Show e nele Released ed by Western Newspaper Union U. U S. S FARMERS WILL PROFIT BY BRETTON WOODS PLAN THE BRETTON WOODS agree agree- agreement agreement ment the principles of which have been written into the San Francisco Security pact is a long step in the direction of that world distribution problem that has been so badly need need- ed It can make possible the feed feed- feeding feeding ing of the hungry in whatever coun- coun country country try they may be It can provide markets for American wheat corn com meat and other products of American farms It makes of the world one market for world tion It provides distribution In the past for example when famine hit China and her people were dying by millions the govern govern- government government ment could do but little if anything towards providing food though the food in American warehouses and on the farms was rotting for lack of customers With the Bretton Woods agreement in operation there will willbe willbe be a fund through which China can secure credit on time longtime terms and at a stabilized exchange rate The fund through which China can secure credit is created by all na- na nations nations including China in proportion to the estimated ability of each to toa toa a total of several billion dollars It Itis Itis is a revolving fund to be loaned as credit to nations as they may need financial assistance in the promotion of international trade It should prove an impetus in the develop develop- development development ment of world production create an opportunity for the utilization of a nations nation's natural resources and by so doing increase living standards As living standards increase demand for commodities increase and a wider variety of American farm products wanted The American farmer will have a larger and more staple market lie will vill be producing food for the world when the world needs it and not be con con- confined confined fined to America only for his customers Yes the Bretton Woods agreement is the first long step in a system of world distribution from which no people can profit more than the American farmer In addition it means more economic stability throughout the world and that in turn is our best guarantee of world peace The real results will be a gradual development S WOODROW WILSON FAT FATHER ER OF SAN FRANCISCO PACT TO WOODROW WILSON 4 more ore than to any other one individual should go whatever credit may be due fur for the conception of the San Francisco Security pact It is a realization of his dream Some months ago I wrote in this column that Dumbarton Oaks was but the League of Nations covenant with the i addition of teeth in the way of force and the probable signature of the United States After eight weeks of discussion with a few changes of phraseology and a few trivial additions the San Francisco pact emerged as Dumbar- Dumbar Dumbarton ton Oaks President Wilson wanted teeth in his League covenant They were taken out as a compromise to toE E European statesmen He wanted the signature of the United States which the senate led by Senator Henry Cabot Lodge refused The San Francisco pact is what Wilson asked and worked for but did not see realized It took another world convulsion a change in the attitude of the United States toward internationalism internationalism and more adept diplo- diplo diplomacy diplomacy macy to bring it about Yes Woodrow Wilson was the real father fa- fa father ther of the Security pact S a a aTHE THE LADY was The rail rail- railroad railroad road had told her she could not have havea a compartment on a train leaving that day or any day within a month at the best That to her a free American citizen with money to pay for what she wanted She was sure American freedom had gone to pot There were no steaks on the hotel menu no imported wines She could have only two pairs of shoes a year when she wanted a dozen The ho- ho hetel hotel tel would l let t her have only a single room when she wanted a suite It was high time the outfit at Wash Wash- Washington Washington ington was told where to head in It was a safe bet that woman did not buy war bonds give blood or roll roU bandages for or the Red Cross or make contributions to war chari chari- ties She only thought she was an American She was an exception that proves the rule of what Amer- Amer Americans Americans really are a e MOST OF THE European coun- coun countries countries tries including England are head head- headed ed toward government operation of international trading the government govern govern- government ment to do the buying and selling in foreign markets Socialistic forces will if they can destroy private private vate enterprise in that field and also in the opera operation tion of railroads and oth- oth other other er utilities the mining of coal and other minerals and the operation of heavy industries the production of consumer goods and merchandising to be handled by private enterprise America might have hav been affected |