Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-01-28
vAUCLA|N OPPOSES
GENOA CONFERENCE
Now Returning to Philadelphia
From Business Tour
Of Europe
DEGREES RUSSIAN TRADE

bedger.I
Paris, Jan. 27.-"You must remem :.
Der I am locomotive builder, and not
an expert political cconomist--the
woods are full Of them--nevertheless,
I am pleased to learn by this mornings
newspapers that the United States is
not likely to participate IN tho Genoa
conference"
Such was the greeting from Samuel
NJ. Vauclain on the eve Of his departure
from Paris for Brussels and London on
his homeward voyage to Philadelphia.
Mr.. Vauclain was in good health and
good humor, despite the thousands Of
miles covered on all kinds Of railroads
In a business tour of Central and
Northern Europe. including France,
Belgium, Norway. Sweden. Germany,
Poland and Austria Hungary. He
will be in Brussels tomorrow and later
in London. and will sail for the United
States on February s on the Olympic.
Mr.. Vauclain was interested In the
senatorial situation in Pennsylvania
and expressed hearty personal ap-
proval Of the appointment Of George
Wharton Pepper. He even forgot the
complexity Of European problems to
discuss the prospects of the two COM
munities, Philadelphia and Camden,
which are to be Joined by the Delaware
River Bridge.
Praises Philadelphia
''They say we do things slowly, but
we can point today to tie fact that
Philadelphia Is the first industrial city
IN olv will No
said.
Turning bach to Europe via Wash
ington. Mr.. vauclain said: II am
glad that President Harding decided
not to attempt telling the European
nations how to ruin their affairs. They
con settle their problems among them
selves.
ut seems to me that President Hard
ing is one Of the most sensible Presi-
dents, and as statesman Secretary
Hughes is unequaled in any nation.
We have one Of the ablest world fnau-
ciers in Secretary Mellon. They see
clearly ns to the conference OF Genoa.
Russia is in a fever that will run its
course regardless of the conference,
which will not have the effect Of max
ing it field for trade"
Mr.. N0uclain Is convinced that It Is
folly for American firms to do business
with Russia for the next few years.
He declared that Poland, Germany and
France are the most prosperous nations
he has seen, but declared that France Is
the most fortunate, as her prosperity is
genuine and not due to low exchange
as is the case OF Germany.
81 was impressed with the German
industry and methods of caring for thel,
export trade. A recent Russian orde,
for 700 locomotives was distributed pre-
rata to nineteen German manufacturers
according to their capacity, by an asso.
citation of manufacturers themselves
! This sort of thing IS encouraged by thu
! German Government, where In America
! IL would be smashed as q combine. Ir
every country / visited L found agri
/ culture improving, which is a token O
! future prosperity. but in Franco / fount
| the most solid foundations for future
wealth.
Says Franco Is Better on
an many respects France is better
of than America. especially in the mat
J ter OF labor. She has every reason Il
look to q brilliant future. but she shoult
not show her impotency by demobiliz!n!
single soldier until she has absolut,
assurance that Germany will pay il
| full the sum Of her reparations.
"Of tho northern countries, Swedei
! Is in better condition than Norway
Sweden has contracted for 1000 loco
motives for Russia and has the adyan
tage Of being close to Russia. but othe
industries are not so prosperous.
Norway Is affected by the genera
European disorder and her exchang,
Is falling, The resumption Of her man
ufacturing exports depends more thai
that of most nations on the genera
rehabilitation Of Europe"
The activity Of Poland impressed
Mr.. Vauclain. moreover, as he told o
her receiving 12J locomotives ordered
last year ON teH-year credit.
POLAND is destined TO become on
of the great nations Of Europe,' h
said. 1.-THE Government ii growinl
stronger and the labor situation Is ex
cellent. The value of her currency i
increasing and her geographical posi-
ton between Russia and Western Eu
rope, the Baltic and the Black Sea
inSures her future. Her coal. iron an
wood resources. together with the in
dustry Of her people. will lead to rapi
prosperity
Mr.. Vauclain left the United State
in December, and said he was no
familiar with the industrial situation
but was Of the opinion that 1t is NOR
or less static In the II ldwin industry
During his tour he has been receive
~ high Government officials In variou
countries, and in Belgium he talke
with King Albert and Cardinal Mercier
lie visited the krupps at Essen, an
declared that despite the industria
prosperity the standard Of living anon
German workers was lower than in an