Since the action was announced seven weeks ago, union after union has pledged an all-out effort. So have the National Association for the Advancement of Colored People (NAACP), National Urban League, National Organization for Women, Coalition of Labor Union Women, Operation PUSH, National Council of Churches, League of United Latin American Citizens, and others.

“It is time to stand up and stop the dismantling of forty years of social progress,” declared Lloyd McBride, president of the United Steelworkers and one of the action’s coordinators.

Calling Solidarity Day “an important part of what must be a continuing campaign by labor and our allies,” McBride urged all USWA locals to mobilize their members.  
 
August 6, 1956
AUGUST 1—Millions of Arabs throughout the Middle East demonstrated their hatred of British, American and French Imperialism by turning out in unprecedented demonstrations to cheer the Egyptian nationalization of the Suez Canal this week. A crowd of “hundreds of thousands went wild with enthusiasm” as they heard Egypt’s President Gamal Abdel Nasser announce the nationalization of the world’s busiest waterway at the end of a three-hour speech in Alexandria July 26. This was Egypt’s reply to withdrawal by the United States, Britain, and the U.S. controlled World Bank of offers to aid in the construction of the vital Aswan Dam.

When Nasser returned to Cairo by rail after making the announcement, enthusiastic crowds of Egyptians lined the tracks along the route. In the capital itself more hundreds of thousands greeted Nasser with, in the words of the New York Times’ correspondent: “an almost hysterical hero’s welcome.”  
 
August 8, 1931
Hardly ten days have passed since the announcement of the Hoover moratorium and already a violent accentuation of the political and economic crisis in Germany has manifested itself. All the prophecies of the bourgeois and social democratic press on the advent of a new era—diminution of the economic crisis and a new rise in a short time—not only in Germany, but throughout the world, have vanished.

The crash of one of the largest banks—the Danat—gave the signal to the financial bankruptcy of Germany. All the attempts of the Bruening government to stop the financial catastrophe by international loans have up to now had no success. The French bourgeoisie, which has deliberately prolonged the negotiations on the moratorium in order to deliver a heavy blow to the German bourgeoisie in exchange for the suspension of reparations payments, is obviously far from ready to consent to loans to Germany without political guarantees.  
 
 
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