Evening star., 1933-05-05
IRE|CH SPOKESMAN
Y TO TALK POLITICS
,ps. Schacht Hopes to Inter.
u est Roosevelt in Plight
! Of Germany.
RY CONSTANTINE BROWN.

b. BY CONSTANTINE BROWN.
DR.. Hialmar Schacht, president OF the
W Reichsbank. who arrives here this art
- ernoo-l as special representative OF the
{ German government to discuss Win
5 president Roosevelt the international
; economic and political situation, Is not
!, only one of the ablest financial experts
y in the world, but also man WIN
t,&een political sense.
4 Heretofore, he was nicknamed Dy MS
friends as Gloomy Gus because OF
his pessimistic outlook on the worid
Ii situation. ~
DR.. Schacht is in9fact not a pessi-
II mist. but realist Ever since the END
II of the World War he has been preach
H ing that the world is going to face
IL very serious crisis, even collapse OF
Eythe present economic and social struc-
Future if the line of demarcation between
fEthe victorious and the dsfeated nations
kcontinues to be maintained. His pre-
n dictions have been scoffed at, but To-
II day the German financial leader comes
to Washington with the iSagreeaDis
u satisfaction of being able to tell MS
Ssformer critics Il told you So
[ 4 >Sees Roosevelt Tomorrow.
The president of the Reichsbank will
J have his first meeting with Prealden.
I Roosevelt tomorrow when he Is invited
isto lunch at the Whts. House.
l. He is expected to tank to the Pres
tydent as frankly as he talked two and
IN half years ago to President Hoover.
T. In DR. Schacht's opinion, the 'eco-
homic problems, such as reductlon OF
kstariff barriers. quotas and otner traoe
while important, are only
Eincidental in our present plight The
tho German rpDre-
EAentative, is the very definite division
Efnf the world into groups Of enemy pow
fsters. with hatreds and suspicious even
Il fStronger than they existed before the
lsworld War. Unless change In the
ISState of mind of peoples can be brought
Iabom-and that can be done only y
y "a sincere political co-operation-lt Will
! be of very little use having conferences
| swhere diplomats talk good Will while
| Atheir respective governments act IN
!! selfish, ultra -nationalistic manner, both
II In their political as well economic activ-
ttsHties
i Dr. Schacht does not believe in pal
Natives. He is somewhat Plussian in
rhis manner. as far as the present PROB
= lens are concerned. He believes in an
Immediate drastic action to eradicate
I the real causes Of the worlds troubles
regardless as to how painful they may
be and how many susceptibilities may
<be hurt. -.- ss.
VIII Discuss Politics.
Consequently. he intends talking to
!, the President about the political aspects
L of the world crisis. DR.. Schacht De-
longs to no political party in his coun-
try but he is a Nationalist lnasmuch
that he considers the Versailles treaty
as damaging document because II
was made with the purpose OF keeping
Germany in q continual servitude. He
will endeavor to persuade the President
of the necessity of the other nations
permitting Germany to resume her po-
sition in the world on footing OF ap-
so,ute economic, political and military
equality.
Until now the President has heard the
, French, the British and the Italian
,.point of view ON this subject. Tomor-
row he will hear the expression OF the
German government. DR.. Schacht IS
4 authorized by his government to tell
l Mr.. Roosevelt that his country Is will
, ing to join the other nations in an
effort to bring the Geneva disarma-
ment conference to successful endlng,
provided that Germany is not placed In
an inferior position TO the other nations.
The German government maintains
that It. is disarmed-a moot question
hotly disputed by the former allies.
, The German government sticks to this
, assertion and demands that either all
,ithe other nations. reduce their armed
forces to the present German standard
! that is to say, reduce their etfectives to
fywhat Germany has today, and abolish
f+those war instruments. such as heavy
Z guns, tanks and military aviation-or
that Germany should be given the right
Ito build herself the war machinery the
f'other nations possess. The Germans.
it is said. do not ask for parity in
armaments, but for equality. This
D. means that they want the right to con-
struct what is forbidden in the YER
sailles treaty. 80
Willing to Cooperate.
Without such an equality, the Ger
mans say, it will be useless to try to
obtain a satisfactory conclusion of the
Geneva conference
1t is, of course, not in the power OF
the President to tell the nations assem-
bled at Geneva what to do But the
Germans hope to impress Mr. Roosevelt
with the importance and righteousness