Evening star., 1926-10-04
GERMANY ASSURED
OF j. S. SYMPATHY
Move for Accord With Paris
May Pave Way for Eco
nomic Assistance.
BY DAVID LAWRENCE.

Germany will have the good wishes
and cooperation of America I'm de-
veloping a Franco-German accord.
This sums up the official attitude
here in connection with the speech of
Foreign Minister Stresemann. who
pointed out that his conferences with
NJ. BRAND at ThOiry were not intend
ed to be hostile to any outside In
terest
Mr.. Stresemann's specific declara-
ton that he hoped for the co-opera-
ton and good will of the United
States and his words of commenda-
ton for the policy followed by this
country in the last few years toward
Germany have been taken tO mean
here that American aid will he vel
coined in reaching an understanding
on economic matters.
Economic Aid Probable.
America under the present admins.
tration is absolutely opposed to any
participation in political entente.
but the opportunities of private
bankers and American business men
to participate in economic agreements
are fully recognized.
American capital IS SO abundant
these days that natural outflow
toward Europe lS eApeCteu. O Iuf
nish the proper background nd make
American investors understand the
immensity of the task ahead nC
Europe, the French and German
statesmen are showing every sign OF
friendliness and every desire TO co
operate with each other. This change
from an atmosphere of hostility is
greeted here with enthusiasm because
1t is felt that If Europe changes from
a mood of revenge or war prepara-
tions and settles down to a real peace
time basis on army and navy ex-
penditures so much more money will
be available in European budgets for
the payment of war debts.
France in particular has been pre-
vented from balancing her budget be
cause of the necessity of bolstering
up some of the buffer states and keep
ing good-SiZed standing army. Now
the American Government is hopeful
that as the French and German
leaders begin TO work together the
foreign press will cease fomentins
suspicion and preserving war hatrede
and an era of mutual confidence will
be tnaugurated.
Productive Loans Favored
The sympathy of the American Gov
ernment toward loans which will in
crease the productivity of Europe
and enable the people to recover war
time losses is well understood. II
now is a question Of n formula to be
worked out by the French and Ger,
mans with the aid of British and
American business men and bankers
All reports reaching here from Ger
many Indicate that the Germans are
aware of the Importance of fulfilling
their war obligations. and that no
longer is there any serious doubt
that Germany will meet her repara
ton payments. In accordance. indeed
as this thought becomes ingraincd in
the mind of European statesmen tn"
French desire for n safeguard clause
to be attached to the Mellon Berenger
agreement will be correspondence
weakened.
That the French will make such
the American Government is not dis
posed to make any more promises
than have been made before, namely
that America will meet the situation
caused by possible German default
when that occasion arises. SO the
latest conferences in Europe between
the French and the German cabinet
officers and the speech by Foreign
Minister Stresemann may all be re-
garded as part of q psychological pro
gram of stabilization for business and
financial reasons.
downright. 1925