Show economic highlights L twenty years yeara after tho the war to wake ma ko tho the world safe mi to for democracy broto leland stowe a now york herald tribune foreign cor ident recently 35 out 0 of Eu Euro ropes people are living under dictatorships in 12 european countries and democracy la 19 banished d from four fifths of continental europe hir philip bibles gibles the well known novelist ard and journalist lins has sald tho the nations are arc arming again neil men who remember tho the war seem to bo be preparing for the next nothing was wan learned nothing was waa settled by that monstrous struggle for tho the past few weeks since altice tile german czech border crisis wax averted there L has as been beell quiet abroad but it has been nit an cowd angly quiet tw problems that confront europe grow steadily worse not better the armament rave race which has ken been going on oil for a year or two has been up and whilo the governments concerned attempt to keep it hidden it Is an open secret that mobilization to la underway by several major powers that almost all of tho the have perfected plans which make it possible sible to put tho the on oil a war basis ira in a few lieura ond and that there are moro men illen and more munitions at the various frontiers in central aral eur opo than at any time in the past the place to watch la Is still czechoslovakia oslo it Is truo true that littler hitler backed down a few weeks ago at it a time when n it seemed german invasion of the territory wits inured ai it to la lot true according to experts la in touch with af ac fairs that littler hitler lias has at all changed hu hla views or dellrea des lrea ile ho felt then eliat tho the time was not ripe and that the risk was too great largely it Is believed bell eved because he be lias has not been given satisfactory assurances su that italy will fight with him it if a general war brenka breaks out in spite of the home berlin axis Is apparently still pursuing suing a fonce fence sitting policy ho wants to back a winner the fact alone cilono my may bo be all that Is holding tile the reich in fit check 4 A few lays days ago a significant charge api appeared in ili the me attitude of the ali tiler levin nuin iiii toward the czecho thim prem Is per cent government nt controlled tho the arinel pal lit in jim an owned I 1 by high t officials such as paid for blout a the leri nim papers sald paid little about nil what little they wild mild wan relatively co contilla neilla tury tory now they halve opened it a now new against hitler bitter designed to laine tho the Ger gernitis nitin pt people ople are all tile the product of one ideal idea that lint iler der vater hailds Is ex bausted and that bluit either tho the czech government must accede to demands which would virtually make it a ward of germany or le be brought to tenus by military foix e it Is a certainty that ohse editorials art arc government and they indicate that littler hitler la is again considering invasion england LIn gland still holds the key ke v to the situation it la 19 english conciliation with germany and ionly that has encouraged the dictators and made them more than usually bold iloth both awl alid mussolini frankly hope hop that it will le be to disrupt the ancient franx o brit six ish alli alliare arc which isolate fran frana leave her with no nearby friend in europe surround her with dictatorships if as beems certain now nav the fus fascists elsts win lit in spain naiia anil greatly reduce tier her power abild tier influx influence nice the chatir chain ferlain government la Is apparently lii ill great fear of taking any stop step that thab might provoke the homo ber lin acho to retaliation as tile the un precedent cd mik of tier passing over with vitt mild protests tho the filse fascist bot attacks ou oil british merchant ships dunning to ports lit in loyalist Loyall st apalit allows there seems to iw be a strong and growing grower g popular copti in r i undercurrent a gaillat chamberlain tit in the alie isles nolen recently made the most aggressive gres sIve six ech flornt ho he loft left office in opposition loll to tile the governments policy tho the by as this column tills liaa pointed polli ted out before have been running against chamberlain the opposition has grown more vocal awl and weina to lavo gained gable d a supporters up in ili tho the CoI commons as well as among the people therefore three la always tim tho chance of oc a shift in ill the british government that would unseat and place in power sor sonie ono like eden or churchill who favor cooperation with the democracies against tile the dictators that many authorities think now prints presents the one hope for restraining hitler arol for saving czechoslovakia anol perhaps even frankf fruit the economic conom lc indexes con continue tIntie to io decline steel production has fallen oft off again prices have sagged furthers furt heri security priX ir lc vy while tiler havo licett no lilg hig breit breaks hs tend turnover of 11 tit tin new YO york 1 stock staci 11 in II 11 hii the hip smallest t lit in twenty year on oil the lie ollar liall lm d n in pt foil N t still yiuming ahead of production lit in many divid fields 4 willell which always wa 4 n good arbiter r lin III lm are devilli ing 1119 it 1 Is 14 4 felt that there will alx lx len l en 0 re stocking 1110 MIlet lit in the fall however it no otie one can call i forecast foreen gt whether tills this movement will mark ill the start of nn nit upward cycle or lie be of short duration |