The New York herald., 1922-05-01
American Anglo German
Financial Group Attacked
as Ruthless.
HAS FULL PROOF, HE SAYS
w. Y. Foster Accused Of Engi-
neering Drive to Sovietize
Labor in United States.

| <AiHViiSaH Il FcueIdlioH Ol LdpOI, lO-udy
issued a statement declaring that rec
| ognition b. the United States of the
"Bolstevik tyranny" in Russia would
be a needless and base betrayal of
civilization.
Developments at Genoa" said the
labor leader, cannot escape the notice
of thinking Americans, though the full
significance Of what is happening there
seems generally lost in most of our
newspapers.
Persons have asked me whether, in
the event that England and other Eu-
ropean nations recognize the Bolshevik
Government. the United States should
not follow the example.
IT can think of nothing that would
constitute a more needless and base
betrayal Of civilization than American
recognition of the Bolshevik tyranny.
Sees Nothing More Disastrous.
II can think of nothing that would
be more fraught with disaster to hui
manity than American recognition of
the Bolshevik Power in any form
| whether by entering into another eco
nomic' conference at which America
would sit cheek by jowl with Soviets, or
In any other manner.
"In making these assertions l am
mindful OF the amazing propaganda
with which American public life is be-
ing flooded. I am mindful of the in
trigue which is everywhere about us.
and above all 1 am mindful of the
newly adopted policy Of the American
| Anglo-German banking group. which
perhaps constitutes the most dangerous
element in the whole chain of pro-
Bolshevik effort in America, because
it has it's hands on the most power.
"The truth is that predatory inter-
national finance has its appetite UP and
believes 1t sees loot in Russia.
II know of nothing more cynical than
the attitude of European statesmen and
financers toward the Russian muddle
Essentially It is their purpose as laid
down at Genoa to place Russia in eco
nomic vassalage and give political
recognition in exchange. Recognition in
exchange for concessions. They know
immediate trade is not to be had, but
they know that eventually they get at
the gold. the coal. the oil. the timber
and future products of the Soviet.
Russia ON Bargain Counter.
Russia herself is on the bargain
counter, behind which stands Lenine as
a bandit merchant. to take what he can
get and what will serve his purpose in
exchange for the heritage of a people
rendered helpless by him and his.
America, let us hope, will continue to
stand for Russia's economic independ-
ence as we'll as political freedom.
american business is asked to join
in that helpless escapade, that miserable
and contemplate business. the looting
of that vast domain, and to facilitate
its efforts, certain American bankers
engaged in mortgagng the world are
willing to sow among their own people
the fiendish. anti-democratic propaganda
of Bolshevism. substituting. buying. hi-
timidating. cajollng. There are splendid
and notable exceptions. but the great
powers of the American Anglo-German
financing combinations have set their
faces toward the prize displayed by a
people on their knees.
"Bolshevik propaganda has been
organized exactly along the lines OF pre-
war European intrigue, overlooking
nothing that went to make up the old
international German and Russian es-
pionage system.
ut is impossible to violate confidence,
but / am going to make here ceretain
statements on this point for which I
have ample proof.
"First-The Bolshevik propaganda
fund in the United States amounts to
many millions of dollars partly in cash
deposits and partly in old Crown and
nobility jewels.
"Second-Bribes have been offered out
of this fund. Brides have been offered
in places where the American people
can i'll afford betrayal.
"Third--The newspaper world. to
which we must look for information. l.
worm eaten with Bolshevik friends and
propagandists and still further eaten
into by immature reporters and editors
VINO fall victim to deception or blandis-
ments.
"Fourth---As result, editorial under
standing is offset by q great volume of
mis-reporting and pro-Bolshevik report
ing.
"Fifth--Foreign correspondents are TO
an amazing degree addicts OF the Boil
shevil dope habit. evidenced at the mo.
ment by obviously tainted cables from
Genoa.
"Sixth--Most important IL the espou-
sal OF the Bolshevlk cause by the group
of American-Anglo-Ger German bankers
who like to call themselves international
financiers to dignity and conceal their
true function and limitation. Specih-
cally. the most important banker In this
group and speaking for this group. born
In Germany, as II happens. has issued
orders to his friends and associates that
all must now work for Soviet recognition.
Former Governor Marked.
Seventh Prominent dignitaries
strong labor haters. are putting forth
fresh efforts in the Bolshevist cause.
Specifically, labor haters like the ex-
Governor of one Of our Western States
have Joined the Bolshevist supporters In
the great campaign to secure American
recognition.
"Eighth--A fresh flood OF 'no~ we are
good accounts has been poured out OF
the Moscow propaganda machine into
the ears Of the world. Newspapers pub
fishing these accounts. forget that II Is
but month since Lenine said: we
countered the fight against US BY in
stituting terror. a three fold terror. II
IT becomes necessary again we will have
It once more
"Ninth--A flood of cables has come
to America about the REIMBURSEMENT of
censorship in Russia, though there has
been no such thing. Only three months
- a