Evening star., 1919-05-03
Proposed by British That Al
lies Stand Guarantors for
$4,000, 900, 900 Loan.
PEACE TERMS MAY GO
TO HUNS WEDNESDAY
Italian Issue Still in Balance, But
Invitation to Return May Go to
0rlando-Page Active.
BY the Associated Press.

by tne hssOSldteG freSs
PARIS. May 3.-Authoritative dis
approval Of a plan that has been ad-
vanced for the rehabilitation OF Eu-
ropean financial credit was expressed
| today by the financial members of the
American delegation. 1t was made
known definitely that the United
States would not be party to any
joint action having for its purpose
the restoration of German business.
Plan Held Impracticable.
1t had been proposed by the British
that a German bond issue Of $5,000,-
100000 be arranged with Great Brit
ain. France. the United States and the
other allied and associated powers as
guarantors. The American delegates
took the position that such a plar
would be not only impracticable. but
contrary to American precedent. =
It was explained that the British
proposal included the apportionment
Of the issue among all the power&
| including even the small newly cre.
ated governments. The apportion:
tive wealth Of the signatortes.
One objection raised was that the.
| failure of any one Of the guarantors
| to bear its share would result In In
| creasing the burden and responsibility
of the others. thus creating situa-
tion obviously unjust.
To Present Terms May 2.
The presentation Of the peace terms
| to the Germans will not take place be-
fore Wednesday, May Z, according to
the present Indications. this mornings
Paris newspapers say. Important
progress has been made. however, In
sS the Anal Shaping shaping Of the tresty. The
Echo de Paris says that the council
! of three yesterday adopted the section
| Of the treaty dealing with Asace and
Lorraine. which are given to France.
the ownership OF the railways IN
The council also fixed tho status OF
Luxembourg, this Newspaper adds
completely severing the grand duohy
Nov that the peace terms are to be
handed over to the GermanA the
newspapers point out that the sum-
moning OF the Austro-Hungarian
delegates seems probable;
invitation Of an amicable sort viii
be sent to Italy. requesting tho pres
ence Of her delegates
italian Issue in Balance.
PARIS, Friday. May 2 (by the AS
ISOLATED Press).-The Italion issue 10
still in the balance with Thomas Mel:
son Page, American ambassador, ana
Camille Barrere, French ambassador.
both making efforts at Rome to ind
by conversations with Premier Or
lando, a formula which vii! heal the
breach caused by the withdrawal OF
the Italian delegates to the peace
Mr Page has had two more long
conferences with tho italian premier.
who is said to show q disposition to
resume relations. but who thinks that
overtures should come from Paris.
Premier Orlando has written
letter depreciating anti-American
demonstrations, saying that the min
later of the interior has taken steps
to stop them, paying particular at
tention to manifestations ana the
press campaign directed against
President Wilson.
Optimistic Outlook.
The newspapers report that there
has been numerous conferences De.
tween former Premier LuIzatt OF
italy and NJ Barrere, the French am
bassador, in an attempt TO nno
satisfactory solution OF the sftua-
tion- According to one report. tho
SAoA. traafv without