PROFITS AT PEAK AS UNEMPLOYMENT GROWS
PROFITS AT PEAK AS UNEMPLOYMENT GROWS Many Big Earnings Reported Goodyear Rubber Has 50 Per Cent Increase; N. Y. Central Has Best Year Ever; Gas Co. In Clover 'J'HE periodical breakdown...
...It is to be hoped that our new treaties with them will be better drawn than the French . treaty...
...Well, maybe...
...We must travel the hard road of some measure of world government In an interdependent world...
...We will never get out of our factional confusion and weakness, we will be cut up In detail and it will be eternally too late...
...The executive officers reported that it was found impracticable to call together representatives of the north-weajj states last fall as ordered by the state convention last September...
...One dorm of public works, the most necessary of all, will hot be begun because-it is not yet authorized...
...The United States had already entered a period of industrial stagnation in 1914 when the World War broke out and American capitalism, like a vampire, recovered by feeding upon the destruction wrought by the ruling classes abroad...
...But the fact of our intervention stands...
...Whan I hbar speakers like the one just, before me I am reminded of Lenin and Trotsky...
...Diplomatic caste feeling, the loans that Latin American governments now have or hope to have, their rivalries with one another, and Mr...
...sincee when is it the business of boys Kansas and other states to waste their lives and our money on a war which is far more surely in the interest of a few planters and wvestors than of the Nicaraguan People who ought to manage their own affairs...
...If we do not use this year of presidential election to get together...
...He was formerly editor of Dawn, a Social-' 1st paper published at Myton, Utah...
...It is general throughout the country...
...Hughes' clever diplomacy made any effective protest against our intervention impossible...
...In Cicero, for example, there are more than twice the number of men for the Jobs that are available...
...The point is that in dealing with weak nations the United States constitutes itself prosecutor, Judge and Jury...
...The remedies these progressive farmers thirds" of tend in the direction of Socialism—state and government aid in control of the surplus and marketing...
...Here are some of the things-he says: "Not long' ago a good farmer radical In western Colorado wrote me saying, 'Our leaders are always telling us to unite and stand'together—and yet they never unite, . but piways give us three or four different tickets...
...Of course this improvised program hi not - adequate...
...We must play it with the sole aim and usapuse of stabbing power, for power is- what we- sense henrs< and the only road to power is to unite, unite, united Karl MarxftoM us wbWT-to do...
...People now five in old law tenements because they cannot afford to live elsewhere...
...Yours Truly, A MAINER Brooklyn...
...It may tw tJb* served that If such a progress had been adopted this building of decent homes for the worttera «f Nehr York would of itself basis boa* a tremenOous offset to...
...Our pledge to enforce toe status quo by arms would be as bad for Europe as ourselves...
...By our prucisaatlnirt«sV and ddmyf by...
...We ought not to Join the League to1 enforce Europe's peace...
...Hence the Importance not only of a good general Idea but of the details by which it is carried out In treaties...
...We must discover and provide flexible machinery for adjusting disputes...
...The message is from Morton Alexander, editor of Humanity, a - farmer-labor weekly published at Arvada, Colorado...
...They ought to provide, in other words, better substitutes for war...
...They have not changed in then- furjdastental beliefs through all the Intervening years of war, reaction, persecution, and worst Of all, disintegration of the movements they held most riser Putlog-a long period of discouregptaontnad yarani they ceased to be astxve...
...36 and 27, at Labor Temple, St...
...It will be held Monday and Tuesday, Mar...
...If the Wall Street banke0iwant to collect their bloodmoney let them go ahead and do if* Why should we fight for them...
...CorroeBOfcdence was, however, conducted w*h a number of leaders and assurances have been received that the conference wQI be wsfi attended If called...
...I wrote him to congratulate him on it and to ask now far he thought the Administration's Nicaraguan war was consistent with his resolution...
...The net profit of the Goodyear Tire and Rubber Company for 1927 amounted to $13,135,666, against $8,799,138 in 1926...
...That's what I want to ask the marines- The more I think of it, the more I believe •that fighting Sandino is no job for the marines or any other American...
...There should be a definite plan—federal, state and city—automatically making It possible to rush public building with the very beginning of unemployment This in turn would require accurst* and up to date figures on employment in good times and bad which we have no machinery for obtaining...
...Not one of Mr...
...A prugiam of municipal housing would at once help us fight slums and unawploymeot All the logic is on its iMdjat what.is logic against preˆMr...
...the only eolation Tbx iJrf* shame of •our city...
