davidaulloa/AmericanStories huggingface dataset:
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07
Gro1us IN West Gltlo1U REPORTS

Continued from Page One)
of Machinists and in the unions of
ether trades.
81 can say that if we had organ
lied in San Francisco a powerful left
wing. the present conditions would
furnish the basis for general strike
Of the city.
''In it's general characteristics the
situation in San Francisco is repeated
in practically every important city
in the west.
eve are justified in saying in the
thesis of the Political Committee that
we are on the eve of big struggles,
and that in these struggles the left
wing and our Party will play an i'm
portant role.
Appreciate the West.
"There are many who would have
appreciated the opportunity to see at
first hand the evidences of the turn
ing point in the class struggle as
they are to be seen in the west. One
Of the big steps forward of this plen-
UNI should be to set our Party on the
way to appreciate the Importance of
the west and its problems. There are
in that section some very large basic
industries. There is a large, unor-
ganized and very severely exploited
working class. There is large radi-
cal element that is sympathetic and
which can be organized into our Par
ty. One of the means of strengthen
ing and building the Party is to es-
tablish an appreciation of this oppor-
tunity.
Save the UniOnsw
"We have before us tremendous
tasks in the fight to save the unions
and to organize the unorganized
When strikes are going on such as
the tremendous struggle in Pennsyl.
vania and Ohio, and such as that ir
Colorado, when there is mass unem.
ployment--then it is up to us to mo.
Billie the Party and thru the Party
to organize the left wing and the
working class.
"These tasks can be accomplished
best by building and Strengthening
the Party.
eve must not only call attention
to the new situation and to the often
sive against the working class, bu
also to the fact shat out of all oul
campaigns we must succeed in build
ing our Party into powerful mas
Communist Party in the United
States. And Of course this can b.
done only if we continue the work o.
the Party in the unification which
was started by the last convention.
"If we proceed we will find tina
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07
NEGROES SUFFER
DISCRIMINATION
N. Y. Campus Cases
Bring Protest

To crystalize opposition to the dis
elimination against Negro students at
New York University, a second con-
ference of labor, student and civic or
CARNATIONS will be held tonight at the
Abyssinian Church, w. 133th st. and
Seventh Ave-, at $50.
The Negro students attending the
university have been prevented from
participating in all phases of college
life due largely to the presence of sew
eral southern students at the univer-
sity. They are Matte M. Nicely,
Reba McLain, William S. Dougherty
and Albert Smith.
A mass meeting to protest against
the discrimination at the university
will be held Thursday, Feb. "a, at St.
Marks M. E. church, 138th St. and
Edgecombe Ave., at 8 P. M.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07

American ruling class possesses over
four and half billion dollars OF gold.
In the United States we find about
z per cent of the worlds population.
Yet the United States controls A per
cent of the worlds coal; 70 per cent
of the worlds oil; 81 per cent of the
worlds steel; 60 per cent Of the
worlds cotton and corn; 80 per cent
of the railway mileage, copper pro-
duction and pig iron production. OBJ
viously we have very strong basis
for a powerful imperialism.
''The very economic order is the
basis of America an imperialist
strength. Notice the growth in mass
production. Within the last years
the output has increased nearly so
per cent per capita. AS an example,
let US take the automobile industry
which represents a very highly con-
centrated industry. In that industry
we had in recent years an increase of
"a per cent in the numbers of work.
ers and simultaneously an increase
of over 204 per cent in the volume OF
production.
GAS a result we witness in the
United States tremendous growth
of capital. From 1880 to 1922 the
amount of capital in the United
States has increased 61s times. The
National Bank assets today are at
their highest point and are estimated
over 80 billion dollars. The total de-
posts are over 40 billion dollars.
But with this accumulation of CAPT.
tai we find coincident phenomena of
huge concentration of capital.
''In this country there are over a
thousand factories each employing
over a thousand workers. The trend
towards consolidation in the bigger
industries is marked. New York S
biggest banks control over 60 per
cent of the entire credit resources of
the country. The trend towards
domination of economy today by fl
nance capital is dramatized by the
recent appointment of j. P. Morgan,
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07
HOLD DAILY" ON
Federal CHARGE
Arrests Follow Grand
Jury Indictment
(Continued from Paae Onel

