Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1924-08-12

N1GIlllatlS arc ihOiA~, - - 4-~I
get together on the Dawes plan
for the solution of the repara-
tons tangle that has kept Eu-
rope in a turmoil since the sign
ing of the Versailles treaty.
In a few words, the Dawes
plan is explained as follows by
the Baltimore Sun:
The essential thing in the
much-discussed but little under
stood "Daws plan" for the solu-
ton of the reparation tangle is
the proposal to float loan of
S200,000,000 for the benft Of
German. Indeed, as we have
pointed out many times, no So
luton Of the reparations ques-
ton question is possible without
such a loan. And, in the very
nature of things, that loan must
come largely from investors in
the United States.
The nations have agreed, per-
force, that the rights of the in
vestors in that loan shall take
precedence over all other rights,
including that of France for rep
arations payments. Under no 9TH
er TRIMS, obviously, could the
bankers participate and under no
other terms could they expect in
dividual investors to put their
money in it.
The question remaining to be
decided-and it must be decided
by the bankers is whether the
guarantees Forthcoming from
Germany and the recessions made
by France are of sufficient
strength to guarantee repayment
of the loan.
That is the decision which may
be expected at any hour. The
general opinions seems to be that
the bankers will agree that the
loan as it stands is feasible
proposition.
Accordingly, there is a likeli-
hood that the investors of the
United States may be given the
opportunity in very short order
to decide whether they are will
ing to risk their funds in a bond
issue which will provide for the
rehabilitation of Germany and
be at the same time a safe and
profitable medium for surplus
funds.
Every indication is that this
plan, mapped out by two Ameri-
can business men, will be adopt
ed by the countries affected,
and that at no far distant date.
Once Europe gets down tc
actually paying off her wal
debts, prosperity will again be
seen-not only for Europe but
for America, too.
Many American hnanciers are
predicting several prosperous
years following the European
PREPARATIONS settlement. Baruch
has gone so far as to predict
that these years to follow will
be the most prosperous we have
ever seen.
Europe needs our cotton, oul
machinery, our wheat and corn
and pork-in fact there is but
few things she does not need.
With American furnishing the
gold, America will also be able
to say where the gold is to be
spent.
Arthur Brisbane, the highest
priced newspaper writer in the
country and considered the
ablest exponent of men and af-
fairs of national Importance sees
bright hopes inAall lines of com
mercial activities for this fall. In
discussing the situation, he says;
''No matter how it may affect
US in the long run, the cash dis
tribution, accompanied, probably,
by new flood of crisp new Fed
eral Reserve bills, will start up
a prosperity boom with US. Ba-
ruch says it win be such a boom
as to make the war prosperity
look small. The things that Eu-
rope buys from as in this boom
will be used to build up. The
material bought In the war were
used by Europeans to blow each
other to pieces.
Prepare for good times with
business booming, work plenty
wages high. There is no know
ing how high the wages win 90
with immigration shut out and
Europe's population looking to us
for supplies"