...Paul, Minn.—The state committee of the Farmer-Labor association of Minnesota has decided upon the date for the state indorsing convention...
...They are ready to come NOW— but they are shy and balk at the words, . "Socialist" or "communist...
...Nevertheless when Brtand tans Kellogg- that ha cannot agree to outlawry of war treatlea because...
...But beyond that we should not go hi agreeing to enforce Europe's peace...
...Wo-ought to Join the Legue if it were based on the idea of the outlawry of war...
...Thomas...
...Sandino was credited with the support of a big majority of me 'lower classes", at least in that distrlct Whether he has it or not...
...i would be ready to do it again...
...Hughes' diplomatic victories st Havana look impressive in our newspapers...
...I certainly do...
...Doubtless others Will be called...
...countries with which dangerous controversies are far more likely to arise than with France...
...Sandino's men have not harmed the United States government...
...Indeed the element of compulsion might increase the likelihood of wart For such Issues the first step is conciliation through an International commission...
...the duty of takin*-taw first step tonaard insuring awaited Crcce...
...enterprises and thus offset unemployment...
...to issue a cell tor Aba oonX trmo+tmr MsJch Che state convention...
...There is no possible doubt about ttr the farmers of the West and South are ready for REVOLT—and the only thing that is holding them back Is wise and sagacious leadership...
...TJnetnploymeat Is National Whatis significant of the industrial depression is that it is not confined to one or two industries or some particular region...
...North-West Farm-Labor Political Conference Is Called for March 8 St...
...I meek Socialists,everywhere...
...and-other like measures...
...Of course, a* I have lepeatsdhw argued no machinery for outlawing war will be worth much if we countenance imperialism...
...It has a pious preamble ibout outlawing war but the text of he treat yr does nothing of tae sort, t does three things: First it renews he old Bryan treaty of conclhaUoS, •tiieh treaty provided- for the subnisslon of all disputes- to an inteslatsanal' commission whose conclusons might be accepted or rejected jy the parties- to the- controversy...
...Hughes' speeches explained away these sinister facts...
...If conference fails it may be possible to leave the issue to the cooling and the adjustments of time and later wisdom rather than to hasten a war which never can be worth Its coatt hi other words, the outlawry of war bears a peculiar interacting relation to the machinery of adjusting disputes...
...It would check the salutary process of readjustment in Europe...
...the tragic unemployment of this winter...
...This especially since this French treaty will be s> pattern for treaties that are to be negotiated with England and Japan...
...The present collapse is not one of recent months...
...CBhr, oft course, is net arbitration...
...Then- Mr...
...He began-to throw off adjective* against the bill, which soon became loot amid' the audible resentment of the audience...
...1 am certainly net to favor of doing* that...
...Why should we go to Nicaragua...
...The 1927 net Income of the system, including the figures of the Boston * Albany Railroad and the Ohio Central Lines, was $58,566,145, which compares with $65,664,040 for 1926, the peak year for the carriers in general, and with $48,627,224 for 1925...
...If the notion of war is outlawed it wfil be easier to bring about adjustment...
...V JP I have eneounknt this topic among the officials and ecure spirits of all the farmer sad faraner-hbor organisations X have studied so farm this series...
...Government issuance and.regulation of money and credit...
...What ha&e they ever done for us...
...It is certain that a "conservative" estimate is one lower than the real figure as the Cooiidge administration has no desire to broadcast information that gives the lie to its faithful propagandists...
...Ohe has to keeft this fact Is mind by way of contrast to the disaster which has come to minions of working class homes...
...Wars arising from Europe's crazy quilt boundaries and all the injustice of the status quo are not our business...
...There waa a temporary depression in 1921 but Europe was still In need of American materials to rebuild what the hell of war had destroyed and in 1922 there was a rapid recovery...
...How do they expect to unite . under these conditions...
...Sandino is fighting for his country...
...Shipstead Flirting...
...well that I am going to convey part of It to the readers of The New Leader...
...Neither can we hope to get rid of war by saying that the unjust and Inequitable dlvtdon of power and privilege now existing among us constitute international law, which law Is tor-be- enforced against the- prostatas* nations...
...botrm tb* misery of unemployed workers and their children.-** * * uu * Stewart Browne., i matwiaillig the Real Estate Owners Board, rose in an aaagatai manner...
...These progressive- farmers that I have met are readyto respond in great tram » bera to- a nation-wide alkmmerd of farmer-workers forces, and I believe they represent a cross-section of the country...
...the natktaal Pasaaev-lajhsaagng i snllnn in Milwaukee ta May...
