The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-08-24

gains. especially the heavy industry and the food
producing industries While the American workers
face a scarcity OF food this winter, with higher
prices, food production in the Soviet Union in
creased 2S.S per cent.
The last Federal Reserve Bank reports showed
retail trade declining in this country workers and
farmers being able to buy less food and clothes)
increase in the volume of retail trade.
increase in the volume Of retail trade.
Despite the rosy glowing promises of prosperity"
by the Roosevelt regime, despite all the efforts Of
the capitalists cat the expense of tn workers living
standards, the latest reports on American economy
show a sharp, opposite contrast to Socialist econ
omy.
Where the Soviet steel industry gained around
293 per cent increase in output the gigantic United
States industry, owned chiefly by Morgan g. Co.
recorded drop to q per cent of its total capacity
a point which nears the aI-time low record of the
crisis Coal production is down; car loadings are
down. Worst Of all for the workers, jobs and
wages are going down to point exceeded only twice
since 1919 In July alone, over $4,000 American
workers lost their jobs and over $105OoOOO cut
of of weekly payrolls.
In the very week in which the Soviet, planned
Socialist industry reported such great victories in
surfing more well-to-do life for the workers and
farmers Of the land of the victorious proletaran
revolution, the leading economic organ of Wall
Street had the following to report
Index of business activity drops to lowest level
since December 1888"
The perspective of American industry is still
lower levels, still more unemployment, still lower
wages still more hunger and misery for the toilers
and yet still greater profits for the bosses, such as
they achieved through the MIRA
Soviet power in the Us.sRr Socialist planned
economy, has been able to demonstrate to the work
ers of the world that the revolutionary overthrow of
capitalism can completely turn the tide, wipe out
the parasites and insure for the toilers an ever
advancing standard of living, the end of unem-
ployment, and the greatest cultural advance.
It is for this aim that the Communist Party in
the United States is striving modifying, organizing
and partaking in the front line struggles of the
American workers for their most pressing, imme-
diate demands against the bosses for bread. 1t is
against this aim that William Green and all the
enemies of Communism are mobilizng in an effort
to maintain the capitalist system of misery and
poverty for the masses.
We want here to draw to the attention of all
workers the world significance Of the victories
under the Second Five-Year Plan in the Soviet
Union This was excellenty stated by Comrade
v. M. Molotov Chairman Of the Council of Peoples
Commissars of the U.SSR, speaking on the tasks
of the Second Five-Year Plan at the 18th Congress
of the Communist Party of the Soviet Union. Com
rade Molotov then said what is now being borne
out by accomplishments
THE fulfillment of the Second Five-Year Plan
will increase still further the Importance of the US
SR. as a bulwark Of struggle of the international
proetariat, will raise the prestige of the Land of
the Soviets as base of support Of the world pro-
letsran revolution still higher In the eyes Of the
toilng. exploited masses of the whole world. The
new great historical victories in the construction
of Socialism will consolidate still more the economic
basis of the fighting capacity of the Soviet Union,
its ability to repeal and shatter any ambitions of
the enemies Of the Proletarian State. The power
full economic upsurge and steady growth of we'll
being of the toiling masses in the Soviet Union
while crisis exists in the capitalist countries will
still strikingly corroborate the superiority of
the Socialist system of economy over the capitalist
system and the historical doom of the system of
capitalist slavery will make still more conspicuous
the gigantic creative forces of the revolutionary pro-
letariat which has conquered power and is con-
solidating its dictatorship in heroic struggle for
the construction of classics society"