The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-11-12
A. F. Of L. Officials Fear
for Plight of Capitalist
Rulers in Western Europe
TODAY the American Federation Of labor OFoiadOm Olr
BY J. LOUIS ENoDAHL.

TODAY American Federation OF Labor otlciadom ohs
with the international bankers in Wall Street to demand
partial cancellation of the debts owed by the European
capitalist governments the United States This UNITY OF
interest developed attack on Senator Borahs
that the loans be paid appears in the OF Matthew
Wo vce-president Of r. of l., considered mouth
piece for the executive council
This outcry nothing if not guarded confession per-
haps unconscious admission that americas IaooL
heads fear the workings Of the Dawes slave plan imposed
Germany, in its effect on American working conditions
It indication of the growing dread that similar plan
may be imposed other European countries notapv
France, with similar results.
Since capitalist Europe bankrupt and staggering under
its burden of mtarsm and the cost of wars cannot
pay the United States in gold therefore must pay in goods
Germany trying pay her late enemies An increase
the United States must have its effect on industrial cond
tons this country slowing down production and throwing
large of labor out of work. This will happen in spite
of all the capitalist nostrums proposed by Green VOL Co.
Ii was this same A. F. of l. officadom that supported
and still supports the Dawes pan the child of the Versailles
peace and the league OF nations
1t partially scott at the remission Of taxes
resulting from the payment of the debts because rems
sion of taxes goes largely to the wealthy and in cons
derabe part to swell the wastefu expenditures OF the idle
rich" But go farther Secretary of the Treasury
Mellon struggles it that all remission of taxes
bounds the immediate benefit of great business result
ing in greater profits wealth stolen from labor that so
great extent that cannot be entirely squandeed by
idle parasite class but go forth seeking fields of
No wonder them that these same A. F. of l. officials,
who refuse Join in the world for trade union
unity shed their the plight of the ruling capitalist
class in Europe as follows:
credit
commercial borrowings
would nue its accumulation capitaand
ability % pay international debts"
That is what the House of Morgan says. Let the
government remit the loans that Commercial bor-
rowngs be made from Wall Streets international bank
Not for the benefit of the workers and farmers of
Europe Only for the strengthening of European capt.
tasm and it's ability to exploit European labor. Remis-
sion of debts enhance the position of European profit takers
enabling them to attack their working class home and
carry for the suppression of their colonial serfs.
Just the remission of taxes helps the capitalists in the
United States. But the workers in way benefited
Labor in this country will learn that lesson in spite of
its offcialdom 1t must know that the Duncan
regime the head of the A. F. of l. urged
of the czart debts to the Russian and
Instead they have used the reputation of by
Soviet Republic argument against recognition Their
worry now that weakened capitalism in Europe
will be unable to resist onsaughts by rebeous
and farmers
American labor must develop its solidarity with Eu-
labor 1t must be prepared for the complete repuda-
ton OF all debts by European workers power 1t
must be made to realize that its interests only be ad-
collaboration with international nanciers and great indus
trial overords On the question of the partial cancellation
of debts the A. F. Of L. officials play game of one
section OF the capitalist class Senator Borah champions the
OF different STRATA the smaller industries and the
Weltodo farmers, who vany hope improve their cond-
ton thru the payment the European debts The interests
OF the workers lead them to against capitalist
class against Morgan Borah, Green Wo etc. for the abo-
ton of capitalism.