...It ia never enough simply to say: "Now let's outlaw war...
...Beals' gallant exploit has made public Sandlno's own terms which leave our imperialists without a shadow of an excuse for continuing their ruthless, unauthorized and criminal war in Nicaragua...
...The Consolidated Gas Company of New York and its affiliated gas and electric companies report for 1927 a net income of $42,278,779, after all charges and taxes, equal after $5 preferred dividends to $8.79 a share, earned on 4,830,000 shares of no-par common stock...
...Let us open the door In welcome to every, socialist said-nearSocialist, every Progressive and near Progressive...
...Certainly: we should not aid by our trade a nation which refuses all means ef arbitration and conciliation...
...It clearly does not if the exceptions at Article 3- apply- not only to arbitration but to the process of conciliation set up in the Bryan treaties to which no ax captions were enumerated...
...He was long a member of the Socialist Party and is as firm a believer in Socialism today as he ever was...
...The tame is the prospect of uniting the farmer-labor-radlcal-progreaalve forces under one sat qf jaaUonal candidates this year...
...The situation has now become so acute that knowledge of it cannot be suppressed...
...True, we ought not to finance or profit by Europe's wars...
...In suburban towns near Chicago the distress Is also evident...
...Meantime the masters of great corporations have been rolling la dividends...
...The Central Labor Union of Boston reports an army of the unemployed numbering 60,900 and the number in Baltimore is estimated at 75,000...
...To nations smarting with a sense of grlewmse tBa threat that the League of Nations will bring overpowering- might into' the- fieKl against them can only increase hate...
...If the results of that international commission's work are unsatisfactory to either or both of the quarreling powers the next step ought to be not war but conference between the powers in an effort face to face to find a way out...
...It has been gathering since early in 1927 but the Coolidge administration and the ' press throughout the country have been silent about it...
...In Clover 'J'HE periodical breakdown of capitalism with its consequent unemployment and misery for the working class has become so apparent that it has broken into the headlines of the press throughout the country...
...The Minnesota situation as I learn It : is this: the Farmer-Labor organization bets* yet have notseemed**, ttey have called a convention wAsQsstAka IfTwan poSe la - March, .-wtssav thee was po* up their state ticket assi elect aatsgstss to...
...itrra—Hi If that rentes « nscsssaia- to haves a shortplatform, well enough—then let us have a short platform—but to Odd's name let us get together...
...The so-called Walker-Heckscher plan of Which we heard much at election tune Is still In the air and Mr...
...What is called a "conservative" estimate of the number now unemployed throughout the country Is made by the Labor Department at Washington, This estimate places the number at 3,500,000...
...But It is not necessary that any of these existing party organizations should abandon their names or their organizations—It is only necessary that they- agree on one set of presidential nominees and then go into the campaign all shoot - ' Ing at the same mark...
...Stimulates thinking Ajbng Political i «Bf Murray E. King OfWSLL, V. Hei-Before X describe the next faiiiiary farmer-labor organisation X want tof tell the readers of The New Leader abaft the most stirring and most Jliiiwawjl wiue among the progressive and radical fannen and farmerlaborttss in this l usnli j at this moment...
...Francis H.,flisson of the Guaranty Trust Company of New York isat-weeavestimatea that the number of millionaires In this country had increased floO per cent since ttos fmr 1928...
...This brought roars of laughter...
...I mean municipal housing in New York Obf, Y«t such housing is the only wig eat of a continuance of wretcbk4dsjQjiat^(Un»sssBfiottse regulation-vrtthou* mumetpai housing merely means that rants win go too high for unemployed sad low paid workers to afford...
...What interest has the American people in fighting Sandino...
...j2 "Bert Martin, the intBaral fccrotarj of about tweaey statse fcswe srsi assist a/ wmtiBiMss to sc-addMi satin to Milwaukee in Map, . . . .. . "The Socialist party, holding Its natbe others, win be eoiahusasd wash...
...Even the poor excuse that Sandino was an irresponsible bandit scarcely holds in the face of Carle ton Beals' report of him in The Nation...
...Furthermore, that is the way more than half of the marines in my outfit feel...
...Stir excenstv* dSvoOoo to private property and prtvatt prone-vrrpay^h^onTjr-'ln the quest* of otnr honatng...
...They know the looters are corporate big business aided by the petty middleman parasite and non-pro-j ducer...
...A new record for an time in net income was reached in 1937 by the New York Central Railroad, which yesterday issued* its official income aoount for last year...
