The New York herald., 1921-11-04
Ambassador Declares Amer
ica's Fixed Foreign Policy
Prevents Merger.
ANSWERS LORD DERBY
DenOunces Communism and
Socialism in Address at
Liverpool.
INDUSTRIAL WAR PERIL
He Criticises Both Employers
and Employees for Flout-
ing Economic Law.
INDUSTRIAL WAR PERIL

LIvEBpooL, Nov. (Associated
Press) George Harvey, United
States Ambassador to Great Britain,
speaking to the Liverpool Chamber Of
Commerce. said that 1t was futile to
hope that America, as Lord Derby,
Epne time War Minister in the British
! Cabinet, recently had been suggest
ing, may some day be merged in a
definite alliance with Great Britain
and France. This statement was
made as depression from an address
On economics and the international
industrial situation, in which the
American Ambassador attacked Com
muuism and Socialism and defended
the principle of individualism.
Ambassador Harvey recalled that
Lord Derby voiced the conviction
that the success of the Washington
armament conference would mean
peace, and that it's failure would
mean war In the immediate future,
and also recalled Lord Derby's re-
cent suggestion to former President
poincare Of France that an Anglo
French alliance would be desirable
in the interests Of peace, intimating
the Strong hope" that America might
eventually join this combination.
4 Now it seems to have fallen to my
unhappy lot since ] have been in
England" continued Ambassador
Harvey, ito dispel illusions respect
ing the attitude OF the United States.
can conceive of no more effective
service on the etpart of an envoy, de.
sirous as ! am of eliminating all
causes for misspprehension, than to
set forth frankly any certainty which
may bear upon the immediate future,
however disappointing 1t may be to
his hearers. In pursuance Of this
policy, rightful or wrongful as 1t may
be. I feel impelled to say frankly that
the hope voiced by Lord Derby must
i've regarded as futile.
Foreign Policy Fixed.
Our first President fixed the for
ign policy of the United States clearly
and unequivocally when he adjured his
countrynlen never to enter a perma-
lent alliance with any other Power
This policy has been reafiirmed by
practically all his successors. 1t was
yeiterated with great positiveness In
Ssr latest national campaign by our
present President and was confirmed
ov a majority of the people so great
as to be beyond the pale Of compari-
son.
doing more than stating the wholly
obvious and unacceptable fact when I
pronounce the entrance Of the United
States into any permanent. alliance,
however desirable that action may
seem to be, an utter imposslbility?
May II not be then the part of wisdom
20 avoid discussion or even suggestion
Of a proposal which, however praise
worthy it may be. could hardly serve
any purpose other than to feed enc
mics and distress friends Of both Great
Britain and France who live In
American"
Ambassador Harvey, in dealing with
.he subject of world economics. said the
aftermath of the war was hardly less
,li.concertfng and devastating than was
the war itself.
AT the expiration OF the ensuing
week." ne continued. I'VE shall have
reached the beginning OF the fourth year
following the armistice. Even then we
shall only ne approaching what we hope
may prove to be the first definite and
enduring settlements looking toward the
lifting Of burdens and the establishment
OF International agreements or under
standings foreshadowine prosperity,
which can be attained only through the
assurance OF tranquil relations among
the Powers OF the world
Industrial Peace sought.
There was. he added. political peace
in broad sense and II was industria,
peace tina. was being sought and which
must be obtained.
we m;~t face the Issue squarcly ana
insnf,'ilv. he said "as II befits our race
THE first fundamental principle that we
must recognize is that economic laws arc
superior 70 legislative enactments." He
declared supply and demand constituted
the basic law Of all industry, and
period OF what normally would be
termed over production should now fol-
low the long period Of under prediction.
Instead, however, he declared both Eng
land and America had been persistent in
under production.
while the employer, reluctant 10 dis
pose Of present stocks at lower prices
Is willing 20 sci! for prices approximate
ins the ante-bellun standard all goods
hereafter produced" Mr. Harvey con-
tinued. employees are asking for more
money and shorter hours now and still
Continued on Page Eieht.
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