The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-01-06
BY MILTON HOWARD

A LEADING New York newspaper
n carried in its issue two headlines.
one a flaring headline across the
page, the other a small headline that
you would easily miss if you didn't
look for it.
The large headline declared. La
Guardia Begins War on City Crime
The small headline stated simply
La Guardia to Confer With Traction
Men"
Here the workers OF New York have
clue to what is coming from the
La GuaT6ia administration, and how
it is being put over.
fake campaign Of ballyhoo against
crime, graft, etc, behind which La
Guardia will carry out the program
of Wall Street, the program of the
seven-cent fare, wage cuts for civil
service employees, reduced relief pay
me1ts, heavier taxes, etc. That is
the strategy Of La Guardia.
I A GUARDIA says he needs $25, 00O,-
IL coo. He needs it some time before
Feb. 1. At least, by that time he
must be reasonably sure of being
able to get it. He needs it to bal
aIce the budget" to keep the prom
lses he made to the clique of Morgan
n R0c} efeller bankers who put him up
flee.
HON does he need the money?
is this balancing the bud
How is a budget balanced?
ON is it balanced? Who pays
lis balancing?
works this way. The city spends
Alions every year for police, graft,
eruption, and expenses" The city
budget is about $500, 100000 a year.
That is supposed to be what it costs
TO run the city 1t has been figured
out that the city could be run with
much more benefit to the masses on
one-fifth that anlount--if the city
were not q capitalist city, ruled by
capitalist agents.
OF the city's fixed expenses, $780,
900, 1000 goes every year in interest
snd loan payments to the Wall Street
baedyers eli the Chase National Bank
and Bankers Trust. Rockefeller con-
trols tf1s Chase, and Morgan controls
the Bankers Trust.
So 10 per cent Of the budget goes
right into the pockets of the Rookie
SELLER Morgan banks.
II there is any danger that the
city cannot collect enough to pay its
Ia office holders, and at the same
time pay the s100,000,000 that the
Bankers collect without doing one
Engle stitch of work for it, then the
city's budget is unbalanced The
income is not enough to pay the lex
senses
There are several ways of balane-
ing the citys budget. An exceed
ingly simple way is to simply tell
the multi millionaire Wall Street
bankers that since they don't con-
tribute one single ounce of human
welfare or benefit to a living soul,
but simply drain the city's population
of 500, 100000 every year, the city
has decided to stop once and for
all this annual $4,000 900 stickup.
stop the payments to the parasitic
bankers, and the eity's budget would
De balanced" To plain man that
would seem to be the sound way of
balancing the budget" That is the
method the Communist Party pro-
poses.
Duh La Guardia has another way
~ the capitalist way He has prom
Ased the bankers that the Unter1nyer
tax agreement is sacred" and they
Will get their hundred million right
on the dot every year Who is going
70 pay for it? You and l. Every
worker and his family, every small
l1ouseowner. every civil service er1l-
ployee, especially in the lower brack-
cts, every school teacher, hospital
worker, welfare worker, etc.
Instead of making the bankers pay
for the adequate feeding of the 1,000,-
600 job1ess workers in the city instead
OF reducing the heavy tax burden
which rests on the masses, the in
famous water tax, which every work
err pays out in increased rents, La
Guardia is moving swiftly to raise
the subway fare, cut the wages of
the civil service employees, and to
keep all jobless relief at starvation
f11inin1un1s.
IA GUARDIA is slick. He is not
" like the Tammany hack, O'Brien,
who could hardly talk straight. But
he is carrying out the Job for the
Wall Street bankers that O'Brien
could not carry out.
La Guardia is carrying on a ire
mendous fuss about graft" against
crime" etc. posing as one who will
clean up the city" He will I'M
ever a few eockroach crooks in the
\ administration. He wiz lock up
fH sw small time gangsters. And
~ newspapers will raise huge clouds
int to celebrate these events