Halasi Challenges Baird on Economic Advantages of Bretton Woods
LETTERS To the Editor Halasi Challenges Baird on Economic Advantages of Bretton Woods from ALBERT B. HALASI Keiearck Attociate, American Labor Conference on International A fan* To thf...
...Published is the region of Lyon, it hss a wide circulation...
...The establishment of a fixed ratio between the dollar and other currencies which Mr...
...A Note on the Jews of Algeria frame CLAUDt kit HAY To tk* Editor...
...The second is in the middle of the very lost paragraph in the article (p...
...I think it is moire X likely that a withdrawal of the United States from international cooperation would drive foreign countries into a "hermetic isolstionism," away from the United States, and that this is the danger which is most significant for world peace...
...I. Mr...
...This sort of thing is just whit one would expeel of the butcher of Albecete...
...Baird attacks the Bretton Woods agreements on the ground that they cannot solve the problems of unemployment and international trade...
...On the contrary its abstract expositions are filled with provocative -phrases...
...Baird suggests that one of the msin obpectives of the agreement is the international stabilisation of nationsl currencies, snd he seems to object to this...
...Baird were right in the contention that they would imply some economic sacrifice, would it be proper to condemn thia "act of American generosity" aa he calls it...
...The crucial question is whether this purchasing power will be actually spent for American goods and services, if the American people produce a high national income which they do not spend entirely (if, thst is, they prefer to ssve more thsn they spend on consumption or investment) the sale of American commodities to foreign countries will be an important means of maintaining production at full employment levels...
...Horace Fries Offers A Correction frmm HORACE S. »ffS To tk* Editor: . It seems likely that the linotypers ara not conditioned to philosophical jargon, for in two places of my article on I* a democratic Collectivitm Pouible occur proof errors which distort the meaning...
...Baird'a article, and at the same time make the point that even if his statements in regard to the Bretton Woods agreements were not completely false, his views on what would be the right attitude of the United States toward other countries would still be highly deplorable...
...Tkty mr* an attempt t* fulfill seme very important prerequisite* of a rational and good-neigkboi ly tolutiou ef tkoie crucial problem...
...LETTERS To the Editor Halasi Challenges Baird on Economic Advantages of Bretton Woods from ALBERT B. HALASI Keiearck Attociate, American Labor Conference on International A fan* To thf Editor: ALEXANDER BAIRD'S attack on the Bretton Wood, agreement*, in hia article in your issue of September 9 entitled "Will Uncle Sam Be the Sucker...
...The committee affirms that the contents of the journal, which pretends to represent th* French resistance forces, are filled from end to end with' a partisan spirit...
...This is an economic fallacy...
...8, Aug...
...Once sgain these "eomrsdes" engsged in a merciless fight against the common enemy have undertaken a smear csmpaign...
...This paper refrains from giving definite directives corresponding to the present situation in Frsnce...
...If this is so it must hsve tsken piece during the brief period when Nssi influence was dominant in Algeria...
...Can we maintain political security in an impoverished world if the richest country in the world withdraws and refuses to help other countries in their reconstruction snd development...
...Baird believes that the less than $0,000,000,000 contribution which the United States is expected to make to the Fund and the International Bank together (a lump sum, not an annual contribution), would reduce the purchasing power which is available in this country and would thereby destroy prosperity...
...One unadorned bit of news reveals the inward state of sffairs...
...Both are in Part II (the 3rd section on "Democrscy...
...Baird would still be wrong . The rest problem of postwar prosperity is not whether there is enough accumulated purchasing power in this country...
...t. Mr...
...It appeals to its readers to rise up against the imperialist peace and against th* capitalist regime by enlisting as largely as possible in the Franc Tireurs snd in the camouflaged divisions of the srmy in order to prepare in advance the cells of the proletarian Red Army of the future...
...At this time while the enemy oppresses our country, any divisive force, whether anti-capitalist or anti-Communist, is sn ally of Hitler...
...It if probably this error of fact which leads him to the romment on the freedom of Crest Britsin (or of any other country) to determine her own domestic or monetsry policies "as being outside the Fund's competence"— a situation which Mr...
...1 should like to point out some of the errors in Mr...
...This publication appeared doring the earlieat times of the oppositisa when Ribbenthrop was still willing to shake hsnds with Molotoff...
...Even if the contribution were not as small ss it is relative to the expected nationsl income of the United Ststes (ssy $140,000,000,000 s yesr) snd the need of foreign countries for American loans (ssy $13,000,000,000 a year for many decades), and even if, in order to pay the contribution, the United States Government should be forced to reduce the accumulated purchasing power available for domestic use—s completely unwarranted assumption—even then, Mr...
...The man* is guilty of treason to the most elementary rules of solidarity in a national struggle against a foreign oppressor...
...1944...
...In all of North Africa, from Morocco to Egypt, there are not a quarter of a million Jews...
...4 Mr...
...It can lesd only to a breaking of the unity of patriots...
...Bat even if Mr...
...Finest Publication From MARY S. LYON To tk* Editor: As a worker and member of the Brotherhood of Railway and Steamship Clerks, I would like to congratulate you on your paper as one of the finest liberal publications I have ever seen...
...The French should not allow themselves to be deceived by violent and revolutionary language...
...Although tariff rsductions would be desirable for other reasons, even a high foreign lending by America would not require tariff reductions during the rest of this century...
...Let me simply state that, desirable as tariff reduction may be from many points of view, the Bretton Woods agreements do not imply tariff reduction by the United States...
