Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-03

One Of the chief benefits of the Lon
don Conference on conditions in Ger
many, as recognized in American cons
ments, is the example of a group of
nations meeting to prevent disaster for
sister nation. There are differences
of opinion as to future political and
economic developments, but the pur-
pose of the conference is widely COM
mended.
The London pact by seven mighty
powers to aid and save a sister nation
from financial ruin" according to the
Portland Oregon Journal, shows man
kind the broad trail to great new
human order, points the people to peace
and reason, to a great new civilization
freighted and laden with good will, good
order and intensified human happiness -
Declaring that "the conference was well
worth WHILE" the Cleveland News holds
that "a step toward international
economic cooperation, on a scale never
before contemplated, has been taken"
The Fort Worth Star-Felegram thinks
that "the public is treated to the most
pacific-appearing international picture
seen for several years." and "if the
balance of international finance is
established sufficiently to assure the
resumption Of the normal flow of trade
relations, the feat is of sufficient
magnitude to contain plenty Of glory
for all participants"
Germany is placed ON level ground,
and now has only the disturbing ele-
mentS Of the Communists to combat
while working out her rehabilitation
program" says the Charlotte Observer,
''but the handling of the opposing fac
tons should prove the least of the diff
cultieS that government is now left to
face" The Lincoln State Journal is
convinced that ''if the moratorium and
the proposals upon which statesmen
have acted achieve the results expected
Germany will soon be large purchaser
on the world market-a tonic the world
needs" That paper concludes that "as
an active trader, engaged in buying and
selling and realizing q profit on her
activities, Germany Is a world asset, but
under other circumstances she would be
Q serious liability"
r + r
That the measures adopted were like
those Of physicians in charge of q per-
son who Is i'll Is the conviction OF
the Cincinnati Times-Star and the New
York Sun. The latter adds: THAT they
were able to agree on the general effica-
ciousness of the treatment already I'M
dertaken was something; perhaps it was
more that nobody proposed a panacea.
Rarely indeed does the applicant for
relief obtain from such a consultative
congress the directions and remedies he
desires. Germany did not. It did, how
ever, obtain confirmation of the extern
sion of loans already made, proclama-
ton Of confidence in It's ability to re-
cover from its ills and the recommends
ton that @ committee of bankers rep
resenting the great institutions Of the
world should investigate the require
ments Of Germany"
"The Germans have been given q
breathing SPELL" states the Rochester
Times Union. They may not yet be
out Of their difficulties, but they have
an opportunity to set their house In
order before being compelled to meet
obligations to governments and to for
eign bankers which threatened actual
default. And it also appears that, under
stress OF the emergency, steps have
been taken toward that Improvement OF
many which Is of such vital importance
to the stability Of Europe"
The Importance Of the relief offered
is emphasized by the Chattanooga
Times. the Worcester Telegram and the
San Francisco Chronicle. The Omaha
World Herald describes the proceedings
with the comment: "And so 1t Is that
recovery proceeds-one step at time.
Each crisis, in its turn, is met and
surmounted It Is long and hard and
steep road civilization must follow as
it slpwls. energies from the swamp into
which " 90 foolishly plunged and strug-
giles 10 N4ain the heights. But it Is
foiloEip9 mat road. For Al the OBJ