The Bismarck Tribune Newspaper, July 11, 1931, Page 12

THE BISMARCK TRIBUNE, SATURDAY, JULY 11, 1931 Associated Press Photo Huge fins 40 feet wide and 105 feet long are to help guide the new navy dirigible “Akron” through the air. Here workmen are shown equipping the airship with the fins construction. at Akron, Ohio, where it is under WHAT WILL HAPPEN AFTER MORATORIUM NOT DEFINITE Proposed Suspension Without Assurance Payments Will Be Resumed (Copyright, 1931, NEA Serv: Washington, July 11.— W! pens to war debts and rena: the end of President Ho year moratorium? Resumption of payments on the re- cent basis? Further suspension? Re- vision of terms? Or is the moratori- um a first step toward cancellation? No responsible member of the ad- ministration, the diplomatic corps or Congress appears to have any real % BI Pes y consents to a resumption of payments. | confidence that operation of the ‘Young Plan and of America’s debt funding agreements will pick up where it left off. Some profess to have hopes and others do not. Have No Assurance The Hoover administration, spurred by fear of the likely consequences of | imaction, proposed the suspension of | international payments without any | assurance that they could safely be} resumed. Theoretically this government still stands firmly against war debt re- * vision and refuses to accept the com- monly acknowledged close connection between debts and reparations. But Hoover's move demonstrated that our real—and realistic—policy is to col- lect what we can of the nine billion dollars of outstanding war debts with- out upsetting the rest of the world, and seriously damaging ourselves. Politicians of every degree cautious- ly refuse to discuss the future openly and their orthodox objection to can- cellation appears not to have weak- ened. Further Concessions Likely But belief is general in the likeli- hood that the moratorium will be ex- tended to at least two years. And uncertainty is equally wide: to what will eventually happen to debts and reparations. The French have been expressing to the world their fear that the mora- torium will lead to a revision of the) Young Plan for reparations paymenis. | That fear, according to the best opin- jon here, is well-founded. The Hoover proposal itself completely ob- literates the Young Plan for the com-| ing year. Owen D. Young himself is under- | stood to have favored a two-y pension and there is plen' doubt whether a single enough to put battered Germany in a position where she can again begin to| pay. But President Hoover, who hadj to be “sold” on the moratorium idea, | was unwilling to take such a long step | at this time. Must Face Realities | Newton D. Baker, who has always Stressed the depressing effect of the, inter-governmental obligations and a| few years ago even urged cancella- | tion, indicated the apparent thought | of the world’s statesmen in comment- ing to this writer: { “At the end of a year this problem | should be met on the basis of condi- | tions as they are then, rather than in | conformance to any rigid plan which might now be made.” Senator William H. King of Utah is one of those who expects that Ger- spired to struggle more bitterly than ever for a complete re- ion of reparations and one of the few who publicly admits that “the sit- uation at the end of another year as 0 require a reexamination of the en- tire reparations and inter-govern- mental debt questions, with readjust- ment by