The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-10-06
Campaign Issues in New York
(Continued from page 1l

campaign lSSuO
CONTINUED from page II
elusive monopolies-each in par
ticular branch of service but very
often having interlocking director
ates.
Traction VS.. Realty.
One Of the contradictions inherent
in capitalist development here arose.
1t was to the interest of the great
traction trust that fares be increased
SO that their rate of profit rise. 1t
was on the other hand OF the great
est interest to the realty corporations
that the fare be held at low level so
that they could continue fleeing the
gullible with their land boom schemes
from which they harvested millions.
Thereby these two groups Of capital
lists were brought into active conflict
The dominant party on the New
York election scene is the democratic
party. This city has not had a re-
publican mayor since Seth Low who
was a fusion candidate in 1902. 1t
was therefore logical that the war
ring economic groups use their most
energetic efforts that this party nom
mate candidate for ONCE who will
favor the one or the other group.
This was finally crystallized into the
Hylan-Smith fight.
Who is Smith?
Alfred e. Smith is a director of the
Electric Transport company which
has interlocking directorates with
the marlborough Rapid Transit com.
pany Operating New York subway
and elevated lines) thru Cornelius
Vanderbilt and Horace M. Fisher,
which in turn has interlocking direct
crates with the New York Central,
the Biltmore hotel, Armour and COM
pany, ETC., ad infinitum. He is also
director Of the Morris Plan COM
pany which has been fleeing the
workers in loan schemes and is also
chief shareholder and chairman of the
board of directors of the u. s.
Trucking corporation. He therefore
represents the traction group. He
supports Walker as candidate who
while on the agricultural committee
to prepare food control bills accepted
fees from the meat trust
Who Is HyIan?
Hylan on the other hand is closely
bound up with the realty interests.
1t is not permissible that while in Of
flee he himself should engage in bust
ness. However, the Sinnots, members
Of his family, are all owners Of large
insurance and realty corporations and
we suspect that the mayor himself
has more than just a sympathetic
share in these enterprises. 1t is
therefore logical that he should
champion THIS great financial group
against Smith.
Hylan's strength comes from Rich
mond, Queens and the rapidly grow
ing sections of Brooklyn, because he
used his office to build subways,
bridges and to give the realty sharks
every facility that the city could Of
fer them He got the endorsement
Of the Staten Island businessmen's
league, powerful organization con-
sisting in a large measure of real es-
tate men. He also got the support
of the Five Cent Fare club, a temper
airy election organization which is be-
ing financed by the same group.
Walkers Record.
Walker (Smith's puppy gets his
strength from the greater aggregates
of capital-from the public service
corporations and the meat trust
thru men like Arthur S. Somers who
is a director of the Brooklyn anhat-
tan subway system. Because of his
recent victory in the democratic par
ty Smith becomes the angel of the
great trusts and will undoubtedly
gain substantial financial assistance
from them when the problem of NOM
mating presidential candidate
in 1928 arises. Already during the
campaign period he got a suite of
rooms and meals free from the Bit
more which is owned by the meat