The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-10-14
WALL ST. RUSElES 9 MORE WARSlPS TO CHINA WAR ZONE


L Ind1Cldl OIlSlS Illus AIkICI I'D
uE recall that j. Morgan
ard recovery And
it might infectious smile that this
third expected to bring to
not to England great hope good cheer and returned pros
peity.
that British rumos are under
market Then the securities are given Doc Hoos
N that French eumos Sap Faith
the edct the moment is revealed
exported from America since England
suspended gold payments
1t seems that the
Lavals visit Paris paper explaining that the rate
of rate instead of 1852
which the legal rate there profit for those who export gold
Now if the dollar has gotten
can scarcely charged either British French though
may plenty that be answered by American in
We lay aside for the moment Hooers
proposal scaled down in exchange for dsamg
rivals and Lavals counter proposal that debts be
cent exchange for arms budgets cuts Of per cent
bad bargan and security by which Laval means french
hegemony Europe
blown by British ors and french uors Is II any suos
America which in the capitalist press were in the
early part crisis destroyed by e rmors? What has become
of that favorte cnard anyhow OF RED rm0 as cause " e
capitalist crisis?
silver and gold cures will
No The French initiation And that
why relation to the Franc This was shown in
circulation of cent over year ago. cited by e
Commercial Financial Chronicle recently
But it will $5ooooOoOOo gold? And
undermine such Strength An answer gwen
of Engands leading financial writer's IN the
London of America
lose as s5oO0ooooO in three weeks? He says:
rigid calculation possible for long
before reached credit restriction monetary snncy
general deterioration OF morale would have developed an IN
olerable degree"
too many Communists fail to observe the significance
recent of great banks such as Foreman
the Bank
America banks although these
events great political significance the working class
further published returns of the Federal Re-
serve system gold liabilities most ncom-
pe guide might be the guide to knowledge of just how much
the without general smash?
that last gasp" the could give up only s1o
s5oOoooooO although he adds significantly
limit is below that figure" Now the real limit
m below sooooooo it clear that the withdrawal OF s9oONoo
America by Europe in the last three weeks is serious OoW
herald of one still heavier
show that the central banks Europe
counting there is possible demand upon
gold understand therefore why he
why the dscount rate and why Also
conference national unity"
significance all this to the workers than the
world struggling gold and
difficulties of the crisis To workers
inevitably
involved the vicmized part Of capitalist society it means
hand by direct reduction OF wages
paid in money by the
in its backing real value in metal
commodity of the values in all other
commodities which that for the same money wage the worker
before
unemployment the intensified crisis and wider sava-
capitalist refusal to bear cost or relief
eveI by the so-caIed stagger plan
and that the employed should share work
insurance and relief accusong whole working
Ion and the united struggle of both employed
into fascist scheme for Great
ingh hostility employed unemployed
disputes gold debts Manchurian interests
mperst robbers but preudes to armed conflict
will forced die battle
for interests.
workers against
and strike not only to defeat reduction
O increased
unemployment both employed and unemployed must
protest strike against dsmissa for unemployment
full wages at the entire cost OF the capitalists ana admins
Relief $3.50 each obess worker for
instant destitute jobless workers and impoverished
already beating in China Simson has sent
World with
Capitalism upon human misery will try to
the Soviet Union which
that where
workers rule, S M unemployment misery
Against defend themselves and their
tie Soviet fathand OF all
And the and murderous rule CAPT
4 talSm!
Trade Union Unity National Committee of the ru uI