davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-02-13
G THE War of the Future in

g ~ HE War OF the Future in the
4 Light of the Lessons of che
World War" is the title of new book
by General Won Bernhard, Germany $
greatest exponent of culture. The work
has been translated by F. A. Holt, and
the American edition comes from the
press of d. Appleton & Co. The ac-
companying comment and review of the
book is by General Francis Vinton
Greene, West Point graduate and pro-
fessor, Spanish War veteran and himself
an author of wide reputation on things
military.
The New York herald., 1921-02-13
Should America Set Example by Sacrificing
Billions to Restore Worlds Financial
Structure Allies Would Follow

nation to recover measurably. Despite all
contrary impressions only small part of the
country was devastated and the Germans,
expecting almost to the end to hold the whole
kingdom, did not strip its factories as they
did the French. Still. FOR Belgian prosperity
German payments amounting in total to the
sum of Belgian foreign borrowings are
essential
Our Hope of Being Paid
Rests Wholly on Indemnity
For Americans the truth is then If un-
palatable quite unmistakabe. Upon the size
OF German indemnity depends the hope of
our being repaid. In any event Italy can
pay little or nothing. If the sum agreed
upon at Paris be reduced then France cam
not pay in full, for the sum fixed just meets
the total OF the expense of rebuilding the
destroyed areas and repaying the American
and British loans. Only the British might
pay; but their payment would be difficult In
the extreme If t was coupled with the loss
of their loans to their recent allies. British
intent to pay is unquestionable, British
ability to pay might be debatable, Il Ger
many failed to pay the sums now imposed
and Britain's foreign creditors defualted on
or repudiated their borrowings.
The real truth at Paris in 1919 was found
in the situation of the American loans.
Our financial experts urged that the capital
sum of German reparauonS De Hxed AT
somewhere between 100000, 0,000 and s25.-
600, 900 900, with the weight of opinion fa-
voring $500 100000 But in supporting
this moderate figure, to be contrasted with
S21. 900. 100000 fixed at Paris the other Gay,
our representatives had to meet the Euro
pean assert on that this sum was too small
to meet the costs of reconstruction and the
amount Of the American loans
To-day the problem has not changed. II
the Harding Administration. when 1t takes
office, shall officially or through representa-
tives seek to procure the reduction of he
capital sum now charged to Germany, in
the desire to restore economic cond tions
and reopen the German and Central Euro
pean markets, it will at once encounter the
European demand that it consent to re-
duction if not a cancellation of the foreign
loans since these constitute the main item
in the German reparat ons account.
Unless the Harding Administration is pre-
pared to scale down or to cancel the indebt-
The New York herald., 1921-02-13
How 1t Would Be Split.
With France Getting Most

Now. leaving out OF account the export
tax. which is purely speculative and accept
ing the sum OF 21.00O.Ooo.000 as the prob
able maximum of German payment. the di-
vision will be as follows:
Britain will receive % per cent. or,
roughly speaking. $4,000, 900, 900, in a word,
lust about what she owes us on her loans
still outstanding. France will receive SO per
cent, that Is. around $1,000. .000. 900. Her
costs of reconstruction are conscrvatively
estimated at $4,000, 900 900; she owes Britain
and the United States more than s5,O00.-
OO0.o 900, IN equal shares. The italian part will
be 10 per cent, or 2,100.000.000, as against
$500. 100000 owed the United States and
$4,000, 100000 owed her foreign creditors in
the aggregate. Belgium will also receive 10
per cent. which will not cover the costs OF
her reconstruction and the amounts of her
foreign borrowing. AS for the amounts TO
20 to Serbia and Poland they arc too small
10 bo considered in the present connection.
Britain's position is complicated by the fact
that she has bcen a great lender az well as
considerable borrower. She has In fact,
loaned $4,000. 900 900, whereas she has bor-
rowed from us only $4,000. 900 900, which with
interest now amounts to some $4,000 .000. .000
could she be paid by her creditors she could
easily meet our claims and DO ahead of the
game. But much Of her money was loaned
TO Russia and tho Central European coun-
tries and must be counted as definitely lost
Her loans 10 Italy are In not much better
state. Actually she can only hope to get
back some $4,000. 900 900 from France and
Belgium. provided that Germany pays them.
1taly's position Is most pitiable. Her debt
now amounts to above s25 600. 900, almost
as much as the valuation OF the country be-
fore the war, and the struggle was fought In
part on her SOIL involving great destruction.
The maximum of German reparations she
can hope for Is 1880. 900 900. but her foreign
debt. let alone the costs Of reconstructlon. is
$4,000. 900. Finally italy Is totally lacking
IN raw materials. In coal I'm particular
Belgium, BY contrast, has been the first
The New York herald., 1921-02-13

