The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-11-15
By JOHN PEPPER.

n hGhIOAN imperialism 10 IuODil-
"A izing all it's strength. The big
election victory of the republican
reaction serves as basis for new
imperialist offensive of unprece-
dented vigor and brutality against
Latin America and Europe.
Before Hoover's election United
States finance capital made it clear
to the whole world that it is MAX
ing preparations for the permanent
occupation of Nicaragua. The ap-
pointment of American financial
and economic advisors" by the
Marking government showed further
steps of United States imperialism
towards the penetration of the tre-.
mendOus Chinese market. Even be-
fore election day the Coolidge adj
ministration did not leave unutilized
any opportunity to fight for an in
creasing share of the world market,
but Hoover's election means a new
era in the history of American i'm
perialism. Coolidge is a provincial
lawyer compared to Hoover, the sea-
soned agent of imperialism through
out five continents. Mr.. Coolidge
won his spurs in the service of CAPT.
talism as strikebreaker of the Bos-
ton police strike, but Mr.. Hoover is
notorious throughout the whole
world as the ruthless exploiter of
Indian slaves, Chinese coolies, Rus
sian serfs, and American wage
workers. Mr.. Hoover is an ade-
quate president of American imper-
ialism struggling for it's final hege-
mOny over the world market.
The republican reaction is utiliz-
ing it's big victory along the whole
front.
Aggressive step follows aggres-
sive step with unusual swiftness.
Hoover is preparing for his trip
to visit the Latin American coun-
tries. The new car of American
finance capital wants to get ac-
quainted with his Latin American
vassals. Republican advertisement
calls this trip sign of good will
and "peace-making," and to SYM
bolize this purpose of his voyage
Hoover will make the trip on board
the most powerful, most modern
dreadnaught, Maryland, which
boasts of having theSheaviest, most
efficient gun equipment.
The second step was President
Coolidge's Armistice Day speech.
AS the best manifestation of the
Earnest" and sincere" will to pro-
mote "peace" the president of the
most powerful imperialist country
emphasized with an unheard-of
sharpness and aggressiveness-the
need of big navy policy.
The British Daily Telegraph, and
with it the whole capitalist press
of Europe, calls Coolidge's speech
an indictment of a whole continent
A Washington dispatch of the New
York World states that president
Coolidge has delivered an ultimatum
to Europe" The same report in the
same paper reveals:
president Coolidge and Presi-
dent-elect Hovoer are walking
hand-in-hand in establishing the
foreign policy of this government,
which proposes to walk gently but
to carry the big stick"
Coolidge's speech, which he made
in complete agreement with Hoover
is the most significant document OF
American imperialism. 1t is an
outright, brazen-faced declaration
of the claim of United States i'm
perialism to world hegemony.
1t states:
Recent developments have
brought to us not only a new
economic but a new political re-
latiOnship to the rest of the
world"
1t declares frankly for the utmost
preparedness policy of the United
States government:
at is our duty to ourselves and
to the cause of civilization, to the
preservation of domestic tran
guilty, to our orderly and law
full relations to foreign people,
to taaintain an adequate army