New-York tribune. [volume], June 06, 1919, Page 4, Image 4

About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

Image provided by: Library of Congress, Washington, DC

                
Europe Sits
On Knif e Edge,
Says Vanderlip
Diffieulties of Resiarting In
dustrly Almosi Unmeas
ured, He Tells Pan-Ameri?
can Business Conferenee
Schwab Asks Fair Play
Says Rieh Should Not Have
Liquor in Their Celiars
if Poor Cannot Have It
Nciv York Tribuna
Waskinaton Bureau
WASHINGTON, June 6.?Frank A.
Vanderlip and Charlcs M. Schwab told
the Pan-American Commcrcial Confer?
enee to-day that the old order had
passed. Mr. Schwab illuntrated his
view that the age of oquulity of oop
portunity has come by declaring that
he was for prohobition with one condi
tion, and that was that evorybody be
treated alike.
"I don't believe," he said, "in prohi
bition that will enable me or Mr. Van?
derlip or other rich men of the coun?
try to store their celiars with wines
and whiskeys for the rest of their livea
while ordinary people, who hav-r ? the
money, do without them. I believe ini
fair play for all. If we are going to
have something to drink, let's all have
it. If wc are not, let's al! be without
i It. I don't care which lt ls, but let us
j be consistent."
Mr. Vanderlip dweH on the changes
! in the whole world that the waf and
; its ?ffects ?n the people engagad ln lt
j havo wrought, quoting an English
statosmen as saying that England
mlght havo to export five or six million
workers.
Situatlon Is SerlouB
"Tho situation ln Europe is more
scrious than has been graspcd on this
; continc-nt, more serious Intiood than
been graspcd by a good many Europ
eana as yet, Superflcially, you would
see somothing liko a normal Europe if
you had been over the ground that I
have?London, living its grcet luxur
ious lifo aa uaual; Paris, much the
same. Superflcially, you might think
no grcater thing had huppenod to Eu?
rope. You might well bo excuacd after
soeing Europo if you Btilikhold the be
lief which I think most pooplo do hold
in tho United States tlint tho war is
over, that, of course, it has been a
great blow, that tlioro has been a sad
devastation, but that it is over, and
with the signing of peace Europo will
pretty rapidly tend back toward tho
normal, that there is a great indus?
trial, skillful people, that there are
great territories quite unharmed by the
war, that the hurt of tho war after
all is comparatively small, and that al!
that ia needed is a little time to bring
Europe back to pretty nearly its pre
war conditions. You in South America
expect to be trading with Europe, to
carry on financial and banking opera
tions with Europe much as before.
That Picture Not Truc
"Now that picture is not true. Eu?
rope has received such a shock from
the war as has not been measured by
those who have r.ccn it at close range,
but it is not that direct shock that con
cerns mc nearly as much as a greater
hurt, the hurt of disorder, industrially,
over that continent, a disorder so
great that industry is in a large meas
ure paraiysed. Men in great numbers
I are idle. The difflculties of restartlng
I the industrial cycle are almost ufl
: measured, and the consequenceB that
; will floW from continual idleness and
? want and hungef from revolution which
i will follow en that comblnation if it
; lasts long enough, those are conse
quenccs that will involve two hemi
; spheres! they cannot be conflned to
! ono should they occur.
"Now don t understand me as pre
; dicting a conflagration in Europo, I
don't be'.levo there Is to be puch a
conflagration, but I believe Europe is
; balancing on fl knife adge.
"I think it can be saved I think aid
? can be given to those European states
that will help them rcstart industrially,
| that will help their. put their people at
j work, and no one can save Europe but.
: European peop% They can't be saved
? in idleness, they must be saved by the
I sweat of their brow and labor.
Opportunlty and Responsibility
"Now the United State3, I think, is
going to occupy such a positicn ns no
nation in all time evor occupicd before
tho world?a posi'.ion of opportunity
and of responsibility. *'o are going
to be the great reservoir of the capital
: of the world. Wo are going to be,
jclong with you to the south of us,
tho great storehouso of raw materials,
I of food products.
"Europe can't li've escep; on indus
try, with its present population. She
: is r.ot in tho happy situation that all
of the countries ehre are in. A re
. sponsible mlnister in England said to
me that if the industries of Europe
are not epeedily restartod, then the
job of this government is goiriti' to be
to export nve or six million English
men to placcs ncarer the source of
food supply.