~ EN-, Won BERNHARD has pre-
viously written two books. The first
under the title of Germany and the
Next War; appeared in the autumn of 1911.
1t attracted but little attention in Ger
forth opinions which we're almost univer-
sally held by the German people and there
fore was devoid of novelty The book was
practically unknown in other countries until
after the outbreak of the war. Then ii was
suddenly discovered" was translated into
French, English and other languages and
had enormous sale all over the world
Its cynical frankness in advocating the doc
trines that might is the supreme right;
that war is a biological necessity" as we'll
as "a moral necessity" and that IL Is IAN
indispensable and stimulating law Of devel-
opment': that Germany had a civilization
or kultur superior TO that of all other
peoples. ancient or modern; that 1t had
mission to carry this kultur by force OF
arms into other countries; that France
must be SO completely crushed that she shall
never again come across our path: that a
solemn treaty, to which Germany was a
party and which Bismarck had scrupulousy
respected, guaranteeing the neutrality OF
Belgium. was to be entirely disregarded, be-
cause IL stood in the way OF the plan for
invading France--all this amazed and
stunned the outside world and contributed
probably more than any other cause, except
the confirmation Of these doctrines by the
conduct of the German army in Belgium
and France. 20 prove the moral turpitude of
the German mind. not only the mind of the
soldiers. statesmen and Junker class but of
the entire German people. and to create that
contempt for the German character which is
now so widespread and which will endure
for a generation or longer.
This book was essentially political the
work of military statesman
The New York herald., 1921-02-13

edness of our European associates 1t can
hardly expect to make much progress IN any
campaign to tighten the German burdens
not to help Germany. but TO reopen the
Central European markets and to restore
something like order in the economic world
This, after ALL is the dilemma which has
confronted Lloyd George at all times.
Nothing is more important for the vic-
torious European nations than to restora
their own exchange 1t cannot be done whiic
the shadow of the principal and interest Oh
the American lendings survives. 1t can only
be done if the Germans issue bonds TO cover
the> total of the amount Of this American
debt and America consents 10 take these
bonds, with allied Endorsement. as payment
for, the loans. But il we refuse there Is no
conceivable source from which our creditors
can draw funds to pay
This means the prolongation OF the ex-
change situation, which automatically de-
prives us of European markets, in which
there is a wide demand for our raw materials
and foodstuffs.
In this situation there seem but two posi-
biities. We must either consent to the can
collation. of the foreign loan. a course un-
thinkable in the present state OF public sem
timent or we must consent to take payment
in German bonds and hold our peace in any
dispute as to whether the total amount OF
German reparaton ons is too large or not. We
can't have Ii both ways and the bottom fact
lie that our chance of getting our own money
back rests almost exclusively upon the pos
sibility of German payments covering the
total of these loans and the costs of Euro
pean reconstruction.
How 1t Will Work Our
IF Germany Were to Pay
If you assume, for moment, that Ger.
many will consent to pay the S21, 900, 900 900
which was fixed at Paris and represents the
irreducible minimum. as have demonstrate
ed just now, then the situation will be this:
Germany will Issue bonds for tn amount.
With little delay the total of s11 ,000. .000, 900.
covering our loans to our associates, will
find itself into our hands. Our associates
may countersign the bonds they may even
keep the German bonds and issue those OF
their own against them, but the underly ng
value, in any case, will be the German
promise to pay the $1,000 900, 600.
But this merely represents the official
lendings of our Government. In addition,
we have extended to Europe not less than
$4,000, 000, 900 of private credits. Repay
ment of these private loans must be In a
cons derable measure contingent upon Ger
man payments. upon German reparations.
In a word the upshot of the whole matter
is that within brief period of time nearly
two-thirds of the proceeds of the German
The New York herald., 1921-02-13
Book Stamps the Author
As typical Prussian Soldier

