New Britain herald., 1922-09-25
SAYS SOCIALISM IS
 BANE OF GERMANY Dr.. Yon Seimens Warns Against
 Loss of U. s. Support GIVES ADVICE TO ll
Industrial Magnate Expla
 Appearance of Present
 is Deceiving and Cont True.

Berlin, Sept 25 (By Associated Press)-The healing of Europe's ills Is possible only through the aid of America, but she will not help so long as she is convinced that Germany. as well as Russia and Austria, lis infect ed with the intellectual malady of socialism says statement by Dr. Carl Friederich von Seimens, an in- dustrial magnate, a democratic mem- Der of the Reichstag and member of the imperial economy council.
 America Will Aid.
 If we ourselves have not the power to overcome this sickness" he warns the Germans then America will consider it essential that the cen ter of epidemic be isolated and the illness permitted to abate of itself as a lesson of warning for other peoples"
 He says it appears abroad and in large part at home, that Germany is fully prosperous and that her economic condition is improving since there is no unemployment in Ger many and the demand is greater than the production, yet the contrary is actually the case. Germany is sell ing and squandering that which she stored in former years and is preju- dcing the foundation of her later resurrection, he declares.
 Deplorcs Use of Marks.
 One cause of "our blind economic self weakening he asserts, lies in the fact that the Germans continually use the mark not only as means of ex- change and compensation, but as the standard of value although it's worth has sunk to ree-tenths of pfennig.
 We can only arrive at the .conva- lescence of our economics when we no longer use the rubber band, but rather the firm yard rule as the meas ure of value" says the statement. Only then can we gain the necessary credit abroad.
 Dr. von Seimens then proceeds to a scathing criticism of socialism, de- claring that "the sternest front must be presented against socialistic level ling and oppression through state regulation of economies To make further concessions to the masses spells democracy compromised and ruined"
 Diagnoses Socialism.
 He diagnoses the economic char acteristics of socialism. as evidenced in Russia, as follows:
 First. the leveling of all indi- viduals for example. their incomes and thereby the extinction of all personal aspirations; and second, the centralization of economies, the enforced regulation of production and consumption and the exclusion of competition, resulting in decline of production, frightful costs and hunger ard distress"
 He says that unfortunately these characteristics and results also have appeared dangerously in Germany. Declaring that German production to- day has only reached 70 per cent. of the pre-war volume, he outlines the causes as follows:
 Its Three Faults.
 Firstly. the senseless operation of the eight hour day; secondly abate- ment in the intensity of labor as re- suit of the socialistic leveling, and thirdly, development of unproductive labor as a result of the states social istc grip on economics"
 Dr. von Seimens halls Hugo Stinnes' of the restoration contract with the Marquis de Lubersac, as triumph of individualism over the principle of common economies and l says it shows a reawakening of con- fidence in Germany's leadership.