"There is no need of giving in char
1 ity. Europe can't be supportcd in
: Charity. That is not the way to do
it. Neither would I have governments
I further loan to governments. I have
discovered this, that a loan by a gov
ernment to another government comeg
to be regfarded ln ratber a different
light from that Irt which obllgations
are usually regarded. At lea9b the
! loans of this government to the Eu
!?opean govemments have so como to
I rje regarded,
"There is a prot^y general Idr-a,
, a eurprlslngly general idea, that we
| ought to forego the loans that we have
1 granted in th? war, I would not add
1 to these, I would not add to the ques?
tion thnt will hnng nround thoso loans
; in the future. I believe a security can
, bc creatcd that will be good because
; it shoujd be n first mortgogo upon the
j customs of tho borrowing nations."
Bihwab's Faith in South
Mr. Schwab (said that ho thought tho
great futuro devblopmcnt of the Unlt
| ed States Was going to bo on tho oast
: coaoti
i "Wo must dopond upon our friends
! in South America," ho said, "for the
raw matoriala to mako tho East the
succoEsfvl stool manufacturlng ccnter
i of tho United States, and bo much con
; tidenco havo I and my company in the
; honorablo intentions and treatment of
! American capital that I am rlsking my
all?my fortune, my reputatlon, my
' company?upon tha basis of Kccuring
tho raw oupplios of ore and other ma
torials from our South American re
publics.
"I havo recently, as many of you
: know, opened at very great expense in
1 Chile, on the west coast of South
| America, the largest docks and ship
ping facilities in South America. I
have now under construction and un
; der way twenty of the largest cargo
?? ships that have ever been built, to
| carry 20,000 tons of iron ore in each
cargo, to ply between the west coast
of South America and the eastcrn
j ports of the United States.
Anxious for Cobperation
"We here are Just as anxious, and
more anxious, pcrhnps, for your com
Some of the New York Firms Which Give the
Preference to Secretaries, Stenographers and
Typists Who Know How to Use The Dictaphone
The Aeolian Company . . 29 West 42d St.
Alexander Hamilton Institute . 13 Astor Place
The American Law Book Co. . 80 Maiden Lane
The Associated Blue Book Publications,
243 West 39th St.
Atlantic Terra Cotta Co. . . 1 1 70 Broadway
Austin, Baldwin & Co., Inc. . 44 Whitehall St.
George Batten Company, Inc, 381 Fourth Ave.
H. D. Best Co.5th Ave. and 23rd St
The Brooklyn Daily Eagle . . Brooklyn, N. Y.
The Bruner Woolen Company . 395 4th Ave.
The John Budd Company . 171 Madison Ave.
Business Training Corporation,
185 Madison Ave.
Cluett, Peabody & Co., Inc. . 385 Fourth Ave.
Gorn Products Refming Company, 1 7 Battery Pl.
The Credit Clearing House . 440 Fourth Ave.
Credit Insurance Adjustment Co., 92 William St.
J. B. Crockett Company, Inc. . 44 Whitehall St.
The Crowell Publishing Co., 381 Fourth Ave.
Davis & Lawrence Co. . 1 0 Christopher St.
Debevoisc-Anderscn Co., Inc., 56 Liberty St.
Eberhard Faber, American Manufacturer,
30 Greenpoint Ave., Brooklyn, N. Y.
Emexson Phonograph Company, Inc,
3 West 35th St.
Endicott, Johnson & Co. . .
Peter A. Frasse & Co.t Inc .
Joseph Froggatt & Co., Inc
Fulton Bag & Cotton Mills, Inc.
Funk & Wagnails Company
Robert Gair Company
The General Fireproofing Co.
General Optical Company, Inc,
Mount Vernon, N. Y.
Globe Indemnity Company . 45 William St.
Great American Insurance Co. . 1 Liberty St.
The Great Atlantic & Pacific Tea Co.,
Jersey City, N. J.
Great Eastern Casualty Company . 55 John St.
Holeproof Hosiery Co. . . 1107 Broadway
Hyatt Roller Bearing Co. . 1 Madison Ave.
55 Hudson St.
. 417CanalSt.
25 Church St.
Brooklyn, N. Y.
354 Fourth Ave.
Brooklyn, N. Y.
395 Broadway
International Paper Company . 30 Broad St
International Tailoring Co., Inc, 97 Houston St.
Johnston Overseas Service?Advertising,
277 Broadway
Jones & Baker.50 Broad St.
S. Karpen & Bros. . 37th St. and Broadway
Lamont Corliss & Co. . . 131 Hudson St.
Francis H. Leggett & Company,
27th St. and Hudson River
McGraw-Hill Company, Inc,
36th St. and 10th Ave.
The Magazine of Wall Street . 42 Broadway
Manning, Maxwcll & Moore, 1 19 West 40th St.
Manufacturers' Prolective Association,
288 Fourth Ave.
Metropolitan Life Insurance Company,
Fourth Ave. and 23rd St.
