The New York herald., 1922-07-09


The timorous worker Is assured
that he will not be digging coal for
the fun Of it All the coal and iron
he wrenches from the ground Is TO be
bought by the Soviet Government
he is assured The proceeds OF the
massed product is to be divided be-
tween the workers pockets and
central treasury that win be some
thing like a sinking fund for COM
munity improvements and the like.
Dividing the Gains.
The Russian American Industrial
Corporation. organized by Sidney
Hillman. president of the Amalga-
mated Clothing Workers Of America.
Is a straight stock holding idea
whereby thousands Of Americans may
hold stock in venture that invests
81, ,000.0 900 In the textile mills Of Rus
sia. 1t is suggested that che stock
will have a par value Of SO. Mr..
Hillman quotes Lenine to show that
he has the assurance that the Soviet
guarantees the holders Of such stock.
q neat profit.
1t aims to put up $5.ooo.ooo to b
combined with the $1.000.o0o from
America. Mr.. HiIlman holds forth
no glittering promises.
II believe that any capital invested
in Russia has as many of the ele-
ments of safety as that invested in
most of the other European coun-
tries" he says.
at occurred to me that inasmuch
as the bankers will have nothing to
do with Russia 1t might be bit q
good business to negotiate with Rus
sia direct. And that is what we did.
I discussed it with the heads Of tho
Soviet Government I inspected the
Russian factories. They have CLOTH
ing factories employing moro than
1000 persons. There are more than
q dozen clothing factories In Mos
cow and Petrograd alone. They are
turning out clothing that might be
worn right here in America. What
they need is capital, not labor.
A Business Proposition.
The Russian Government WIN
turn over to our corporation. on q
partnership basis. two clothing fac
tories employing about 5000 persons
and two textile plants.
I'VE are guaranteed preference on
all orders given by the Government
and the first call on all raw mate
riais we may need. Furthermore We
shall have the preference in trade be-
tween Russia and America-or any
other country for that matter. Be-
sides the Soviet Government guaran-
tees our $1.000.0o0 even should the
venture prove unsuccessful. There is
nothing crazy about that Idea, Ia
there?
'The plan, IL successful. will show
a new way out not only for labor
but for all classes"
II you will digest Mr.. Hillman and
contrast his business methods with
those of Big Bill Haywood you will
find that We are coming back to the
more or less platitudinous state
ments with which this article be-
gins. Mr.. Hillman has the Soviet
Government giving q nod-a cool
nod. but nevertheless a nod-to our
own belabored system Of economics.
In business there Is none OF the
soap box oratory Of the I. w. W..
Mr.. Hillman seeks to garner divi-
dends- The Soviet Government longs
to fatten the official treasury. Every
worker from Peoria to Petrograd
seeks the utmost dollar his labor can
accomplish And that leaves MOTH
ing more to be said.
1t Is fair enough. therefore, to &c
sumo that there is less wan. author
the Government apf Advance" re-
theory tie degree OF Lift. d. at the
recent commencement exercises Of
Dickinson QNAlege. Carlisle Pa.