The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-08-04
lContlnued from PAGE il

cratic fiction of the equality OF ma
tions. The United States is the great
est store-house Of capital In the world:
capital is being constantly piled up.
American export of capital has more
than doubled since the war, the total
now invested abroad exclusive OF war
debts to the u. S. government being
over nine billions Of dollars. The
United States is the worlds money
lender; no big financial deal can be
put thru without consulting the House
OF Morgan. To guarantee its invest
mcnts and to open up new fields for
them, the financial oligarchy centcrea
in Wall Street makes ready use o.
its political instrument, the United
States government. Also TO Inonopot
ice markets and to control sources OF
raw material. American governments
officials travel the seven seas 10 Go
the bidding Of Wall Street. AmericAn
warships break strikes in Cuba and
Central America, patrol Chinese rivers
and engage in iinperialiss 6emonslrA-
lions in far eastern waters.
"a American foreign policy is I'm
perialist policy Broadly speaking, Il
revolves around three main Slogans:
the Monroe Doctrine, the open door
and the Dawes plan.
THE MONROE DOCTRINE
Is. This is the Official name for the
policy in Latin-America Latin-Amsr-
/ fca is something more than field for
the investment of capital and a mar
ket to be monopolized. altho 4%.4 per
cent of Americas total foreign invest
ment is In Latin-America. The great
or part of our raw material imports
come from Latin-Alnerica. One OF
those raw materials is oil, which has
become an elemental, vital factor Ia
the life of modern capitalism-a cen-
trail objective in the clash OF rival
imperialisms turnout the world. Latin
, America is therefore considered Wall
, Streets eminent domain, where no
! foreign Intervention, other than that
Of the United States, is to be tolerat-
Ted. The Monroe Doctrine Is a doc
trine of "Latin-America for Wall
rStreet" Native governments are
either ruthlessly thrust aside, as in
| Nicaragua and Santo Domingo, where
U. S. marine run amuck, putting the
natives to work in chain gangs In
the dust and sweltering heat of the
public roads; or else the governments
are intimidated, as everywhere In Gen.
trail America; or they are threatened
with revolution, as in Mexico and else
where; or they are encouraged to pro-
American dictatorship. as in venezu-
/. ella and Peru. American Imperialism
has even created special organizations
to assist in the domination OF Latin
America, notably the Pan-American
Union.
16. Out of the 20 Latin-American
republics, J 1 now have their financial
policies directed by appointed officials
from the United States. Six of these
IL have the financial agents backed
by American military forces on the
ground. Four of the remaining nine
have their economic and fiscal lives
closely tied to the United States thru
large loans and concessions giving
special advantage to American CAPT
talists.
II. The Monroe Doctrine will not
lose its importance to American for
eign policy with the development of
the American empire to worldwide
proportions. On the contrary, it will
be pushed more than ever to the fore.
Latin-America is the primary foreign
base Of American capitalism. The
plan for a Mexico City-to-Buenos
Aires railway is the symbol of Ameri-
can imperialism Just as the Berlin-to-
Bagdad railway was the symbol of
German Imperialism.
IS. Latin;America is still the prla-
ciple field of American Imperialism
and one where its sway is relatively
undisputed by rival powers. Its popu.
lation is almost equa. TO that of the
United States, its territory several
times greater and the whole extent OF
continent and third is unified Ly
common language. racial and social
origins, traditions and history. cul-
turo, and economic and political con
ditlons.
10. There IL sufficient homogeneity
TO permit OF the building o: a powerful
continental movement OF the work.
ers ard peasants aaginst American
imperialism, and sufficient resentment
due 10 the occupation OF the Central
American and caribbean countries,
the sustaining of autocracies such as
those of Venezuela and Peru by Unit
cd States aid, the interference In the
internal affairs Of all Of the countries
the system OF financial and military
advisers. tn monopolistic Monroe Doc
trine and the robbery of the tremen-
dous natural resources of Latin-Amer-
ica. -
3. The Open Door
20. The CLOSED door" policy ex.
pressed in the Monroe Doctrine is sub.
stituted by its exact opposite, the
Uouap doorD In tho far aaaf Au,arico