New-York tribune., 1922-12-22

Senate tomorrow. In view Of the Borah
amendment and the King proposal
there Is certain 70 develop a momen-
toux and probably protracted discus
sion Of the international situation,
economic, financial. naval and military.
With the Administration already en-
gagged in sounding out the European
powers 70 fnd out what can be done
from Washington 70 help untangle Ep-
ropes troubles, the fact the senate y
taking notice 0f the same subject u
Of great Significance. II may serve
70 impc! the Administrator 20 SO fur-
lher into European matters than u no"
seems disposed 70.
Opposition Foreseen
Some Administration icsderf are eS-
reete1 70 oppose che Borah resolution
On the ground that the Executive
should be left 20 act as be secs ~.
Senator Lodge. Republican leader -
understood 20 take the view an eco
-,Arsle conferences is not objectionable,
provided political commitments can oe
<vbidcd. Senator Lodge viii speak IN
.-he senate on the Borah amendment.
Senator Borah q still opposed 20 the
league and to political commitment
sut hc maintains that conference 70
sfyslebten out the world economic tan
-is h much different thing from the
56ea underlying the league. Senator
King. on the other hand. IL avowedly
for entrance BY this nation into the
leaeuc. In some quarters, the qne,-
,tion was asked whether Senator bofah
las coming around 20 favor the league
IN the league with notifications
The text Of Senator Borah's reso-
luton follows:
THAT the President Is authorized
and requested 90 invite such govern
ments as nc may deem necessary or
Axpcdient 20 send representatives 70
a Conference which shall be charged
With the duty Of considering tne
economic problems nov. obtaining
throughout the world with view ol
arriving ~ such understanolngs or
arrangements ss may seem essennei
- ,be restoration OF trade and TO
the establishment Of sound financial
and business conditions, and also 10
consider the subject Of further hmi.
.stion Of armaments with view OF
yearhing an understanding or agree
p,cnt upon said matter both by land
ard nv sea. and particularly reia.
Hve 40 limiting the construction OF
IN tvbes and sizes Of sub-svrfsee and
syrfsee craft. Of 10000 tons standard
displacement or lees, and OF ar
senator BorAh made this statement;
1--WE are travelling in a vicious eircie.
We enacted an emergency and aiso
psrmanent tariff bill. Nevertheless
he eTy OF distress from the producers
of the country Is even more pi'eT1uus
than az any time since the war. IN. ne
farmer can find no markets apIoso Aoi
his surplus products, and Witho9t
market for his surplus products " h
impossible for him 20 realize the Nsiu'
Of that which he produces
Pind Markets, Says Borah
aWe now propose 20 enact q ship SUP
adv hill. but there are no eargoes
10 carry and no markets 70 supply. IL
a.. should give our millions in the way
81 subsidies Il would not open single
market nor supply q single cargo.
These things are not produced ~ SUD
.idies There arc millions OF shipping
tonnaee living idle now waiting 70 carry
tbe esrgoes which do not appear. Mar
vets are opened and cargoes are pro.
Spced bv men going back 20 Work ana
,ettiing down 20 business, not by I'M
posing moro taxes In the way OF sub
sidiss. -.
1--WE had a disarmament conferences
. GEAR ago. We are now advised By
Committee report Of the other house
hat unless these agreements hereto
fore made are extended competition IN
naval nrmamsnts will be on again IN
tbs direction 20 which the Washington
conferences agreements do rot extend.
Tha COMMITTEES further says that " ~
IA allowed 10 20 on unchecked THIS
,,overnmsnt must be constrained 20
Isunehing new program 70 Nee2
abreast Of other powers Ibere eoalo
not he anything more destructive OF
All hope Of recovery In economic ansirs
than a reopsning Of q competitive race
IN armaments.
"No business man, or any one sise
who has reflected upon the situation,
dares 10 look over the next year II the
next year is 70 be similar 70 the year
which is Just passing. IL seems 70 me
that there ought 10 be heroic enort
made. not only 70 stop this threatened
naval race, but also to deal with eco.
nomie conditions. The question OF
reparations IS the key 70 the Euro
psan situation. II that cannot be ao-
justed nothing can be adjusted lt
nav be possible In conference OF
this kind 20 break the deadlock on that
subjeet. II there is better program
anywhere around should be glad 70
waive this suggestion