Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1919-06-16
HUNS TO sign,
SAYS CLEWS in
TRADE REVIEW
By Henry Clews.

hSaIy mas DeeH Hdue puDlc anu luF-
nished no surprises. Delay in signing
is disappointing, but beyond ques-
ton the Germans will sign; appeals
from nation that never practiced
mercy having no effect upon those
who have suffered so cruelty. Prog
ress on the League of Nations is
also slow, and efforts in the senate
to interfere with negotiations have
met with scant sympathy among
thoughtful Americans. That some in
ternal friction exists at Paris is
quite evident, and appears to be
largely due to French fears of future
German invasion, also Italian ambi-
tons on the Adriatic. Both countries
are indulging fears that have very
remote foundations. The German
Empire has been literally smashed
and it's power for harm destroyed
for generations to come by the heavy
loss of territory, population and re
sources; not to speak of the League
of Nations whose power Germany is
not likely to provoke. Italy also has
no further reason to fear Austria, so
that both France and Italy can afford
to make concessions that would Sc
cure prompt establishment of the
e League. Mr.. Wilson's return to the
United States would quickly follow
and is much needed. The new con-
gress is hard at work, having al
ready passed greatly needed appro-
priation bills, made partial provis-
ion for the railroads and economical
considerably on army and navy ap-
preparations, all of which are steps
in the right direction.
Americas Part in the War.
America has saved the world from
the threat of famine, also the inten-
sified horrors that would have trailed
after such a calamity. The June re-
port of the Department of Agricul-
ture indicated total wheat crop of
1,236,000,000 bushels, which though
somewhat below the expectations of
a month ago, is more than 100000
900 bushels greater than the previous
record crop of 1915. The decline for
the month was attributed to rust and
climatic conditions. 1t was not serious
and will probably leave surplus for
export of 600,000,000 bushels to
satisfy the hunger of Europe, whose
productive abilities have been greatly
impaired by war and loss of man
power. This great crop is distinctly
the fruit of the government guaran-
tee of $2.26 per bushel; the promise
of favorable weather conditions and
the fact of large increase in acre
age. The wheat belt will gain enor-
mously by this government bonus.
Prosperity will unquestionably be
widely distributed in the agri-
cultural districts through the enor-
nous foreign demand upon US for all
food supplies. By our exports of
grain and meats we have effectually
prevented disastrous famine in Eu-
rope; our armies FASTENED the defeat
of Germany; our ship convoy sys-
TEN lessened the submarine losses,
our munitions plants released millions
of the Allies for fighting purposes;
our ships carried supplies safely
across; out banks aided finance the
the war; we furnishe great quanti-
ties, of oil, copper, cotton and other
materials to the Allies, and our
government placed the entire forces
of the World War is fully written, it
" upon their side. When the history
of the World War is fully wditten, it
will be recognized without stint that
without American help in men, mon
ey and materials the war would not
have been won.
Assisting Recovery Abroad.
An interesting development of the
week was removal of the embargo
apon gold shipments, an encouraging
evidence of the drift toward normal
conditions. In some quarters consid-
cradle shipments of gold are antlci-
pated, and within reason such an
outward movement would be benefit
cial, both to ourselves and other
countries alike. We hold much the
largest gold resources in the world,
and much more than necessary for
our own requirements or safety. 1t
portion of our supply was held by
our Allies it would aid materially ir
their economic restoration, through
which we should Immediately and
widely benefit. Of course, some eff
cient method of granting credit to
Europe will have to be devised, and
this problem is already receiving the
careful attention of our experts.
Sweden has just secured $25,0OO,-
600 loan in this country, and Swift
erland is also seeking $25,000,000.
Transactions of this character are
sure to multiply in the early future,
because only through such forms of
credit can Europe obtain the i'm
mense supplies of food and raw ma
terials from the United States which
are necessary to he reeuperation
There is no doubt whatever that the
war-torn countries are in a deplorable
condition mentally and financially