AMERICA’S WEALTH

Greymouth Evening Star, 25 June 1923, Page 5

AMERICA’S WEALTH

I I I —■ !■ 1 MR BALDWIN IMPRESSED. (Australian and N.Z. Cable Association.) LONDON, June 23. Air Baldwin, in an interview in the Paris edition of the “New York Herald,” said : Now that Ireland is out of the way, and the debt question is settled, Prohibition seems to bo the only thing to disturb Alnglo*American friendship. I enjoyed my recent visit to Washington so much that I intend to return there, as a private citizen, to make a. longer stay. It was like

Ciuiz.en, io niiiac a tunic to leave behind the depresesd and pessimistic atmosphere of Europe, and to plunge into a country where the people are still confident in the splendour of their destiny, and are always looking forward. What impressed me most was the almost oppressive evidence of great wealth. Ihero is al wavs a danger, with such vast, unexampled wealth going unchecked, of a counti’v goin g rotten with riches. I hat is a danger which does not seem likely to threaten any nation in Europe. ARBITRATION TREATY. WASHINGTON, June 23. The United States and Britain have renewed their arbitration treaty for another five years. WORLD COURT PROPOSALS. NEW YORK, June 23. President Harding’s new stand regarding the World Court (as outlined in his lecent speech of June 20), is greeted by the press according to political leanings. The Republican papers are praising, while the Democratic editors term it a surrender tu the irreconeilables, and a backdown from the President’s announced attitude. There seems no doubt President Harding has been forced to yield to the Republican National Committee and the group of National Senators headed by Senator Borah. Senator Lodge says that the President’s new proposals are regarded as lessening the chance of the United States’ entry into the Court, inasmuch as the Senate is not likely to agree that the Court should elect its own judges, being jealous of the right of the United States to a direct voice in filling the Stales’ vacancies. The proposals will also bo bitterly attacked by the Democrats. Obervcrs believe that President Harding is convinced that the entire scheme of American entry into the Court will be defeated, and that he is now doing political juggling in order to throw tlie responsibility for the failure on the Democratic opposition. . :