The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-07-28

initely, unable, in its heIplessness, to
even decide a date for recovering.
No one knows, or cares, when it will
meet again. And it is no secret that
all the delegates agree with the state
ment just issued by Mussolini ex-
pressing the belief that from now on
it will be impossible for the capital
list nations of the world to ever meet
again in world conference. The con-
ference is, thus, to all intents and
purposes, wholly dead.
Fight for Markets
The conference was a meeting OF
the leading imperialist countries err
gagged in bitter and ruthless strug-
! gle for markets. In particular, the
conference was the battle ground OF
Britain and the United States, each
seeking to gain commercial advan-
tage through favorable settlement
| of the ratio between the dollar and
| the pound
But the rock upon which the con-
ference was doomed to be wrecked
was the irreconcilable contradictions
between the two leading antagon-
lists, Britain and America.
At the very moment that the Con-
ference was meeting, the capitalist
countries were feveristly raising
their tariff walls against one an
other, in the efforts to preserve their
markets from foreign competition.
During the most eloquent express
sion5 of cooperation, Britain was
arranging for special trade treaties
with South American and European
countries against the United States.
And throughout the conference,
the dollar was plunging downward
as American plunged deeper into the
currency Wa for commercial advan-
tages While the imperialists were
discussing "co-operation" they were
at one another's Threats.
The breakup of the Conference
thus heralds even fiercer struggles
among the imperialist countries than
habe yet been witnessed, conflicts
which will inevitably intensity the
world economic crisis, and which tend
with greater speed towards world
war.
Capitalist Politicians Predict War
1t will be remembered that Roose-
welt and the other leading repre-
sentatives of Britain, and France
proclaimed that the failure Of the
World Conference would mean eco
nomic disaster. Some Of the most
influential politicians Of France and
Italy before the Conference met,
openly stated that the failure of tffe
Conference to come to some agree
ment regarding price levels and the
partitioning of the world market.
would inevitably intensity the danger
of another world imperialist war. To-
day these capitalist statesmen are
silent
Roosevelt Sends Hypocritical Mes
sage
) As fitting gown to the absurdity
of the whole procedure, the Confer
ence was treated to the reading OF
last-minute message from Presid-
ent Roosevelt congratulating Mac
Donald for his guidance" Of the
Conference, and comforting the de-
legates upon their failure. Roose-
welt said that Results are not Of
ten measured concretely."
In the light of Roosevelt's whole
series of twisting maneuvers, yegin-
ming n fis statement that the Con-
ference had the already essential
task of stabilzing international cur
rency, down to his last statement
bidding permanent farewell to the
: gold standasd, the delegates seceived
his message with extreme coldness.
In reality, Roosevelt's message 10
the Conference is nothing more tnan
an extremely lame attempt to hide
: fro mthe workers the failure Of the
: Conference, from which he promised
such glowing results, the enn Of the
crisis
Soviet Delegate Talks
The most accurate evaluation Of
| the Conference was name by one Of
the Soviet nelegates to the Confer
enie, Jean Maisky, who said, "Ths
results of the Conferenie are some
thing like zero. Its cherished off.
spring, corrency stabilization, rising
prices, lowering tariffs. and develop
ing public works, have been placed IN
cold storage.
. The only lesson of the Conference
is that contradictions Of the capt.
alist system have grown SO great thai
: they no longer permit even external
reconciliation among the imperialist
powers"
!, Boston to Hold Mass