Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1924-10-25
DAWES PLAN HAS
SAVED EUROPE, SAYS
SIR ES|NE HOWARD

NEW YORK, Oct. 22.-A1though
the Dawes reparation plan has been
IN operation but short time there is
more hope, more good will more
charity in Europe than there has
been for ten years, at least, if not
almost from time immemorial," Sir
Esme Howard, British ambassador
to the United States, declared in an
address here today at a luncheon Of
the New York Board of Trade and
transportation.
Speaking on the general subject Of
economies in international politics
and international trade as a factot
for peace, the ambassador also re-
ferred to past activities of certain
concession hunts and company pro-
motors in world fields which some
times have threatened the peace of
the world. He declared that there
is "only one way to eliminate this
possible danger to peace and good
will, and that is by the strict appli
cation of the American doctrine Of
the open door,"
IF there is one thing we have
learned during the last few years,
he said, lit is the necessity of rec0g-
nizing the value of economies in in
tcrnational politics. Nothing has
L believe. ever so brought this
homo to the world as the struggle
over the Dawes reparations scheme
which brought the whole question
out'of the murky atmosphere of SEN
timent and politics down onto the
bedrock of hard economic fact and
proved to those interested that it is,
when you come to dealing in sums
for PREPARATIONS, almost as difficult
to receive them without upsetting
the economic apple cart as to pay
them.
Surfeit May Prove Indigestible
even now there are many who
believe that the payment Of the sums
fixed by the Dawes plan may pro-
duce economic commissions in the
creditor countries. That is a point
of view which even the greatest
financiers at the Paris conference
barely limited at; but now the doctors
are agreed that a surfeit of gold or
goods may prove as indigestible to a
nation as a surfeit of mince pies at
Christmas to q Schoolboy
There is not one of us, venture
to say, who did not wish from his
whole heart that France might be
completely and fully Unidentified for
the great losses she suffered in the
war, even though we might not agree
exactly as to the methods. Now we
have had the best financial doctors
in council and they have prescribed
a remedy; and the different patients
have had the good sense to try the
cure prescribed.
ALREADY the effects of this are
visible, although the plan actually
has been in operation only few
days There is, [ venture to say,
more hope, more good will and more
charity in Europe than there has
been for ten years at least. am,
[ fear, a natural optimist, but when
1 read the speeches of the various
statesmen at the opening of the fifth
assembly Of the League Of Nations
l could not help feeling that even
those who might disagree with some
of the things they said must be
convinced that they, one and all,
are inspired with a genuine, heart
felt desire to establish a reign Of
peace on earth, and were not pay
ing mere lip service to the cause
of peace.
'In my opinion, the statesmen of
Europe have shown by their public
utterances that they are more ear
nest and truly determined than ever
before to lay the foundation of an
enduring peace among nations.
"Peace-lasting, enduring, is the
greatest objective of any statesman
today. War-modern War-can be
only destructive and ruinous in an
eVer-increasing degree. 1t is your
business-you who are interested in
world commerce and affairs-to see
to it that your business is not such.
as to endanger peace and good VIII
among nations.
Quotes Coolidge
IT should like to quote some words
of the president of the United States
in recent speech. He said:
1T is no part Of public policy,
as the American people now con-
ceive it, to tear down legitimate and
useful business. But it is their firm
determination that business forms
and methods shall be subordinated
to the public interest
But if business forms and meth
DDS shall be subordinated to the pub
lie interest at home, how much more
important is it that they should be
so subOrdinated abroad, where the
clash of competition may easily pro-
duce i'll will and complications with
other countries, and so endanger
that will to peace which we are all
agreed should be the principal aim
Of all.
Before the war, governments Of
many countries were, in my humble
opinion, far too much inclined to
push with all the strength they could
the interests IN foreign countries CT
ncession-hunters and company pro-
moters of their own nationality. 1t
may be said that this was one OF
the principal causes of the late
war.
Certain concession-hunters have