LABOR PARTY RULES LONDON
LABOR PARTY RULES LONDON Bankers Refuse to Lend to Retailers Who Are Being Driven to Bankruptcy Money lags Have Oodles off Cash. WMI. No Hop* for Little Follow* to Recover Old Breadline Awaits...
...This looks toward further limitation of profits and increase of the workers' income, which has been the theoretical objective all along...
...of last week gave the Labor Party complete control ior the next three years over the lives and welfare of over five million people I The Labor Party took over the government of London Wednesday •mid the passionate enthusiasm of the workers who jammed the galleries...
...The local members trekked long miles through bitter storms, slush and deep snow to deliver campaign literature' and pamphlets...
...WEVD New Leader Speaker Hid ii...
...Whether it will take any profiteers' scalps remains to be seen...
...In some countries the little fellows think that they can find hope in a fascist heaven.| Look at Germany, where they tried it.| The fascists put a rope over their necks and handed it to the big magnates...
...Industrialists making profits and lusting after even greater ones are not to be stopped by words...
...Mrs...
...and that the Workers of Argentina and of London flung back into the teeth of the reaction their answer to the murderous violence of Dollfuss and Fey and Starhemberg...
...Forget it They are losing to the exploiters...
...Government action must be in the direction of price fixing to protect the masses...
...SUrck ISr4, fr.m 4iM to 4iM r. M. willUni M. WttgmUmm...
...He disagreed, but said that his bank had several million dollars that it would lend to those who could convince him that the loans would be repaid...
...They are sapping the "backbone...
...An article with details of the triumphant march of Socialism during the past year will appear next week.] The London County Council election...
...No Hop* for Little Follow* to Recover Old Breadline Awaits Little Fellows Whose Position Under Capitalism, and a CommonAssets Are Pledged Mora nan S0% wealth of Workers It the Only Way Out CMALL merchants and shopkeepers are doomed unless the government makes them objects of charity, D. R. Doty, a Texas banker, told a group conference of code authorities in Washington...
...Protest is rising throughout the nation and is likely to play a big part in the Congressional and other elections next fall...
...It is as If the workers, beaten •own by brute force in Germany, •prang up in defiance in the cities •f Switzerland and in Norway, in Finland and in the cities of England and Scotland...
...He had heard some people say that "all you can get from a banker is a sympathetic attitude and two glass eyes...
...r Hnliburi W Th» Nt» Uidw will H« Ik* mnkir of Thf N«w ludir ».rl.d •( HUH...
...Upon motion of Herbert Morrison, so-called "Prime Minister of London," Lord Snell of Plumstead—the trusted and beloved Harry Snell—was elected chairman...
...The workers are under the boots of big capital and ao are these little fellows...
...There are other ways...
...Remember the old chestnut that the middle class "is the backbone of the nation...
...They are woree off than before...
...Tell nil these smill merchants they've got to go broke...
...Do these little fellows believe that they are going to recover their places in capitalist society...
...announced that the ?35,000,000 P»m clearance scheme of the Tories wouTd be scrapped as totally 'Inadequate...
...Mac lew...
...City after city, nation •iter nation registered magnificent Socialist victories, the London triunph being but the latest and the most spectacular...
...District Attorney Charles S. Colden invited Thomas and Hays to appear before the Queens County Grand Jury and offer whatever evidence they might have which the district attorney did not have...
...In Mot linen, in spite of the fact that the local was handicapped by lack of funds and no transportation facilities to enable it to cover the 32 square miles that comprises this town, the Socialist Party waged a splendid battle...
...Riley: "Don't you think that with, admittedly, the banks full of money and these small businesses facing the bread line, they'll find a way to get it...
...Administration officials from the President down are aware of the danger and will do their best to curb prices that run far ahead of wages and consuming power...
...Neither can obtain enmity under capitalism...
...Nevertheless, the average vote for the Socialist candidates increased 40% over last year despite a 9% decrease in the total vote cast...
...Calling of Thomas before the Grand Jury ia the result of charges by Thomas and Arthur Garfield Hays, chief of Terzani's counsel, that the prosecution mishandled the investigation of the murder of Fiero...
...The banker, gravely: "That is a serious thought" (Laughter...
...Is significant that the moment i he election returns were an|*nced the "National" govern, a*"1 •toff «n old and forgotten W**.'"* ?Un °t»t of the mothballs, Prices Rising Fast Under NRA While Wages Lag Far Behind COARING prices of food, clothing and other necessities are bringing increased hardships for the masses and threaten collapse of the whole NRA program...
...Lewis Silkin, elected Chairman of the Housing CommitW...
...WKVD (ISM It) Krld.r...
...at tk...