In 1914. soon after the war had begun and
before Gen. Won Bernhard had been recalled
to active service, he published a second book
with the title OF How Germany Makes
War" 1t was essentially military, although
in no sense technical. 1t gave an admirable
picture OF the state OF the art of war as it
existed when the great war began and IL
at once stamped the author as a thoroughly
competent and highly trained soldier, mill
tary student and author not unique. but
rather typical OF the great number OF such
efficient soldiers that Prussia produced In
1870 and Germany In 1s14-1s.
Now comes a third book from the same
capable pen only slightly political, but
chiefly military, though. like his second book,
not in any degree technical. It is in some
degree supplement to his book OF 1914. and
the two taken together give complete
analysis Of the changes In the method of
making war brought about In 1s14-1s which
are as great as the changes between the era
OF Marlborough and that OF Moltke.
The author does not wait and whine like
Ludendorff and Won Tirptz. He has no
Illusions. but looks the facts squarely In
the face. In his preface he gives his views
The New York herald., 1921-02-13
BY FRANK II. SIMONDS.
- ECENT political events in Paris and
public utterances in Britain and

IN ECENT political events in farls anu
* public utterances in Britain and
l. - France alike have served once
more TO bring home to the American public
the extent to which their own interests are
involved in the matter Of German repara-
tons. Already. II has been demonstrated
that American prosperity waits upon Eu-
ropean tranquility 10 no small extent
When the recent Paris Conference assem-
bled there was profound belief in this coun-
try that il a decision could be reached which
would actually settle the question of German
reparations the announcement of this result
wor,d be signal to set in motion a reaction
toward economic progress in the United
states But almost at the moment the dis
appointing Paris agreement was announced,
.Acsten Chamberlain, chancellor of the Brit
ish Exchequer. holding post in the British
Cabinet corresponding to the Secretary Of the
Treasury with us, told Birmingham audi
ence that Great Britain had formally sug-
gested to our Government that there should
be a cancellation OF all allied debts and this
announcement was the signal for the launch
ing of a new discussion of the whole world
financial problem In the United states.
Some of my readers may recall that few
weeks ago reprinted in a Sunday article
the statement made by M. Tardeu, NJ.
Clemenceau's lieutenant at the Paris Con-
ference, that representatives of the Ameri-
can Mission to Negotiate Peace and specih-
caly, Colonel House and Thomas w. Lamont.
had indicated to him that such a programme
of cancellation, so far as 1t affected the
French debt to the United States was
possible and useful" and that President Will
son would undertake to educate the Amer
lean public to its necessity. once the treaty
had been ratified.
The New York herald., 1921-02-13

THE WAR OF THE FUTURE. IN THE
LIGHT OF THE LESSONS OF THE
WORLD WAR. BY Gen! Won Bernhard
author Of Germany and the Next War" &C.
TRANSLATED by r. A. Holt. o. n r.. New
York. ID. Appleton a Co, 1921.
The New York herald., 1921-02-13
Lamont Denies Any Interest
And Others Bear Him Out

Since that time Mr.. Lamont has written
to me on the subject and categorically denied
the Tardieu statement, insisting that neither
he nor any other of the financial members OF
the commission ever suggested or agreed to
such proposal and similar statements have
been made to me personally by all the other
members of the American Financial Mission.
together with the declaration that President
Wilson never indorsed or contemplated pub
lie advocacy of such a course as NJ Tardieu
suggested
Mr. Chamberlain's statement coupled
with that of M. Tardieu serves. however, to
demonstrate that there existed and in GER
tain quarters still exists in Britain and
France a profound hope that the cancella-
ton Of debts may take place. AS far as the
world knows. the first public suggestion OF
such a scheme was contained In the famous
book Of John Maynard Keynes. but then
and ever since 1t has found no public sup
port in official quarters in the United States
ana the Chamberlain utterance provoked a
storm Of disapproval In Congress
But 1t is essential for Americans to per-
ceive that the whole question Of this Euro
pean debt IS intimately connected with that
Of German reparations. The truth is quite
unmistakable that there is not the smallest
chance OF getting all or most of the money
which we have loaned our European asso-
ciates unless they, In turn obtain this money
from Germany. Our stake in German repa-
rauons, therefore is just $4,000 100000 in
capital sum. locked UP In our loans and
something like $1,000, 1000 in deferred in
terest
Looking for a moment at the recent Paris
agreement, 1t will be noted that the capital
sum fixed for German payment is IN round
numbers, s21, 900. 900 600 IL the interest rate
Tor the total German payment be fixed at
five per cent. and perhaps $4,000 100000 If
the rate be four per cent. Assuming, as
all calculators have, that the interest rate
will be five per cent, Germany is called
upon to pay her victims $4,000 100000
But we have just seen that of this sum
moro than half. nearly s11. .O00, 900 900. is al
ready mortgaged to the United States.
In addit on of course, France, Belgium.
Italy and Great Britain. to say nothing Of
Poland and Serbia hope to obtain the FUNDS
necessary for the reconstruction Of their
devastated areas and France. Belgium and
Italy have to consider debts to Britain. Bel
gum and Italy to France in addition to
their borrowings from the United States.
The New York herald., 1921-02-13
By GEN. FRANCIS v. GREENE.

