in the capitalist state. The Morgan investigations have just scratched the surface of the mechanism of capitalist rule. Yet they have revealed the enormous wealth which lies hoarded in the hands of the Morgans and the Wall Street bankers. The Roosevelt government and the capitalist State stand guard over this accumulated wealth which has beon wrung from the labor of the working class 2) % orker st Party U.S.A. (Section of the Communist International) » 133 <= Mew York, N. ¥., under the Act of Blarch 8, as sevond-olase matter at the Peet Offiee at . NEW YORK, SATURDAY, JUNE | , 1933 Due Daily print Is Going On Behind Investigation.” to unayoidable Worker will not be the article by the to circumstances able in this issu James on “What the Scenes at the Morgan Casey, erly winds. CITY EDITION. MORGAN GOT MILLIONS IN 1929 CRASH Banking Pool Was Very Profitable, Evidence Shows WASHINGTON, June 2—At the very moment that millions of small investors were losing their life say- ings in the stock market crash of 1929, the Morgans were making mil- lions of dollars of profit, the Senate investigations disclosed today. The banking “pool” which was headed by the Morgans, bought stocks at panic prices from the small investors, who were being forced to sell them by the terrific drop in prices, and then sold them back to | the simall investors in 1930 at a pro- fit of $1,067,335. The Morgans also made profits of $3,993,000 in other stock operations as commissions and fees in organi- zing stock syndicates. One deal with the Alleghany Cor- poration, which the Morgans control, they made a profit of $803,000 by simply lending this company some | money, which later was repaid with full interest. The name of former President Coo- lidge appeared again on one of the now famous stock lists. SALEM STRIKERS MARCH AGAINST | U. T. W. LEADER: Police Tear Gas Them in Defense of O'Connell SALEM, Mass., Jun June 2—Selert” ‘Bo- perse a crowd of 500 strikers of the! Pequot Mill when they marched on} the home of John O'Connell, business | agent for the United Textile Workers in the strikers’ local. The strikers, embittered by a long record of betrayals of this agent of the bosses determined to protest his latest action in misappropriating over | $9,200 of the union’s treasury and re- fusing to give one cent of relief to} the strikers. This labor misleader| had already helped himself to a large slice of the $190,000 which had been piled up from the workers’ dues over a period of 6 years. Was Asking U. S. Aid When the workers arrived at his home they found that he was in New York representing the textile workers at a conference on Industry Control by means of which the labor fakers of the textile union hope to be able to get official recognition by the gov-| . ernment to force their union upon the workers and so continue their racket- eering policies, “Welcomed” by a squad of police | who used their clubs over the heads| of the strikers and tear gas, the workers resisted militantly. A mili- | tant woman striker was arrested but | was torn from the policeman’s clutch- es by the strikers. An 18-year old | worker, Donat Gague, was arrested | ? and charged with “rock throwing.” One policeman was injured. Mass picketing since Monday has| effectively prevented scabs from com- ing into the plant. Windows in the weave shed were broken where one scab is working. There are no other scabs in the plant. N.T.W. Warns Against Mayor The National Textile Workers Un- ion is issuing a leaflet warning the strikers aga’nst the Mayor of Salem who is pretending to act as mediator but actually trying to bring McMahon back into the situation. The militant spirit of the strikers remains un- broken, The strike is firm. Morgan Laughs While the Boys P ut on Their Act At Right: J. P. Morgan, himself, watching (left) special counsel Pecora of the Senatorial Investigating Committes shake hands with Senator Carter Glass of the committee. Glass and Pecora had engaged in an argument over how much of the revelations it was safe to make public. THE WEATHER—Today: Fatr and warmer; south _ Price 3 Cents BRITAIN'S CHANCELLOR THREATENS UNFLINCHING TRADE WAR ON RIVALS Sharp Bonide Conflicts Herald London Con- ference; U.S. Calls for Inflation Little Entente Forms Commercial Bloc; land Attacks LONDON, June 2.—While the high seas, Neville Chamberlain, Eng- Soviet Union American Delegation is on English Chancellor of the the Exchequer, has threatened that “England will wage unflinch- ing economic warfare on her trade rivals” if the London Eco- | nomic Conference does not produce satis | berlain is leader of the faction ® }in the British cabinet that other, but always, cynical is the rule of capital. “Power Is in the Hands of a Little Group of Millionaires Who Control the Whole of Society Brutally and | With Open Corruption,”---Lenin | “The forms of the dominance of the State can be varied. Capital shows its power first in one form, and then in the no matter what the form, power remains in the hands of capital. Whether it is a question of censorship or of a democratic republic, power is in the hands of capital, and the more democratic the republic is, the greater and more | \] One of the most democratic republics in the world is the United States of North America, | | | and yet it can be seen nowhere more clearly than in that country (and those who haye been there since 1905 have a very good idea of the situation) that power is in the hands of a little group of millionaires who control the whole of society brutally and with open corruption. When capital exists, it controls the whole of society, and no democratic republic and no | | | general franchise can alter the essence of this state of affairs.” *—Lenin. 