The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-10-15
Bankers and Roosevelt

MALL STREET bankers and the Cham
W Der of Commerce, after recent confer
ences with Roosevelt, pronounce him a
very good President for their purposes.
Roosevelt's candidates throughout he
country Of course are not telling the prospective
voters about these facts They are still using the
old line of Roosevelt's promises, at the very
ment Roosevelt is consulting bankers and Chamber
Of Commerce representatives on how best to defeat
these promises.
We want to refer to only few of the reasons
why the bankers and big industralists have de-
olared their new love for Roosevelt. The Chamber
Of Commerce in its latest statement, says it be-
Ieves Roosevelt is the best bulwark against the
30-hour week agitation. They reveal-and this is
secret they have not told the workers before-that
Roosevelt passed the N.R.A. to stop the movement
for lower hours and increased wages They count
on Roosevelt to stop any such further agitation
now
The Herald Tribune, for example reveals the
fact that bankers who support Democratic and Re-
publican candidates alike, have out for Roose-
welt as their best bet.
Roosevelt has had long conferences recently with
such Russell C. Lefhngwen member of the
firm Of ]. P. Morgan & Co. William C. Potter,
president Of the Guaranty Trust Co.: w w Will
lsms, president of the Mortgage Bankers AsSocia-
ton of America; Francis M. Law, president of the
American Bankers Association; w r. Grace, presi-
dent Of the Grace Lines, and Walter C. Chrysler,
automobile magnate. Besides, George Harrison gov
ernor Of the New York Federal Reserve Bank, and
a Morgan man, was guest of Roosevelt on a
weekend cruise.
ALL of the bankers come out of their conferences
n satisfied that Roosevelt is carrying out their
policy, and that his demagogy is meant only for
consumption.
These not the only reasons given by the
Herald Tribune 70 show that the bankers and big
trusts see in Roosevelt their best instrument for
earring out the drive against labor.
These are the facts that all workers should keep
in mind when going to the polls. No matter what
promises the various candidates on the capitalist
tickets supporting or attacking the New Deal may
present the actual political alignments are being
made directly between Roosevelt and the big
bankers
Only the Communist Party from the very be-
ginning of the Roosevelt regime showed and proved
that his program was the program of finance CAPT.
tai, Of the most corrupt trusts and scab-corpora-
lions. Only the Communist Party from day-to-day
fought against every new sla7e-driving measure of
the New Deal and warned of its later anti-labor
developments
Rcosevelts many conferences with the bankers
are reminiscent of Hiters constant meetings with
the German bankers The results Of Roosevelt's
conversations will be greater efforts to save capital
ism at the expense of the workers. resortng to more
and more fascist measures against the workers
To mobilize the fight against this set-up to rally
the workers 10 the new dangers confronting them
huge Communist vote can now become one of the
most powerful weapons
A vote for the Communist Party is vote for the
greatest struggle against the bankers New Deal;
vote against all the lying demagogy of Roosevelt;
vote for workers rights, for powerful trade union
organization, fol- struggle for increased wages and
for development of these struggles for the over
throw of the whole rotten structure of capitalism
Vote Communist!