Bisbee daily review., 1922-12-31
OLD WORLD IN MISERY 5 YEARS
AFTER ARMISTICE; ALL NATIONS
SUFFERING FINANCIAL TROUBLES

farms and the factories beyond their
means, the country is troubled by
the immigration laws of the United
/ States. Development is hampered
by the depreciation of the Ira with
( its consequent difficulty to buy raw
materials for the factories, and by
the huge debt in which the war in
volved her
Belgium-Like France, she badly
needs the PREPARATIONS from Germany.
| Her currency remains DEPRECATED.
Her industry suffers from the gen.
eral business depression in Europe
Internally she suffers from the con-
test between the French-speaking
Wallons and the F'lemish-speaking
Flemings, which was accelerated by
German propagandists during the
war.
Portugal-Hoplessly in debt, with
no chance for betterment in sight,
owing to the frequent revolutions
which have overturned one govern
ment after another.
Spain-Has a deficit of over one
all over the country owing to the
popular opposition to the Spanish
war in Morocco. Catalonia, of which
the great industrial city of Barcelona
is the metropolis, is causing further
unrdest by her constant demand for
complete autonomy, if not indepen-
dence.
Rolland-TroubIed with high taxes
and unfortunate speculations in the
German mark
MISUNDERSTANDING from paral-
ysis in her two greatest industries
watch and cloackmaking and hotel
keeping. The high rate of the Swiss
money has kept many travellers
away.
JuuosLavit- Menaced by external
and internal troubles. Inside, the
Croats are bitter opponents of domino
ton by Belgrade. Externally, there
is the constant danger of friction
with Italy over Adriatic ports and
with Hungary over the territory CIV
en- old Serbia by the peace treaties.
.PoIand-Her credit is so bad that
her currency ranks at the bottom with
those of Austria and Russia. She is
compelled to be constantly on the qui
vive because sooner or later she fears
wars on two borders-the Germans
fighting to take back Upper Silesia
and the Russians fighting to take
back the territory lost little over a
year ago.
CzechosloVakia-In itself a healthy
state. but disturbed by the presence
of 100000 Germans who long for
union with Germany. Has great in
dustrial and agricultural possibilities
but is suffering from business depres-
sion, owing to the fact that its cur
rency is so much more valuable than
that of possible customers.
alphabetically ruined, her money |
worth nothing and herself a mendi- |
cant, waiting to receive aims from
the allies through the medium of the |!
League of Nations.
Hungary Seetling with internal
discontents, owing to the white Ter
ror' of the monarchists having re-
placed the RED Terror" of the Boil |
sheviks. Seething also with hatred, /
the proud Magyars are merely await /
ing their chance to fight Rumania for !
the return Of the territory west of the |
Pennsylvania mountains, and Jugosla- !
via for the great wheat plains which /
were once the bread basket of the old |
Austro-H Hungarian empire.
Bulgaria Surrounded by hostile |
states, faced by reparation demands |
in the peace treaties with which she |
has not yet complied. and determined |
even by force of arms some day to !
reconquer path to the sea, of which /
she was deprived by the allies.
finances, aggravated by necessity of /
keeping an army ready to cope with /
Rumania- Troubled with crippled !
Hungary on one side or with Russia !
on the other, if the latter attempts to !
take back Bessarabia.
Greece-With finances ruined and I!
territory lost in her smashing defeat /
in Asia Minor. she is torn by revolu. |
ton.
Turkey Although victorious over
the Greeks and a menace to all her