PAGE TWO
A Queen Meets Crisis With Calm;
Wilhelmina Os The Netherlands Acts
Wealthy Monarch
Seeks to Retain
Gold Standard
By C. DAVID VORMELKER
New York, Aug. 28.—A queen has
been meeting a crisis usually reser
ved for presidents and premiers.
Queen Wilhelmina of The Nether
lands has been meeting an economic
and political crisis with great eco
nomic shrewdness. She is an economic
power as well as a soverign power.
She is richer than any of the Dutch
millionaires. The forutne of the House
of Orange developed from the $1,600.-
000 subscribed to the original $14,900,-
000 capital of the Netherlands Trad
ing society by Queen Wilhelmina’s
„ ancestor, William I.
Has Huge Fortune
* A continued policy of money invest
ment without speculation has rolled
up a tremendous fortune for the royal
* family.
* Thus Queen Wilhelmina was inter
* ested when one-fifth of the gold re.
serve of the Netherlands tank had
" been withdrawn as a result of the
l demand for gold, because of fears
* that the Catholic party leader. Pro
fesscr Petrus Josephus, Mattheus Aal
* berse, might successfully form a cab
■ inet and topple the guilder from the
gold standard.
I The clever queen did not remain
« long in the parlor counting out her
** money.
1 Instead, Wlihelmina summoned Pre
„ mier Hendrikus Colijn and planned a
* maneuver to prevent the inmpending
* gold crash.
„ Cabinet Topples
•* Following an announcement tn
* which Premier Colijn reported inade
* quate support from the Catholic mem
- ters of his coalition cabinet, he
s promptly resigned.
* Professor Aalberse was taken un
i- awares and had no opportunity to
v organize his Catholics into a coalition
t cabinet of his own.
E One reason for the professor s in
“ ability to act was the distrust the
t Catholics had of The five Communist
deputies Aalberse would have had to
include in his cabinet to obtain a ma
■z. jority.
“ As soon as it was apparent that
Professor Aalberse was unable to pick
2 up the torch from where Hendrickus
Colijn had flung it, the ex-premier
stepped back into his former capacity.
While the strategic move was sue
cessful, the Netherlands bank incur
red a gold loss of 20 per cent, or 131,-
000,000 guiders.
Queen Wilhelmina has definitely al
lied herself with the power of gold
and believes that sanity in terms o
a nation's balance consists of the gold
standard, a balanced budget and free
trade-
Trade Continues Decline
Dutch-Strade, however, has been
dropping steadily since 1928.
In 1928 the Netherlands supplied 26
per cent of the textiles purchased by
Indomesian subjects in Borneo, Java,
Flores, Bali, Celebes and others of
the Dutch East Indies.
England headed the list with 29 per
cent, and Japan was on an equal basis
with the Netherlands with 26 per
cent.
Japan has since then increased her
percentage to 76 per cent of the tex
tiles and 31 per cent of all Indonesia
imports.
England and the Netherlands have
dropped in textile sales to 7 per cent
each, while the total Indonesian im
ports supplied by the Netherlands has
decreased from 20 per cent to 12 per
cent.
In addition, with a falling income,
the Netherlands Indies government
has sought to balance the budget by
cutting several activities,, including
the higher native schools.
This has resulted in a movement to
Japan by many Indonesian youths,
who are there seeking an education.
Rumors of native discontent are
arising a.nd a movement of public
opinion in Indonesia directed toward
eventful self-rule, seems apparent.
In the meantime, having met the
crisis for the time being, the queen
and Princess Juliana went to a Scot
land mountain resort to rest up for a
month.
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Queen Wilhelmina of Holland proves to be the nation's beet financier.
Duke Man, Heading World
Sociologists, Pleads For
Cooperation Os Nations
Brussels, Belgium, Aug. 28.—Call
ing for the socioologists of the world
to put aside their disagreement, which
in part he said is the result of mis
understanding, and become more ef
fective through cooperation, Dr. Char
les A. Ellwood, of Duke university,
opened the International Congress of
Sociologists, this week, being the first
American to be president of the in.
stitute in 22 years-
Several hundred distinguished so
ciologists representing a score of na
tions are attending the sessions here
this week. The congress constitutes
the gathering of members of the In
ternational Institute of sociology.
