The daily worker., 1934-12-06
Japan TAKES LAST
STEP FOR SEIZINC.
CHARHAR PROVINCE
MOIey Calls Profit
New Deal Aim
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Continued from Page /
masses as a promise for a new So
cial order, have been a monstrous
and deliberate deception.
Crisis Deepening
Asserting the futility Of the
Roosevelt policies as the solution
for the crisis, DR.. Virgil Jordan,
President of the National Industrial
Conference Board, proclaimed, as
the manufacturers listened in grim
silence, that:
I'VE are little, if any, nearer
recovery today than we were two
years ago when political changes
interrupted the early stages Of
the process of recovery which had
begun in the Summer of 1882.
The total volume of industrial
production in the Fall of this year
was not very different from that
of the Fall, 1888 or the Fall of
1892. There has been little
growth in the aggregate produc-
tion of goods needed to maintain
the present and raise the future
standard Of living"
Admitting that the whole effect
of the N.R.A. codes was to intensity
the Hoover spread the work pro-
gram within the past eighteen
months, DR.. Jordan blasted the re-
employment ballyhoo of the Roose-
Yelt government by stating:
Although the number Of persons
employed has been larger, the total
man hours of employment in man
ufacturing shows no great increase
over this period. While great
changes have taken place in prices,
wage rates, currency, credit, ETC.,
the problem of recovery remains
substantially where it was two years
ago."
Fascist Proposals
In a remarkable statement, preg-
nant with fascist political implica-
tions, DR.. Jordan warned:
The government is in fact in
the hands of an organized mob, and
no matter how idealistic its lead
ers or representatives may be, it is
impossible for unorganized industry
to cooperate with a mob if recovery
is to be on the basis of private en-
terprise. .. The government must
shift to industry both to respon-
Sibility and the power to act, and
stand by only to see that the es-
sential job of recovery is done and
done well. Industry must have
plan Of action for itself, pro-
gram of specific things which it will
undertake to do and an organized
machinery by which these things
can be done"
Referring to the strikebreaking,
open shop, wage-cutting program
for recovery, which the National As
Sociation of Manufacturers proposes
to present to Congress in January,
DR.. Jordan said;
THE time for a plan and a
method of action has come, Your
platform today and the events of
recent weeks are only the first
steps. Much more must be done
and done swiftly
Warning the assembled monopo-
lists of the rising rehabilitation of
the masses, DR.. Jordan declared:
What is needed is a carefully
and cOurageOusly laid road along
which industry will undertake to
move of itself. This is the
last call for recovery on the basis
of private enterprise. And unless
it is answered decisively in the
next six months, it will be too
late"
Emphasizing and confirming this
fascist invitation to Wall Street
monopoly capital, Raymond Moley.
leading publicist for the New Deal,
invites the assembled manufacturers
to be prepared to take control of
the government in the event of a
radical upsurge of the masses. Moley
declared:
VIII Need IndustrialistS"
ut seems to me that even if some
radical like Sinclair should conceiv-
ably win control of this country.
ordinary citizens like myself will still
need you in order to keep things
going. You will have to run indus
try, in any event. In fact, I, par
ticularly, want you to keep on run
ming it. . feel a profound mu-
mility when 1 contemplate the tre-
mendous responsibilities that YOU
have met and are meeting day after
day, and I have the greatest con-
l1dence in your ability to continue. 4"
Anti Strike Laws
Moley painted a picture of the
tremendous devastation which has
been wrought by the capitalist crisis,
pointing to this devastation as pro-
yidlng an opportunity for a renewal
OF production. He showed that there
is available sixty-five billion dollars
of potential demand for goods which
industry is not now fulfilling. un-
aware that this figue is evidence
not only Of the size of the potential
market but is even more an index
to the poverty and destruction which
has resulted from the deepening
crisis.
Sounding the keynote in a well
coming speech to the assembled in
dustrialists, c. L. Bardo, President
of the National Association of Man
ufacturers, continued the open shop
offensive preparatiorfs which have