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First to Last?the Truth: News, Edi? torials?Advertisement? Memlxsr of the An.?it "Pun-su r>f Otrxnilntipn?. TUESDAY, DECEMBER 20, 1921 <***-ntKt by New Torfc T-lhune Tue . - New Tt?l '"Vrporat'on. Putdbhcd dally. Os**)?"* Rr-'1- ???** dent: O. Tesrnot Roper?, Vtee-PiwtMwt! H***.?*** Urttrcrs ReM. ?--v-etar*-; It. K. M-.-UVM. Tr-aMirer. Addr-wi. Trttmn? BiiiU!**--*. 1*4 Nwsau Street. New Tetk. Te'.<Th<*--e. TlrVitian ?000. ""rBSfRrPTIilN KATES ? Br mat",. tm**i idling rosta*?. IN" Till- VMTK?> STATES: On? Sb One ft- Msll. P08tp_kL Tw Mnntha Mpntli nail- ?id Sur.d&j .$12.04 $U.OO $!.<><? O-.o week. Wo. O-ll? only . 10.00 S 00 Or-? week. ZSo. ?"iiii.lajr only . 100 ?.-5 ?jiiudior O?ily. Cmmil*. 6.00 8.?8 roRKiON rates Pa!*-* asd "*_-*dis--.1-6.0* ?1S SO ?3.40 Datl* wsly . 1? 40 -*?"? i? Puna*? only . 9.7S 6.1J .88 Entored it th? r^toffr?. ?t New Turk as SevonJ Ow M-'.'. Matter. GUARANTY You ***** mir-***,-!?:. mrrchMitlls? ?livertlsrd In THE TRIBUNE with -linel-te safety?for l( *Ujsatl*.fac ?lon results In any MM THE TRIBUNE iuar-in tees to Day your monry back lu?an reqtieat. No re?1 ta?.. No oulbb'inp. We make ocixl promptly II th? ad vert Is er dors not. \fBMBF.R OK THU ?kSSOClATED PRISS The Awodatsd Pwes is ?-"ru**"-"**. entlNc** to the use tot re*v.?b*k-??lon of ?ill news iUnr-.iu.i-?. credit?! to It M not otherwiio credited In tilla p*JXS*. ar.il e:*r> the local now? of ?ponUoeoU? n-icl'i Dubllshed herein All ShoTof whi_11c_Uoo of all other matter herein a'.s.* ?re *******er****d. i On a Back Track The first query raised by the pro? posal of the Meyer committee to scrap the Board of Estimate is, What is to be left for the Charter Re? vision Commission to do? Under the provisions of Chapter 343 of the laws of this year, the Governor was authorized to appoint a body of fifteen distinguished citizens to draft and submit to the Legislature a new charter. The Governor has acted. The commis? sion met and organised on Decem? ber 3. But before it has time to get to work along comes the Meyer committee with a recommendation which if adopted would revolution? ize the city's government. Why rush in with a hasty and necessarily not thoroughly digested conclusion? But even though the Meyer com? mittee had not beta practically superseded with respect to charter revision its proposal is not alluring. It would separate the executive and appropviative powers of the city government, it would croate a finance board of nine members, three elected every year, to have charge of the city's finances, to determine tax levies and make appropriations. In a word, the scheme is to go back to : ho old balance and check system, which our municipal reformers have struggled against for a generation. It would divide control and restore the conditions when no one could be held to responsibility. What New York needs is more rather than less centralization of authority. The borough and county governments, concessions to local sentiment, linger on and duplicate expenditures. But the Meyer com? mittee is apparently not interested in ending them. Instead of greater simplicity it would introduce com? plexity?would have a charter under which the power once possessed by the Board of Aldermer, would be vested in a Finance Board. The abolition of the Sinking Fund Commission, as proposed by the Meyer committee, is well enough by itself. It could with equal reason advocate the elimination of the City Chamberlain's office. Both the Sinking Fund Commission and the City Chamberlain are useless limbs and outward flourishes of the executive plant. 'Neither is worth its cost. But as to larger municipal mat? ters the greater the city the great?-*?* I the need for simple and direct I methods of administration. The f very politicians who the Meyer com? mittee thinks will be eliminated by its proposal would rejoice to see it put into effect. To them more boards mean more offices, ami more offices mean more opportunity to take care of themselves and their friends at the public's expense. Dealing With Co*mr.unists The information now coming out concerning the genesis of the Wall Street explosion, which hurled thir? ty-nine passersby into eternity, raises the old question: "How shall Communists be dealt with?" Taking advantage of the hill in public vigilance, the sentimentalists have resumed their parlor activities. Why be hard, they inquire, on the poor fellows who so love their fel? low creatures .that they would blow them up? Aren't they sincere don't they wish to make the world a more ideal one? Be tender of such. When this appeal fails and Com? munists are jailed, another one is; heard. It is that in their cases the ! sacred rights of speech or assemblage \ have been microscopically infringed on, and this, it is declared, is a ter? rible