Shadows of Crisis Deeper as Workers Fight for Relief
Shadows of Crisis Deeper as Workers Fight for Relief WORKING people fighting for enough food to keep alive; industries, labor and natural resources that have heaped up vast surpluses of food and...
...The expansion of imperialist mastery to the lesser nations and their exploitation by banks and corporations of the powerful capitalist nations also bring them within the orbit of world capitalism...
...The depression affects not only the nations in North America and Europe having the machine and factory system, but also those parts of Africa, Asia and South America that have some installments of the system...
...shortening of the hours of labor and making room for more workers...
...we can produce enough shoes to supply ourselves and a population twice as large, and our building resources enable us to assure modern and comfortable dwellings to every family throughout the country...
...More than a hundred reasons were given as causes of these crises, ranging from the need of prohibition to lack of confidence by bankers and capitalists but workers offered the only suggestions that probed the depths of the horrible malady...
...The masses can consume what they produce but they cannot buy all that is produced...
...Occasionally they have been the beginning of a depression but underneath all these factors is another one that is basic...
...Ths statement by Marcy should sting the masses into a solidarity of action and this solidarity must run through all the states...
...We must wait for the depression to pass, he adds...
...These suggestions included the following: Building powerful 1 abor organizations in industry...
...Having passed through one such experience We should guard against its return, but this is not the first time we nave been plunged into this hell...
...Two committees of Congress, had spent many months investigating the disease...
...S. Commissioner of Labor, was Pj» in 1686...
...A half-century later finds us plunged into the most devastating industrial depression in all history...
...To fight our way out is a duty we owe to our families and to the workers in general...
...Fight for unemployment insurance and the 30-hour week I This week William I. Marcy, who heads the joint Legislative Committee on Unemployment, declares that unemployment insurance is doomed for this legislative session...
...We have waited nearly four years...
...Look at it as one may, there is no intelligent reason for it...
...ravings conceive of anything more absurd than this...
...The owners of finance and capital cannot consume it and they cannot sell it...
...It wae devoted to industrial kpweeione and their spread to nations that Py.etttcring the capitalist cycle of produc-IH' Wright pointed out that no matter what the form of government or taxation might be...
...Yet, there is plenty of food and much starvation, plenty of shoes while we patch old ones...
...It has been repeated a number of times since 1837...
...plenty of science, skill, resources, machinery and labor, and yet millions of workers are reduced to pauperism...
...In fact, the blight has come to many natiom that have hardly entered the cycle of modern capitalism...
...x?nus spread of the depression disease throughout the world was also evident in the ¦ark years beginning with the collapse of Capitalistic production of commodities Wlfale and profit and dependence of workers MWt owners of industry are the leading RMtores of capitalism...
...Shady finance, blocking international trade by tariff wars, speculation, gambling on the stock exchanges, war debts and reparations have contributed to making a bad situation worse...
...That is the hideous contradiction in the United States today...
...Capitalistic industry with machine production was developing in these nations and as the jjlfW' form of production appeared in each na-¦tte that nation was disturbed by depressions |n other countries...
...1 There were other crises before that year in •ome capitalist nations, but the one in 1817 hit the two .leading nations—Great Britain *nd the United tates—and only partly affected 'Mew other countries...
...The reason for this is that they supply raw materials and foodstuffs for capitalistic countries, and when the latter are prostrate the little nations feel the effects...
...plenty of building resources and plenty •f homeless families...
...m»» first annual report by Carroll D. KM™, YJ...
...So we are plunged into an abyss of despair because the capitalistic system of production becomes more and more unworkable...
...Marcy admits that he gets his cue from the employing class...
...The crash of 1857 was at severe but it also spread to Prussia, Austria, Belgium and Italy in varying degree...
...That duty becomes more imperative every day and for that reason we raise the banner of "Fight for Work and Relief...
...Wherever this system Minre it brings periodical crises and human Wff& to the wealth producers...
...The capitalistic system of production has spread to many nations since the collapse of 1873...
...The backwash of the world depression brings the curse of unemployment and stagnation to them...
...The margin betweep productive power and the purchasing power of the working masses has become wider with the substitution of machines for man power...
...Shadows of Crisis Deeper as Workers Fight for Relief WORKING people fighting for enough food to keep alive...
...For nearly four years politicians like Marcy in the cities, the states and the nation have postponed and postponed...
...increasing wages and, hence, purchasing power...
...Having reached this stage the industries are closed and the masses are locked out...
...No inmate of a madhouse could in hi...
...Fight for Work and Relief...
...no matter what money system a nation had or what its fiscal policy might be, it was effected by depressions to the extent that the machine and factory system had developed...
...We shall wait no longer...
...industries, labor and natural resources that have heaped up vast surpluses of food and other necessities...
...So the dark shadows of industrial decline with its misery for hundreds of millions of toilers have settted over the whole world...
...whether tariff or free trade prevailed...
...We have piled foodstuffs mountain high...
...In ths meantime workers' homes and families have been broken, babies have faded for lack of milk, and the jobless workers are treated as though they were paupers...
...abolition of the wage system and substituting cooperative production in its placet That is to say, nearly fifty years ago the only intelligent proposals made to deal with industrial panics were offered by representatives of trade unions...
...Volumes of testimony were recorded...
Vol. 15 • February 1933 • No. 8