~ EN-, Won BERNHARDI has pre-
viously written two books. The first,
under the title of Germany and the
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

a nice line of canned and bottled
- at Bettersworths
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17
SCHOOL NOTES

TIE SassafTls RldEe school had 4u
-lterJ 4inllaLf Ola Valentine uRF thar
was much enjoyed Dy the school auu
community
The program ln rl- morning consist
- u reclfa lions and songs b. Tie child
rem. who were dressed -u white 4lsd dec
GRATED with red helrr- ln honor al 81
Valentine AT noon most bouutiful
dinner was served Dy rhe patrons The
tarpecued meat chicken sallds pies
cakes efr. were thoroughly enjoyed
o he afternoon progra m beginning with
drin by ten ur,ir girls carrying red
and white wands com. luded tile enter
tamment prepared hy The teachers and
children. and was followed by several
talks ty Mrs Lain Brother Bra gdou.
Miss Lutcu and several patrons 4
Parent Iearher-' Association was OF
.anized with Charles Lain as president .
AIRS Lloyd Lain president Miss
ie"itt secretary aud Mrs Ames treas
urcr
THIS ~.Hntt ht- enrolled une hundred
and ten dnring th- past year aud great
Interest is being taken.
Coming real soon While New York
Sleeps ar The Hes Theatre
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

Coming real soon While New York
sleeps ar The HeA Theatre
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

Rex Today-Pearl White IN Tigers
Cut." This is Miss Whites first appear
ance in feature pictures. She has scored
a big success over the country. Don
fail 10 see her first appearance lu-2oc
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

Miss Ieor4 Holland returned o. Dc
ersburg sunday after visit u several
weeks with Der srents and ner oroSher.
Clardie who was injured - a portable
awmul soEue time ago
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

OE 80 Island They have = SUE
gessful crop as often gs On levee pro
JeCted lana 10 per cent down ten
wears 100 o. lJnu acres See write
% phone VI = SHAW EicEman. Ks
Hugh Alvey and Marion Boult0u. "
Fulton were ia the city Tuesday
Tuesday at The Rex-Geo Walsh 81
The PlungeT
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17
FROST PROOF.

Crcsap Mos will have az all times
plenty If frost proof cuhhu ~ plants
Leave orders nt ur. Moss office 35-2tc
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17
LAND FOR SALE VERY CHEAP.

No s Island. 100 to $500 acres. ten
wears time See. phone or write NJ. y
shaw. Hickman. Ny "S-tie
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

Miss Jane Biuford delightfully."- en-
tertaincd few Of her friends Thurs
day and Friday evening from 20 10
10 $50. Bridge was the diversion Of the
evening and az the close delicious
salad course was served. and valentine
fuvors presented each guest Those
present on Thursday evening were /:
Me~tiamc- j. NJ Calvin. =. J. Stahr. r.
NJ Maddox. +. II. Prnther. Frank Fiem-
inc n. NJ French Mitchell Wright. a.
VOORHEES,. }. + stephens. q. g. Schlenk-
or Doe Engcl and a. : Handy. On Fri
day evening tine guests were Mesdames
r. Dobson. Karl Talley. Bob Coffee. A.
NJ. Alexander. Herman Bradley. Milton
Sprtdlin a. 4 Bouduranf Mamie Mix
"a. Dr White. r. n. Prathcr. Jr.. and
II y Cowgirl. IT Misses Frankye and
Carrie Maize Reid. Mary Holland. He-
mer Green Mozelie Brasfield and Nell
Eoudurant.
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

