The Washington herald., 1921-07-05
Economists Urge Prompt
Action TO End Con-
fusing Situation.
ALLIES HOLD FIRST
PLEDGES ON TRADE
Teutons Gain Rapidly in
Production and in
Exports.
n,RoRERr J. BENDER

Reconstruction In Germany is now
40 advanced that, according TO re-
ports by great New York banking
trstttutions, the time has arrived
,or Amerfcan manufacturers to con-
slider Germany as a market iof
manufactured goods
German imports have recovered
to the point that they are now
ov.r z5 per cent of what they wers
at the height of her position As
world power In 1914 And such has
been her manufacturing revival Inat
today she already is exporting
about Is per cent as much as sne
did just before the war
wSulA Clear Up Sftsaton-
The rapidity of her reconstruction
is offered BY economists and mann
hers of President Harding's Cabinet
as necessitating prompt clearing OF
the confusion in the fnternation4
sitnation. SO that American business
NAY enter Germany on an s1aa
foottne with the allies And what
ever NAV be the basis Of q treaty
with .Germany-whether II be the
altered Versailles document as orig
fnaIly suggested by President Hard
in1 a new treaty containing sucn
provisions of the Versailles docu-
nent as will insure protection OF
American interests, as now appears
TO be a likely solution Of the DIM
cufty, or an entirely different aud
separate treaty merely Of commerce
and amity. as suggested by certain
frreconcilables-this much Is abso-
Jutefy certain:
Demands Equal oppsrtunity.
The American government viii
insist upon an equal opportunity
with the allied powers for unhAm-
pered American trade expansion in
Germany
The main contention Of Democrats
and Republicans advocating a treaty
based on the Versailles spact--and
these include members of the Caoi-
net-has been that unless this gov
ernment based its future agreement
with Germany as the same basis as
the allied powers have done, the
United States would be seriously
handicapped As the situation now
stands. the allied reparations COM
mission has q nrst mortgage on
Germany. Such are its powers that
Germany cannot make an important
trade or financial move without nrst
having It vised by the reparat.ons
commission
Hzndicaps United states Trade.
The United States Is not officially
. member OF this commission Should
she remain out of II she either
would have to demand and receive
an acknowledgment Of her equal
rights in the decisions of that COM
mission from the allied powers, as
she already has demanded in con-
nection with mandate settleme ats,
or she would always be in the posi-
tion of having first to secure the
permission of the allied powers BE-
fore entering into trade or financial
agreements With Germany.
A decision must be reached and.
in the opinion OF leading financial
interests and some of the most
prominent Republican leaders, 1t
should be reached soon. Meantime
an authoritative report on Ger
many's advance toward reoenstruc-
ton shows some interesting things.
German Crops Promising.
Secretary Hoover has declared
that among the best ways to de-
termine how fundamental is the
recovery of a stricken nation is to
ascertain what its people are eat
fag and what the unemployment
situation is The trend its produc-
ton Is taking Is regarded by eco
nomists as another straw upon
which to judge the strength of a
nation Here are some facts dis
closed by observers sent into Ger
many on behalf of one of the great
financial institutions of the coun-
try:
1-German crops are unusually far
advanced and promising. The peo-
pie are eating well, although food
prices are still high, owing to the
low exchange of the mark.
Women Work I'm Fields.
@Unemployment has been re-
duced to the point where there are
less than 100000 registered unem-
ployed although there are perhaps
100000 additional who are out of
work but have not registered for
government assistance. While the
eight-hour day has been established
in Germany men generally work
more hours to increase their earn
ing capacity on piece-work. Thou
sands Of German women are work.
ing in the fields.
AS for what manufacturers are
producing, the Krupp works affords
striking example. This great
munitions plant is now turning out
locomotives at the rate of one a day,
while the government is doing con-
siderable railroad reconstruction
and canal construction to afford bet
ter transportation facilities. Krupps
also Is turning out railway suppIiest
OF All kinds, cash registers, adding
machines, surgical instruments,
doors for safes, Diesel engines. iron
and steel products of all kinds. ma
enines for textile and paper indus
91es. apparatus for motion pictures,
eoges, floating docks, penumatic
sois and even machinery for manu-
fsceurtng false teeth as we'll as
eopious supply of the teeth them
selves.
Swords Become CandIestieks.
= One Of the Krupps activitie, now
is converting old swords into
eandleticks. Krupps is eunployinr
over 100000 men as compared with
$4,000 on the payroll in July. 1914
Just before the outbreak Of The war
At Dusseldorf. the Rhein MetaII