Russia alone, says Mr. Hoover, has made no progress toward taking the measures essential for rehabilitation. And Russia today persists not only in refusing to take those measures byt also in sticking to the very measures and practices which have brought distress and ruin upon her. Whether the clique of tyrants who are responsible for her fatuous course with its disastrous results will mend their ways and conform to the economic principles which the world in general is agreed upon as essential to prosperity, and to those moral principles which will permit other nations to enter into confident and friendly relations with her, is a question which only the future can answer. But whatever they do, the course of Western Europe and of America is plain. If Russia will not rise to their standard, they must not degrade themselves to hers.

Germany may be in great need of Russia, though it is not clear why. Certainly the other nations are not. They have been getting along without her for several years, meanwhile constantly improving their condition. there is no reason why they should not continue to do so. If Russia were what she was ten years ago, she could be of great service to the European nations, with her large supplies of grain, timber and other products. But today she is producing nothing, and is able to purchase nothing. What could trade with her amount to? She could supply none of the other nations' needs, and she could buy nothing from them, unless somebody loaned her the money with which to pay for things. And who is going to lend money to a Government which denies the right of private property and repudiates the obligations of contracts? -The Boston Transcript