Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-09-10
PREDICTS FINANCIAL
RISE OF GERMANY.

PREDICTS FINANCIAL
RISE OF GERMANY.
Germany will rise undoubtedly from
her present financial ruin. Just what
steps she will take no one knows. She
does not yet know herself but her
statesmen, fnanciers and economists are
working hard to evolve some feasible
plan Meanwhile. her citizens are work
ing with something like their old time
energy. and this in itself soon will carry
her back to the high pre-war level.
Most Americans, wrongly enough, Judge
France by what they know and see of
Paris. Paris is the vocal part of France.
but it is no more typical of France than
- New York is typical of America The
French, as whole, are intelligent sober
minded. industrious and economical. and
they are finding ways out of their diff
fculties. Therefore France will before
long get her stride and will remain what
she has long been, a bulwark Of our
civilization.
Russia is the most disturbing factor
In both the political and economic world.
She is too big, too potential to be
Ignored, much as some desire to do So
Germany, her largest and most intel
hgent neighbor, understands this better
than others. Until some order is
brought about there central Europe can
not altogether prosper The English
know this almost as well as the Ger
mans do, for their trade tentacles touch
every corner Of the globe and are
sensitive to economic disturbances.
The English and German financial
world would like to grapple with the
Russian problem and facilitate the re-
| turn of something like stable conditions.
but no encouragement comes from the
United States and but little from Franco.
Tor neither is in intimate touch with
Russia, France having lost it since the
war.
z. S. WITS TO BE
SHARPENED BE STRIFE.
The United States lacks more than apv
OF the great powers the internationaI
mind. Its development has been very
slow with Us, considering our recent
activities in world affairs. When our
industrial difficulties grow more acute
our wits VIII become sharpened and we
will awaken to the necessity Of taking
more active part in world affairs On
the other hand, the English have the
international mind developed to degree
uneoualed by any other nation. They
think in international terms as we think
In national terms. There is no outlying
Soiuer Oh tue eaFtn unkonwn to their
people. If question relating to remote
!. parts OF the globe come up for govern
4 mental consideration or public discus
s&fion, there are at hand many who know
Whose parts, be they where they NAV. as
1--we know the different States OF the
a MON. The press have upon their staffs
lfnen conFeFsant with all such regions
eHNho are able TO write of them in an In
%elhgent way and readers are found in
plenty eager for the information given.
~ our people as yet see but little con-
&nectlon between this interest in and
>&knowledge Of international affairs and
Pie expansion Of our commerce. and a
al etterment of our industrial condition
And until they do. we must continue to
work at a disadvantage with our com
petitOrs.
EUROPE SHOWS GAIN IN
POLITICAL SITUATION.
Europe may be summed up broadly in
this way; The political situation grows
better day by day. The shadow Of Boil
shevism is no longer great. Labor ia
more cOntented and Is gradually getting
back to pre-war efficiency. The national
finances Of the late belligerent countries
are in bad condition. but their indus
trial condition steadily improves II is
salO that there are more people out Of
employment in the United States than In
all Europe, outside Of Russia The fat
money under which these late beIIigerent
countries are operating is thought by
many economists to be a not unmixed
evil. Germany, for instance, could not
carry On IL the mark materially depre-
ciated
] The Industrial life of the United States
! is beginning to feel the impulse of the
"Ch T.
esto be hoped that Washington is giving
s%serious though to our foreign trade at
~this critical moment.-Copyright 1921, by
q Public Ledger Company.
q DUST AND FOOD.