Newspapers / The Daily Advance (Elizabeth … / Jan. 12, 1924, edition 1 / Page 3
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?.l l;M WVs I \S|' HOI*!-: |V NKtt Uo|;|.|? ( (?M KKKN( K U" -I Krum l'age l"?ui l i.- -i j. today. Germany I * ? ... .. ;>ill and Other O'UHl l"l? ? to in h?i' salvation. must mc?-t i .i ? , tii.utumi.. they in u?i provide i*..;t Gciuiau recovery will nut men .1 I-" : * i a- If >v('urity ami will itiMire i? . iii.iu payments without which 1-'.. ikt is bank Dipl. ti? ruiaii I'eople Must ll?' Show ii ity contrast, no ugrwiinfut Is wgrt.t while, tan be of auy avui'. wliUli litK'K not demonstrate to the UcUtcm people. lu'Votui much debate. jh.it Germany \\ ill he permitted to u.- iver both in her linaiiccs and iu lit r Industry, provided she does meet the conditions as to repartitions and; go .ii behavior which are Imposed J u poii her. and that she will herself b. secure, alike from new attacks, ire-h impositions, and from ail at-j tempts to invade her sovereignty and do? troy her national unity. Today- the French people are eon-] vinced Germany means to evade re parations payment and. as soon as possible, attack France again. The! German people, on the other side., are satisfied that the French are not concerned with reparations but: are only Ui<in^ the claim which they1 have as a pretext for destroying the) national life of the country. Thus: you have French apprehension bal anced by German despair. Now. if it be true, as the French assert, that Germany means to evade payment at -ill cost, that no suffering and no collapse seem to the Germans too heavy a price to pay for success fully evading reparations, then th<^ .e is no hope in the situation. Unless a bargain can be framed by which Germany will in return lor! payments, be insured conditions of! national existence which seem to her more tolerable, despite the burdens, than the rnln which, now impends, t there is no solution even thinkable. I Unless you can create in Germany 1 the wili to pay, which France had aft? r 1870, because the conditions incident to payment seemed on the whole less unattractive than those1 ?which would come with a refusal to pay. all else will be futile. In exactly the same way, if it be true, as is frequently alleged, that | France aims at the destruction of. Germany, not at the collection of I reparations, the situation is hope- 1 le>s. I'nlcxs a bargain can be! framed which the French will accept in good faith, because what it prom ises tljein seems more advantageous! than what they can obtain through ! the total wrecking of Germany, all' discussion is idle. In the last analysis France can do what she pltases with Germany today and her policy will be dictated by her own vital interests, even in the face of Hritleli hostility or world criticism. Scope of i 'oimtiissioii The present commission, exam ining into the German situation, can I .nay what Germany must do in order to balance her budget, what expenses sh must reduce, what burdens she must abandon It can deal with the G* rnuin problem exactly as if it vi ie one of re-organlxln*; a bankrupt { railway. in the same order of-ideas ? it can fix upon the sums necessury| in the shape of international loans, i Iu a word it can settle what Germany must do' to be saved , financially, and what must be done for her if she is to be saved. Hut right there its contribution ends. Itpfore Germany can be saved, she must, naturally, reveal a readiness to comply with the conditions of the commission. Hut even if she does act in complete good faith, she can accomplish little unless she receives aid directly, in the shape of inter national loans, and Indirectly through the medium of of a moratorium with respect of reparations. She will, moreover, get no loan until it be comes clear that she will be permit ted to work out her salvation under the proposed plan, assuming she acts in rood faith. And at this point one encounters the French, without whose consent nothing can be done. To save Germany the British Labor Party has already declared it - ?elf In favor of another world con ference. Such a conference would he in order at the precise moment when the present