The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-28
A War and Hunger Budget

WITH Congress soon to open, Roosevelt plans huge
hand-out government budget for the big banks
railroads and industrialsts.
The next government budget will figure around
S60ooO000o0. Of this $260O0Oo 10000 is supposed
to go for government expenseSthat is, including
$6o0,00o,00o for war purposes. Hidden away in the
budget under the cloak of public works viii be more
hundreds OF millions for war.
But the big bulk Of the federal expenditures for the
coming year will go out in subsidies to pay railroad
stock and bond dividends to help the bankers get rid
of their frozen securities and them hundreds of
millions in profits and to pay bonuses to grain specu-
lators, rich farmers gold and silver mine owners.
Over sS500O000o0 will be available for these big
boys
The government becomes more and more an agency
to insure profits for bankrupt corporations at the
pense of the toiling masses.
The first big slice will go to the railroads which have
S480,000000 in securities falling due.
WE be sure that Roosevelt will lard this huge
W present to the finance capitalists with demagogc
talk about relief and public works." well as with
fake scheme Of taxation on the higher incomes
But every penny of the colossal given to the
bankers and the industralists will come out Of the
hides Of the workers.
This will be assured in two main ways. First the
whole government budget will speed imitation. The
result will be smashing down Of the workers living
standard. The N. r. A. has already frozen wages to
constantly ueVlSeS new
schemes Of imitation that hit the through higher
prices and through higher taxes
Second, Roosevelt win institute disguised direct
taxes all workers the petty bourgeoSe and pro-
fessionals His professors now are wracking their
brains for forms Of sales tax other tax projects
that will make the masses pay
During the last Congress he put over the processing
tax which the manufacturers were supposed to pay
on cotton and wheat In practice they were paid by
the workers through higher bread and clothing prices
THERE viii be more of such taxes.
Besides the government deficit is growing 1t is ex-
peced to reach SIS 900 the next years budget
alone. Roosevelt so far has concealed the huge and
growing government deficit through bond issues -
another form Of imitation.
Every scheme, every STEP every act of the Roose-
velt regime helps monopoly capitalism in the present
crisis
It does this at the direct expense of the masses
The N. r. A. is speeding classification with its higher
prices and powerful and oppressive grip on the
life Of the toing masses At the same time, the N.
r. A. lowers living standards sets up powerful strike
breaking apparatus.
Now the stage is set for subsidies to the coupon
clippers This opens an immediate vista Of rapid
imitation and greater taxation for the masses
The budget will be war budget heavily
weighted with billions in grants subsidies for the
war makers
1t will throw new, crushing burdens the harrassed
workers
HERE is further evidence that every step taken by the
Ia capitalists to find way out of the crisis, in the
first place. puts greater burdens the workers In
the second place it becomes factor for deepening the
crisis bringing with it more unemployment wage cuts
and suffering for the masses.
The road of hunger misery and war is the only way
out provided by the capitalists AS against this way
out, it is necessary to strengthen all OF agitation
and propaganda to show the workers the other way
the revolutionary overthrow Of the capitalist system
and the establishment of a workers and farmers gov
eminent the basis for building socialism in this
country.
To achieve this must increase efforts to lead
the struggles against wage cuts unemployment for
unemployment relief particularly in all these struggles
bringing forward the need for organization and acvi-
ties for the revolutionary way out of the crisis.