The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-09-24
The infectious Smile" of J. P. Morgan
CONFINED FRom FACE ONE,

CONTINUED
between her and the contrary sharp
enng Of the ntermpest struggle greatest financial tension through
breakdown of the international credit system;
90 deepening Of the
class and will sharpen the political world
borgeoie against the oers
AS to the first point already opening
conference for redistribution gold supply
after giving the gold standard the British Chancellor speaks openly
with the in
tibution of god against the s. and Raising this slogan
first his Parliament Sept
day later in threatening
I'VE would willingly conference this
purpose 1t has been made clear that such unweI
other the present crisis will
bring home them the necessity for action
banks safe whereas countries a
1t unnecessary explain diplomatic language directed
against the U the country
grim determination as one Of the stronga levers % i
During the sessions wash
ingon months all the the
efforts to influence the Wan
situation has changed The fin
anc crisis has developed
th time Just as Britain was involved by the American crisis
evtab will be involved the United States the
collapse, by the
think that American Imperialism win ssres
to participate in such gold conference without putting up
fight against this conference wash
ngon answered this proposal by its plan for silver conference
points,
The U s. wants to escape the gold conference and to use this silver
conference colonies develop pur-
chasing commodities and what is especially
important try India away from financial dependence upon
Britain Senator Key Pttan chairman Of the Senate Cnittee On
Silver, according to Associated Sept o.
Suspension gold standard by Great Britain makes It an
obvious that futile Of
India to place that country gold bullion standard basis must
be abandoned"
f h s egLnns Oh dumping OF c0nnodeS by Britain growth
shapest competition for markets reports
LOndOns big department stores today virtually
for American and other foreign awaiting
goods which were nearly Is per cent cheaper
after suspension Of the fold standard"
At the same time it will complete bankruptcy repara-
lions system from which the greatest beneficiary the United States
and which Hoovs famous moratorium designed
to separate Germany BRITAIN.
British pointed largely have supported those
continental countries which are paying reparatons Consequently
that the considerably value
permanently reparaion
The present schedule of payments it commended
maintained" -us
The struggle for markets will take forms All American
peaist plans for getting out of the crisis winning
basis cheapmoney system sharpen the problem of robbery
OF the old colonies and annexation of The financial
economic fight brings sharply closer mpeaist
ALL of the fight between the mpals as the entire burden
of the crisis to be upon working
Initiation will the entire tempo
revival production initiation postwar
stance this working sharp cuingdown of
the
Open precede initiation every capitalist country on
general scale
at both ends Wages
are cut and the purchangpower Of the reduced n
lowered We have in Britain top Of the sharp reduction
wages and the dohe economy reductions the
OF gher prices already over 10 per cent This process will proceed
both ends and only stopped
and fighting working
Into this witches cauldron
and decivyex occupation
Will the pot boil now? after
western iperast balance themselves
cu oer-revouion in China and offensive against the Soviet
Union the hand fear of
the other hand the
and flesh.
all the infectious Ppont Morgan
King Of Wall Street rides the wrwind capitalist boasng
that he will tame the profit
lean imperialism MorganS the N Evening
Umphanty:
is in New York at least
uewith
international crisis which position
ship must
The working class of America will decide
erosm of their struggle against
relief
whether American imperialism make this
the
the leadership will
off the face Of