New-York tribune., 1922-08-12
Kahn Advises
Liberality to
Allied Debtors
Relinquish No Claims, but
Use Portion to Restore
Stable Condition Abroad,
Says Banker on Return
Europe Must Be a Buyer
Ceddes and DIR. SEC Also on
Maureial,ia, Which Makes
Postwar Record Voyage

I'VE should deal in q laree-visioned
and liberal manner with the debts due
us from the Allied nations" said Otto
IL. Kahn, the fnancer, on his return
from Europe yesterday on the Maure-
tania. I'VE might begin, it seems to
me, by discriminating between the ad-
vanccs made by Us for direct war-mak-
ing purposes and, on the other hand
those used otherwise during the war;
and those made after the armistice.
II would utilize at least the first por-
tion of those debts to aid in bringing
about that change of attitude and con-
ditions in Europe, which is indispcn-
sable if the world is to be again on an
even keel. ! would not relinquish any
OF our claims as free gift, but only
In return for measures leading to the
elimination, as far as possible, or at
least the prompt and essential mitiga-
ton, of the circumstances and condi-
tlons which keep Europe in a state of
turmoil"
Sees Profit to America
Such bargain, added Mr. Kahn.
would be a GOOD and profitable in
vestment,. and would not only result
in securing a valuable moral asset
for America, but would be of distinct
material benefit to us, since, he said,
the purchasing power of the European
market is indispensable to the prosper
ity of our farmers, though it may not
be SO to our manufacturers for GER
tain length of time.
commenting upon the operation of
the peace treaties in Europe, Mr.. Kahn
declared that mo more short-sighted
and destructive settlement was ever
nt1lrfaf
of view alike of friend and foe," than
the agreements made with Germany,
Austria, Turkey, Hungary and Bulgaria,
which, he asserted, deviate from the
solemn declarations repeatedly made
during the World War by the Allied
spokesmen, do not conform to the
plighted faith of the armistice terms
and are calculatedly mean in their
details.
The British Ambassador to the Unit
ed States, > Sir Auckland Geddes. re-
turned from FIVE weeks vacation in
England and Scotland aboard the
Mauretania, together with Lady Geddes
and their, son Ross. Sir Auckland was
reticent about diplomatic matters
When told that the newspapers had
carried cable dispatches saying that
ne had had a conference with Llovd
George before sailing, he replied: II
saw tnaC IN the newspapers, too"
The Ambassador said the ratification
of the disarmament treaties. which
wa recently signed by King George
and is now on its way to Washington.
would be presented to Secretary of
State Hughes at a formal function.
The Geddes party departed for Wash
lngton On the first train.
Chinese Minister Brings Children
Sao-Ke Alfred SEE, Chinese Minister
to this country. was also on the Maure-
tania. He has been for six weeks in
England and Germany. He brought
here for the first time two sons and a
oaughtera who have been educated in
England. ~. -
Also on board and travelling incop-
n1to was the Princess of Braganza, for
meriy Miss Anita Stewart, of New
York, widow Of the heir to the Portu-
guese throne, if the monarchy shoIA
be re-established. Her visit was caused
by the illness OF her mother, Mrs. Jean
Saint Cyr.
The Maretania made the fastest trip
on record since before the war, ac-
complishing the run between Cherbouax
and Ambrose Channel in five days, nine
hours and twenty minutes.