The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-04-15
us. RECEIVER HAS
DIFFICULTY With
CHINA FINANCES
Masses Spurn Feng
Phrases; Turn to C.P.
By YING-LI.


merer and his Party of receivers
are attempting to get the machinery
in motion for taking over the fl
nances of the Chinese nationalist
government for Morgan and Stand
ard Oil, the war lords are maneuv-
ering against each other for control
of the government itself, with
Chang Kai-shek's position becoming
more precarious every day.
Kemmerer, ambassador extraor
binary, has administered the fl
nances of twelve different govern
ments for Wall Street, extending
from Latin America to Poland. He
started for China with a Party of
financial advisors and state depart
ment cronies totalling one hundred.
He arrived in China amidst rumors
of loan of one hundred million
dollars, on the basis of the "stabil-
ization" of nationalist currency. AS
an assurance in advance, the Chang
Kai-shek clique established last year
the new Nationalist Bank with it's
central office in the British conces-
sion, temporarily, at least, safe
from the reach of the masses Of
workers and peasants.
Marking Betrayers Bribed.
| The arrangement was a simple
one; the Marking betrayers get
large amounts Of money with which
to insure their hold on the govern
ment in return for which they allow
Wall Street to plumber the natural
resources and enslave further the
Chinese masses.
The one uncertain factor, how
ever, was the unrest of the masses.
This uncertain factor is now max
ing very difficult the planned ar
rangement.
Japan in Retreat.
The combined pressure of the
U. S. and the Chinese Nationalist
is forcing the Japanese to retreat
| in Manchuria. The Japanese have
always supported the weaker gen.
eral in the Chinese civil war there
by preventing any consolidated
! Chinese government and using this
as an excuse to keep their troops in
China. Thus only three months ago
they outfitted Chang Tsung- ching,
who previously was completely de-
feated, and helped him to entrench
himself in the Chefoo area where he
now momentarily rules. Under pres
sure the Japanese must make a GEES
| ture at least at withdrawing their
forces from the occupied areas of
Tsinan-fu and Tsing-tao. This they
are willing to do because they know
that the inevitable conflict between
their running-dog, Chang Tsung-
chang, and those of the American
imperialists, Chang Kai-shek, ETC.,
will soon offer them the excuse of
protecting their citizens rights"
and thus again occupy the areas in
volved. In this way they shall have
made their gesture and yet lose
nothing.
Inner kuomintang Situation.
Then the famous mystery" man
of Japanese politics must be consid-
cred, namely, Feng Yu-hsiang. And
with him must be considered the en-
tire question of the inner Kuomin-
tang struggle.
In order to pacify Feng, Chang
decided to give him the area that
the Japanese are to evacuate. 1t
becomes clear now, however, that
Feng showed up much more strong
ly at the Kuomintang Congress than
Chang thought. Instead of being
pacified with the concessions made
to him he threatens to use these new
footholds for greater struggle
against Chang and the ruling
clique. This has so frightened
Nanking that they did what seems
to the uninitiated an astonishing
thing. They approached Toxic on
April 10, thru DR.. Wang, the for
eign minister, and asked the Jap
anese to stay in this area tempo
rarily."
In. the meantime Great Britain,
not to be showed into the back
ground, is intrenching itself by sup
porting the war lords in the Canton
area, which is especially important
to Hong Kong trade.
Famine Increasing
While this intrigue amongst the
war lords and with the imperialist
powers is going on, the famine is
increasing its extent and the misery
of the general population is grow
ing. The masses are moving to the
Left and the Communists are again
gaining considerable strength. Feng,
who poses as man of the masses"
among the war lords, is now trying
to capitalize the increasing revolu-
tionary fervor of the masses by en-
ploying LEFT" phrases and shout
ing against Marking corruption.
In the meantime the Communists
are growing in popularity and
strength among the masses. This
fact is emphasized by the fear
shown in the butchery of Commu-
nists which has again begun on a
big scale. Reports have it that a
thousand Communists have been
shot within several days in Canton
alone. TIL. movement, now more
intrenched, and schooled through