Every evening, Wilmington daily commercial., 1921-04-11

tho etorm. The opinion Of tho
French people caused by tho super
f,riai Impressions collected In our
cities that better economic cnnditioha
prevoil In Germany than In Franco ~
ahsoi,italv contrary 10 the reality. Also
there now exists class of profteers
who are aai1nndering the money Whleh
they hunt from the people. Unaef~
meath the siirfncs there Is hidden
bitter and serious misery. Many mn
lions suffer from starvation, the lack
Of clothes and other necessities. me
toilors are compelled 10 use most ol
their wages splety for the payment ~
their daily necessities There is no
doubt that ruined country can not
develop any building activity and iR
therefore unable TO create market
for the Industrial products NJ home.
Germany" continued Dr Klockner,
cts moro than ever now dependent on
her export 20 procure the means OF nor
imports and II must he said oxpreaRly.
on an export which pave ana not on
one. for instance. such is combined
with the iron industry which is seh-
ing ~ prices meaning losses
"'rhe situation Of the big Germa
works has become worse very rapidiy
and considering that the results arc @
be measured by paper marks no one
or any foreign country has flsht .
sneak of favorable Development ~
Germany.
Naturally. we in Germany hgnt e
| the utmost To prevent complete ch4
| tapae. We shall have 70 consider witf
/ oiir laborers and Assistants IN which
way We can improve our conditions b5
extra work But IN no case German etn
movers viii renounce their Independence
and they will never voluntarily cor
cede that their works viii he mad
securities for any foreign financial ran
saction.
Il am emphatioaliy hostile" en-
nbasized Herr Dr. Peter kIockngr. -
fhe plan of the American banking con
Germs Of loan aRainst pawninE n N
duatrial works because in euch pro
ceading I must soc the end If Germany
Voluntarily no industrialist and no Ger
| man will submit to such desire. on
government has no means in their hand
| ~ enforce from the owner anything g
this kind for in Germany still exists ~
respect 10 private ownership. Amer
lea must be very careful in the interes
NJ her own economic conditions 70 tonc
upon this right in a foreign country
French plans 70 enforce such seenr
ties for the sake Of a. American lon
from Germany ran not bo carried ot
even by occupation ~ tho Rnhr dAstrlf
and other parts of Germany. Ever
German knows that by concession
that way workmen and employer n
made slaves. II France together ~
her Allies want to carry out this pa
they viii have 70 place over ever
German a constable with whip
extra-work could be secured becau+
the reluctant work of slave can n
further production
In my opinion he said in concluslo
foreign credits can he ~ benefit IN
then II the ndemnifies arc fixed accorf
ing 10 the rea3 conditions fixed hy 2
perts. The fantastic figures named
PARIS no one. and ! presume this
true in America w!ll be taken seriouai
The sum being Fixed IN accordance wit
the possibilities then agreements "a
easily be arranged privately betwee
American money lenders and fiernla
industr!allsts. These credits nave rea
son only Il the German can see thi
IN the course II thirty years he a
free himself by oxtra-work.