The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-07-26

and Foreign
Policy ofU.S.
By ROBERT w. DUNN.
(Continued.)

American financial interests tdz
these foreign governments of the
weaker sort we find your state de-
partment of the president of thes
United States playing rather i'm
portant role. For insuring the pay
ment of loans and to facilitate their
collection we find, for example, in.
the Dominican Republic an Ameri-.
can general receiver named by theo
president of the United States. In
Nicaragua we find an American COL.
lector, acting on order of a high,
commission of three, one appointed,
by the American bankers and an
other by the United States depart,
ment of state. There is, also, to be,
sure, in more recent days, Brigadierl
General Mccoy and his staff con-
Quoting their "free and fair cleo,
tons" In Haiti the control is still
more complete. An American re-.
'os~er general and an American,
/ financial advisor are nominated by
the president Of the United States
and appointed by marionette ma
tive president. They have control 4
of the entire revenue system of the !
country. An American High Com /
missioner and the marines complete /
the Haitian picture of American
domination. In Salvador the loans .
of the American bankers are served .
by an American official who collects
the customs. He is chosen by an
American corporation with the ap-
prevail Of the American state de-
partment. Even in Bolivia,
stronger country, the service of
loans Of the American bankers in
wolves permanent fiscal commits
sion consisting of three members, /
two of them appointed by the presi-
dent of Bolivia upon recommended
ton of the bankers. One of these
two is chairman of the commission
which virtually holds the key to the {
economic life of the country. In
Peru, Ecuador and other countries
American financial advisors and
agents have played their part in
directing financial policies in con-
formity with the desires of the
American investing class.
Armed Forces Protect Investments
Not only has your department of
state acted as business solicitor and
loan guarantor for American capt.
talists. The navy and the marines
have upon occasions been used to
protect American property interests
especially in the weaker countries
where effective resistance is quite
impossible. Indeed, the United
States navy, in one of its reports
entitled "The United States Navy
as an Industrial Asset boasts of
its services rendered in this con-
nection. This aggressive use of
the military and naval forces has
been illustrated in Haiti, Santo
Domingo, Mexico and Nicaragua.
And it goes without saying thats
both republican and democ. C adj
ministrations have resorted to this
practice. However, forgetful poll
ticians, like President Harding, have
attacked the other party for acts
identical with the ones they them
selves have committed while in Of
flee. Mr.. Bryan and other profess
sing pacifists were particularly ac-
tive in their use of the armed forces
Of the United States in certain Latin
American countries during the Will
son administration.
What are the effects of these in
vestments and the ACCOMMODATING
foreign policy upon the underlying
population of the countries where
the investments are made? This
ought to be of some concern to those
who formulate American foreign
policy. The effects, of course, vary
with the size, strength and charac-
ter of the country involved. De-
tenders of imperialism have made
much of the benefits derived through
the application of foreign capital
good roads, sanitation and other evil
dences of civilization. Some of
these benefits are undeniable. Over
against them, however, is the crush
ing effect upon the economic and
political liberty of these peoples, !
and in many cases also their ma
terial status and welfare.