Abstract

Editorials

This article focuses on the socio-political issues. Charles Evans Hughes, the U.S. Secretary is to be congratulated upon his maintenance, at the Paris financial conference, of the U.S. demand for participation in the Dawes reparation annuities. The British opposition against which he had to contend was motivated not by the trifling contingent money sacrifice that Great Britain would make but by the far more important consideration that if the U.S. were denied Dawes bonds it might be forced to confiscate sequestrated German private property in order to pay the U.S. claims, and thus place itself in the same. Governor Alfred E. Smith revived a discussion of first-rate importance in his recent message to the New York Legislature by raising the question of the State canal system and calling for a commission to study the subject.