The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-04-28
Capitalism in Germany
Promises to Redeem
Paper Marks on June 5
BY J. LOUIS ENoDAHL.

miIarist, Hindenburg, bougeois-repubIcan-
capitalist Marx No matter which is elected there will
be little comfort for the German capitalist regime There will
be less for the holders everywhere of the old paper
Marks atho this paper to be redeemed within five weeks
on June 5. -.
Over the world, there many doubted whether
the former kaiser would back In the present
election controversy there has been much discussion whether
monarchsm will But in the days Immediately fol-
lowing the aristice believers in the capitalist ORDER espe
ciay sympathizers with Germany of the firm conVc
ton that the reich could make good on its paper money
That at least sacred.
Tens and hundreds of thousands including many work.
invested in German marks at two, three and
five cents each The mark would normal they
argued and then they would be we fixed for the rest Of
their lives Their only regret that they didn't have few
pennies to invest"
Now that dream is wrecked hope of the past The
world knows how the price of the paper mark dropped
out of sight But June 15 these paper marks to be
redeemed par which around "a cents, but at
the rate of American dollar for every four tron marks
The headquarters of the American chamber of COM
at Berlin is trying put this thing convncingy before
American investors in paper marks for instance that any
cashng in four million paper money notes of million
marks value each, he will get 81 in return.
Again. German trade paper points that the Ameri
holder of 5000 mark noteonce worth about 250
will be entitled to something less than one-miIonth of
cent Yet there anxious persons holding small
of these paper marks who have been writing the chamber
of commerce. wondering whether and when their marks
are to be redeemed The notice to the mark holders de-
cIares:
paper (one cent
being redeemed ubIe Polish
gold enough world to
fraction of Of these eurrencies"
The Russian rube down with czarism Soviet rule
established currency that enjoys the highest
value of any currency in the world The workers and peas
ants didn't worry when the paper rube
They had Russaonesixth of the worlds land surface with
its wonderful and varied natural better life is
before them.
But in the remaining ve-sixhs the world the CAPT.
taist world fighting the rising waves Of working class dis
content its financial structure swayng destruction.
The Heot cabinet in France just fallen due its
ability solve the financial problem Increased initiation
neen Iegazed The issue OF paper money in France has
been raised to 900 face value. This about equal
to all the gold available turnout all the world for money
The pledge of capitalist France redeem its paper francs
becomes humorous when is realized that the greatest
capitalist nations including Morgans America If they
joined in scraping empty all their gold chests
couldn't make good on Frances paper money This shows
how far the French franc has gone
by the German paper mark No French capitalist has yet
come to the front to point way out
The only salvation proposed for capitalism is that ad-
Vanced under the MorganDaWes plan for Germany in
creasng exploitation of the working under more
brutal conditions. If French workers and peasants will
submit exploitation; if they will continue to paw
the mounting costs of French marism they will keep up
all the other costs of the French perast machine
to paying for attacks the workers peasants
Soviet Republics; if they will meeky go into the
to shed their blood and give their lives for capitalist France
then FRENCH capitalism may breathe little easier.
But there nnumerabIe signs the French work.
and peasants intend doing of these things When
the French workers realize that they
boat with the German workers. in spite Of "the
tory then there will be something doing both sides of the
Rhne not Of German and French workers slaughteng each
ohe but of united working class against the capitalists of
both countries. This solidarity will receive great impetus
when France goes under its Morgan Dawes plan.
For the workers there is nothing worth while redeem
ing under capitalism either Germany France other
country Capitalism like the German paper mark, Of it's
offspring, must go into the discard something absolutely
useless and worthless. All that is worth while the world
is the realization Of the Communist heraded by the
Soviet Star of the proearan dictatorship BY that sign the
oppressed of the world conqueng and advancing to-
ward the day.