The Washington herald., 1919-08-07
Financial News----New York and Local Stocks
EUROPE NEEDS
YANKEE BRAINS
Holland Describes Cond.
tions That Led Lamont to
Say Youth Must Help.

II Thomas ". Lamont found time
10 write a diary in which he re-
corded each evening those things
which took place at the Peace Con-
ference it would surely be Of value
10 the historians who. when the
proper time comes tell the story of
the conference, in all its aspects.
When Mr.. Lamont was commits
stoned by President Wilson to
serve in Paris so that the represent
atives Of the United States could
ne sbundantly fortified with infor-
nation, with facts and with expert
opinion, the appointment was rec
osnized as possibly the wisest
which could have been made.
Since Mr.. Lamont's return he has
oten as silent a $ the Sphinx. Yet
II was known that the services
which Mr.. Lamont was able to give
were Of the highest value. \. c.
Bedford upon his return a few days
aSU from Europe spoke in terms OF
unneasured admiration Of Mr.. La
monts industry and Of the value
cI the information and suggestions
which he gave. many Of which were
acted upon. Others who have known
OF Mr. Lamont's service have spoke
III IKE terms oil II.
1t may be that Mr.. Lamont thought
1t worth while to wait until he join
ed with some Of his fellow alumni
of Harvard in making preparations
for the securing of $1,000, 900 from
the graduates before he made a
statement of his experiences in Eu-
rope. 1t is the opinion Of Harvard
alumni in this city that upon Mr.
Lamont will be placed much OF the
possibility for securing from the
alumni the S1lOOO.OOO which are
needed in order adequately to en-
dow the university with an income
whereby the instructors can here
after receive fair compensation.
They Look to America"
Only once in MIR. Larlonts ad-
dress to the Harvard graduates did
he refer directly to h. experiences
at the Peace Conference. But that
reference was dramatic and pictur-
ed forth in brief but impressive
manner certain things which he saw
at the conference. He said that
CIemenceau. Lloyd George and Or
lando, as he saw them at the con-
ference day by day. did not wiring
their hands over the past or the
present but they revealed in en-
phatie manner their great appreheh-
sion for the future. They spoke ir
terms of wonder when they asked
one another who was to rebuild
their broken states, who was to fur
nish the new ideas to build upon.
Even then it was apparent that these
allied statesmen at the conference
were looking to America. and it was
Americas help to which Mr.. Lamont
made chief reference in his address
He put into his remarks a new
thought not heretofore publicly utter,
cd by anyone. He had no doubt thai
this country would furnish the neces-
sary credits and the needed supplies
with which Europe can be rebuilt He
was sure that the ways and means
by which this can be done would be
worked out in the United States. In
tins respect he does not differ from
others
What Mr.. Lamont did saw that was
new and has been spoken of here
since he made his address as very
pertinent and timely. was that wha
Europe needs in addition to our cred
its and our supplies, is brains. energy
and ulan-power. as these have beer
since the war began demonstrated tc
exist in the United States.
i is not necessary that our young
men be sent to Europe. at least II
any large number. but il is necessary
that they serve Europe by utilizing
their abilities so that Europe can b,
best served What Europe needs IT
M Lamonts opinion even more thar
she needs credit and supplies is sound
counsel And that he is sure the
United states is able to give.
HOLLAND.