davidaulloa/AmericanStories huggingface dataset:
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07
American Export of Capital.

These figures are exclusive of re-
funding loans ard are the net
amount of additional new capital ex-
ported within these years.
For the last six months Of 1928
America has exported $1,053, i64 900.
This compared with S794,277,O0 in
the first half of 1927. 1t is fact
that American capitalism is invest
ing in foreign securities and in do
nestle securities for export and at
home, a thousand dollar per bust
ness second.
Now Comrade B;ttelman's main
argument to prove his fallacious
theory of the decline of American
Imperialism is that the percentage
of national income received by the
workers is decreasing. Comrade
Bittelman cites this in order to show
the increasing misery of the Ameri-
can workers. He forgets that
though it is absolutely true that the
rate of exploitation of the American
workers is increasing, this fact in
itself does not mean that their con-
dition is getting worse. A smaller
share of a bigger national income
is bigger than a larger share of a
smaller national income. To prove
our point we herewith indicate the
constant rate of increase in the
growth of the national income Of
the United States:
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07

all, the war and immediate post
war years are an unusual period.
Secondly we must examine the val
ues in pre-war dollars and not stop
at mere superficial dollar value. In
order to have correctness in this
respect, we should not take the years
of 1919-21 for they are not the
proper base to take. The United
States is not living in a vacuum.
We must look at it in relation to
other imperialist powers. The ques-
ton is: is the United States still
beating in the world market all
other imperialist powers? We say,
yes. 1t is this that indicates the
present strength and prowess of
American imperialism. On this
basis American exports are still ex-
panding despite Bittelman's figures.
But why does Comrade Bittelman
leave out the question of the trend
in the export of capital which is
the very key to the present interna-
tional situation? These facts show
that American imperialism is still
on the upgrade. We herewith pro-
duce the following table:
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07

The drive to sell 100000 copies Of
the Platform of the Class Struggle
is now we'll under way. The Jewish
fraction of the Workers (Commun-
ist) Party has published an edition
of $4,000 copies and Finnish edi-
ton has already ordered 1000
copies.
TO offset the influx of G. 0. P.
.Aalwarts into the ranks of the demo-
cratic party two big Tammany sewer
pipe grafters had their brains blown
out. At least they were found shot
through the head. 1t would even
things up considerably if the oily
republican grafters went and did
likewise.
BENJAMIN Gitlow has started on a
nationwide tour in behalf OF the
Communist election campaign. Git
low, the Communist vice-presidential
nominee started on Sept. l with q
meeting in the anthracite region,
Foster opens his tour on Sept. 9 in
Detroit.
With seventeen states already or
the ballot the comrades are enthusi
-stic over the prospect Of getting the
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07
The Textile Workers Meet the
Murderer of SaccO and
VanZetti

Alvan T. Fuller, capitalist governor OF Mas
sachusetts, is one of the principal murderers
of Sacco and Vanzetti Many thousands Of
workers in all countries of the world know
him as such.
But not all of the working class has under
stood that the capitalist governor Of Massa-
chusetts is the consistent murderer of Sacco
and Vanzetti-that is, they have not under
stood that Fuller as the representative of
the capitalist state would always use every
weapon of force, violence and trickery against
the working class under all circumstances
Many workers, especially in America where
the majority of the working class is still
within the capitalist political parties, do not
yet understand that the capitalist govern
ment of the United States and that of the
states including Massachusetts are class or
CARNATIONS existing for the purpose of sup
pressing the workers. To put it in dramatic
FORM Massachusetts, workers in tens and hun
dreds of thousands knew Gov. Fuller was the
murderer of Sacco and Vanzetti, but they did
not yet know that he is also the murderer of
Johnny Madeiros, the strikers boy that was
killed by a trooper in Fall River. They did
not see that behind every private thug of the
mill owners and behind every polceman's club
is the capitalist class political power.
That is because the working class generally
does not yet know the connection between the
capitalist state and the capitalist class includ-
ing the textile mill owners. They have not
yet understood that the government of
capitalist country is only the executive COM
mittee for managing the common affairs of
the capitalists. And to manage the affairs
of the capitalist class in Massachusetts means
al 70 +bo
the military, the courts and all other public
powers to break strikes of the textile
workers.
The workers have been slow to understand
the nature of the capitalist state.
But the visit of delegation of New Bed
ford and Fall River strikers to Fullers office
and the courageous conduct of the delega-
tons spokesman, Jim Reid, did something
toward showing the workers that Governor
Fuller or any other capitalist official of the
capitalist State of Massachusetts represents.
not "the people," but the capitalist class and
the mill owners. When Fuller learned By the
strike demands they made that the delega-
ton was composed of real representatives of
the striking textile workers, he flew into
rage and threatened to have his flunkies
throw the leader of the delegation out of his
office.
Did Governor Fuller consent to with
draw the armed forces controlled by him
from their strikebreaking jobs at Fall River
and New Bedford?
Absolutely no. He could not He repre-
sents the mill owners as much as does any
private guard or any superintendent of the
mills.
Fuller's business is breaking strikes for
his masters, the capitalist class including
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07
Number of Men

