The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-05-31
TERMS
FOR AUSTRIA
READ BEFORE
CONFERENCE
Secret Plenary Session Held to
Consider Conditions Of
Treaty Jugo-Slavs Stand
Against Settlement.
HOLD UP DECISION
(By Associated Press,

10y ASSVS-1lSo 1ESSo15
PARIS. May 31-The secret plenary
session of the peace conference heard
here the peace terms to be submitted
to the Austrian delegation at o'clock
this afternoon. The doors of the
French foreign office were closed
promptly at the hour appointed for
for the meeting.
While awaiting the conYening OF
the plenary session, President VIII
son filled a number of enga gements
to receive individuals. Among his
callers was u S. Senator Peter G.
Gerry, of Rhode Island.
Jueo SIavs Confer.
Indications are that the presenta-
ton of peace terms to the Austrian
delegation will be postponed beyond
Monday when it had been expected
they would be handed over. The pie
nary session of the peace conference
this afternoon will decide the question.
The council of four held no meet
ing this morning, this fact giving the
President freedom to receive his sew
eral visitors. Meanwhile the Jugo-
Slav delegation to the peace confer
ence conferred at length with the en-
tire American delegation with the ex-
ception Of President Wilson. The
conference was over the Adrfatic
question. No decision was reached
standing firmly for their claims. 1t
is understood that they are less dis
posed than the Italians at present to
give ground in the controversy.
Meanwhile there has been no indi-
cations of what action the allied con-
ference proposes taking in regard
to the counter proposal to the peace
terms presented by Germany. II has
been pointed out however, that the
greater part of the German objections
have been answered in advance OF the
formal presentation Of the counter
proposal.
Study Gold Disposition
Economic experts with the differ
ient delegations at the peace confer
ence are making a close study of the
disposition to be made of the gold
which the Germans are paying for
| food supplies. This gold is being
shipped into Belgium and stored in
the Belgian national bank Realizing
there would be a general disturbance
of world credits if this gold should
be taken to the U. S., economists have
advanced a plan to hold the metal
where it is as security which will be
gradually redeemed by shipments of
commodities to various parts Of the
world They say this would build up
cycle Of credits which would assist
In stabilizing world commerce. place
the United States in splendid trad
ing position and eventually make the
gold available for the allies who need
It as a basis for their currency.
Experts hold this plan will secure
the payment of allied debts to Ameri-
ca and assist in restoring allied coun-
tries to normal conditions of employ
ment which the peace missions recog-
nize as absolutely necessary to the re-
sumption of world commerce. 1t is
said that the payments Of gold by
Germany is rapidly reducing the Ger
man gold reserve.
Allies Ready to Act.
It Is known, too, that the Allied pow
ers have made preparations for al
most immediate action in the event
! the Germans refuse to sign the treaty
In this connection the reported state
ment of Premier Lloyd George early
this week to the effect that II the
Germans did not sign the document
at Versailles they would do so at
Berlin, may be considered significant.
Friday was an unusually inactive
day for the peace conterees, pending
the complete translation of the Ger
man proposal into French and English.
Attention for the day was confined for
the most part to honoring the memory
the battle field of the war.
Military departments of the inter
national situation include reported
Polish reverse in Balhynia, the ration
Bolshevik claiming to have driven
the Poles from Rovno. This is the
only sector, however, where the Boil
sheviki are claiming any gain Of note.