Evening star., 1916-07-30


that produced goods that were consid-
cred as rival products have been pill
laged. the material shipped to Germany,
also the machines taken apart and sent
to Germany. That which could not be
taken away was destroyed.
These damages have not fallen alike
upon ali the allies; nevertheless the en-
tente powers
Commercial Agreement have declared
a Practical Victory. itv in the rem
arations which would be exacted. Eng
land for example, will supply the mate
rial needed for textile industries before
supplying others. The policy OF the
allies is policy Of realities. Tho CEN
trail empires should restore that which
they have taken Off or destroyed The
economical agreement realized by the
allies in conference is of itself q VIC
tory.
Article XI of the treaty Of Frankfort
has constituted for Germany a powerful
arm. The unanimous accord of the al
lies on this point. as well as with ref
erence to certain privileges accorded
Germany in Russia and Italy, is signif-
cant of the intention of the allies to be
I liberated from her economical domina-
ton.
The proposed exclusion of Germany
from the allied combination means the
creation Of new commercial currency.
Italy, for example, produces annually a
vast quantity of primeur fruits and
other perishable products. If the Ger
man markets are eliminated reduced
tariffs of transportation will permit
Italy to place its products advantage
ouSly in allied markets
Russia foresees for her grains other
markets than those Of Germany; utiliZa-
tion almost limitless of industrial al
cohol supplies a vast resource. The
war has developed machinism to such a
point that essence has become rare: the
lack Of essence is such that Russia al
ready supplies vast quantities for
motors, aeroplanes and automobiles
Mr.. Hughes, prime minister of Aus
tria, declared in the conference that
not drachm Of zinc of Australia would
be permitted to pass to Germany. even
though the latter should require double
the quantity formerly purchased.
The committees of the conference have
agreed to study the making of defense
against dumping" and other abuses.
The more necessary that Germany has
established considerable stocks of mer-
chandise, made from raw materials. in
great part taken from the invaded
regions. 1t is inadmssible, said the
president. that the morning after the
ameliorate their rates of exchange by
selling to the allies merchandise pro-
duced with the raw material taken
from the allies.
prevent the Intervention of hostile ma
tions into their eco
Commercial nomical life. Certain
professions, such as
An1A usionS. bankers, stock brokers.
German and Austro Hungarian, have
been permitted to intervene in the
financial affairs Of the entente powers
to the detriment Of the latter. Foreign
commercial agencies established in
France have kept the adversaries Of the
entente powers informed on the COM
mercial and Industrial situation OF the
entente, their credit, their lack Of raw
material and other material. A perfect
organization had given these agencies
great facilities. and established in con-
nectfon Herewith formidable political
and commercial system of espionage.
Finally the committee of the confer
ence proposes to protect itself by an
ensemble of means agreed upon by all
the allies. The ensemble of these means.
forms, according to the president.
complete program of economical action.
A permanent committee. in fact, was
assembled Immediately following the
conference. under the presidency Of NJ.
Denys Cochin, minister of state. This
committee, it will be recalled, was es-
tablished by a resolution voted in the.
conference of March 25. 1t has for mis-
sion to coordinate the methods to be
employed in the divers questions OF
contraband and the restriction OF the
ana W during
A dispatch dated London. July "a,
received while writing the above. an
nounces that Premier Asquith made 1t
clear in the house of commons that
day that the appointment of COM
mittee in England to consider COM
mercial problems after the war. which
recently was announced in France,
would not interfere with the holding of
a larger conference in which the Do
minion would participate. And, re-
plying to a number of questions, the
premier said:
"In order that the conference may
have practical results, it is essential
to set up committee in
Asquith's London. The appoint
ment of this committee
nepIIes. will not interfere in any
way with free and unfettered dis
cussion of the problem with the over
seas representatives.
Recurring to what NJ. Victor Boret
has said about the commercial ohen-
sive in the morrow's economical battle,
it is necessary to correct certain i'm
pressions which are misleading. M
Boret writes:
while the intellectual elite Of the
allies will examine the general doc
trines of the economical laws OF to-
morrow, we have, as practitioners.
more modest but not less useful role,
and in any case more urgent; to cause
to rise from the soil of France pleads
of merchants, soldiers of affairs ready
to expatriate themselves to run the
globe over to show the quality OF
French products and take from Ger
many the trade they have formed by
constant solicitations or by menace OF
their arms. We should make mer-
chants. but merchants who should have
the commercial spirit. We should act
in such way that our consuls abroad
may hereafter be our collaborators.
This is excellent advice. certainly, but
it is singular that NJ Boret has ignored
the fact that following the war of 1870
II, France ur rdertook the task which
NJ Boret suggests as something new.
Schools of hig1er commercial education
were founded, and as consequence
geographical societies were
o,n,tad France The Conn