Up to 1919 employment and pro-
ductivity had increased simultane-
ously Now the trend indicates con-
tinued increase in productivity but,
particularly in the last three years,
& marked decrease in the number
men employed in the manuactur-
ing industries. The average work
of men employed in the manufactur-
ing industries increased about As
per cent in 1927 above 1914.
The second point. Comrade Bit
telman says that there is decline
in the rate of increase of exports.
1t is silly to compare the present
years with the war years, as Com
rade Bittelman has done. First of
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07

We have elaborated and en-
phasized the contradictions develop
ing in American imperialism and
the opportunities for work for our
Party growing out of the conditions
arising from these very contradic-
tons. Are there already. visible ele-
ments of decay? Yes. And we
have pointed out very emphatically
such elements of decay IN American
imperialism as the development of a
RENTER class, the narrowing domes-
tic market hitherto largely the very
base of American prosperity.
But we must not overlook it's GER
tain strength and special reserve
powers.
However, when we look at this
reserve power we do not become
pessimistic. We say that in this
very aggression of American i'm
perialism we find the basis for the
increased authorization as we'll as
the certainty of America being in
volved in the coming imperialist
war. In appraising the role of
American imperialism we must not
over-estimate the strength Of Amer
lean capitalism. There are forces
gnawing at its very vitals despite
the outward substantial signs of
prosperity. Above all, we must
keep in mind the fact that interna-
tional capitalism is now in it's last
stage-the decadent stage Of imper-
ialism.
Comrades, our opposition sees
only either the contradictions or
strength. They cannot see, at the
same time, that the very strength
of American Imperialism brings
about contradictions and hence in
creasing opportunities for our
Party's working.
Now l want to examine some of
the criticisms made of Comrade
Bukharin's theseE by our opposition.
The vitality of American jmper-
ialism is not to be measured by mere
figures of the value of commodities
produced in certain years, but by
the whole system of naturalization,
particularly by the productivity
status Of the individual productive
unit, that is, by the productivity per
man per hour.
The number of persons engaged in
industry for the product of one hun
bred men in 1914 is as follows:
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07
Congratulates Moore on Expose of Randolph

member of the Communist Party
and international Labor Defense,
and moreover, being member of the
Negro race, I am watching every
advance movement.
"Please send me full information
regarding the American Negro La
Dor Congress. How may | become
member? And how may branch
be established in Seattle ??
"Also permit me to bid you sue
cess in your race for Congress.
Earnestly yours, my dear COM
rade, JOHN w. CARR"
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07

From Seattle, Wash, has come n
letter congratulating Richard B..
Moore, national organizer of the
American Negro Labor Congress and
Communist candidate for Congress
for his expose of the misleaders of
the Pullman Porters Union. The
letter, written by John w. Carr,
follows:
Dear Comrade Moore:
81 have read with genuine CRATE
fitness your Open Letter to Mr..
Philip Randolph on page IL of the
Negro Champion of Aug. s, I am
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07
Defends Bukharin's Thesis at Sixth Communist
World Congress

