The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1924-04-29
Morgan, The Dictator

John Pierpont Morgan head Of the banking
house of Morgan & Co., has assumed the dictator
ship over Western Europe.
The DAILY WORKER has persistently pointed
this out, especially since Chicago's Charles G..
Hell and Maria" Dawes handed down the Wall
Street inspired report of the commission of ex-
perts, setting forth the ability of Germany to pay
Morgan is in Paris He is not taking orders
from but giving orders to, the nations of the Yer
sailles Peace-France, England, Italy and Great
Britain. Morgan's picture is published conspicu-
ously with the news, and under the headline, "Mor
gan Offers $1OO,OOO,OOO on Berlin Loan" The real
ruler of America, and all Europe but Soviet Rus
sia takes his place openly, on the front pages OF
the newspapers, without any foolish coronation
ceremonies
Morgan stands back of the Dawes plan. In fact
as we have pointed out, it is his plan. 1t is the
plan of Wall Street.
Morgan pledges the financiers of Wall Street to
raise $1OO,OOO00O or onehalf of the S00,0O0,00O
gold monks ($2OO,OOO,OOO) that Germany needs
under the Dawes plan. An English group of CAPT
talists pledges $75, OO0,O 100000, the rest to come
from France, Holland Switzerland, Italy and else
where.
The determining power, therefore, is in the
hands of Morgan And no Mussolini, in the hey
day of his power laid down his Fascist terms
more ruthlessly.
Morgan says the Dawes scheme that means an
other war in Europe, more CHASTITY and destructive
than the last, within the next few years, must be
accepted without alterations, or political modif
cations. The plan must Immediately become
operative The capitalist politicians Of the various
countries have been warned by "NIorgan-The Die
tator," that they must keep their hands off, and
not shackle the experts business-like arrange
ments with political or military considerations
Western Europe, in accepting the Morgan dicta-
torship, has surrendered the right to decide its
own destiny. 1t has turned its fate over to the
Fascist Dictator, Morgan, of the House of Morgan,
Broad and Wall Streets, New York City.
We hear the complaining admission of the Ber-
liner Morgenpost that "There is no doubt that the
really great lord, who will exercise the decisive
influence in all these reparatons questions is the
American Millionaire, Morgan"
That this thing has been done is a confession
by the capitalists and politicians of Western Eur
ope that they fear for the life of European capt.
talism 1t is world capitalism's last effort to pull
Europe's revolutionary tooth,' as Trotzky calls
it; to crush the First Workers Republic-Soviet
Russia.
The House Of Morgan now stands supreme. It's
foundation was laid on the graft and the profits
won by the father of the present Morgan, during
the Civil War. The House of Morgan won its
place, during the recent world war; as the great
est of international banking houses. 1t was Nor
gans' war and Morgan got the United States into
it, to help save the world and make it safe for
Morgan. The blood and agony of American work
ers and farmers, in two great wars laid the foun-
dalton and reared the superstructure Of the House
of Morgan.
Wilson tried to get the United States govern
ment into Europe thru the League of Nations. The
republicans are profting by the failure of the
Wilson democratic regime and Coolidge does not
urge the government, but the House of Morgan
to extend a loan to Germany, under the Dawes
plan. Thus Coolidge confesses the House of Nor
gan even greater than the United States govern
ment; confesses capitalist America as well as
capitalist Europe the vassal Of Wall Street.
e rests with the workers of all the coutries con
cerned to say how long they will endure this die
tatorship. 1t cannot be that the workers of Ger
many, of any other country will indefinitely
tolerate this international fascist rule.
1t is against this world Fascist Rule that the
Communist international issues its international
May Day, 1924, proclamation.
1.-THE United States does not know where to
spend all its money" says the proclamation. I'll
is eagerly stretching out its hands for new riches
seeking new sources of oil and attempting to mono
police by every MEANS including deceit and
violence. Thereby the United States again con
jures up a terrible new war aspect"
This International May Day is a good time for
the workers and farmers of the United States to
consider if they will safeguard with their Lives, in