...Paul...
...The state committee ordered Secretary Sharks...
...The burden of the messages that have come to me from leaders in the Progress Builders, Farmers Union, Progressive Farmers, Minnesota Farmer-Labor party...
...But on *¦ very day I received this letter I feed a statement by the New York "Tunes correspondent in Nicaragua that American planters in a certain districit were nervous because of the ¦nail force of marines there to protect them...
...They know who are doing the looting...
...Since the United Rata* must soosr neasjtanto ¦• #nr ska) enewa* of sa-Utratioss treatise pstsB thr* wtbh Bksrlaadi and- iapsftt) that laetoratton is signlftoant dor us...
...every radical and near radical...
...My own personal feeling is that we in some way must plan to get these busted Western farmers into the radical movement...
...This increase amounts to $6,606,886...
...Vhere do we stand, as a naUosT.?.,t Bo far It would seem that oar State Vpartment has bungled the- excel* ent idea of outlawing war aa an nstltutlon...
...Many jft them are oM seen converted by the .Appeal to Reason...
...They know that these element* are ruining the farmers and enslaving them because these elements control the government...
...The conference will be held in the Labor Tsrapfc, St Paul...
...it covers all the main points of all of their arguments . so...
...Not for a minute do they mean that the Latin American peoples will accept our overlordahip cheerfully...
...From a Farmer Laborite . One of these leaders has Just sent one of these messages to me...
...Some, issues can and should be referred to a World Court or to arbitration...
...The wish, meant among the more conservative otaaaula, seems to be unanimous for a solid fighting front, and the desire for tbjft objective Is a very sincere and DstfsJOBiate onsv *^WTW^ . • ij...
...of his obligations to the Teagne of Nations and when Prims Mtoiseer Baldwin answers the famous POnsonby Peace Letter in England by telling its signers that their duties te the League of Nations may compel them to1 fight on the Continent we Americans are justified in great hesitation to Join such a league...
...Farmers For United Fight In Election Unrest Ja sCgrleultural Districts...
...I am ready to do anything for my country...
...As far as I can see it, it all comes down to this...
...North Dakota farmer-labor movement, national Farmer-Labor party, and from leaders In other movements is: "We must somehow all get together this year—all who are opposed to the two political parties and the tremendous financial and industrial powers that own and control them...
...Heckscher has recently said that it cannot be carried out under the proposed dwellings law, which can only mean that the plan is not good enough for the people of New York...
...Take the French treaty Or example...
...If I am ordered to Nicaragua, I shall refuse to go on the ground that patriotism does not mean fighting for Wall Street and the bankers...
...Kansas" as saying that "fully * Per cent of the people of Nicaragua want the United States to stay » the Job...
...It is even a question whether a treaty like this-marks a forward step of any sort...
...I meet a asrJnttssg of them almost every day wpfc t ant cegamssng the fanners...
...S TIMELY Topics by Norman Thomas P. ia good that Governor Smith and the Republican politicians have agreed to increase appropriations in order to hasten work on public buildins...
...He replies *at he is "not yet convinced that *e could consistently stay out of Nicaragua" and quotes American ¦inister Eberhardt "a citizen of Sato...
...sW Or are still Socialists and Win undsgktenty again become active in a moveasdst Strang and consistent Almost to a man w^Pweat to see ah the forces that stand on the side of the workers In the present struggle and on thw aide of seal social progress united under one banner this year so that a zeal' wagbnang may be made In the fight aaetaet fspftnllnm and reaction this year...
...pnbua ownership of the railroads' and marketing facilities...
...It is not explained away by calling it by another name or by piously protesting that we are opposed to aggression, or by saying—what is true—that nations big and little, have duties as well as rights...
...Taws/ should consider cassfully- ever* phase of Che'srtaation and should set with > the) ¦ great sat wisdom' and caution, eseeelauy in the matter of naming candidates, "It is not necessary that we should surrender or altar a single aessntiat principle Par which we stand...
...And it does it not for the good of the little nations but fo rthe profit of investors...
...Look at Russia," shouted the realty man, undaunted...
...By that time the gentleman's time was up and when the chairman cut him short, he announced that he would "hire a ball...
...However, in each case the ipedflc arrangement for arbitration pauet be embodied ia a treaty and* m omitted to the Senate on ratification...
...If flexible machinery of adjustment is provided it will be easier to outlaw war...
...It does not intervene merely by diplomatic representation but by armed force as in Nicaragua and Haiti...
...But I'll be darned if tjgant to die for Wall Street...
