The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-11-21
The italian Debt Settlement and the Struggle in Europe

II is nlains that the cooperation in
the Dawes plap, for two separate and
distinct reasons, cannot possibly ben
eft both the United States and
Britain. With American finance cap
ital penetrating German industries,
and reviving them, British industry
is bound to suffer. Therefore, at the
first opportunity Britain, in its
struggle against the United States is
forced to vancouver to Offset this
new menace growing out Of one of
the many efforts to STABILIZE Europe.
BY aligning Germany against the I'm
tied States in Mosul England gains
one advantage. BY promising, through
diplomatic channels, the support of
Germany against France another point
is gained,
One thing stands out clarly in the
close cooperation between England
and Germany-the rapprochement is
made for the purpose of creating a
military alliance in the world struggle
that is impending.
Sacrifice German Interest.
MANY people will consider the
AV1 heavy investments Of the Amer
lean bankers in both Britain and Ger
many and contend that this govern
ment dare not fight against Britain
for fear of losing these investments.
But the temporary gains to be derived
from continuing amicable relations
with these two countries are far out
weighed when the world situation is
considered. Certainly it is infatile to
imagine for moment that Wall
Street will risk it's position of world
supremacy in order to avoid a tenn
porary loss of interest on investments
From the viewpoint of the world
struggle between England and Amer
lea, the two giants of world imperial
ism, special localized interests play a
secondary part.
Britain realizes it equally as well as
the United States. The open alliance
with Germany as the result of Lo-
carno, the determination now be-
coming clear on the part of England
to take advantage of the struggle in
Syria as an excuse to strive to expel
France from Asia Minor are threats
to the United States that cannot be
ignored. Britain's determination to
secure complete control of Mosul oil
is further emphasized by it's concen-
tration of air forces at Hinaidi, the
worlds greatest fighting air base.
This will be the point from which at
tacks will be launched against Turkey
in order to subdue that nation and
drive it out of the Mosul fields.
Sir Harry Dobbs, high commissioner
of the air forces, declares this base
can launch 300 planes, carrying 1900
bombs on each fight, against Turkey,
completely destroying Turkish bases
and water wells, and routing it's army.
Does any sane person doubt for a
moment, in face of these alignments,
that the United States will not cancel
any debt, or all debts of the previous
war, if necessary, in order to thwart
the designs of Britain?
The imperialist bandits would have
us believe that although alliances in
the past have always led to war, the
present alliances are for the purpose
of promoting peace.
Germany sees in the present align
ment with England a chance of re-
gaining control of it's former territory.
France, with the assistance of the
United States, hopes, through defeat
of Britain to obtain undisputed con-
troll of the Rhine and Ruhr; Italy has
visions of grandeur through support
of Wall Street.
The ramiflcations of these alliances
will be depicted in volumes of his
torico-economic works The one out
standing, overshadowing fact is the
alignment for the next world slaugh-
ter.
The only force that can prevent its
consummation is the rise of the
workers and peasants of the imperial
ist nations and the colonies. The one
force that can bring peace to the
world is the Communist International
striving to unite the exploited masses
into solid front against the imperial.
list conspirators
But there is much. that must be
destroyed by fire and blood before
peace can be realized for the world.