Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-06-16

able to take care of herself and has
already made notable start on the
road to recovery. Russia is in bad
way, but Bolshevism is clearly on
the decline and ere long that disrupt
ed empire will also begin its process
of restoration, AS for our enemies,
we may even find it necessary to help
them get on their feet commercially;
for an impoverished Germany can
never pay indemnities, and perma-
nent ruin of Germany would not be
of the least benefit to the United
States; in fact, prosperous Ger
many is more in accordance with our
desires. If Germany will renounce
militarism, acknowledge her errors
and show some repentance for the
terrific crimes she has perpetrated
she will find her recovery easier and
vastly quicker than if she blindly
persists in the policy of world ha-
tired and super-selfishness.- AS for
the neutral countries of Europe, most
Of them have increased their wealth
immensely during the war and are
less in need of our assistance than the
remainder. One good sign of world
recuperation is furnished by the
British trade returns for May; the
total exports for the United Kingdom
in May being 100000 pounds
sterling, an increase of 20,000,000
pounds sterling, or nearly so per
cent; while imports were 1876, 100000
pounds sterling, an increase of 49,
100000 pounds sterling, or less than
10 per cent. AS English foreign
trade is more widely distributed than
that of any other nation, these fig
ures indicate a tendency toward
world wide recovery
Payment of Loans to Our Allies.
The suggestion made that our gov
eminent virtually make present to
the European nations of the $9,500,-
600, 600 which we have loaned to
them should not be seriously enter
tanned. We can make the terms of
payment easy, but final settlement
should be required. These nations
can follow the lead of the Swedish
Government who are now offering
$25, 100000 twenty-year six per cent.
gold bonds in this country. The AL
lied countries could act on the same
terms, and float large loans here, and
have the bonds listed on the New
York Stock Exchange, where they
would no doubt find ready market
as they would be looked upon as a
sound investment. This would be a
more dignified and fitting action and
more satisfactory to all parties con-
cerned.
Business at large continues prom
Using, especially in the agricultural
districts, which are banking upon the
exceptional prosperity that the farm
ers will enjoy for at least another
year. In the industrial sections the
situation though generally very prom
Using is spotty. The steel industry
drags somewhat and is running only
about 60 or 65 per cent of capacity
though there is much confidence in
early improvement. The textile
industries are very active and prices
are rising owing to advances in wages
and raw materials. Cotton and wool
en- manufacturers seem confident of
getting their share of the farmers
money. So they are purveyors of low
priced luxuries, such as jewelry,
monographs, pianos, automobiles,
etc. Machinery builders, makers of
tractors, harvest machinery, ETC., are
also very optimistic. The oil indus
try needless to say is exceedingly
prosperous and even the copper mar
ket shows hardening tendency. For
eign trade, though much unbalanced
us more active, exports of food and