The Daily Worker Newspaper, February 1, 1935, Page 2

Page 2 \ DAILY WORKER, NEW YORK, FRIDAY, FESRUARY 1, 1935 Financial Tie-ups of Many Pro-Fascist Groups Revealed > (Co nee reverts Young | M. P. Murphy, the Morgai? broker McCormack Committee record, was in Butler to organize a Fascist army! well as a Liberty-Leaguer, and a West Pointer, military circle of the United States. A fellow Crusad Harris, of Harr the Rev. Charles E. Co well-known backer, I m Harriss and his partner to work with him on to form the Committee f Henry A. Wallace, Liberty Co. Har Robi Secretary administration, was a charter member of the Committee for the Nation. The chairman of the Co Jr., president of Remingto This N of the United Stat: ference Board. @ program for ‘‘co-operatior Crusader at Big Business 7 Meet The White Si Springs con- ference was run by a steering com- mittee of less than half a dozen men. Among them was Robert L. Lund, vice-president of the Lam- bert Pharmacal Co, Lund is a Cru- sader. And he is chairman of the board of the National Association of Manufacturers. . In other words, all of these or- ganizations and groups are domi- nated by representatives of the same corporations and banks, And the in- dividuals behind these group forces, moreover, are linked to the main top-camps of American industry, ‘finance, polities, military ranks, and educational or public-opinion-form- ing institutions. Yet nowhere among all these does one find a J. P. Morgan or a ‘Rockefeller or a Hearst in person! ‘The obvious question is, why not, Mf these are merely “patriotic” “forees, and not forces which, now ‘or later, will perform duties for which those gentlemen would not wish to take responsibility? This group represent the main camps of top American finance capitalists, both Morgan and Rockefeller. They dominate, of course, the banking-financial- commercial heads of the Chamber of Commerce and the industrial clique of the National Associa- ‘'tion of Manufacturers. These two organizations, long Open-shop belligerents, are seeking and organizing new and typically Fascist methods of applying their istorical anti-labor tradition to ew Deal” conditions. Particularly Since the. continuing misery of the masses in the economic crisis has produced more and more militant .—Struggles for bread and work un- Precedented mass struggles such as “the Bonus March, the Hunger Marches, etc. It was this crowd, in fact, who . Originated the plans out of which, Bccording to Former N. R. A. Ad- “Ininistrator General Hugh S. John- on, the N. I. R. A. was evolved. Having used armed fascist bands, the California “vigilantes,” as well as the old-standby police - and National Guard, to break the General Strike of San Francisco, the Pacific Coast industrialists and bankers, especially William Randoiph Hearst, launched a new . Red-baiting campaign, the leud- est yet, Tt was this U. S. Chamber Manu- * facturers’ crowd who initiated the Wage-cutting campaign which got “under way a few months ago. Spe- cifically, publicity hand-outs of these organizations suggested, then demanded wage-cuts for weeks. And suddenly three Roosevelt officials, Secretaries Ickes and Perkins and Relief Director Hopkins, came out tor abolition of the already meagre minimum wage for public works jobs. The same crowd similarly “initiated the unemployment-relief- ‘tutting demand which President Roosevelt has just executed, throw- ing 1,500,000 « “unemployables” off the tolls by February 1 and offering “employables” only work relief at Wages lower than the generally un- Precedentediy low N. R. A. wages. Right here the financial back- $e: Sane of James Rand’s Remington- ind corporation is pertinent. Among its directors are B, F, Pope and J. G. Blaine. Both of “these gentlemen are directors of ve Marine Midland Trust Company. substantial interest in this bank se Jongs to the publisher-ipdustrialist “who commands an industrial do- . main the expanse of which js gen- erally unknown—William Randolph .] Hearst. Another director of the Reming- ton-Rand office-equipment com- Pany is G. E. Warren, vice-presi- _Sent of the Rockefeller’s bank, "Chase National. And another—J. G. Blaine, a director of J. P. Mor- Ban’s American Securities and In- _ vestment Corporation. In short this corporation represents an aggrega- “tion of three groups of American “finance capital—the three, Morgan, _ Rockefeller and Hearst. And the head of this Morgan- Rockefeller-Hearst corporation is an