inquiry has reached a decision on the main qtoes tlon of the yvsjys and means by . ~ "which (Jeifina'ny might he rehablllta M?l. Such a conference would na turally include the United Stales, and Its business would be to deter mine the conditions under which the several Interested nations might consent to see Germany saved ahd might contribute to such a result either directly or Indirectly. Then, at las*, the world would be face to face with the whole problem and. as I have already said, any suc cess in the present conversations j-eems to me to lead inevitably to such a world conference In which C'ich ' nation concerned would he called upon to place all of its cards meoi th? 'able face up. Kven the United States would have to stay ? iway or accept the fact that Inter allied debts would Ti'ive to be dis cussed at the same time that Ruhr occupation and reparations lot !s -were called tip. Conference Mtu lie llloekeil Of course If Polncare insisted t' .1 there could be no consideration of t ii ? Ruhr or. of the reduction of the _ Jot ils of reparation; If the ItrltUh Labor Ministry, assuming it to be in power then, should declare lhat no guarantee to France and no conccl latlon i. tlfh claims upon France was even discussable. If the United States should remain firm In Its as OAnitW^k Hi nh grade Candiet in the Aridor (ianily ('.ad<ly I f sort ion that lilt* allied debts were in tangible. if the German? should come prepared t*? evade and rescilved to any ? t?i pertoriuaie Vie conference would be duomeil in advuice. i'.-r a **fu! w.trld c ?ntV ren ???? dealing with t l?e German question, you are boutui to assume a conviction in Germany. France, Britain ami the I'nited States th.it a (iirman ? was not only undesirable but fraught with more menace to each than some adjustment made at t li? - e\|?eiis? ??i mutuul sacrifice To' take our own case, we should have to answer the question: Would it hi* motv profitably to insist upon payment in lull of a debt which cannot he paid, even in part, if Germany does not pitv her creditors, or to consent to a writing down of tit*- sum of the debt in re turn for cert lint v- of obtaining the r? tnnining tractim and preserving the Gerniau market f?? r our own pro ductions? The last three British Cabinets have accepted the principle that Ger many could not be saved except at the expense of her conquerors. Th?>v have even accepted the principle that Britain is so much concerned in the vilvaging of Germany, materially conci rued, that she should he pre pared to make sacrifices herself to France. And despite French argu ments To the contrary. British pro posals in the matter of interallied debts have been "very generous. The weakness of the British proposals h'Js lain in the /act that. while envi saging cancellation of debts due from France to Britain, they did not carry any promise of French col lection of the much larger sums due her from Germain* nor any ade quate recognition of French demands for security. t'oncOKsioiiK Must lie Made In any new conference, such as might follow the present l'aris dis cussion. such as must follow it. i* any iVal uood is to result, the new British Ministry will have to make far more sweeping offers, if it Is to arrive anywhere. It will have. In addition to repeating the Bonar Law proposals with respect of allied debts, to give France assurances in case of any new German attack and also in case of any fresh German evasion of reparations terms. Other wise France is bound to prefer to follow her present course, taking such reparations as she can collect and harvesting security as Germany disintegrates. As for the I'nited States, if it is to have any influence, it will have to he prepared to accompany arguments for the reduction of German repara tions totals by promises to scale down allied debts, seek 1 tig its com pensation Indirectly through the res toration of the Kuropcan market < for American exports. If we con tinue to decline to take such a step. m> judgment is that Europe will either tacitly repudiate the debts and make Its own settlement leaving u? out or the failure of our Govern ment to act will prevent any settle ment and promote