The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-03-05
Textile Kings Also Have "CuIture"

small section of corrupted labor aris-
tocracy and the properly proletarian
lower stratum" as the more honest
versions of the plan have done. He
ignores both the general fact that the
real pr6letariat of America would
sink into worse misery and the speci-
fic fact that at this moment his gang
is engaged in lowering the average
wage in the textile industry to about
SIG a week. Ignoring the fact that
the real proletarian masses would al
so be bonded slaves" Mr.. Dakin
says:
Nothing, indeed, seems more GER
tain than that the next few years will
bring to this country the anomaly of
high wages, together with relatively
low commodity prices IN general and
high interest rates. The result, of
course, will be an extraordinary pros
perity among the working masses
the labor classes in general. Sharp
division between capital and labor
will disappear" And then he goes on
to list all the devices for corruption
of labor that capitalism has in it's
bag. Except that he makes no allow
ance for the Gomperism Of the pres
apparently even that kind of I'M
ionism is to be dispensed with in ia
vor of outright company-unions.
lauds Company Unions"
On company unions Mr.. Dakin
banks high. Altho he does not use
the slogan, Let the superintendent be
your labor leader" it is. evident that
that is what he has in mind when he
recites the company union plan.
Even more he seems to rely upon
the. labor bank" as means of cor
rupting the labor ranks. tho how they
can continue to exist without the
Gompers kind of unions he does not
say.
But with keenest delight this Wall
Street boy pounces upon the incident
of Warren Stones scab coal mine:
"At least one labor union owns and
manages some coal mines of its own
"a management fraught with much
present sorrow, but also much healthy
capitalistic education. Today, in New
York, organized labor is planning to
use its combined capitalistic resourc-
es to erect large apartment houses for
the workers and eliminate the slums.
Capital, in various methods of modern
management and programs for profit
sharing, is joining hands with labor;
labor, as it amasses the resources of
individual members, is entering the
realm of capital
The capitalist writer then goes into
delirous delight over what he thinks
will be condition where every citi-
zen will have a share or two of stock
(which he calls private management,
but public ownership of Industry, and
everyone will have money in the
bank" and 1--WE shall be established,
once for all, as a nation of conserva-
tive Bourbons."
World, Except Russia, in Serfdom.
And he closes with the words:
"As the world slips into 1925, we
have all become-eVeryone of us
the owners of hundreds of millions of
able-bodied serfs. We have a mort
gage on the lives both of the living
and the unborn in practically every
nation of Europe except Russia. We
shall have, If not gold pouring in,
then it's equivalent in merchandise.
Each one Of US can hope to have more
to spend. Each one should have more
to buy. The luxuries Of today should
become so universal as to be neces-
stiles. New luxuries will have to be
invented to take up the slack of our
increased resources. With such
wealth we can hope to do one Of two
things. We can waste II, individually,
in vain and effete living, as every
great empire has finally wasted its
resources in the past; or else, utlliz,
ing the modern invention called cap
italism, we can mass Il in ways that
will enable US to remake the whole
human environment-to remold the
entire world nearer to the hearts de-
sire.
with money-and the labor Of
bonded slaves"
This is the journalistic marvel that
Wall Street magnates are handing
about to each other and discussing
with awed admiration over their noon
day steaks. II expresses the dream
Of the Rabbit soul in cotton and wool
en- manufacture, now a cog in the
wheel of finance-capital and out for
conquest of the world
Meantime, the slow strangliRg proc
ess goes on in the New England mill
towns, where the workers, "in order
TO increase earnings for all concern
ed" must take cut OF 10 per cent
(on the road to a cut of rs per cent?,
give up the eight-hour day, double
their production. half OF them get
fred and the other half sink into
"the labor Of bonded slaves"
That's the fOkar of II all stIdenIIan"