organizational link between “steh a general, traditional anti- labor outfit as the N. A. M., and leader of the Union speeches on currency the Nation ittee for the Na id, Incorporated vame Is Important s Frank I. Kent Iso an officer of 2 treasurer of the National Industrial Con- This N. I. R. B, famous as an open-shop employers’ research organization, made sixteen studies on which the Committee for the Nation officially based propaganda. The Chamber of Commerce of the United States and the National Association of Manufacturers recently joined to organize a big business men’s conference at White Sulphur Springs, West Virginia. n” with the Roosevelt government. | Morgan's associate, Kuhn-Loeb, is a who, according to the Dickstein- rested in persuading General Murphy is a Crusader also, as prominent in the top is Robert M wn, backer of Social Justice. By Leag of Agriculture in the Roosevelt tion is James H. Rand of the Bankers’ Trust e Chamber of Commerce air They adopted | Now going ‘pack to the Wasburg MoGuire, the fa i mediary between Murp cist-army Morgan man, an e eral Butler, was a $100-a-week bond salesman, His bank deposits over @ period of years were comparat vely small. Suddenly, however, during the time he was telling Butler that his backers would put up $300,000,000 for the fascist army, if necessary, he began making deposits out of all Proportion to his salary. This is hown by the record of the Con- gressional Committee. He never could explain what he did with $65,- % National Association of uti fhe Uaieed See of Aeron 11 Wort 424 Street, New York View Vor Cty’ May 6, 1933 10 1933 PROPOSALS FOR ECONOMIC RECOVERY The Manutecturers Special Committee of Twenty-five. appointed at the Emergency Conference held April 26 in Washington, D. C., under the auspices of the National Asse- ciation of Manufacturers, held sessions in Washington, Wed- nesday and Thursday of thie week and expects to meet again early next week The situation is changing rapidly in Washington, and we are giving it careful and continu ous observation In connection with legislative proposals which may son be made, and which are directly related to the legis lation considered at the April 28 conference, the Manufac- ‘arere Special Committee believes every manufacturer should have available the information and specific ions con tained in the two enclosed publications issued by the Com- ‘mittee For The Nation It would be very helpful if you would send us at your earliest convenience your opinion upon the five specific ree ommendations made on pages four to six of the document “Five Next Steps.” Very truly yours ROBERT L. LUND, President m4. N.A.M. BACKS ‘COMMITTEE FOR NATION’ Recommendation from National Association of Manufacturers to its members to study proposals of Committee for the Nation, H. Rand, Jr., a leader of Committee for the Nation, is on a special committee of the N, A. M, 000 of these big deposits. He lied about them repeatedly. At the last American Legion con- vention an “anti-King-m: ” can- didate was put in. He was Frank N. Belgrano, California banker. He was named by McGuire, according to testimony before the Committee, as a@ member of McGuire's “sound money committee,” in connection with which Butler was asked to make the speech attributed to the pen of John W. Davis. Belgrano Not Called Belgrano was called by the Com- mittee and was in Washington on the day he was to testify. But he} never did appear. He went to the White House for a private confer-| ence with the President. And the Congressional Committee refuses to! explain why Belgrano never testi-| fied. Belgrano is first vice-president of | the Bank of America National Trust } and Savings Association of Califor- | nia, owned by Trans-America Cor- poration, the vast A. P. Giannini holding company. Elisha Walker, partner of J. P. director of the Trans-America Corp. Giannini is associated with an-j other West Coast capitalist—William Randolph Hearst. The Gianninis have the biggest single stockholding interest in the National City. Hearst, Rockefeller and Morgan interests merge in this ‘bank. Meet Hearst! Like Alfred Hugenberg in pre-Hit- ler days, Hearst is one of the two or three main figures in the American fascist offensive. His domain is enormous. He is busy acquiring powerful radio stations. The radio magazine, Broadcasting, recently re- ported that Hearst interests recently bought Station WBAL, Baltimore. They had four others before that— Stations