wrong. Wonderful solicitude for the law's, processes is displayed by those who are against all law. When juries exercise common sense, as juries are supposed to do, and decline to be fooled by technicali? ties, the sympathizers with a Com? munist defendant become the strict? est of legalists. But what is to be done with Com? munists? They should be treated like other enemies of the human spe? cies. Murderers in their hearts, with them there can ba no compromise. They advocate what ig called "direct action"?a practice which, when ?tripp?d of all its aliases and dis guise?,, is that one man may club another into subjection to his will. | This is not merely the negation of; civilization, but implies a return to the law of the jungle. A tigerish spirit can be met in the only way that has influence with a tiger. Our constitutions grant freedom of opinion and belief, but within limits whoso existence is taken fox granted. There is not freedom to believe in assassination, The fram? ers of our organic law did not mean to protect such a cult as that of the Old Man of the Mountain, under which secret murder was a merito? rious act. Nor did they mean to tolerate Communists of the L?nine school, who hold that it is within their right to kill all who do not slavishly accept their rule. M. Briand's Concession Secretary Hughes's frank and di? rect diplomatic methods have again brought results. Premier Briand, appealed to in London through Am? bassador Harvey, has consented to waive the recent French capital ship building proposals, which would have vitiated the 5-5-3 ratio. France, it is announced, will accept a per? centage of 1.70, allowing Italy 1.68. The French government deserwes much credit for a prompt concur? rence, which saved the naval limita? tion situation at Washington. M. Briand, on November 12 last, ac? cepted the Hughes limitation plan "in principle." But that plan con? tained a paragraph which read: "In view of certain extraordinary conditions due to the World War ;: frecting the existing strength of the navies of France and Italy, the United States does not consider necessary the discussion at this stage of the proceedings of the tonnage allowance of these nations, but proposes it be reserved for the later consideration of the confer? ence." j The French delegates were well within their rights in calling atten- j tion to the fact that the war had I compelled France to stop work in < 1914 on her naval building program | of 1912, and to suggest compensa tions based on these acknowledged "extraordinary conditions." The proposal to construct ten super-! dreadnoughts of 35,000 tons apiece ? was, however, in essence more of i a political gesture than an expr?s- j sion of military policy. Frenchmen i who were in a position to know said l after Mr. Hughes's plan was offered i that France didn't need more capi- j tal ships, but needed more fast ? cruisers and auxiliaries. The super- ? dreadnought is a great deal less of a naval asset than it was when the I French naval program of 1912 was ; framed. Many naval experts hold ? that money spent on ten new ships I of this type for any navy would be ! largely wasted. M. Briand has shown a concilia- j tory and friendly spirit in answer? ing Mr. Hughes. He is a neighbor- ; ly statesman whose good will and cooperative spirit ought to be gen? erously reciprocated. His only great weakness is a tendency at times to over-bargain. Scraping Off the Yellow The ex-Kaiser has selected the ticklish moment when the Wirth: government is negotiating for rep? aration delays to raise the question of German war guilt. In his letter to Hindenburg ho tries to whitewash himself and at the same time to ex? cite prejudice against the republic, which in order to get peace at Paris was obliged to admit responsibility j for bringing on the war. The exile of Doom is far from the i heroic figure he thinks he is. He | seeks to excuse himself for bolting ; to Holland and for not submitting ' to trial on the issue of his own guilt i and the guilt of the imperial govern ; ment. "I cannot recognize the penal ; legal verdict of any earthly judge, [ be he never so high," says this still ' unshaken believer in his own divine right. That belief is useful to him : now, if only because it may help to I save his skin, Wihiam claims that he left the fatherland in November, 1918, solely because it wa3 represented to him that thus alone "would it be possible ?to obtain more favorable armistice conditions for our country and spare it bloody civil war." The fact is that he didn't abdicate volun? tarily or with any lofty patriotic intentions. The Prince Max of Baden government announced his abdication without even consulting him. It didn't care, apparently, whether he absconded or not. The generals at Spa told him that they couldn't insure