Professor Ellwood, in his inaugural
address, spoke on “Culture as an Ele
mentary Factor in Human Life.”
“Os all scientific men, sociolists are
most in need of international coop
eration,” said Profesjfor Ellwood.
“For not only is the human world in
chaos through lack of understanding
of the fundamental principles of hu
man association, but sociology itself
is ineffective through the disagree
ment of its various schools—disagree
ment which is in part the result of
misunderstandings. The remedy for
this situation —if there is one— is cer
tainly in the exchange of ideas.
“This exchange should be interna
tional rather than confined to the
sociologists of one country. Sociolo.
gical problems are humanity-widi,-.
Therefore sociological research should
be organized in such away as to trans
cend national boundaries. All sicance
is by its very nature universal. So
ciology, like all other science, is nec
essarily international.”
“The new sociology,” Professor
Ellwood stated, “which sees sociology
* HENDERSON, (N. C.) DAILY DISPATCH, WEDNESDAY, AUGUST 28, 1033
as a science of culture, rather tnan
of nature, seems to me, therefore, to
present the best chance of bringing
into relative agreement the many
conflicting schools of sociological
thinking which istill exist. I believe
that it will soon become the agreed
basis for all socioligcal thinking, even
though minor differences will proba
bly continue to exist amony the world
scientific sociologists.”
Dr. Graham Sees No Chance
For Communism or Fascism
Gaining In United States
(Continued from Page One.)
newspapers, and universities, their
historic federalism and constitutional
checks and balances with a
al set against political dictatorship,
all combine to make . improbable,
though not impossible, any despotism
that relies on military force rather
than on the constitutional forms and
methods of liberal democracy.”
Moreover the farmers and indus
trial workers, Dr. Graham said, “have
enough interests in common and
enough power in combination to pre
vent a fascist dictatorship. For a com
munist dictatorship there appears
less chance, even with a change in
the traditional attitude of the Amer.
iean workers. The farmers and the
urban middle class overwhelmingly
outweigh the proletarist, who are apt
to recede in power before the tech
nological advance. There is apparent
ly no present prospect of a fascist die
tatorship of business men or a com
munist dictatorship of the proletarist
America.
“If Democracy can offer work and
security .industrial enterprise and so
cial control, then the way for Amer
ica is straight ahead on the high road
toward the new balance of the ad
vancing technology and an expand
ing democracy. ”
Analyzing political and economic
adjustments which, he suggested, can
be made without amending the Con
stitution. D". Graham said that “we
must look for a further development
of the compensated economy than is
nf present ennstitutionaty nermis
hible for a redress of this social fail
ure of a free collectivism.”
Ano fV »er device of the government
he said; which “can make economic
end social ndinc-tments in the opera
tions of our federal svst.em is the fed
eral-grant-in-aid to states. This de
vice has deen historical rootage and
constitutional sanction and can be
used to make the federal republic a
democratic nation of people.”
He said the World War, the depres
sion : and the industrial revolution had
“prepared the wav for an amendment
l o provide a constitut’onal basis for
a congressional bill of human rights
suo'h as the right to honest work
decent industry wide minimum
standards of hours, wages, and far
competition, eoualitv of bargaining
pewen social security against the
eernomie hazards of modern society
end social control of the means of an
'bundant production of mods for r
mo'-e shundant distribution of thr
gond life
“Yet with all our efforts for humar
understanding and social adjustment
hrou° r h a compensating economy
eg oral-gran t s-i n-a.id to states, judicia
cinterpretation, constitutional amend
neats, a new bill of human rights
end educational curricular revision
his conference reminds us that with
uut a sense of human brotherhood
md the sacred worth of every per
sonality, ‘they labor in vain who build
the house.’”
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