WINS, New York; WCAE, Pittsburgh; KYA, San Francisco; and WINS, Milwaukee. The maga. zine printed a denial by He-rst officials that the Baron of San Simeon is out to get his own na- tional net-work, but it added, sig- nificantly, that “qualified officials” said that the “only” plan Hearst ‘thas in mind is that of “acquiring stations for affiliation with news- papers to safeguard them economi- cally,” because he “believes that the future of journalism lies in radio.” Hearst has every economic reason to be in the forefront of both the immediate drive against labor and the building of fascist armies against the day they may be needed. If you look him up in any common financial reference, you will find only his publishing interests—maga- zines, newspapers, etc. If you know that he has a financial representa- tive, Edward H. Clark, who sits on many directorates for him, you can trace his stakes all over the western hemisphere. Documentary evidence that Hearst was backing the formation of a “veterans committee” with a mass following as long ago as during the Bonus March has been produced with this series. Big Realtor Real estate is one of the unsus- pected items in the Hearst structure —both Manhattan property and agricultural land. Of the latter there’s a neat quarter million acres. On this land, unorganized agricul- tural workers toiled at subsistence wages and less. Finally they did organize—and strike—under the “so obviously _potentially-storm troop an organization as Father ” Coughlin’s Union for Social Jus- ‘tice! One more link: one of the Rem- “Rand directors is J. G. ‘Blaine. He is also a director of the American Securities and Investment “Corporation—on the board of which are Morgan partners Thomas W. Lamont and George W. Whitney. leadership of the militant Cannery and Agricultural Workers Union. And then and there, for the first time, vigilante raids—armed fas- cist bands receiving the custom- ary cooperation of the police, against the pce —sappeeeeaved the usual strike- forces. ‘The Homestake gold mine, one of the world’s biggest, belongs to Wil- liam Randolph Hearst, It was a ‘Another gentleman who sits on this ‘Morgan Board is Felix M. Warburg —who was back of the steering of the Dickstein-MeCormack Commit- tee to suppress rather than to in- “vestigate Fascist activities in the United States, where these activ- “ities, especially the spectacular Fas- cist-army plot, where backed by ‘Morggn and other too-influential interests. comparatively insignificant piece of South Dakota territory until the Roosevelt government devalued the dollar; then its stocks rocketed sen- sationally. Hearst cleaned up. The organized propaganda for inflation was led by the Committee for the Nation. One of its founders, with Rand, was Dr. Edward A. Rumley, exposed close friend of Nazi leaders Nazi government also benefited it from money program. Hearst has tremendous copper in- terests, particularly in the Cerro de! in Peru, and these link | with the financial interests of Mor- | gan and Kuhn-Loeb, | At the moment the new Hearst | Red-Hunt began, his copper was | being considered by a Nazi com- | mission, then in the United States | seeking millions of dollars’ credit to buy copper, a war material. The Pasco Corp., the inflationary WHO’S WHO IN WALL STREET’S FASCIST CONSPIRACY—PROMOTERS OF REACTION | Roosevelt directors of the Vereignite werke, the steel trust ting him in power. The of the visiting Nazi Frankenberg und | Berlin, and Ernst Wallach. et eostivt at F.M.PMuRPHY HEN. Fl. WALLACE (Secy. Agric. CLAY WILLIAMS (Chairman NIRB) John W- DAVIS CMorgan) FRANK. KENT CBankers Trust) CO.REVERE. —— eS oS ees a TET Open Fascisr) The chart above shows that the Check-marks indicate affiliation with va’ the Roosevelt administration through high officials, James | Nazi commission included several Stahl- which financed Hitler long before put- names financiers and industrialists: Albrecht yon Ludwigsdorf; Oskar Sampell, Hugo Stinnes, Dr. Geor Solmssen, Prince Gottfried zu Hohenloe von Langenberg of At the same time, Max Warburg, brother of the American, Felix, came from Germany to carry forward | negotiations for a renewal of the | | “stand-still” agreement. This is an | arrangement whereby American |bankers who advanced short-term | credits to Hitler and other Nazis, Jare paid their interest, while the | principal is not in: ed upon. About 70 per cent of the principal on the billion-dollar total the American