The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1930-01-30
WORK OR WAGES
DEMAND J0bLESS
100000 IN u. S.
Mobilize for Mass Pro
test Feb. 26
n Continued from Page ORe)


idea that if he repeats the lie it be-
comes the truth" to thousands and
millions who may think that the
crisis is Gust temporary" Yester-
day Hoover again issued his faxed
reports, saying that "there has been
improvement in the employment |
situation" In spite of this the i'm
perialist chief prosperity" propa-
gandist was forced to admit that in
the week preceding January 10, re-
ports from the Department of Labor
showed "there was a great many in
dustries which were still showing a
minus sign"
Try to Fool the Workers.
By such phrases are the bosses
trying to hide the huge army of mil
lions of unemployed, and to attempt
to forestall the growing mass bat
ties for immediate unemployment
relief or work, which will eliminate
in a mass international demonstra-
ton on February 26.
Polntlng out that in spite of
Hoover's frantic attempts to organ
ize the capitalists to increase pro-
duction and soft-peddle unemploy-
ment, the Commercial and Financial
Chronicle, organ OF the leading i'm
perialists, in its latest issue (Janu-
airy 25) says that Hoover prosperity
campaign is not stopping the rap
idly growing crisis.
They say:
THE drop to 1880 (autos) in
December consequently reflects an
inordinate shrinkage and indi-
Gates very extensive shutdowns,
as are known to have actu-
ally occurred. 1t may seem strange
that such decided curtailment
should have occurred, in face of
President Hoover's request to all
the leaders of industry, that pro-
duction, in fear of the ill effects
to follow from the stock market
panic, should be maintained as
nearly full volume as possible.
The fact is, however, that such a
course was simply out of the ques-
ton"
No End in Sight!
Hoover's phrases cannot hide the
fact that his words were not able
to stop the admitted deep crisis, nor
can his lies cover the present con-
tinued growth of the mass unem-
ployed army. The Financial Chro-
nicle goes on to point out that the
) present crisis of American capital
ism is deep-rooted, and say:
Evidently there had been over
production. 1t hence would have
been the height of folly to add
further to the surplus stock of
cars, and the case serves to Illus
trate how difficult it is to COM
ply with a blanket request that
industrial activity be maintained
on the cid scale. -.
Undue Importance, therefore,
should not be attached to statements
of big increase in activity as COM
pared with months preceding. a. :"
Work or Wages.
Several days after Hoover first
announced that business was be-
coming BETTER" the Guaranty Trust
Co. of New York, in its review of
economic conditions (Jan. 81, 1930)
said, there is as yet no conclusive
evidence of an upturn in business
activity" They mingle this with
lot of bunk about possibilities" in
the future, and then go on to show
how drastic the present crisis of
U. S. capitalism really is, with its
mass unemployment. They say:
Industrial activity declined
much more sharply { N general
business in December). As meas
ured by the consumption of cleo
tricity in manufacturing plants,
the level of operations in Deem
Der, according to the Electrical
World. was Sc per cent lower
than year earlier. The Annalist
index, which reflects changes in
railway traffic as well as indus
trial output, declined from 94.2 to
90.1, the latter figure comparing
with 99.1 in December, 1928. Az
erage daily production of steel in
gots amounted to only 1851
tons, as against 1916 tons in
November and 6O,728 tons year
ago. Automobile output totaled
1880 units, as compared with
217,570 a month earlier, and 1884,
ZIG in the preceding December.
Domestic cotton consumption was
the smallest since July, 1926,
amounting to only 453,S92 bales,
exclusive of linters, as compared
with 544,150 bales in November,
and 533,3O1 bales a year earlier.
Employment in manufacturing in
dustries, according to the monthly
report of the Department of La
Dor, was 81 per cent smaller than
in November, the general index
being 9l.9 as against 94.S month
earlier and 95.5 in December,
1928"
| Confronting cold, wintry- cold
facts the words of Hoover can blow
down the wind while millions of
Jobless, part-time workers and those
who, having jobs, are driven insane
by speed-up and wage cuts, are