The Washington times., 1924-01-08
FRAU SCHRE|BER
AIRS GERMAN
WOES
Welcomes Dawes Inquiry, She
Tells Popular Government
League Lunch Guests.
BY International News Service.
The interallied Investigation

by INTERNATIONAL NeWH SeEyICe.
The interallied investigation of
r. $500 F''o"~"es IN he participated
IN by American experts. will find
,.>.--..... bankrupt, her money
worthless. her industries wrecked
and the nation PROSTATE from pay
ments of French indemnities.
This was the prediction today Of
Frau Adele Schrieber, woman men,
Der of the German Reichstag. speak.
ing here from the National Popular
Government League. at the New
Ebbitt Hotel.
/ Dawes Inquiry Welcome.
Frau Schneider told an audience
which included Senators. Congress
men and Government officials. that
Germany was broken nation
driven to her knees by French
ruthlessness." She admitted the
Dawes commission which meets in
Paris Monday to start an inquiry
into Germany's capacity to pay rep
arations, would discover German
gold hidden in foreign banks.
She estimated the amount at
from three to four billion gold
marks, but declared it was used
as a credit balance and was not
enough to keep German industry
alive" She said the Germn peo-
pie welcomed the Dawes inquiry.
Germany wants the amount of
operations fixed, Frau Schrelher
said. 1.-THE disastrous consequences
Of having 1t an uncertain matter
have long been evident. General
Dawes will find a small class Of
men in Germany whom we caII
'Schiebers.' They are profiteers
and spectators whose operations
correspond in one respect to your
bootleggers. l might call them in.
verted bootleggers, because they
violate the very strict laws against
smuggling money out Of Germany,
where your bootleggers smuggle
vhiskey in. You can judge by your
own experience with bootleggers Of
our difficulty in enforcing the
law.
A drop i'm the Bucket"
"Yet the amount gotten out is not
large enouOh to justify the fuss
made about it."
Frau Schneider declared the Amer
can Institute of Economics, with
headquarters in Washington, had es.
.imated German deposits in foreign
,anks at from three to four million
gold marks. She agreed with the
sum but termed it drop in the
bucket compared to the 1872 billion
gold marks demanded by Poincare. /"
IF my government by q capital
levy could seize all this money. il
would pay only one-t"~tieth Of the
total demanded" she added. This
illustrates the insinceritv of the &C.
cusation that we send money out Of
the country to avoid payment Of
separations.
ITO confiscate this credit balance,
IN impossible thing, would NEAR
that our whole industrial life would
stop, not a wheel would turn, Ger.
many would sink in chaos and
drag France and all Europe with
her. America and England already
have lost their greatest customer
w the bankruptcy Of Germany, be.
cause we have no money to buy
YOUR wheat and cotton and the
many things we would be glad to
buy. A financial panic involving
all Europe. you can see, would pro.
foundly affect the United States"
Republic to Stand.
In conclusion, Frau Schneider de.
clared 80 per cent of the German
people were opposed to restoration
Of a monarchy. She predicted the
Ia ser would never come back"
"Our people are glad to be rid OF
Kaiserism." she said, land they
will gladly join the progressive
people of the world in ma'ntaining
neace AGAINST the Vaccinations of
the Junkers and militarists Of all
nations"