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Newspaper Page Text
FRIDAY, AUGUST 6, 1920.
The Passing Show of Capitalism
"We haw repeatedly expressed the opinion
that there is nothing fundamentally wrong
with business conditions", states the Federal
Reserve Bank of Cleveland to the press last
week. Beading further we find that:
The future of business depends in great
part upon whether railway workers accept
their measley award and get down to "prewar
efficiency" or whether they decide to throw a
wrench in the profit making machinery of the
bosses by another strike.
THAT: credit conditions do not justify
any relaxation on the part of bankers and
THAT: commercial failures numbered 65
as compared with 44 of the same correspond
ing month a year ago.
THAT: traffic conditions in the iron and
steel industries have reached a more acute
stage than heretofore.
THAT: there will be a shortage of coal in
the northwest this winter, there being 5,219,000
tons less shipped previous to July 1-st than for
the same period last year.
THAT: unemployment is on a rapid in
crease. THAT: textile mills have closed indefini
tely no orders in sight upon which to reopen
THAT: the building industry is marking
lime due to the breakdown of transport.
(Continued from pago 15.)
Instead, therefore, of the social revolution
being a purely mental process, a change in
ideas, as it was regarded by most Socialists
lief ore the war and even regarded as such in
some quarters to-day, the more clear-headed
of the revolutionary workers now understand
by social revolution a transference of the
physical instruments of wealth production
from the control of capitalists into the hands
of the working class.
And sinco the evils of capitalism, or the
serfdom of the workers, is contingent upon
the profit-making system, that change must
take place NOW. The Communists then stand
for social revolution, and capitalism's difficult
ies must be the Communists' opportunity.
Summing up the report we would say that
there is nothing fundamentally wrong with
business except the fundamentally unscientific
.system of capitalist production.
Driven to desperation thru ill health and
poverty, a New York mother advertised her
two year old daughter for sale. Knowing she
had but a fighting chance for life, and that
unless she took that chance she must part
from her child, she took this way to give her
a home and to raise the needed $250.00 for
That's capitalism. Russian Communists
have found a better wav. There, mothers and
babies are the first consideration. Every child
that is bom is assured of the best food and
care, and on top of that a free education even
thru the highest university. No Russian mo
ther needs to sell her children for money with
which to enter into a quest for health.
A cotton raiser down in Georgia ad
vertises that he wishes to marry a widow with
3 or 10 children. The economic value of child
ren is realized if you know the facts of cotton
raising. Aside from that, it is a great system
that provokes a man to make a whore of his
wife for the work he can get out of her
Railway workers nt Marburg, Germany, halted a train
loaded with troops nnd ammunition bound for Poland.
The supplies were taken from the train, after which it waa
allowed to proceed.
Th troops also were disarmed.
The boycott of Hungary by workers of surrounding
countries as a protest against the White Terror uBcd against
tin- llungariaa workers It still on.
Negotiations looking toward a settlement of the boy
cott nru underway at Amsterdam nud similar discussions arc
taking place at Buda pest.
Six thousand Kansas coal minors are on strike because
deductions in the form of fines were made from their pay
becauso thoy refused to work on Saturdays. Looks like the
Kansas boys are determined to get that 5 day week. Am!
who can dispute that they know howf
Uay laborers and drivers in coal mines in Indiana and
Illinois have paralysed the coal industry by a strike. They
claim they were discriminated against in the wago settlement.