The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-08-03
Does Not Mention as Sine Qua
Non Return to France Of
Alsace-Lorraine
BELGIUM AND SERBIA
MUST BE RESTORED
Declares Blacklist Policy So
Objectionable to America
Must Be Maintained Until
Close of War

London. Aug. 2.-Greatly modified
terms Of peace were suggested by
Premier Asquith In an address today
before the House OF Commons.
The premier explained resolutions
adopted at the recent allied economic
conference in Paris to combat German
commercial and financial penetration
after the war.
One of the most striking features
OF the premier's address was hts omis-
sion OF all mention OF the restoration
| OF Alsace-Lorraine to France rs con-
ttngcnt of peace.
Modified Peace Terms.
Briefly the terms set forth by Mr..
Asquith are:
1. Belgium must be restored and
Undermined
g. Serbia must be restored To ma
tionhood the central empires 10 pay
for the damage done
a. The occupied sections of France
must he returned. Germany must pay
| the costs of restoring the devastated
territory.
4. Occupied Russian soil must be
vacated and indemnity paid.
Did Not Refer to Poland.
In his mention OF Russia. the
premier did not refer to Poland
~hEHbtti stN A1iNb t'AhA A'N
trade blacklist against which the
United States has protested. must re-
main In force until the end of the
war This he declared, is the de-
c!sion of the Paris economic confer
ence The resolutions adopted by the
conference. ne said were not intended
10 harm neutrals.
I'VE are aware OF some uneasiness
In America said the premier. but
this In not Justified. The allies took
.shese measures solely for self-defense
effort will be made TO see that neutrals
do not suffer"
The arms with which the entente
will night its trade war against Ger
many after the ending OF armed hos
Utilities were set forth at some length
by the premier. who declared them
necessary for the continued economic
life OF the European nations,
Alrcady Organizing Industries.
Germany. is already organizing
her industries to attack the allied
competition through neutrals." he
eaid. 1T is necessary TO prepare to
combat this.
The Paris economic conference
was held to convince the enemy that
the allies are resolved to wage the
war with complete unity and de-
Termination in the economic as well as
the military sphere.
Ine war mas opened Great hritains
eyes 10 the tuii meaning OF the Ger
man system OF economic commercial
ana nnanclal penetration and the use
70 when ,advantase would be put In
sr ~ 10 the duty OF the allies to
take every step TO secure for their
avn use the supplies of their own
countries ano 20 prevent German con-
troi An economic system must be
adcpted and sumcient time he given
@ enable arrangements to be con-
cluded before peace to prevent the
danger OF . renewal OF the German
psnetrauon
The omens are satisfactorv from a
scisntinc ana technical standpoint, as
large NUMBER OF British Industries
have shown extraordinary resourceful-
ness since the beginning OF the war"
Nce Anandonan9 Principles.
Premier AsquNh declared that as
strong free trader no was not
AoAndoning MS prtn0pieA but was
asking tho country 70 recognise the
Asw oDn0edons arisang out Of the
world VA. He stated that Il II pro-
possd 20 hosd conferences Of rspre-
sasaGsve: q Great britain. Canada,
~ ana ~ Dominaons 70 consider
ne TRADE policy OF the empire In the
hight Of the Paris resolution.
The most important of the reso-
viding for most favored nation treat
msnt between the allies, protection
hgainse dumping and measures 70 rem
der the allies commercially independ-
ent---wers drafted by the British
Board Of TIE. r... s