his personal safety If he remained in Belgium, so lie started hot foot for the Holland frontier. This flight lie describes as "a sac? rifice" vainly made for Germany. The ex-Kaiser's disposition to make sacrifices for his country was limited to seeking personal safety outside its borders. He fought tiie republic for months to retain all his personal and family fortune and to make j good every claim he had en the tier man revenues. He withdrew all his portable wealth. Ho lived in luxury I in Holland while the German people faced food blockade conditions dur? ing the armistice. The reactionary politicians are glad to exploit the ex-Kaiser's lamenta? tions to their own advantage. They lu;to the peace treaty, although they knew that they couldn't break it if they came into power. But even they aro sufficiently conscious of William's yellow streak to admit the impossibility of his ever returning ? to the throne. "Waging Neutrality" In the January installment of the Pago letters being published in ? "World's Work" the curtain Is fur? ther lifted from pre-war mysteries. I The Washington Administration i came near to rushing this country \ into war with Great Britain. ? As early as October 3, 1914, Colo? nel House in a letter to Ambassador Page speaks of a dispatch which had been prepared by tho State De? partment which, if forwarded, ? "would have been almost a declara I tion of war," and that if "by any ! chance the newspapers had got hold | of It, as they so often get things | from our State Department, the greatest panic would have pre > vailed." This, at least, was the opinion of Sir Cecil Spring-Rice, the I British Ambassador at Washington, ? and Colonel House does not contra? dict his conclusion. Even as amend? ed the dispatch created a grave crisis. "The President," writes Mr. Page, his close friend, "started out with : the idea that it was a war brought on by many obscure causes?eco ! nomic and the like?and ho thus ' missed its whole meaning." He ? couldn't or wouldn't see that tho war , was "at bottom nothing but the ef? fort of the Berlin absolute monarch ! and his group to impose their will < on as large a part of the world as ' they could overrun." Mr. Wilson ! read "The New Republic." not wisely but too assiduously. Ho may be ac- j i quitted of having desired to assist ! Germany, but his early course had ? tho practical effect of helping Ger- j | many. Mr. Bryan, his Secretary of State, was a great advocate of peace, but he was politically conscious of the German and Irish votes. En-1 tangled, it took Mr. Wilson two and ! one-half years to disentangle him? self. The secret history now being un? folded explains many things that baffled the public. If the present rale of disclosure continues the his? torians will soon be equipped to enter final judgment. Sound was the popular instinct that was alarmed by the scattered bits of in? formation that came out during the first years of the war. To use the phrase of Mr. Page, it was necessary to "wage neutrality." The Disgrace of Bad Schools Children do not ask to be born. Neither do they ask to go to school. Unhappily, we cannot always com? pensate them for compulsory birth by surrounding them with comfort able living conditions. But we can make school, if not always delight? ful, at least comfortable and safe for them. Recently this has not been done in New York and, according to a re? port of an investigating committee of women, it is not being done. This committee has informed President Prall of the Board of Education that while some schools can show im? provement the buildings are still generally in bad condition. In only one of the schools criticized in a j previous report has there been an improvement in fire hazards. ' Twenty of the twenty-throe listed as ' i bad remained unchanged after the j j summer vacation. Even if the administration begins ; j work immediately upon the ninety 1 oi more new buildings promised in j ihe campaign they cannot be fin? ished before next fall. The only ! j ?.hing that can be done is to make I the present buildings safe and put | them in a condition that will not be a menace to the health of the children. , Taxpayers will not begrudge the money spent for this purpose if it is j ' intelligently spent and accomplishes its object. If only a part of the j children in the city can be sent to | school on full time these children at ! | least should be capably looked after. J Insufficient schools ave inexcusable. ! Schools in bad condition are a dis-; I grace. The election did not dispose ? | of the school problem. Conditions i become steadily worse. j | College Women and Marriage The college-bred woman of to-day : j does not shirk marriage and mother ? hood, says Dr. Thelberg, of Vassar. ' "She marries as naturally and in just a? large numbers as other girls | in her class and station. She has i | as many children as her non- j college friends." This is contrary | to the popular belief, but; Dr. Thel-I j berg, in her capacity of resident j physician and professor of physiol-j ogy and hygiene, has had ample op- j portunity during the last thirty-five j years to study this much-mooted; question. She admita that the first college! women generally did not marry, but | points out that they were much ! older than the freshmen of to-day j when they began their studies and ! had given up marriage as a future | prospect. So they went to college j to prepare for a career. They are Btill included in the statistics of to i dav, with the result that the per- j ? centasre of married women graduates i ! is lower than it would be were | i only statistics of the last decade j j considered. The fact that the collego women ' of an earlier day were not mar-! rying women had really nothing! to do with the college. In most cases they would not have been marrying women anyway. In? stead of repining and settling down into hopeless old maids, as they were expected to do, they reached out for rornethlng definite and worth while with which to occupy themselves. Tho colleges represented the oppor? tunity for self-development, grudg? ingly offered at first, to be sure, but tho bluestocking would not be daunted. Young women go to college now as young men do, not renouncing marriage, but putting it off to Its proper time. ?So far from casting marriage out of their reckoning, Vassar women prepare for it in their study of the problems of ma>" riago, maternity and the care of children. A Nicely Timed Crime Commissioner Enright was still on the rolling deep when robbers en? tered the Capitol Theater, held up the employees and made off with $10,000. Tho adage of "when the cat's away"-was thereby beau? tifully illustrated. The Commis? sioner is at his desk again. And burglaries and robberies and crimes of violence will of course cease, even as they ceased in times past, when he has announced the prac? tical non-existence of crime in the city. Of course there may be fifty or sixty highway robberies or bur? glaries or hold-ups every little while, as there have been at other times when the Commissioner was on the job?but nothing that you could call crime. Now and then, worn by his official duties, Mr. Enright is compelled to seek the recreation that is granted by an ocean voyage to the sunny isles of the West Indies. At such times it is well to look out. But when he is on duty a feeling of security descends on the citizens. They know if crimes are committed when he is here it is because he cannot help it. If bandit or bur? glar or hold-up man asked him for permission to commit a crime he would say "No! a thousand times no!'' Then, if they went, out and com? mitted the crime anyway?well, how could any reasonable person blame him for that? Future Footpath Ways Separate Thoroughfares Foreseen for Pedestrians and Autos To the Editor of The Tribune. Sir: Several letters have- appeared; recently in your columns voicing the plaint of both pedestrian and motorist. They all seem to have beaten around but failed to touch tho main point In | tho argument, which is this: During! the last twenty years we have brought to perfection many inventions which have passed into everyday use. One may cite the automobile, wireless teleg? raphy and the airplane as examples.; Mentally, however, we have failed to keep pace with such rapid development. This is demonstrated by th? gray haired young men and women on our streets and the crises of nervous breakdown and loss of memory filling our hospitals. Automobile accidents are yet another instance. One does not hear, as formerly, o? ghastly carnage where a modern bridge now supplants the old-fashioned crimi? nally negligent grade crossing. As long a3 pedestrians and automobiles occupy i he same street level accidents will occur. Unquestionably the futuro will either see certain streets set apart for each kind of traffic, or, what is moro likely, an elevated road for pedestri? ans. One cannot altogether blame the so called "jay walkers" either. Pedestrians antedato all other kinds of trailic by a few thousand years in the world's history, and, amazing though it may seem, there are still people who walk for pleasure and exercise! So far, no one has said what shall be done to the "jay drivers" who dai'y run past tho signals nt crossings unless an officer is there to enforce them. Tho traffic situation in New York City is sufficiently serious to warrant a co-operative conference between acknowledged experts on civic plan? ning and officers of such an institution as tho Automobile Club of America and this without delay. VICTORIA WILLIAMSON. New York, Dec. 18, 1921. Germans' Christmas Reading To the Editor of