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Editorial
July 31, 1930
The Carbon County News
Red Lodge, Carbon County, Montana
What is this article about?
This editorial criticizes international bankers and industrialists for promoting free imports to undercut American wages, mocks socialist Norman Thomas's industrial control idea, and argues that supporting tariffs is essential for social justice and national prosperity.
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Full Text
The international bankers and industrialists who have acquired two thousand factories in the cheap labor markets of foreign lands and now through their politicians and journalists tell us that it would be a fine friendly gesture for us to let the American wage earner lay off work and let imports swamp the American market, may not be so altruistic as they profess to be.
According to Norman Thomas, socialist candidate for President, 1928, the cure for racketeering is to put the control of all industries in the hands of office holding politicians. Sort of a racket to end rackets.
No American who wants to buy a foreign cheap labor product in preference to a product made by the better paid American worker can honestly claim to be an advocate of social justice, because he wishes to build up the policy of cheapening commodities by cheapening the man who makes them.
Those who oppose a tariff system which makes it harder to encourage the foreign system of cheap labor production has any real interest in the standard of living for the masses, nor does he have an intelligent appreciation of the essentials of our own national prosperity.
According to Norman Thomas, socialist candidate for President, 1928, the cure for racketeering is to put the control of all industries in the hands of office holding politicians. Sort of a racket to end rackets.
No American who wants to buy a foreign cheap labor product in preference to a product made by the better paid American worker can honestly claim to be an advocate of social justice, because he wishes to build up the policy of cheapening commodities by cheapening the man who makes them.
Those who oppose a tariff system which makes it harder to encourage the foreign system of cheap labor production has any real interest in the standard of living for the masses, nor does he have an intelligent appreciation of the essentials of our own national prosperity.
What sub-type of article is it?
Economic Policy
Labor
Trade Or Commerce
What keywords are associated?
Tariffs
Cheap Labor
American Workers
Imports
Socialism
National Prosperity
What entities or persons were involved?
International Bankers And Industrialists
Norman Thomas
American Wage Earner
Editorial Details
Primary Topic
Support For Tariffs To Protect American Labor From Cheap Foreign Imports
Stance / Tone
Strongly Pro Tariff And Anti International Exploitation
Key Figures
International Bankers And Industrialists
Norman Thomas
American Wage Earner
Key Arguments
International Bankers And Industrialists Seek To Flood American Market With Cheap Imports To Benefit Themselves At Expense Of American Workers
Norman Thomas's Socialist Proposal To Control Industries Via Politicians Is Seen As Another Racket
Preferring Foreign Cheap Labor Products Over American Made Ones Undermines Social Justice By Cheapening Labor
Opposing Tariffs Ignores The Need To Protect American Living Standards And National Prosperity