...survey of the industrial tragedy made by Industrial Commissioner James A. Hamilton and embodied fa a -report to Governor Smith shows widespread unemployment, employ, ment agencies swamped with apptt- cations for Jobs, and the number of homeless men on the increase...
...This was after deductions of 99,298,648 for depredation and $3,500,000 for contingencies last year and after taxes, interest and profits of subsidiary companies applicable to stock not held by the company...
...All patriotic Americans ought to wish him well...
...I fought in the World War...
...Thomas had just completed comment on the proposed dwelling house law, taking the general view that it fell far short of the needs of the situation...
...we mast learn to play the game of politics with the same shrewdness that the old parties play It...
...In almost two years not one private limited dividend corporation has begun work on housing under the much advertised state housing law...
...I WON'T GO TO NICARAGUA," MARINE SAYS FT1 HIS letter, received this week by The New Leader, ¦* speaks for itself: Editor, The New Leader: There is talk that our outfit will be ordered to Nicaragua While I may have to go, I want the American people to know that if I am ordered to Nicaragua it will be against my will...
...Navy Yard...
...t ration and security are betas...
...Already the calls have been issued for three different redical or progressive national conventions: The Socialist in April in New York...
...The real good that was accomplished at Havana in the eyes of the world is completely overshadowed by the man hunt which we are carrying on tn the jungles of Nicaragua...
...We are weak because we are divided—AND FOR NO OTHER REASON...
...The indictment he brought against us Is true, and I feel that the first duty now of every true . Socialist should be to help change this disgraceful condition...
...T> also mast many isJUjiislalli farmers who are bitterly in» sensed over the remorseless loeUn* and ruin of agriculture during the laar decade or more...
...I ant sorb If they could vote on it tmr WSBjkJHBfr their message to The New Leader: jut my otsranrlshsg...
...Alexander is also a member of the Board of Directors of the Progressive Farmers...
...There are other issues, however, which strong nations In their present stage of development hesitate to refer to a court or to sua arbiter for compulsory decision—the regulation of immigration, for instance...
...I have written many letters during the past few months on the subject of a united front, and X . have found sincere approval everywhere...
...New York State Is badly hit...
...From the Pacific Coast, Los Angeles trade unions report 70,000 men unemployed and San Francisco reports the same number...
...The third article at the French treaty excepts from the application af the arbitration agreement almost all controversial issues under one form or another...
...It is so truly representative of them all...
...Municipal housing under a non-political authority mmt&» which the SodalHtv^ii!t^-le^*'advewtetf,:«d>ft many years hi...
...In ratifying this treaty at least our government and the French should exchange- notes declaring- that the exceptions of .Article 3 do not apply to the provision for conciliation...
...In Chicago 10,0*0 homeless men have been given sleeping accommodations en the floors of a shelter house maintained by the Gospel Loop Church and Mission In sixteen lays...
...We must . give them a more palatable name...
...And if all of them put up presidential candidates we will be confronted with the same old condition...
...This compare* with $85,666,893, or $9.60 a share, one 8,600,000 common shares in 1926...
...We muse set up machinery not only to Interpret international law but to change it...
...ion by proposing to revise her arrtration treaUes so aa ta cever pre*teslry- every issue that may arts* wtween nations...
...Browne turned on Mr...
...There were more roars...
...the National party to Chicago in May, and the Farmer-Labor Party ta Milwaukee in May...
...Possibly the League of Nations may develop into that sort of machinery...
...The best sanctions for peace do -nop etnas from agsesmenSj to eaJbroe it bywar but rather from a- new - spirit- of understanding, new machinery of* cooperation, and- a general fsealve to* as»pudiate war as an instrument of public nailer Thomas Plea For Housing Called 'Red' "Lenin and Trotsky," - Realtors' Representative Shrieks At Appeal For Better Homes A PLEA for better housing for New York's workers, to be built by the municipality and rented to the people at cost, made by Norman Thomas, Chairman of the Socialist Party Housing Committee, brought from the real estate owners' representative the cry of "Bolshevism", at a public meeting in the John Golden theatre last Sunday night Mr...
...Senator Capper of Kansas introduced a good resolution looking to the outlawry of war...
...And how hypocritical many talk of outlawing war unless We *ow good faith by outlawing importeaJlteni...
...Seexfi the new treaty with France jrovrdes for arbitration of differsnces...
...Let w* get'-tH' I...
...It must be made clear," he had said, "that not the most perfect regulatory law is ^enough...
Vol. 7 • February 1928 • No. 10
