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Show SlATIGN IS HEAT NEED OF GERMANY NOW rernor Cox Declares Na-. Na-. m Lacks Elements For Prosperity. TNOT PAY BIG DEBT fclares "Hoover Should Kike Umpire and I Save Crisis. GOV. COX SAYS: t will be seen ataman BXtials of Gcrnmn .ru.-;erlt;, Ung. Sh'' has a k i 0 m trial r, -r.-. 1 .. . 1 ople I Httustrlou? and frugal, but ..;. IDot do the Impossible. n leavine G rmnnv. the nnM---, bed A 1 11. tii 1 ' BCt for t he pi s.-nl Ik ail 3 rnm'-nt and the I tbial l Ktry w .-. Uaett: i-u a base ot Hft can be csiaMi- i ii'il 'l ElC go to ' Hpiajor pan of the 1 I junker IS realizes thai imperial Ism jMpart of a day that will B " ke back. Eere Is no interest what 01 -Jmt kaiser Tlx- I. fed h'.m i i leratmn .1 1, I Knmcn i.i insis? that fcfa I -y-. . fStr " : r 1 1 a - fanes now stems 10 oc quife iTlacr I ; ha: Germ a m anmd I "fnrn .- ... n r. 1 ft. i -B mlri'i ai.f.t . 1 . '1 ; unr' :!'- I Hplnlon Every financial ni-m ni-m who 11 visited central if jpe ehti j ! v;i v. yet im':i 1 : .ne. i BY ,TMi:s M. COX. Fornii-r GoiTiior Of Ohio. r'jHre&t man- Americans visited Many While most em TCgarded conditions as iir-ble, iir-ble, ynu occasionally ran Into Hrho insisted that the country' MErospiTM .is In feany there, is Industrial activity Bh tho mark running irom lo"0 to the dollar, there ran In pin llr.'-s i some activity, bu Jput mii.ii , 1 . . 1.. r,ty. jBavarla :,r. bells vm iv t il.' r iim the c Ii mi hes and the metal 9Hutf the organs. The material ...Malned v. p of munitions r.a'.uria is the ..'tinol pari ol nd " I T to I" : r tli.' I ,, (,,' "res v.., n ...J. .j. 1. .1 hen t'.Kii jHv the communities 01 t, B-'ust have had Me. perlem Cross authorises . hum H it .rvatinri Immediatelv after ihe P It did in killed durinpr (l.fHBhe .sui, r 1 ' j r 1 1 on-tonth of Btor;. ... 1 I,, r J .1 in "ttiore than i.ne-ha'l "f lor or. ts.. -': ml . 1 n -I ill billion In t . r in ml nine-'.-nt . 1 She Issued billions dollars' ,,. of bonds during the war .nd defielt ,,f in i,ii!i.,n bi-sldos, has been uun.il as a floating Jfincsa. Dr. Helffrleh who vai r of finance durlnp most of t, .stated that at no time drur-rafUr drur-rafUr 1 . was the government X?- I float a ny li. .i,.p BJ B6 face of these unfavorable 1 dlshe.-: rte r..iv.- .-. .n . 1 n i, aspects, ny has produced a prosperity, CMl f3' rman people possess more Jypagic powrs In business. ARKS TO SPI.Cn.ATORS. stocks r.-diieeij In nil line,-BB line,-BB call upon certain in ..I is-lI'fHt is-lI'fHt whatever measure of pris- Germany has had since the ,oJ . .,ha ' " "' '' "m '1 '' 11? thre. and one-half billion dol- orth of marks to Investors and '"' ltors. most or it,,.,,, living In f ar"l the -,,,, States Mi Id MrKfn,;.,. ,,,,, of the Rreat 8 of London, s ild t Int his ln-U ln-U found it ne, essary at ,,ne create a separate department (i, car, of the t remendoiis il-.c. il-.c. 1 trad, in German marks The ., lat Germans realized n cash Serene betreen the Cosl of ,.i fa rev bn.lr.-.i ..., oi pape, e an.d ,,,,, .hair bl!ilnn dollara "' ff-m "r' the r ,1, , l"s, ' Ul"::' ,"!,rl- have td-' fSZZl: ,h" "'f rable ACKI(, l.mT!LS. Jdo not bring int., th v.'1"0 !s. on German ship-the ship-the dividends received on ivestments, then ym, v,,,uld the balance of Lr , l- 1 1 ,, f war was agalnsl GJerma d , KU. amounted to eleven and bilhoi, marks, lhlJ exports nd one-half billion marks me on her foreign Invest-Bounted Invest-Bounted ,,, Kboui two bit-. bit-. and th. profits on shlp- pjpntlmiel on Pngo Two) MEDIATION IS GERMAN NEED Governor Cox Says Nation Could Be Put On Satisfying Satis-fying Basis. (Oontlnne.1 Ironi Page One.) ping aggregated one-half billion marks. It will be seen at a glance that the essentials of Oermnn prosperity are lacking. She has a remarkable Industrial In-dustrial organization. Her people are industrious and frugal, but they run-not run-not do flte impossible. If the, feeling feel-ing exists in Germany that she can