The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-06-17

way OUT Oh the CrLSlS, IOr CtlS simple
reason that the world economic crisis
which has been raging for the past
four years throughout the capitalist
world stopped short at the Soviet
frontiers. During these four years,
the U.S.S.R. accomplished tremen-
dous tasks. 1t completed the first
Five Year Plan, and entered upon
the first year Of the second Five
Year Plan"
Soviet Union Untouched by Crisis
The editorial quotes the following
passage from Litvinov's speech: Due
to the peculiarities of the economic
; structure of my country, the world
crisis can in no measure influence it,
and does not influence its economic
growth, which is proved by the alb
sence of such phenomena as over
production of commodities, accumu-
lation of stocks that find no market,
unemployment, increase in foreign
indebtedness, bankruptcy and fall Of
wages"
Continuing, the Pravda states:
What can Messrs. Capitalists reply to
this statement Of the Soviet delega-
ton? They dare not, of course, deny
these facts which are the most vivid
illustration of the advantages which
the Soviet economic system has over
capitalism. These advantages which
find their material expression in the
continuous economic rise Of the
country of the proletarian dictator
ship, may be seen from the fact that
the U. S. S. r. is the only country
which. consistently fights all forms
of economic aggression: embargoes,
tariff barriers, etc"
The Soviet Union Does No Seek
Isolation
Pravda gives the following pas
sage of Litvinovs speech; Having
full possibility, due to the successful
accomplishment of the first Five
! Year Plan, to develop its construc-
ton independent of imports, my
government nevertheless, has no in
tention of fencing itself off from the
outside world, new economic barriers,
and encasing itself in its own eco
nonic she'll In contrast with other
countries, along with the enormous
increases in our own production, we
do not seek out archy and don't re-
ject advantageous imports of foreign
goods"
Proposes Economic Peace Pacts
The editorial proceeds:
Through Litvinov, the Soviet I'm
ion not only proposed at the Con-
ference, economic non-aggression
pacts, not only demands the abolition
of all special duties, restrictions, boy
colts and other forms of economic
aggression. The chairman of the
Soviet delegation made another con-
crete proposal concerning the extern
sion Of foreign trade relations be-
tween the U. S. S. R. and capitalist
countries on the condition that they
extend corresponding credits to the
Soviet Union.
| One Billion Dollars-such are the
immediate import capacities of the
Soviet Union. What similar capital
| list country can make similar enor-
nous trade deals? The fact is that
the orders Of the Soviet Union placed
under proper conditions would
amount for different goods from Is
to 100 per cent of the existing world
supplies for which no place can be
found, and the absorption of which
could give work to millions of unem-
ployed workers.
Socialist Contribution Triumphs
Only the Soviet Union which gig
anticf .ly developed its productive
forces, which beat off all attacks of
the hostile capitalist world, is in a
position to absorb such colossal
quantity of goods. The capacity of
the Soviet market is unlimited, for
our potentialities, the development
of our productive forces. and the
growth of the welfare of the city
| toilers on the countryside is unin-
terrupted."
Pointing out the failure of the
capitalist world to defeat the Social
list construction in the Soviet Union,
Pravda continues:
I'm our country, during the last
four years, there came into being,
fields, coal basins, new thousand
mile long railways and continuous
i growth of our population. In cap
italist countries during the four years
of the crisis, there have grown up;
enormous armies of men, huge sup
| plies of commodities and tremendous
machines which Messrs. Capitalists
cannot get rid of it. At the same
time sixty million persons are doomed
to starvation of extinction as a re-
suit of unemployment. The clear
question posed by Litvinov For Or
! Against Economic WARP" will have
to be answered clearly by the rep
resentatives Of the capitalist world
The ruthless economic war waged
by the capitalists is prelude to a
new world irnperialist war. The en-
| barge Of i',a d'a~''ards AGAINST the
DDS of the Soviet Union is the first
step towards organized intervention"
U. S. S. r. Can Buy Most of Surplus
Goods
A paragraph in the Izvestia also
comments on Litvinov's speech in an
editorial entitled "From Geneva to
London" Reviewing the history Of
the Geneva Conference, and the i'm
pudent demands which the capitalist
representatives made that the Soviet
Union recognize the ownership title
Of foreign capitalists to plants. mines
and lands nationalized by the Octo-
Der Revolution, the Izvestia points
out the change that has taken place
in the years which have elapsed,
with the Soviet Union having grown
in economic might, while the capital