Indianapolis Times, Volume 41, Number 122, Indianapolis, Marion County, 1 October 1929 — Page 2

PAGE 2

EUROPE BITES HAND OF U. S. AFTER IT EATS Even Belgium Vents Wrath Against America on Debt Payment. This Is th last of a sort** of six artlt!.* bv Miitoii Brenner. E sroncan nisnaeer for N'EA Service and The Tin-..", der.crlbins the European bar'seround of the approvhlnx Hoover-Mac-nor.aid conference on naval armament reduction. BY MILTON BRONNER MA Service Writer LONDON, Oct. I.—France is not the only country where our twin policies of war debt repayment and high protective tariff have aroused keen resentment, if not hostility. The echoes of it can be heard all over the world, even in Germany. For a time the latter country

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Helping Business “Live and let live” is a well-re-garded maxim of business life. Let us see how it relates to the railroads. 1 The railroads are not content that other lines of business shall merely; live. They want business to be prosperous, and through their service they help others to prosper. The present trend of the nation's business is an illustration. Few lines of business lack a measure of prosperity; most of them are doing better than ever before; the average is highly satisfactory. It is generally recognized that the progress of the railroads has contributed greatly to this favorable situation. There have been plenty of cars and locomotives and other facilities. The time of freight in transit has been reduced from weeks to days and from days to hours. Passenger trains have been speeded up. Schedules of all kinds are maintained with remarkable exactness. The improved speed and dependability of railway service have reduced inventories, stabilized prices and promoted regularity of supply and demand. The rule necessarily works both ways. The railroads must prosper in order to help other lines of business to prosper. Constructive criticism and suggestions are invited. L. A. DOWNS, President, Illinois Central System CHICAGO, October 1,1929.

the first ones to extend them a hand after the war was over. We sent over missions to feed the starving and clothe the naked. We invested our money and helped rebuild their shattered industries. We loaned their states and cities heap; of money. But feeling is oeginring to change Germans are beginning to feel that they are by way of being mortgaged to us. Even the level-headed Herr Stresemann. minister of foreign affairs, not long ago seemed to squint at the possibility that all good Europeans might have to make common cause against the rich United States. Belgium Is a country where Americans would expect to hear no hostile words. The immortal work of

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President Hoover in feeding the entire Belgian nation when the Germans conquered the country, would seem to have placed them under an eternal obligation of gratitude to the United States. Well, there is in Belgium a league for the defense of Belgian interests. Its official organ is “Llndustrie National.” Here is one of the bouquets it recency tossed in our direction: “Europe has to sell its labor, for it has to live first of all—and. in addition, it has to pay the debts it made in your country' during the war. Howdo you w-ish it to pay you, if you

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prevent it from living? How do you expect little Belgium to pay you its debts if you refuse to buy its cement, its glass and other trifles of less importance? “You say, ‘Little Belgium, pay us our debts.' “Uncle Sam, we esteem you very much, but if you persist in your projects—oh well we will not buy American products any more and we will not pay our debts.’’ Down in Italy it is the same story. Even when the papers discuss the recent meeting at The Hague, where the Young plan for German war

reparations was settled, America is dr: and in. “Is it worth while,” asks the editor of Lavoro, “for the Labor government to alienate all European peoples and divide the proletarian nations which are thristing for justice and tranquility, merely in order to attempt an alliance with a plutocratic nation like the United States, which has too much power, vitality and riches and is too certain of her future to seek an ally in her march to expansion?” Even Mussolini himself, in a special article written for a Paris

newspaper, squints at a customs un- | ion against us. And to cap it all. the “Osservatore Romano,” the organ of the Vatican, speaking of The Hague conference likens the British chancellor of the exchequer, Snow-den, to that Gaulish leader, Brennus, and the United States to Pontius Pilate. “The intransigeance of Brennus.” it says, “combined with the indifference of Pilate, can not but give the people a discouraging idea of justice.” There now are twenty-five British 1 air liners..

Typist In Contest B" Tim re Surrial EVANSVILLE, Ind.. Oct. I.—Miss Lucille Stumps of Evansville, is Indiana's representative in the International Typewriting contest being held at Toronto. Canada.

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