bankers had loaned in 1931 has been repaid, however. The principal ad- vanced by the Rockefeller's Chase Bank alone, $70,000,000, has been reduced to $30,000. Meanwhile the smaller-fry holders of German bonds have been unable to get a/ dime, since Germany defaulted. Hearst's man, Clark, !s a director of Seaboard Oil. This South Amer- ican company exploits certain oil interests jointly with Royal Dutch Shell Oil Company—headed by Sir | Henry Deterding. | Sir Henry Deterding paid Os- | wald Mosley’s English Fascist Blackshirts. The same financier interests that | | reach across the seas and mutually | back Fascist storm troops hung like |a shadow over the Dickstein-Mc- Cormack Committee, to conceal this, The Dickstein-McCormack Com- mittee called two witnesses to tes-| tify on the Fascist activities of Italian Fascist officials in the United States, These Italian Fascist diplo- | mats are persecuting American cit- |izens to force them to bow to Fas- cism. They are active in prop- aganda to split the Italian-American |from other workers in the broad | | fight against Fascist reaction in the | United States. So the witnesses tes- | tified, offering to bring documentary jevidence later. When they came, the Committee refused to hear them. Dickstein Shields Fascists Committee Member Samuel Dick- | stein, a creature of Tammany Hall, | put the witnesses off. Just before | | one was scheduled to testify, the | | Committee decided not to hear him, |but rather to devote all the time | to investigating Communist activi- | ties. Meanwhile, Dickstein ban- | queted with Generoso Pope, chief | Italian Fascist power in Tammany Hall. | Over Tammany Hall is the shadow | | of —~ the House of Morgan, chief financier of the City of New York. And the Morgans and affiliates in the U. 8. and England, from 1925 to date, have financed Mussolini’s | jointly by the first-rank financiers |and American Federation of Labor { Platten, director of Westinghouse. Fascist dictatorship to the tune of some $350,000,000. These same Morgans are hooked up by Community of interests with Rockefeller. These pool with those of Banker Giannini in the National | City Bank. Belgrano, the Giannini-Hearst man at the head of the American Legion, never was asked to testify on the fascist army pict. Butler testified before the Dick- stein-McCormack Committee that Robert Sterling Clark told him: “You know, the President is weak. He will come right along with us, He was born in this class, and he will come back. He will run true to form. In the end he will come around. But we have got to be pre- Pared to sustain him.” Clark, then the employer of the fascist army plotter, MacGuire, had reason to be actually class conscious. Though he is still worth $30,000,000, according to the testimony, his fam- ily had other millions in Singer Sewing Machine property in Czarist Russia. It was taken back by work- ers and farmers in their successful struggle for power. Roosevelt Interests President Roosevelt is an impor- tant stockholder in the Federation Bank. This institution, headed leaders, was reorganized in October, 1932, Owen D. Young, Chairman of Morgan’s General Electric, got his friends and business associates to put $1,500,000 into the new stock. Trade unions put in $500,000. It was a gesture of patronage on the part of the wealthy. But the trade union funds in the bank are sub- ject to the scrutiny of a director- ship including not only President William Green of the A. F. of L.—i but such industrialists as Joseph B. | Ennis, vice-president of American} Car and Foundry, and J. Homer | The Raskob Letter The most sensational documents yet disclosed on Fascist develop- ments in the United States are the Raskob-Carpenter letters. They dis- cussed the formation of “some very definite organization” to “protect society from the suffering which it is bound to endure if we should allow communistic elements to lead the people to believe that business men are all crooks, not to be trusted, and that no one should be allowed to get rich.” R. R. M. Carpenter, dent of the duPont vice-presi- munitions’ ee ae se ed ee rious open fascist a nd Principals in the Wall Street fascist conspiracy are linked organizationally. potential fascist groups; also how these groups tie into MORGAN LAWYER | USSR Parley John W. Davis, Morgan lawyer, who wrote speech which Gen, Smedley D. Butler was asked to make at an American Legion con- vention. corporation, wrote to John J, Ras- kob, of