Evening star., 1931-06-21

no desire. 1t is said, to see such an out
come In Germany.
Today there are 5000, 900 UNEMPLOYED
workers in Germany, huge proportion
OF their population. These unemployed
workers are kept alive by a government
dole. So that the government has to
md the money not only to pay the
reparations. but also to feed the 50OO,-
600 unemployed and their DEFENDANTS.
Furthermore, there has been a run" on
German credits, with q threat to Ger
man finance generally and to the mark.
unless there is restoration of conf
dence in Germany'S financial structure
there Is no telling to what lengths the
crash will go. affecting as it viii many
other countries.
Germany is essentially an Industrial
country. It has important agricultural
interests. But Germany Is an importer
OF farm products and Of raw materials
needed in her factories. Because of the
depression in other nations her markets
Tor her wares have dropped of. Hence
tne great depression in this industrial
country.
President Hoover announced the
names of the Senators and members
OF the House who have approved the
plan OF assistance proposed. He listed
II Senators and 1S Representatives
including Democrats and Republicans
In addition, 1t was announced that the
President had been in communication
over the telephone with Senator Rob-
lnson of Arkansas, the Democratic
leader, and Senator Couzens Of Mich
lgan, Republican member Of the FL
nance Committee. and that they, too,
approved the plan.
Approved Proposal.
The list of Senators and Representa-
tives whose Snames were given by the
President as approving the plan fol-
lows: Senators Henry F. Ashurst.
Hiram Bingham, william e. Borah,
James F. Byrnes, Arthur Capper,
Simeon D. Fess, Duncan u. Fletcher.
Carter Glass, William j. Harris. Pat
Harrison, Cordell Hull, william H.
King, Dwight w. Morrow, George H
Moses, David A. Reed, Claude A.
Swanson, Arthur: vandenberg, Robert
Thou,N F; Wagner David I. Walsh.
son, and the following Representa-
tives: Isaac Bachrach, Joseph w.
ByrnS, Carl r. Chindbloom, Frank
Crowther, James w. Collier, Charles
r. Crisp, Thomas H. Cullen, George p.
Darrow, Harry A. Estep, Willis c. Haw-
ley, Carl e. Mapes, j. C. Mclaughlin.
Earl 9. Michener, C. William Ram
seyer, Bertrand H. Smell, John @. Til
son, Allen T. Treadway and will r.
Wood. 1t has been approved by AM
Owen D. Young, who had a prominent
part in the present reparations agree
ment and who is frequently mentioned
as favorable Democratic nominee for
President next year.
Senator Borah, chairman of the Sen
ate Foreign Relations Committee, is one
of those who has given approval to the
plan advanced by President Hoover.
Senator Borah, before he left Washing
ton to go to Idaho, made 1t clear that
he believed that eventually something
would have to be done to revise and re-
duce the German reparations. He init
mated that he, for one, would be will
ing to forego some of the war debts
owed this country by the allies If repa-
rations could be reduced and at the
same time the allied nations would give
assurance they would reduce their ex-
penditures for ornaments. The Prea-
dents plan does not go nearly so far
He has proposed no cancellation or re-
duction in the war debts owed this
country by the allied and other ma
tionS. But Senator Borah Is ready to
60 forward with the plan Of general
poStponement advocated by the Presi-
dent in order to give the world .
breathing period.
With the President when he made his
announcement of his plan to the press
last night we're Secretary Stirnson Of
the State Department and Ogden Mills,
Undersecretary of the Treasury.
Held Many Conferences.
Many conferences wereN held by the
Prejident yesterday before the an
nouncement was finally drafted. He
called to the White House several
members of Congress, including Senator
Dayid I. Walsh of Massachusetts,,
Senator Fletcher of florida and Repre-
sentative Treadway of Massachusetts,.
Senator walsh of Massachusetts has
for some time been favorable to some
action as that proposed BY the Presi-
dent, and he so informed the Chief
Executive. Indeed, before he went to
the White House or knew that he was
to be invited to confer with the Presi-