collapse. ^ Some of these things may b< made very clear to the American public in tlx course of the present Paris dis cussion. Gei.eral Dawes and Iris as sociates. -si.nce they have neither of I tidal nor political status, ma> be able to analyze the situation for the American people and explain it as no American public men have ventured ' to do so far. This. I think, is the ! best hope in the whole situation at I the present hour. So far the whole problem has been 'bedevilled 1>> so-called moral consid erations. The British, the French and the Germans have in turn Justi fied policies growing out of natural and inevitable concern for material I interests ui?oq the highest moral grounds. But in each case a national morality has come Into being, which, like certain currencies has little lvalue across Intervening frontiers. (tci'iiiMiiy's Last Hope J: If the commission over which (Jen- [ era I Dawts is to preside fails. there r will he very little basis left for hope t that there can be any rational soln- li tion of the German problem. .\r r ceptlng the necessary limitations of j: it h operation*, which do not vo he- l! vond th?* purely domestic German r problems, it is m -vert lie less inn* that once i|< findings have h? ? ?> made (lu ll i ' ? results must be put before the ititi ?.'st? ?l nations either dircct ? Iv ??t* itt a new general conf? n tic*'. Thai there will he stu*h a confeiciic? I 1 1 1 i it k likely in the c\trein? . prob ably uu a British motion. Failing any surh i>*ult. then all that will be left will be some sort of Franco-German combination. indus trial and economic first of all. made without British agreement or parti cipation, an agreement which would insure French supremacy In Kurope for a considerable period or time but would almost inevitably bad to th" formation' of a balancing ^roup of states with Britain and Italy rauu< d auainst Franc*'. Poland and the Lit tle Kntetite. The old fashioned sys- ' t em of alliances would leturn. tlnre would be an almost final btvnk with any Wilsonlan or League of N;?tio*?* ideas for the future, while t ? > poli tical rivalry there would be added the fiercest form of economic com petition between France and Great Britain. France dominating -ukim* fprm of Franco-German industtial: combtiiation. In any event the strongest pos sible I'd'orl will now be made by tin British Labor leaders to promote closer association between the 1*11*1 ed Stales and (.feat Itritain. to el tain our consent to -be present in a new general conference and, in the event of failure in the Dawes under taking, to enlist American support for a Hritish effort to isolate i>iid, coerce France while salvaging tier many. This would mean, in practice, j a world conference actually. If noi professedly, hostile to France. i That Itamsay Mac Don a Id, if lie stays in power long enough, will trv to repeat Lloyd George's experiment in the Genoa conference and the American venture In the Washington conference seems assured. Hejroml all question the British would lljke to have such a conference take plac? in Washington, hut it may be con jectured that neither the American nor the French govern ments v ?nili* welcome this. Accordingly a world conference in Brussels, following the present Paris Investigation, seems at least indicated in a future by no means remote. On such a confer ence the fate of Germany and per haps of Kurope may well depend. WILL ItAISE TKUCK FOK NOKKOLK MARKET Farmers in the vicinity of South Mills have discovered that they can produce most crops from six to seven days earlier than those at Deep Creek V.j when planting at the same time. This has led many to con sider the raising <?f true# for the Norfolk market. It Is possible with the roads now open to drive produce to market in a very short time. FILLED l'l? DITCHES Ml I Dl G Til KM \G\|N Tlu-rt- is' little reason to doubt that ditchinR is necessary on farms iti th'- iimr.i'il *ai?