CAPITALISM'S NOOSE
CAPITALISM'S NOOSE??
I AST week we referred to the fact that fourteen nations had defaulted on their debts. Cuba joins the list and adds $60,000,000 of unpaid loans made by American tankers. Most...
...They pull against each other...
...Our cities cannot collect taxes to pay interest and principal of their debts...
...However, that is what agriculture is facing in the world market...
...That enterprise as started without capital in the usual sense...
...Foreign nations cannot ell goods abroad to get dollars to pay American,creditors...
...And the Socialists are jus,t starting...
...The old Tory majority thereupon decided to sell the site, but the Labor majority has countermanded the order to...
...On the housing side, several additional areas are to be cleared...
...Since Its victory at the March election the Labor majority on the Council has lost no time in pressing forward with its policy, he says...
...neighborhood lest the value of their property should be affected by the presence so near at hand of working people...
...The 23 have brought suit which challenges the right of the government to enter a field now occupied by the coal barons...
...Now, boys and girls...
...still have savings not yet exhausted and how many are...
...Probably the coal will disappear and the machinery as well...
...it was financed on community credit, backed by community resources, and it has not cost the people of the city one farthing...
...Beachsaont, Mass...
...the suffrage some states in granting it made one exception ; they withheld it from those who were receiving town relief on the ground that they were paupers...
...Even if such an agreement were made we doubt whether it would help, for all the grain nations might pledge one thing and actually do another thing...
...The question is worth some consideration...
...Most South American nations had already stopped payment to American creditors...
...As we state on the first page, the police of capital-ism ha ve about concluded that many millions of jobless will be a permanent phase of capitalism...
...I found this an easy and successful way of getting new readers for The New Leader...
...Watch out for this impudence and hit it wherever its ugly head is reared...
...In some cases where a whole dollar is too big a sum to pay all at once—and there are plenty of such people in the richest country on earth—I collect 25 cents weekly until the full amount is paid...
...Dear Comrade:—I am herewith enclosing check for $10 and ten subscript ion cards...
...A tear is also shed for miners who may lose the blessed privilege of serving as human merchandise to be picked as the owners want them...
...New York to Hold State Contention This Week-End...
...Much time has been occupied with settings the Council machine going under the new conditions, but the policy decisions already made by the Labor majority are imposing, as the following bare summary shows...
...This special committee has been scrapped...
...to consider the possibility of joint action to secure legislation raising the school-leaving age to fifteen...
...New York's state convention, to nominate candidates for the fall elections, to adopt a platform and resolutions, and to plan a state campaign will be called to order Saturday morning, June 30, at the Labor Temple, 243 East 84th St., New York City...
...Down all the streTtirtrf liistory no social order was ever a more miserable failure...
...As this is written Germany's "old coverage has almost ¦disappeared and the masses are stocking up with goods, anticipating a rapid decline of the mark...
...We hope that no one will be so brutal as to eat the "industry," but if the gunners lose it to state capitalism we will try to bear our misfortune...
...Commonwealth Day" celebrations —shorn of any militaristic taint— took the place of the unpopular "Empire Day" celebrations on May 25th, which gave the Tories so much opportunity for imperialistic propaganda in the schools...
...Before making a new subscriber I supply him with several copies of The New Leader and other Socialist literature (of which I always carry a good supply...
...Our masters look back to the days of the powdered wig and silk breeches when it was the custom for workers to doff their greasy caps to their "betters...
...A conference of local education authorities in Greater London is being called by the L.C.C...
...By Harry Rosenbanm...
...The gunners are 23 coal corporations and the National Coal Association whose banner bears the dollar sign...
...THE HOPELESS ARMY...
...That is one reason why they are talking of various forms of inT surance and hope to place some of this waste product* on-small plots of land...
...The second was to work for the municipal tramways, the third the municipal bank...
...The Finance Committee of the Council has made provision in the London Money Bill now before Parliament for increased capital expenditures which may become necessary this year—particularly for housing...
...The gunners declare that the project "constitutes a grave menace to the bituminous coal industry...
...Every phase of the wreck is an argument for Socialism...
...WHO^JRE WE...
...getting aid from relatives...
...The Labor majority has declared its intention to carry through the Council's slum clearance program in a lesser period than the ten...
...The International Wheat Commission in London has about given up in despair...
...Dirt Farmer: Look not to the statesmen who promise to do you good...
...The municipal transport services sponsored and directed by Khe Labor government are a debt-tfree asset worth over $50,000,000 to the people of that great city...
...By William M. Feiqenbaum...
...DOING TH^FARMER GOOD...
...He declares that "at more than one trade convention they've broached the thought that persons accepting relief from public funds should be disfranchised while they are on the relt?f rolls and for one year thereafter...
...Who pre we...
...One can only guess how many...
...A writer in the New York Post points out that the National Association of Manufacturers is pushing this idea...
...Go Thou and Do Likewise...
...Farmers cannot sell enough products at prices that will enable them to pay their debts...
...and not entitled to Vote...
...This will be the first Socialist state convention in that building since 1906, when John C. Chase was named for Governor...
