The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-07-18

fists 100 per cent behind their "open
door" policy since those naive fell
lows could not possibly perceive the
fact that it is not to defend present
investments that American imperial
ism is in China, but to blast open
the road for unlimited investments
with the objective of driving out
every other power and securing for
itself the exclusive right to exploit
that vast territory. Like most con-
gressional Investigations nothing
could possibly come of it beyond ex-
posing the vicious role of the gov
eminent and that could not be used
effectively upon the basis of the bal
ance of Mr.. Thomas pacifist pro-
gram, the second point Of which is
utterly absurd, granting of course,
the perpetuation of the capitalist
system.
EQUITABLE international control
l. and ALLEGATION of raw materials
(the second point presupposes a
condition where there are no longer
antagonisms between the great pow
ers, where each would be content to
share with the others a proper por-
ton of raw materials. Obviously
that implies one of two things =
either a experimentation or the
abolition of capitalism. The former
is inconceivable to all, who are capable
of estimating the resources of the
conflicting imperialist powers and
their utter inability because of ir-
reconcilable conflicts between them
to unite upon common program,
and the latter can be achieved only
through the forcible overthrow of
capitalism, thing that all pacifists
shrink from contemplating.
q
THE third demand, which proposes
international banking laws and
uniform currency, is being worked
out now under the pressure o. he
tremendous banking power of the
United States, but the debtor nations
are not enthusiastic about the Wa"
Street bankers determining the de-
tails of the currency by which their
indebtedness is registered for the
convenience of those identical Wall
Street bankers. This very tendency
is generating the fiercest resistance
on the part of European nations and
as long ago as the Locarno confer
ence there was evidence of a strong
tendency to create bloc to resist
the economic power of Wall Street
AS to the progressive lowering of
"A tariff barriers, which constituted
the fourth demand of Mr.. Thomas,
those barriers will be lowered to the
degree that Wall Street investors de-
sire to import the products of their
own foreign industries into the
United States and to that degree
alone. Since there is already low
ering of the tariff on many COM
modities this part of Mr. Thomas
program is also being partially rea-
lized, but with results not anticipat-
ed by the pacifists.
AS to the point five demanding
that this country refuses to collect
private debts by war or intervention,
does not Mr.. Thomas know that the
astute legal minds who devise wars
always contrive to find some holy
cause aside from investments as an
excuse to go to war?
Furthermore such wars are not
caused by a desire to collect private
debts, but to dominate the govern
ment and make it subservient to Wall
Street or seize territory under the
pretext of bringing to backward
peoples" the blessings of civiliza-
ton.
The sixth point is meaningless ex-
cept inasmuch as it reveals the at
titude of Mr.. Thomas and his fellow
socialists and pacifists toward the
exploited peoples of the colonial and
se-ni-colonial countries. He refers
to them as backward" with that air
of superiority characteristic of the
jingo invader who considers it his
destiny to save them from them
selves.
MIR. Thomas chief error arises from
IVA fundamental theoretical defect,
-