treaties.” A serious likeli- considered here is ations sentiment may y organized in Ger- re the immediate up- et of any German government which If Business Picks Up If economic conditions in Germany and the rest of the world are but ghtly improved by the end of next it will be argued that although th asons for the moratorium still ‘old good the respite’ has been insuf- nd must be prolonged. Any alleviation of the world-wide ‘her hand is likely ral desire for a ion of business attained by the same 5 well as a fear that re- sumption of payments on the old bas- is might throw the world right back slump. Proponents of cancel- of both debts and reparations ed to be more vociferous in as been pointed out that the de- m about what shall be done in the roposed moratorium about the time a ign begins in this ‘y and that politicians will fear end sympathizers with Ger- But the fear of taking any course which bears the least. possibil- ity of causing panicky conditions or a setback in business will be the most potent factor in Washington. AE eee | Stickler Solution 1 ———— IF the leet of boats be anchored as shown above, and the torpedo ships ar- ranged as indicated by the numbers, as many as 10 ships can be sunk, m the die tection and order of the artows and num bers. Each torpedo passes under three ships and,sinks the fourth. 4 SIDE GLANCES By George Clark | ~ SHADOW ee eaaaand IF BM GOT ANY KICK OUT OF BREAKING POOR TOM CARR = HE GoT A WORSE KICK WHEN HE READ THE ANNOUNCEMENT, OF ‘TOM'S ENGAGEMENT ‘To MENRIETTA- aanaaoneer NE 1S BEYOND CONTROL— RAVING MAD~- NO, | OCON'T WANT NOU TO q GO OVER THERE / rooaN, - = SKeezix. fe t = PROVEN RAITHLE SS~ 8 AND ! H DESPISE YoU~ THE GUMPS—THE JILTED LOVER TO BIMBO FROM NEAVEN EYES ~ | WOULDN'T NAVE YOUR PICTURE IN MY NOUSE= You ARE A NYPOCRITE> WALT BE HOUS:! AWAY ‘iD 1 WAS TO MAN OF THE WHILE HE WAS AN' HE DIDN'T TO ASK ANNBODY \\ HAVE si j\aeoor GOIN’ ANNWHERE. C'NON FELLAS... LETS GO OUTSIDE AND GET SOME FRESH AIR BEFORE BREAKFAST: MOM’N POP WHAT SAPS NE “URNED OUT To BES YOU GANE ORY $15! SusT Gwe \ GO OUTA THIS YARD. { eux RACHEL, UNCLE NOU 0O UKE LORA SANS. DON'T 1 GOTTA STAN. WELL, YOU KIDS ARE PRETTY EARLY RISERS FoR CITY KIDS... THATS TH WAY I Like To Me? way CHICK, HAS THE AUNT HANNAH HEAT GOT You?]]GINE US 6 A WHAT'S ALL THE STATIC ABOUT PUNKO SOLO Madame SINGING M/1G0sH, SAM, WHAT LUNGS SHE'S GoT! (‘4 JUsT GONNA ‘TIME THAT OLD CHAIR GENUINE WINDSOR 1 AND WoRTH $75 ¢ ~ ye oe | AMA WHAT PINE | {THAT'S WHAT IWwASA 4 | AIR Youve oT | 71 - UP HERE... SO THINI MUCH FRESHER |My THIS MORNIN THAN IN THE fF Seventy-Five Bucks! WORTH SEVENTY- FIVE CENTS , EVEN! SEVENTY-FIVE DOLLARS! OH, DON'T BE Sittr!! AUNT HANNAH WOULDNT PART WITH ANYTHING SAYS You! BUT THE ANTIQUE STORE SAYS SOMETHING ELSE AGAIN! THEVLL ForK OvEeR $15 FOR EVERYONE T CAN FIND LKE IT That’s Long Enough! Jumpin' Tubes / THREE MINUTES! )HUH! THAT: 1 NEVER HEARD OF ANY ONE HOLOING- A NOTE, THAT Lone / NUTHIN’ / "'Ve HELO ONE LONGER. AMS pry Fi WHAT ON FALSE AS THAT HORIZON'S FAIR DECEIT = WHERE NEAVEN, AND EARTH. BUT It'S NO FUN TO BE THE MAN OF THE HOUSE IF YOU'RE GOIN’ XO BE BOSSED AROUND BY A BUNCH OF '{ WHY AIN'T ALL “THEM BIG CITIES BUILT OUT IN ‘YES~AND HE SAID YOUR SKULL SHOULD NOTED-IF ANY’ = Fore TRADING (T OFF FORA. $3 KITCHEN STooL SEVENTY Five 8 GREMT GRIEF! Don't WGHT DO SOME- THING FOOLISH! HERES AN 1.0.U, ("VE HAD IN MY PockeT FoR Over six MoNTtHs!| TS Se a ae ae ee He eS > ee nae