Every evening, Wilmington daily commercial., 1921-04-26

last Austrlana 10 he made a noble by
Emperor Charles. NeitschberRer Is a
figure of grent Importance for middle
Europe He is a broad minded business
man and owns one of the largest
magneRte mines IN the Austrian Aipa
and with many enterprises In Hungary
and several other Balkan states. With
a fortune of over one billion Of Aus
trian Eronen nc ia considered a wealthy
man I'm Austria He placed many millions
ut the disposal Of the ex-Enperor
Charles for rnonarchistic propaganda.
IT tho Loucheur project were accom-
piished many people In Vienna Tear
that Veltschberger and LOuchenr to
Rether would start n general expioita-
ton Of Austria. Veitschberger would
gain tremendous Influence in Austria
and II may he presumed that this IN
nucnce will smooth tho path for the
plans Of the laat ITapsburg. which by
no means have been abandoned.
whnt The Leaders Want
That which the Austrian political
leaders want ~ this moment is very
simple They will endeavOr on their
own Initiative 70 interest international
private capital for Austria without the
assistance Of the Entente powers and
without help OF projects from PARIS
or London or Rome.
Is this an undertaking without
ehauce2 I believe not.
II rs true hat tho Austrian govern
mont during the Inst fow months haa
complained very bitterly regarding the
threatened break NJ Of the country.
but this was apparently done with the
intention ~ exerting pressure on the
that they
would hurry In giving assistance Now
II fs quietly admitted in vienna that
thcse plans we're partly exaggerated
As "A matter Of fact. Austria is not
without ability to recover. Tho govern
,n~slt has considerable aHsete which
could be offered for funding large priv
ate loans az foreign countries. AuT-
trfa'a plentiful ard important water
uovyer has been exploited ~ 2 very small
extent ao far Several Austrian in
dUetrjoe. among fhcao the papcr fool
ard certain braurheg of tho metal and
machinery industriea have poaebili
tics ~ great production facilities and
to-day tho exports which in viow n the
small ssizn ri tho country and iack n
coal may be considered as important,
for tho value ~ exported goods in one
wear vas about 81 billions IF Kronen.
Agriculture ran bo increased materi-
ally, and Austria.H President. Dr
| Michael Hainisch. hifueolf acierfi6cal-
/ " trained agriculturiHt--t1a told me
/ that n ia his belief Austria can, within 2
/ few years produce herself the larger
norton ~ food gtufTs the republic RE-
uuiros No additional proof is needed
/ that Austria cau ite after nor economic
| life has been started with the help of
! foreign capital The best proof ~ this
Is that Sir William Csopde. svho very
carefully investigated Austria econ-
ofuic conditions for 4 number II months
| reached the conclusion that Austrian
| business. after sufficient loan. would
| be on a paying basis That which
| French or English government money
can do surely can be accomplished by
private capital. because the latter does
| not work in accordance with bureau
cratic methods. The Entente powers
should confess NJ last that they cannot
help Austria and the only thing thai
they can Do for Austria is to runounce
once and for all the unreasonable dc.
mands on Austria under the PREPARATION
clause 50 that private capital need nc
longer fear that in thc final analysis i
merely works for the pockets of tn
Entente powers.
The truth Is that the Fnteute power.
have ruined the small country through
an insane peacc treaty and that the,
have stood IN the way of every reason
able plan for saving Austria The,
should at least step aside so that AUS
tria can get into direct connection witt
the international business world.