The copper era and Morenci leader., 1920-01-02
NOT COMFORTABLE
OVER TREATYS
FAILURE
Knox Changing Front, Willing Now To
Ratify Pact-Lodee Uncomfortable
Treaty Opponents Getting Ready
For Retreat From Their For
mer Positions.


Washington, D. predictions that
the Senate's failure to ratify the
treaty would disturb and depress bu-
siness in this country and retard ':re
construction" in Europe are being full
filled in a way that is alarming Re- |
publican Senators. The steady de- |
preciaticn of foreign exchange, with
its threat of curtailing the expectation
of American products which Europe
needs and. which the exporters of
this country must sell. if production
is to continue, is but one effect of
the treaty's defeat by the Senate.
Among the signs of fear among Re-
publican Senators who had the prin-
cipal part in the smothering of the
treaty is Senator Knoxs proposal to
ratify it now in all details, but after
separating it from the covenant of the
League of Nations. On its face this
would not appear to be an evidence OF
weakness or surrender on the part of
Senator Knox, but those who have
followed his course while the treaty
was before the Senate regard it as a
concession. born of conviction that
further delay in ratifying the treaty
will bring calamity to America busi
ness and day of reckoning for the
Republican cabal in the Senate.
Senator Knox opposed not only the
League of Nations but also the treaty
itself. In formal speech, carefully
Mr.. Knox declared the provisions of
the treaty to be "harsh and cruel'' to
the German people. Previously he had
sought the passage of a resolution to
dissociate the treaty fom the coven-
ant of the League of Nations.
Reversal Forecast
In additional to his change of view
with regard to the treaty-wnich he is
now willing to accept in all is pre-
criptions-Senator Knox has moved
far enough from his former position
come consulting member of the
League of Nations. Democratic COM
mentators do not regard this as a
big concession, of course, but they
appreciate it's Importance when read
! in connection with the Senator's pre-
vious hostility OF both the treaty and
the League.
No one expected Mr.. Knox to re-
verse himself himself over night, or
at all. He hasn't yet about faced
but he has certainly executed right
! face''-with his eyes in the direction
of full turn. Senator Lodge contin-
! ues to employ the language of op-
position. but his manner is that of
one who has concession in the back
! of his mind, in the opinion of those
| who have watched his recent maneu-
vers. In one of the latest discussions
| of the treaty in the Senate Mr.. Lodge
affected to scout the connection be-
tween the rejection of the treaty and
the decline of foreign exchange, but
it was apparent that he realized the
result to himself and others of pop
ular belief that there is a relation be-
tween the two.
Other Republican Senators appear
to be discouraged by the ruinous fall
in the value of foreign money and
foresee it's effect on American bust
ness 1t is believed that they are
aware that if the Senate's refusal to
ratify the treaty is not the sole cause
it is principal factor in the present
demoralizing discount of sovereigns
francs, lire and marks. They seem tC
understand that a. further deprecia
tion of Europe's money will preven
buying here and that American produt
tion will slacken and beget un-em
p1oyment and financial depression il
the United States.
1t would be too much to say thai
the Republicans are showing sign:
of full retreat from their former posi-
tion but it is within the truth to say
that they are planning for a ''strate
gic retirement
Miss Lulu Dilbeck of Elida, New