The Tribune. Sir: The following extract from "Th- London Times" of December 3 seems to indicate, that propaganda is now being spread in Germany by the old military clique: The first of two works recommended by a German publisher as "Christ? mas books for the German people" is entitled "What We Lave Lost," the frontispiece being a picture of Strasbourg Cathedral. The hook deals with Alsace-Lorraine, Eupen Malrnedy, Posnania, Silesia and Aus? tria, and the introduction is signed by Hindenburg. The second book bears the title "What the Enemy Has Done to Us," with the sub-title "The Book of the Brigands' Peace." Hindenburg, Ludendorff and Mack ensen have contributed articles. J. Englewood, N. J., Dec 17, ?021. Anagram To till- Editor of The Tribune. Sir: Eamon do Valera: Reveal a mad one. R. II. COWAN. Kitchener, Canada, Dec. 17, 1921. A Golden Silence (From Th.9 Chicago Daily Kews) Forty-one superfluous government publications have been suspended by the government and now the Creel era is nofhing hut a memory. The Tower "Think," write? Mr. II. 0. Wall?, in liis concluding article, "of tho morn? ings thut will sotne day come when men will wake to read In the papers of something botter than tho gr?nt E-6-3 wrangle, of tho starvation and disordor of half the world, of tho stupid sexual crime?' and greedy dishonesties com? mitted by tho adulta with the unde? veloped intelligence of vicious chil? dren, of suggestions of horrible plot? and design.?" against o?ir threadbnre se? curity, of tho dreary necessity for 'pre? paredness.' Think of a morning when tho newspaper has mainly good news? of fine things discovered, of fino things dono." What we think of when we read that expression of a dream far from impossible of achievement is whether Mr. Hearst's Boston American, which ii running the Wells pieces, will elide that paragraph. For In a world of such mornings, what would the Hearst papers do then, poor things? Tho Motorists' Bartlett Flow gently, sweet Apperson . . . I shot a Pierce Arrow into the air . . . Parking is Buch sweet sorrow. Oh, for a Dodge In some fast . . . The anark was a Bulck, yon see! Just for a Hupmobile Sedan ho left us. As *?he sat in her Wills Sainte Claire, Tho cop at tho crossing there Didn't do as he ort And smashed up a Dort As she sat in her Wills Sainte Claire. Or, if that should ?eem too violent, this? As she sat In her Kissel Kar, The man at the turnpike bar Nev?r asked for her license Or even for fl* cents, But waved on her Kissel Kar. S. M. ? ? ? In the bright Lexington of youth . . j Twinkle, twinkle Kissel Kar, j How I wonder where you are. .Did they take you near or far? i Twinkle, twinkle Kissel Kar. G. H. S. JR. ? * ? I am tho master of my Eight? I am tho captain of my Cole. T. CRABTREE. And. If motorcycles are not excluded, K. P. offers, "Loathe the poor Indian." But it transpires that the line about "t'other dear Chalmers" isn't ours at all, but Heloise's, and we printed it herein four years ago. And that line about the Mutsu and the Jeffsu was thought of by Neal R. O'Hara and printed by him in The Evening World a week before it appeared in this de? partment. If anybody else had done these things, we'd say it was no mere coincidence, but we happen to know we are blameless. Yesterday we caught oursclf driving with somewhat k>3s than our usual carefulness. It was, we analyzed, be? cause we were casting about for ad? ditions to Tho Motorists' Bartlett. That, wo thought, would be a poor ex? cuso to submit to the policeman who handed us a summons, or to Magis? trate House, or even to Magistrate Cobb, so we abandoned the pursuit of belles-lettres and concentrated on driv? ing. Still, if the Magistrate had said, "Can't you work in your office?" our reply would have been, "Well, Your Honor, it's far quieter and lonesorner driving in Fifth Avenue traffic.** Although the tax on theater passer, is to be rescinded on January 1, most of us have to pay our fares on tho subway, so it will continue to be de? batable, now and then, whether the evening was worth tho investment. There will be, we understand, a Xmas matinee of "Anna Xie." Fifty-two out of fifty-nine leading lawn tennis players, answering R. Nor? ria Williams'? question, said they were in favor of the seeded, or selected, as opposed to the blind draw in the na? tional championship. And still we j favor the blind draw and see no reason ? why Tilden and Johnston, ranking No. i 1 and No. 2, should not play their [ match in the first round if the draw so ! decrees. But the proposed law to make ten- ? nis players stop writing is one wo hope ; will pass. Its real motive, thinly dis? guised, is benevolent, the thought be hind it being that we don't, enjoy writ- | ing anyway, and that hereafter we may devote our entire time to the perfect? ing of our backhand drive. Now that the blind draw in tennis ! is about to be abolished, how about? I the query is directed to Mr. R. Clifford ? Black, Chairman of the Tennis Umpires ! Association?the annihilation of blind i linesmen? Wei!, we win our bet. The cupping referring to "the Hale brown guy," in j i! i. Turret of December 7. was sent to j Little, Brown & Co. by Albert Romeike i & Co., Inc. | Small wonder Keats was inspired to write his "Ode to a Grecian Vase.''