The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-12-27

FOR confidence and optimism is :hat America
has not boen bIed white by war, and ns re-
serves Of buying power and Of production re-
main very great. The economic foundations OF
! the country are tremendous, oud our prosper
! ity rests securely upon them
Nevertheless that prosperity to a considerable
I extent must wait upon adjustment or our rei,-
! uons to Europe, ana ts return depends in sub.
/ santial measure upon European restoration
| We are involved, for example, IN tho British
situation and IN the conditions OF Europe upon
"hi'h N" British situation so largely depends
when Lloyd George saws that the great thing
IS to restore trade, hc states basic truth which
i9 tho key to our prohlom veil az 10 Eng.
I,uds. lie says that u scheme 20 provide credits
Tor central Europe now under consideration By
hi' government ana tho busn"ss men Of Great
Hr'lnin VIII do moro FOR unemployment than
any road building. no this We can agree with.
ont 'ou''ding that some tccf may he pro,id-
I'd h." wen considered projects Of public i'm.
lF"'"mori where means are available. GOOD
polio, would provide for this In good times
and So" mop" IN some wiser generation win be-
Menntim" ,t is .ruo that the problem Of Il labor
r'yort"ir TO draw upon In slack times is not
Noi solved. We ought to study ana solve !,
no" while th' pressure Of need cucrgl2cs action
Hn' LLOYD George emphasizes the crucial
P"'ht. faIhah'"7 are offered In plenty at such
hm'' Most Of them VIII accomplish nothing
worth while Some viii do moro harm ,h,,
A''"' rue main thing is, he asserts 20
start trade, and this canno, he done On ~, ~.
receive scale uttl central Europe is cn,bl.d IN
of'r'on" the handicap Of dlsordered c,cbanvo |
ana ~ given credit to buJ what ". bovc to coll
We believe that another factor IL Of foremost |
.,gt -.
man indcnnities. British business Judgment
scizcs this. TO France II is obscurcd by emo. |
tions which arc natural enough but Obstructive |
of sane judgment. America should Ioln with
England and italy to meet this difficulty. rntll
Germany is on her feet there can be no real bo.
ginning of that restoration on which our com.
mon prosperity must rest The case is worse
than Tint rntiI central Europe is moving
seriously imperied. constructive government
In Germany hangs by "A thread untn ,h. c.,
mans Know what they must meet. No people
VIII exert themselves ir they hay, ransom 10
orosee that the harder they work and the ,r,r,
hey save the more viii he taken from tbs,,
'''heh policy defies common sense IN this re
ard' ana however we may sympathIze with
''hch sentiment and suspicion against Ger.
'an!' we must Tor the sake OF us all opposo I,
Indeed, we believe thero can be no real stabil-
lation IN Europe until the mischevous treaty
versailles II scnsby revised. II IN a produc.
Z military strategy and politics exposing an
'most complete Ignorance of or Indifference 10
cohomic laws, Yet il Is the economic restora-
ION ana stabzation of Europe upon which nil !
'se ucPehds The treaty Is therefore nothing
'ss 'hah curse, impcriling the safety OF Euro
'"n society and blocking the road to peace
nd prosperity.