Evening Star Newspaper, November 29, 1921, Page 5

j 5 mr=————""\IANTS WARDEBTS i E — e ercoas | USEDTOAIDEUROPE ['4- .Christmas B8 Greeting F. A. Vanderlip Urges Putting wdet your signature be en. | Billions Allies Owe U. S. @raved on any one of the hun- Into Rehabilitation. dreds of good-wish cards—in | 7 : y the Associated Press. the design you like best. NEW YORK. November 29.—Recog- ¥ nition by the alliés of their eleven- ! Our present stock billion-dollar debt to America as a L of **Yuletide’’ 1just debt, agreement by, this country P to easy payments and the money thus ards offers a repaid to be used in rehabilitating Europe, was ;a plan proposed last night by Frank A. Vanderlip, New York banker, for settling the obliga- tions of the war. Mr. Vanderlip, who returned recent- 1y from Europe, where he made &n exhaustive study of economic corgl. tions, spoke before the Economic Club. He sald he had discussed the debt with the leading responsible complete and va- ried assortment. A card to fit every personality, rela- tion and age—so you are assured of finding just the Eovernment ministers and financlers 0 urope and nearly every mnation Verse and Paper admitted Inabllity to pay. = 6 United tates wou! e hurt as Stock to suit your much by the rapid receipt of payment in the form of goods, the oply possi- ble form of payment in view of the demoralization of foreign exchange, he said, as the allied debtors would be harmed in making the payment. Discuss Forms of Payments. “The full consequences Wwould be profound,” he said, “if the payments could be made and were made With any degree of promptness. We need not look further than to contemplate merely the receipt of $500,000,000 a year of interest. If that came in the form of goods, our industrial situa- tion would be upset in & way and to an extent we have not heretofore ex- perienced. The effect upon our labor situation and the consequent social problems which would be realized would be menacing.” As the first postulate in his plan, Mr. Vanderlip said he would lay down the principle that the allied debt was a just dept, legally and morally, and whether it could be paid or not, it should be cheerfully and gratefuily acknowledged as a just debt. “Next, 1 would want America to be both an intelligent and a lenient creditor,” he continued. “Terms of payment ought to be adapted to the means of our debtors. In that re- spect we should take the action of the allies in fixing the terms of the indemnity as an example to be avoid- ed rather than followed. “The crux of my plan would lle in the disposition of the payments. “I would have America make a beau- jeste; a grand gesture in interna- tional relationships. While demand- ing that the payment be made, I would have America say that she is prepared for the present to forego the receipt of it.” How to Dispose of Money. Concerning what should be done with the money paid back, Mr. Van- derlip said: “I would like to see every dollar individual taste. ! we are able to war- N ou’) rant a definite time ! when cards engraved will be completed—later, it will not be : s0 easy. SELECT NOW—and you will suffer no disappoint- ment. : We have facilities for ad- “Washington—The Most Livabdle o City in America” NE’S mental state determines every- thing. How much ... better is the mental condition of the man or woman who owns the Home in which they live? tbat can ever be paid to us by our debtors for years to come, devoted to the rehabilitation of European civili- zation. It is only through such re- habilitation that these debts can ever conceivably be paid. It is _enly through the rehabilitation of Euro- pean civilization that America can | ever conceivably realize in full meas- {ure her destiny or can expect a full measure of prosperity for her people. He believed a plan for the develop- | ment of eastern Europe could be laid jout, he said, comparable to the vision |our forefathers had when the latent | possibilities of our great west were unfolded to their minds. “Everything the war has cost,” he added; “everything an unwise peace !is costing, can be recompensed, and ibeyond that a great economic margin created, if eastern Europe can be put in orde: !to handle its own probleris if the | people of eastern Europe can be made |to comprehend thelr economic unity, ==—1lif they can be brought to understand If you keep in touch with our ads in the “FOR SALE Columns,” you'll find listed the best “buys” in town and any one of them can be “financed” conveniently. 1405 Eye Street NW. Mo S . 5 For Rogers Silverware In Every One-Pound Package of " Rosslyn’s All-Pork Sausage Meat - Made in “Old Virginia” Deliciously Seasoned—Made From Selected. Pigs Rosslyn Packing Co., Rosslyn, V4. * All Products Government Inspected -Regular Camel \ for Ink Gn;urh?aamad«u"w&rl 2. 