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 of the suppressive machinery of the capitalist government.

Its fight on the movement for the formation of a labor party can be explained by no other reason than its fear that it may become an effective weapon of the masses in periods of depression.

The official policy of the American Federation of Labor, based on the present temporary prosperity, can be shown easily to be similar to the viewpoint of the most representative spokesmen of imperialism. For instance, Charles E. Mitchell, president of the National City Bank of New York, the bank to whose service more gunboats and marines have been devoted than to any other American financial institution, in an interview relative to prospects for 1927, said:

Compare this statement by one of America's leading imperialists with a statement made for the same purpose (a forecast of prospects for 1927) by the head of the trade union movement—President Green:

To this statement by President Green which was given to the press we can ad another statement, previously quoted, from his editorial in the December number of the Federationist:

It is hardly necessary to point out that there is no essential difference between these statements—one by an open and avowed imperialist, head of a bank whose depredations in Haiti, Cuba and Nicaragua are notorious, the other by the head of the American labor movement.