The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-11-14

bAAASAdl Va al VI A4AE AANACl NOfCth-
inst the working class and for new
against the Soviet Union.
e arguments fer revision" declared
. that the question of the govern
mental debts was the prinicap OBJ
staele ''to political pacifieation as well
as financial restoration the
shattered capitalist system throughout
the world.
While not referring directly to the
Soviet Union and the rising of re-
evolutionary struggles throughout the
world. lie Temps" left the inference
that the triumphant Socialist con-
struction occurring in the Soviet
Union precisely when industries and
banks are closing down in all the
capitalist countries was sapping the
| confidence of the toiling masses in
the capitalist system.
Won't Hit Bankers
The French imperialists do not in
tend that the American bankers
should shoulder any Of the debt bur-
den. They are not even suggesting
cancellation for the private debts due
the bankers. This partially explains
the support for the governmental
debt cancellation move by some sec
tons Of the American imperialists
These latter also support the move
because it is linked, as lie Temps
admits, with the drive for armed in
Prevention against the Soviet Union
although realizing that in lesser
degree it constitutes united front OF
the European powers against the
United States.
Borah Aids Imperialist Plan
Senator Borah, Chairman of the
Senate Foregin Relations Committee
is supporting the move to cancel gov
ernmental debts while maintaining
silence on the private debts due the
bankers. In statement yesterday
he spoke vaguely of policies which
have brought the world to bank
ruptcy.
Boss Wars Now on
England and France which are
leading the drive for debt cancel
lations are as fsverishly engaged in
war preparations as the Wall Street
Government and with the same ma
| Jor ainl-an attempt to solve their
! difficulties at the expense of the
toiling masses and of the Soviet
Union and the Chinese Revolution
The rapid growth of capitalist chaos
is speeding their drive for war, as
shown in the several undeclared wars
already raging in various parts of the
capitalist world: Japan in Manchuria
Bolivia and Paraguay. and between
Colombia and Peru in South America.
with American and japanese i'm
perialisms the chief contenders be-
hind the screen in Manchuria. and
American and British imperialisms
| fighting through their South Amer
lean puppet governments in their
bitter rivalry for control of the nat
ural resources and markets in South
America
While French imperialism Is for
governmental debt cancellation it is
arranging huge loan for it's jap
anese allies, and is financing the
feverish war preparations of the
french vassal states on the western
frontiers of the Soviet borders, in pre-
paration for joint attack with Jap
anese imperialism on the USSR.
Many of these vassal states have al
ready defaulted on their debt pay
ments to the U. s.
The U. S. Government has not
made public the notes of the British
and French on the debt revision.
Rumors are current in Washington
official circles that the government
has a secret understanding with
France and England on the question
ot revision. The understanding is no
doubt connected with the pressure
against Japan and with the anti
Soviet front and the European tour of
Gen Macarthur, y. S. Chief of Staff
which, as openly stated in the Czech
bourgeois press, is Tor the purpose OF
further organizing that front.
The toilers of the various countries
are forced to bear the full burden of
these war debt payments. Commu-
nists stand for the all around can
collation. of these debts by all nations.