Perth Amboy evening news., 1922-11-10
Current EDents
For the Schools

To Americans the most important
event NJ the current week Is the
sIaction of senators and representa-
t;ves to congress-. Secondarlly comes
the choice of governors anu
legislatures of the various states
Nor ia the election a small matler
10 the rest OF the world.
With most of Europe deeply IN
daht TO the United States ard Win
this country incomparab'y n
Greatest on earth today, American
nolieies are of supreme import
ance everywhere. They wiz oo.
pend Largely for some time 10 cohnu,
mon the peoples voice as ho"
heard at the polls. Nov 7
THE election takes place NOV
the result a only be guessed
now. bo,3 their
nrasant n,ajorities in Senate anu
HRoTsa II Representatives a conlln-
nstion Of present tendencies may De
uarnted on. since the situation Will
remain as today. CON-
Should the Democrats gam con-
- ne cue. house, or bolh, SOME
liz IilS. a deadlock would ensue,
tha Democrats probably niockins
penubli.an legislation, and to SONY
extent eYan hampering Iresau ins
H~ording's policies , wlthou p te
ahle because of his veto power -
nut any ideas of their own in'o
feet. .o,o O,ves
= E,.orean financiers, Americans
/advising. are wrestling Win lno
arohIem of payment by germany
tha allies for their losses IN the
war. Germany
saws his country probably wiz 81
bankrupt if the claims against nv
are urged just now. .h;s OTHERS
do not. ..oa or,;te gem
.-aiIv that it may be 10 III.
80 IN inmediate payment py q
s~ns;on witch undoubtedly IS plnch-
"a terribly for money, VI may pe
l to pay up if given sohlc ~
time. JUS. as it is unwlse 20 ptsee
tndiyidual similarly sltua.eo not
idea being hat the money ~ oredi.
the debtors ruin Is "ha' l"e
tor wants. orot wait
~. Garp,apy unless her own creo-
itors will wait for her. .ha a.
Tor This reason many OF the u
..nc;ers suggest a general mora.
.a.;nn,-that is, an arrangement ny
Itch nayment of debts is suspend
for a certain length OF time. III
MI. instanye five years is the snort
at period mentioned. an.
~ co1rse the United States Is con
.rned vitality since she IS France >
md the rest of the allies principal
creditor. Ill, Grant all
racessary time for payment 80
money she loaned during .ne wa
hut again 1t has been r,aue osi;-
that she will not cancel ,uo have
rations, as some or n oeoloi
= wore than limited at.
For one thing, the money is risht-
fully hers. For another shlns. sne
he NO inclination to make a pres
.n+ IF II TO powers which cs4'd d
vsrv soon if they reduced their
nr,,;tarv expenditures-a thing they
show no signs of doing.
President Harding reaffirnied TINS
rosition only a few days ago.
Worried By Fascist
The new Fascist regime IN itaiS
worries Europe. u,,.h
wbat italy got out of the war. Ii
Il Thought quite likely. now they are
in mower. that they will try to get
more, This would disarrange the
peace settlement, which surely would
cause trouble. and even a littie trou-
BILE. in Europe, has such a tenuehcy
to spread! .uo
To begin with, diplomats beieve
x the Fascist government VIII under-
take to make an italian lake. out
Of the Adriatic Sea (hnd 1t on the
mep). .
Albania, on the eastern Adriatic
shore, is having a revolution now. IL
may give the Fascist an excuse Tor
intervening there. The turbulent
Italian poet, Gabrielle
plans another filibustering descent
on Fiume (find also Albania n
Feiume on the map). There would be
dynamite in either of these ventures
Bulgaria fears Fascist ambitions
that could be realized only at her