ond will escape the costs of reparations, repara-tions, one would naturally expeet to find It among the reaetionary or old royalist groups. Dr. IlHffrlch would be put In this classification, and yet he uKsted as a base of settlement an amount whleb English bankers Insist In-sist Oermany cannot pay. The average American who goes In to Germany carried the impression with him that the povernment Is unstable, un-stable, and that the liirmnn nation Is trying to evade payments which she can afford to make On leaving Germany, thA unprejudiced American takes with him. respect for the present pres-ent heads of government and the belief be-lief that the country wants the reparations repara-tions question settled in order that a base of credit can be established and the people go to work. When Bb rl was elected president, the lndutrlal masses were enthusiastic, but the idsrs in banking ond business .-pressed .-pressed only ridicule They expected to find in him an untutored, uncouth un-couth and unsafe individual They have lien disappointed. M y UNX761 IL men. The trades movement hns devel. oped many unusual men in all parts Of the world. Ebert Is one of them. Me has i" en a close and Intelligent 11 1 Isnt of economics. Ho opposed bitterly the royalist regime, but he realized that the radicalism of a part of his supporters would. If translated trans-lated Into administrative policy, wreck the government He has been sufficiently suf-ficiently progressive to hold the confidence con-fidence of the mosses, and Industrial leaders agree that h haa exhibited such qualities of courage. wisdo n and poise In the midst of trying conditions con-ditions as to remove their prejudice. At h commercial meeting held in Hamburg di:rlng the summer, he received re-ceived a demonstration from a. tsmblsd Industrial chlefn which surprised sur-prised most people, and shocked the old royalist crowd. .Mr Moughtwn, the American rm-bassadci rm-bassadci to Berlin, a successful business busi-ness man himself, speaks in the highest terms of Ebert. Dr Wlrth the chancellor( is not of Ebort's political po-litical party. He Is of the Intellectual j;roup. The ruling opinion In the chancelleries of Europe is that Wlrth Is nblo and is sincerely trying to accomplish ac-complish two things tho readjustment readjust-ment of the reparations question on terms thot will enable Qermany to llvs and to pay her creditors up to hi r paying capacity During the summer there did not appear to be the slightest chance of tho government being overthrown The. major part of the old Junker class realizes thot Imperialism was tho part of a day that will never come back. There has been some talk of an Independent Bavaria, bul It Is not regarded seriously In Herl'n There is no Interest whatsoever in the kaiser The mass has dismissed him from conlderatlon and the com-mer. com-mer. ial classes lnnlwt that foreign sountrlss In attributing certain war policies to the kaiser considerably SVSrCStlmated his capacity They say :hnt he a i ways was a weakling, possessed pos-sessed of nn inordinate vanity and I ove of pomp and display. Their further contention Is that !n tho last few years of his reign hr. had a very unhappy existence. Tho Ludendorff crowd representing the extreme mllltarlnts would tulk htm Into one view and the pacifists Into mother, tho result being that ordinarily ordi-narily he was in the neutral zone, possessing the confidence of neither MIS of the opposing interests, BRIDGE OF (;old. 1 talked with a gentleman in Berlin who WSS with the kaiser in 1914 at general headquarters when all rations had been made for the entrance to Paris. On the evening, in question, mo noiser was run or plans for the peace terms. Ho In-1 fisted that he would bo so generous that historians would speak of hun :reat r maker. "Wo will b 1 id ' he salds bridge of gold across the frontier to France as a! lymhol of th policies that will endure when the war is over " He expre (treat surprise that