| Show LOANS ARE ARf ASKED FOR FORE A EUROPEANS E Secretary Glass Advocates Aid Sum Suni of to Prevent Anarchy and Dea Death l in Needy Needy- Nations By Associated tell ll Tress Fres mASHINGTON ASHINGTON Jan Jau 10 Loans Loans vV V aggregating 1 for foo food relief in ill Austria Poland and other oLlier European countries and Armenia Armenia Ar- Ar Ar Ai- menia to o prevent nt a general disintegration disintegration t n of political cohesion in western Europe were proposed to Congress today by Secretary Glass who s1 said d. d i T D c ar arT this hits to after niter the full situation in Europe had bad been assessed reviewed at length Tho The secretary countries in the suffering Buffering con conditions particularly Austria and Poland and said Great Britain Franco France and Ital Italy in In relieving distress assisting were loan and und Austria through a to lend would continue that r England aid by furnishing ships for transportIng transport transport- Ing American food and such supplies as ns possible from tho United Kingdom Reviewing the sitUation in Austria Mr s t tr n. Glass v r said thO suffering Dr was s so great greats had declared l ar that a c complete pleto breakdown must occur b by the end nd of January unless unless unless un un- un- un less assistance wore were given from the tho outside Would ouM Affect What tho the effect of or a general social breakdown in Austria would be of 0 course only can cai be conjectured Sir Mr lr Glass Glas That it would bo be confined to Au Austria howo however r seems highly im improbable improbable irn- irn probable and If It it spread to Germany Poland foland and possibly all Europe the ro- ro Bult Rull would bo ho no less than a general disintegration of ot political cohesion in Europe Such an event would 1 bo be frau fraught hl with the most serious con con- for the tho United d States and would certainly leave In its ibl wake se severe sovere so- so vere suffering and thousands of or ile deaths ic among the tho poorer cla class s. s Referring to Lo Poland Mr lr Glass said the tho failure of or the government Jo there thero properly to ration rallon It Its adult population already Y had bad caused demonstrations b by bythe bythe the reds in Warsaw Under the tho treasury department plan the loans would be he advanced b by the tho grain corporation out of the billion dollar dollar dol dol- lar lur wheat guaranty fund rund and would be used to establish ct credits In this country coun try on the tho ba basis lg of or for tor Austria Aus Aus- tria for tor Poland for other European countries and for Cor or Armenia SO Sonjo SOo o forms of or securities would bo be o obtained from tho the foreign countries before tho the loans would be made mado Assistant As As- Secretary Davis explained that the countries Interested now are arc considering con con- such Huch securities from Austria u including her national forests tobacco monopoly and water power Mr Mt Glass said this amount would ro- ro hove tho the situation fall tall Assistance As As- b by the United States If lo Ic im- im ho he said to allevi allevi- ate l lM ii I desperate situation affecting millions of ot people An exact estimate of 01 the Europ European nn an tho de declared de- de needs needs' Is Impossible B secretary dared adding that it might later be bo necessary to ask asic Congress to grant 50 60 additional Assistant Secretary Dav Davis presenting Mr Glass Glass' letter told the House ways WU'S and means committee that tho the treasury treasury treas treas- ury was vitally Interested because if It th those tio countries aro are not fed disastrous results aro are feared which would seriously seriously seri serl- affect tho financial t stability of tho the world r b Will VIII Alit AM Alitto The to British ho said arc aro willing to todo todo todo do all they can adding that they will likely transport thu tho food tood and also supply supply supply sup sup- ply some somo clothing Tho burden burdon however however however how how- ever ho said would bo be placed o on tb the United tho the American foodstuffs wore were tho the only surplus supply sup sup- ply By fly the government grain corporation corporation cor cor- handling tho the supplies Mr tr DaVia DaVis Da- Da Via Vis said aid tho the movement would bo ho such aa au not to disturb our own prices of or food tood S 1 Tho The food rood situation in tn Austria hOB has been given serious consideration by the council at Paris and j Continued on on pa 8 8 I GlASS SEEKS lOANS FOR NEEDY EUROPEANS Continued from Pa Page Pago o 1 that the United Sl States Slates aid in relief re re- re lief work there have havo been made Baron Eichoff head of the Austrian peace delegation del del- appealed in a statement pub pub- ed in ln this country today for tor aid for his people who who he said were threatened threat threat- threatened ened with an anarchy and death by y starvation during the winter Congress a year a ago o appropriated for or food tood relict relief in Europe rope and this was distributed through an international commission slon headed b by Herbert Hoover S I |
