Evening star., 1920-06-13
THE STORYI74E WEEK HAS TOLD

Germany amounting to three-quarters of a billion
The allies the necessity of promptly
settns once and for all the question OF Gsrmanys
actually rather substantial claims being temporarily
much if that condition would become perma-
nent one For it may be safely assumed that the
that nation can manage to pay for many years to
s e W
fnd itself with bill to be presented to creditor
The incident to such position is
but ma Tsn tpe esy to ss
it is which. through the fact that 1t involves
bring home to them the significance of this nations
position today:
1t is interesting to note in connection with what
would appear to be the probability of losing the
above sum- that United States government to-
day finds itself under the necessity of borrowing
s4oeeeo.eee at unprecedented rates of Interest 70
Of its obligations fall due on July 10,
Announcement Of the plan was made early IN tne
notice II that two new series of treasury certificates
Indebtedness to be feated at once One series
six months and the other at per cent for
urx rns o neany s. worth Of
certificates due before July IS The finances
the government in assuming liability for
the claims by m this muet S dn
If find ourselves unable to collect from nc Ger
the bag
A number of matters of great moment in the Eu-
ropean situation presented themselves for consid-
Grafton during the course of the week.
In italy Premier Nitti and his ministers resigned
result Of conflict with the socialist patlismen m
Nittrs government had sanctioned a raise in the
ef f'' seeoooo.ooo Ire through fhs bread subsidy.
pat, n the Of qram haa
PROBABILITY Of the return = Of =
he will at once dissolve the chamber and engage
in energetic fight against the soealss = Many any
method by which the political situation can ca be
o d shat e o the a in rs spite
of his pre-war Germanophile 1 tendencies .,,
eraoie fear that account Of the crisis in Italy
and the unsettled conditions @ in Germany N.Y. following m
postponed. unofficial opinion of diplomats in
able and il is regarded as likely that Premier Mil
1erand and Lloyd George vii will have to have another
settle the present embarrassing and dangerous sit
uaton.
How complicated that situation s is indicated by
a cursory review of the dispatches from Eu-
rope during the week just closed. Aside from the
situation in Italy and Germany. the Polish cabinet
of Premier skuiski has resigned as result OF sue
cessfu opposition to the ,s policies with
Poand and o Russia Prior to tn. eabinets resigna
tion it had been announced that peace note Was Vas
with to ending in n, the Of
fare when Rssian cavalry offensive by the
Polish forces.
full blown revolution is reported to have oeen
effected in Caspian region of Persia Following
the revolution unofficial announcement tnat
an alliance had entered into between the Turk
ish nationalsts and the Russian soviet leaders 70
attack and to resist the putting lnto enete
that this development is regarded as ~ exeeea
inoly serious allied statesmen in tnat ]! lnNoiHes
a direct challenge the council OF the ieasue -
nations to either admit itself to be impoeenr d or IN IN
summon members of the league to restore oroer IN
the world powder magazine on either sne o, ' te
pnanhorus and in Asia Minor. 1t IS interesting 70 70
ote that preliminary action has already peen takei
hy Great Britan-her warships having .p pom ga Of
the turkish nationalsts position on the sea VI