The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-08-30

By J. NEY AREZ and LEON SLAN1N
The approaching imperiaHst war,
in addition to once again drawing in
to its bloody mire the many nations
Of war-ridden Europe, and of North
America, next time is sure to spread
to the nations of South America. Be
cause Of the ever sharpening rivalry
between the imperialist interests of
Great Britain and the United States
in Latin America, the nations of this
continent will soon find themselves
involved in a most horrible butchery.
U. S. Gusts British From Latin
America.
Prior to the World War, British
capital enjoyed supremacy in Latin
America. But during and following
the war, Yankee capital penetrated
South America in ever greater pro-
portions and the British supremacy
has given way to Yankee.
Thus according to Max Winkler ex-
pert Of the Bertron, Griscom & Co,
prior to the war American invest
ments in Latin America totaled only
S100000,0O0, and today these invest
ment are soaring above 100000
600. The American investments
reached this tremendous figure, while
during the war British investments
were at standstill The same is true
in the trade relations Of the two I'M
perialist powers with Latin America.
P NJ. Atkins, in the Chicago Journal
of Commerce, shows that British eX-
ports to South America since 1913
has increased only 90 per cent in
value, while L. S. exports during the
same period have increased 1885 per
cent in value,
Imperialists Exploit Reyolts.
British Imperialism facing the re-
volt and loss of her colonies over
which she hitherto had absolute con
troll viii not resign herself to the
fact that she is being ousted by the
Yankees from one OF the richest in
vestment fields, and is thus deter
mined to contest the Yankees for her
foothold in South America.
In this conflict British and Ameri-
can Imperialism, take advantage of
the petty, arbitrarabie differences
existing between the governments of
the Latin American nations, and thus
these governments become the agents
and instruments of struggle and
ultimately for bloody warfare, to de-
termine whether British or Ameri-
can Imperialism is to have the sole
right to exploit the resources, and the
workers Of Latin America.
Let US see how the South American
nations are drawing nearer to open
hostilities, in the interests of foreign
imperialism, and what the existing
preteXts for way may be.
Foreign Investments.
he dispute over the nitrate re-
Eicn Of Tacna-Arica is the spark that
zip set off the conflagration. All
7rts" to have Chile, Peru, and
i1ia, arbitrate and come to a
eeul settlement have thus far
ed. The reason for this becomes
ir when it is recognized that the
raj forces in the Tacna-Arica dispute
are the conflicting interests of Brit
ISL and American capital. In 1920,
british investments in Bolivia ex-
CSNSo 1iIOA2S VI JIle OuCeQ SIdIeS Dy
S2,500,000 the total U. s. investments
being $15,000,000. Today, U. S. in
vestments in Bolivia have risen to the
80 million mark, far surprising the
British figure.
In Chile which has been a strong
hold for British investment, Ameri-
can investments have risen from
S15,O00,000 in 1912 to $500, 900, 900 at
the present day.
In Peru, British investments are
still in the lead with 20 million over
the 100 million dollar representing
the U. S. investments.
The Argentine-Brazil Dispute.
Identical is the threatening war be-
tween Brazil and Argentina. British