The Holly chieftain., 1923-10-25

hat played 1t In Tourcotng, France. be
| not true Americans-is glad to listen
to the words Of the man who more
than any other Individual won the war
against Germany.
Probably his most significant ad-
dress was that delivered In Chicago.
ITO an audience Of $4,000 the former
premier set forth in plain terms the
British position In the matter Of repa-
rations, arguing that. while his coun-
try was as vitality interested as amy
other In getting from Germany all that
is possible. It believed the way to go
about 1t was TO restore the credit Of
Germany so that she could pay. Frances
method Of seeking to collect by inva.
sion and occupation Of the Ruhr, he
said, means revolution instead Of rep
arations'' and Is driving 60OOO,OOO Of
people into despair" n
Mr.. Lloyd George then, as he had In
other addresses, declared himself
wholly in favor Of the. proposal of Sec
retary Hughes, that commission Of
experts should determine Germany's
capacity to pay. He presumed that
the United States would be represent
ed on such commission. and could
find no reason why France should OBJ
ject to the plan. In this way. he said,
1--WE would find a way to ascertain how
much Germany can pay, and once we
have done that. then we could march
together to compel her to pay"
In conclusion Mr.. Lloyd George
spoke of the day Of the armistice. say
ing:
ut was red dawn. but It was the
dawn Of peace, and our hopes were
high. There is an old oriental saying,
Hast seen the dawn7 Thou hast not
yet seen the dusk The skies are full
| Of menace. Stormclouds are gather
ing over Europe. 1t will need all the
wisdom. all the calm. all the judgment
of the mariners who are guiding the
ship Of civilization TO navigate 1t, or
else 1t will be wrecked. with its inval-
liable cargo Of achievement and hope
| for mankind"
CH AN G ELL OR STRESEMANN,
IN made virtual dictator of Germany
by the passage Of the authorization
act by the reichstag, is pursuing with
determination path beset with pit
falls. His first announcement was Of
a complete reorganization Of the
!, money system. During the first week
Of November a new currency, known
as the rentenmark, will appear. It
will be based on the Reichsbank gold
reserve and tributary mortgages on all
German real property. and at first will
amount to 100 1000, 600 marks, includ-
ing the reserve. Next there will be an
issue of small gold loan certificates to
total Of 100000, 900 gold marks. The
paper mark will remain In the field
for time and there will be no effort
to control Its exchange value. This
seemed quite satisfactory to every one,
but meanwhile the Socialists and Com
munists were busy and the people
| were hungry and without employment.
In Berlin, Leipsig and other places
there were desperate food riots which
the police could quell only with blood
shed. Then the states of Saxony and
Thuringia, where the Communists and
| Socialists are In control, openly defled
Stresemann and the Berlin govern
ment. The dictator's military governor
of Saxony had ordered the dIsband-
.ment of the states protective organi-
cations and the surrender of their
arms. threatening military action
] against them II they did not comply.
Herr Zeigler. Socialist prime minister
of the state, said he would ignore the
order and the Saxon diet sustained
him. Thuringia. which is governed by
| workers" organized much like Rus
Sian soviet, was ordered not to form a
republican guard. Herr Froelich, head
of the Thuringian government, replied
in long and defiant proclamation, de-
claring Stresemann's dictatorship un-
constitutional and asserting the state
would reorganlze Its defensive forces
to carry the fight through to finish
at SaSOny's side. The German cabinet
at once decided to give full powers to
the military commanders In Saxony
and Thuringia to see that the orders
OF the government are carried out.
Bavaria under the dictatorship of
Won Kahr is reasonably quiet. An or
dlnance has been issued ordering the
disbandment of all Red societies and
/ forbidding the dissemination of propa-
ganda of the third internatlonale.
- trial magnates of the Rnhr for
resumption Of deliveries of material in
kind TO the niles on reparations