The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-09-24
STEEL WORKERS! PUT YOUR ANGER INTO ACTION! STRIKE
r. BOSSES -AFL PLOT ATTACK ON ALL u s. TOLERS
The "Infectious Smile" of
]. P. Morgan

TREMENDOUS place person Ppont
Morgan the last few
BOURGEOIS of the world Only few being perteny
asked by English for interview Morgan
only refused ang but called
the reporter Three days later the picture changed The
Morgan broke his ronad rule against talking for publication
newspaper
hamor them intimate talk charmed
mtertewers report
after nearly hour he Odr
the waiting
teeth in that infectious smile"
What had happened those
the infectious smile" of the American Chief Millionaire?
The simple
end herewith its leading financial position in the world market
The la" the single world without rival
pound sterling along With the
before the d?er And the dollar this j.
the face CT 7erpon mirrored the joy of conquest!
Another bnker this historic explaining
lean bankers The savos of humanity the following picture of
the operation which had brought the famous infectious smile" the
lips OF his chief:
ten his he We anxious operation
oyer and feeling relieved"
In this figure speech however there is poetic license than
accuracy An operation performed it is true but not by knife
the hands Of battling
upon The other lighting over the loot In the struggle John Bull has
had of his golden ostes by Uncle the fight
has reached new stage that of acute
financial crisis which bourgeois economists boosted
struggle between the nneaist norsrs is for tho omert crd
greatest
Morgan of fight
What the next Already Monday
nounced by the German which reported the following
The papers of
United States whose accumulation of gold looked of
the chief English
English tragedy the result of the destruction
which provoked by the tributes excessive protcconsm
and the unreasonable accumulation
Going to the roots of the situation means in Germany tax
say accu-
mutation of gold by the This
elements rejecting the powers
financial crisis
which will its deepening
But it is correct that in the conditions of the crisis which
general capitalist decay
petition between England and the the form
financial war and that the breakdown of the pound sterling
important result OF and stage in this From will quickly flow
forms OF the fight between the two giants of imperialism
press of the
worlds gold On Tuesday this demand formally voiced by Phillip
of the details of the struggle
down the pound sterling After losing head
about the hair speech
very characteristic 1t shows the correctness of the estimate the
den confirms analysis point by point. thus:
The financial crisis appearing in the weakest link Of the CAPT
hst system inevitably very soon involves the most powerful capitalist
countries Snowden confirms this saying
The actual crisis started with the collapse the
OF Austria last May and the crisis which followed
Germany immediate effect on the
London market because London the center international
many)%
The formation
by on the con-
dtion of reducing the DOLE says:
There criticism Of budget expenditure
unemployment the trade those
things seized exaggerated
Bank of England about the beginning very
large credit no less than s25ooooOo from American and
banks meet Withdrawals a
practically exhausted At that
came into being and plans announced for balancing the
of sharply and
might up"
United the given
action
their Britain
extended al
the withdrew
stopped breakdown in
I'VE informed both the U S. Friday
possibility
but
Of assistance needed
THE by no means