Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1923-10-25

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 adj
dress was that delivered in Chicago.
To an audience of 1900 the former
premier set fgth in plain terms the
British position in the matter of repa-
rations, arguing that, while his coun-
try was as vitality interested as any
other in getting from Germany all that
is possible, it believed the way to go
about it was to restore the credit of
Germany SO that she could pay. Frances
method of seeking to collect by inya-
sion and occupation of the Ruhr, he
said, means revolution instead of rep
arations' and is driving 60,000000 of
people into despair
Mr.. Lloyd George then, as he had in
other addresses, declared himself
wholly in favor of the proposal of Sec
rotary Hughes, that a commission of
experts should determine Germany's
capacity to pay. He presumed that
the United States would be represent
ed on such a commission, and could
find no reason why France should OBJ
ject to the PLAN In this way, he said,
tive 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:
1T was red dawn, but it was the
dawn of peace, and our hopes We're
high. There is an old oriental saying,
Hast seen the dawn? Thou hast not
yet seen the dusk The skies are full
of menace. Stormelouds are gather
ing over Europe. It will need all the
wisdom, all the calm, all the Judgment
Of the mariners who are guiding the
ship of civilization to navigate it, or
else 1t will be wrecked, with its inval-
liable cargo of achievement and hope
for mankind"
CHA NCELLOR STRESEMANN,
by the passage of the authorization
act by the reichstag, is pursuing with
determination a path beset with pit
falls. His first announcement was Of
complete reorganization of the
money system. During the first week
of November a new currency, known
as the rentenmark, will appear. 1t
will be based on the Reichsbank gold
reserve and tributary mortgages on all
German real property, and at first will
amount to 1,200000,000 marks, includ-
ing the reserve. Next there will be an
issue of small gold loan certificates to
a total of 200,000,000 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 defied
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 if 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 I'M
constitutional and asserting the state
would reorganize its defensive forces
to carry the fight through to finish
at Saxony'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
! dinance has been issued ordering the
disarmament of all Red societies and
forbidding the dissemination of propa-
ganda of the third internationale.
DEALS between France and indus
- trial magnates of the Ruhr for
resumption of deliveries of material in