ECONOMIC RESTORATION.

Auckland Star, Volume XLVIII, Issue 210, 3 September 1917, Page 5

ECONOMIC RESTORATION.

THE AX-LIED FLANS. CONSISTENT "WITH "CT.S. NOTE. .(Received 8.40 a-m.); LONDON, September 2. Lord Robert Cecil, Under Secretary for Foreign Affairs, in an interview, said that he did not consider that there was any inconsistency between President Wilson's Note and the Allies' policy enunciated at the Paris Conference. The resolutions then passed were purely defensive, aiming at the necessary restoration of the Allies' economic life after the war, protecting ourselves against an aggressive militarist <K>mmercial policy, which the enemy may pursue after the war. Germany's schemes for forcing her allies into a commercial league show the real danger of such a league. We consider economic considerations as vital as military measures. During the war we must foster our economic strength as much as the Army's and Navy's, and must rightly attack the enemy's economic strength with every legitimate weapon. i Accordingly we rejoice at, America's vigorous export policy.

One of the most potent weapons for impressing on Gen_a.us the folly and wickedness of their militarist leaders is to show that war is- unprofitable.

Even existing neutrals are reaching the end of their patience in regard to German outrages. It is scarcely extravagant to say that if the war lastsmany months the Central Powers will find the whole remainder of the world against them. This state of things shows that military force is not everything, j even if the German arms had proved as successful as the Kaiser boasts they have been. Germany's future is increasingly dark. This also possibly indicates the real solution of the problem of preventing future ware, namely, the fiiimwal, commercial, and economic isolation of an aggressive power by a proposed league of nations.—(A. and N.Z. Cable.) President Wilson, in reply to the Pope's peace proposals, said, inter alia: "We deem inexpedient, and in the end worse than futile, such proposals aspunitive damages, the dismemberment of Empires, or the establishment of selfish, exclusive, economic leagues."