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Show l , IjiRAXK A. VA'OERLIP, who j warns vorld of peril which threatens ae result of European j I conditions. j I si "r - ' ." ' J jig V" - s , v 4 S t ?' H " It x 'v I 111 .1 v - i SAIS EUROPE IS IN GREAT PERIL Wreck of Fabric of Civilization Civili-zation Possible, Frank A. Vanderlip Declares. PARIS. March 12. (By the Associated Press.) " doubt if America has begun to comprehend the seriousness of the appalling situation which confronts Europe Eu-rope and the wreck which the whole ; fabric .of civilization may be facing," ! said Frank A. Vanderllp to the Associated Associat-ed Press today. He has been investigating investigat-ing conditions irt England and France and will continue his Inquiries in Switzerland Swit-zerland and Italy. "America was once told there might be peace without victory," he said. "What we have is victory without peace. Production Pro-duction has ceased and unless production produc-tion can be speedily resumed one's imagination imag-ination cannot comprehend the chaos which may ensue. "There Is nothing to be gained by stopping to question who le to blame or by finding fault with the way events have been guided. The great productive machine of Europe must be started or the world will be confronted with a disaster dis-aster such as no experience has recorded. An Utter Wreck. "Here in France everything waits on the settlement of the question of Indemnity Indem-nity and the progress of, events in Germany. Ger-many. Each day makes the prospect of indemnity less possible. "I have seen something of the utter wreck which the central empires Inflicted throughout the, war zone. It 13 complete no words can picture truly how complete com-plete it .is. That wreck, however, covers only a strip from the channel to the German- fiorder. There is possible a wreck that will cover all Europe. If production pro-duction , Is not resumed, the horrors of war may be exceeded by the horrors of this after period, which is neither war nor peace, biit a breakdown nf the machinery ma-chinery of civilization. In the face of consideration, every unessential difference of opinion, and every personal a mbitlon should be instantly forgot ten. Danger of Bolshevism. "Unless terms of peace ctn be speedily agreed upon a nd unless these terms are such as will permit the resumption of something approaching norma industrial life, there is not merely a chance, thro is a strong probability of Russian ISol-shevirm ISol-shevirm overrunning Germany. "The first essential step 'is fixing the terms of peace. The danger from delay (Continued on Pago 4, Column 6.) SAYS EUROPE IS III GREAT PERU (Continued from Page One.) cannot be overestimated. One might speak of the seriousness of the financial situation in several European countries. It la serious beyond anything" we have understood in America. Germany is paying pay-ing a daily subvention of a million idle men. Prance has issued 33,000,000,000 francs of paper money, the limit of the latest law having" been reached. An additional ad-ditional three billion francs will be authorized, au-thorized, but there is little advantage in discussing financial conditions in the face of this greater evil of a breakdown of industrial in-dustrial production. Production alone can do that. Production in sufficient quantity to permit the export of goods alone can permanently support exchanges, ex-changes, America's Duty. "There have been dreams of all the allies sharing all debts. There have been plans proposed for International guarantees guaran-tees of exchanges. These are Idle suggestions. sug-gestions. There can be no international guarantee that can sustain exchanges while printing presses continue to make paper money. "What can America do? Thero is certainly cer-tainly one thing that cannot be done, and that Is to withdraw itself to rest in the belief that this chaos is remote and that America can avoid playing her part in international responsibility. We must think in international terms, as we never thought' before. The gigantic strength of our own position will not keep us free from the effects of events here. There is no time for narrow or provincial , views." |