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SOLE AGENTS FUR

GERMANY'S RESOURCES.

Two Views.

In my book, "The Economic Consequences of the Peace," I ex- pressed the opinion that Germany might conceivably be able to pay £100,000,000 (gold) per annum in discharge of her habilitios under) the treaty, but that for political and other reasons it would pro- bably turn out imprudent and im- high &

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STOCKS CARRIED.

A TRIO OF LEGAL LUMINARIES.

Things Seen In Three Long Lives.

EINSTEIN THRILLS GERMAN SAVANTS.

figure, Mr. J. M. Keynes. Some authorities, including Mr. Baruch, who Was President Wilson's economic adviser at the conference, have accept- something ed this figure, or

Other adthori hear it. ties whose opinion deserves respect have made varying estimates up to a maximum of £200,000,000 (gold). This latter figure has been put forward by impartial American economists maximum aa a conceivable which might possibly be reached under favouring conditions... I have never heard of any com- petent person who has put for- ward a reasoned estimate ex- ceeding £200,000 (gold) per

annum.

an

How does this compare with the proposals of the Paris Conference? These are made up of a determinate and indeterminato part. The former part consists of £100,000.000 per annum for two years, £150,000,000 for the text three then £200,000,000 for three more, and £250,000,000 for three more after that; and finally £300,000,000! annually for thirty-one years. All these figures are in terms of gold. They are not appreciably affected by the small discount allowed in the improbable contingency of Germany's paying in advance of the quedates. The latter part con-

Proposes to Measure Size of sists of an annual sum, additional

the Universe.

to the above, which shall be equal in value to 1211⁄2 per cent. of the German exports.

.

to

Einstein has again startled the There are living in England to-

How much is this addition day three grand old men, all scientific world, by the agrument famous lawyers and judges, who that it will be possible to prove likely to amount to? Bufore the were born in a world that is now the universe finite, and even to war, German exports came forgotten except in history-a estimate its size in space, states about £500,000,000 annually, and world before railways, or tele-the Berlin correspondent of the the imports to rather more than this; at present pricca these same graphs, or matches; or policemen, Daily Chronicle.

would now be worth

or bansom cabs, or fire brigades, Lecturing to the Prussian Ac-exports or photographs, or sewing-ademy of Science, he said the more than £1,000,000,000, (gold). machines, or steam ploughs, or question of the infinity, or other British exports in 1920 (exclusive re-exports) were worth saccharin, or income tax, or wise of the universe was quite a of chloroform.

sensible one to propound, if con- £1,300.000,000. Now it is clear When they were born slavery sidered in the light of practical that Germany cannot possibly

determinate the pay

part prevailed all over the British Em-geomotry. pire, Jews and Catholics could One possibility of deciding the of the indemnity, except by & large export not sit in Parliament, newspapers question lay in applying the rodeveloping

trade. For hor exports had to have a fourpenny stamplativity theory to the Newtonian impressed on them as a tax; child-law of reckoning the average nust acceed her imports by at ren worked 15 hours a day in the velocity of the stars, as that last the amount paid over as fuctories, and there was a tax on which they must have to prevent indemnity, and inany of her staple windows, so that houses had the Milky Way collapsing on it-exports can only be produced at their windows bricked up to keep self through reciprocal action. al. . metal manufactures out the light, and thus allowed Applying certain results of the and textiles-if the raw material, harmful microbes to tuuliply and relativity theory, he came to the or a large part of it, has boon disease to thrive.

following conclusion :---

The German Empire had not been born.

If the real velocities of the stars which -the measurement of

previously imported.. I do not suppose that any one would ser- igusly argue that Gormany could continuously, year after year. could be carried out-were less maintain her exports at a value than the calculated velocities, of more than, say, 40 per cent. then it was proved that the real above her imports. gravitations at great distances were smaller than the gravita

The old Houses of Parliament, in which all the great scenes of English history had taken place, and in

ANOTHER VIEW. a vault of which Guy Fawkes had bean captured, were

Apropos the above and pro- still standing, and the present tions demanded by the law of testations of the German dele- London Bridge and Houses of

gates to the London (Reparations)! Parliament, Trafalgar Square From such a divergence the Conference that fulfilment of the and the Nelson Monument were finitoness of the universe could Allies' terms would spell Ger- not built.

be proved indirectly, and it was many's economic ruin, the follow-

life.

