Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-05
BRITISH EXPECT
PEACE TREATY To
/. BE COMPLETE BY
NEXT WEDNESDAY
PremierS Meet With Wilson
Absent but Adjourn to Meet
Today at white House. #
Present Is A0Ie,
BELGIAN QUESTIONS
ARE THRESHED OUT
Loan of Ten Billion Francs,
Expectation of Raw Mater
iaIS and CeSSion of Lemburg
Are Taken Up,

Paris, April 4, (by the Associattd d
Press THE opinion was expressed
tonight by responsible British authorl-
ties that the peace treaty would be
ready for signing by Wednesday
next
With Colonel House in the place of
President Wilson the premiers mo'
this afternoon at the war office, but
agreed to meet tomorrow at the
presidents house for the purpose of
consulting him, If his condition has
sufficiently improved, should a ques-
ton arise to make ii necessary.
The illness Of President Wilson has
caused numerous wild rumors to be
circulated in the city, and not even
the delegates themselves are immunn.
Colonel House had heard that tho
president was really down with a case
OF Influenza. but Rear Admiral Gray
son personally assured both him ana
the premiers that Mr.. Wilson merely
had bad cold He warned them.
however that tho utmost core must
be exercised to prevent 1t from get
ting worse.
Informally the proceedings of the
council were related to the president.
King Albert of Belgium, who pre-
sented his country's case to the coun
ell TODAY, mo lie an excellent imnres-
sion, but is understood to have been
given no promises. The Czecho-Slo-
yak question was again discussed to-
day, as was reparations,
Short Cut Ordered.
The council resolved, for the sake
of facilitating its work, that the deci
sions of the various commissions be
sent directly to those engaged In
drafting the treaty Colonel House
at the close of the day said he was
nleased with the progress made ara
Captain Andre Tardieu of the French
delegation also expressed satisfaction.
The Associated P"ess is able to
state that three questions Of vital inn
portanee to the re-establshment OF
PelciuA,. financially economically
| and politically, were discustd.
| The first question was the immo-
| diate advance tn Belgium of about ten
| hilton francs. Ahe second the expor-
| tation to Pelginm from England and
| the United states of raw materials
and the third the cessior to Belgium
of the left hank of the L'Fscaut river
and the Lemberg peninsula
! The first item represents the value
of German marks left in circulation
in PolGium. After the departure Of
| the Germans the ministry of finance
sent out an urgent call TO holders nf
the marks to deposit them in the
| banks. The amount was estimated
to he about two billion, and II had
| been tho governments intention to
! redeem them at the mar value of one
| franc, 2h centimes Belgium was not
| nrepared for the avalanche of marts
| that resulted. Fight billion marks
passed through the banks windows
! into the vaults. The banks were un-
| able to redeem this amount o fpaper.
and deposifors were merely given re-
ceirts, stating that a certain amount
| of MARKS were held to their credit
Millions OF Francs Idle
The payment of an immediate in
! demnitv by GERMANY wos relied unon
10 enable payment Of these denosits
| Tho indemnity thus far has failed to
materialize. Depos'tors cannot draw
rainst these credits, with the result
| that some ten billions of francs are
idle as the hanks are paying no in
! te~oqt on such deposits.
| The imnortation of raw materials
| Is said to he indispensable to the re-
trievine of Belgium from the eco
nonic STANDPOINT.
| The correspondent has inst re-
turned from an extended trip In Rel
| rium. Evervwhero he found mann
facturers COMPLAINING Of the situation
| arising from the fact that while tho
Americans and British permit exnor-
tation into Belgium of manufactured
articles they thus far have failed IN
evnort into Belgium raw materials
which would permit of industries re-
| suming work.