...Considering the fact that It was the first party ticket ever presented to Methuen voters, the 1,067 votes registered fosters strong Hope for future successes...
...Art J. Smith, self-styled com* mander-in-chief of the Khaki Shirts, under indictment for perjury because of testimony he gave at the trial of Terzani, is a prisoner in the Raymond Street Jail, awaiting trial...
...Evidence cited by apeakeri at code authorities group meetings indicated that many codes are little more than price-Axing setups, under which employers are making hay while the sun of Government money is giving soma semblance of life to business, industry and agriculture...
...Banker: "Oh yes, you could tax it out and give it to 'em, but that would be charity, not credit" \ David Owens of North Carolina, president of the National Retail Dry Goods Association, said that 6,000,000 persons are employed in retailing in this country, 12,000,000 stores are affected by the code and that their credit is exhausted...
...There is plenty of money in the banks, "but the trick it to get it," he said...
...The situation is known to be wrinkling the brows of NRA officials and Is perhaps their greatest worry Just at present The Socialist Party and the labor movement have pointed out the danger ever since the beginning of the NRA program, but NRA big bugs have not sensed its vital importance, though General Johnson has fulminated against it on several occasions...
...i-iook at the spinal column now...
...The small merchant has already pledged more than 50 per cent of his available assets, the banker will not lend him any more, and the government cannot help if it requires the same security the banker wants...
...High above these merchants and shopkeepers are the big masters of capital and finance organized into the greatest combinations ever known...
...The Socialist local Is leas than two years old and this is only the second election in which it has entered a ticket...
...She points to other more rapidly than wage payments dangers as follows: Norman Thomas Subpoenaed in Terzani Case IsJORMAN THOMAS, who headed *^ the defense committee for Athos Tersanl, charged with and later acquitted of the murder of his comrade Anthony Fiero at the Khaki Shirts fascist meeting In Long Island City last July, has been subpoenaed as a witness in charges of perjury growing out of the trial...
...The banker: "I can't figure any way, except charity...
...ihmIiI> •dltor »f Tk« N.w Lm4*t, will *»Mk frlesr, March IStk...
...Chairman Riley observed that "the small retailer cannot get loans, and we are told he must go out of business unless he can get credit...
...Political considerations, If nothing else, will force war against ' profiteering...
...Following only »' few days after the triumph of the Argentine workers in carrying Buenos Ayres by a plurality of 100,000 comes the greatest municipal victory in the history of the Socialist movement with the winning of London for the working class...
...It will take more than fulminations and denunciation to deal with the price danger, however...
...With the blackening ruins of Red Vienna still smok'ng after the bombardment of the workers' homes by the big guns of Little Assassin Dollfuss, the workers of London defiantly marched to the .polls and voted themselves into power...
...An increasing flood of complaints from every section pouring into Washington and heated discussions of price control and price fixing at the recent conference of code authorities here have brought the price situation to the fore...
...Hays were appointed members of the committee...
...Win Metropolis Afler Stirring Battle By William M. Feigenbaum ^JNF...
...Now the logic of events is compelling definite efforts to make it more than a theory...
...How can anybody, banker or individual, lend money unless he thinks he has asuurance he will get it back...
...Riley: "Oh, I don't mean with a gun...
...Only a very big stick will have any influence on them, and there is grave doubt if even the biggest stick can discourage them under the present system of, by and for profits...
...Judge Samuel Seabury and Mr...
...Immediately thereafter Frank Moffer, who confessed the Fiero murder, and Smith were arrested...
...Easthampton, an industrial town of about 10,000, which in 1932 cast —according to percentages—the second highest Socialist vote in the st.-te, entered the municipal elections on March 12...
...What are we going to do...
...The NRA Consumers' Advisory Board, which Is specifically charged with the duty of protecting the nation from price gouging under the recovery program, is waking up from a long sleep and everything indicates that it will be forced very soon to go on the warpath...
...SOCIALIST GAINS IN MASSACHUSETTS Encouraging news comes from Massachusetts as a result of two recent town elections...
...For instance, couldn't it be taxed...
...Thus is continued a remarkable series of Socialist victories that began almost immediately after the accession to power of Adolf Hitler was supposed to have sounded the death-knell of Socialism...
...A Socialist commonwealth Is the only way out Join the working class movement for you are on the road to the jobless army...
...The Invitation was not accepted and Hays requested an Investigation of the case by the State Bar Association...
...Mary Harrlman Rumsey, chairman of the board, says that board charts and Indexes strongly indicate that while there have been net Increases in purchasing power since inauguration of NRA, rising retail prices have partially offset the increase and retarded the recovery plan by increasing prices have increased...
...after another the great cities of the world are being iwept for Socialism...
Vol. 27 • March 1934 • No. 11
