The Maui news. [volume] (Wailuku, Maui, H.I.) 1900-current, 1921-11-15

under construction on which the
more far reaching than had been ex-
pected that the foreign delegates at
first seemed stunned by their magni-
tude.
Sunday and yesterday as the world
considers the proposals praise of the
plan is general though in some direc-
tions reticently expressed. The British
press generally praises and some pa
pers say that Britain is called upon
TO make less sacrifices than the Unit
ed States. Yesterday the heads of
the big Five" delegations conferred
and mapped out plan for today.
Britain Accepts Principles
1t was decided that at the session
of the conference today A. j. Balfour,
who heads the British delegation in
the absence OF Lloyd George will ac-
cept the American proposal in prin-
ciple, the acceptance being defined as
with certain definite notifications" :"
Japans acceptance in principle was
already forecast by the previous state
ments of Admiral Kato 1t is under
stood that Britain's principal consid-
GRAFTON in formulating the reply which
Balfour will deliver today is what can
be done to bring France and Italy
within the scope of the plan. 1t is
understood, also, that the American
delegates sought to impress upon the
British the necessity of disposing of
the United States, Britain and Japan
first.
After yesterdays conference it was
said that the British desire instead of
ten years building holiday that re-
placement be carried on year by year,
thus keeping ship yards from going
to rot or else to allow each country
one ship building plant.
Britain Proposes Changes
British experts are said to consider
the 10000 tons of submarines propos-
ed by the United States as too high
and may even propose the ending of
building of submarines. They also feel
that limitation of airplane carriers
gives the United States an advantage,
because the British already have a
number of such craft which would be-
come obsolete while the United States
built new ones of superior design
They say that if enormous facilities
for building armament must be main
tanned for ten years without produc-
tion in replacements, the program
would not go to the root of the evil
and therefore, as an alternative, would
propose dispensing with such immense
equipment, with corps of technical eX-
perts and staffs and have only equip
ment for requirements for ten years.
The effect on the stock market in
New York was depressing on stocks
of concerns engaged in war material
manufacture but stimulating to the
general markets. Cotton advanced $4
In London shares also showed All up
ward tendency.
Subcommittee Formed
The advisory committee for the
United States has formed a number
of subcommittee, heads of which are
announced as follows: Executive
Sutherland; Land Armaments, Perish
ing; Pacific and Far East, S. u. Por-
ter; Naval, Rear Admiral Rogers;
New Weapons, G. A. Thompson; Gen
eral Information, William B. Thomp-
son.
At conference yesterday afternoon
between former Premier BRAND of
France and Senator Schanzer, head of
the Italian delegation, it was agreed
that France and Italy shall acr in
harmony on all questions both of ar
mament and relating to the Far East,
Second Session Opens
After Balfour had laid Britains ac-
ceptance of the proposals of the Unit
ed States, Admiral Kato followed with