New-York tribune., 1920-05-28
Advocates L. S.
Credit to End
Europe's Chaos
President of Baldwin Loco
motive Works Appeals
for Raw Materials to
Put Countries to Work
Poles Require Implements
Asserts Stricken People
Ask No Charity, Merely
a Willingness 10 Help

If America has the welfare Of the
peoples of. central and southeastern
Europe at heart she will supply them
with raw materials with which to
work themselves out of their chaotic
condition. Samuel NJ. Vauclain, presi-
dent of the Baldwin Locomotive
Works, said yesterday. He spoke at
the inaugural luncheon of the Polish
American Chamber of Commerce and
Industry at the Bankers Club.
Mr.. Vauclain, who returned recently
from Poland, where he closed COM
tracts for delivery of American loco
motives, said American business men
should not worry about the stability
o. European government, but should
grant them all the credit possible
The Poles particularly, he asserted,
are ready to resume their economic
lite but lack implements and tools,
which must come largely from the
United States.
This infant republic has already
passed the bottle period and beefsteak
and onions viii hereafter do the rest"
he continued "Trade is the beefsteak
and onions necessary.' Mr.. Vauclain
also appealed for the establishment
Of the War Finance Corporation. so
that credit could be advanced to
Europe.
Do Not Want Charity
america can send millions of dol
lars into central and southeastern
Europe. he said, "but no permanent
good will ensue. These peoples do not
WAIT charity. What they pray for is
your confidence in them and a wiling
ness to trust them for a period for
such machinery as will enable them
10 Work-to develop their resources
to export their surplus and by their
own earnest effort become strong,
self-supporting nd dignitied. If you
think this new government of Poland
is weak, forget it.
As soon a. transportation can be
hcttered all sorts of textile machinery
is needed to employ peoples restive
tor action. Agricultural machinery is
needed to cheaper and increase pro-
ductlon.
Here is my diagnosis of this very
complex situation after a care
ful survey OF the entire southeastern
section OF Europe, from the Baltic,
beginning at Dauzig, to Warsaw,
Cracow, Lemburg, Czernowitz, Blu
charest, Belgrade and Trieste Work
is the remedy, nothing but everyday
hard work, and hundreds of Thousands
OF anxious hearts and willing hands
are ready to seize upon the first op
opportunity that Is offered"
Poland's Purposes of Loan
Prince Casimir Lubomrski, Polish
Minister TO the United States, told
what Poland expected to do with the
$50000 600 loan that country is float
sng in the United States.
About $20,000000 of it would be
used for a new currency, he said,
probably an issue of billion marks,
which would have d new name to dis
tinguish it from the great amount of
printed matter with which the coun-
try is flooded.
"The rest" said the prince, "will be
used to purchase neccssaries for GU
existence. Our pressing needs are
250,000 bales Of cotton, and for wool,
tractors, railway equipment, agricul-
tural implements and seeds. You will
note do not mention food. We
hope, if the fortunes of war are with
us, TO secure a large amount of wheat
from Ukrainia. There was at least
100000 acres of fertile ground not
IN cultivation. This needs seeds and
implements to be worked with, and to
supply that sbortage we must turn to
the United States.
"Once Poland is supplied with those
implements and seed she viii very
quickly resume her place as an cx-
porter Of 100000 tons of cereal stuffs
every year and become once more that