The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-05-20
The Inside News
From Washington

WASHINGTON. May 2O.-Positive
benefits to tho worlds economic and
commercial standing already are be-
inE felt as n result Of Germany ac-
cepting the reparation demands OF the
allies. according 90 Secretary ~ Com
mcrca Hoover.
Il Germany now shows a readiness
Ia carry out In good faith the pledge
D. has made. Hoover helie,cs. we
may look forward 10 a period Of rapid
rcadjustment.
The first reflex Of thc German ac-
ccptanCe was an Improvement in Eu-
ropcan exchange rates. Translated
into conditions ~ h stab
81 European exchange means
? that thu prices Of European goods In
the American market go up and the
prices of American goods In Euro
p.an markets g0 down.
The benefit 20 America comes
through the steadying effect on world
generally and the Insurance
To the allies Of certain income with
witch 10 purchase.
Tho administration will watch with
interest h pull-and-hnul Of emotions
81 erstwhilc proNiermans when the
German operations bonds are put ON
sale IN this country.
WIN thoy buy. OF won't they?
For the purchase Of PREPARATION
bonds. while mad directly from Ger
many for The benefit OF the allies.
Germany will sign the bond. the al
lies viii get d cash.
President Harding's department Of
public welfare h. having hard shedding.
There is little likelihood Of is en-
actment at the present session. despite
Harding's personal sponsorship.
one block Of opponents, favorinE
"a distinct department Of education.
object To- IA. suhordination OF cduca-
tion 10 general welfare work under "A
department OF public welfare.
Another and very active opposition.
including many medical ana social
experts, fear passage uf the I'LL right
now would result In u h"ing placed IN
hare uf H%riEadicr General sawyer
or some one whom he would select.
The relationship between nr Saw
yer and the medical fraternity is-to
say the least strained. Men high
in medical circles both In the govern
ment aud out. resent the action OF
Harding In placing sawyer IN an adj
visoty capacity at the head OF all gov
ornmcntai medical and welfare work.
1T was all right" one eminent
physician recently said In discussing
the SawN ~ appointment. for the
president to name Sawyer as his per-
sonnl physician. u" had the right
90 name any one he choose for that
personal relationship. But. with all
due respect 20 Sawyer. medical men
<p-nerallv do not feel his experience
or qualifications ~ him for the au-
thority the president has handed
him"
A new book was on President Hard
ing'a desk last week-tho only book
there. among stacks of correspond
encc. commissions and official papers.
In big letters across the front Of tho
cover were the words: "AltTEMIS
WARD"
Even presidents. n seems. like re-
taxation In their rcadlng. President
Wilson read detective stories vixen
tired. Harding apparently prcfota
native American humor.
Three months OF service In the cab
met have put more gray hairs In Her
bert Uoovcr's head than three years
Of feeding Europc's starving babies,
Perhaps u just happens that Hoover
has reached the tim for the white
hairs to appear. Hut there is no dis
counting the fact that they have been
gathering rapidly over his temples for
the past three months,