, 1935-04-24
Then orld
AT a Glance
BY LESLIE EICHEL
central Press Staff WRITER

NEW YORK. April 24-It is not
a military pact Of European nations
that has isolated Germany. but, be-
meath the surface. an economic al
lance.
Military pactS of course r mere
~ scraps Of paper unless there is ar
economic gain or a defensive gain In
maintaining them.
Behind the new European pactS
are economic conqueSts.
German trade Is shut off on all
sides by these new security agree
enthusiastically agreements Of eco
nomic offense.
Russia-the once hated u. S. S. r
because Of its communism-iS vel
coined with open arms.
The u. S. s. r. is an importing
nation. Germany is an exporting
nation. The tranSpoSition especially
pleases Great Britain. There ought
to be no offense in speaking these
facts. The world is not idealistic,
but hard and material, with each
people fighting for survival)
Germany's Hitler shouts at the
new allied group when invited Ia
Join: Why join in war treaties II
a peace agreement is signed?"
1t is an excellent question.
The answer Is: Because no trad
ing nation trusts another"
And, furthermore, II these eco
nomic wars continue. those wal
treaties among nations may be used
"a put down revolutions. one dicta-
torial regime protecting another
for, soon. people will come to ar
economic breaking point.
The cabinet ministers who sign
the treaties now may sec their gov
ernments crumble under them with
In a year or two.
True. the u. 8. s. r. Is not likely
TO be a party toward sustaining any
present government elsewhere, but
1t is likely to remain friendly TO all
present governments until they fall.
For the Soviet was held by other
nations in economic isolation for a
decade-and the Soviet realizes how
economic isolation can bring star
Walton.
Besides. the Soviet is eager to see
a subdued Germany. 1t fears Ger
many only second to Japan. Russia
Is In no position to fight on either
front. II has the poorest transport
system Of any major nation.
Americas Dilemma
The United States also Is getting
into a dangerously isolated eco
nomic situation.
Its exports are dropping-as rated
in gold dollars.
It's imports are down.
One is contingent upon the other.
No imports, no exports. Trade is
interchange. Money is the mere
symbol OF exchange.
And the United States Ia greatly
affected by the new European pacts.
Americans say: "Oh, let's not get
irto European affairs" That un-
queStionably is wise when il comes
10 military pactS. But when mill
tar pactS become economic pacts
OF aggression, then the United
States is gravely interested.
II the European countries wreck
Germany economically. there goes
one Of the largest customers OF the
United States. II the Soviet Joins
hands With England and France,
more customers are lost. Not only
does the Soviet cease to buy from
the United States. but il can supply
10 England. to France and other
European countries products that
the United States has supplied in
the past.
StiIl Worse
That, however, is only half Of it.
The present American policy OF
a monopoly Of scarcity"-as one
economist puts it's driving the
price Of American products so high
that even If there we're no "secur-
ity" pacts among nations. the
United States would be out of the
running in competition.
The United States "plows under
and adds a processing tax to raise
the price for producers.
Added to which, the United States
Jacks up tariffs for manufactures
50 that cheap" goods can be kept
out.
Thus, there Is a complete mon
opoly Of scarcity" for other nations
can neither afford to buy Ameri-
can goods nor sell their goods to
the United States.
Since that not only does not i'm
prove business. but stops it-neither
the American manufacturer nor the
American worker gains. In fact,
each suffers intensely.
La Guardia As Supporter
Actually. the strongest supporter
the national administration has In
New York state on progressive
measures is not a democrat. He 4
a man the national administration
tried to defeat for election.
He is Mayor Forello Fl. LaGuar.
dia Of New York.
Speaking for the child labor
amendment, and discussing the op-
position of manufacturers aSSocia.
tons, Mayor La Guardia said:
They don't want the federal gov
eminent TO come into the State oil
New York. You'd think the fedora
government was q foreign enemy
Ill say this: I'll trust the federal
government before I'll trust the
manufacturers association.
IF the federal government has
The right to come into your home
take your son. put him into q uni
form. give him a gun and send him
off TO be killed In war, IL has the
right TO 60 into factories and take
out Of them the children workinR
there and put them back into their
homes"