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Show "Reducing Whole World to Bankruptcy" Insistence by the people of all nations na-tions that statesmen change their political po-litical and economic policies is the only 'means of averting an approach, ing world catastrophe, Sir George I'alsh, English economist and former adviser to the British treasury said In an address to tho thirteenth annual an-nual convention of the American Manufacturers Manu-facturers Export association. "The statesmen of all nations," ho declared, "are engaged In a common com-mon effort to prevent the nations from meeting their obligations to each other oth-er and thus reducing the whole world to bankruptcy. Already the policy of the statesmen of Europe is fast bringing bring-ing the strongest nations to ruin and before long the statesmen of the other, nations, if permitted to do so, will' bring their countries into a similar condition. It is therefore of the greatest possible moment that the business men ana peoples of all nations should seek to understand and to realize the disastrous dis-astrous consequences that must ensue from the present policies of those responsible re-sponsible for national and international affairs and should Insist upon Buca changes of policy that will avert the catastrophe towards which the entire world is now moving, with ever Increasing rapidity." Sir George charged that the United States was contributing to the general economic chaos by its new tariff law and by refusing to accept payment for obligations in any medium except gold. He declared that he was not criticizing criticiz-ing the United States which, he said, had done during the war "and until recently" re-cently" everything the civilized nations could expect of her. |
