New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-08-11

many Of her steamship piers in the
United States. 1t seems to me that
this is the first step in policy
which this country, in common with
Great Britain and perhaps other AL
lies, will have to adopt in order to
prevent Germany from financing her
next war with gold wrung from our
own pockets.
That policy must aim to prevent
Germany after the war from acquir-
ing the raw materials for export
commodities and the merchant ma
rine for carrying them, until, by
revolution or by some other act she
gives the guarantee President Will
son has demanded that she will
never again become the disturber of
the worlds peace.
Merchant marine-that which
England already possesses and the
100000 lightweight tons which
the United States Shipping Board
is now constructing-this is the key
to the policy. 1t will control the
shipping of the world, and hence the
distribution of the worlds treasures.
The policy could be administered by
an Anglo-American understanding,
perhaps by the Inter-Allied Eco
nomic Conference which Lord Rob-
ert Cecil has just announced. No
legislation would be necessary, for
whoever controls the sea by that
fact controls the world.
One more thing. We must not
only adopt this policy. We must tell
Germany about it moac. Nothing else
will so completely break her nerve.
Economics the
Strategical Point
For four years now we Allies have
condemned ourselves to the most
cruel, the most heartrending and
bitter disappointments in the way of
military operations because none of
us has had sense enough to study
the egotism in German philosophy,
and by cleaning out the German
snake within our midst give death
blow to the German power for pill
Laying other nations. One of Ger
many's own military prophets has
written:
"The power Of radical decision
of a world war has slipped away
from the armies; the strategical sit
uation is conditioned by the world
economic situation"
The realization that the great eco
nolnic weapons of the world are in
the hands of Germany's enemies is
agitating the leaders of German in
dustry. In pamphlet addressed to
the workingmen one of the directors
OF the Dresdner Bank says that the
control of raw materials by the En-
tente powers can be used with ter
rihle effect against Germany after
the war. In the same pamphlet the
chairman Of the Hamburg Shipping
Chamber says that peace which
does not bring renewed prosperity
to shipping companies and dock
yards means starvation for an armv
of Germans.
Starvation When
Trade Ceases
Albert Balm, head of the Ham
burg-Amerlcan Line, used to be
bosom pal Of Wilhelm II. He is no
longer, for his pocketbook has been
mt and his Unborn German egotism
and greed for future dividends have
made him see light. AS vet he and
other German magnates of industry,
who had allowed the Junkers to wipe
their feet on them for so many
years, haven't fight enough to rouse
the workingmen to stand against
the mllltarism which is robbinp
Germany Of the worlds markets.
But the workingmen and the women
OF Germany will stand on their own
feet if it is made plain that after
the war Germany can't get cotton
from Galveston. engines from Lynn
or dividends from Passaic with
which to buy raw materials to make
INTO manufactured goods and take
trade away from nations which sell
the raw materials. And, even though
she may manage somehow to build
or buy merchant vessels, Germans
must be made to understand that
there VIII be no piers in the United
states for German ships to dock at.
] have seen it estimated that the
income from German investments in
the United Statcs-straight invest
mcnts and investments hidden under
the guise Of American corporations
like the Bronze Powder Company. of
Elizabeth, n. j.; the Botany Wor-
sted Mills, of Passac, and others
which have and have not been listed
IN the press-~have Melted Germans