? McCreery's advertisement. Small wonder he wasn't. Speaking of the egg's triumph, it was, we assume, a glorious victory for the lino-typer and the proofreader to make us refer to Shorwin Anderson in? stead of Sherwood Anderson. 1 hese cigar stores should put signs on their safes for the guidance of cracksmen?"Not To Be Opened Till Christmas." This is the wo?k when you tet tha ! kind of janitor and elevator service you pay for in your apartment house rental. To-morrow is the year's shortest day, and we're glad w? don't work ? u?i?lits any more. , F. P. A. BESIDES, IT DOESN'T LOOK ANYTHING LIKE THE LEAGUE? NATIONS '' '?opyrlKht, 1021, New York Tribune Inc. . . . ____ ? Germany's Financial Debauch French Analysis of the Progressive Depreciation of the Marl?? The Road to National Impoverishment By Roger Fougeray (From Le Figaro) Not a day passes but we hear vaunted the profits derived by Germany from her depreciated exchange. The mone? tary deterioration, it would seem, is an irresistible means of industrial and commercial expansion. M. Briand, in his speech at Saint Nazaire, seemed to lend to this hackneyed theory the sup? port of his high authority. It is even declared that by practicing inflation without limit and deliberately resign? ing themselves to the depreciation of their exchange our neighbors beyond tho Rhine have discovered and shown to others a way to real prosperity. If such were the intention of the leading minds of Berlin, and it were followed by success, nothing would be moro discouraging to those who seek in patient and arduous efforts the sub? stantial foundation of success. It is ex? pedient to examino the facts. Inflation The notes of the Reichsbank, not in? cluding substitutes, amounted at the end of 191S to over 22 milliards. They reached 75 milliards on June 30, 1920, and 91 milliards at the beginning of November, 1920. It is evident that the inflation, continued with a certain suc? cess during the war, has not since then ceased to develop, without any -serious effort to stop it. The fall of the mark shows a no less striking progression. From about 70 centimes the day following tho armi? stice it has fallen to 22 since the begin? ning of 1920. It must be recognized that the Reichsbank lias exerted itself in a meritorious way in combating this evil. On July 1, ]921?that ?3, eighteen months later?it still held the rate of exchange up to 16 centimes, but, after exhausting in this fight more than four milliard marks, it gave up the ?ame, and the mark fell dizzily down to the rate of'five centimes in the last few days. The amplitude and continuity of this decline brought into play to the utmost the famous bounty on exportation. The action of the Reich had worked in the same manner in retarding and lim? iting the compensating rise of domestic prices. Multiple subventions, the chief of which bore on food and transporta? tion, have been necessary to make tol? erable conditions of existente which otherwise would have become perfectly ruinous, and to permit the maintenance of salaries and the relatively moderate costs of production. Any gambling policy can be main? tained only by inflation. If the gov? ernment had pretended to pay the cost of this expansion through taxes the country would soon have perceived the deception practiced on it and would have rejected the policy. It was there? fore by the ever-increasing emission of banknotes that the state had to covei the enormous losses which it had itself assumed. Thus there arose from tin very efforts to palliate the natural con? sequences of the monetary indation ? new cause of depreciation, and the va? riance between the home and foreign market, which the economical laws tended to level, wa* artificially kept up Add to this that these absolutely unique conditions were offered to s vigorously organized Industry and commerce which had long since turned toward exportation, established upon a very rich sub-soil, having at their disposal skilled labor, an intact pro? duction and competitors, all of whom were weakened by the war. It is dif? ficult to conceive a more splendid oc? casion of proving the benefits of an exchange depreciation. Germany ought to have flooded the world with her products, beaten all former records, and promptly acquired a considerable credit balance. German exports in 1920 did not amount to one-third of the tonnage of 