The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1927-09-16

caused by the imperialist war chiefly from an
economic point of view, and is ready even to make
big material sacrifices-France. on the other hand
is pushing its imperialist desires into the fore
ground. These imperialist strivinqs of France are
rooted in the great political power of her bank
ing capital and the steel and coal trusts which
are closely bound up with it, and also in the in
fluence of French militarism which dreams of
mastery on the whole European continent.
These strivings of French imperialism which
manifested themselves most clearly in 1923 in the
Ruhr adventure, would never have attained such
influence in the country if not for the most pro-
found financial crisis in France which was lead
ing to a continually growing deficit in the state
economy and threatening the country with bank
ruptcy. The internal Indebtedness of France at
the present time reaches 100 miliard gold francs,
and the indebtedness to England and America is
estimated approximately at 80 miliard gold francs
70 this Indebtedness must be added the fact that
the reconstruction of the destroyed regions of
France, despite the milliards already paid by Ger
many, still requires tremendous expenditures, due
to the fact that the greatest part of the repara-
tons payments were for the support of French
milltarsm or found its way into the pockets of
that class of capitalist spectators who are making
as much money out of the separations as they did
out of the war.
from this 1t is clear why the leaders of French
heavy industry are trying to take away from Ger
many parts OF its territory-the Rhine valley Be
sides this, seeing that the PREPARATION payments of
Germany are not going for their appointed pur-
pose, and confronting the opposition of Germany
which is not strong to bear the burden of the in
IDENTITIES laid upon it by the victors, the French
capitalists of heavy industry seized the Ruhr bas-
IN so as to secure European monopoly for the
french trusts, since with the seizure of the Ruhr
French heavy industry would control $50 of the
iron production and 7O% of the whole coal produc-
ton of the European continent
IL. WHY l SIT NECESSARY WHEN STUDY
ING THE QUESTION OF THE FATE OF
CAPITALISM AFTER THE WAR TO d.
VIDE THE COUNTRIES OF THE WORLD
INTO GROUPS?
Because the imperialis war of 1914-1918 touch
ed the interests and broke up the development of
Large part of world economy and within the
bounds there are different Countries strongly
developed capitalist, semi-capitalistic and coloni
ial agrarian countries with widely dissimilar pro-
ductive and social relationships The war also
brought about grouping of countries according
to the degree in which they took part in military
operations and the degree in which they suffered
material losses. The curtaiment of production
brought about by the war was distributed non
uniformly among the different countries. In some
countries the productive apparatus was stronger
after the-war, the productive capacity higher than
before (America and JAPAN and on the other hand
there are countries in condition of profound
arrangement Germany and of complete
downfall (Austria).
However, to greater or lesser degree, in one
or another manner, in all the countries drawn
within the sphere of the crisis there is every
"here visible talthough not to the same degree)
an instability OF social and economic relationships
II IS evident that for the correct indication Of
the paths OF further development of the crisis it
Is necessary In every one of them separately in
what manner and to what degree the chief signs
Of the breakup Of capitalism are expressed.
Ii. INTO WHAT CHIEF GROUPS ACCORD
ING TO THE NATURE OF THE CRISIS
GOING ON IN THEM, CAN WE DIVIDE
THE COUNTRIES ENTERING INTO THE
SPHERE OF WORLD ECONOMY?
All the states which before the war were al
ready factors in world economy can be divided in
TO three groups according to the character of the
CRISIS OF declining capitalism now gonig on in
'hem' l. States with incompletely developed.
and essentially still healthy capitalism g. States
4'N NOAnPlSOSly ueVeloped capitalism. 3. tSateS
n which the decline of capitalism is manifesting
tsef with complete clearness.
"a. WHAT ARE THE CHARACTERISTICS IN
THE POSTWAR PERIOD OF THE ECONO-
OMY OF STATES WITH INCOMPLETELYl
DEVELOPED CAPITALISM?
The economy of states with incompetelv deveI
ped capitalism is characterized by the fact that
hey KEEP away to certain extent from the Euro
ean crisis and consequently enjoy a greater sta
lhty as compared with the tendencies to decline
which have seized upon the old capitalist coun-
riess.
HOW is this to be explained? This is explained
y the pecullarities of the internal economic stu
uon OF these countries which are still at very
airy stage OF capitalist development or even in a
erlod OF pre-capitaist conditions, whereas CAPT.
alism on world scale has already entered into G
ne zone OIL Its decline. To such countries belong
rst the colonial possessions in Africa belonging t
england, France, Belgium and Italy. These :
eelOns are at the lowest stage of capitalist deve- t
pment. There foreign colonial capital in its
'orst form Grading capital and exploitation of t
lantatons) is still the only active force The n
opuaton, extraordinarily little stratified, is on
low level of development I
Second: The colonies of No~tba,,, Africa Was O