The Motor Car Equipment Co., 21 W. 62nd St.
Munn & Jenkins, Inc, 434 N. Y. Produce Ex.
The Munro & Harford Company, 4! 6 W. 33d St.
National Hre Proohng Cornpanv, Flatiron Bldg.
Nev; Era Mfg. Co. . . . 450 Fourth Ave.
Oxford University Press . 35 West 32nd St.
Henry W. Peabody & Co. . . . 17 State St.
Phelps Dodge Corporation (Purchasing Dept.)
99 John St.
Pictorial Review .... 222 West 39th St.
Polack Tyre & Rubb-r Co., B'wav and 62nd St.
Charles M. Russell .... 50 Church St.
Sargent 6c Co.94 Center St.
Shepard Elect'c Crane & Ploist Co., 30 Church St.
Society of Automotive Engineers, 29 W. 39th St.
L. Sonneborn Sons, Inc. . . . 262 Pearl St.
S. S. Stafford, Inc . . 603 Washington St.
Standard LInderground Cable Co., 50 Church St.
The Traveleri; Insurance Co., 30 East 42nd St.
Turner, Halsey Company . 62 Leonard St.
Union Tank Line Co. . . 21 East 40th St.
The Vogue Company
David Williams Co.
J. H. Williams & Co. . .
The Yale & Towne Mfg. Co.
9 West 44th St.
239 W. 39th St.
Brooklyn, N. Y.
. 9 East 40th St.
nECALSE they know that The Dictaphone is the most modern and convenient way to
LJ get the daily mail down the mail-chute. Its always-ready convenience saves so much
time that each c^ecutivc's desk is cleared much earlier in the day. Thur. hc has more time
to think and plan and Jook after his health, and his secretary. or stenographer has rnore op
portunity to do her work comfortably before closing time. and wilhout those nerve-strain
ing interruptiona.
r% 1 lfky?U ^/?U!<J Vl^cr? ^jT Dlcio?K?ne 9P"atin*' phone or wite *? The Dictaphone
(telephone Worth 7250; address 280 Broadway), or to any of the following New York
scnools, which give Dictaphone Courses:
ROSE L. FRTT7. SCHOOL
MERCHANTS & BANKERSSCHOOL
QUEENSBORO COMMERCIAL SCHOOI
EAS7 NEW YORK BUSINESS SCHOOL
DtWITT CLINTON HIGH SCHOOL
JULIA R1CHMAN HIGH SCHOOL
WHITE PLAINS BUSINESS SCHOOL
'THE SCUDDER SCHOOL EASTMAN GAINES SCHOOL
,'A!o. !\L.LLS SCH?OL DRAKE BUSINESS SCHOOL
BA5^V 7- W" C' A- BRONX BUSINESS INSTITUTE
Y. W. II. A. PLAZA BUSINESS SCHOOI
NEWTON HIGH SCHOOL BIRD'S BUSINESS INSTITUTE
LAMI3'3 SCHOOL BUSHWICK BUSINESS" SCHOOL
CAPL OBRILN SCHOOL COMMLRCE HIGH SCHOOL
THE
fcI?WAVi
tlfMUnvLirff^l^Mltl
Thmr* tt *?? onj CHctaphona. tradmmmrkmd "Th* DU&aphcxy,"
mmmm mtid mirchandiiad by (A* Catumbtm Crarhophmn* Cvmpan*.
plete coSpefatlon &a you may be anx?
ious for e*Jr coSperntion, We realizo
that mutual fairness must prevail for
the sucftessful outcome of this i.usl
nes.?. I have never hnd any but the
pleasantest, the most straight-forward
and the happiest outcomo to al! the
business that I have over done in South
America with our friends'in tho south,
and I arfl not frr.id to risk ar.ything
that may develop ln that Iine in the
future."
In presentlng a paper on Pan-Araer
ican journnlism Horbert S. Houston, of
New York, proposed n resolution to the
olfoct that a committee of journallsts,
reprosenting all tho nations of the Pan
American union, be appointed to deal
with German and all anti-American
propaganda, Ho proposed that the
committee bo called the Vigilnnce Com
mittee on Democratic Informatlon Mt
Houston announced that he had bcon
commisrioned by Prosident D'Arcy, of
tho Associated Advertising Clubs of
America, to say that the vigilance com?
mittee of the clubs would investigate
without chajrgc any* responsible com
nlaint of tir.rciiable advertising or of
unfair dcaling brought against any
North American exportcr.
No Bettcr Than Worst
Referring to a romark made by the
late V/alter Page IIinc3 thnt no pub
lication was better than its worst ad
vertisement, Mr. Houston advised
Lntin-Amcrican journalist.^ to follow
the example of their North American
b'ethrcn and bar from their columns
all announcoments that offend against
good taste or are not suitable for the
domestic circle. Special reference was
made to objcctionable medical adver?
tising.
