The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1918-08-06
But Economic Experts Are
Giving Much Study to the
Question
CHANGED CONDITIONS
UNSETTLE POLICIES
Paris Resolutions Made Obsolete by
Entrance of United States into Con-
fiict-Lloyd George Favors Increas-
ing Penalty as War is Prolonged.

WASHINGTON, Aug. 5.-''The war
after the war; may be under consid-
Grafton among the allied nations. If
this is a correct understanding it makes
a feeling of confidence among the allies
that a victorious ending of the great
conflict is already in sight. The sup
position that the allies are exchanging
views on the subject of economic adj
iustments when hostilities are con-
cluded is deducted from an utterance
by prime Minister Lloyd George in his
speech before the National Union of
Manufacturers in London.
Concerning the Paris resolution of
the European allies, which declare for
an economic league of nations against
Germany, the prime minister said:
Cup to the present America has ex-
pressed no opinion upon them, and it
is virtually important that the policy of
America and that of this country should
be in complete agreement on economic,
as well as other problems -
President Wilson, in one of his adj
dresses to congress, indicated that he
was not in accord with the idea of
forming league of nations to boycott
Germany commercially when the war
was over
This government apparently took the
position first that there should not be
an economic war after the war, keeping
the world still divided into two groups
there should be no economic war after
the war unless the aims of the present
war should fall short of naturalization
and peace should have to be negotiated
with the present German government
on a basis that did not remove the
menace of Prussian militarism from the
earth.
In official quarters it is declared that
this government has not formulated any
economic policy to be pursued after
the war, bat experts are giving the pro
foundest study to the question. 1t is
said to be the desire of President Will
son to avoid situation which would
nccessitate, in his mind, the practice of
restrictions which would deny to the
German people after the war a natural
right to engage in commerce with the
world upon reasonable terms and condi
tions.
Mr.. Lloyd George, however, has pre-
scented the subject in a new aspect, that
of compelling Germany to pay the cost
of the war to the allies by increasing
{ the penalties to be imposed upon thai
country because of its prolongation Of
the war, causing greater outlay Of sac
rifce, both human and material, to tn,
allies.
1t is felt in certain quarters here tina
the Paris conference resolutions offe
faulty program for protecting the in
forests of the allies after the war; tina
: the changed conditions, together wit
b. the entry of the United States into tn
/ war, have already made that documen
S obsolete, and that the question Wi
$ have to be studied anew by the assc
J. ciated powers and fresh program lai
a down, which, nevertheless, will itself b
d subject to revision accordingly as d'
q velopments may dictate.
1t is believed that Great Britain wi
i take the leadership in a new movomer
: for another economic conference of Il
:, allied nations, in which the Unite
States would be represented.