500 RENT CHECKS WON; BREACH “NO RENT” ORDER. |Result .of f Stiff Fight | | Led by Bronx Council NEW YORK.—Rent checks are) | being issued to nearly 500 unemploy- ed families in the Bronx by the | Bronx Home Relief Bureau, 442-149th Street, as a direct result of the un- | relenting campaign of picketing and | demonstrations and anti-eviction | fights led by the Unemployed Coun- | | cils over a period of weeks. This signal victory marks the first | | breach in the Tammany “no rent-cut | bee edict, and comes on the eve | f the United Front Unemployed | icnaeecenes Against Evictions and } Relief Cuts taking place today at ig Plaza at 10 a.m. and the de- tration at City Hall June 6. the same time, over 500 pend- relief cases, which were prac- | tica iy closed as far as the relief bu~ |reau was concerned, were opened at |the same bureau. A large number of families immediately got food, gas, | electric and rent checks without even |the formality of the usual investi- ection. che relief distribution began Thurs- day, a day after the city-wide de- monstrations at 15 Home Relief Bu- reaus, ‘The Bronx Home Relief Bureau has been the scene of some of the stif- fest battles led by the Bronx Unem- ployed Council. Thirty workers have been arrested at this bureau over the last few weeks. Many workers have been clubbed and have fought police who attacked picket lines and de- monstrations. The Bronx workers |have also put up fierce struggles in the neighborhoods against evictions and have organized many block com- mittees. Decisive Victory for 300 Bessemer Mine Strikers \Led by National Miners Union, Win 2 Week Struggle by Militancy, Mass Picketing PITTSBURGH, Pa., June 2.—A de- cisive victory was won at the New- field mine at North Bessemer, Pa., when a settlement was concluded after two weeks’ strike, with all de- mands granted. The 300 miners, through their militant struggle, have won a checkweighman of their own choice, recognition of the mine com- mittee, payment for deadwork at the same rate as dayman’s pay, motor- men to be paid by the company with- out deduction from loaders, no dis- crimination, and immediate repair of company houses. The miners struck under the lead- ership of the National Miners’ Union, which organized the strike committee on a united front basis. The organiz- ers of the National Miners Union led j tory for t the strikers. | Stirs to Action The whole Alleghany valley region | will be stirred to action and encour- aged by this important victory to a struggle for better conditions. ‘The victory was won in spite of the maneuvers of the U. M. W. A. offi- cials, who are conducting the biggest campaign in their history in the Western Pennsylvania coal fields to | fasten their hold on the miners and aid the bosses to impose starvation. The U. M. W. A. misleaders first at- tempted to split the workers’ united front. Failing this, they succeeded in maneuvering their way into the strike committee to participate in the settlement, But their strikebreaking betrayal tactics were defeated by the employed, Workers Committee ¢— on Unemployment and Work- | ers Unemployed Leagues, they | place the burden of their sabotage for united action on the Unemploy- ed Councils, stating that the Coun- | | cil refused to join in with them for the demands of the unemployed. The | Association is ufder the influence of | | the Lovestone renegates who were | expelled from the Communist Party, | | the other two organizations are do- | minated by the Socialist Party. The Unemployed Councils all over the city are active in mobilizing all workers for a demonstration Tues- | day, June 6, at 11 in the morning | at City Hall. Enerzctically the block | committees and. tne local councils | affiliated with the Greater New York | Unemployed Council have been ac- tive in fighting evictions and relief cuts. Continuously’ demonstszffons | led by the Councils haye taken place | before: Home Relief Bureaus. It is | as a result cf this activity that many | are now getting relief. Because of it Tammany has centered its cere on the leaders of the Unemployed Councils. Arresting the leaders, sending them to jail and brutally at- tacking every demonstration. | In all these unemployed actions, | the Association of the Unemployed, | HUNGER COMPELS WOMEN TO JOIN THE LABOR CAMPS NEW YORK. — First registration for the women’s forced labor camps | started today at the New York State Temporary Emergency Relief Asso- ciation at 289 Fourth Avenue. There was