General Motors, last March 16, complaining bitterly at the Roosevelt demagogy of “publishing” big corporation salaries, Raskob replied with the suggestion of form- ing some organization. He said, believe there is no group, including the Rockefellers, the Morgans, the Mellons or anyone else that begins to control and be responsible for as much industrially as the duPont company.” But these letters were not revealed or referred to by the Dickstein-Mc- Cormack Committee. They rivaled the “fuehrer-briefe” (Letters from Leaders) of the German manufac- turers for direct simplicity as to why big business needs the Crusaders, the Liberty League, etc. Morgan-Hearst interests, have seen, tie in with these. The Dickstein-McCormack Com- mittee must have known about this exchange. In the United States, as in those countries where fascism now rules, the guiding figures in fascist devel- opments are the richest and most reactionary industrialists and finan- ciers, They are those who wish to save their gigantic profits by in- tensified wage cutting, relief-slash- ing, union-smashing drives leading step by step ,% fascist dictatorship. as we TOMORROW—In ‘her eighth article, Margaret Young will de- seribe the activities of “The Cru- saders,” and will reveal the influ- ence which this semi-fascist or- ganization wields in military and educational institutions. House Group Gags Leader Of Jobless (Continued from Page 1) been presented in any country, All of us are greatly indebted... .” Weinstock Hits Wagner Bill Louis Weinstock, of New York, the spokesman for the National A. F. of L, Committee for Unemployment Insurance and a member of the Painters and Decorators Local 848, told the committee, in the ten minutes .allowed him, that “the Wagner - Lewis bill must be re- jected, and the Workers Unem- ployment, Old Age and Social In- surance Bill (H.R. 2827) substituted for it. The A. F. of L, rank and file supports the Workers Bill. The Wagner-Lewis bill excludes the un- employed. It will not benefit these unemployed until they are reab- sorbed by industry. What about the 16,000,000 unemployed?” “William Green pretends to op- pose certain parts of the Wagner- Lewis bill, but he fails to mention that at the 52nd Annual Conven- tion held in Cincinnati he actually formulated the present Wagner bill. . +» We exposed the $4,800,000,000 appropriation as a scheme to fur- ther drive down the living stand- ard of the workers by reducing the wages on public projects to $50 a month. The employers take this as an encouragement to cut wages in all industries to follow the example of the government. We exposed the 3 per cent contribution scheme on the ground that it is not enough to provide for the unemployed, and that it will be a tax upon the workers directly and indirectly.” The ten minutes allowed Benja- min sufficed for the reading of only two of the 21 pages of his speech. He announced that he “will make every effort to present our state- ment to the Senate Finance Com- mittee “and that he will also pre- sent our statement and position when the haerings on H. R, 2827 begin before the sub-committee of the House Committee on Labor, on Feb. 4.” Israel Amter of New York City will speak for the National Unem- ployment Councils at tomorrow’s Ways and Means Committee ses- sion, Clarence A. Hathaway, the editor of the Daily Worker, will appear Saturday as the representative of the Communist Party. The National Joint Action Com- mittee for Social Insurance today urged all groups to wire protest telegrams to the House Ways and Means Committee at once, pro- testing the gagging and arrest of Benjamin, and demanding that the other workers’ representatives who will appear today he ac- corded full time to express their opposition to the fraudulent Wag- ner-Lewis Bill, Hails Growth Of Red Army (Continued from Page 1) the toilers of the country, tirelessly concern themselves with it. The Red Army is composed of 45.5 per cent workers. Ninety per cent of its peasant composition is made up of collective farmers. We must sey absolutely and firmly that the po- litical and moral conditions of the Red Army are as firm as never be- fore,” declared Tuckhuchevski as the Congress tempestuously applauded. The Red Army has had consider- able successes also in artillery and armaments. Since the Sixth Con- gress of Soviets the number of ma- chine-guns in infantry and cavalry regiments has more than doubled, and in aviation and tanks have in- creased