The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-10-17
Of all the spirits this the world deceit
is the most dangerous


Truly America nothing if not magnificent Germany
While country in the world carrying more
than 100000 of worthless marks the United States is
proud German paper currency to the extent Of
marks bought at average price Of $12 per
thousand Today German marks selling at 70 cents thou
sand.
Translated into currency America has invested
money the armsce and the invest
ent today worth only $5600O00O The loss therefore rests at
1904 900 strong possibility that it will increase
Disclosures show that America has given to Germany since
the the than twice the amount of gold the Ger
has paid ndemnites to the entire
bination of the Allies up to date.
greed and the desire something for nothing has
the country dangerous paths Is Germany smooth and
gube that after costly lesson she can
still slip Indirectly the whole nation will suffer
from the Saurnaa of speculation that has led down the lane OF
folly.
When the armstice signed four the German
worth The German then proceeded
print and marks paper bogus money purely in guam
titles which have to be expressed in figures like the
spacing planets miles Billions upon billions sold the
gube world world unable to believe civilized nation
would engage deliberately counterfetng that it
assassnate liner People have bought German
marks they sailed the Lustana trusting the Germans to
keep unwren laws which make civilization at all possible
She cheats friend as well as foe.
The effect of this buying to put at the disposal of Ger
many gold varouy estimated between and two billions of
gold to finance German imports of food and
lin exchange imported goods
that the swinde be carried further when it
drops puncured Zeppelin the world deafened with the
propaganda that Germany cannot She must
She must let off.
ance indemnity How By canceng the debts
owing to States treasury by Great Britain France
al they will have collect what Germany owes them
The slate Europe will be saved The Germans will
be strong people again
An investigation by the New York World showed that the
buyers than the country districts and that
while mark purchasers from all nationales more than
PER of German blood In Milwaukee, the World cor
reports praccay all the local wealthy
descent have large holdings of marks at the
present time.
The Uihlein family the Schz brewery heirs said to
bought than million dollars in marks in 1920 1871
1922
broker roughly estimates Miwaukees marks holdings
double those of St Louis and Cincinnati combined
alone is estimated to have invested S2OOOOOO
lin German marks little present from German Americans
foe Up in the Northwest the German IAN
guage citizens who The heaviest buyers
And american citizens paying Germanys bills
knowingly unknowngy matters not being and parcel OF
cunning conspiracy Germany from paying These are
American citizens send LaFoete back to the Senate
of his Germany has been patient with US
policy great cities industrial centers which gather and
hold the large majority of foreign population have been
backing Germany comeback she had convinced the
world that she could pay Germany pay but America
pays the courtesy the gratitude and the
greed citizens Verify Germany lost nothing
but the