The Cordova daily times., 1922-05-10
WE HAVE NOT DRAINED EUROPE
 OF GOLD

The un-Amercan American can always be depended upon to islander his own country It is not difficult, as rule to prove the faIsity of his charges against his Government and its people, Sometimes, however, we are 10th to go to the trouble of presenting facts in refuta- tion of his shameless accusations. Then he grows more and more blatant in abuse of the land of his birth the land which affords him the only home that can be safe abiding place, the land whose integrity he denies and whose institutions he defiles with his presence here.
 It is over-leniency with him which has enl- 3oldened this un-American American slander cd to continually allege selfishness and forget fulness of humanity's claims on the part of our Government because the latter has not Iagreed to every proposal made by scheming European politicians looking to this nation re- reathering old world governmental nests. "We drained Europe of her gold, and now we old-boodedly refuse to join her in plan ming some way to restore her economic inde pendcnce,' cried the un-American American few months ago. His statement was not dis qutcd and next day he repeated it with in creased bitterness of voice and manner. The sIanderer of his own nation is happiest when he is making his course overflow with venom This particular lbeler has since shouted his fasehood from the housetops and in. the market-places, growing more and more con- vinced that nobody suspected his untruthful- ness. *....
 That there is no ground whatever for the charge is apparent when easily available of fcial reports on the gold reserves of various countries are studied America has more gold coin and bullion now than before the World war-and so has Europe. The old world led us then in total amount of gold reserve, and leads us now. Every European nation which fought the Central Powers is vastly richer in gold to- day than before the great conflict. The only lands ''drained'' of this commodity are those which suffered defeat It is easy to know who did the ''draining" when we note that the Allied nations, and the tiny countries which are "neutral" enough to trade with both sides, have multiplied their own gold reserves many times since 1914.
 The real need of Europe is succnctly stated by the New York Herald when it declares that the old world must figure out how to put her supply of gold to work-not how to get yet more of it from America to crowd the vaults of her banks The discussion of this subject by the Herald with table showing the present amount of gold supply of each European coun- try, is a refutation of every un-Amerlcan Americans charge that the United States IS hampering the old worlds business revival.
 We are fortunate in being independent of Europes old time control of the worlds gold supply. We won our independence by good bus mess methods, as well as industry. Our inde- pendence harms Europe not a whit-she is still better off in this respect than are we. She might surpass us in industrial and commercial fields, too, ii she could bring herself to put Ter money into other things than preparations for another war Moreover, we could our selves advance much faster if Europe would turn some of her hoarded wealth into paying the debts she owes us.
 beautiful thought you can boost until you be- come bore An appropriate knock" at the right time