brouget out conditions under which unemployed women live in this city. It is a picture that exists in every city in the country. “I had to leave school when I was 15. Since than I have had jobs in factories, in stores, in offices and as a servant. No job lasted more than 2 weeks, mostly because they were only temporary te begin with. The biggest pay I ever got was $12 a week. Mostly I got nearer $5.” This was the story of an 18-year old girl. Another one who did not earn a cent for more than 6 months, said: “The pay women get now is so low that even if you get nothing at a camp and do a lot of work, you will still be better off than in most jobs that are now offered, when any are offered,” It is these young women who have no means to live that will be placed into forced labor camps. Finally, solid front of the miners. The strike the mass picketing and stimulated the militancy which resulted in a vic- was a one hundred per cent victory. they will be made to work just as the young men now in the forests. | stration. In a release to the press signed by the Associatien of Un- \the Workers Committee on Unem- ployment and Workers Unemployed Leagues have refused to join. leaders were not to be found with the workers battling against the at- tacks by the Tammany government. These organizations nave refused proposals made by the Unemployed | Coun to involve all working-class organizations in a united front move- |ment for relief. They objected to the trade unions and other working- | class organizations participating un- | der their own banners in the demon- In this w: splitting the of the employed and unem- ranks ployed. Despite this splitting policy, the | Unemployed Councils have once more addressed a letter to them for one united action. It proposes a united delegation to appear before the Board of Estimate on Tuesday, June 6, to present the demands of all workers in the city. It further calls for the | parade organized by them to join} |the demonstration at City Hell or- ganized by United Front Provisional | Committee Against Evictions and Relief Cuts. From there to march together through the down town fi- nancial area to Battery Park. Juvenile Cis Misleaders in Attack News! Flash WNion Unemployed Council to Split Toilers’ Struggles NEW YORK.—The Socialist leaders are covering up their refusal to join in a united action against relief cuts and evic- | tions. Their | NEW YORK. —T! — The International | Labor Defense yesterday received a cable from M. Cordier, Secretariat of the International Red Aid, Paris, ask- ing whether it was possible to have an American lawyer sent to defend) Ernst Torgler, chairman of the Com- | munist Reichstag deputies, George | Dimitroy, Bulgarian _ revolutionist, and others when they are put on trial in Berlin in connection with the burn-| ing of the Reichstag. The cable stated a German Jawyer would be courting death should he appear to defend the aceused Communists. William L. Patterson, national sec- retary of the I. L. D., said he im- mediately requested the International Juridical Association to suggest an | American counsel for this purpose. With him, if one is selected, probably will go Joseph Brodsky general coun- sel of the International Labor De- fense. “We are taking this action,” | terson said, | ternational non-partisan organization devoted to defending all victims of political oppression and terrorism. Pat- “We bel’eve together with militant that workers throughout the world, the charges against Torgler, Dimitrov and the others of burning the Reich- | stag are a pure frame-up, brought forward as a calculated plan of the Nazi terroristic regime to extermin- ate Communism, smash the trade unions, and arrest and murder all [opuonents of the fascist dictatorship. | dence at hand to show the Reichstag | fire to have been the work of agents | Provocateurs, such as have always been used by all imperialist and. ty- | rannical governments to imprison and murder a militant working class.” Judge Sets June 23 for Trials of Two Youngest Scottsboro Boys Malone to Preside; Same Day As Argument for w Trial for H wood Patterson (Special to the Daily Worker.) || | WASHINGTON, “because we are an in-| “As a matter of fact, there is evi-| DECATUR, Ala., June 2.—Judge B. L. Malone, of the Juvenile Court of Morgan county has set June 22 as the tentative date for the trials of Roy Wright and Eugene Williams, two of the youngest Scottsboro boys. Roy and Eugene were yesterday turned over to the jurisdiction of the Juvenile Court following a court fight by lawyers for the International Labor" Defense. This is the same day as the date) set for the hearing of a defense mo- tion for a new trial for Haywood Pat- terson, sentenced to die in the electric) chair, following his frame-up trial in Decatur recently. The trial of Eu- gene Williams and Roy Wright is scheduled to begin immediately efter Judge Horton disposes of the Patter- son motion in Athens, where Horton lives. Athens is 18 miles from De-) catur. Judge Malone has already indicated | by declaring pri-| his “impartiality’ vately that he would have jailed