The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-05-30
AN OPEN LETTER >>>
To Members of US. Senate
Protesting Against the Silver Loan and the
Proposed International Silver Conference

the Kemmerer Commission are
known to the world. The repeated
shipments of bombing planes and
ammunition to Chang Kai-shek,
with the consent of the State De-
partment of your government, are
not of little benefit to your "citi-
zens engaged in trade and COM
merce with China" You are pursu-
ing an active policy of tightening
your financial, economic and pO-
IitieaI control over China, and you
have found in the Marking govern
ment of Chang Kai-shek willing
tool both for beating off your impe-
rialist rivals and for suppressing
the heroic resistance offered by the
workers and peasants under the de-
termined and invincible leadership
of the Chinese Communist Party.
Your agents in China are at
tempting to deceive the Chinese
workers and peasants by spreading
the false rumor that you do not re-
quire any securities for the loan.
But your resolution betrayS the
truth. 1t clearly states that the
internal developments for which
the advanced silver will be used for
"minting into small coins to pay
for labor and buy materials" is ''tO
be approved by those supplying the
silver" In the deceptive legal sense
this is certainly no security in the
sense that no definite property or
fund is assigned as guarantee for
payment of the debt. But both po-
litically and economically, the Sc
curity is of infinitely greater value
and significance. The silver loan,
according to the Senate Resolution,
is not to be secured by any paltry
sum of money or the limited value
of any property but by the mort
gage thus created on the already
much impaired sovereignty and in
dependence of China, and the
boundless resources and unlimited
labor power of great country with
a large and industrious population!
Your petty silver loan scheme has
met the opposition Of your rival
imperialist powers of Great Britain
and Japan. Therefore you seek to
achieve your aim by roundabout
way. Instead of espousing the
scheme yourself, you have decided
to use your colonial lackeys from
India and China, while you remain
behind, in the person of Senator
william H. King, of Utah, directing
the puppet show. In the recent
Congress of the International
Chamber of Commerce, you pushed
through the resolution for the call
ing of an international silver con-
ference, nominally proposed by the
Chinese delegate, Tsuyee Pei, the
emissary of the militarist Chang
Kai-shek, and supported by the In
dian delegate, S. r. Bomanji, friend
of Ghandi, the traitor of the In
dian people. However, the Interna-
tional Chamber of Commerce reso-
luton, due to British opposition,
left the question of who is to call
the conference in the dark.
Now, you have let the cat out OF
the bag! In an officially inspired
dispatch from Washington dated
May IA, the New York Times re-
ported that "the Marking Govern
ment might issue a calf for the
conference, that authoritative cir
Giles lin Washington indicated to-
night the United States would &C
cept such an invitation" that there
are indications from official
sources here that the United States
would cooperate with the Chinese
government In such a conference"
and that "the United States would
be willing to lend assistance in the
preliminary preparations if con-
ference is called by another ma
ton" If the puppets at Marking
are really worthy of the trust of
those who pull the strings in Wash
ington, the long agitated silver con-
ference may actually be convened,
though, due to imperialist CONTRA
dictions and strong opposition from
the Chinese workers and peasants,