The Daily Alaska empire., 1935-01-28
Peace by Economic Sanity.
(Kansas City Star.)

tkanSaS City Star.) It becomes increasingly apparent that the basis of peace has shifted. The problem of preventing is longer essentially political as it was prior to 1914 but economic and recognition of this fact is forcing many observers to revise their interpre- tation of recent developments as well as their pre- dictons for the future.
 Nowhere has the case been stated more clearly than by Frank H. Simonds in the current issue of the Atlantic Monthly According to MT Simonds the three great powers that regarded today as potential disturbers of the peace, Germany, Japan and Italy, have one common characteristic. They all relatively poor in natural resources and they came upon the international late that the era of colonial expansion from which other coun- tries had obtained economic advantage was virtually closed
 The World War, MT. Simonds suggests, left Ger many, Japan and Italy economically inferior to the other four great powers, the United States Great Britain, France and Russia, and the postwar policies of the more fortunate powers tended to enhance their inequality Instead of sharing their advantages through economic cooperation that would have permitted the poorer countries to readily the materials they lacked these four countries proceeded to embark upon policies of economic na- tonasm that drove the others to state of political desperation, reflected in fascism, militarism and imperialism
 As MT. Simonds describes the situation;
 The transition from an agricultural to an
 industrial created a condition of privilege
 
 own territories approximate monopoly of
 the essential materials of industry and
 within their national frontiers huge do-
 meStc markets. They were thus able to
 exercise an arbitrary power the material
 existence of less fortunately placed peoples For the latter could only obtain the raw
 materials necessary for their industrial
 life as they able to sell their goods
 in the market of the more fortunate De-
 nied that market they had no alternative between submission to inequality with
 all it's social consequences, and resort to
 violence to abolish the inequality. From MT Simonds point of view therefore the French policy of using financial power for political purposes (through the granting denial Of foreign loans), the Russian Five-Year Plan, the British system of imperial preferences (tending to build a tariff wall around the British Commonwealth of Na- tions), the American high tariff policy and the economic natonasm of the new deal are all bound in the end to make new unacceptable" because they tend to condemn other nations to a declining standard of living and rising tide of social unrest
 The failure of the world disarmament conference Japan's seizure of Manchuria Itay's militarism and Germanys provocative foreign policy are each in their own way symptoms of economic disorder &C., cording to MT. Simonds, and he quotes Bertrand RussellS statement that it is not by pacfist sentiment, but by worldwide economic organization that civilized be saved from collective suicide"
 It is not necessary to feel quite as hopeless as MT. SimondS does the prospect for a more enlightened economic order to agree that the United States must share the responsibility for the worlds present unhappy plight and that it is up to this country actively to cooperate in removing the economic causes of war