course most of the responsibility
rests on the majority of the c. E.
C.-have underestimate the rapi-
dity of the development of the class
struggle in America, underestimated
the tempo both of the decline of
American national economy and the
will and the desire of the masses to
struggle"
A few words about the present
economic situation in the United
States. Yes, there is an acute de-
preston in the United States to-
day. Basic features of this depres-
sion are shown in mass unemploy-
ment, arising first of all from. the
depression itself and secondly from
the tremendous naturalization pro-
cess which is producing an army of
virtually permanently "disemployed"
workers. Secondly:-the mass pro-
duction which has been the very
boast and pride of the development
of American imperialism is bringing
on sharp contradictions in its
course. Thirdly: the credit situa-
tion-with America as the leading
world ereditor-is in crisis, be-
cause of the terrific plethora of cap
;tal. There are also crises in diff
ferent industries. But these crises
are not elements of decay, elements
of decline, but on the other hand
are symptoms of growth of ration
alization in these industries. For
examples, l mention coal, oil, tex
tiles.
Are there contradictions in Amer
! lean imperialism l refer you to
the fact that at the February Plenum
of our Central Committee the thesis
presented to the Central Commit
tee and voted for by the opposition
pointed out very sharply number
of contradictions in American i'm
perialism. Merely to enumerate
these are: /. The large excess pro-
ductive capacities as indicated in the
acknowledgement" of certain in
dustries. 2. The deepening funda-
mentally critical condition of agri-
culture. 8. The superabundance of
credit. a. Intensive installment buy
ing which really should be called
| over buying or overseeing. To a
large extent American prosperity is
based on installment buying. This
mortgage on the future purchasing
power Of the workers and fafAers
which may for time defer an econ
omic depression, will become an ag-
gravating force of an economic
crisis, once it sets in. 5. Derange-
ment of certain basic industries.
This is due for the time to insuffi-
Gent naturalization and being APP
pendage industries, like coal to steel
and rails, and like coal and oil be-
ing more subject to distributing con-
1'tions of the world market than
ether industries. 6. The rapid de-
velopment of great international
cartels in Europe indicates grow
ing capacity of other imperialist
powers not only to challenge but
also to undermine the supremacy of
American imperialism I. American
imperialism is dependent on other
;mperialist powers for certain basic
raw materials, as rubber, nitrates,
oil, tin, nickel, etc. s. The increas-
ing export of capital creates for
American imperialism a problem in
the final repayment of commodities.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07

the rich mill owners. His business is kill
ing Saccos and Vanzettis and-and Johnny
Madeiros Of course Fuller and all of the
capitalist politicians Including the Social
ists'O would deny this. They pretend that
they are representatives of 'all the people"
In this way they deceive millions Of our
class into trusting our enemies.
The delegation of forty textile workers
that visited Fuller was apparently composed
of workers experienced enough to know that
Fuller is an enemy of our class and could
do nothing for us. But by visiting Fuller and
compelling him to say that he would not
withdraw the armed thugs of the state from
the strike situation, the delegation compelled
Fuller to expose himself to many more thou
sands of workers who had not yet under
stood that they can place no reliance in the
capitalist government.
These workers will continue to learn more
clearly by every experience of the strike
that the enemy that faces them is the CAPT.
talist class and its state organization. They
will learn that every class struggle is polit-
ical struggle.
The textile workers of Massachusetts, must
learn to connect their struggles on the pic
ket line with the political struggle in order
to make themselves and our whole class
powerful enough to defeat our enemies. They
must vote in this election, not for the polit-
ical parties of the mill owners class, but for
their own class party-the Workers Com
munist) Party. They must leave the polit-
ical parties of the mill owners class and
join their own Workers Party.
And strengthen the picket lines! Don't
put your faith in agents of the capitalist
class!
Why did Fuller, while practically throw
ing out of his office delegation representa-
tative of the striking workers, show such
a friendly attitude toward Mr.. Batty, Mr..
Binns and other labor" takers? Because
Batty and Binns and their kind are profess
sional tricksters engaged in strikebreaking
for the bosses and in trying to prevent the
organization of a powerful Textile Union
that will fight for the workers. The mill
bosses (and their little governor) hate the
Textile Mill Committees because the Tex
tile Mill Committees, formed by the workers
themselves, are fighting bravely and effect
lively to keep the bosses from cutting wages.
Batty, Binns and company are trying to pre-
vent CHe lOIHldIloH VI CHe new Union, ana
therefore are on friendly terms with the
bosses and Fuller.
The oppressed and exploited textile work
ers of the entire country should hasten their
preparations for the great Textile Conven-
ton on September % All textile workers
must see to it that their delegates are elected
and that this great conference results in
building powerful national union that will
fight effectively.
And the working class everywhere must
give generously to the support of the textile
workers through the Workers International
Relief. The textile workers are fighting not
for. themselves alone, but for the entire work
ing class, and we must help them
NJ n n D NJ II II
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1928-09-07

