The producers news., 1927-01-28

against aggression in Mexico and Latin-America
are divided on the basis of economic interests
The cotton-growers of the south, whose enter
prises are not yet dovetailed into the rising indus
trial structure that is being erected in that sec
tion. on the foundation of COAL iron and water
power in close proximity to each other see little
benefit for themselves in the southwark drive of
Wall Street imperialism. Like the middle class
agricultural, trading, small professional and indus
trial elements of the north, the southern democra
cy especially with market crisis on its hands,
feels disnclined to share the additional taxation
burdens of militarism.
But the Wall Street leadership of the democrat
party in which must be included Reed of Mis-
souri,, in view of his speech in support of Coolidge
and his attack the Coolidge critics, has got its
instructions. Reed said according to dispatches:
in the difficult situation that
now presents itself do not propose to in
terfere with the efforts of the executive
/ do not want to weaken his
hand in the efforts he is making
Reed, like Walsh of Montana, also rose to the
defense of the catholic church Walsh. including
his rosary beads, is owned by the Anaconda Cop
per Mining cOmpany-a subsidiary of Standard
Oil.
The acceptance of the resolution providing for
arbitration of the Mexican dispute, presented by
Robinson, democrat from Arkansas. bv Kellogg.
and the statements of democrat leaders defending
the catholic church and criticzing the opposition
to the Wall Street Coolidge program. means two
things
l. That Wall Street has decided that the time
is not yet ripe for more open aggression in Mexi-
co and Latin-America. 1t has sounded ont popu
lar sentiment and discovered that progressive in
crease of forcibe measures will get little popular
support and that it risks raising a serious reli-
glous issue which would tend to weaken its con-
troll.
! 4 wall Street has served notice upon the de-
mocrat party leaders that the democrat opposi-
ton has gone too far in its criticism of COOLIDGE
on the Mexican question and ENCOURAGED popular
disapproval
On question of such Importance to imperial
ism as the use of armed force to conpel obedience
TO Its mandates, Wall Street is unwilling to allow
third for office and opportunity to score noints
lor the 1928 campaign to develop into omen and
continued criticism during the course of which
many unpleasant truths might be told
boCh democrat and republican parties are in
struments of Wall Street and this fact has not
Deen shown more clearly for long time than b,
'ie sudden change of front in the senate on the
part OF democrat leaders. It's sham opposition
VurnS into support of Wall Street the moment i
gets Instructions
Inc labor movement the workers and farmer,
OIL America, can easily make serious mistake h,
taking the arbitration proposals accepted bv KeI
iogg as the end of aggression in Mexico and Lat
m-America. They are nothing of the sort an,
are intended only as means of allaying popular
olscontent until Wall Street can better organiz,
its forces.
Inc demand for withdrawal of all armed force
from Latin-America must continue. The thraa
OIL war has not disappeared; it has merely bee,
concealed for the moment