England should! come into the wai. Not a long time before, members: of German and English tilled fain-' Hies had been married At this function func-tion tho knlser said there had been; 1 many felicitous assurances that 1 felt confident England would no Join In any war movement against Qermany. I Inquired of my inform-! ant what tht kaiser In hla pence terms would have done with thr. boundary line between Germany and' 1 ranee, His response was. "the ScalSOr I said that there were certa'u imper-l rectlons In the frontier and h" would 1 lurroly straighten them our.' Titer.' Is u universal af'cctlon In' "1 ;'or Hlndenburg. but iDt for Ludi n.lorf. m IR1 VB IX OAK BE Fl i It will not be denied t ha t iiminy j his 10 million mor people than shot can support except by ke-p'ng her! Industries at the very peak of prolusion. pro-lusion. If economic collape cOBASSb ' and It certainly Is on Its way. at least these '.'O millions will be thrown Into a state of dependent - Revo- j lUtlOll f. SdS upon hunger. Thl jov-trnrosnt, jov-trnrosnt, in all probability would not long survive on economic status I "ii. 1 .irab'e ti. 1 lint m Ausl. ... When in London I gfprnsss the j Opinion that Germany was noi mors than eight months behind At. stria la her economic decline and that ono thing ami one thing only would avert the disaster, thut being a readjustment readjust-ment of reparations. It Is unfair both to France and to the American pe.ire commissioner tO charge them with responsibility tor the Imposing of 136 billion gold marks on Germany. Franco now cems to be quite convinced that Germany cannot pay. There la no doubt In the German mind about It. Lloyd George has unreservedly expressed ex-pressed this as his opinion. Eve- financial authority who has visited central Europe entertains the same view and yet nothing is done. All r-overnments pay attention to public . pinion as they sense It, OarsfUl observers believe that the Praaeh government has not proper! analysed the nubile opinion of that country It is nr1-rPleh and a British Brit-ish decision mould j rejected for obvious reasons. T?jS SCptanc.. of r G rnun proposal might Imply sur n uder. I am convin ed that there 1 a flguro in tho bark of the official t d of France that has not been expressed The whole psychology n such that an Independent J.idgmert would bring the deadlock to an end. 1 Ml (Ul - I ( Ith.s There Is no Independent national agency, however so Influential at this time as America, If the Amsr lean representative were known Ii European Countries and respct.iei both for lils fairness of mind and not ural ahllltltt, tho situation would b-Just b-Just that much improved. That h why the nm of Herbert C. Hcovci was proposed. His relation wltl European affairs was not such as tc create any enmities. His ser Ic wa. that of tho good Samaritan. He coulc have rendered ft vast contribution H humanity ho could have brougln honor lo America and credit to th administration Tho offices of mediator could hav boon given as a member of tho reparations repara-tions commission. The admlnlstratlor has recognized thin organization. Bj designating Mr. Hoovor It would noi have been necessary to depart frorr establlshed policy. Ho OOUld proper! have refrained from discussing Interallied Inter-allied debts For the presen'. at lcarl the two questions can be kept apart But Mr. Hooter has not been assigned to the work. It is my opinion thai every nation In Europe would hnv-VT hnv-VT Bloomed his coming. With reparations nettled. Oermo.n could easily 0 egO tints a loan. 1'av-inentn 1'av-inentn would start to France, and matters would bo much improved world-wide. Qermany would bo buying buy-ing copper, oil, foodstuffs ond oottor from America. Demand makes bettei prices and it Is In this respect lhal America would Instantlv have rdt ih favorable effect of a settlement. (Copyright, 1022. NUA Service, Inc.) England's affolrs and Lloyd Oeorg. are token up by ex-Oovornor Cox It Monday's article. |