Five Mile Beach weekly journal., 1922-07-21

four vessels of not more than 100
IONS burden, each carrying not more
than one 1S-pOund gun. MI. King
thought this an opportune time to
suggest to u government that the
agreement be given p~ermanency In a
formal treaty. Some of the author
tiles In Washington thought the Cana
dian prime minister was trying to
take a f1ier of his w in the dis
armament market for political pur-
poses."
NOTWITHSTANDING the strong
~ opposition of France, it appeared
probable the allied Preparations CON-
mission would grant Germany's for
NAL request for a moratorium on
cash PREPARATIONS payments, after the
payment by Berlin Of the 100000
due on July Is. The amount was re-
duced from S12,5 O0,0O0 by the credit
ing of Germany with $4,500,O0O on
delivery of coal and dyes. The mora
forum asked is for 80 months and
the prediction was that it would be
granted on condition that the allies
be given control of Germany's finances
during that period.
The French asserted the collapse of
the mark and the threatened financial
downfall of Germany is due to the Ger
man policy of issuing unlimited marks
and to extravagant government ex-
penditures, and that the granting of a
moratorium would not change the
basic factors. They believe, in fact,
that Germany has deliberately engi-
neered her own insolvency in order
to obtain a reduction of the repara-
lions bill. In Paris it was said the
chamber Of deputies would overthrow
any cabinet that consented to a mora
forum unless there was a remission
Of the allied debts.
n REAT BRITAIN has no intention
N of asking that her war debt to
America be cancelled. Premier Lloyd
George has decided to name dele
gates at once who will come to Wash
lngton to confer regarding the refund
ing of the debt in accordance with
the terms Of the Mellon act. These
delegates are to have plenary pow
ers and are to assure the United
States officials that Great Britain does
not consider the American debt as
involved in Europe's war debts or In
the Preparations. Gold shipments to
pay the interest will begin in August.
N ODGING and squirming and evad-
~ ing direct replies to direct
queries, the Russian delegates in the
international conference at The Hague
had, by the end of the week, brought
that conference just about to the
b~reaking-up point. Their efforts we're
directed toward r%upturing the solidar-
kity of the non-Russians So that they
might lay the blame for failure on
some and then enter separate nego-
tiations with others, especially the
British. In this they seemed to have
failed, for the British stood solidly
with the French and others in the de-
mand shat the Russians recognize the
pre-war debts, give guarantees for
the credits they asked, and state def
nitely on what terms they would re-
store foreign property to its owners.
All this the Russians refused to do,
and their attitude made so useless
further continuation of the confer
ence that many of the delegates ar
ranged to start for home at once.
a THOUGH the Irish Free State
"A forces are successfully "mopping
up the rebellious republicans, the
disorder In the island is still such that
the first session Of the new parlia-
ment has been postponed again until
August Is. By then, 1t is believed,
conditions will be normal and there
need be no involuntary absentees.
Ulster has thrown another monkey
wrench into the new Irish machinery.
Premier Sir James Craig says Ulster
wild not participate in the joint cOm-
mission which, under the treaty, was
to have carefully marked out the
frontier between the north and the
south. The border, as 1t now stands,
ia a continual source OF strife.
ON THE recommendation Of Sen
~ ators Mckinley and McCormick
and the Illinois Bar association, Pres
ident Harding has named James II,
Wilkerson Of Chicago to be federal
Judge Of the northern district Of ILL
nois to succeed Judge Lands. Mr.,
WiIkerson has had a long career as
county attorney, member of the ILL
nois legislature, assistant and later
United States district attorney and
assistant to Attorney General Brun.
dage Of Illinois.