The New York herald., 1922-11-25

Chancellor William Cuno went be-
fore the Reichstag this afternoon and
in a matter of fact speech lasting
three-quartcrs of an hour, told the
representatives OF the republic they
might count upon him to carry out
the policy laid down in the Wirth
Cabinets proposal of November13 for
the sterilization of the mark by four
years moratorium on reparations, and
a foreign loan partly supported by the
Reichsbank's gold and domestic re-
forms.
Neither the oratory of the new Cabi-
met chieftain nor the substance of his
utterances, the nature of which was a
foregone conclusion, inspired great en-
thusasm. In the debate that followed
and which will be continued and prob
ably concluded tomorrow, the central
and ultranationalst groups took a
noncommittal position.
While the Socialist spokesman de-
nounced the Cuno Cabinet as an instru-
ment of capitalism and insisted that
Hugo SHINES was its leading spirit
he intimated that his party would give
it a chance to apply the principles OF
the ''stablization program which the
Socialists approved before it was sent
to the Reparations Commission.
Expect Vote of Confidence.
The prevailing opinion is that Chan
cellor Cuno Will get vote of confidence
framed. however in none too confident
phrases. at the close of debate to-mor-
row evening. The Chancellor referred
only once to America, when he remarked
insisting upon the purely economic
character of the reparations question
II believe particularly that in the United
states without whose support a solution
seems to be unimaginable, the handling
of the problem from the standpoint OF
world economics win fnd understand.
ing"
This brought yels such az Tool OF
American capitalists :" and "Profiteer! -
from the Communists. to which the
Popuists retored. Business with Amer
lea is very welcome" The danger OF
hostile demonstrations by the Reds as
sembed here for the factory councils
congress led to large force of police
being stationed about the Reichstag, but
no trouble ensued.
Inside the great brown and gold au-
ditorium. its walls still adorned with
massively carved and brightly colored
coats of arms Of the kingdoms and prin-
cipalities that formed the German en-
pire. was crowded from floor TO topmost
gallery. In the diplomatic tribune sat
u
Houghton. who was among the earliest
arrivals. With the tinkle OF the Presi-
dents bell calling the session TO order
the Deputies relapsed into abrupt silence.
4 moment later Chancellor Cuno manu-
script in hand, rose from his place at
the end of the long row of Cabinet Min
listers and began reading the program
OF his administration. simultaneously
Communist at the extreme lef,
shouted. stiffness overseer !" but the
new Chancellor gave the interruption nc
attention whatever.
In quiet voice he continued his read
ing. Tall, spare, with clean cut features
gray hair and horn trimmed spectacles.
this ers;while functionary OF the Kaiser
become one OF the fatherland's foremost
captains OF industry and the head oi
its republican Government, resembled
in manner and speech a successful
American business man. He might have
been the chief executive of some great
corporation addressing a meeting OF
stockholders. But from the outset he
made H. clear that the corporation man.
agement which he had undertaken-the
German Republc--was In very bad
way. Work, not talk" must be the
Cabinets watchword. he exclaimed, ano
elected The first ripple of vocal applause
stresses Need of Work.
Again and again in the phrases that
followed the word "arbeit"-worl-
sprang from the Chencellor's lips. lie
regretted his inability TO obtain the col.
laboratlon of all the parliamentary
parties in his Cabinet. particularly thai
of the biggest faction" meaning the
Socialists, but he intimated that h,
would try to get along without II. Their
he plunged into picture OF Germany
to-day.
OF the republics obligations under
the Treaty OF Versailles. he said III
Is not Germany that says she will no
pay what Is asked. but her debtors and
the experts in worid economies. who de
clare that she cannot pay. The swort
OF uncertainty hangs menacingly ovei
Germany" Later on he observed: at
the nature Of economic law Germany
| economic situation cannot remain at M
present level. but must sink still further
! II Is true our Industries are working
that everywhere the will to work ha.
increased. and that some people ar
celebrating, nevertheless industry l.
sinking"
Touching upon the question OF wa
! guilt. Chancellor Cuno declared tina
world history would not Judge upon th'
basis OF any written words. by which III
implied the Versailles treaty. but in thu
next breath he admitted Germany's obli
cation to make reparation where pos
| sible particularly In northern France.
First bread, then reparation' mus
| be. he said. the Governments motto. !
was here he referred TO the posslbilt!
OF enlightened aid from abroad, pa-ti IA
larly the United States. Analyzing tn
late Cabinets note on the stabillzatioi
OF the mark. by which his Cabinet fei
| itself bound, the Chancellor aroused hos
tile outcries from the Left by proclaim
ing the economic necessity of extendint
1.-THE working day beyond the eight hour
fixed by law. under certain circum
| stances.
President Loebe had TO call the Com
munists to order before Cuno could pro
cced. Appealing strongly for nationa
unity, the Chancellor quoted declara
tion made by Foreign Minister Waite
Rathcnau two days before bis assesslna