The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1919-04-21
SAYS GERMANY
IS P0WERLESS
MiIitarism Gone, Declares
Teuton Authority
By FRANK }. TAYLOR

Omitted Press staff correnpondenD
copyright. 1919. by the United rressi
BERLIN. April 20.-dDclayed.t ,
President IiavensteIn. Of the reiehs
bank, financial authority ~ his coun-
try, today described 10 the United
Press M the situation confronting
Germany. as IL appears 20 "a eonnerva'
tive.
summed up. hts viewpoint In this;
The allies. especially America,
hold Ocrnany's future In their
hands.
They must furnish Germany with
credit. with German labor as sole 80
curity.
Germany can pay a reasonable.
but not AN excessive indemnity.
France need not fear German mill
tarism. aa the government cannot
even defend itself against strikes.
German workmen are absolutely
crazy" They Will only go 20 work
when their need becomes great
Germany must abolish socialism.
only quick peac. and Americas
help can avert ftoishsyirnn.
IIavenntein was interviewed in his
severely plain little office. with tho
autographed photographs ~ Wilhelm
Iiohenzollern ana other former Prun'
sian royalty staring down upon us
from the walls. lie IN "a quiet. mod
est man and In dress and general mp.
pcarance would seem 90 be- anything
but famous capitalist
Opposes French Demand
Germany can carry tremendous
Internal and external debts. II the en-.
tenic's demands are not eKcensiye."
he said we cannot pay the figures
France demands They are out
rageoua. We cannot stand for rob
berry OF tho saar mines. In addition To
the iosE OF Alssee Lorraine. II would
leave ua without materials. but we
cannot cHpeck much from the Latins.
They are not large minded
France noed not heed German
militariHm. Germany has no mili,ar.
Ism now. She cannot even crush
the strikes. Look at Munich. The
entente IL responsible for Oermany's
future. Tho indsmnitlcs must be
low"
Asked ~ German finnnciern have
any plan for inducing the workmen
TO resume their posts. since the
banks are recognized AZ the back.
bone OF industry. iiarcnaiein replied.
THE hanks must support the in.
duairicH more than ever. They are
toppling an the result % LOSSES from
the strikes. We have no plans for
auir,ing the workmrn. They are
absolutely crazy. Their demands
are outrageous. We cannot deal
with insane people. The ~orkmcn
ask too much Wages are too high
now. Labor IL greedy and ava.
ririous.
The only thing that viii make
labor go TO work la need when
that becomes great they Will return
10 their posts. II also nil d.pnedn
upon the entente. They way to set
| tis the problem Is for the entente
10 give us a quick peace. good peace
send ur materials and food and grant
us credit This would pa, Germany
on her feet again.
1--WE must have imports TO get in.
duasry going. We must pay most of
our gold 20 set food oIAour people.
We canno, ray out all Of II. how.
ever. else the mark will drop In
value 10 nothing AZ all IL n 90
pfonnigs now. II win be raised 10
50 IL peace ~ favetable. and 10 90
II America lends va credit Then
would come the long. slow grind TO
max. the mark reach normal
~Germany's only bopa ID help from
the entente. which win enable us 10
produce articles the world wants. A,
present Germany cannot compete
with other nations because az hiHh
wages. Lsabora demands are ruin
Gus. We will have rsoishevism un-
iesn peace In made quickly and
America ,~ofr,ea 20 our assistance