Sam- uel S. Leibowitz, ILD attorney in the Patterson trial, for “contempt” if the case has been tried in his court. Ma- lone yesterday absented himself from his court to prevent Gen. George W. Chamlee and O. K. Fraenkel, ILD at- , torneys, from applying for bail for| Eugene Williams and Roy Wright,| ¢ |after Judge Horton had practically | admitted that they had been illegall |held for the past two years by re- |manding them to the Juvenile court. At the hearing yesterday, Attorney General Knight and his assistant, Lawson, tried vainly to bully the rel- atives of the two boys into admitting | that they were older than they claim. The boys are now 15 years old, and | were only 13 when they were arrested |in Scottsboro on a framed-up char of “rape.” Only one guard was assigned t. | protect the two innocent Negro boys in spite of the lynch terror which has been steadily increasing since the Heywood Patterson trial. Crosses have been burned during the past few day: in front of the homes of Negro wit nesses living in the heart of the town actory results, Cham- favors default on the debt y pay- ; ment due the United States June 16, | Chamberlain's speech was made to |a@ full House of Commons. He said: | “All of us, I am sure, regret the eco- nomic warfare which has arisen be- tween us and other countries. But | we must maintain the warfare as long |as other countries which are taking | the aggressive are unwilling to make reparation and restitution for the wrong they have done us.” Chamberlain's remarks were di- |rected in part against the Soviet | Union when he said: “The govern- | ment must stand up, not merely for |the legal commercial rights of its | people, but for the rights of their | Persons, and it cannot view with in- | difference attacks on this nation by | other nations when these attacks are | directed bard ark internal Policies.” | . U. S. Calls for World Inflation June 2.—Gradual | distribution of the world’s gold supply. | and an internationally adopted 25 per cent gold coverage for currencies will be the United States’ proposal to the | London Economic Conference, it is re- | ported. At the present time the Fed- eral Reserve Banks hold about 68 per cent cover against notes and deposits. If the 25 per cent ratio were adopted, the government could issue here $11,- 000,000,000 of new money—inflation on @ colossal scale, Hull, leading tte United States’ delegation, in his first interview given on board the S. S. Roosevelt, is said to have stated: “We expect broad agreements in principle rather than | specific treaties” to come out of the |conference. This is a diplomatic way of saying that he expects nothing to come out of the conferences. He | again refused to comment on the | debts issue. No Prospects of Agreement PARIS, June 2.—The blackest pes- simism, exists here as to the Econom- ic Conference, even in official circles. The semi-government newspaper Le Temps writes: “There is nothing that permits the belief that the war debts | question will be solved in good time, British Economic Bloc Proposed LONDON, June 2.—The current monthly review of the Midland Bank gives a hint as to the probable policy to be pursued by England at the com- ing Economie Conference. “We be- lieve,” says the report, “that even if | the outcome (of the Conference) falls short of the high hopes now enter- tained, it will still be possible for Britain, with its monetary associates, to accomplish a large measure of re~ covery independently of any all-in- clusive international arrangements.” In other words, England expects that the irreconcila) financial conflicts between the t powers will sink the conference, but that she, with her subordinate economic allies (such as the Scandinavian countries, Portugal, Argentina and the like) will at the conference be able to form sort of monetary bloc. Little Entente Trade Agreement PRAGUE, June 2.—The Little En- tente conference between Yugo-slavia, Rumania and Czechoslovakia, ended sterday with an agreement reached to work out a preferential tariff sys- tem for the three countries. A joint Economic Council will be set up to increase the exchange of goods among these states, It will deal with com~ mercial policy, agriculture, industry, banking, credits and transportation. ly set up a “normal- and it was signifi+ y ced that “ ig process will natu all branches of military equipment.” This economic consolidation im- mediately before the economic confer= ence, follows the political alliance 1e- affirmed last March. Titelescu, Ru- manian Premier, asked how he re- conciled his frequent professions of good-will toward Hungary with his refusal to allow any revision of fron- | tiers, replied: “The question of Hun g frontiers has been exagger= is to Murder of Negro by Lawyer “Justifiable,” Says Georgia Jury ALBANY, Ga. —Because he was ing a small quantity of gaso- an auto belonging to Rosser lawyer, Cleveland Crapps, Malone, Negro, was shot ard killed by Malone ‘ere last week, A coroner's jury later absolved Ma- ‘one of blame for the murder, hold- ng ‘hat thekilling was “justifiable aomicide.” r ' bo} *