The Canon City record with which is consolidated the Canon City cannon., 1920-09-23
The Benefciaries
of the League

-
The one class Of our citizens who
would benefit Immediately and sub
stantially from the entry of the Unit
ed States into the League Of Nations
Is the international bankers. With
out America member. the loans to
the infant republics set up by the
Versailles treaty are SO hazardous as
20 preclude their negotiation 1t has
ben amply demonstrated that the 81
members of the league will not raise
a country's territorial integrity and
political independence are to continue
unimpaired 1t will eventually be able
TO liquidate its indebtedness. II an
other nation assumes responsibility
for the maintenance of those two es-
sentials It also assumes, Off all prac-
teal PURPOSES. the eventual repay
apyment OF the debts of its protege
country. Were the United States to
become a member of the league 1t
would assume responsibilities OF that
sort for each one of the 81 nations,
great and small. that have put their
names TO the covenant
Quite a large order for even such
rich and powerful country as the
United States. but one which the in
ternational bankers are perfectly will
ing to see foisted upon the nation, and
they are eagerly working to accom-
plish that result. Tens of millions
are In it for them-commissions for
handing loans, profits in disposing Of
bonds to the American public. interest
on those retained by their own in
stitutions-and every dollar Of it
guaranteed by the blood of American
boys and the money wrung from the
American taxpayers.
Is there any wonder that those big
moneyed interest are working tooth
and nail for the election Of Gov. Cox?
| n him they see a realization OF their
a finger to protect those countries
| from despoilation by foreign invad-
ers. as they are solemnly obligated TO
10 under the terms of the covenant
which they signed. So FAR as lend
ing stability to the new map Of Europe
( drawn at the peace conference. the
I league covenant Is a mere scrap of
7 paper.
& But with the United states a mem
7 Der things would be different Amer
lea has never yet repudiated the IN
I dertakings OF treaty. II America
! signed an agreement ito preserve as
against external aggression the terri
I torial integrity and existing political
independence OF all members of the
league Il would do SO II 1t took our
I last dollar and our last soldier. And
/ II is q guarantee OF that character that
the international bankers are waiting
for. They are not going TO put their
1 money into country that tomorrow
may be overrun by the invader. but
when the notes OF a foreign govern
4 ment are Endorsed by the government
/ Of the United States. a neld OF imam
=. cial exploitation IL opened up that 10
4 dazzling even to men accustomed to
4 deal n hundreds OF millions.
/ And an indorser os foreign notes
would be precisely the role played BY
the Uaifed states should II enter the
league. There Is little doubt that II
designs, knowing that with him in the
White House every effort Of the ad.
ministration will be conceztrated to
secure ratification OF the league COW
enanf and open up to them the rich
! European Aeld Of financial pioneering
with the risk OF loss practically elm
mated. The International bankers
are willing to pay heavily to attain
their object. and according to all re-
ports. already have contributed huge
amounts to Cox's campaign cofYers.
They have entered the neld OF jour
nalism In An attempt. through pub
licity. to bring support to the league
idea The New York Evening Post
was purchased not long ago by q men,
Der Of the hrm Of J. p Morgan & Co..
and is now bending every effort 20
consummate the schemes OF its own.
ers. Their activities are kept care
fully under cover. and money re-
ceived from that source by the Cox
managers bears no indication OF
whence It came. Doubtless the fran.
cial reports OF the Democratic COM
rnittee will carry no suggestion of the
huge interests supporting the cam.
paign. but those familiar with the mo-
tives, the means and the intent of the
international bankers will have no
difficulty in accounting for fhe size OF
the Cox money chest.
/. That the County Farm Bureau
is the only farmers organization in
county officially recognized by the
United States Government and the
State.
2. That 1t is thru the Farm Blu
reau that the services OF the United
States Department OF Agriculture and
the College Extension work of the