INTERNATIONAL: The World Reacts

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The Fatherland's whole Press recalled that it was Republican Hoover who "saved Germany" last year with his Moratorium and, as Berlin's famed Tageblatt said last veek, "Europe and especially Germany, cannot take note of Mr. Hoover's defeat without again expressing gratitude."

A German Government spokesman called the President-elect a "sympathetic gentleman" and a "first class man" who has "overcome his physical infirmity" but Nationalist newsorgans close to the Government were bearish.

Meanwhile German beer stocks boomed. Shares of Schultheiss, one of the world's largest breweries, bounded up eight marks to 66 1/2, followed by Oechsner and a joyous skyrocketing of Rhine Wine stocks.

Poles mingled in a jamboree of jubilation the names of Woodrow Wilson, Franklin Roosevelt and Col. House, to whom grateful Warsawites have raised a towering statue (see cut). Twelve years ago, according to the Polish Foreign Office, Mr. Roosevelt wrote a magazine article in which "he vigorously supported Poland's claim for access to the Baltic Sea" (i.e. the Polish Corridor).

As the Hero of the Corridor to Poles last week, the President-elect was expected to do everything from letting down U. S. tariff bars in favor of Polish goods to recognizing the Soviet Government— with which Poland has recently signed a friendly pact of nonaggression.

Russians who were successively misled into hailing President Harding, President Coolidge and especially President Hoover as likely to recognize their Government, hailed President-elect Roosevelt last week as probably better than Harding, Coolidge or Hoover but otherwise not much good.

Pravda said "It is an illusion to think that the change from one capitalist party to another will improve conditions."

Egyptians worried whether cotton-state Democrats will prevent the "new deal" from lowering U. S. tariffs on Egyptian cotton.

Turks wondered about Roosevelt recognition of Russia, their ally.

Siamese were "indifferent."

Chinese were "anxious" lest the Roosevelt Administration sanctify Japan's land grab by recognizing Manchukuo.

Japanese, who had Mrs. Woodrow Wilson in their midst last week, joyously hailed the end of the "Stimson Doctrine" (of non-recognition of land grabs by any nation). They exulted over the personal downfall of Statesman Stimson, whom millions of Japanese regard as their personal enemy.

In 1923, so Japanese said, Mr. Roosevelt wrote a magazine article, Shall We Trust Japan?, and they felt last week that he certainly will trust them.

Latin Americans jubilated from coast to coast, gave whole front pages to the "White Revolution" of U. S. citizens, praised them for not dyeing it with blood.

Less skeptical than Europeans, delighted Latin Americans seemed to expect prompt and sweeping tariff abatements as the first card in the new deal. Only President in the world actually to speak out on the U. S. election was Chile's Acting President Abraham Oyanedel. "The program of the Democrats," he cried, "is in exact alignment with Chilean aspirations! . . . A mutual reduction of tariff barriers is of transcendental importance."

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