The Bridgeport times and evening farmer., 1921-06-10
AGITATION FOR FLOATING
 HUGE LOANS

| London. June 1O.-The Labor and Socialist International has launched
 Q crusade for a settlement on the reparations crisis along lines which | the leaders of the movement believe will be of the greatest benefit to the greatest number of people-ln snort to the workers-Of the vaT1ouS cOun- tries, for Allies and enemies alike. The May Day resolution ot the Labor International was a first shot in this campaign.
 declared efThe policy of the ruling
 classes has closed your markets, has 1 destroyed international trade, is emptying your pockets and your cup
 ssHigh finance rules the world and determines the destinies of peOples!" The International Labor Body has followed with a resolution suggesting methods of solving the reparauOns muddle-
 J. Ramsay Macdonald, in circulat- ing the separations proposals, said: '"The working class organizations of the countries that were neutral, as well as those that were belliSer- ents during the war, have been view ing with grave concern the increasing since the arrnistice. The spirit of war, it's hatred and revengefulness, has been continued since the peace. with the result that the reISn or
 anarchy is prolonged, and justice, ! of the councils of the nations. Europe Faced with Ruin '"This is seen with dramatic force in the controversy regarding repara- rtons Imperialist appetites and capI- taIist interests are in control Of these negotiations, and unless the working l class orga aniZations combine to put an end to this madness still greater rum 1 stares Europe in the face"
 The resolution, resulting from con
 ferences in London and Amsterdam, | of the executive of the Labor Inter | national and the Parliamentary La | bor Parties notes the declaration or | the German delegates that they ac- cept liability for ''all legitimate repa- rations'' and declares that workers 1 of Allied countries recognize that | this duty is limited by the capacity l of the German people and should not be pushed so far as to crush the country and so condemn the Worklns class to a form of economic slavery 'sMeasures of coercion,'' the resolu- ton reads .'can never lead to a really satisfactory result An appeal to nllIl- tary force merely prolonSS the pefloo of uncertainty and gives reaction anu rnilitarisIn~ an opportunity to STenS- then their position, to revive the 1eel- ings of hatred among the peoples
 and to enbron Europe Tn 1resh ao- ventures. The Conference consic-ers the check to the London negotiations is due to the capfahstic powers, which, unable to prevent war, are also unable to secure peace anu Ce- cIares that only on the basis of prin- ciples affirmed at the International Working Class Conference can it look for concrete solution which will eS- tablish a normal situation and ob- Iiterate the material and moral traces of the war"
 Recommend Germany Float Loan The following constructive ''planks'" for solution of the repara- tions problem and the crisis in which Europe finds itself were then made 1. One of several great internation-
 al loans to be f1oated within five
 years, guaranteed by thirty annuities
 which Germany should undertake to
 pay. The proceeds for reconstruc-
 ton purposes.
 2. Use of Trench and German la
 Dor on the cooperative basis which
 theS have suggested in reconstruct
 ing the devastated areas. thereby
 eliminating private enrichment of
 capitalist groups
 money, the former so arranged as
 not to injure the workers in either
 the delivering or receiving country.
 4. Regarding indemnities over and
 above those providing for restoration
 of the war zone. The German gov
 eminent should agree that annual
 sums of fixed minimum be paid,
 bearing a proportion to the condition
 of the country This sliding scale
 should not be crealed on a basis of
 exports only. but should take account
 of national wealth and income.
 ,. DiSa greementS between the AL
 lies and Germany over value of sur
 renders of material to date and the amount Germany can pay in indenl-
 nfty to be referred to an expert com mission appointed by the League Of Nations.
 ''But Labor" the resolution asserts. --does not confine it's hopes of an fen- itv of the League of Nations. The