The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-06-22


= ssas through M e NJ
MACHADO dieta, will take
care of the
bankers. They can always count on
him and Mendieta.
Let us dig up few of the de-
tails of this $60,0o0,OOO loan. The
only money that ever reached Cuba
out of this sum was the millions
that Machado, his son-in-law and
some of the murderous Porrista
gang got. The rest remained in
the treasures of the Chase Ma
tional Bank, the National City Bank
of New York and the Continental
Illinois National Bank and Trust
Company of Chicago.
For instance huge slice of it
was supposed to go for the building
of the National Highway, a road
that runs about 500 miles from one
end of the island to the other. The
road was built so that American
marines could travel more quickly
from the Guantanamo base to the
various sugar mills to shoot down
rebellious Cuban workers. Machado
could also use it from Havana to
speed his troops against the rev.
dictionary masses.
EVEN at that, not half of the
II money was used for actual ma
terial and wages. Talk about your
super profits. The Chase National
Bank can write few lessons on
this matter First they charge huge
sums for floating" the loan. Then
they get the contract for construc-
ton. They make huge profit in
handling these contracts. All that
is left is a road that isn't worth a
third what it was supposed to cost.
The rest Of the money never leaves
New York City.
| Another matter: Machado de-
cides he wants to build new
capitol. The American bankers are
never loath in these matters. They
see graft in every dollar Of this
construction Architects have es-
timated that at the maximum it
would cost some $4,000 900 to repro
duce this capitol. Machado expended
100000. How much did the
bankers keep and how much went
| to Machado?
The Chase National Bank helped
Machado/ steal $9,O0000 of money
belonging to Cuban pensioners.
There is letter in the Senate files
showing that u S. Ambassador Gug-
genheim and the Chase National
Bank authorities knew Machado
had spent for himself nearly all of a
100000 trust fund for old and
disabled government employees. But
they all decided to keep quiet about
it so that the enraged masses would
not overthrow Machado and thereby
endanger their grating loans.
Now these crooks want to be paid.
And Mendieta will find some means
of trying to force the Cuban masses
to pay
The Cuban loans" will be repudi.
ated-by a workers and peasants
government
nm June "a, there will be national
v protest demonstrations through
out England against the nefariouS
Sedition Bill, which is British edi-
ton of our criminal syndicalist
laws. On June 10, over 1900 dele
gates met in London at Memorial
Hall to plan a mass campaign
against this fascist measure. A CEN
trail demonstration of all working
class organizations will take place
in London at Trafalgar Square
simultaneously with demonstrations
throughout the country. THE gov
eminent doesn't want people going
round stirring up peace" said one
of the delegates at the anti-Sedi-
ton Bill conference. The Sedition
Bill, under the guise of making it
a prison offense to carry on prop
uganda among the armed forces,
opens the way for an attack against
all revolutionary propaganda and
especially against the fight on the
imperialist war preparations.
COME of the foreign capitalist press
" who expected Hitler to destroy
the Communist Party now must adj
NIT that they were wrong. For ex-
ample, the Dutch religious weekly
of Amsterdam, "Tijd en- Taak," on
June 18th wrote: Communist prop
uganda in Germany is extremely
active, and one is filled with adj
nliration at the intelligence, the
tenacity, and the patience, and most
of all the ethical courage with which
the unconquered Communist fight
ers, day in and day out, risk their
liberty, their health and their lives
to undermine the brutal dictatorship
of the Hitler bandits
I'VE know lot of naive souls who
argued as follows a year ago: We
are far from admiring the fascist
regime, but at least it has destroyed
Communism (Trotzky argued along
the same line). And what has hap
pened? The Nazis have annihilated
good deal in Germany: personal
freedom, religious freedom, the SOW
ereignty of law, humanity, in short,
almost all the achievements of the
mind in the centuries of struggle
against barbarism. But the only
thing it has been unable to destroy
-.