The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-03-20
LOOK TO AMERICA
FOR SAVING HELP
Nv HOLLAND

New York. March 19.-(Special.) -frl-
yate and almost confidential communica-
tons which have been received in this
countrv from men of affairs in Europe,
especially England and France, clearly
intimate that the world is now LOOKING 10
the United States for that saving help
which must begin if the aftermath OF
tho war is not even more alarming than
was the war itself.
This is spoken of in these con1munica-
| tions as not a selfish interest or reject
| ing any unworthy desire to unload upon
1.-THE United States much, possibly nearly
all. of the responsibilities and burdens
which II will be necessary to assume II
lciyiuzation in Europe is saved II hnan-
cially PROSTATE France is relieved, II BEL
| GUM, is restored and if the appalling
| burden of taxation and debt which Eng
land is bearing is to be lightened.
| II has become known to Europe That
the resources of the United states IN
money. wealth and agricultural as well
las manufacturing production are sun stu
pendous not equalled by those OF any
other country. That is to say II from the
| aggregate of our national wealth there
! he substra cted the extraordinary expenses
| incurred by the war nevertheless that
| would leave resources of all kinds aggre-
eating 10000 100000.
First of all Europe must depend for a
year or two, and possibly, II Russia Is
taken into consideration, for iohSer
time than that upon the United states
| for a considerable part of needed 1000
supplies Argentina, Austria, India, pos
| sibly. but at present not Russia or Ru-
mania. can perhaps furnish Europe with
adequate supplies of wheat supplement-
ing in that way the wheat when the
United States and Canada will be able to
send to Europe. 1t is an interesting Iac'
| that when the United States is spoken
of with reference to food supplies oah
ada is also mentioned so that it Is the
| A merican hemisphere, if Argentina be
Included. as source of wheat supply,
upon which Europe is largely Depending
! for adequate grain food.
! Word has reached Europe. that in all
probability the United States and can
| ad combined will harvest this year from
ST. go, 0C0O to 1.50O $4,000 bushels of wheat
/ they furnishing vast surplus for export.
HOW 1T is TO BE PAID
Frank A Vanderlip and others ihclua-
ing the American financial ADVISORS wh.
are now IN Europe, are convinced tha'
the food supplies which Europe buys In
| the United States and upon which she
| must depend for a year or two can be
paid for in no other way than by Dor"
/ rowing money or establishing credits In
1.-The United States.
! Then there is the question of the wal
| debt of Europe and the intimation tna'
| 4 NAV be necessary to ask the assist
lance OF the United states in liquidatins
! hat debt There appears to be no dif,
ference Of opinion among the hn2ac "a
| eaders that this is something which tbs
\ Cnited States should not be called upon
to do. To assume any part o. the bur'e'
OF the war debt of France. England OF
| the other nations is believed TO be not
/ only unfair, but also impracticable. we
| have our own war debt to take care or
| Proportionately to the time we were
/ the war it is as heavy a debt as TN
| ones which the other nations have In
/ Cured We are financing that by taxa
alton and by subscriptions to loans AM
must ultimately refund it into some form
of permanent obligations.
n But our fnanciers say that If it woult
be unfair to ourselves if we undertook