The daily worker., 1931-10-30
VICTORY OF NATIONAL BLOC
INCREASES MENACE OF WAR


with new leaders who have vision
and courage. But it must be based
on citizens and not on a class out
look. This defeat Of the Labor
party will be for its ultimate good
if the lessons are learned"
Snowden tells the Labor Party
leaders that the Labor Party will be
of the greatest importance to the
capitalists in the coming giant strug-
gle that the workers will enter upon
against the capitalist class and its
National government.
The capitalist class of the United
States, France and Germany al
ready state openly that the election
results mean the intensifieation of
the world imperialist struggle for
markets. The French capitalist class
realizes that the imposition of high
tariffs, that the National government
is preparing to- put into effect, will
mean a sharp cut in the exports of
France to England, its most impor-
tant export market. England is also
the greatest export market for Ger
man finished products and the New
York Times correspondent from Ber-
lin reports that the German cap
italist class sees in the British elec-
ton election a sharp worsening of its
economic position.
Official quarters appear toview
the Conservative victory in the
British elections as implying a
threat to the German export trade
| to England, which has been Ger
many's biggest buyer of finished
products.
Even if the British Government
should not adopt all-around high
protection but system of reeipro-
cal preferential duties, it is held
that Germany's position would not
be materially eased, since until her
financial position has improved her
import possibilities must remain
sharply limited Moreover, in the
event of the consummation of an
Empire customs union Germany's
export outlets would be blocked
even worse"
In its analysis of the results of the
election the Pravda, Moscow, points
out that the tariff will mean a Sc
we're sharpening of the economic
struggle between the United States
and Great Britain.
This was confirmed, while it was
being written, by the statement OF
Thonss Lamont Of J. P. Morgan ~
Co., in the Saturday Review of Lit
erature that Germany should imme-
diately come to terms with the
French imperialists as part of the
realignment of the imperialist pow
ers. This realignment means the in
tensifieation of the attempt to thrust
British imperialism into a secondary
position. He states his quite openly
in the following about the complex"
in which Germany and France now
find themselves;
"This complex accounts for the
fact that the German authorities,
when financial crisis recently con-
fronted them, turned not to their
chief longtime creditor, France,
but TO Great Britain. This may
have been a natural, but it was not
the most sensible course. Obvious
ly, the French are the people to
try to come to terms with, finan-
eially as well as politically. There
are signs that the Germans are
waking up to this fact. 1t is the
most important single element in
the whole of their foreign rela-
tions. 1t can well spell success or
ruin for the German economy"
The intensifioation of the struggle
with the British imperialists is one
part of the situation that Lamont
warns of. The other is the attack on
the Soviet Union and on the German
working masses.
1--WE know full we'll that political
questions OF prime Importance to
| the whole continent of Europe are
waiting for solution, and when we
! speak of reparations alone we are