South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-12-08
LECTURERS HOLD
FRANCE IN NEED
OF GUARANTEES
international Chautauqua Ly-
ceum Associations Convene
at Washington.
MUST STOP IMITATION
Prof. Irving Fisher of Yale As
serts Dollar Sterilization
Is Need Of Times.

WASHINGTON. Dec. 7.-tBy A..
Pl-World problems-economic and
polltlcaI-had a dominant place in
the discussion at the lecturers con-
ference on public opinion and world
peace which was convened here to-
day by the International Lyceum and
Chautauqua association. Various
solutions were advanced with some
Of the principal speakers contend
Ing that a guarantee 20 France
against possible German aggression
was the first essential step in getting
the nations OF the world back on the
road TO normal commercial rela-
tions.
The views Of Mr.. Clenenceau, for
mer French premier on this subject
will be presented to the conference
tomorrow in the only formal address
the distinguished French visitor IS
TO deliver during his four days stay
in Washington. Members Of the dip
1omatic corps and government officers
have been invited to attend.
Pres't Harding. in a letter Of well
come. read at the opening Of the
conference expressed the wish that
this beginning might point the way
toward a new advance into the light
OF understanding BY which alone we
may safely lay our course in such
times as those in which we live -
He declared the conference suggest
ed "a certain parallel 10 the intellec-
tual movements In which the uni
verslties OF Europe were founded
and the renaissance Of learning and
humanism had its beginning"
Suggest Guarantees For France.
Guarantees for France were first
suggested TO the conference by Har-
old G.. Moulton, professor OF political
economy at Chicago university and
emphasized IN an address by Edward
4. Filene Of Boston. former presi-
dent OF the Chamber Of Commerce
Of the United States. Mr. Moulton
was discussing the necessity for the
balancing Of national budgets and
contended that this could not be ac-
complished until there was world
disarmament.
Asserting that the road TO disarm-
ament obviously was through Paris,
Mr. Moulton said this country must
recognize that unless and until
France was given some sort OF gen
uine assurance" that she was not
TO be left TO the mercy Of a re
vengeful' Germany. there would be
no general reduction OF military ex-
penditures in Europe.
"Thls involves" he added. either
an alliance between England. the
United States and France or else
some kind Of association of nations
IN which the former enemy powers
as well as the United States shall be
represented"
Mr. Filene suggested an agreement
for an economic boycott on cOndi-
ton that Great Britain. Italy and
other powers give France "the neces-
sary guarantees required to bring
about European tranquility" In
this way. he asserted. there would be
laid the foundation for Tranquil.
working Europe for good American
business and for a world safe for the
non-mIitariStic nations"
We shall also" ne continued.
have America satisfied because she
has been true TO her ideals and has
taken her rightful part I'm the settle
ment OF the problems of the world. "
Prof. Irving Fisher OF Yale, in a
discussion Of money. exchange and
the depression of trade. declared the
need OF the times was for stabiliza-
to OF the dollar with the first step
a stoppage OF imitation and deaauon.
No government could halt imitation
until - balanced its budget. he as
serted, adding that this called for a
reduction in the burden Of militarism
which in turn would require peace
guarantees. In his Judgment such
guarantees could come only through
the League OF Nations