Show fiNANCES OF POLAND DECLARED TO RE BE V ROTTEN M Manchester chester Guardian Says Present Government of State Is Hopeless r i LONDO LONDON May 4 A A slashing attack upon the business administration and reconstruction rei reo re- re o i construction efforts of ot Poland Is la contained contained contained con con- In the Manchester Guardian which reflects th the views of ot British business bustness bust busi ness men who have endeavored to ca caon carry carryon rrY on commerce with Poland despite all dif dIf- The chief charge Is that th the Polish Polio h government ov has been printing pap paper m money ney too fast and not building Its budget et on sound sound principles while makIng making making mak- mak mak mak- ing little effort eort to set get Industry under underway way as It should be The Issue of ot Polish paper money today amounts to eleven billion marks the Guardian says equalling at prewar values But there has been a terrible slump In the Polish mark boing worth two for a cent The money mOMY of ot only two countries countries Austria Austria and Russia are are worth less lees than that of ot Poland VAST DEFICIT LOOMING The Guardian regards the Polish government gov gov- ov as as se hopeless since half the members members mem mem- bers or ot the diet are peasants and sixty sixty- five of them Illiterate while lIterate while the Polish premier Is s an avowed Socialist The Guardian charges that Poland Is pending too much money such money such as It ison Is ison rr on n th the arm army In Jn October 1919 the Polish war office ottice spent marks marl s in November In December and In January last marks mark's besides R R. loan of ot marks spent In Paris on new army equipment In his recent budget speech the Polish minister of ot finance M. M GrabskI estimates ordinary expenditure for tor the coming year at marks and the extraordinary extraordinary nary e expenditure chiefly p for r the army army- while the normal state income In Income In- In come would be marks leaving leaving leav leav- I ing a den deficit lt of ot marks M. M GrabskI proposes to meet part of ot this this' by an Internal tax levy to bring marks but the Guardian points out that most mot of ot the country's money is In the hands bands of ot the rich peasants whom none dare to restrain BILLIONS SPENT ON ARMY It seems safe sate to assume says the Guardian that W the total total expenditure P of ot the Polish state te durin will rill Sift a fU during the tho coming year ear marls marks amount to more than although nothing has haa been earmarked earmarked ear- ear marked for tor meeting the debt to be tal taken en over ove from Russia Germany and Austria Almost all the money Is spent on the army which for the past year ear has been conquering ethnically R Russian territory I for Poland o only 2 per c cent of the 1919 tl expenditures e s went n for education tc although al al although I though more than half the population Is Illiterate only 1 per cent was spent pent on public health health whilst the country is threatened by the most awful of epi epi- epidemics and only 2 per cent on agriculture agriculture agriculture ture on which depends depend the future pf of t the country The Guardian points out that Poland has a vast army of unemployed there being men Jobless In Russian Prussian Poland loland in the district of Warsaw In the district of while some men from Russian Poland alone are in the army In addition there are thousands of men who work on part time Jobs at home e This is especially true of ot the the Jewish population which Is kept alive by the money and subsidies supplied supplied supplied sup- sup plied by the American Jewish distribution distribution distribution tion committee PEACE ONLY SALVATION l t Polands economic situation Is Js such that immediate peace alone can save e a e It If it It can be Saved at all aU says Bays the Guardian But peace is very ery unlikely If it at all possible whilst Poland calls on Russia to surrender to her territory three times the size of ot Poland with a a. population of ot inhabitants of whom not even are Poles but about COO are Russians The Guardian says the Jews would have revolted long ago against the gov- gov gov government but the Jews do not dare to revolt for tor the attention of ot the Poles would be directed toward Semitic anti-Semitic excesses Friends of ot Poland assert the Guardians Guardian's picture Is slightly overdrawn since after atter the armistice the Poles had first to wrest their country from the Germans and I then erect a wall as wan as suggested by the allies against q against Bolshevism |