The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-04-14
Continued From Page Three)

CoAbMAHoA EEBtA Adst AuAbpI
some features Of the n r. A. program. Cen
ersl johnson, speaking Of the difficult position
Of capital at the time OF the birth of the new
deal" and what was its aim declared:
Il want to tell you If you have not your
selves observed. that throughout that whole
difficult and trying period, when in panic and
under the urge of extremists. the wreck of our
system was Threatened. the strong sane
moderate mind that upheld You was that
Of the President I ask yOu to remember
that at that time both industrial and
banking leadership had fallen, in the public
mind TO complete and utter disrepute HUI
mainly always seeks sOspegoat. A British
Government unable to sustain itself on any
other issue, was elected on the slogan Hang
the Kaiser Don't forget that, at that time,
these gentlemen and the bankers were almost
ito an infismed public mind the Kaiser"
That is clear enough No Communist could
nave put it more clearly
Without the collaboration of the A. F. Of L.
leadership. it must be emphasized this program
could never have been carried out over the re-
sistsnce Of the workers This truth, which We
pointed out in advance is nov the boast Of
Green Lewis & Co.. in their conferences with
ever strike has been broken, the main credit"
belongs to Green and his associates Every vici-
GUS code provision against the workers, for COM
pany unions has borne the signature of Green
& Co. Section Ia, the new Charter for labor"
turned out in reality to be the legalization of
company unionism and compulsory arbitration
Even the A. F. Of L. leaders are allowed to or
ganize only where and when this is required to
ef re7rr iona M in
dependent trade unions The Wagner Bill to
interpret Section Ia, now before Congress, which
received such vigorous support and high praise
from Socialist and A. F Of L. leaders, is already
even before passage openly admitted to be legal
confirmation Of the company unions, the en-
forcement Of compulsory arbitration.
Again we turn to the outspoken General
johnson. for coorful description Of the role
Of the A. F. Of L. leaders In his March 7th
speech to the capitalists, johnson poured out
his soul in eloquent tribute to Green & 90. He
said:
I'VE know something about what is toward
In this country-the worst epidemic Of strikes
in our history. Why suffer it? Here is way
cut. Play the game. Submit to the law and
get IT over quickly. l want to tell you this
for your comfort. I know your problems l
would rather deal with Bill Green, John
Lewis Ed McGrady. Mike MaeKcnough,
George Berry and a host Of others l could
name than with any Frankenstein that you
may build up under the guide Of company
union In faet--take il from me and a wealth
Of experimentation interests are your inter-
ests"
Again the worthy General leaves nothing to
add
Now, for a brief glance at the results Of the
new deal" as registered in governmental sta
tistics.
First the Reconstruction Finance Corpora
ton! Payments authorized by the r. F. G. UP
to the end Of 1888, amounted to s5,23380 O,O00
More than 80 per cent Of this enormous sum
went directly to banks, insurance companies
railroads mortgage loan companies, credit
unions, etc, in loans or purchase Of preferred
stock; and for what is called agricultural
credit" which means advances to financial In
stitutions holding uncollectibe farm mortgages
About 70 per cent went for ''relief" payment for
forced labor on municipal and state work. These
enormous subsidies the size Of which staggers
the imagination, are the source of large part
Of the renewed profits of the big corporations
Second. imitation and price fixing: These
costs that even the A. p. of L. leaders. close
partners Of Roosevelt and johnson, have to
admit decided drop in the purchasing power
Of employed workers. An indication is the drop
Of nine per cent, from September to December,
in the volume Of consumers goods actually pur-
chased.
Third the Government budget: Here We find
the realization of Roosevelt's promise to re-
member the forgotten man" The shift Of the
burden Of taxes, the basis Of the budget, COM
pairing the current year with 1928-1929, is as
follows:
Government income from taxation on cor
porations rich individuals, and wealthy middle
class, declined from $2,231 100000 to $96400o0O0
"a saving to the rich Of 81 467 100000 At the
same time taxation of workers and consuming
masses increased from $1,571 100000 to 1895,
00000O-an increase Of the tax burden amount
ing to more than the total taxes paid now by
the rich.