The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1933-04-28
INITIATION PROGRAM IS new
ATTACK ON WORKING PEOPLE

The bank holiday in March was followed by the aband-
oment of the gold standard and this in turn has been fol-
lowed by the open initiation program by the capitalists OF
the United States proposed in the Thomas amendment to
the Roosevelt farm BILL
Each step is result of the sharpening of the
mic crisis Each step shows that the cracks in the founda
lions of the capitalist system opening wider each day.
This present initiation program is not a policy of
the capitalist class The abandonment OF the gold standard
decided because there has already been widespread
initiation of the currency and the dollar already without
sufficient gold backing to continue the gold standard
Like every measure which the capitalist class
order its hide and it's profits the crisis the na
ton program means attack on the working class.
Prices of various food commodities have already gone
The capitalist papers trying to convince the farmers
that this improvement in their condition 1t means
the contrary ntenSfcaOn OF the hunger program
against the working class.
The capitalist press is trying to convince the working
people of the country that initiation will start the wheels of
industry moving once more. 1t will do such thing.
there such possibility the capitalists would have
started the printing presses rolling long Printing tons
of more money will not system that is coapsng be-
it choking the goods that the workers and farm
ers have produced and cannot consume
Higher prices will that the workers in the Cities
living relief wretched wages will have to pay more
for the necessities of life They will have money
than they have had With this money they will be able to
buy less because prices have gone up.
This will mean decrease in the market for farm pro
ducsfewer goods will be sold because the workers must
buy less The surplus the farms will increase because
hunger in the cities grows
Even if the farmers would for time get larger in
come would this better conditions for them? The
prices the goods which the farmers must buy will go up
and wipe out this increase (Only instance could in
faton be of benefit to the famersf they cut their
standard of living buy of tire necessities of life at this
higher prices and turn the rest to the capitalists
IN interest and taxes)
The "new deal" in inflated currency means not only
conditions for the working people the cities and
the farms but brings closer danger of mperaist warhe
final attempt of the capitalist class get out of the crisis
The New York Times correspondent in Washington
points to the possibility of can international currency
which would be the most dangerous form of commercial
competition The British capitalist has openly stated
that the abandonment of the gold standard and the nfa
ton program of Wall Street is attack on the British
pound and British markets.
In the coming conference in Washington Roosevelt will
initiation of his main weapons in the struggles
the debts and for international markets. These
ferences with Macdonald HerrOt and other representa-
tives of foreign capitalists outpost smshes in the
struggle for world markets to the capitalist of
each country.
Only important country has not been invited to the
conference.-the Soviet Union The skmishes among those
present to determine they build united front for
against the Soviet Union The conferences at Washing
ton will push the currency warthe struggle for world
markets to new stage
Initiation the American workers and
farmers 1t the preparations for world war, among
the imperialsts and against the Soviet Union
Our to the war-infation program of the "new
DEAF must be edoubed efforts to organize the American
farmers in UNITED FRONT in defense of their homes
and their living standards, and against imperast war;