The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-12-25
By SAM DON.

ENIN in his Imperialism points out, "The
more capitalism develops, the more the
need for raw materials arises, the more bitter
competition becomes and the more feverishly
the hunt for raw materials proceeds through
out the world, the more desperate becomes the
struggle for the acquisition of colonies" The
colonies the sources of raw material ex-
plotted for the industrial production in the
leading capitalist countries. The price of raw
mater ials is an important factor in establish
ing the price of the industrial commodities
As the competition between the imperialist
powers for the world market sharpens the
struggle, therefore, for the colonies not only
dumping place for the export of capital
and commodities, but also as source for the
exploitation of the materials intensifies.
In his Imperialism, Lenin states, Colonial
possession alone gives complete guaranty of
success to the monopolies against all the risks
of the struggle against all competitors, includ-
ing the possibility of the latter defending
themselves by means of law establishing a
state monopoly"
Anglo-American Rivalry
The pre-war and immediate postwar rapid
tempo in the development of American CAPT
talist economy was to an extent due to the
rich native natural resources. However, the
very fact that the u S. is today the leading
capitalist country in the world, it is therefore,
at present, very dependent on the worlds sup
ply of material. And in the face of this
. it lacks colonies-the principal source of
materials, and its main rival, Great Britain,
is in possession of the colonies which produce
raw materials, that essential for the
leading industries in the country. And this
is precisely one of the factors which inten-
sifies the antagonsms and war danger be-
IL II 49,.
World Congress in its thesis therefore clearly
pointed out that, "The antagonists between
the dollar republic, with her rapid rate of de-
velopment and relatively small colonial pos
sessions, and the declining British colonial
empire, with its gigantic colonial monopoly,
represents the pivot of international antagon-
isms in the present period, and it is precisely
here that the complications of future strug-
giles for redistribution of the colonial land
not only of the colonia) world are maturing"
With the increasing competitive power of
European capitalism, America has to meet
greater difficulties in it's desperate struggle
for the penetration and conquest of the world
market. Naturalization is the main method
in reducing the cost of production to meet
competition. At the same time American i'm
perasm must also fight to cheaper the price
of a number of important raw materials which
are IHOHOpolISu ny lIo INdlS. IlOW oIldIply
American imperialism faces this problem can
be seen from the fact that it consumes 40 per
cent of the worlds raw materials. And that
includes some very strategic raw materials
for the basic industries in the country, as rub
Der for the auto industry which comes from
the East Inlies (mainly controlled by Brittany
and manganese for steel, which comes from
Brazil.
Latin America is one of the few sections in
the world whose natural resources not
yet fully exploited and destroyed by imper-
ialsm. Many of the natural resources in
Latin America manganese OIL etc. are still
controlled by Britain This is sharp con-
tributng factor to the growing fierce rival
ries between America and Great Britain in
Latin America, and the growing exploitation
of the toing masses by American Imperialism.
Hoover the best salesman and representative
of American Imperialism, while he was secre-
tary of commerce, declared war on European
capitalism, because of it's monopoly over i'm
.portant raw materials, and it was mainly d-