Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1921-08-02
WASHINGTON
Day by Day

Washington, Aug. 2.--lt was de-
clared at the State Department TO-
day that negotiations with Germany
for a new treaty Of peace are in 4
condition entirely satisfactory to this
government. Formal announcement by
the Department of the course of the
negotiations is expected within It
short time.
Announcement of the course of the
negotiations is being deferred, it was
learned, because this government de-
sires to remove, prior to publication
Of the treaty arrangement, every pos
sible obstacle to complete concur
renee in the treaty arrangement by
every interested party.
The Gazette correspondent has also
been informed that Germany has
agreed to every proposal of the Unit
ed States in regard to a new treaty
and is willing to reaffirm in new
pact. every specific grant and ces-
sion of the Treaty of Versailles in
which the United States is interest
ed.
There seems to be little doubt but
that this government has definitely
cast off the Versailles treaty and will
enter into a separate arrangement
with Germany, hoping at the same
time to conserve every right. grant
and interest Of the Treaty of Ner-
sailles in which the United States
finds itself to be a part.
The delay spoken of by the State
Department is understood to hinge on
the assent of the Allied governments
to the arrangements being made in
the new treaty and this assent must
be forthcoming before definite news
of the new treaty is given to the pub
lie.
There is good reason to believe that
the Allied governments are being con
suited by the United States and it is
understood that they will express
complete satisfaction with what is be-
ing done by this government in ar
ranging for a separate treaty with
Germany.
In the meantime, Germany is rep
resented as being most anxious and
willing to enter into any kind of rea-
sonable treaty with the United States
and is prepared to make liberal con-
cessions in the interest of an early
treaty arrangement that will permit
the clearing away of many of the
present intangible barriers to trade.
The business decline in the United
States which has been steady since
December /, 1919, has reached its
lowest level and from now on general
Improvement should be noted that
will gradually put things back to nor
NAL.
This is the deduction of govern
ment experts from facts and figures
in their possession which are to b.
made public shortly through various
sources.
Contention Of the experts that
business should gradually become
better from now on is based on four
sets of figures from which the fol-
lowing conclusions are drawn:
!. Returns from the savings banks
show that savings have largely in
creased, thus indicating no lack of
confidence by the public in the banks.
2. Production statistics from all
over the nation show that the eff
cheney Of labor has greatly increased
This is shown from the fact that
while there is no decrease in unem-
ploymcnt. there is a noticcably large
increase in production.
3. Figures prepared by the Depart
mcnt of Agriculture show that there
will be good crop generally in the
country this year and that this crop
will be produced for very much less
than last years crop, making it pos
siblc for the farmers to demand less
for their products and still make a
profit
4. The general banking situation
has cased up, as shown from the
statement given out last week at th"
White House, showing the reductions
in rediscount rates by the various fed
eral reserve banks.
Government officials contend today
that the country may look for a grad
ual revival Of business all along the
line within short time and that the
nation should return to nearly nor
nal conditions sooner than had been
anticipated.
The efforts on the part OF certain
German interests to obtain the re-
turn of German-Owned property.
money and securities seized during
the war have gained fresh impetus
in this country since President Hard
ing signed the resolution Of peace
with the former government Of the
Kaiser.
A movement is now on foot backed
up by substantial legal talent to
compel the Alien Property Custodian
to turn back this German property
and securities which the United
States government still holds in trust
until new treaty between this coun-
try and Germany is negotiated and
arrangements made for the DISPOSE
ton of the property now held by I'm
Gle Sam.
According to those having the mat