The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1922-09-01
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wmth, as saying to him O few day
ago Boo Berlin
Unless the United States inter
csts herself In European affairs
within very short time, all in
Germany is lost and an in Central
Europe as we'll
Mr.. COxs statement follows;
THE storm center Of the ecOno-
mic world is Central Europe. Those
who have visited Austria and Ger
many are of the opinion as 10 the
state of things now and the tragic
point 10 which both countries are
drifting. Austria has reached
stage Of almost complete dissolu-
ton.
"The nations Of Europe are dead
locked on the reparatiOns question.
There seems 20 be no relief on this
side of the Atlantic The master
key IS held by the United States. 10
decision by England seems likely
to be- accepted by the French The
French government viii not sanctlqp
appeal from Germany which might
approximate "a rcadiustment Of the
figures uow BOO the minds of the
French etGfcsmcu, because Chat cir-
clmHauecs might be regarded hy
tlc public opinion of France as
surrender 20 Germany.
There is r0 respite and cFety
hour s fr0ught with danger. II is
uoll to summarize the contentious
nf both France and Germany
"SInce the end 90 the war France
has sold Approximately $4,000, 0Oo,-
600 worth 1f bonds to her own peo-
pIr upon the reparati0ns by which
ho would have been reimbursed ny
Germany in compliance with fhe
terms of Che peace treaty. Germany
sav he Lost % fourth ri her grain
land aud ultog Cher onc-tenth Of
her territory She issued about
s25. 100000. 600 worth III bonds dur
.rg .hc war and q deficit of So
600. 900 GOO remains as a floating
debt Tho fiscal state of both coun-
tries without economic siahAzafi1n
portends blt one result
France Protects Herself
In the midst of this situation two
false impressions obtain In Europe
First that France is progressively
militaristic; and second that Ger
many IS making munitions and pre-
unring for war. The military policy
~ France is based upon the desire
to protect herself against invasion.
With assurance on this point she
will reduce her army.
The government of Germany de-
rires peace. The leaders are pro-
gressively democratic and the story
Of hidden arms, with the exception
OF unimportant sporadic community
instances. is pure fiction. Germany
has 10000. 600 more people than she
can sustain except under high in
dustrial stress When the mark was
100 o. 200 20 the dollar there were
certain trade advantages accruing
20 Germany bat in the present cir
eumstances the banks ~ Germany
cannot finance the industries 81
Chat country in the purchase 81 raw
products and foodstufs
UNLESS relief Is granted shops
will soon be- closed, millions viii be
out ~ employment and the winter
viii bring the threat II not the GER
/ fainty 0f starvation
with economic collapse the gov
eminent win 60 down too. II Ger
many fails France is without REIN
bursement and cannot sustain the
loss involved without serious con-
sequences.
u. 5. Must Help.
"Wthin the last week ! had a
long interview with Chancellor
With In Berlin He summarized
the situation by saying with deep
est emotion.
"Unlcss the United States inter.
cstg herself in European affair
within very short time. all ir
\ Germany is lost. and all in Central
Europc as we'll
Recognizing that this statement
broke the fetter OF diplomatic usage
in France. authority 20 repeat ir