Western news and the Libby times. [volume] (Libby, Mont.) 1920-1933, 1931-08-06
THE NEXT STEP
(Lewistown Democrat News

(Lewsown Democrat News
NJ who gives the subject any thought at all will
pretend believe that the granted Germany
the payment of reparations will provide than
porary relief BY of the limit the period of
postponement the beneficiary of what is really
gesture of help than substantial aid the effects will be
slight The that Germany get out of the trans
action the hope that before the of has expired
WISE just sensible and permanent disposition of the
entire debt subject may be worked out The nature of
any settlement of the vexed question must of necessity
depend upon America The Young plan of separations is
just impossible of fulfilment and contains much
certainty of growing evils to the whole world did the
Dawes plan. Each predieaed upon the ability (of
Germany pay Both fail to give consideration to the
will to pay If the people Of Germany decide that
tinued efforts to meet the payments only species
of slavery, they likely decide that they might
we'll stop paying and accept whatever fate such failure
might bring upon them If it the occupation of their
land by alien armies that bitter experience might be no
less endurabe than unendng commercial and financial
bondage.
Obviously, the occupation OF German territory by the
only which might be tempted to take such rash
step, France would involve consequences from which the
most chauvinc leaders at Paris might shrink 1t would
array the public opinion of the world against the invaders
It would be the certain forerunner of another in the
Old World and the civilized institutions of that ancient
region hold together through another struggle How
ruefully may regard the situation, may well
admit that the goats to modernism,
demands debtors. may insist that they modi
fy their demands upon Germany If insist upon
,ound of flesh, these debtors will take much and the
likelihood we'll, from Germany We become, therefore,
hostages the welfare not only Of 60OOOo German people
: but Of the ntife-civilized society we'll
When President IIooyer his moratorium announce
ment said that the plan did contemplate any change
the general status of reparaons he probably had his
in his cheek species of deceit but perhaps
ustabe on account Of the delicate diplomatic negotiations
which necessary before this slight concession
could be made effective Under the Of lenent settle
y men which have made with debtors we stand
to collect eight billions of dollars altogether
probable that within the will be under the necessity
Of determining whether shall declare the entire
account total loss and wipe the slate clean Real
will be required to advocate such policy Many of our
who refuse to look beyond the boundaries
gressonal districts and virtousy oppose the
suggestion will be easy for these leaders declaim TO
their constituents that the foreigners are putting over
something on the poor people OF this great republic
appeals will have effect the tide Of our present in
depression has not subsidized great degree
y But the facts will not be altered happen TO constut,
s major of world distress has been amply
demonstrated that welbeng depends in very great
upon the being of rest Of the world II
quite demonsrab that by making tremendous financial
sacrifice placing ourselves position to get back
through the channels of world trade more than we give
Y. away.
Our renunciation of course calls for the imposition Of
certain definite terms First Germany relieved tc
such an extent that there be question her fnanca
e ability to carry AS condition precedent however
that country must offer none of the savings
credited to her shall for miltarist purposes France
must be left the right demand sufficient to repair thu
physical damage done her during the Britain must b
allowed to profit substantially from the relief granted
must Italy and other countries None of these however ar
use their improved credit position for ornaments If al
OIL THESE obJecves be attained shall be amply com
ne De evidence OF sincere desire of the leading Eronea
W countries renounce war-ke PURPOSES and stri, = -
ot harmony for world rehabilitation We have great on
an to serve the world But whether or not we ar
seize that opportunity depends entirely upon the nation
now so In need Of such assistance