1913, nor, expressed in gold money, half of its value before tho war. The known results of 1921 are even more unfavorable; and far from striking a balance to its advantage, the compari? son of purchases and sales shows a deficit thnt becomes aggravated from month to month: 928,000,000 papei marks in May, 941,000,000 in June, 1, 368,000,000 in July, 2,735,000,000 in August. These, it will be said, are statistic made in Berlin. Are they invalidated by the information furnished from thc custom houses of the Allied countries! These questions are followed with in? tense interest. In a much agitatec meeting held the other day at White chapel the British Chancellor of the Exchequer declared that during th< first nine months of 1913 Great Brit ain received from Germany goods t? the value of ?58,000,000; in 1920 ?20, 000,000?that is, practically one-third and in 1921 ?15,000,000?i. e., a littl over one-fourth. And these unsatis factory results have been obtained i? a country that should have been par ticularly exposed to the "dumping o the exchango," because the leaders o British finance, in reducing expenses increasing the taxes and tightenini credit during many long months, hav more energetically than all other tended toward a return to a gold stand ard. A Ruinous System To tell the truth, there is in this paradox only in the eyes of super?ci: observers. Simple common sense e: plains it. Exportation is remunerati? only on account of the buying pow< which it procure? in the foreign ma kets. To sell abroad at low prices b? cause of the economy through labe being paid in paper money and the sa rifice imposed by the public treasui in view of lowering artificially the co of living is perhaps a means for son individuals to enrich themselves, b\ it is surely a system in which the who nation gets impoverished and final .-ices its power of production decrease. Since the end of October all sales foreigners have been interdicted in t! Rhineland. On November 17 the Mi ister of Public Economy demanded the Reichstag a general application this measure and denounced the inv sion of 121,000 Danes who had come carry away merchandise through t opportunities of the depreciated mai It will be well to await the develo ment of events and to be careful, such a complicated subject, not to foi lash conclusions. But is it not a liti too 30on to cite Germany to us as example and m air] ? More Truth Than Poetry By James J. Montague Poor Butterfly A ?dentist lias succeeded in exiendmf the life of a butterfly from ?oen dayt f? ttueni'j-frve. Time wa3 when from your chrys? alis You seared across the hills. You found delight, and tasted bMss, And knew ecstatic thrills. The work! was lovely to your gat? As you went winging by, For, though you lived but seven days, You were a butterfly 1 For you no love's ingratitude Or benefits forgot? The morning honey-dew yo_T food, The rose your fairy grot You fluttered round the rainbow*! rim Amid the scents of spring, And ciied before the dust gr-3***/ dim Upon your shining wing. But now, alas, comes envious man Most basely to contrive To lengthen your allotted span Of days to twenty-five. So you must Linger on the stnga Till life, once ireo and fair, Is turned by stern and chilling agi To sorrow and des] Three weeks! when one was quit? enough To flit through sun and shade, And feast upon the flli y stuff Of which delight is n ade. To wane, to droop, to fear th? cold, To view the world awry? A beaten thing, infirm and old, Alas! Poor butterfly! Merely a Bouquet America doesn't cue who write! the laws of tho nations so lorg as she can right their wrongs. Eventually? Sooner or later E,u bat"? to accept a policy of golden rule of ruin. Human Nature Most of us would ?a, .. inc i;8 tax with a lot better Errace if ?? didn't susnec-t our neighbor? ?' dodging theirs. (Copyright by James J. Monta**--*', Calendars for Prisoners To the Editor of The Tribune. Sir: The chaplain o? Clinton Prison, at Dannemora, N. Y., write? me ?--king for a supply of calendars to uted to the men in that prison. H? says: "I do not want to disappoint the men this year, as to many of them a calendar is the only remembrance they get at this time, and it occurred to m? that you might possibly be in uuch with some source from which a nurabur of calendars might be sec - There are upward of thirteen h-11' dred men contined in this prison, ?ad ' should very greatly appreciate having any concerns or persons who would care to comply with this request s?*? them direct to the chaplain, Clinton Prison, Dannemora, N. Y., and ?dvi?* me by letter at 15 Dey Street, Ne* York City. There also is a great need at this prison for books published in the Ital? ian language. A number of the men confined there are unable to read tft Englir.' J. S. KENNEDY, Conir.u-sion??, New York, Dec. 17, 1921.