The Waterbury Democrat., 1936-04-18

for expansion, 8 war for colonies is a war for imperialism. An imperial ist war, is a war for finance capital. No matter what the result not a single penny will go into the pock- cts of the workers. On the contrary they will pay, and dearly too, to fill the coffers of the rich.
 The result of such war can be no other than the extension of the power and influence of the capital ist class.
 Fascism In power is the open ter- roristic dictatorship of the most re- actionary, most chauvinistic and most imperialistic elements of fi- nance capital.
 MT. Murno mentions "a new order of things that is embodied in the cooperative state." Let us look at this Mussolinian institution of class cooperation and see what 1t has and is yielding for the people of Italy.
 This institution might be consid- cred an economic institution with economic functions. Yet MT. Murno says this 'The stabilization of the national economy is not the aim of fascist state" What b the corpora tive state then2 Mussolini himself in a speech to the Italian senate on December IS, 1930, will at least fur nish some light on the effects of the great cooperative state. He says Fortunately the Italian people is not yet accustomed to eat several times a day. Its standard of living is so low that 1t feels scarcity and suffering less"
 In 8 report by Biagi, Sec. of the Nat. Confederation of Fascist Syn- dicates, in the Corriere Della Sera, March 26, 1882, he gives some in- teresting figures.
 Between June, 1927, and Decem- Der, 1928, wages fell by about 20 per cent as 8 result of agreements be- tween masters and men A further drop of approximately 10 per cent took place in 1929, and in November, 1880 there was a general downward movement, in some cases not exceeding IS per cent, but in particular instances involving as much as 25 per cent. Moreover we must not overlook the fact that many adjustments were made in 1881"
 This makes successive cuts, first of 20 per cent, then of 10 per cent, then of 1925 per cent, in addition to many other adjustments" The importance of the fascist corporate system, making strikes @ penal of- fense is obvious.
 The destruction of all independent workers organization, the complete slave subjection of the workers to the employers, the abolition of the right to strike, and intensified ex- oitation-this is the sole and en- tire reality of the cooperative state for the working class.
 On the last point there isn't the faintest doubt that that is just what is going on in Italy. The fascist re- gime has completely suppressed the customary published information concerning its national economy. Its aim is to conceal the ruinous con- dition of Italian finance.
 Mussolini has thus for succeeded in keeping the major reports o1 financial scandals out of the capi- talist press. However, on December 31, 1885, in an obscure corner of the N. Y. Times there appeared short but sensational item. Here 1t is 1T full:
 Trieste, Italy, Dec. 30-(AP)-Th' government fined 27 bankers @ tota of i've million lira after they has been convicted of irregular activities Seven were sentenced to long term in prison. One Albanian was expel led from Italy and two private ex change banks were closed. Il The story goes that Q group o
 Italian notables under the leader
 ship of the high offlcial of tn
 Italian Credit Bank, Feltrinell
 convinced that the fascist regim
 faced e debacle to save the for tunes of himself, his associates an Duke Viscount de Mandrone, Mayo
 of Milan, illegally exported one bil lion lira $80.000.000) to Q foreig country.
 , Feltrinelli. caught in the act, com mitted suicide. Mandrone was re moved from office. Grand Ofacii Mattaloni, Mussolini's brother-in , law was a member of the group. to . gether with High Ofiicial Rossi an Honorable Motta. These names CT } on the tongue of everybody in con |. nection with this scandal.