The sun., 1919-07-19
BUSINESS IN POLAND
SOLID, SAYS BANKER
Present Regime One Of Most
Stable in Europe, Warsaw
Man Asserts.
NEEDS MUCH FROM U. s.
Country Rapidly Recovering
From War, but Army Must
Stay Strong.

One OF the most stable Governments
in Europe-under Paderewski-and an
army OF half a million men, second to
none. are the guarantees which Poland
is Offering to American business. Con-
stantin Radkiewicz, a Warsaw banker,
told reporters at the Plaza Hotel yes
terday that his country was not only
ready to stand with her fine army as
the European bulwark against Bolshe-
vism but that business was already re-
suming In Warsaw and throughout the
land
The sheer love of country which en-
abled Poland to survive a century of alien
domination has set up a Government and
raised an army constituting a new ma.
ton on a firm basis" he said Poland
is as large as France and as populous
Her resources In agriculture. mines and
industry are extensive and varied. Even
In the past American firms who have
done business in Poland have done WELL
Mr.. Radkiewicz for many years rep
resented the New York Life Insurance
Company in Poland and southern Russia.
At present he is interested in many en-
terprises. chief OF which is the water
transport on the Fistula River and its
tributaries from Danzig to Warsaw and
all through Poland. His interests in
clude large sugar beet estates and ex-
tend through Russia as far as the Per-
sian border. On an island in the Caspian
Sea he has a mine of petrifled petroleum
from which valuable developments are
already coming.
Cordial Toward America.
Mr.. Radkiewicz testifies to the cordial
regard OF all Poles for America. This,
he says, began when Kosciuslko and Pu-
laski fought in the American Revolu-
ton. was built w as the four and a
half millions OF Polish emlgrants in this
country wrote home and praised the land
OF their adoption and eliminated with the
part American played in the world war,
particularly with the aid she has al
ready extended TO Poland.
The German invasion of Poland
stripped her almost completely of ma
terial facilities, cattle and horses. Never
theless, Mr.. Radkewicz reports, the
Polish farmers and their families have
already returned to the farms and are
working them through the peasant de-
votion to the soil There will be some
thing of harvest this year. and he
hopes that next years crops will make
Poland almost self-supporting.
ever. beginning with fertilizer. farm i'm
plenents and animals, and running
through the whole scale OF manufactured
pfoducts and raw material The spirit
OF Bolshevism has never found root in
Poland, and the people are already n
work with what tools they have at hand
Mr.. Radkiewicz made a vigorous de.
MEL of the reports that there had been
pogroms in Poland.
NO more than there are in this room
at the present moment" he replied
quickly to n question. He explained that
under former regimes the Jews had been
crowded into the ghettos of the smaller
cities and that naturally they had de-
Perforated. To some extent these
wretched people were used by the Rus
sian and German plotters. Mr. Radkie-
wicz asserts that the fullest liberties
are now granted to the Jews. and that
they are rapidly responding and taking
an important part in the reconstruction
of the country
The Polish Government has already
esta blished credit OF 100000 with
American bankers. but the proceeds OF
this loan are to be used largely for mill
tary purposes.
1T is essential that Poland have a
good army" says Mr. Radkiewicz for
we stand between the Teuton and the
Bolshevik. We must protect our from
tiers. And that is the only purpose for
which the army will be used. II Is false
to make charges of aggression against
us, for We are not militarist people
Ollg army is efficient and we'll disciplined
1t is illed with patriotic democrats
thousands of whom got their training
in democracy in America"
Further advances will be necessary
Mr.. Radkiewicz admits, in order &c
finance the needed industrial purchases
hut, he says, the Polish Government
stands ready to guarantee all. in order
that the value of Polish currency and
exchange may be kept somewhere neal
normal until she is ready in two OF
three years to begin exporting on
scale that will maintain the standard
without artificial aid.
Quick Action Necessary.
Quick action. he says, Is necessary
that Poland may not be compelled Il
turn TO the nearby German markets
She has no desire to do so, as evidenced
by her efforts to buy in America. Nor
says Mr.. Radkewicz, should the Polish
market be considered as limited tc
Poland itself. The tributaries OF the
Vistula extend across the Russian Dor
Ger into Lltnuanla ana tne bhThlHe AM
the rail systems will do the same Mans
Polish business men already have eX
tensive interests in those lands. Not
only is Poland the bulwark against Boil
shevism but the key to the Russian
market when Bolshevism has once beer
eliminated. The Germans he says, real
ize this and are already sending theil
agents through the country, but these
agents are handicapped by the hatred
of the Polish people and by their in
ability to promise deliveries.
There is no greater national idol ir
the world than Paderewski, says NJ :
Radkiewicz. He came To Paris AND
lived there with the Premier for severa
days. In Poland he is looked upon al
the national savior. In Paris he is nc
less popular. Before Paderewski ar
rived in Poland Socialist governments
had been set up in some OF the liberated
provinces.
"It was our best cure for Bolshevism.'
says Mr.. Radkiewicz. Though they
lasted only thirty days every one who
lad anything to do with them will have