Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-11-01
Germans Moratorium Idea
Gains Little Support Here

Hints OF a moratorium for Ger
| many in its war payments to European
countries are received with some skep-
ticism in the United States. The plan
| presented by DR.. Schacht and Sug-
gested by Chancellor Bruening as the
alternative to an increase in Germany's
foreign trade, it is felt, would compli-
cate payments of other countries to the
American Government: while 1t might
have the approval of the International
Bank, 1t is suggested that it would be
damaging TO German prestige.
Among the limited number OF favor
able comments is that of the Flint
Daily Journal, which offers the judg-
ment as to the surrounding conditions
There seems TO be no way of denying
the actuality of Germanys difficult
financial position. There is very little
object, furthermore, IN pushing de-
mands beyond the point where Ger
many possibly can bear them. In view
Of the seriousness OF her financial posi-
ton at the moment, 1t is only logical
to assume that DR.. Schacht'S suggeS-
ton for moratorium, though quite
unofficial, may be the solution"
1T is we'll to remember" advises
the Providence Journal, that Chancel-
lor Bruening has not said that Ger
many will ask for moratorium in con-
nection with Young plan payments.
He has not advocated reputation OF
the nations obligations. He has simply
stressed the seeming truth that If the
German people of all parties do not
cooperate in pushing the new program
to success these disagreeable alterna-
tives of a moratorium and forced re-
vision of solemn obligations may have
to be accepted. He asks cooperation
from all groups. And he naturally feels
that he is morally justified in request
ing such combined aid because he is
presenting no artificial program as
means OF economic revival"
+ X
France, Great Britain and italy
would unquestionably try to withhold
payments to the United States If Ger
many failed to pay them" concludes
the South Bend Tribune, with the state
ment that every American taxpayer
would be affected" but the Tribune
states. as to the alternative, that Ger
many's neighbors may be too busy
trying to revive their own trade to be
able, If they were willing, to adopt DR..
Schacht's suggestion that they assist in
extension of German foreign trade"
Giving significance to the Reichstag's
adjournment until December 3, after a
vote of confidence to Chancellor Bruen-
ings coalition government in the face
| OF the noise and fury" of the radicals,
| the Charleston Evening Post declares:
"AmeI leans, especially, have a large
stake In orderly government in Ger
many and 1t is to be hoped that by the
| time the members return in December
| the passions engendered by the recent
election will have had time to subSide
| and Chancellor Bruening will be per-
| mitted TO go forward with his admins
trative policies, which in the main call
for carrying on without any radical
! changes"
The hope that Germany can pull out
Of the present slump without taking any
| drastic action" is expressed by the Lex
ington Leader with the thought that
| such action would have a very I'M
| fortunate effect on the entire European
and indeed, the world situation" The
Asbury Park Press feels that $50 great
is our stake in the economic stability
of Europe that threats of disrupting the
present structure are received in this
country with grave fear" The Yakima
Daily Republic recognizes the uncom-
promising attitude Of France toward
German restlessness under the treaty,
but advises that "the latter country had
better not carry the BLUM too far" The
| Springfield Union holds that when
France takes the initiative by suggesting
plan OF readjustment the time may
be ripe for a serious discussion OF a
German mo, atorium.'
y X X n
1.-The intelligent mass of the German
| people" contends the Chicago Daily
Tribune, cannot but realize that the
| restoration Of German strength and Of
their own prosperity and progress viii
be assisted and accelerated By The conf
defies and good viii Of other nations,