The railway workers are promised a wage cut on the usual fantastic ground that the Companies were not working on a profitable basis. It is, therefore, interesting to read the notice in the Evening News (20th October) which states that owing to heavy over-subscription, the lists for Southern Railway £4,750,000 Debenture Stock issue have been closed. Evidently the capitalists consider the railways a profitable investment, which means that the railway workers are producing plenty of surplus value already. It is also an illustration that there is plenty of money available for investment—perhaps the credit cranks will make a note of it.
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The News Chronicle for October 3rd records the fact that Mr. Samuel Insull, a former United States electricity magnate, was at one time a director of 85 companies, chairman of 65, and president of 11. One wonders how much time per year (allowing for the periodical cruise, etc.) he was able to devote to each company, and also whether his absence was noticed when he was away. Perhaps if workers ponder a little over cases like this they will realize what little part the capitalists play in the actual running of industry.
The champions of “self-help” and the boosters of the “Great Man” theory appear to be having a thin time of late years. Hatry, Kreuger, Insull, and the rest have given their theories some nasty shocks. It is becoming almost a commonplace to learn, after one of the frequent financial crashes. that the “great man” at the centre was responsible. In fact, however the “great man” is made the scapegoat for their cowardly and fat-headed ideas.
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The following shows how sectional interests clash over Free Trade in Germany. Herr Krupp, head of Krupp’s works and president of the Federation of German Industries, along with Dr. Luther, president of the Reichsbank, have protested against the carrying out of the quota system by the Von Papen Cabinet. On the other hand, the agricultural interests are becoming alarmed lest the quota system should be suspended. Herr Hugo Stinnes has aligned himself with the agricultural interests in support of the restriction of imports.
The internecine warfare between capitalists over Protection and Free Trade may push into the background the movement of the German Fascists in the near future. And while German and English workers are suffering from the miseries arising out of their bondage to Capitalism, their self-appointed spokesman in the two countries will be shouting themselves hoarse over imports and exports—matters that are of real interest only to the capitalist.
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The Church struggles hard to keep up with the times—and keep its congregations and its magic. In these days of trials and troubles, with growing unemployment and restive workers, one of the Church’s principal spokesmen, Dr. Barnes, the Bishop of Birmingham, has made a portentous pronouncement. Speaking at Westminster Abbey on the 11th October, he said:
“Again, the social evil which has increased most disastrously in our times is gambling. In Ireland the Roman Church is all powerful and the Dublin hospital sweepstakes flourish.”
Perhaps if the noble Bishop were in the ranks of the unemployed he would hold other views of the nature of the social evil. Anyhow, his working-class parishioners could give him some information on the subject. But the Church has always been a prop of oppression, and its professional advocates can always be depended upon to find any cause but the real cause of the social evils suffered by the majority of the population.
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As the Armistice will shortly be celebrated, it is fitting to recall to mind “poor little Belgium” and all that was said about her sufferings during the Great War. Workers in England who fought in Belgium in the effort to end all wars may be interested to learn that war in Belgium did not end with the Armistice.
“BRUSSELS, Saturday.
Troops were to-day sent to the coalfields, where an ugly situation arising out of the strike over wages led to battles with the police, who had been given orders to disperse gatherings.At Charleroi, early this afternoon, three police and several strikers were injured in a collision. Two of the police were seriously hurt. At Peronnes, near Binche, fifteen strikers were slightly hurt when the police charged a crowd that had refused to disperse. The dispatch of troops followed a meeting between the Minister of the Interior and the Minister of Defence. A regiment from the Malines garrison has been sent to Mons, and one from the Arlon garrison to Charleroi.”—Reuter. Observer, July 9th.
Is comment on the above needed ?
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Under the Washington Treaty the tonnage of warships was restricted, and on this account the Treaty was boomed as a great step forward in disarmament and an indication of the pacific intentions of the participators. Ever since, however, each nation has been endeavouring to produce more effective and murderous implements with a reduced tonnage, and in this, America, the leading advocative of this “pacifism,” has had the most success, as witness their new and efficient battle cruisers.
The Evening News of the 17th July reports a further step forward in America. At the end of the War it was decided that an aeroplane carrier, to be effective, must be of at least 20,000 tons. Under the Washington Treaty, America was only allowed a total tonnage of 135,000 tons for aircraft carriers; in other words, they were allowed about seven of these vessels, the idea presumably being to reduce the number of these ships that might be built. The result, however, has merely been to set American designers the problem of obtaining all the assistance they needed from such ships within the stipulated 135,000 tons. As the Evening News puts it: —
“But America wants plane carriers on the Atlantic as well as the Pacific and also in the Far East, so that her strategy would be badly cramped by the small number of large ships allowed. It is this point, in addition to the financial side, that has American designers on their mettle.”
And the designers have risen to the occasion and produced a ship of 13,800 tons that “will be the last word in construction, carrying no fewer than 75 planes.” Another step towards the peace of the world !
Gilmac.
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