The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-11-22
HOOVER DROPS
s. BILLION PLAN
IN CRISIS meet
Open Shop Bosses Plan
Wage Cut
Continued from Page One)

.iSoSly " SeI IHSlI dlu III OppOSl-
ion to strikes, or other actions of
he workers which are certain to
follow as a result of the growing
Unemployment and wage cuttings.
The labor takers called in were
hosen for their long records of be-
'rayal of the toilers, and because
# their past support to imperialist
olans of suppression.
WASHINGTON, Nov. 21.-As
he heads of the country's foremost
otrike-breaking and union-smashing
corporations met Hoover today in
The economic depression conference
At the White House. it became APP
parent that Hoover is burying
MS much-advertised S3,000,000,000
building plan for unemployment,
proposed exactly one year ago to-
day.
1t was announced that the seri-
BUSINESS of the present crisis forced
the President to call together the
.argest gathering of capitalist in
dustrial bosses since the world war.
Among the leading union-smash-
ing agents that Hoover talked with
are: Henry Ford. Julius Rosenwald,
Pierre Du Pont, Myron C. Taylor
and a dozen others.
Later in the day Green and Woll,
Of the American Federation of La
Tor, talked with Hoover to help the
plan to be evolved by the big cor
porations. These labor fakirs are
BEING marshalled for the wage
MASKING drive that will grow out
cf the conference endeavoring to
stem the economic crisis.
The sharp decline in steel pro-
duction will get first attention.
Henry Ford reported on the rapid
closing down of his shops. and the
thousands of Ford wage slaves who
are being thrown on the streets.
The S3,OO0,OOo,OO0 flop which
Hoover is now ditching was pro-
posed at a conference of governors
in New Orleans November 81, 1928.
The plan was to slow down build
ing until just such a crisis as is
occurring. However, overwhelm-
ing reports from all over the coun-
Try that building is over done, as
we'll as the steep drop in building
operations and permits for future
construction work forced Hoover
conveniently to drop his former
program.
Gov. Ralph 0. Brewster, who pre-
sented the Hoover plan to the as
sembled governors, said it would
be an insurance against national
panics.
Hoover now recognizes that his
insurance plan against national
Danics," has flopped and fails to
bring it up in this crisis. The capt.
,alist press maintains discreet ST.
!ence on the subject.
The release of $3,00o,000,000 in
construction contracts" said Gov.
Brewster in speaking for Hoover,
would remedy or ameliorate COM
ing economic crises with unemploy-
ment in the twinkling of an eye"
Hoover has twinkled his eyes sew
erel thousand times since hut I'M
employment grows. In fact, the
deep-going nature of the present
crisis is acknowledged by the con-
ferences of imperialists called in
Washington.
These conferences will continue
for a long time. They exceed in
size the mobilization of American
aapitalist economy for the World
War.
William F. Green, president of
the A. F. of L., who can always be
depended upon to accept any plan
from Hoover to bamboozle the work
ors, last year gave his o. K. to the
"age-cutting campaign and the
speeding up of the workers left on
the job during the present depres-
ion.
The proposal approved by
Hoover is an unqualified endorse
nent of Labor's program" said Will
lam F. Green last year in approx
ng Hocyer's fake program.
Monday Hoover will take up The
question of the far-flung farm de-
PRESTON. He will also consider the
public utilities situation and the
question of further justification