The Washington herald., 1922-05-18

Continued from Page One.
tional. groups. class blocs and the
utter breakdown of currency sys-
TENS In Germany were some Of the
results the speaker declared were
directly TO be attributed to the
treaty. -.
U. .. Must Aid Europe.
Realization that America mas
found it impossible to remain
isolated has come to the American
businessman, said the speaker. and
he propheEied that the war has
shown that We must face the fact
that Europe and America are mex
tricably bound together by ties of
commercialism and industry.
The United States is the heir of
the ages and the hope Of the world.
We cannot fail to realize the first,
nor lose sight Of the second. he
concluded.
American business men must see
to 1t. that at the earliest possible
moment. Russia and Germany
should be restored to economic pro-
ductivity and to their full COM
mercial relations with the rest Of
the world" in the opinion OF A. c.
Bedford, chairman Of the board Of
directors of the Standard Oil Cora
pany of New York.
Asks Aid For Russia
Bedford said that although re.
sumption of commercial relations
with Russia would go far Ito put
the world OF finance, industry and
trade on its feet" Russia must hrst
give earnest assurances of her de-
termination to conduct her affairs
in accord with established interna-
tional morality and the enlightened
Judgment of mankind as to inter-
national obligations.
European Condition from a Meth
erlapds Standpoint" was the sub
jecr of an address delivered by ].
c. A Everwijn. Minister OF the
Netherlands to the United States.
Lack of a purchasing power since
the war by nations that formerly
were customers of the Netherlands.
declared the minister. was respon-
sible for the great loss suffered by
those states. Excessive taxation, he
also said. was retarding the financial
readjustment of his country.
Harding to speak.
Silas II. Strawn, chairman of the
board, Montgomery Ward and Com
pany, of Chicago, spoke in the
morning on Preparations in Rela-
ton to American Business" Dwight
w. Morrow. of J. p. Morgan and
Company, New York, spoke of the
financial rehabilitation of Europe in
relation to American business.
President John H. Defrees. of the
Chamber, announced that President
Harding would address the general
session to be held this afternoon at
2 o'clock in Convention Hall. Fol-
lowing this session there is to be
q meeting Of the board of directors.
During yesterday afternoon there
were meetings in groups at various
hotels where questions having to do
with particular lines of business
were discussed.
Hughes On Program
Albert T. Lasker, chairman of the
U. 8. Shipping Board. will address
the general meeting at Convention
Hall this morning at O'Clock and
Marine" At the same session there
will be addresses touching the
various phases of shipping by Har-
vey ]. Sconce. ]. L. Ackerson. former
vice president of the Emergency
Fleet Corporation. and Frank c
Munson.
Following the address Of Presi'
dent Harding. this afternoon, the
resolutions committee will make q
report and there will also be reports
from the committee on nominations
and elections.
Tonight's session will be opened
at o'clock with an address by Sec
retary of State Charles f. Hughes
whose subject will be Some AS
poets of the Work of the Depart.
ment of State"