(Continued from Page One)
moment when the employers of the
country have determined to carry out
to the finish their plan for the de-
struction of the labor movement
when the crisis in the miners union
is at it's most critical stage, when the
employers in other industries are set
ting their forces for a similar drive
on the unions in their trades.
Attack on Militants.
The attack has also been timed for
the exact moment when the labor Of
ficialdom in the American Federation
of Labor is fully cooperating
with such openly reactionary or
CARNATIONS as the American Bar AS
ISOLATION in the preparation of ma
tional anti-strike law. Its signifi-
canoe is to be found at this moment
in the working together of such labor
officials as Matthew Woll with the
large open shoppers of the country
in a proposed countrywide rational
ization" scheme in industry, aimed at
hundreds of thousands of miners and
other workers who are to be cast out
of employment.
The purpose of the attack against
the DAILY WORKER is further
visible in the light of the campaigns
launched by the paper for the relief
of the 100000 of unemployed work
ers in the United States; for the or
ganization of a Labor Party as the
first means Of securing the strength
ening of the workers powers. The
significance of the attack is seen
most definitely in the fact that it
has come at exactly the moment when
the papers campaign for the con-
version by the labor unions of the
policy of class collaboration into a
policy of struggle against the bosses
has begun to have considerable in
fluence.
Blow at Campaign.
The considerable success which has
resulted from the current campaign
for 10000 new readers to the DAILY
WORKER is also seen as one of the
reasons why the blow has fallen al
this particular moment.
Pending trial in the case the date
for which has not yet been set, Dunno
Bittelman and Miller we're released
on $1,000 bail each.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07

in Australia and India in addition to
Canada.
"And when we speak of the
Havana Conference we do not speak
of it merely as a conference of
American Imperialism against Latin
America. We speak of the Havana
Conference also as basic movement
of American imperialism against the
other imperialist powers which are
competing with increasing effective
ness against the United States in the
world market.
1--WE need not mention the conflict
over tariff and over debts. They are
obvious.
''In estimating the present inter-
national situation it is found that
British Imperialism continues as the
reactionary driving force in the
immediate moment, primarily as
the reactionary driving force in an
attempt to form bloc of imperialist
powers against the Soviet Union and
to destroy the revolutionary forces,
the genuine revolutionary forces, in
China. But in recognizing this fact
we must always keep in mind that
American Imperialism is playing an
increasingly dominant role.
"The effect of the trend towards
sterilization, the effect of rationale
cation and partial sterilization among
the European capitalist powers has
not avoided the crisis which the
bourgeoisie had hoped to avoid, but
has only served to sharpen the an
tagonisms, and served only to en-
gender new antagonisms out of the
very sterilization forces among the
imperialist groups.
'These irreconcilable antagonists
are a source of warfare the sources
of war.
'In this sense the antagonism be-
tween Great Britain and the United
States today has taken the place Of
the antagonism - the imperialist
rivalry-between Germany and Great
Britain in the pre-war days.
"The general acuteness of the
struggle and the insolubility of the
contradictions faced by international
capitalism are evidenced in the fol-
lowing events particularly:
"The failure of the league of ma
lions economic conference at Geneva
last summer, the growth of interna-
tional cartels and sharpening econ
omic rivalry resulting therefrom, the
widening chasm between British and
American Imperialism, the sharpen
ing conflict between French and Ital-
ian imperialism over hegemony in the
Mediterranean, over domination in
the Balkans and over colonies, the in
creasing tension in the Pacific among
the three outstanding powers, Amer
lea, Japan and England, particularly
over China.
War Agaipstf Soviet Union.
sBut in examining all these contra
dictions we must emphasize that the
central objective of the imperialist
powers remains as firmly as ever the
smashing of the Soviet Union and the
destruction of all revolutionary forces
in China. This danger holds true
despite all the antagonists.
American imperialist policies are
reflecting themselves very clearly in
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07

