The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1924-07-30
House Of Morgan
F ears Bea ting of
New Drums of War
BY J. LOUIS ENoDAHL.

TODAY the beating of drums again heard in West
Europe. On the tenth anniversary great
war; General Noet the French minister of war; makes
threats, this time, against Great Britain.
Ten years ago, today cannonadng began along the
banks OF the Danube following the declaration of by
Austria upon Serva for the the Austrian
heir apparent and his wife at saraevo But the spread
over all Europe practically all the world, drawing
Japan as we'll as the United States.
The struggle finally developed into great military tug
of-war between millions upon millions of armed humans
possession Of the coal and ron for the ownership of the
great industries OF the Valley Of the Ruhr
TO-DAY, the soldiers of France occupy the Ruh Great
Britain and the House of Morgan backed by the United
out of the Ruhr
The tug-of-war following the armistice, was shifted
thru fifteen separate conferences until has reached
diplomatic struggle under the thumb of the international
fnancier Pierpont Morgan, who is himself Fastening
across the Atlantic Ocean, in effort to break the dead
lock.
Morgan wants his money. Secretaries Hughes and
are in London to help him get it. The British going
have hard time paying their debts, if industry
vived and put on stable basis in Western Europe.
When the drums beat today they for the same
reason that they rolled out their omnous potent ten
ago. In 1914 France and Germany faced each other for the
supreme position in Europe for its industrial overordshp
Today in 1924, France faces Great Britain she faced
Germany, ten years ago.
The labor government" of j. Ramsay Macdonald pre-
pares display of bateshps 40 miles long, for the benefit
of the French diplomats in London Just as Kaiser Wilhelm
had his regular military In fact years ago.
the of the war, the Kaiser had his display in
the North Sea, just Premier Macdonald is having his
now.
To be sure it French. The French minister
of war, Noe in London hands in his resignation Pre-
mier Herriot for the fourth time.
Minister of War NolIet refused to attend MacDonaIds
naval maneuver last Saturday at spithead Instead he
promised, that when Premier Macdonald to
Paris, he will prepare military 100000 French
soldiers for the British labor premier. There is love
lost here.
o be both he Brit
placing the blame for of their troubles shoulders
OF the American bankers The borrowers always able
to unite against the lender. and England
united front against the Wall Street loan sharks. But
Wall cannot force both France and England into SUBJ
mission, it must back either against the other.
since Morgan financial agent for England logical that
the United States should back the British against the
French with Germany also ally of British imperialism
Thus the lineup changes in the short period of decade
U. s. Secretary of State Hughes the diplomat of the
Standard Oil Trust ushes across the channel to Paris to
the French that:
is disastrous that still believe satisfactory solution
be reached He means, of course, must be reached"
The cables report also that the American Ambassador
to France Myon Herrck former president of the Amer
lean Bankers Association trying to get Hughes together
Poncae not to attack Herro and to warn h
(Poncare) OF the serious economic and financial results
which are Inevitable the experts plan is not adopted and
an amcabe solution for the separations problem found"
1t very evident that the House of Morgan does not
want war right between France and Great Britain
Memories of ten years ago among the great of
Western European workers, still too vivid No matter
how keen the rNares of French and British mperasms
may be- the House of Morgan is trying to hold them in
check.
For Wall Street fears that notifications in France
and Great Britain for may result in the grand
mobilization of the working against their gov
ernments for the triumph Of Workers Rule against the
capitalist rulers at home.
Then the House of Morgan would be compelled to kiss
Good Bye to all its investments in Europe, just It bade
farewell to loans made to the when the Russian work.
ers and farmers into power.
There is good reason why Perpont Morgan hasten
ing to Europe He hears the roll of drums on the
tenth anniversary of the War Of 1914 If comes
be the that will the end of House Of Morgan
E..L Gill; 1n1A