The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-03-11
DESTROY AMERICA
To HELP EUROPE

PROFESSOR irving Fisher OF Yale
university, is a fair sampled of the
pro-European propaganda in this
country. He has just returned
from Germany, where he went to
look into the claims of a chemist
that he had been able to produce
synthetic gold, which is a good deal
like saying that he has been in
Pittsburg examining a new machine
that gives perpetual motion. The
Newspaper Enterprise Association
is putting into circulation some ar
ticles by Professor Fisher on the
world economic situation-the fol-
lowing extracts give an idea of
their drift:
Sound economics demand that
America should make further loans
to Europe instead of haggling over
war debts"
eff we nurse Europe along per-
haps twenty years from now there
will be prosperous Europe paying
handsome dividends"
"War debts are practically hope
less anyway. No reasonable man
in Europe expects any of the in
ternational debts to be paid, excep-
ting perhaps Great Britain's debt
to the United States and part of
the German reparations. They
laugh in their sleeves at the idea.
They think we abandoned them
and they are willing to let us
whistle for our money"
"a great deal of these eur
ope's) dangers and their reactions
on America and the depression of
our trade are due to the refusal
of America to join the League of
Nations. Without us it has only
a feeble power"
In short, because we went to
the rescue of the allies and saved
them from defeat, territorial loss
and the impositions of huge indem-
mites, or at the best an indecisive
conclusion of the World war, we
have thereby incurred, justly, as
Professor Fisher and others of his
ilk allege, not the gratitude, but
the i'll will of the allies, because
having done this service we refuse
to use our capital to reconstruct
Europe's economic system rather
than to restore our own, and, hav-
ing asked nothing by way of terri
tory or indemnity while millions
of square miles of land and millions
of dollars in money, materials and
shipping were divided up by our
associates in the war, we now hest
tate about paying the German in
demnity ourselves.
Our associates in the war laugh
in their sleeves at the thought of
paying back the eleven million dol
lars they borrowed from the Uni
ted States, although that money is
what saved them from the loss of
MANY times that amount as the
result of defeat in the war. New
ertheless it would be unreasonable
for us to refuse to lend a few
billions more to nations which are
ready to repudiate loans made to
them in the hour Of dire necessi-
ty.
1t is our duty, in other words,
to impoverish America in order that
the financial and industrial fabric
of Europe may be restored and to
join the League of Nations, con-
fessedly feeble without us, by Pied
ging the wealth and the manpower
of the United States to the support
of nations we have only made angry
and ungrateful by the hundred bill
lion dollar expenditure we have al
ready made in their behalf.
That there are Americans who
have this conception of Americas
responsibility and duty, seems as
founding; yet there are many of
them, especially in seats of higher
learning. They are just now busy
ing themselves with a movement
to rehabilitate the Wilson brand of
internationalism through the Wilson
Foundation campaign and by other
means known to those who at one
time had this country under the
spell of war psychology.-National