Evening star., 1926-09-12
HORIZON DECLARED
DARK FOR EUROPE
Germany's Admission tc
League Not Regarded by
All as Panacea.
BY GERVHLE RE.ACHE.

By Radio to The star
! PARIS, September ll.-Libera
minded people throughout Europe
sincerely rejoice at Germany's admis-
sion to the League of Nations, al
| though the nationalists of all coun-
tries continue their clamorous criti-
| cisms
| Wisdom today bids continental ma
tons to follow the broad policy OF
Cancellation and economic co-opera- 4
ton for which Locarno paved the
way. Already they have almost within
their grasp a cartel OF metallurglcal
and chemical industries. and though
some difficulties remain. notably on
the Belgian side. they will lie smoothed
out by the superior force of the bet
ter advised elements.
Paris now is expecting Germany to
come forward with a certain number
of demands. Doubtless Germany Will
ask for reduction Of the occupauonal
force on the Rhine and for evacuation
of certain Rhinel9nd zones. Then
certain frontier adjustments will be
sought in her favor. Then certain
colonial mandates.
Seeks to Throw OF Chains.
In short, Germany will ask Il grad
ual ioosening of the \ersallles
chains"
But it is generally thought prefer
able. after all. that such CLAIMS DE
presented in the peaceful atmosphere
OF Geneva rather than with powder
and shot and sharpened swords.
While the diplomats discuss and
bargain, businessmen and flnanclers
NAV settle by friendly agreement such
questions as furnishing capital Tor the
former German colonies. working out
a transportation agreement Tor the
DanZig corridor. and the exploitation
of many untouched sources of wealth.
in Western Europe.
I-nhappily. many more Frenchlnen
than Germans--and very many more
Frenchmen than Englishmen-ar-
IDENTIFY desire close Franco-GermaIi
economic co-operatiOn. That Is the
real source of Europe'S dis-equllibrlum
today.
America aids this dis-equilibrium by
beginning European reconstruction
with Germany, while treating her for
fer mar associates as rivals. The
fruits of this policy already are be-
ing reaped and are less sweet un-
doubtedly than America had hoped.
Germany. with restored currency
and productive power, takes her Old
place, but amid neighbors weakened
by war. The United States alone
could have compelled Germany to re-
spect a universal league of nations.
But America is absent.
Meanwhile. other European nations
struggle with difficulties which seem
insurmountable.
Horizon Remains Black.
France particularly seems to have
missed her chance for reconstruction
several times. Worried with foreign
questions, still far from settled. such
as international debts, Tangier and
application of the LOcarno treaties,
she has not been able to realize those
financial and political reforms which
the world awaited. The horizon re
mains black.
Doubtless the heavy new taxes
voted recently will give the treasury
a momentary breathing space, but the
administrative economies decreed by
the cabinet have displeased Parlia-
ment far beyond their actual cash
value. Nobody believes they will
solve the financial problems. which
remain unsettled because of the fail
ure to apply the principal recommen'
dations of the experts committee.
Obviously Frances situation is less
serious than Italy's so far as one can
Judge the situation of that inscrutable
country, whose defiation policy threat
ems still further to upset the trade
balance, which has surpassed $4,000
600 900 lire in the past five years.
1t is to be feared that Autumn will
see rather grave monetary disturb
ances in France as well as in Italy
and Belgium.
ICopyrirht 1926