Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-27
WAR DEBT FARLEY
NEARING FAILURE
DR.. schacht Holds Trump
Cards in Effort to Settle
Preparations.
BY JOHN F. SINCLAIR.


Special Dispatch to The Star.
NEW YORK, May 27-After Is
weary weeks the reparations conference,
still meeting in Paris is drawing to a
close. The all-important subject-will
there be definite settlement o. not
still remains unsolved.
Owen D. Young, Thomas W. Lamont
and Sir Joshua Stamp are striving to
bring order out of what looks now
like chaos while DR.. Hjalmar Schacht,
head of the German delegation, recog-
nized as an unusually able information
al student, so far stands out against any
settlement which adds to German La
biiities more than the amount which
he suggested 10 weeks ago as counte--
settlement to the Allies.
Students know that DR.. Schacht holds
two trump cards. First, that under
the Dawes plan there is provision that
there shall be no transfer of money
from Germany to outside nations if such
transfer results in a decentralization of
the German mark. Second, that the
prosperity index set up in Germany I'M
der the Dawes plan is at present very
favorable to discontinuance of Ger
man separations.
These two trump cards have been
skilfully played by DR.. Schacht, and no
one sitting in the international card
game knows better how to play his
ca.'ds. Ths week should bring matters
to a definite head-one way or the
other.
David Lloyd George. in the thick OF
the British election fight, Is appealing
to business men and women strongly
for disarmament. II he is again re-
turned as first minister of the British
Empire, he says he will take immediate
steps looking to a large reduction OF
all army and navy appropriations.
Everybody wants peace and talks
peace, but the acid test of whether
covenants. treaties and pacts of peace
mean anything, and whether a govern
ment means them to mean anything, is
disarmament" declares the little Welsh
man. "Cut the vast and swollen arma-
ments to police level" is his pungent
message.
In this connection, Stuart Chase, the
able American writer, in recent arti-
Gle, entitled 1.-The Two-Hour War;" says
that the new gases being developed by
the chemical geniuses of the world have
already reached the stage where whole
populations can be wiped out in but
few minutes.
He refers particularly to diphenyl
chloroarsine, as a new gas discovered
since the war, that is terribly deadly.
Another one, cacodyl isocyanide, already
in the possession of all great nations,
is a gas so frightful that military men
have said they did not see how they
could bring themselves to use it.
Chase believes that the anti-aircraft
guns will be Of little use in the next
war. He makes this statement about
the next war, ut will not keep us on
edge long, for the whole business will
be over in couple of hours"
And then he adds
yet the persons capable of imagining
a general holocaust in advance are so
few and of such slight influence that
the world will not realize what 1t now
faces until it has faced it in fat &C
compli.'
Military men dispute such claims.
Mai. G. M. Barnes recently said that
in his opinion the airplane in the future
war will not ride roughshod over all
existing defenses unScathed," but will
take its place as an important auxiliary
tool in the complicated and ever
changing machinery of war"
Adolph Lewisohn, the New York
philanthropist and business man, Is 30
years old today. Probably at no time
since he left Hamburg, Germany, for
the United States, 81 years ago, has he
been any buster than he Is now. He Is
still president of five very large corpo-
rations, spends three days week In his
office. is active in score OF charitable
organizations and still finds time to
continue his singing, which he began
at 10.
When asked the secret of his active
mental and physical life, he replied: "Oh,
just don't go to any excuses. l i've
comfortably. do not smoke-although
have nothing against it-and drink very
ideas on dieting; I've never found that
was necessary"
1t is Mr. Lewisohn who has supplied
New York with its Summer symphony
and grand opera In stadium which he
also gave to the city. Development OF
the appreciation of music, and develop
ment of better opportunities for poor
children, are his two particular hobbies.
Yes. he plays golf, but as he says,
sometimes not so bad, other times ter
ribly" He still has time to collect
manuscripts and paintings. A letter of
Washington and one of Disraeli hang in
his office.
Mrs. Pratt, widow Of a former Stand
ard Oil magnate, became interested in
politics after the death of her husband
and was elected member of the board
of aldermen Of New York City. She
showed independence and insight, and
became one of the most useful of its
members. Last Fall she was elected to
Congress.
(Copyright, 1929. by North American News
paper AllianceO
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