The Powder River County examiner and the Broadus independent. [volume] (Broadus, Mont.) 1919-1935, 1920-02-27

living in America is due to shortage
Of production no more than to the
greed of tie producers. For the
downward trend of foreign exchange
is putting = stop to the export of
American products to Europe. and
those who should know agree that
this is almost certain to result in
decrease In prices in this country.
The European importers cannot af-
ford to buy these products when en-
change is so much against them. and
there will be backing up" in all
lines of goods. which will be thrown
on the American market. This move
ment already is under way. Prices of
grains and other commodities declined
considerably last week. and in the
case of grains the drop was helped
on by the action of the railway adj
ministration which placed a ten-day
embargo on the use of freight cars
for the shipment Of anything except
grain. wood pulp or sugar in the Mis-
sissippi valley states. This was done
to provide the farmers with cars with
relieving the artificial shortage and
releasing immense funds.
Dispatches from Warsaw made 1t
| plain that Poland was about to ac.
cept the peace offer of the soviet gov
eminent of Russia provided guaran-
tees were given that bOlshevist prop
uganda in Poland and other European
states would cease. Poland's aim,
says Prince Lubomirski. minister to
the United States, is to serve as Il
peaceful and moral bulwark against
bolshevism. and for this she must
have the economic support of the al
lies.
BY the Russo-Esthonian peace
treaty the soviet government re-
nounces all sovereignty over E,s-
thonia and recognizes its independ-
ence. Both parties renounce claims
to compensation for war eXpendi-
lures. The treaty provides that pris-
oners will be repatriated shortly by
both. Russia is to pay Esthonla 15.-
OOO.OoO rubles in gold. There are to
be Ii" customs or transit charges on
goods by either country.
The soviet armies met with some
reverses last week. notably one i'm the
region of the Don where the best OF
the holshevik cavalry was routed by
the Russian volunteer forces. In gen
eral. however, the soviet forward
movement was continued on all fronts
A local revolution in Vladivostok pu1
that city in the hands Of the rebels
In England and probably elsewhere
the opinion ia gaining strength thai
peace should be made with the Lenin,
government because the return t.
normal life in Russia will soon de
stroy bolshevism.
When Viscount Grey's letter to tn,
London Times, justifying the delay o
the senate in ratifying the peac,
treaty and explaining to the British
affairs. was made public, it was n
once assumed that acceptance of th'
pact by the senate. with the Lodge
reservations little modified. woult
soon follow. Both sides admtte,
that the Grey letter had knocked i'm
ton to the Lodge program, in that i
made clear that Great Britain and
presumably. the other allied power
would welcome the adhesion of Amcl
lea even with the reservations Tn
informal committee of the senate ha,
failed to reach compromise am
Hitchcock had given notice that h.
would move to take up the treaty il
; the open senate on February II
Lodge countered with the Statemen
that the Republicans would bring tn
pact before the senate one day earlier
AS the days passed with no common
from the White House on the Gre
letter however. hope for early ratif
: cation faded. and toward the end @
; the week 1t was widely reported i
Washington that the letter had Al
gered the president and increased hi
determination never to accept tn
Lodge reservations or anything Xix
them. 1t was said Mr.. Wilson an
his firm adherents looked on Viscour
Grey's announcement as an unwal
ranted attempt by the spokesman @
foreign government to interfere i
: the legislative affairs of this cOuntr!
Though it seemed the letter had pei
! suaded many Democrats that it wa
. best to accept the reservations. it wa
admitted that the president coul
: still rally a sufficient number to pr,
I vent ratification.