The sun., 1919-10-22

able" Prof. luigi said. I'VE would
welcome this capital from outside, as
we haven't the money in Italy. The
Improvement of italian harbors, Genoa,
Naples and Venice, especially. is immedi-
ately needed. We would be glad to
have outside enterprise undertake this.
The British suggested to-day in view
of the big demands for metal products
on the Continent and the inability of
either the British or American market
to supply them, that the British and
American interests pool the demands,
each accepting a share of the orders ~
the possible sacrifice of their respective
domestic needs and in the interest of
speeding Continental reconstruction.
The need for shipping pig iron In
cotton laden ships was accumulated by
Marshal Stevens
Bailie John King of the British mis-
sion assured the metals conference that
the low tide in British coal production
had been passed and that production
was even now on the mend and will con-
tinue to improve. He declared that with
100000 Britons dead shortage of labor
was affecting all England and that the
kingdom was In the market for all sorts
of labor saving devices.
From Sir Arthur Shirley Bonn, head
of the British mission, came the sugges-
ton, surprising to some of his hearers,
that the first need of shipping at the
present time was to be freed Of Govern
ment interference throughout the world.
Bailie John King got hearty round OF
applause when he assured the Americans
that the British were not envious Of the
vast new American merchant fleet.
well meet you in a sporting way mt
sea-" he said, land you'll find we're no
worse sportsmen there than ashore"
Edward ". Hurley and other former
members of the Shipping Board ana the
shipping industry spoke at the meeting
indicating that the Americans were glad
to find the British treating the shipping
question in q cooperative spirit.
Objects of the New League.
The purpose of the commercial league
of nations is to promote International
commerce, to facilitate the commercial
intercourse of nations to secure har-
mony OF action on all international Ques-
tons involving commerce and industry,
and to promote peace, progress and
cordial relations between the countries
and their citizens by tho cooperation OF
business and their associations devoted
to the development of commerce ana
industry.
The permanent international head
quarters Will Ctuli thNef Nc'
corning economic subjects and social
the facts relating to respec-
tive needs, present productions and fu-
ture possibilities of each country
1t will act as an instrument of coordi-
nation which will suggest regulations
and legislative measures to facilitate
and encourage the development of eco
nomic intercourse; inform public opinion
through publication of facts concerning
business conditions, and through dis
semination of the views If technical ex-
perts and business men put at the dis
posal of all official organizations the re-
ports and conclusions prepared by those
experts and business men.
The tentative organization includes
board of directors. consisting Of two
members selected, by each nation. or an
equal number of alternatives. 1t will
have general charge of the business OF
the organization. supervision of Its poll
cies and direction OF the activities OF the
international headquarters and Its stan
One representative of each member ma
ton will be attached to the internationa!
headquarters, resident at the seat Of or
ganization and aided by necessary tech
meal assistants
VIII Meet Every Two Years.
The membership of the organization
will consist of chambers of commerce,
commercial organizations, banking as
sociations and similar associations
Firms. corporations and individual bank
ers or business men will be eligible as
associate members by vote of the board
of directors and under regulations to be
prescribed by the directors
In any nation having a national or
ganization of it's commercial interests
the members of the board Of directors
will be chosen by that organization.
The regular meetings of the general
membership will be held every two
years, with provision for calling special
meetings when necessary.
The committee that presented the re-
port recommended that the nations rep
resented in the conference-Great Brit
ain, France, Belgium, Italy and the
United States-shall constitute n tempo
rary organization. and that joint COM
mittee be appointed representative of
these nations to prepare a plan for per-
manent organization.
In the plan for voting at the general
sessions the novel expedient is adopted
OF providing first a vote by individual
hands. Then, if two nations demand 1t,
there shall be vote by national dele
cations, which will ratify the vote by
hands and make 1t final. thus solving
the question of representation which
bothered the Peace Conference.
The question of the seat OF headquar-
tiers is already arousing controversy
TIE Americans want II abroad and the
Europeans want 1t here. Brussels has
been suggested by the French as the
proper place. Geneva also has been
mentioned. London has many partisans
among the American delegates