Perils Exist

In his latest report to the Council of the League of Nations at Geneva, Dr. Zimmerman, Rotterdam Burgomaster, League Commissioner General of Austrian finances, sounded a warning to the people of Austria.

Said he: "If their efforts are to be successful, there must first be a change in the whole atmosphere in which the work of reform is being pursued; there must be a return to notions of economy and saving, the full significance of which has not yet been grasped by the public."

He said if the present spirit be prolonged--the spirit of reckless strikes and fevered frivolities--financial control can never be withdrawn, because the increase in revenues cannot continue.