San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-25
lays Country Faces Ruin
Because Of Mistakes
Made by Berlin.
USE OLD PROPAGANDA
Jew Reparations Sugges-
lion If Accepted May
Solve Situation.
By MAMMALIAN HARDEN.

by The san Antonio Light.
Berlin, March 24.-Germany faces
|uin because of the mistakes being
f,ade In Berlin. Yet nobody dares
|ay this because it would be accepted
LSssshueach of "unity" and he who
Uttered the truth would be visited
nth death. ,|
The same propaganda which ruined
lie country in 1917 and 1918 is being
sed. Then it was declared that the
German people were angels, the OPP
|onents 1egions of devils and that a
|nited front could spell ultimate VIC
|ory.
I While German delegates were
Iegotiating for armistice terms great
fosters throughout the country pro-
|laimed victory was near "even on
lac Western front" Now 1t is sup
kosed that republican democracy has
|splaced imperialism, but the same
|Iergt who prophesied that Pershings
[.oops never could cross the Atlantic
because Of the submarine barrier, is
he leader today who is closest in
Euno's cabinet.
ANY pcople which does not learn
lac facts facing them because they
Ire told they are unfavorable to the
Iavcrnment and a democracy remain
h autocracy. If Germany loses the
Guhr fight she will be obliged to make
he same terms which were hers be-
pre- the quarrel, but the old official
Imperial spirit remains in control
nd 10 treading the same evil road
Fhich Ludendorff passed over.
Cost Is Mounting High.
In fact the situation today Is
Eorse. Despite the fact that the
ote issues this year have been so
normous the budget shows a deficit
more than 7,0O0,000,000 marks.
:ut nobody knows what the occupa-
lon Of the Ruhr, with the difficult
les to industry through the compul.
pry closing down Of public service
brporations and the purchase of for
ign coal will total. Merchants are
1T In their most vital spot but still
he obliged to pay their workers ac-
brding to their index figures, even
aough, ss is the case in many fu-
tances, they only labor thirty hours
eekly.
The government has tried to hold
10 the value of the mark, but this
lss been impossible because the fact
~ 6ne hundred billions in notes is
rinted daily, makes sterilization out
the question. Prohibition Of loans
d foreign currency has crippled many
lerchants who have had to deliver
ollars they held as security for
ages and working capital. Mean
hils, the artificial rise of the mark
las driven German prices up and
ILL further complicated the outlook.
This naturally has had its effect
a the internal gold loan which the
pvernment has been endeavoring to
oat. So Tar subscriptions seem to
ave come mostly from the great in
ustrial interests. The public holds
loot because of the great uncertainty
nat the terms Of the loan, which
Ill for payment in gold in 1926, will
met. The general public has SO
auch 'reupdiated paper promises to
az on its hands from previous gov
mments that it is shy at assuming
Their obligations Of an uncertain
haracter.
U. S. Hopes Blasted.
Ono hears that some Of the great
anks have been unable to find any
nstomers ready to invest. The hope
nat the people of the United States
Tould step into the breach and accept
tom seven to eight billion dollars
Forth of the latest securities has
roved fallacious.
As Q last resort, the government
o~ is publishing a new reparations
Ian based on the mortgaging of the
always and the agricultural indus
ny and the offering of guarantees
gainst future German attacks by the
Capitalization Of certain zones.
Should France refuse this latest
Fer, it is believed here she will place
erself in a wrongful position before
be entire world. The German people
Fill endorse the government in this
atest plan If it is in earnest in sug-
esting 1t. Meanwhile on this Palm
unday, anniversary Of the triumphal
ntry into Jerusalem, there Is afforded
<7UnN1 opportunity for the nations
Al -.