the head of American finance, as the
head of the United States Steel Cor
poration.
"a further manifestation of the
growth of American imperialism in
recent years is to be noticed in the
growth of the export of capital. The
figures l cite show that in 1923
America exported slightly less than
half a billion dollars of capital, in
1927 more than a billion and half
dollars. And since the opening of the
world war America has exported ex-
elusive of government loans approx
imately Is billion dollars of capital
A recent decision of the New York
Stock Exchange to list foreign Sc
curities, is of basic Importance, not
only economically but also politically
for the American working class. 1t
shows the increasing domination of
the world resources by American inn
perialism. 1t indicates the tremen-
dous accumulation of capital. 1t lays
the basis for further revision of the
tariff and the development, as re-
suit thereof, of fundamental political
changes.
at is estimated by the British fl
nancial authority, Sir George Paish,
that the total annual income of the
American bourgeoisie on exported
capital and war loans today is nearly
billion dollars.
Because of this development there
naturally follows the basis for re-
grouping of class forces. For ex-
ample, we are developing in the
United States a powerful RENTER
class, a section of the bourgeoisie
divorced entirely from production,
popularity known in an inaccurate way
as the 'coupon-clippers.' An especi-
ally parasitic section of this RENTER
class is the group of owners of wholly
and partially tax-exempt securities
There are in the United States today
such securities totalling 80 billion
dollars. This fact, this development
Of the RENTER class, is of basic inn
portance for the working class in the
fact that it indicates the growing
parasitism and the growing stagna-
ton of the American ruling class.
Basic Forces for Intensification OF
American Imperialist Drive.
Recent years have witnessed an
intensification of the American i'm.
perialist drive for the domination OF
the world market, for markets for its
surplus capital.
"There are five basic forces max
ing for the intensification of this
drive by American imperialism.
Firstly, the over-development of
certain basic industries. The Iron
Age just announced that ten steel
corporations, the first ten steel cor
porations, can produce 80 per cent OF
all the steel needed in this country
In 1925 the department of commerce
estimated that the general excess in
dustrial capacity was 26 per cent
Today it is undoubtedly much bigger
"The second force is the surplus OF
credits. The veritable plethora OF
credits in this country compels a
sharpening of the imperialist efforts
on the part of the ruling class of the
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07

sofar as China and the Soviet Union
are concerned. The role played by
Admiral Bristol, now known as ann
bassador, a diplomat ADMIRAL in
helping to smash the Soviet move
ment in Canton, the continued hos
tility towards the Soviet Union as re-
Gently evidenced in the declaration of
Kellogg banning even all private
loans in this country to the Soviet
Union.
But it is an undeniable fact that
the outstanding manifestations, the
most brutal expression of American
imperialism today is shown in the
fight against the colonial peoples and
the interests of the colonial and semi
colonial peoples of Latin America.
This aggression does not at all times
assume the character of immediate
war. In the case of Nicaragua it is
outright war. In the case of the
fraudulent BOD will ambassador,
Lindbergh, it is a survey of possible
tiles for war. In the case of Havana
it is an attempt to disrupt the forces
of opposition to American imperial
ism, to sow seeds of dissension among
the peoples of Latin America. In the
case of the appointment of Morrow to
Mexico, we have an example which is
time-saver. Instead of having a
! middle man like Coolidge as con-
Meeting link between the Mexican en-
bassy and the New York stock ex-
change, they have direct connection
between this stock exchange and
Mexico, and do business more quickly.
"In the light of this objective in
ternational situation, the central task
of the Party today is to fight the war
danger. For US the problem of the
war danger is not a question of alb
straction. Insofar as an attack on
the Soviet Union goes, insofar as an
attack on the revolutionary forces in
China is concerned, and insofar as the
war in Nicaragua goes, it is an inn
mediate, practical question of great
urgency. In the face of the billion
dollar navy, certainly we are not deal
ing with distractions, but we are
dealing with brutal facts. The cam
paign of the Party to fight the war
danger is campaign of concrete or
ganiZation character in addition to
the sharpened agitation by our ranks.
Growth of and Increasing Domination
By American Imperialism.
"a few words about the growth of
and increased domination by Ameri-
can imperialism. We do not propose
to estimate the conditions of Ameri-
can imperialism statically. What has
been happening? What is the basis
of this increasing aggression of Yam
kee imperialism? There are two out
standing events in the results of the
world war. First, the establishment
of the Soviet Union and second the
shifting of the worlds economic cen
ter of gravity from Europe to Ameri-
ca, in broader sense from the At
lantic to the Pacific. This shifting
has occurred and is continuing at the
expense of primarily, the European
imperialist powers.
Before the imperialist war, on the
eve of the world war, the American
ruling class possessed two billion dol
lars in currency, gold Today, the
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07
Comrades:

