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AMERICA AND THE EUROPEAN DEDADIOCK.
There appears on the horizon no other adequate source of help but
the United State* if Europe is to be brought back to a healthy condition
within the near future. Dr. Henry A. E. Chandler, economist of the
National Bank of Commerce in New York, declares.
“During the four years that have elapsed since the Armistice closed
the Great War there has always existed a strong hope that conditions in
Europe were gradually improving, and that a solution would Anally be
found for the great conflict of interests that bus been impeding Europe's
recovery,,r Dr. Chandler writes in the October issue of the bank’s maga
zine “Commerce Monthly.”
“The occurrence of recent months, however, have Anally brought
mlany people all over* the world to recognize what some of the ablest ob
servers in Europe have long ago, seen, namely, that there exists in the
status quo left by the war and by the Treaty of Peace a series of economic,
financial and ptWtlcrt conditions that have been slowly but surely driving!
some of the principal European nations into a deadlock which in some j
ways becomes set harder and harder with each successive month.
“This deadlock is two-fold in nature. On the one hand, a series of
economic conditions and nter-governmental financial obligations arising
eut of the war have forced governments into Anancial practices which
react upon business conditions with sufficient force to prevent the restora
tion of the productive power of some ol the principal nations of Europe.
“On the other hand, there is a deadlock in international opinion
which in many ways is the more difficult to solve. The latter arises
Chiefly from the inability of the nations to understand the insurmountable
difficulties in each other’s problems.
“The fact is that there exists in France >as in Germany a, very com
plicated and difficult condition of affairs. Just as it appears impossible
for Germany to get upon her feet without a respite, so' it appears impos
sible for France, without reparations or Anancial help from other coun
tries, to meet the obligations that face hen*. And even if Great Britain
could afford t<£ and were willing to, cancel the entire French debt to her
without relief from her debts to the United States, France could not en
tirely forego reparation payments for any considerable time without other
substantial Anancial help from the outside.
“This is the central fact of the situation in Europe. It does not. of
course, include many imporant factors that must be considered before
sound conditions can be established. Many of these questions they in
volve, most wait for their final solution until the deadlock has been
broken. The central fact In the present European situation, then, in
volves principally two things:
“First, whatever may be the theoretical capacity of several of the
European nations, the governments (through wtiich all national policy
must in the end be expressed) face a combination of economic and finan
cial burdens that they cannot carry unaided.
“Second, partly because of this financial deadlock, and partly be
cause of the- misunderstanding of each other, European nations worn
nervebare by long attempts at working out their own problems, have
been driven farther and farther into a deadlock or opposing opinion.
“The evidence appears well nigh overwhelming that Europe is un
able to pull herself out of this dilemma without help. Europe musi have
kelp in two ways: , #
“She must have financial help, of a kind and quantity not yet given.
As much as anything else, however, she needs help by counsel accompan
ied by cooperation.
“Ear many reasons the nited States is the one great nation to which
the logic of the European situation directly leads. In fact there ap
pears on the horizon no other adequate source of help, if Europe is to be
brought back to a healthy condition within the near future.
“Before any great advance In the final solution of the great economic
and financial problems of Europe can be made, France, Germany and
other European nations must be brought more fully to appreciate each
others difficulties. To render most effective assistance in this work,
however, America must first obtain what for the most part she does not
now possess, namely, a somewhat adequate appreciation of the very great
difficulties confronting each European government. Once a sufficient
number of Americana have given a sympathetic and somewhat thorough
study to the conditions In each country, America will quickly recognise
hew inadequate has been the often repeated advice to Europe to “tax
I mors, cut expenditures, and bqfence budgets.’ America will then realise
that,the present European dilemma has resulted not from the failure of
Europe to msifce an extraordinary effort to do many of the things that
•ha has been advised to do, hut from a combination of difficulties, econo
mic, financial, political and social, that have been utterly beyond her
power to work out by herself alone.”
ALASKA SHOULD HAVK SHARK.
