The New York herald., 1922-08-19
Germany Can't Eyade Large
Contribution to European
Reconstruction.
SHINES PROGRAM WRONG
Not War or Politics, but Busi-
ness Would Determine Ma
tion's Destiny.

Special Cable to THE New YoRK HERALD.
Copyright, 1929. bp THE NEW York HERALD
MUNICH, Aug 1S.-Germany can.
not get off without a large contribu.
ton to European reconstruction, Gen
Ludendorff told THE NEW York HER
AID correspondent to-day.
"1'he French armies will settle rep
Narations differences unless German,
finds working arrangement WITH
France and Great Britain whereby
both sides can profit"
Gen. Ludendorff made these state.
ments as a student of economies, which
he has taken up in all seriousness. ard
before ne knew OF the breakdown of the
LonGcn conference. He is convinced tha;
France never will go bankrupt before
using military force. which he feels
would cause disaster to Germany. He
would make far reaching economic
compromise. offering the French and
British participation in German industry
to replace sanctions and payments In
gold.
''Germanys enemies and business
competitors should have sufficient inter
est in her material prosperity TO en-
courage rather than undermine her bust.
ness activity" he said. This would
make Franco-G German relations possible
on a solid material basis. with possibili-
ties of Ger1nan-American contact in Eu-
ropean reconstruction"
He believed the SHINES program
wrong, saying that he knew from mill
tary experience that it was best tc
avoid a dispute with a man with gun
He said that not war or politics. but bust
ness would determine the rational power
and destiny of the ration. He has
thrown aside his military treatises and
stopped writing war memoirs. n there
were a business college in Munich, he
said, he would enroll
Gen. Ludendorff is not much over so
years old. and ne is full OF energy and
interest In world affairs. Typical of his
thoroughgoing character he has begun
the study of economies at the bottom
and is reading up in law. He has ap-
pealed to every business acquaintance
in order to fathom the mysteries of
foreign exchange.
He has taken definite stand against
Hugo SHINES. During the war the Gen
eral broke into politics against Beth
mann -Holweg to assure for himself 4
free hand In running his part of The war
Dut ne had no ideas on economics, ac-
cepting the advice of SHINES, who
dreamed OF vast world Industrial en-
pire under German control
Stnnes has reduced his program for
the economic domination of Europe. be-
lieving himself better able to weather
the storm than the Government but his
principles have not changed. SHINES
thinks 1t possible for Germany to be-
come bankrupt. but he is sure that
France will fail at the same time.
But Gen. Ludendorff thinks that Stin-
res led him astray during the war. and
is now on the wrong track. Whereas
SHINES sees the realization of his hopes
through forcing an advantageous bar
gain. with Germany dominating the coal.
steel and potash markets. Ludendorff is
convinced that such a plan must fail
because of the military strength Of the
Allies. Therefore he believes that the
only way left for Germany is 10 pay UP
her reparations obligations and drive
the best working bargain possible.