you who read
the Daily Work
er, from front
to rear, includ-
ing the adver-
tisements, have
noticed that we
have > started a
Id S Grip ito n
drive. This drive
will last for the
duration OF the
election C a m :
p a g n. The
Workers (Com-
,nsz4N D.A
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
MOST SHARES RISE
ON STOCK MARKET.
Motors and SteeIs Excep-
tions-UtiIities Leaders.
Rails Tend Upward.

Special Dispatch to The star
NEW YORK, January l3.-Trading
on the stock Exchange today was a
little more active and the tone a
little more confident Price changes
we're small but most of them upward
except possibly in the motors and the
steele, where a sagging tendency was
still in evidence,
There was no visible concern over
the loan situation. a decrease had
been expected in the total Of the
Federal Reserve compilation which
actually showed gain. The increa sc,
however was so small as 10 be
negligible. and meanwhile the call
money rate renewed at 4 per cent. the
low of the movement The Federal
Reserve statement also was reassur.
ing in that the reserve ratio was up
20 TOT per cert, against 67.2 per cent
week ago There is always the
possibility Of an increase n he re.
discount rate, but az least such action
* not imminent
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
COTTON IN BREAK
ON CENSUS REPORT
Sharper Falling Off in Do
mestic Use Than Ex-
pected Factor.

NEW YORK. January f3.-The cot
ton market opened barely steady to-
dav at a decline Of 6 70 II points. and
soon showed net losses Of % 10 33
points on active months under iiqui-
dation and local selling inspired BY
sharper falling off in domestic con
sumption for December than antici-
pated.
Selling was active. but the decline
70 1885 for March and 1895 for MAY
brought in .radA buying which Alb
sorbed offerings and led 20 rallies Of
10 or II points from the lowest before
The end If the first nour.
The report of the census bureau
showed consumption in this country
Of J43.598 bales for December. exclu-
s.ve OF linters. compared with s1j $50
FOR November and Coz $50 for Decem
her last year.
The market was loss active later.
Rulges of 10 or II points from the
early decline met some further liqui-
dation, which caused rather irregular
fluctuations. but there was enough
huying on the setbacks 20 give the
market a fairly steady undertone
Prices ar midday we're holding around
13,97 for March and 1907 for MAY. or
about 2o ~ e points net lower on the
active positions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
WHEAT VALUES GAIN
ON LIVERPOOL NEWS
Evidence OF Good North American
Export Trade Also Factor
in Today's Rise.

Sv ~. As.oci a,ad Press
CHICAGO. January 13-Helped by
Upt'lrnE in Liverpool quotations and
by evidence Of good export business
from North America, the Ch,ca 90
WHEAT market scored an early al.
vance today, The advance was in
the fare of n increased estimate OF
The Argentine exportable wheat sur
Mus. Opening az L 10 n cent gain,
Chicago wheat continued 10 mount
Corn, oats and provisions also develop
ed strength. corn starting Il 20 -
cent higher and tren rsac:inE 4 little.
hun afterward rising higher than be-
fore
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
SEEKS BOND ISSUE.

Authority 20 issue SI7.i0n .A0a in 4
per cent bonds was sought from the
Interstate Commerce Commission TO-
lay by The Nashville. Chatta nooga and
-. Louis railroad. The securities
would he sold 70 J. P. Morgan & Co.
az the hest price cb,aiHabIs. and the
proceeds used 20 pay 81 an outstand-
ing issue OF SIs,1oo oa9 in 5 PER cent
bonds.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
SAVINGS DEPOSITS GROW.

BALTIMORE. January IS tSre-
c'ala-Saving hank deposits az tas
close - 1872, broke all records for
Baltimore. jumping sl-0ss. $50 70 =
total OF sl-Ss6o.s-4 The incrsa s.
scored during the year was excep-
aonaily large. I; was more than
double the gain ot The previous wear.
when such deposits !Ucrsas sd $3.50.
ST ever 1875.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
S. A. L. LOADINGS DOWN.

