Warsaw Report 1925-09-27

^HGIATIOE (Rzeczpospolita September 27th. 1925) . THREE CCSOI1 IOSS OF THE ECONOMIC WE LUECH GIVKN IK THE HONOE OF THE MINISTER OF TEE UNITED STATES On Saturday in the building of the Tradesmen Club the Polish American Chmamfeer of Commerce entertained at lunch Mr.John B.Stetson,recently appointed United States Minister to Poland. In addition to the member of the Chamber of Commerce 79 persons attended the lunch. Mr.Kotnowski,Chairman of the Chamber, stated that in spite of the present fluctuations of the Zloty one should not get desperate. Even such strong countries as the United States are passing through dangerous crisis,for instance the currency trouble of 1894 and 1907. While tailing concerning the trade relations between the United States and Poland, Mr.Kotnowski declared that they would increase if they were direct without any German or British mediators. Mr.Xotnowski finished his speech by cheers for Presi :ant Coolidge and Minister Stetson. Mr.Stetson stated in his answer that closer relations are possible only after better knowledge of each other. The Minister himself is studying Poland which country is so often represented as a factor of trouble on the Continent. Mr.Stetson came to the conclusion that Poland, is inspired by most peaceful tendencies and is busily engaged in fhe restoration of its economic and business life. In order to succeed three things are necessary . The welfare of individuals and of nations is based on work, honesty and savings. Honesty not only in relations between people but also in working with efficieny and in dme correspondence to the remuneration. Savings should no'c be based on the consideration as to what can be afforded,but on what is not /necessary. Expecting- to see P land getting out of the present trouble,Mr.Stetson emnied his glass for the prosperity of P land reborn« \