Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-03-22
EUROPE FAST USING
UP ALL ITS CREDIT,
HOOvER'S WARMING
Unless Production Is Resumed
Worse Food Situation Is
Certain Next Year. Urges
"Back to Work" Slogan
Copyright, 1919, by the Press Pub
fishing Co.
(The New York World)
(SDecial Cable DESPATCH


Especial Gable Despatch.)
Paris, March 21-"There is one
very broad issue in all this food prob
lem-finanee," declared Herbert G.
Hoover today in an exclusive inter-
view he gave on the vast task before
the Supreme Economic Council of
feeding Europe. He continued;
Europe cannot go on spending its
liquid reserves and securing credits
for the purpose of food. There is not
enough credit reserve in the world
with which to supply Europe unless
it can get back at once to the produc-
ton of commodities.
1.-THE slogan of Europe ought to be
Get back to work There are some
four or five hundred million people in
Europe who, year by year, can Just
barely manage to produce enough in
food, or commodities which they can
exchange for food, to live, with no
great gain in their reserves or in their
wealth.
Production Clock Stopped.
ITO a great extent the whole pro-
ducton clock is stopped. We are
working on a wholly artificial basis
the artificial basis of obtaining food
on credit and taking the liquid re-
sources of the different countries of
Europe in exchange for it without q
corresponding exchange of commodi-
ties. That simply cannot last.
"If Europe does not get down to
work in a very short time, we are
going to have a repetition of this
present food situation a year hence,
and the world will then be much less
able to stand the shock than it can
ha, 20 G
early as possible and then all our
countries can GO back to work"
Mr.. Hoover prefaced the CONVEX
sation by emphasizing the fact that
the allies had the plain, human duty
to see that the peoples who had been
liberated from the German grip were
fed
1t was not only a matter of the
highest human sentiment in saving
life but an obligation that would have
priority, he declared.
During the period of the armistice
the difficulty in Europe has been to
organize finances" said Mr.. Hoover
"The critical months will be April
May and June. If we can get over
these months we will have saved the
situation because the peoples vii
have begun to get more food from
tho ground"
Mr.. Hoover puts the ship tonnage
to he obtained from Germany at 20
100000 tons, but he fears, it will be
some time before the vessels can bt
used for carrying food.
"The allied governments will use
Thorn to transport troops with the un
derstanding that an equivalen
amount of cargo CARRYING tonnage
L 7 L,
always felt that the difficulties IL
feeding Europe would be increased
by the millions of mouths to be filled
which have been added since the ar
mistice. These peoples could be rec
only with the help of German ton
mage. 1t was the plain duty of Tho
Germans. to hand over their ships
They have destroyed the worlds ship
ping. vt is they who have brough
about this state of things. 1t is ont
of the afterinaths of their own actor
and they should furnish the tonnage
with which to carry food directly 81
indirectly TO Belgium. Poland, Greater
Serbia, Czecho-S lovakia and the 9th
err peoples of Europe.
Allies Must Share Burden.
Altogether the requirements of the
liberated regions are from 100000 t,
100000 tons month";" he said "This
means the employment of from 10000
to 10000 tons of shipping for the re
lief of the liberated peoples alone
and brings us squarely up to the ship
ping problem. To feed these liber
ated peoples the American shippinf
board, has. up until today, carried
the bulk of the burden During Tho
month of March I think we shall
oil n
foodstuffs. You will see that falls
considerably short of the program
and therefore we must have assist
ance from the allied governments
who, up to the present. have delivered
in European ports $4,000 tons of foot
for relief.
"The burden is larger than any ONT
country can carry" he continued
"The cargo carrying tonnage of th'
four great governments, after deduct
ing the tonnage supplied for militaT!
purposes, probably totals from 15,
100000 to 100000 tons, out O.
which the Americans have probabl!
20 to 20 per cent. We must maintain
the economic stability of all our fou
peoples in addition to shouldering thu
burden of relief. Neither France no
Italy has sufficient tonnage to pro
vide for her own necessary services
and therefore sacrifices have to b.
made from British and America,
tonnage to carry the needed supple
to all quarters
Coordination Needed.
an other words, the coordination
of the employment of tonnage is no
over. Looking at it from the view
point of world tonnage, these sacri
fices ought to be placed on basis o
equality in proportion to the re
sources of the four great nations
The American shipping board and tn
British shipping ministry are bot
making every exertion in these di
rections. Both countries are carry
ing ont their share in about the RICH
proportions, France and Italy re
quire more assistance, and still fur
Their sacrifices will have to be mace
"A great deal of relief will b
found for this situation when Ger
man shipping becomes available. bu
two or three months will be neces
sary before this extra tonnage throw
into the pool can be used. The Ger
man food situation is acute. but
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