Evening star., 1935-07-08

tente In order to guarantee the lnoe-
pendence of Austria. I know of no
other alliance which would be more
successful in maintaining the genera.
peace. Only few minor points OF
preliminary agreement between the
nations remain to be settled and it
is left only for MusSolini to flX a
definite date"
He indicated that, since the OBJ
3ective of the pact was also advanta-
eeous to Italy, it was not likely there
would be further postponement.
Needed for Peace.
Asked what would be the result If
the Danubian conference should fall,
he replied with emphatic implication:
sit Is impossible that the Danubian
conference will fail. An independent
Austrian state is essential to the tram
guilty and security of Europe"
He was seated behind the long oak
table in the study of his white lime
stone residence on Bucharest's aristo-
cratic chaussee kisSeleff.
What other measures can be taken
to prevent war? He was asked.
M. Titulescu was thoughtful. He
shifted his great ungainly frame to
the edge of the armchair and the
dark Oriental eyes narrowed: TO
prevent war; he said, each country
must come out openly with the un-
eouivocal statement that it will throw
its whole power against an aggressor.
Nations must realize 1t is cheaper to
make such frank statement than 1t
Is to make war"
He expressed grave concern over
the rate at which the whole OF Europe
Is rearming.
Arms Race Menace.
"The armament race" he said, lis
ultimately more dangerous than would
be the consequences if an immediate
and decisive ultimatum were delivered
to those countries setting the pace
M. TituIescu is one of the most
dynamic influences in the political
set-up of Central Europe and the
Balkans. Consistently, he has worked
toward his policy that collective secur-
ity is the only means Of establishing
and maintaining peace. To his prac-
fical craftsmanship is due the reor-
Eanization, as a political unit, of the
Little Entente, combining Rumania,
Yugoslavia and Czechoslovakia. Said
M. Titulescu: The Little Entente has
prevented war for IS years in Central
Europe"
He was one of the motivating forces
In the consummation Of the Balkan
pact, which harmonized the ancient
enmities existing among Rumania,
Turkey, Greece and Yugoslavia. One
Of M. Titulescu's recent achievements
vas the establishment Of diplo-
matte relations between Rumania and
Soviet Russia. He is also recognized
rs an expert economist. AS Rumania's
minister of finance he reorganized the
whole financial structure of his coun-
try. He created important reforms
and gave to Rumania her first income
tax.
Direct and practical, he makes little
attempt to camouflage in diplomatic
phrases the fact that the fundamental
cause of war Is rooted in economics.
Need Economic Pacts.
"It Is necessary" he declared, that
frontiers be spiritualized by economic
agreements. With closed frontiers we
20 to war"
Asked If trade agreements, which
are increasing so rapidly in Europe,
would assist in the return of world
prosperity, he replied: Undoubtedly
such arrangements have their value.
But they have not yet been made on
. scale sufficiently comprehensive"
What, in your opinion, would
hasten economic recovery?" he was
asked.
The long olive hands, whose ges-
lures commanded attention when he
served as president Of the League As
semply at Geneva, clasped and un-
clasped.
"I would suggest" he said, that
every country produce that which it
is most capable of producing, then
distribute its own products. If every
country attempts to produce all COM
modities there will undoubtedly be
resultant strangulation of interna-
tional commerce, which is the vital
izing factor in world prosperity
I'VE must give to every country an
international economic function
This method of interlocking trade
might lead to an economic United
States of Europe. The system can
only work, however, if each nation
agrees to incorporate such a program
simultaneously. Otherwise each
country would be faced with the old
proposition of I cannot do what they
say; have to do what they do"
A final query: do you see an end
10 the world depression"
For answer, shrug of the broad,
stopped shoulders which carry so large
share Of his country's RESPONSE
bilities.
Not very soon," he concluded.
(Copyright. 1895, by the North American
Newspaper Alliance, lnc,)