The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-12-08
THE HOOVER HUNGER GOVT
BACKS F1ITLER'S CIVIL
WAR THREAT


capitalism from collapse so that all the irnper-
ialist creditors may in the end gain along with
the German capitalists P. J. Philip, on Dec,
5, cabled:
"Adolph Hitler, German National Socialist
leader has been negotiating with France as
well as with England. philip is silent
about negotiations with Wall Street, but more
of that later.-H. g. What he wants to do
as it is seen here, is to drop several hints into
the ear of official France. . They are to
the effect that whatever Herr Hitler and his
party DO when they come to power-and they
are confident that by April they will have ar
rived-they will keep strictly within the legal
limits which have been set for Germany. They
will be, first of all, party of order, and they
cannot preserve order if they themselves re-
sort to iIegalty"
German capitalism is the key to the financial
crisis of world capitalism. In the United States
the financial crisis is entering phase danger
Gus for the exploiters. The end Of the gold
standard, what is in essence the same a COM
plete moratorium, in Germany would Immediate
ly result in a severe shaking of the already weak
ened financial structure of American capitalism
1t would drive the British pound still further
downward. 1t would threaten the already tot
tering railroads bond and mortgage companies,
the insurance companies in the United States
with certain bankruptcy The American capital
lists to save themselves, have already launched
g, renewed attack against the American workers
Wages on the railroads are to be cut.s A drive
is made against unemployment insurance New
wage cuts are under way for the entire Amer
lean working class.
At this moment, with the question OF $4,000
100000 in frozen German credits and with the
Hoover moratorium question hanging like the
sword of Damocles over world finance capital
he irfer 1ny1d f1onr
attack against the German working class. To
put this over they grid the counter-revolution
for its bloody suppresSive role. In this new cam
paign against the German workers, and stimuli
taneously against the workers of the entire
world, the role of the socialists as the torch
bearers of fascism, is becoming as clear as the
noon sun.
Wall Street has for some time been weighing
the ACCESSIBILITY of Hitlers coming to power In
Germany. Wall Street now favors Hitler's brand
of fascism, feeling the gradual process of the
Bruening fascination proved inadequate in view
of the precpitous swing of the crisis. Events
press to rapidly.
AS far back as November 18, 1881, the journal
of Commerce, expressing the view of Wall Street
bankers, took favorable attitude on the ques-
ton of Hitler establishing fascist dictatorship.
SO far Hitler's demagogy about stern measures
against international bankers" the journal of
Commerce, undoubtedly speaking with the
knowledge Of official assurance told its bond
holding readers to dispel their uncertainties, de-
claring:
From the point of view of foreign interests,
it is easy to exaggerate the Importance of this
political shift to the right in Germany. Any.
protest movement is invariably more radical dur
ing its fight for power than after it has assumed
control of the government. While students OF
the German situation differ materially as to
what is likely to happen should Hitler become
the head of the state, there is a growing ten
dency now to predict that the bite will prove
much less formidable than the bark In fact it
is very likely that. after his assumption of pow
er, the changes will consist chiefly of a series of
gestures to placate various elements that have
come within the fold of the National Socialist
Party"
Wall Street has had some misgivings about
the effect of Htler's coming into power. They
fear not Hitler or the fascist program but the
result of Htlers demagogy ON the forces within
the fascist party. They fear Hitler will not be
able to control the civil war his rise to power
will set in motion; they fear it may not result
favorably for capitalism. 1t is for this reason
that Hitler shouts again and again that he alone
is the dictator of his party; that his word is
law; and that the whole brunt of the fascist dc
tatorship in Germany will not be directed
against French imperialism, or the foreign bond
holders, but against the proletarian revolution.
On this ground, Wall Street lessons it's fears, in
the face of the greater danger of impending fl
nancal collapse, and greets Hitler with open
arms 1t is to Hitler now, that the American
expoiters look for the active forces to be set in
motion against a proletarian revolution. The
New York Herald Tribune (Dec. 6, 193D declares
this fact in the following language:
Herr Hitler proclaims his complete mastery
over 100000 Germans, If the boast is JUS
titled, it means that he can make valuable
contribution to the common problem. He
give order and definiteness to whatever policy
Germany follows, and, as the French have
realized for some time, ordered and respop-
Is easier to deal with than Germany which
can at any moment raise the plea that she Is
about to dissolve in revolution.
Hitler has the promise of support although
not yet formal from Wall Street Hitler's
program is the program Of finance capital in
the United States.
The Communist Party Of Germany, in this sit
uation, emphasized the urgent and unpostpon-
able immediate task of winning the majority of
winning the majority of the German workers for
the verthrow of capitalism On November 10,
the Central Committee of the Communist Party
OF Germany declared:
''The main task of the Communist Party in
the present period is to develop the revolutionary
mass work and to win the majority Of the work
ing class for the overthrow Of capitalism and the
establishment Of free Soviet socialist Ger
many"
1,,zar -t.n @I,v 81