Or.a<1sts rcf,znc E,ooey n PlIzO OINTMENT falls
~ cnc Itching. b1ld bioaolne o. fs1sradins rllea
Instantly relieves ltchiua fle., ard 20 can sc
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

n + Keith. who was connected with
this office last fall. was in the city last
,xaeL visiting the Courier force. He
ar Tuesday for Mayfield where he has
srrepted a position in job printing
shop.
Friday at The Rex-Second Episode
- fbe famous serial. "Fantomas also
dreaming twO-reel Comedy and Fox
News
Mrs Il u. Johnson and daughter re-
,urped Sunday after a visit TO her
,rofher. Harvey Tell and wife Of Jack
IN and Mrs. Joe Amberg of Memphis.
Mr. and Mrs. $. ID. Stembridge en-
..-tained Judge and Mrs r j. Stair
ma son at a six O'Clock dinner Tues
day evening.
N.xt Thursday Anita Stewart in her
800 picfure-"Harriet and Piper. Adj
mission % cents
a .ace line Of canned and bottled
-. n Bettersworth's
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

n you knew way 10 make a
dozen million out OF that $40 IN
yGur pOcketbook. YOU would be
Interested. wouldn't you
william Wrigiey. Jr.. the multi
millionaire Chicago chewing gum
man. turned the trick He did II
With newspaper advertising lie
started IN Chicago about 80 years
ago with q capital OF $50 and a
bigger asset. namely. the belief
that people would buy a good
article ~ you let them know you
had q for sale. He says. There
is no use having goods for sale
unless you let people know about
IT." and that 1.-The newspaper is
the quick way 10 let people
know"
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

We have IN opening in our sstes
force for two refined women. eN-teach-
ers preferred. 90 Interview mothers In
regard 90 n home training course for
children. Previous selling experience
NOT essential Guaranteed drawing ac-
count For particulars apply 20 The
Thomas !. Gale Co. go Fulton Build
ing. Pittsburgh. Pa. 35-3t cow
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

Saturday az The Rcx-Pathe News
and bonneville Comedy This i some.
thing new IN the comedy line.
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

For SaIe-2o tons good hay-Pat
Henry. 36-3'
The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1921-02-17

Mrs. Mouie Threlkeld spent saturday
ia Union City.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-08
P5rerentnbEe Accidents

Automobile
o. nexcuab Probably fourffths Of
them taken by drivers by
pevenabe they should not be cassed in
the category Of accidents caesnes either
the Of other negligent party.
however automobile wrecks OF whatever
vile The wreckage of
Monoly killed and five injured
regeabe because
so avOidable tiny which shut off the
the of preventing the
crash saving
of Of families would be absent today
Every should warning to the
highway commission
highway particular to
thought be They
public wonder they will
average complacen Individual
highways city high speed
thing obstruction does
signify ahead looms
signal show it, he
should
preyentatIe' uinimzed
actually away
and light
in which generally signifies danger.
blocked will
railroad
itself public motorists driving at night
approaching This condition
each direction from the right Of
last General Assembly the which failure
obstucted roads rail crossings becomes misdemeanor
Who going enforce these
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-08
Sincere?

majority of
Indianapolis
D. Allison
sraos
effort stop the construction Of the schools
these
the building school
selves with the
between the school
These pretended
important justify sacrifice
contain clauses under which
b he board.
them.
Both Mr. they
negotiated.
The sincerity of the plea of the these
members that they
by desire to bring about
measured by their
They have attempted abrogae the contracts.
But they
school houses.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-08
BrysOn'S Ideas!

City H Bryson
they operating upon temporary they
o indicate things
controller n Mayor
run by Byson.
He of admin.
continue hand mouth existence
family
little the
If the department chiefs
they
treasury
administration exercised the
promised while candidate
o operation expensive, money
Presumably the
city council it, the public
limited in their expenditures just
followed the controller be
chiefs appropriations in
o. three months of the year.