The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-06-27
BOSSES SPEED
DRIVE FOR WAR
World Crisis Grows
More Acute
CONTINUED FROM PAGE ONE

also be forced to default and even to
declare moratorium on all debts.
Greece and Bulgaria have already
defaulted. In the meantime, the
sharpening differences between the
imperialist powers and suspicion of
each other have so far defeated the
proposal to advance additional loans
to the Danubian states in an effort
to stave off the complete collapse of
capitalist economy.
Armed Clashes With Troops
There is wide unrest in all of the
Danubian countries, marked with in
creasing armed clashes between the
starving workers and ruined peasan-
try on one hand, and the state police
and troops on the other.
In this desperate situation, the
capitalist are more and more turning
to war as the capitalist way out" of
the crisis. French imperialism, as
the leader of the anti-Soviet front,
has made marked gains recently in
drawing Germany into the Anti
Soviet war front. The German Jun
ker dictatorship, headed by Won
Papen, has just offered France a mi
htary alliance in exchange for con-
cessions on reparation payments.
France Rejects Hoover Proposal
Open opposition is evident in Eu-
ropean and Japanese imperiaist cir
Giles to the Hoover sham "disarma-
ment' proposals, which aim to
strengthen the military power of the
United States at the expense of cuts
in the armed forces of Wall Streets
imperialist tools. Premier Herriot of
France has announced his opposition
to the Hoover proposal. He has coun-
tered with the French proposal for
an international force under the
League of Nations, which is mainly
controlled by France.
Rather Guns Than Silk
Jugoslavia, one of the French vas
sal states, has bluntly stated its OPP
position to any plan to reduce arma-
ments. This declaration was made
by Premier Marinkovitch who, it is
reported, has rushed back to Yugo-
slavia from Geneva "to deal with
threatened domestic political crisis"
The japanese have been similarly
blunt in declaring their opposition to
any arms cut whatever. They have
cynically declared that they would
rather produce munitions for use
against China and the Soviet Union
than produce silk for which there is
hardly any demand as result of the
crisis.
Fascist Italy is supporting the Hoo
yer proposal in so far as it gives them
parity with the French Navy. Mus
solini is not averse to reducing the
Italian regular army. so long as his
Black Shirt military organizations are
left intact.
British Secretly Oppose Cuts
The British imperialists, subtle Dip
lomats, are putting up screen of
pacifist demagogy behind which to
cover their secret opposition to the
Hoover proposals which aim at es-
tablishing parity for the American
Navy with the British Navy and re-
ducing the naval strength of Japan.
All of the disarmament" proposals
Of the imperialist powers have three
very definite aims: u to weaken and
disarm the rival imperialist powers,
p to strengthen the anti-Soviet war
front; and 81 to deceive the masses
and achieve peaceful transition into
war.
The only genuine disarmament pro-
posalS offered at the conference we're
made by the Soviet delegation, who
first offered a plan for complete dis
armament, and later, plan for par
tial disarmament Both plans we're
rejected fortnight by the imperisnst
war mongers,