With the recent announcement by officials of the Bureau of Fisheries
that the value of the fur seal harvest this year is $3,600,000 the query
naturally cornea to mind—when will Alaska be given a share of the pro
ceeds from this industry? For a number of years the Federal treasury
haa been enriched by money from the Pribiloflf Island seal herds. But i
every suggestion that the Territory be unoted a part of the profits has '
been received in silence.
It is true that Delegate Sutherland introduced a Jrill in Congress j
larft summer turning over all of the net proceeds to Alaska but it evident-1
ly died without issue. Congress has adjourned and we are no nearer j
the goal than before it was introduced. With the present Administra
tion so avowedly friendly, so desirous of opening up the Territory, with
the need for funds .so pressing for the construction of roads and trails and
other necessities, there is no apparent reason why an earnest effort
should not be successful. At this distance from the National Capitol it
seems as if a reasonable bill for an equitable division of the seal revenues,
presented before committees and on the floors of the two houses of Con
grass by a logical argument supporting the request, could be enacted
into Jaw.—Juneau Empire.
TERRITORIAL TAXES.
If jhe Territory recovered even 25 per cent of the sades of the fur
seals at the PrJbilofs, it would be on the way to independence. These
furs are a part of Alaska’s resources, and should belong to Alaska but
ar taken by the government. They total about one million net a year,
and of this money Alaska now receives not one cent.
The fur tax is bringing in a large revenue to the territory, and will i
increase as time goes'on. This is the least popular of all the tax laws
passed by the recent legislature, but was deemed necessary on account of
lessening receipts. It is a tax on industry, and the cause of considerable
bother to the fur buyers.
There is some talk in the territory of raising the taxes ,on the fishing
industry, but this would be inadvisable, as this industry is already the
highest taxed in the territory at the present time. The industry should
pa<y its share of the expenses of running the territory, but no more. The
fable of the goose that laid the golden egg oould be applied here.—Sew
ard Gateway.
VI'IT MAKING HKSKRVKS.
The statement of Major W. ,C. Gotshall, as quoted recently in press
despatches from Seattle, thai an effort w*ill be made, perhaps has already
started, to enlairge Mt. McKinley National Park conies as more or less
of a .surprise to Alaskans. Reports were received here recently that such
a .plan was (being considered but lacked official continuation. Major Got
shall has recently .returned from Anchorage, the Alaska railroad and the
park and it is to be presumed that hie knowledge of the plan is shared
by Colonel Meal's.
In itself the inclusion of the few additional .miles within the park
borders as is proposed would not b.- cause for comment. Already the
park contains some 2,500 square miles of reserved land and a few more
or less would not be of material consequence. Hut why continue the
senseless habit of making reservations? Already Alaska is encumbered
with countless numbers of them—game sanctuaries, sea bird reserves,
c-.oaj and oil reserves, fish reserves, and numberless other kinds, some
useful, more without usefulness.
Major Got shall is quoted as saying the addition proposed to the park
is to give protection to caribou. If every stream and hill in Alaska on
wihich .these animals roam is to be made a game sanctuary there will be
buit little unreserved land left in interior Alaska.. This thing of locking
up a little more land every time some enthusiast sees a stray bird or
beaat here is overplayed. The formula seems to be—a semi-official
visitor plus a pair of binoculars, plus a caribou, brown bear, sea gull, !
duck, or some other appealing object like a streak of rust indicating coal I
diepotfits. or a few trees stretching into p. forest, plus a letter to some
ingredients and pour out of the morning’s mail another reserve in Alaska.
Mie..k>r Gotshall's proposition for an addition to Mt. McKinley Park
may have merit. But on its face there seems jo be little excuse for it.
There is plenty of room within the park for aJll the caribou, mOose,
mountain sfheep, bear and other animals known to be in that part ot
Alaska. The railroad has a gateway into the park. Within the park al
ready there is a. square mil© for a campsite for every tourist who will
v*siit it for many years and if eventually t.htey get so numerous as to be
come cramped, it will then toe time to add more. Unless some better
reason exists than has been given at this time for the proposal it is to
be Norped for the sake of principle that efforts to get this reserve and all
future ones will be futile. It is time to abolish reserves instead of es
tablish new ones, .particularly of this type.—Juneau Empire.
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* Nome, Alaska. X
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