Show MUST ACCEPT DAWES TO GET LOAN France Franca Must Maintain Conservative Policy Or Money MayBe May Be Lost B By Special European Correspondent of oTlie The Standard ExamIner ht Copi 1924 by The Th Consoli- Consoli Consolidated dated Press Association American gold lold continues to be bethe b the dominating factor In European politics politic Germany will accept the tilD Dawes wes report to get let a large lane loan France Fronce will be bo obligated to ta main main- maintain maintain tam tain her present fiscal policy e en e n under a a government In order to retain support of ot Amen Ameri American I can bankers So says ays William ll hind hindin In hi his bis weekly dispatch Coda tada today New NewYork NewYork NewYork York Is the real capitol capital of at both countrIes There Ther are re signs Ins too tal hoys hosty ho sty ys iy that socIalism Is waning In Europe and that again It Is Amen Ameri American can gold cold that i Is counted on to I bring conservatives conservative buck back to ta i tai power I II I I PARIS May M y While H 24 While th the tha new new- newly newly newly ly elected majorities In both Iani and Berlin hn haM hase e been struggling this week weel Hith Ith the th problem of at forming farming cabinet and nd determining policies they hove have to 10 their discomfiture that the nal c of ot both countries Is not Berlin or Paris but N Now New w German nationalists who won an on a platform or I the es D find t their hands tied If It they reject thc r report port t I 11 icy cannot get set a 11 foreIgn loin n and as athe the thc German treo nry stand stana stands tod n a foreign loan laan Is 18 1 absolutely essen essen- essential essential 1101 The Cartel Des Gauche in France non an the elections on n the promis to reduce ta taxes es ut I-ut the first thing they discover on looking Into the th books i Is that It if ta- ta cs are reduced American banking sup sup- support sup support port part of ot the Franc which was granted with tho the lID kno 0 an and informal appi oval of ot the AmerIcan government nih be withdrawn find and nothing but a miracle can save so the franc trane from collapse MUST MIST n T SWALLOW D 3 VEc WEd Therefore Germanys Germany's ne go- go ov eminent iii swallow allow the Dawes which L iii not nat be difficult he- he be t-e because cause enuse most mat Germans want to ta ace lieI f It adopted adoptee even the who are chiefly Interested in see see- seeing Ins Ing the Ruhr evacuated e But 7 who now seems to be b the most likely choice for tor premier Is In a 0 serious pickle His Hia 0 own n party panty radical socialist t will of or course courso tc ac- ac accept 1 a as gracefully s os i possible the need tor for maintaining M IS n Poin T I I care earo cares s a taxes But ahat of ar their socialist allies who mad made mada tIer Her HerrIot's rIots rIot's possible They stood against taxes to the last ditch and thel e Is 1 no reason to suppose they will ac- ac accept accept ac accept them with better grace crace when proposed by iu M J Alread therefore thel e art are signs ot of a It oJ dep ep rift In the tho left ranks rank It may seem seema a far tar cry to prophesy an eventual coalition bet bet Been een the tha Cartel Cartti Des Gauchos Gauches and the bloc national which defeated the Cartel Carted s su recently de do do- do But the writ writ- writer writer er or belles belle believes es that K It the Socialist adhere to their electoral program this Is bau bound nd to happ happen n I many many months month just lust as It Is practically certain that as oon as the British conservatives feel teLl the time I Is ripe ripI for tor general elections election Asquith's Liberals will S s switch Itch to La theIr side and tUI n out the La- La La barites TO LT SOCI LI LIf f r What hat I Is happening through Europe Is a unit unit- ing uniting ot of Conservative and Liberal parties panties Into a solid bloc tot tOI to 11 0 purpose of at checking nith Ith the tho aid of ot American gold fold It Is keenly felt In both bath France Fronce and American Germany today taday that It If Ameri- Ameri Amen can can Influence Is strongly t placed laced on en the side aide ot of orderly anti antl elements In continental politics politic and exercised that thi this Influence Is exer cled not only through private American loans but hut also through the Ameri Ameni can governments t handling of at o the international debt a 11 settlement may easily be decisive Although this thi influence Is duo duo- denounced de denounced as unwarranted un by the Socialist press and some senor omo Liberal organs this criticism la is not nat gen gen- eral general fen leal-It leal because most moat Europeans leal- leal I e that America has a 0 n ht right g t t to withhold financial support a disorderly government or ar tory tory policies just as a private privat In- In investor In Inventor vestor would decline to put money Into a Q corporation which he hc d deemed emed unsound I But passage pas ace of ot the bonu bU bonus bill already raises raise considerable hension apprehension as ag a to how much longer langer the American administration con on on con continue to ta bit alt on an the th lid on the d debt bt Question no matter mailer how haw debtors may behave themselves Tills This apprehension no io doubt ac- ac accounts account ac accounts counts count for the th otherwise fall all In the franc frano fran In the thelast thela I last t few days day despite th-s th th Do De Trance France s enormous sacrifices ot of foreign securities |