Recorder

Newton

size.

All that is infinite is invisible, ground with an intensity that unlimited. and immeasurable; betokens unbroken morale and may be altered but cannot undeterred resolve.

It was a strange world, far re-even permitted to estimate its ing description of conditions in Germany by a Press correspond- mote from to-day; and these

ent is not without interest: three grand old men, still living WHAT IS THE INFINITE?

The correspondent describes and working and thinking with

Lord Clifford of Chudleigh, in Germany as alive and busy. keenness and energy, have seen

an address to the members of the "Her people," he writes, "are such changes 2.5 have never Mystic Evolution Society on making roads, repairing telegraph before taken place in any single The Marvels of Radio-activity." and telephone systems, building defined the difference between houses, pushing production, and The three men are Lord Hale-finity and infinity as follows-cultivating every inch of arable bury, for ten years Lord Chan cellor of England, who was born in 1825: Lord Lindley, formerly Master of the Rolls and a Lord of

"The milliards for which the Appeal, born in 1828; and Sir vary. Harry Poland, K.C., formerly All that is finite is visible. Supreme Council is ineffectually Counsel to the Treasury, and limited and measurable; can be reaching lie heaped along the roadside ready for eager shovels. of Dover. born in varied, but cannot be altered.

They are being tranamuted into 1829. All these famous men As pure electricity obeye the mortar and moulded into bricks. have lived in the reigns of conditions of infinity, not of finity I speak only for the section I

jeorge

IV.. William IV., we must conclude that it is have personally visited. Victoria, Edward VII.; and spirituel and dívine, not material. "German bones are still well Jeorge V. It must be truly mazing for them to look back to the days of their youth and recall

il the changes that have taken infinite, but he did not claim and holidays are marked by lace, and all the famous people that be understood his lordship's throngs of picnickers, by lanes are they seen move across the stage theories,

crowded with bicycles and carts. Horses аге Sir James told a story of a man pleasura Think of it! When Lord Hals who informed him that he bad numerous and, if anything, far too sury was born Africa was an un-listoned with great attention and plump. known continent, and none of its delight to an afterdinner speech "The slopes of the Schwarz great lakes had been discovered. by him (the chairman) in broadest wald seem as thickly timbered as In fact, the great explorers, Scotch, but he did not understand ever, and every little copse is Be Livingstone, Speka, Grant, Baker it all! He felt like that man, trim as a public park. There may A few drops of this wonderful Essence sprinkled on the and Stanley, were either not born said Sir James after hearing the be a lack of metal, but it is not Handkerchief and inhaled, Cures Colds, Banishes Headaches.or were unknow Hay Fever, etc.

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befits a people satisfied as to but there are no obtruding signs of mismanagement or national their status and worth.

"I saw grain everywhere, and dissatisfaction. To me, Germany

apparent on the telegraph poles. Germany has metal enough to keep her communications in pre- war condition, which is more than IL power, and has seen the British Empire expanded am- New Zealand, Fiji, New Guinea, can be said of America or France

zingly. These are the colonies Natal, Zainland, Bechuanaland, or England. vhich have been added to Basutoland, Transvaal, Orange Nowhere did I encounter any in most excellent condition, appeared alive, vital sol pros he flag during his lifetime River Colony, Lagos, Niger appreciation of the outer world's plenty of poultry, and enough perous neither repentant nor cabbages and potatoes to promise regretful. She is wasting no time Syprus, Borneo, Hongkong; Districts, Falkland Islands, Kitute toward the German. Burma, Punjab; Seinde, Oude; Straits Bettlements, British There is no servility, no bumper crops.

In douleurs or daydreamu. Bec Aden, Perla, Queensland, South Columbia,

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Pia con me mured dourtesy, as mente and rotantial revolutions, upon her shoulders. Australia, Western Australia, possessions.

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