The New York herald., 1922-01-28
CHANCELLOR ISBACK
IN NJOBHERESIGNED
Dangers of Austria's Economic
Situation Cause Johann Scho-
Der to Stick to Task.
ASSUMES ADDED POWER
Control Of Police Expected to
Help His Plans-U. $. Partly
Blamed for Crisis:

Special Gable to THE New York HERALD
COPYRIGHT, 1889, By THE NEw YoRK HERALD.
VIENNA, Jan. 27.-The resignation yes.
terday of Chancellor Johann Schober
after the ratification Of the Lana treaty
by Parliament. which has been expected
for more than week. was reduced to a
mere formality by Dr. Schober's resc-
ceptance of tho Chancellorship this
morning when urgently requested to do
SO by leaders Of the Christian Socialist
party.
The whole press except the pan-Ger-
man group views the dangers of the
present economic situation as demand
Ing continuity Of government, but Chan
cellor Schober also will become Minister
Of the Interior. leaving Foreign Affairs
to the Minister Of Agriculture. Dr. Leo
pold Hennet. who will ill both positions
for while at least.
1t has been known for some time that
DR.. Schober wished to get out Of political
life entirely, but the stress brought to
bear>on him that the Ministry Of the In.
terror would give him complete control
OF the nations police forces proved a
deciding factor as we'll as an essentially
satisfactory one. as putting the police
control in other hands would have been
fatal to the carrying out of Chancellor
Schobcr's economic scheme.
The news from London and Paris that
some sort Of emergency credits may be
issued shortly already has had quiet
ing influence on the soaring rates Of
exchange. foreign currencies reacting
considerably. t. a 81. r
Special Cobfc to THE NHw YORK HERALD.
COPYRIGHT, 1929. by THE New YORK HsiALs.
New York Herald bureau.
Although admittedly perturbedF over
the troubles of the Schober Cabinet, in
Vienna, the French Government sees
therein proof of It's contention that any
conference not bringing UP political as
well as economic problems IS dangerous
to the stability Of Central Europe
THE Austrian Cabinet crisis is a sdi.
rect result Of pro-German Vaccinations,
rather than discomfort over Chancellor
Schober's financial ana economic Plans"
g. high authority In the Quai d'Orsay
told THE New YORK HERALD corre-
spondent here to-day. ''All this might
have been. spared II the United States
had been willing to- waive for. a few
years IT'S lien. even X the waving OF 1t
were accompanied by the condition that
the funds the Allies were willing to
grant to Austria were not to he split
up among the secession States for their
advancement, instead of for Austria's
reha abilitation. stot.ct .@EA'@
Certainly the Allies are willing to ac-
cept such conditions, and as the claims
OF the smaller creditors are compara-
lively small, undoubtedly some agree
ment could be made which would satisfy
them, such as credit loans from France
and England greater than anything they
would be able to obtain II Austria col
lapses entirely or hooks UP with her
Germanic. neighbors." - ..,f --si'
1t Is understood here that REPRESENTA-
tlons Of this nature already have been
made In Washington without any sue
cess. the American Government refusing
to enter a combination until 'Europe's
future is more settled. N% -sf