The Montgomery advertiser., 1907-12-01
GERMANS ARE
 PESSIMISTIC In Regard to financia
 Crisis. EMIGRANTs LEAVING AMERICA Prosperity in United States is on the Wane., German Financiers Say that What This Country Needs is Thorough
 Bank Reform. other Fore eign News.
BY WALTER DUNKIRK

Berlin Nov. 30.-German financiers are rather pessimistic in their view of not think that the outlook is very promising one. The increasing emi- grafton from the United States. which has broken all records this year Is pointed to as a very characteristic sign of the times and as all the people wno crowd back to Europe carry money out of the Country, the drain which will probably amount to more than a billion dollars, must be serious menance to the prosperity of the United States.
 Speaking about the finalcial crisis man Reichs Bank. said in an interview few days ago: America must work out her own salvation, Europe can do little or nothing. The gold which has the publfc's lack of confidence in the banking institutions of the country must be brought into circulation again. government to step in and that in the most energetic manner. The lack of a central institution for the issuing of course. felt very keeniy What the United States needs is thorough bank reform. or the present crisis must oc- cur I with eyer l shorter intervais; also here in Germany that the gold sup ply is insufficient is silly. America has enough silver in, coin and bullion.
 The only institution in the world not affected by the present crisis Is the Bank of France which sells gold at a lied with the. paper money of the coun- try. France is rich and her debt Is
 small. Germany, England. and Ameri-
 ca want gold, All the countries of Flu
 Holland. Belgium and Switzerland are safeguarding their gold against the American onslaught
 The main thing is that America re- covers By her own means. Prosperity there is on the wane. The decreasing
 orders for steel rails by the railroads and the discharge of thousands of workers are bad signs"
 {H Removal of Motto.
 The removal of the motto, ''In God we trust" from American coins by Pres ident Roosevelt has created discus l sion here, and it is safe to say that in | the opinion of the majority and even in | the opinion of the clergy he did right. A very prominent clergyman, whose | position at the Imperial court prevents | the use of his name, said to me when asked him what he thought of the Pres
 I also believe that fully understand | why so many people in America object l to it. The people of America, if the inn pression we get of them here Is correct | they are very anxious to make it ap- | pear so. They go to church, when they | do go. regularly and obstentatively, | their curch going is a habit like going | to business. When they have fulfilled
 their duty in visiting their church, they l consider that they have squared them l selves with the Lord and having done | so they need not take their conscience | with them into their business tranas- tions.
 It is safe to say that not one man in a thousand ever noticed the motto on | slns. put its removal gives the
 people a chance to assert themselces
 as godfearing, and it costs nothing to protest, so why should they not do so.
 It is said in the Holy Writ: Thou cannot serve God and Mammon," and for that reason I think it is a pretty good fdea to keep the name of God off the coins.
 Another clergyman whom I asked replied tersely: "The coin is the re- iigion of America so why should he not be allowed to have some religion
 on his coin?"