The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-02-26
Crisis Demands Early Readustment;
Uncle Sam Can Collect His War Debt
But Not Without hyurinq His Trade

on the economic side they are pro-
ducing.
IL lies in the power OF France
then. and this is the fact that l am
trying to emphasize, to prevent or
perhaps moro accurately to post :
pone indefinitely the recovery OF
Germany. Such postponement will
only in very slight measure handicap
France as contrasted with Great
Britain or with Italy unless IT be ac-
cepted that France by permitting
German recovery VIII Insure the
payment TO herselt OF Serman repa-
ratlohs'
But here we touch the key OF
the whole situation. The British
see In the rcparations the under
lying cause Of the prostration OF
the European market and there
fore the pcrpctuntlon of their own
unemployment. They demand that
reparations shnll bc reduced, that
the German market may be
opened, that the German cur
rency may he restored, that Ger
many may ne Drought Dack 10 the
same methous OF finance whlch
are csschtiai u she IN hsaln 70 re-
sumo ner ph'cc III thc worlu OF
hhlcrhh'iohai cNchhhgc. o.
coming matter OF IKE ana death
Tor Great Brithln 70 restore tnc
hiarhets Oh inc worm anu oi hu-
rope week ny week ana hohth
oy month, tne perhs anu tnc prl-
Nations lhciueht 10 BRUSH uhem-
piosmcnt arc coming 10 wugn
more anu more upon the briIish
minu ana as ~ inevitaDie the BIZ
ton IL grow more ana more 70 re-
sen, tiint ftrhch poncy Mncn ne
concciNcs 70 bc responsipie ior MS
own miscrics'
But by contrast, with equal inten-
sity, the masses in France are COM
ing to see tho British policy and
purpose as an attempt on tne par,
o. inc Brltlsn 10 restore oeI many ~
trench expense, TO reopen me Ger
man rlhrhets at tne risK Oh reaIHi
us the German Juhker. me frencn
man sees tne Enshsn,iian ueI'a,Lu n,
ing tnaI France reduce ner pi'
against Germany IN oruer tnht Din.
lsn traae may liourisn anu pri'lsi
prosperity return
At the bottom OF the Anglo
French situation at the present
time then one must perceive Una
tnere are tundamentai ana essent'a
Is not eNaseeration 10 say tnat
inaJority Oh Ehslishiner touay oc
ieVe that very Haterlai part o.
tne present misery IN tnelr oN
country results from fTencn pollcy
ana 1t Is slnliarly true that ma
yorlty OF french DeueVe that un'
Enslisnmah IS seehlhs 10 saerllic'
france 10 save hlmset' YOU nav
not one but TWO nations IN uesperat'
straights' the british economlcall,
crippled. the French fiscaiiy shaken
ana you nave eacn OF tnem pro
loundly convinced that they ow
much' II not all or their present dis
comfort ana worries TO the other'
The American who accepts the
French view Of the European
situation will be convinced that
France Is u victim of "a selfish and
cold d-bloodcd British policy. Tho
American who accepts the British
view sees Britain and the world
partaiiy paralyzed because OF
frchcn madncss growing partially
out OF miiltarisuc mania ana
partly out OF surviving sheii
shoch'
one sided and neither in any sens
covers the real situation. The trou
Bile il that the European sltuatio
will not have any immediate O
widespread Improvement as long q
Great Britain and France are nc
able TO compromise their respectiv
British have not felt the necessity c