Salt Lake Telegram | 1930-12-07 | Page 15 | Carol Finds Hardships in Maintaining Throne

I 1 Carol aroZ I Finds Fi ds Hardships i In Maintaining Throne 1 11 1 Easier Ea ier to Please Women Than Subjects He Het t Learns f i. i By MILTON BRONNER i NEA Service Writer LONDON CONDON Dec 6 6 King King Caro toas a I only bc been n back on his throne thron for tor a a. few short months month but ut ho al already aI- aI rc ready rady y has hIlS le learned In th the bitter School of ot experience that he ha has tackled a a. hard Job In Tn tho the kingdom of or flounces and furbelows ho found round that a no rO royal roya lt name namo a a. royal smile and royal roal gifts could win win hearts and keep them turn tarn tears Into laughter and frowns into Into kisses In the tho kingdom of ot Rumania he le has haa found that It I la 11 not quite Quito so 80 easy caBy to turn hard times Into good gooc times agricultural depression Into prosperity and debt laden aden peasants into happy men with a n. balance In Inthe tho the bank Hence fence there thero Is a new gravity on the tile countenance nanco of oC Carol Io lie does not snub smile quite so o often orten Tic ITo Is not quito quite so light hearted Ho He Is Js learn ing InS that crowns also often have thorns He Ho came back to his country country coun coon try and nd his throne Just In time to toland toland land In tho thick of ot all tho the Rumanian Ru Ru- manian troubles FARMERS EXPECTED VICTORY When tho the peasant farmers triumphantly tri tn- swept the tho national elections elec arid and carried their leader eader M. M to power a as pr premier tn they expected a a. great deal when M and s-nd his hs parliament welcomed Carol Caro bock back they expected a a. great deal deat moro more But things got rather than better They The had hard bard times In Jn Rumania and no wheat farmer of ot- Minnesota or oi or Kansas can possibly possibly bly havo a a. greater grouch than the wheat farmers of or C Carols Carol's countr country a Then to add to toc tho tim kings king's trou- trou blet h ho found toun In a man not easy to manage Both the king and his premier are arc men of or stubborn wills Trills and both havo a a. considerable opinion of or their own powers A Adash clash dash was bound to come It did come One OW da day went to the raJa palace at and practically told td tb the king to stick sUck to his king king- jug inS and ho would stick to his prime Carol didn't like it Jt He flo got so so angry about it he put tacks In Jn Manlus Manius way until tho latter latter latter lat lat- lat lat- ter finally r resigned hi hlll post Now usually in Rumania when wIlen a a. r r resigns the tho parliament has hM b been n dissolved and a a. new election hold But Carol did not wish Ish this In the tho first place plane ho felt grateful to this parliament because it had helped him back to his Job In the next place the country is 18 so lIO full of ot unrest he feared In a now parliament nIght might bo ho chosen which would be filled with reckless radl radicals al PEASANTS DISGRUNTLED So ho he did tho the next best thing Ho Tie Hel called upon M. M who had I been foreign minister In Manlus Manius cabinet to take tho helm Miron Uro- Uro Uron n merely reshuffled the tho 01 old 1 e cabinet the only only- ones being left lert out b being boing and ono ono of or his his' closest friends The Tho stubborn was thus tHUR out of ot Carols Carol's wa way but hut the themore snore moro stubborn and formidable economic eco ceo n situation still stood in his lils Hath o th In Rumania short shortly after the thee taro e was signed an a agrarian arlan re reform reform re- re form law ta wa was dr drafted Under this h nd was distributed to tho the peasants peasants peas peas- i- i ants without any adequate arr arrangements arrangements ar ar- ar- ar r being made to supply them either with stock or capital Ud there was also no or organized lz d system of or credit to which the they could go o for tor loans loam Jn In this emergency tho peasant farmers borrowed from the tho small 10 local legal 1 banks and money lenders at regular Shylock rates of or Interest P r a no time all aU went well Tho The currency currency cur cur- rency roncy of Rumania was Inflated and wheat reheat was at a premium In In world markets Everybody I was wa clamoring for wheat Th The Rumanian peasants peas peas- ants sold their product at top prices In In inflated o 1 money The They could thus pay ply tho the Interest on their loans and still show sho a profit But Dut flO now no noa a fl different t story is told Rumanian money has be been established l Wheat Is js a drug on tho the market Th The Tho Ru- Ru p peasant aRant grew hu huge crops of oC It H. H but cant can't sell it To make matters matters matters mat mat- worse the Russians are arc dumping dump ing wheat Into competitive markets NEED LARGE LOAN Tho Shylock Interest which did not seem FO so bad bil when It was In In Inflated Inflated In- In d money SC seem UM mountain hl high h now that it has lias to bo be paid ir In stabilized stahl- stahl coin Tho peasant farmers find themselves s head over oyer e ears rs In debt They hey cant can't ray pay a tho Interest and thus tho the debt k kels cps growing In me CUd cases tho the Interest on th their lr loany Joana runs from 23 3 to 35 per cent Tho debtors havo raised a cr cry for Cor a n ag g general ll reduction of or both debts and md T t. t They havo formed a aJ J league a uc against usury and ant in some havo o mobbed the tho mone money lend lend- ec ers er Three prominent financial experts ex ex- of or Rumania havo have advised af Kin In Carol how thc they would deal with the problem In each cn case cae It amounts to the gO f government making H. H foreign loan loon of or 00 m million dol Tars lars The government would take part of oC tho the farmers farmers' debts with this but bUl In turn would exact o of ot tho the creditors that tho theY thoy reduce the amount of or their claims and also tho the amount of or their interest So far foreign bankers have not shown hown any nn great eagerness s to lend the mone money And tho the winter is coming on on tho the winter of or discontent of ot the peasant farmers And Carol greatest job used to be bo to hand a an an n n 1 bottle of or rare perfume to Jo a n. fair c companions companion Is now tiow wondering how I Iho ho can hand solace and relief relict to a nation of oC debt ridden farmers y j I i King Carol is finding his hs job of being king increasingly difficult At upper left leff you see M. M Manu who clashed with the king low lower r insert M. M who became became- premier after Manius Manitas resignation