seven times, and the num- ber of guns and tanks has increas: four and a half times and the num ber of heavy guns has more than “Since the Sixth Congress the Red Army has also considerably in- ezeased. Taking the navy at the time of the Sixth Congress as 100 per cent, it now has 535 per cent in submarines, 1,100 per cent in guard- ships, 470 per cent in torpedo boats, ete.” Passing to the circumstances which caused an increase in the numbers of the Red Army, Tukha- chevski stated; “You know that the desires of the imperialists who are particularly striving in the East to prepare a “I sudden seizure of our territory, espe- cially the Maritime Provinces, have compelled us to form new garrisons, stationed in fortifications erected near the frontiers. “Naturally,” continued Tukhachev- ski, “the formation of special gar- risons along the enormous length of our frontiers required firstly a con- siderable increase in the numerical strength of the army, and second considerable expediture of funds, “AS a result, the numerical strength of the Red Army, some- what less than 600,00 men, which Was our basis during the past years, was inadequate for the new condi- tions of frontier defence. In this connection, the government decided on a new strength of 940,00 men, which the Red Army achived by the end of 1934, This figure was limited only by the development of new technique and mechanism, It should be remembered that before the war, in 1914, the Tsarish army had 1,458,762 men. There can be no doubt that without the brilliant understanding of Stalin, and the prompt moves to strengthen our Far Eastern forntiers, we should have not been able to carry out the great conquests of socialism of which we and the entire world proletariat are proud.” (Loud ap- plause.) ‘The growth in strength and technique of the Red Army, and the reinforcement of our fron tier defense, naturally caused a con- siderable increase in our militar ry expendiutre during 1984. Instead of the 1,665,000,000 rubles decided upon for 1934, the Commissariat for de» fense expended five billion rubles, “The appropriations for the Com missariat for Defense for 1935 reach six billion five hundred million Tubles. Despite the fact that these figures are huge, nevertheless the USS.R. expends in preparations for defense a considerabiy smaller pro- Portion of its budget than any capi- talist country. Our military ex pense comprises only 10 per cent of the total state budget, whereas in Japan they comprise 46.5 per cent, in Poland 46 per cent, etc. “All these measures, which en- sure a considerable growth in the technical power of the Red Army, put point-blank before its workers the task of mastering technique, the task of training the peoplé to un- derstand this technique, and we are working at these tasks day and night. “The basic backbone of the mili- tary preparation of the Red Army is directed toward mastering the techngiue and the art of utilizing rapidly moving forms of struggle. We have nothing in common with the Czarist army, which was un= couth, clumsy and awkward. The workers’ and peasants’ Red Army is strong. Its political might, its revolutionary might, is invincible, and this demands that we be able to conduct battles in such a manner as to utilize our technique with the result that in the world there will not be another army equal to our Red Army.” (Continued stormy applause). When Tukhachevski mentioned the names of those to whom the Soviet Union was primarily obliged for the remarkable technical equip ment of its invincable army, when he mentioned the names cf Stalin, Voroshiloy and Ordjonikidze the Congress rose as one man in en- thusiastic ovation, Endless hurrahs and shouts in honor of Stalin, Voro- shiloy and the Red Army arose from all parts of the enormous hall, were taken up by the entire Congress, roaring like the hurrah of an irre- sistible Red Army attack, and were finally crowned with the majestic hymn of the proletarian revolution, the International. All-Union Congress Reports to Appear Tn the Daily Worker The Daily Worker will publish with Monday's edition a supplement containing in full the speeches of V. M. Molotov, M. N. Tuchachevski and other Soviet leaders, before the All-Union Congress of Soviets now in ses- sion. ‘The speeches are the complete teports of Soviet achievement in cultural, social and eco- nomic fields and contain the plans for the future- economic uevelopment of the Republics of the Soviet Union.