The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-21
GPEyER PLANS
WORLD PEACE
New York Banker Would Sim
ply Refuse Loans to Nations
That Go to War.
FIGHTING WOULD CEASE
II SCHEME WOULD WORK
Foreign News, However, Has
Tone Generally in Keeping
With Peace Day ideals.
Leased Me- 10 nc Tribune.

Bv Leased Wire To The Tribune.
NEW YORK, May 20.-ln the opin'
ION OF some peace advocates Banker
James Speyer has solved the problem
of universal peace in his plan to have
an agreement by which no loans should
be made TO belligerent powers VINO
went TO war without first submitting
their grievances and differences TO ar
bitration or judicial settlement at Inc
Hague.
Some famous war expert once re
marked that an army "]lke snake
moved upon its belly in these days
a nation S capacity for war is Sauged
largely by the size of its pockctbook.
With the cash shut OF the fighting
ceases.
Mr.. Speyer's plan is beautifully
simple. The only trouble about 1t IS
The same AS it vas with new press
once which was to rcvolutIonIze the
printing business The idea WIS fine,
but il wouldn I work.
Bankers are not in business for their
health, and when a fighting nation
wants money bad enough 10 pay the
price for il. the bankers Will furnish 1T.
Nevertheless there is more peace
talk in the air now than there has
been for gome time For example,
cable advices say that France Is most
happv in diplomatic sense. 1t has
1he assurance of NJ. Crupi. minister OF
foreign affairs, that the cordlale be
tween This republic and Russia was
mere binding than ever. And the same
cou!d he affirmed In respect to England
and Spain and other nations. Answer
ing questions on that score in the sen
ate NJ. Cmp, said:
Declares France at Peace
: the situation in Morocco such
as J excite some apprehension? The
situation is such as to Justify the re-
mark ! made. nothing more. We have
taken steps 10 enable the maghzen to
Jav The soldiers who are 90 MAINTAIN
lhe communications with the shawle,
il the situation at FcZ becomes diff
cult. we shall take the necessary meas
ures 10 secure the safety OF Europeans
and all French citizens.
"The Farnco Russian alliance re-
mains as intact as ever. and governs
all our relations with the allied state.
The Car Nicholas Is animated with
the same sentiments towards France
rs was his august father. The work
Of the alliance, of which M. Ribot
spoke, Is still firm and maDifcsts itself
in the form of regular cooperation
day by day. 1t is in this spirit that
they intend 10 carry it out
'FThc entente cordialc with England
continues to be one of the fundamental
bases of our foreign policy.
80 With Spain we continue to have
friendly relations. We cooperate with
her in the most conciliaiory spirit. and
we shall endeayor to improve our eco
homie relations with her. We shall
carry out policy of cooperation also
with Germany in all places where we
have interests in common
IN England the coming conference of
colonial premiers IS considered to he
largely force working toward world
peace. If plans are consummatcd the
entire British empire will have more or
less of a say in the foreign policy Of
Great Britain Tie divergent interests Of
such d world cucirclng power would
cause hesltancy before war were de-
cded on.
Great BrItains relations with Italy
were outlined at IL state banquet given
ct the Quirinal In Rome in honor OF
Prince Arthur OF ConnaUsht, when cor
dial toasts were exchanged. In the
ferred TO the sympathy of the British
people with the Italians Dfty years ago,
and went on To say.
'Thcse feelings Of unalterable friend
snip between our Two countries have con-
tinued undisturbcd ever since. and the
good wishes of which | am the bearer
on this auspicious occasion are not only
thoae Of my sovereign, but OF the entire
British nation"
The Italian Steamship company pro-
poses TO stop its vessels hereafter at
Dublin and Belfast monthly. with Il view
OF building up trade with Ireland