- vicinity of Ktiza lu'th City and all other teniiory yim< ilarly situated. It is rvixirtcil ill tt Judson Fleet wood made a ihormiKli test farm ing without ditching on his farms Ashland aiui llelRrade. Year boforo last In- plu.wt?l all tin* (litcii?'S lull bill ili?' results wi re sit? h thai last vc;ir he put hands to work and duR lliom out usiiin. according to the re ports. One year was sufficient to demonstrate th? impracticability of farming without drainage. Tin* p: obit in of the: western lamp r is how 10 Ret water on lo 'lis land: of the Southern farmer how to p?*t some of the surplus water off. FLOATING TENANTS GO AIIKAD OF THE WEEVIL As l he holl weevil moves north-1 ward there ;s reported to he a miRra tion o! floating tenant farmers keep ing pare with the destroyer. Aj number of N'orth Carolina Xirmers have Rone into VirRinia to farm the next crop of cotton out of reach of i lie weevil accordiiiR to reports. | Frank Lindsev who owns a larpe number of acres in Norfolk county Is said to* have rented most of it to North Carolina tenants for next, year's cotton crop. -AN INVESTMENT Which assures an annual return of not less than 7 |?cr rent iiml whirli liny** an additional 2 |K*r cent annually when net earuiiiu* on the ( total capital aiuoiint to H per cent In n corporation under the direct I manaueinent of a croup frmii union*; j| the mo?t successful executive's in the', lkieduiont Section securei I by one of the most modern and best equipiMil weaving mills ill the South nianufacttiriiiu a consist ently profitable line of goods IS VIOKTH LOOKING INTO Far full particulars write BOND DEPARTMENT American Trust Company j ^Charlotte, N. C. Frank B. Green, Manager, j V. S. AMI (iOODYKAH TIRKS For Service and Satisfaction ALTO SflM'LY & VULCANIZING Company 'HONE 407 ? D? SB HI]? B??@ ?? tills] 111 ll ?HS??BS??1? jj Alkrama Today | William Fairbanks ? in ? Cyclone Jones ADMISSION 10c and 30c MATINEE & NIGHT there's the 1 PRESIDENT ofthe BANK - I'M GOING TO INTRODUCE MYSELF TO HIM SOMEDAY- . AND SOME DAV -N, I'M GOING TO OWN 1 a bus like That- ? I'LL TELLTHE WORLD! / / This is ajmev ACCOtrN-T" I5N" \ IT. MR DUFF OH NO. IT'S \ ABOUT A \ WE E K OLD ) DOINGS OF THE DUFFS Th?- Coming COME ON WILBUR^ ARE YOU GOING ' NO, NOT TO LUNCH P j .'RIGHT NOW I'VE GOT TO GO TO THE BANK FIRST j ~r llimiNi'HM !\1an BY ALI .MAM Cantilever Shoe Treat Your Feet Kindly WoMIW willi urarr'til lustrine ?; r< ? wotmn who hav?* I r* ilwi'r t ( Uimlly. Tln.i'n- h;i)t|?i? I*. I no. Can- <>r tin- f?'?l is ?'sstiilial to uond hi-allh. and slitJir.-* sueh us !':? nt i'?\ ? rs :>ro hr'?dir: woimn fv?*ry uli'.ir in know .l-i-tt?-r Imnllh and iiapi'lm'ss. (V'tilih vi r Sln?"s :?!?? ricsiuiH'd t <? follow evi-rv line am) < ui vi' ill' i lie root. Thoy'ro liiihl sjjijd. Ih'\ibh*. Tli'-y'rt' (hvss\ as woll as romforlahh*. Math* in m at l-atr.'rns, Cantih'Vfr slrao-mimiiH uivi- unusual com fort, which lias made tin tn a favorite with women who want ( 1si*i i* comfort seasoned with a hit of sly h\ We will h?- ulad to demonstrate without any ohll cation on your part. The chancon an* you'll like tlo'in for tln*lr appoaranci* and you'll want to wear Uhmii for I1n?lr com fort. Owens Shoe Co. HINTON BUILDING Closing Out Business Our entire stock of Electric Lighting Fix tures, Vacumn Clean ers, Toasters, Electric Fans, Heating Pads, House Wiring Supplys and all things Electri cal, must be sold by February 1, 1924. 25 to 50 per cent off. To day is your chance for a bargain. W. S. White 6? Co. PIIONR 61. 120-122 Poindextcr St. Elizabeth City, N. C. . FURNITURE I ?SLIGHTLY USED AT? | 1-2 PRICE c ? j: ?AT THE? Auction Store Matthews SlrH'l E. L. Silvertliornr, Mpr. Hack of D. M. Jones f.o. Fame and Lebanon Belle Flour ?rf Absolutely flours of qunllty Mild by lli?? lending wocer*. ? Distributed By ? A. F. TOXEY & COMPANY Water StrofL WE ARE GRATIFIED To announce that your past patronage has made it pos sible for us to add to our system a complete dry clean ing and dyeing plant, which will enable us to better sefve you, as we can ^et out rush orders same day. We invite you to give us your next work and bo convinced that 110 place can serve you better or quicker Hhan we. L. W. SMITH THE CLOTHES DOCTOR 2 South Road Street. PHONE 61-i
The Daily Advance (Elizabeth City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 12, 1924, edition 1
3
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