Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-08-04
SAYS FRANCE TO USE
DAWES PLAN MONEY
/ FOR RECONSTRUCTION

Williamstown, Mass. Aug. 3-(AP)
France hopes to divert part of the
Dawes plan reparations from Ger
many to her work Of reconstruction
If We do not have to turn over to
our friends the whole of the moneys
we get out of it." Robert Mason,
prominent French banker and virtual
head of the Credit Lyonnais in Paris,
said in lecture on the peace prob
blems of France" at the Institute of
Politics tonight. The reconstruction
could be completed in five vars, he
added, by using all of the Dawes
plan proceeds for that purpose.
Mason reviewed the French war
losses and the reparations she has so
far received, and placed the money
still needed for material reconstruc-
ton at 81 900, 100000. Taxes would be
/ inadequate to supply that sum, and
both internal and foreign borrowing
were inadvisable. Hope lay in the
! Dawes plan, and America had a GER
tain moral responsibility to see that 1t
| be carried out.
The post war problem of France
was being constantly lost sight of
abroad and the financing of repara-
tons had been attended by serious
consequences for the exchange and
the budget and by substantial in
crease in the public debt.
| A lively tilt over Rumania's treat
ment of the Hungarian minority in
| Pennsylvania marked the round table
conference on European problems.
DR.. Louis c. Cornish. vice president
| 80 Try,ito y.ion AccnCiq
ton, who had headed two missions to
that country from the United States
and Andrea Popovice of the Ruman-
ian legation In Washington were the
protagonists.
DR.. Cornish declared that by mill
itary regime the suppression OF as
sembly, the closing of schools and
universities and the confiscation OF
church and school endowment
lands" the Rumanian officials weer
causing "diabolical misery to the
| minority" Mr.. Popovice held that
| though the abuses existed they were
learned from the Hungarians, and
ruled in Pennsylvania before the war.
Until the Hungarians were willing
| to be loyal Rumanian subjects, ne
| said, 1--WE can't do anything Tor
Them" The government was trying
to remedy conditions, but 1t would
take about fifty years to wipe out the
effects Of Hungarian misrule.
Felix Valyi, editor of the Revue
Politioue Internationale, charged the
! Rumanian officials with gross cor
| ruption.
The United States cannot continue
TO furnish sixty percent of the
worlds oil demand, Professor Il.
7 eth of the University Of Wisconsin
said at the round table conference on
mineral resources as world FACTOR.
1--WE must rely on other sources IN
| the face Of the growing demand,
| professor Leith said "The British
Empire is rich in oil deposits ana
some Englishmen say she Will even
tually nav the United States her war
deht from these resources. The de-
mand for petroleum will continue
| steadily and we must face this 1act.
At the round table on international
Justice. Professor Jesse S. Reeves o,
the University of Michigan oppose"
! statements attributed at Y. ,. Sena
tor Boroah of Idaho and others tha'
complete codification OF lnterna-
final law must precede the success
or the world must wait for that
oodiecation the establishment OF the
world court will never take place IN
o,,r lifetime" he said. mo court
once given jurisdiction adequate 10
Controversy ever refuses to proceed
to a Judgment because OF the non
existence of a legal rule appropriate
to the case. This is true whether tne
court be one of international aroi-
tration Of the international court OF
Justice"