215 E. Fayette St,, Baltimore, Md. ; S DUNDLPEN COMPANY, 300 MADISON AVENUS, NEW YORK can be helped and led wisely |- 7 7 . EVENING STAR, WASHINGTON, THE D. C, TUESDAY, NOVEMBER 29, 1921. that in the welfare of all nations lies the highest prosperity of each.” To a program of this kind, he de- <l he would devote for manv years every dollar this country could get of the alljed debt. Decision Not Irrevocable. “We need mot make an irrevocable decision when we embark on this program. For a good many years 1 . STRICTLY IN CONFIDENCE believe it would be’ wise for us to devote all ‘we recelve to such pur-| The time was in the early hours poses as I have suggested. Jtisentire- |Of & new day; the place was the|toet whisp MY FAVORITE STORIES RY IRVIN S. COBB. with the air of one imparting a se- cret addressed the cierk in a husky 1y possible, however, that there would | lobby of a hotel on & downtown side come such economic restoration that & t you mush know, my room’s on the end a considerable part, con. |Street in New York; the principal|fire!" celvably nearly all of the principal, |Character wis a well dressed gentle- | (Copyright,1921, by Central Press Association.) might be paid to us. Interest money |man In an alcoholic fog, who had at we loaned and re-loaned for|come’in and registered for the night economic development would be con- verted from the original obligation a lewd minutes earlier. Now, half- ITALY WI_PAPERS- of the allies to obligations repre- (dreesed, he descended the stairway senting materlal properties which we | from the second floor nd stood Printers’ Murder Protest Causes reted And BrOD DLy B ments o¢ | sWaying slightly in front of the desk. Almost Complete Tie-Up. those countries where this economic | “Mish’ Night Clerk,” he sald politely development took place. The time|put thickly, “Ill 'ave requesh you ROME, November 28.—The strike of might come when we would cease to t a the printers’ unlon .as a protest T Thers “onens revolving. credits | Simme *noszer room.” against the killing by fascistl at for Europe an economic develop- | “Well, sir,” stated the clerk, “we're] 3 B N void vl |2 tiiar pitt crovded 1 Gont know, [ ot ot (he Byposanncre Unlon. e e & Tor ua €0 do 80, Then - lett virtually the whole of Italy with- be further need for us to o e0- 1o s, | Whether I could shitt you immediate- out newspapers today. The heads of “I am firmly convinced that in the|ly. It's pretty late, you know.” ;::ebtl::‘lll;m ‘l;n‘l’oexé‘dl:elgn a' flte;ln‘ g s ur- 3 catasirophe _the war ‘Mish’ Night Clerk,” sald the guest|cner (On SN THe Caken. h rought there has been created a * obportunity which could never other- % & ”“‘:“"‘;":"m:‘: _::""“:"l‘_z‘;’m re ush gimme ‘nozser room - | EXPLOSION KILLS FOUR. || able?” parleyed the functionary. FULTON, Miss., November 29.—Four Teading to a position| “Sheems be perfly so,” admitted the | men were killed and two seriously oan Enything Europe | transient. “Nev'less, mush ash be|injured by the explosion of a saw- moved 'mediately. mill boller at Eastman, near here. “Well, what's the matter with your| The dead are Connie Mayer, owner of room?” demanded the pestered clerk.|the mill;: Bunker Hall, Ben Jones and The stranger bent forward, and Condie Bullian, employes. Trieste last. week of Signor Miller, has ever known. Awakening Caused by War. The war has made a great awaken- ing in milllons of dormant minds. It is possible that newly awakened im- pulses, if they can be harnessed to the machinery of production and dis- tribution, can result in a great actual improvement of civilization. That awakening, those Impulses, are now || disconnected from any machinery of commerce, and they may all be lost in a decaying civilization. We can help to turn them to account. The possibililes that there are in society for realzing better conditions for all humanity are undreamed of. The op- portunity has arisen to make these possibilities realities. | we Insist to the letter upon our claim, our claim will in all probabil- ity never mie met. If we insist upon it selfishly we will realize in hatred, but not in cash. If we are generous and wisely generous, those claims can all be paid, and I believe will all be paid, and the good we do with them will mean more to us materially than anything we would conceiv- ably be parting with.” —_— “ Before the war practically all the Bermuda_onfon seeds planted in the Who!emondflmrinlbe_ncwhildingat 804 17th Street N.W. One of the most prominent locations in the city. Large bright rooms, hardwood floors and trim. Hot-water heat; electric lights. @ Entire front of plate glass. Benefit derived from window advertising is ‘worth one-half the rent asked. OPEN FOR INSPECTION STONE & FAIRFAX Suite 911, Union Trust Building 2739 Macomb Street OPEN FOR INSPECTION W. C. AND A. N. MILLER Exclusive Agents 1342 New York Avenue N. W. TUnited States came from the Canary Islands. OIN OUR CHRISTMAS SAVINGS Start Today! THER”E’S A CLASS FOR EVERY POCKETBOOK "MONEY GROW The Savings Habit-Like the Snowball--Begins Srall and Grows Larger From Day to Day Jomn Now! STANDARD SAVINGY BANK Southeast Corner, Ninth and New York Ave. N. W. ‘CAPITAL & SURPLUS; $240,000.00 A. S. Gardiner, Pres. Wooded lot, 96x90 feet, overlooking Klingle Ford Valley, and only one-half block from Connecticut Avenue Car Line. Eight rooms and bath; stucco with slate roof; house completely cquippzd with screens; weatherstrips and awnings; hot-water heat and electric lights. December 16th. Possession Main 1790