BALTIMORE. January 8 iSpeciaN.
Tar loadlrEs on the SeAhoard Air
Line Railway in December are re-
ported as l-;.1.s cars. as compared
with @e5,lsS cars during the same
month N 1925. This IS 4 decrease ot
i4s per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
STOCK BOOST o. KID

NEW YORK. January - To-
Stockholders os Barnet Leather -,
have approved an increase III common
Stock from 4aeoo 10 81, @n9 shares
res par.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
Finance Company Fleets

A. the annual meeting TO-DAY ~ the
Pedefri 4 merriam 90, the following
directors were eisctsG
tyFDn = Adaus Lester A Barr
Albert T. i.etry. Thomas Bones
charIes -. isoyef. W. f. Rfenizef
Walter a Brown. Joshua W, Carr
Aubrfy l.. Clarke, Niger Cohen. WI
liam EnDwles to1per John DDiph
William tpbn E}uon. w. Il. Gatiiher
". T.. GsilIhef, tsshc Gans Fred s.
Gichnef. W. r Ham. Grange W. iiair
ris. Hl'ijsm 4. 1914. Harry Eing
I}a!pu - I.ee. Ehstles Is. Lyddans
IN i.ouis Ma"ksll. arthur -. Marks
form Iopie. Dr James Efo#n Scott
Werner sfJtief. Leon 1obrinsf. WI
tnet ! Waller George r. Walker and
l.. Perf9 West
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
National Capitals Officers.

The board ~ directors of the Ma
tionaj Capital Bank elected these
officers ~ their regular monthly meet.
ing Yesterday: Henry ~ Mckee
president. Samuel II Walker, vice
president. ". =. e. Hazen, vice presi.
dent Harry Z. stewart. cashier; J. r.
Ridaey. assistant cashier, Lewis
Fie'neT. secretary ~ the board. and
Walter H. MARROW. attornev
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
Public Utilities Are Leaders.

The burden of carrying on the nd
vance was assumed by the public util.
tiles. The three local representatives
Of this class were all in urgent de-
mand. Brooklyn Edison extended It's
rise and. approaching 220, was 10
nearly 10 points this week. Brooklyn
Union Gas moved into new high
ground on the movement, and Con.
soldated Gas made a further gain
This strength was communicated 20
the lower priced members NJ the
group. North American was actively
bought; so wss Electric Power &
Light.
The attitude NJ tho public utility
leaders toward the proposed congress
slonal investigation was commended.
The industry believes il has nothing
~ fear from an impartial scrutiny OF
its operations
Copper and mining shares accounted
for a large part OF the transactions.
Early dealings were at substantial ad.
vanCes in the case Of such stocks as
Greene Cananea. Calumet an6 Arr.
IONA. kennecott and Anaconda. In
tcrnational NiCkle was outstandinglv
strong. Part Of these gains we're lost
later in the day
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
Stone & Fairfax Officers Chosen.
Roberts Elected Assistant Cashier.

In connection with the orga nizatior
o. the Riggs National Bank directors
yesterday afternoon, I. J. Roberts.
secretary TO the presiden, and presi
dent of Washington Chapter. \. l. B..
was elected assistant cashier. The
other officers were reelected as fol.
lows:
Charles f.. Glover chairman OF the
board: Robert V. Fleming. president:
William J. Father. Charles e. Glover
jr., and Avon NJ. Nevlus. vice presi.
dents; George O. Fass. vice pre- siGen NJ
and cashier Hilieary 9. Hn>l;in~on.
vice president Earl NJ. Annie. r. -.
Purrough. Nelson g. OScal. r.
G~rnn, Dent and George u. Rainey.
assistant cashiers: Raymond q. Marx,
auditor. and r. Earl Hayc0ck. assist.
ant auditor. Trust department,
Frank J. Hogan, general counsel and
trust officer; George NJ Mckee and
Kenneth r. Brooks. assistant trust
officer.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-13
Columbia Officers Unchanged.

Directors Of the Columbia National
Bank az their organ izat!on meeting
tate yesterday reelected the same
officers az follows:
Frank J. STRIKER. president; J..
Whiting Estes. vice president Arthur
y. Mitchell. cashier; Robert II. Lacey.
assistant cashier; Albert f. Yeatman
assistant cashier and Walter g.
(.HR afinrnEA