OOiuId0GSs
"The significance of the trend of
developments IN the economic condi-
tions of this country and in the world
situation can be symbolized by merely
citing such present events as the
Havana Conference, the war on Mic
aragua by the United States, the
Conference of the A. F. of l., bureau
crazy on injunctions, the proposed
anti-strike law by Matthew Vol in
the name of the Bar Association, the
crisis in the miners union, the crisis
in the American trade union move
ment as a whole, the declaration Of
Admiral Plunkett that we are head
ing straight towards war with Great
Britain, the situation in China, the in
creasingly important role of the So
Wet Union in International affairs
and the fact That we are on the eve
of a presidential election in the
United States.
II have not attempted to catalog
events. / have merely selected at
random number of very significant
events in order to indicate to you
clearly the significance of the mo-
ment historically.
"The Political Committee of the
Party has for some time considered
the present objective conditions in
the country. We have made an at
tempt to analyze thoroughly The econ
omic and political situations, the con-
~ 1,k1 4l,.O
Party's tasks in the light of these OBJ
jective conditions, the fundamental
problems of the party, the situation
in our Party, and the outlook before
the Labor Movement and the Party
as whole.
American Imperialist Aggression and
The War Danger.
1T is necessary at the outset to ex-
anime the trend of American i'm
perialist ACKNOWLEDGMENT and the war
danger. The danger of a new-in-
perialist world war is the significant
feature of the present world situa-
ton. At the same time when we
speak of a world war we do not only
have in mind the danger of world
war arising out of the antagonisms
among the imperialist powers but
we recognize that the danger of an
imperialist attack on the Soviet
Union is in this sense the most sig
nificant feature of the whole inter-
national situation.
"At present the most important an
tagonism among the imperialist
powers is that between Great Britain
and the United States. Witness the
naval limitations fiasco at Geneva.
Notice the attempt of Kellogg to
separate France from Great Britain
by offering unilateral an multi
lateral and all kinds of peace treaties.
Notice the strife between the Stan
dard Oil of New York and the Royal
Dutch Shell. The establishment of
an imperial Marketing Board by
Great Britain in order to promote
economic relations between the in
tegral parts Of the British Empire is
positive step against the United
States which has been making en-
croachments of substantial character
on British market control particularly
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07

United States to find markets for it's
surplus capital.
"This means what? This means
sharpening antagonisms betwe e n
the U. S. and other imperialist pow
ers exporting capital.
Thirdly, We notice in recent years
particularly continued increase on
the part of the imperialist powers of
partially stabilized Europe in their
capacity to compete. Notice the for
nation of huge trusts and cartels.
The other day Julius Klein of the
U. S. Dept. of Commerce, in speaking
of the cartels, in estimating this
danger to American Imperialism, said;
''They are causing deepest con-
Germ throughout this country, par
ticularIy where steel-rails, tin,
enamel, aluminium ware, artificial
silk, copper, electrical bulbs and
wire are manufactured.
''There is another phase of COM
petitive effort that you should have
fully in mind and that is the in
dividual governments in Europe
are preparing with a seriousness
and intensity never manifest before
for a new drive for foreign mark
ets."
"This is plain talk from one of the
outstanding economic experts of the
ruling class.
"The fourth force is the marked
depression in capitalist economy.
Fifth, is the growing limitation of
the domestic market which has con-
tinued to serve as one of the out
standing forces, making for the
prowess of American capitalist econ
omy. One of the basic causes for
the increased attack on Latin-Amer-
lea is the growing limitation of the
domestic market.
The Present Economic Situation.
"The key to the Party policy in the
immediate future and for some time
to come is to be found in the present
economic situation. The general trend
of American capitalism is still up
ward, but there have been certain
basic changes in some fundamental
phases of the system of American
economy since our last plenum. At
that time we noticed the beginning
of a recession. Now we can state
positively that we have not yet
reached the bottom of a basic de-
preston in American industry.
Gust factually, to indicate some
trends; insofar as the workers are
concerned, some basic factors.
"The unemployment situation: New
York State figures for December in
dictate only slightly less unemploy-
ment than in December 1921. In De-
cember, for the country as a whole
unemployment was about 61s % lower
than in the corresponding month of
the previous year. For November
compared with 1928, the decline in
employment was about 1870.
Zone question naturally comes be.
fore us: in what industries does un-
employment occur?
eve note that it has occurred very
heavily in the basic industries. Ir
steel the decline in employment was
1920. In electrical apparatus manu-
featuring somewhat over 90 and in
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07