Percival Farquhar, of New York, a
dominant figure in South American
railroad devclopment, spoke of the dif
flculty of railway building on that con
tinent. Owing to a desire to build as
cheaply as possible the trunk lines
there had been built largely along the
crests of watersheds instead of along
valleys, which made it impossible for
them adequately to serve increased
traffic. Another handicap of South
American railways was the high cost
of fuel, which in the past has chiefly
been in the form of coal imported
from Wales.
Juan Rojo, Mexican Charge d'Af
faires, remarked that while he sup
posed everybody had read Speakcr
Gillett's "second bombshell" on the
Mexican situation, he would not talk
about it, but about industrial develop
ment. He declared that the Mexican
government was making every effort
to cultivate trade relations with the
United States.
Charge Italy's War
Aims Are Assailed
In Schools Denied
Syllabi Cited by Grady to
Show No Asscrtion Is
Made That Nation Joined
Allies to Gain Territory
In a series of letters to Governor
Smith, Mayor Hylan atid the Board of
Education, made -public" yestern*ay, the
Federation of Italo-Afnerican Irre
dentist Associations charges the the
board with teaching the school chil?
dren of the city that Italy entered the
war on the sido of the Allies because
she feared for her territory.
The letter3 are signcd by Alexander
Oldrini, chairman of the association,
who asserts the following is taught
about Italy's part in the war: "Italy?
Before tho war she was under a treaty
to support Germany and Austria, but
she remaincd ncutral. Later she en?
tered on tho side of the Allies because
she feared for her territory."
Syllabi Dlsprove Charge
When this was called to the atten
tion of William E. Grady, chief assist
ant to Superintendent Ettinger, he
said a careful search of the three offi
cial war syllabi used in the schools
failed to disclose any such sentiments,
but, on the contrary, Italy's part in
the war is constantly praised, and her
idealism is given vcry much promi
nence as follows:
"Italy had been an ally of Germany
and Austria, pledged to aid them if
they were attacked. She realized
clearly, however, that these two coun
tries were not waging a defensive war
and refused to side with them. In
May, 1915, she entered tho war against
tho Central Powers. She made suc
cessful advances Into Austrian terri?
tory, but later was driven back by the
Austrians and Germans and forced to
yicld her ?ains."
Mr. Grady pointed out in another
book that is used in the schols the fol?
lowing: "Italy wanted peace, but she
entered the war after refusing to join
her allies in the 'triplo alllanco' with
Germany and Austria in a war which
ehc believed inexcusable. By not join
ing with them and by remaining ncu?
tral, she made it unnecessary for
France and Grent Britain to keep an
army on the Italian frontier. Later,
May 24, 1915, Italy declared war
against Germany and Austria on the
ground that her oafety and her peo
plo's belief in self-govemmont and fair
dealir.g required her to do so."
Board Rendy to Investigate
Theso execrpts, Mr. Grady suggested,
were only n few among many, and he
said the statement atlributed by the
Italian Association to the board was
clearly a mistako, but if tho associa?
tion could show where the informa
tinn was obtained the board would in?
vestigate.
Mario Schiesari, the general eecre
tary of the Italian Association, saiiT
tho statement had been handed to a
ptipil on a typewritton sheet by his
teacher, with tho comment on Italy ob
jected to.
Ho said that tho teacher Baid when
protosts were mado to her that she had
received the typewritten Byllabus from
tho Board of Education, and that all
complaints would havo to bo addressed
to it. He added that when ho learned
whoro tho school was located and se
cured tho toacher's namo ho would
turn over that Information to the
board.
Prison $ 1.000,000 Short
i
Auditors Report Property Miss
ing and Records Burned
LANKING, Mich., Juno 5.?-A short?
age of upward of $1,000,000 ln the ac
counts of Jnckson Prlaon has been
discovcrod, aceording to a report made
to-dny by tho Detroit, Trust Company
to the stnto Logialuturo.
Tho trust company, which conducted
un audlt of prison affalrs, reports that
much property has diaappeurod, many
lnvolees ara mlaalng, some records
burned and others torn out of record
books und not repluccd.
Every manufacturer ol cigarettes admits that putf
Tairkish is the Mildest and Best tobaceo for cigarettes.
Why, then, is any other kind o! tobacco ever used?
Only to cheapen the cost. ;
Thafs why "bundle" cigarettes are so pientiful i?
Quantity?-but so "different" in Quality!
Heimar are 100^ pure Turldsh?and Quality Superfc
mdlj^pluinQ^es'uiMM