CALL TO AMERICA.

Taranaki Daily News, 4 September 1922, Page 5

CALL TO AMERICA.

EUROPE WANTS HELP, ISOLATION SHOULD END. DISTRESS OF FRANCE. By Telegraph.—Press Assn.—Copyright. Received Sept. 3, 11.5 p.m. London, September 1. Mr. J. M. Cox, a former Governor of Ohio, addressing the American Luncheon Club, declared that France’s condition was worse than France indicated. He, however, was an optimist and thought . that things would work out all right, ' provided European statesmen would I meet their task with the same vigij lance and fidelity as heretofore. The • backbone of France lay in the sanity iof the peasant public opinion. She had I raised enormous sums internally on a ■ promise that liability would eventually be met by German indemnities. Unless the question of reparations was settled j there would be economic collapse, and ■ the franc would follow the mark. Mr. Cox paid a tribute to the German president (Herr Ebert) and the Chancellor (Herr Wirth). Germany had been living on the sale of marks in America and England. Before the war Germany’s’ trade balances were against I her. and -now there was an enormous three and a half billion dollars’ worth of marks held in foreign countries. It was time that the voice of America was heard and she took a share in the policy of international concern. No hermit ever did any good in the world. America was a child of Europe; let her make contribution in common gratitude to the recuperation of Europe. The confusion in Europe had been contributed to by the American policy of isolation. and there could be no permanent readjustment of European civilisation until America was part of the general equation. He was sure America’s decision as to the proper thing for Europe to do would be acquiesced in by France and Germany and all the interested hat ; ons. Americans were, perhaps. inclined to blame France for her militarism, but let them remember that as America had not made good in the matter of guaranteeing the security of France until «he did so, it was bad grace for her to blame France fori taking steps she would not have done if the tripartite agreement had not been denounced by the United States. —Aus.N.Z. Cable Assn. PARTICIPATION LIKELY. HINT BY THE PRESIDENT. Received Sept. 3, 11.5 p.m. Washington. September 2. , White House announces that President Harding is greatly pleased by the toleration shown by the French acceptance of the Reparation Commission’s plan to suspend the remaining German pavments for 1922. He practically promises active participation by the United States in the settlement of European financial and economic problems whenever European statesmen agree that such aid will be most effective. —Aus.-N.Z. Cable Assn.