Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1922-07-12
American Opinion Says
Pressure of Finance Is
Beginning to Tell
MUST CLEAN UP HOUSE
Then Uncle Sam Will Be
Ready to Start Talking
Turkey
iBy Associated PresAI

London, July 12.-The best in
formed American opinion in London
incIines TO the view that the state of
affairs in Europe is generally trend
| ing to betterment Notwithstanding
the situation in Germany and the
economic chaos in Russia. This is
based on multiplying signs that Eu-
ropean statesmen are realizing that
Secretary Hughes plainly told them
that they must "clean house before
America can usefully cooperate"
Slow acceptance of this fact is
seen by American official observers
here in recent utterances by the
French premier, NJ. Poincare, who is
believed to be cautiously feeling his
way to the more conciliatory atti-
tude respecting Germany and Russia
taken some time ago by Premier
Lloyd-George.
M. Poincare was given a powerful
lever with which he may be able to
budge public from their search of
Germany's pockets" attitude when
the franc began following the mark
on its downward path.
NJ. POincare's recent statements
are interpreted here as being care
fully designed to keep the make
lGarmang paT" slogan waving in or
der to disarrn his political opponents,
but at the same time calculated to
point out the dangers of too intran-
sigeant policy as indicated by the
depreciation of. the franc.
| 1t is believed that the report of the
French expert commission which is
soon rc return to Paris from it's in
vestigations in Germany will rein
force the premier's arguments in ia
vor of moderation. As this change
i9f front is believed to show French
realization Of the fact that little
progress can be made without get
ting the United States once more ac-
lively at the nations conference ta-
bIe, the first condition made by Sec
retary Hughes, namely, Anglo-French
solidarity, may soon be reality. Ad-
ii5iora! impetus in this direction is
believed to have been given the
French by italian cohesion to the
British policy.
What may occur in Germany
meanwhile IS the darker side of the
Epietura. In American quarters here
it is believed that the slump of the
mark was engineered by German
hackers Of policy which resulted in
sae assassination Of Foreign Minis
Ter Rathenau, but which was unable
to check the depreciation of the Ger
man currency once the tOboggan was
well creased. It is feared that the
danger Of rnogarchistic or other civil
perils in Germany may continue or
may even break forth in serious dis
orders, but it is thought that ulti-
fmately these dangers will serve to
drive French and British policies
nearer together to get the only help
that may avert a calamity-Ameri-
can finance. Until the French and
British policies are coordinated, ac-
cOrding to the American official
view, there is not chance for re-
sumption of the loan negotiations
which broke down recently in Paris.
/ That the Anglo-French views are
becoming more consolidated may de-
velop in a meeting of the allied su-
preme council which Downing street
during the last few days has been
limiting at as likely to be called soon
| It is pointed out that the summon
| ing of the supreme council may be
deemed helpful if it serves to bring
an American to the conference board
leven in the mere capacity Of an Oh