the railroad shops the decline has
shown that over 10000 workers are
no longer employed-workers who
were employed three years ago.
Unemployment has assumed a
mass character in cities like Cleve-
land, Boston and Chicago. In New
York the official reports indicate that
the lodging houses are doing better
business than they have ever done
before. Even in Los Angeles, the lat
est figures indicate 10000 unemploy-
ed. Chicago boasts of breadlines
longer than at any time since 1913.
The latest of figures of the depart
ment of commerce on unemployment
show an approximate volume OF 81
900 900. When compared with the Of
fetal figures for 1921, it is still some
what less than in 1921. But that
year was admittedly a black year
even in the eyes of the bourgeois
economists.
"Not only has unemployment in
creased, but wage totals have fallen.
For the country as a whole, for last
December, wages have fallen almost
ne in the year. In the steel indus
try, the wage total has declined about
1870; in automobiles 1919, and the
recent facts indicate that the decline
of wage totals in the automobile in
Sdustry will be much greater. In the
metal industry, other than iron and
steel, the decline has been over ITO.
Textiles, coal and other industries
have seen in the recent months in
creasing wage cuts.
"Take the building industry
of the outstanding props of the Amer
lean postwar prosperity. 1927 was
the first year when there was drop
in the volume of building since the
war. The automobile sales in 1927
were the lowest in five years. For
the first time since 1921 the net OPP
Grating income of railways has de-
clined.
always keep in mind the fact that
the workers pay the price for these
declines.
"Coal and oil have been suffering
continuously from basic arrangement.
"The total value of farm products
including animal products, in 1927,
was less than in 1926.
''It is true that chain stores, and
public utilities corporations have done
we'll in 1927. This is due primarily
to high GENERALIZATION, and powerful
development of technic, extreme ra-
tionalization.
at is likewise true that the stock
market has on the whole been quite
buoyant. But here we must keep in
mind the fact that the stock market,
that finance capital is no longer a
barometer of capitalist economy as
a whole, is no longer barometer of
the conditions of productive economy.
This explains why we had in the
same year that the stock market was
SO buoyant, so many commercial fail
ures lover 23,O00) and nearly $4,000
bankruptcy cases."
Comrade Lovestone's report for
the Political Committee will be
continued in tomorrow's issue of
The DAILY WORKER.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07
HAVANA CONFAB
MAY co ON ROCKS
Intervention Issue May
Break Meeting
Continued from Page One)

Continued from Page One)
end in disintegration. Others, how
ever, contend that, in view of pre-
vious experience with similar gather
ings of nations, the United States will
feign a compromise so that an ap-
pearance of satisfaction at least will
be maintained by all the delegates.
The first word in this direction is
seen in appointment of the interna-
tional law commission which will meet
behind closed doors and that, it is
estimated will be an incentive to bet
ter harmony" since Charles E. Hughes
is chairman of the subcommittee.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-02-07

WASHINGTON, Feb. 6. - Canada
has accepted American suggestions
for drastic regulations to curb rum
smuggling along the 5000 mile inter-
national boundary.