...There will be a convention banquet Saturday night in tht Labor Temple amidst the familiar German proletarian surroundings of that working class building...
...Argentina is a large exporter and declines to enter any agreement...
...On the other hand wc have a juicy plum to pick "on the way out...
...Under the Housing Act the government will organize a mutual insurance corporation and 200 million dollars of government funds will provide a revolving credit...
...I want to call to the attention of the comrades who are interested in getting subscriptions to the method I am using...
...This may seem a little slow, but it usually helps in getting interested in the movement those we need most...
...The hours of attendance of the unemployed at nonresidential training centers have been reduced from thirty-two to twenty a week...
...There are at least twenty or thirty millions without an occtipath-n...
...The Tories had also set up a special committee on local expenditure, whose job it was to apply as fast as it could the notorious "economy" report submitted by the committee appointed in 1932 at the instance of the "National" government to make recommendations ffjy-economies in local expenditure in England and Wales...
...State Chairman Louis Waldman will open the sessions...
...To Editor of The New Leader...
...The robber barons hurl workers into unemployment and then hint at depriving the jobless of the vote as well...
...Wheat it still in a bad way...
...pHE chairman of the Code Authority of the Asbestos Industry, Lewis H. Brown, thinks that "we are on the way out of the depression...
...THERE are 16 million human beings on relief rolls in the United States but they do not include all who are receiving relief...
...they do—if you get what we mean...
...sell and will press forward with houses there...
...A site In Claphan, Intended for housing, had been objected to by the comfortable classes in the...
...1 very body wants to pay and nobody can collect...
...It has been decided that the Public Assistance Committee of the Council will not send married men to residential raining ^centers for the unemployed except in exceptional cases...
...They will have to be kept alive by charity...
...How Socialists Rule Two Great British Cities...
...Within two or three months of their assumption of the rule over London the Socialists have worked out their plans...
...As worked out, "this mutual insurance corporation could at some later date be taken over as a private institution and operated in the same way that a mutual life or a mutual fire insurance company is operated...
...The first thing the Socialist regime did was to lower the rate of interest paid to banks on loans to the city by one per cent, and out of the money thus saved to restore the previous level of wages to city employees, slashed by "economy" of previous regimes...
...Everybody wants to collect and nohody can pay...
...I then find that Invariably when I approach him for % subscription afterwards there is no difficulty in getting one...
...Millions of workers are to remain beggars while the big boys of capital are to fall heii to a cool 200 million dollars of government funds...
...DLSraANClSsiNG THE IDLE...
...Waterloo Bridge, one of the most important in London, has been unsafe for years, but no decision as to its fate had been reached, in spite of interminable discussions* Labor has shown its determination to end this long-standing scandal by deciding to demolish the old bridge and build a fine new one carrying six lines of traffic...
...GLASGOW'S municipal' bank, planned by the Socialist government of that city, will be registered and operating by mid...
...And while Glasgow, the second largest city in the British Empire, is, showing how the workers can run a city and begin a program of municipal Socialism, London, the largest city in the Empire, is planning a long-range program that...
...This enterprise is the direct and Immediate result of the taking over of the city by the Socialists following the election victory last November...
...The convention will continue for two days, and'Will adjourn Sunday night...
...It has registered well with industrial magnates...
...July...
...IN the old days when the workers were fighting for...
...Are we to face this issue again...
...Brown tells us about it...
...UEAVY guns are being trained upon the Tennessee Valley Authority, a government project for giant power in connection with Muscle Shoals...
...Not a menace to the barons, not a danger to their profits, but to the "industry...
...IF some witless creature were to suggest that to pull a heavy truck out of a nnudhole four teams of horses be hitched to it, one each in front and rear and one each on each side, we would hustle him off to a padded cell...
...Kindly send me a copy of Morris Hill-quit's "Loose Leaves From a Busy Life...
...World capitalism is facing repudiation of external and internal debts...
...Industry" is a "blessed word" that conceals the gentlemen who own mines and for that reason it is used...
...Some of the meanest "economies" of the previous Tory majority in connection with education have been reversed...
...Formed last August, it had hoped to improve Wheat prices but no progress has been made...
...Many industrial workers, even those who have jobs, cannot, because of wage reductions, meet their obligations...
...Herbert Morrison, leader of the Socialist majority in the London County Council, reports upon the work already accomplished, and planned, in the Metropolis...
...Among the delegates to the earlier convention who will attend this year's gathering are Julius Gerber and Algernon Lee...
...will place that great city in the very forefront of the cities of the world, that will make London the New Vienna...
...However, the word ?ve does not include the working class for the gentleman believes that wb,en ive get out, millions of workers will stay in because capitalism will have no use for their labor power...
...PITY TIi¥"mDUSTRYM...
...Wheat prices are determined in a world market that is flooded with grain...
...iN |w Dealt and Old Dealt have been tried and production for profit simply coils a rope around neck* and everybody gasps as capitalism is stranged by its own absurdities...
Vol. 17 • June 1934 • No. 26
