The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-04-03
AS WE SEE |

4 4
tRy r. J. o'FLAHERT ur s
DECEIvERSHIPS may not be bene-
~ fetal to the snail fry who own a
few shares of stock in concerns that
get into financial difficulties, but 1t
is rarely that the big fellows behind
the stricken corporations lose any
thing. Recently the Chicago, Milwau-
kee and st. Paul railroad was placed
in .receiYership. And one of the re-
ceivers is none other than Harry e.
Bryan. former president Of the road.
THERE are two other receivers,
4 Mark w. Potter, former United
States interstate commerce commits
sioner and Edward J. Brundage, for
mer attorney general of Illinois. This
receivership busipess pays well. What
will happen to the Chicago, Milwaukee
and st. Paul is something like this:
The big bankers will lift out the little
suckers and drop them into conven-
lent mudhoIe. Having gotten rid OF
this excess baggage, new bond and
stock issues will be fioated, backed
up by the prestige Of Wall Street and
the business of making profit will pro-
coed as usual. The C.sM M. and st. Paul,
is still running. 1t is being run by
the employees.
CALVIN COOLIDGE does not be-
" lieve that he should change his
mind so very suddenly on the question
of recognition of the Soviet govern
ment But Washington correspond
ents are not al all sure that Calvin's
lips allow his thoughts to go forth
unhindered. When he first stepped
into Harding's slippers, he was in the
habit of saying something about what
the reporters were Interested In. But
now. he throws the news hounds on
the scent. So, what he says about
Soviet Russia, need not be taken so
very seriously considering the fact
that bankers information service
states that an unofficial commission is
already at work preparing the way
for recognition.
THE German socialists have made
i deal with the democratic and
catholic parties to support former
chancellor Wilhelm Marx for the pres
idency in return for the premiership
Of Prussia. This is political trading
with a vengeance. Like hucksters at
a fair the socialists haggle for any
thing they can get That they possess
neither personal nor political honesty
has been amply proven during the
past few years.
TINE German Communists will run
L Comrade Thaelmann again. He
boiled over 100000 votes In the first
election, a tremendous vote consider
ing the fear of the masses that the
monarchist candidate would win I'M
less they voted for the social demo
crat. 1t is quite likely that many
workers who voted the socialist ticket
in the last elections will vote Com
munist in the next, there being no so
eialist candidate. How much the So
cialists received in return for leaving
the field in favor of the catholics and
the capitalists groups back Of the
Dawes plan will not be known until
another Barmat scandal breaks.
A. PURCELL, leader OF the Brit
"A. ish trade unions, made a neat
retort to the criticism that the Rus
sian government displayed unusual
courtesy to the British trade union
delegation while on its tour in that
country. Purcell replied that it was
quite true that the Russian workers
and peasants treated them royalty,
but thought that was to the credit OF
the Russian workers. Capitalist gov
ernments, he said, receive capitalist
representatives from other countries
with honors, and why should not the
Russian workers do the same to the
ENJOYS of labor? A pretty snappy
comeback!
DHILIP SNOWDEN, former chan
4 cellor OF his British majesty's ex-
chequer made vicious attack on the
British Miners Federation thru the
columns of capitalist newspaper.
Phil and his wife Ethel. are two Of
the most loyal supporters of the royal
family in the British isles. Both are
well known socialists. Philip is a
staunch friend of Frank Hodges. the
young man who was first lord of his
majesty's navy in Ramsay MacDo-
nadia, and Sir Alexander Grants gov
eminent Hodges was given the boot
by the miners union and ]. A. Cook
got his place.
COOK is carrying the war into
~ Africa" He makes Karl Marx