...Therefore, officially, it is not known how msny Jews there sre in Algeria...
...As a matter of fact, quite the contrary is true...
...BAIRD is afraid that the Bret, ton Woods agreements would make tariff reductions in the United States inevitable and that increased competition from low-cost-producing countries would be ruinous to the American economy...
...Are then not blind and greedy who reject the participation of the United States in an international tcheme if they believe,/ rightly or wrongly, that it involve* torn* tacrifice...
...I think that the only place in North Africa, where Jews are counted with the Moslem population is in the little littoral of Spsnish Morocco...
...Baird is afraid that "a more hermetic isolationism" will be revived in the United States as a reaction to American generosity...
...has outdone almost everything that reactionary bankers and politicians have said on the subject...
...There is no space here to discuss the tariff question...
...But it is frankly n revolutionary socialist journal Ths Communists cannot permit the existeac* of such an organ...
...The sentence should read: ' Thus even more important than its implications for god-ideas is the fact that the justification of the "method of intelligence" does not hinge on distant hopes...
...This paper is eailed Inturge...
...Expose Marty Slander on French Socialists From MAHCtAU PIVEIT f* tk* Easter: In France, despite cruel repression, <«• underground paper has loyally kept th* flag of socialist internationalism tytet against dictatorships, all national..^, all secret services dad all class collshsrs, tienists...
...3. Mr...
...In this negative sense, domestic monetary policies are not outside the Fund's competence, and this is all we want...
...And they have all the privileges of Europeans...
...My statistics show that in the nineteen thirties, there were 6,553,451 people in Algeria of which 920,788 were Europeans, including Jews...
...9) where "god" was changed to "good...
...Bend seems to condemn...
...You may be sure that I will do all I can here its Philadelphia to acquaint my friends with the merits of The New Leader...
...At the very time when the Stalinists were making this attaqjc on the Socialists, one at the responsible leaders of the Socislist underground movement was seized »f the Gestspo and has disappeared...
...There will be enormous amounts of accumulated purchasing power available, several hundred billions...
...28), where "voluntary" appears instead of "involuntary" in the following sentence which I correct: In a non-participating "democracy" the decisions are either those* of the chief executive and/or the involuntary, accidental outcome of the clash of interests...
...Marty declared : "The Gestapo publishes pretended underground papers like the Inturge ot Lyon in order to arouse the fear of s 'proletarian' or 'communist' insurrection rather than to encourage such a nations...
...For the Cremieux Decree of 1870 made Algerian Jews French citizens en bloc snd since Jews hsve been counted with the French populstion...
...Providing the maintenance of full employment, appropriate exchange rates, and a steady flow of American lending year by year—the prerequisites of fruitful foreign lending — debtor countries will be able to continue their pun-hares of American goods and in addition to service their debts, even if tariffs remsin essentially unchanged...
...Even if, besides the United States' contribution of $3,175,000,000 to the International Bank, American capital owners were, in addition, to lend to foreign countries 4 or 5 billions annually lor several decades, even then it would not be necessary to lower American tariffs on th%» account...
...On this account the Patriot, organ of the national front for the liberation of France, denounced this paper in its issue of November 1949...
...Under such conditions the annual growth or national income in the United States (due to technological progress snd population growth) will entail such an increase of imports into this country, even with the existing tariff structure, as will be sufficiently high to take care of the payment of interest, dividend, and amortisation by foreign debtors...
...A rigid stabilization, however, wss not intended in the sgreement...
...The first is in the very middle of the first column (p...
...The most valuable part of the agreement is that the Fund is not allowed to interfere with the domestic monetary policies of a member country, but cannot reject a change in the exchange rates of this country whenever such domestic monetsry policies (pursued in connection with the maintenance of full employment, or social security measures but not followed by similar policies abroad) lead to an adverse balance of payments...
...uprising as is being organized by General de Gaulle...
...If there re, as Senor Molina says, 6,247,432 nstives in Algeria (including Jews) and 4,541,325 are Moslems, then according to Senor Molins' fantastic figures there are 1,706,107 Jews in Algeria...
...In the French protectorates of Tunis snd Morocco Jews sre counted separately from the Moslem and Berber population...
...Senator Albert D. Thomas rightly formulated this point when he ssid "the blind snd greedy will find that man enslaved by want will seek escspe from the freedom to starve" (The Fottr Fear*, Chicago, Ziff-Davis...
...Hand criticises is only sn initial step, snd the rstios can slwsys be modified subsequently...
...In the picture of the underground press ss it appears in Algiers, Inturge hss always been given a prominent snd honorable plsce...
...Such an infamous slander requires no comment...
...For the French there is now only one insurrection...
...In London the propaganda committee of the French has reproduced tin paper photographically...
...The first move was to publish a warninging in another underground paper under their control, under the heading, "Against the Disrupters: Wsrning to the Executive Committee of the National Front (Southern Division): For sons time there has been distributed in ths region of Lyon an underground paper called the Inturge which pretends to bt a socialist journal...
...It is the armed rebellion organized by patriots for liberation and against all the agents of the oppresser whether open or camouflaged.'' This singuar warning which smells of Stalinism at a hundred paces is reprinted by Andrei Marty in his Algerian Communist paper of May 10...
...To my knowledge, no one ever believed that they could...
...In this article entitled, The Moslems of Algeria, in The New Leader of August 19, N. Molini y Fabrega states thst "lews are counted with the natives of Algeria...
...The Brettoa Woods agreementa will be of great economic advantage te the United Ststes...
Vol. 27 • September 1944 • No. 39
