Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1922-04-06

thing better cOulu De WOrheu OuI W
care for those ex-soldiers or their fam
lilies, who are really in need of more
help than they are now receiving from
the Government, without burdening
the country at this time with very
greatly increased taxes Of one form
or another.
In general, political and financial
influences continue to overshadow
Europe. 1t is interesting to note,
however, that encouraging state
ments, even in regard to Austria and
Poland, have been made recently by
observers arriving in the United
States In both those countries the
disorganization of currency and fl
nance is admittedly acute, but there
is ample evidence of the persistent
and courageous will among the Aus
TRANS and Poles to overcome the han
dicaps under which they suffer and of
their confidence that their efforts VIII
in due time be successful.
Such reports seem to emphasize
the probability that world restora-
ton is even now evolving and will fl
nally be accomplished through the
operation of the cropping but irrepress-
sible forces which lie in the industry,
thrift, and will of the masses of the
people, far more than by any Of the
carefully constructed plans of politi-
cal and financial leaders which have
appeared in so many different forms
since the armistice.
One of the most important and
promising evidences of the growing
recognition OF GhB interdependence OF
European counties is the success of
+ the Porto Rosa Conference of the
/ Danubian States. This Conference
/ was held for the purpose OF aiding
I Austria. However, the conference
went further, since it arranged to al
ter some policies of the new and old
states Of southern central Europe.
Especially was it successful in OBJ
/ tanning the abandonment of eycul-
| sive import and freight car restrict
ions, and in restoring international
( telephone and telegraph communlca-
ton. A further conference was sug-
geSted the lessen the obstacle of the
serious passport regulations and 9TH
er matters which still hamper the full
lest commercial intercourse between
the countries bordering on the Danube
Thus, one by one, the barriers to the
interchange Of goods between the cen
/ trail European states are being slowly
removed and the feeling of hostility,
q natural aftermath of the war, is
giving way to a willingness to coop
crate by peoples who are finding that
a sentiment of mutual confidence is
essential to restore the old channels
of trade.
Belgium
The representatives Of the Guar
anty Trust Company at Brussels re-
ports that conditions in Belgium con-
tinue to improve. He refers espec-
tally to the coal, metallmgical, and
enjoying a favorable outlook for the
future of German competition in GER
tain directions is now somewhat re-
Taxed
There is apprehension in Belgium
France, lest the notifications Of Ger
man indemnity payments, which are
now so seriously suggested, shall he
adverse to her economic interests, as
she has a priority claim upon pay
ments that Germany may take.
France
The year 1921 closed with an nd
verse balance of about 2,000,000,000-
600 francs in the foreign commerce
of France, practically all resulting
from heavy imports during the last
three months. With the exchange sit
uation improving and industries in
general in a stronger position, the
coming Year is regarded hopefully.
The political differences Of France
and Great Britain over the European
economic adjustments which ar" be-
ing discussed are still q source Of dis
trust. Time alone can serve to modify
the natural apprehension of the
French people and bring conviction of
the need for some fexibility in atti-
tude. lest the continental situation
should he thrown into even greater dis
order than now exists.
Canada
The effect of the Emerg oncy Tar
if Act upon our trade with Cunada is
now plainly evident. Purchasing
power in Canada has been reduced
by the restriction Of her American
market. Great reductions took place
in Canadian exports to the United
States in 1921 subsequent to the pas
sage of this tariff legislation, notably
in wheat, wool, butter. milk, and po-
tatoeS. ond a relatively greater de-
creased in exports from the United
States TO Canada.