The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1922-01-27

Washington conference announced
that Japan also would be represented
Already steps have been taken to
start the rehabilitation of Europe. The
economic committee Of the supreme
council has decided upon an interna-
tional corporation with capital of
f2,OOO,OOO (abOut $S,0O0000) with its
seat In London and with a board Of
directors nominated by affiliated COM
panies In each interested country.
These countries, including the United
States, will organize corporations for
promotion only, with combined capt.
tai equivalent to f20,OO0OOO (about
$80,OOOOOO). These corporations will
serve as mediums for credit trans
actions and to facilitate the activities
Of private enterprises In all countries
where the business field now is OBJ
structed by lack Of credits and dis
organized finances. This plan pre-
supposes the organization Of affiliated
companies in Germany as well as in
the United States.
FINAL formulation of the naval
limitation agreement In the Wash
ington conference was delayed by sew
eral matters. One was difference
of opinion as to the methods of scrap
ping the 6S capital ships that are to
be given up by the United States,
Great Britain and Japan. Six OPP
tional methods are prescribed, and
Mr.. BalfOur objected to the PROPOSE
ton of Mr. Hughes that the bulk of
the retired ships be destroyed alb
solutely. The British were not will
ing to say yet what tonnage Of the
eliminated vessels they would convert
to peace time uses. No doubt was
felt that this dispute could be ad-
justed amicably. Another cause of de-
lay was Baron Kato's desire to get
further instructions from Tokyo con-
corning the agreement to maintain the
status quo of Pacific ocean naval
bases and Notifications. The question
was as to what Japanese islands
should be excluded as comprising
Japan proper"
Negotiations regarding Shantung
were resumed last week by the jap
anese and Chinese delegates and 1t
was predicted an agreement would be
reached before long Consequently
the delegates of all nations in the con-
ference began drawing up a nine
power treaty dealing with far eastern
affairs and especially with Chinese
questions. 1t is believed this will de-
| lay the adjournment of the conference
until the end of the month.
TAIL ElREANN having accepted
- the Irish peace treaty, the parlia-
ment of southern Ireland last Satur-
day completed the action by formally
ratifying the pact and the Irish Free
State is In process of being con
| stituted canon de Valera resigned
on Monday as president of the Irish
republic and his reelection was
moved. The motion was lost, 5S tC
90, and for few moments De Valera
appeared as really great man, de-
claring he would Loyalty accept the
decision, would do all he could tC
avoid embarrassing the new govern
ment, and would even help 1t wher
that was possible without sacrificing
his principles. Later the Sim FeiI
irreconcilable women persuaded hin
to modify this generous position, and
the chances of unity in the ranks faded
away.
| Next day after a message of con
graduation to Ireland from the pope
had been read, 1t was moved that
Arthur Griffith be elected president
| of the Dali and a hot debate ensued
Finally De Valera and his supporters
walked out of the hall and the @
remaining delegates unanimously elect
ed Griffith. The new president al
once announced that his cabinet would
be as follows: Minister Of finance
Michael Collins; Foreign minister
George Gavan Duffy; Home minister
canon ]. Duggan; Local government
William Cosgrove; Economic affairs
Bryan O'Higgins: Defense. Richard
Mulcahey. These, then, are the mer
who will constitute the provisional
government of the island to which tbs
conduct Of affairs will be turned ovel
by the British authorities as rapidly
as possible. The boilers returned II
the afternoon and De Valera stated
though he considered Grifiith's position
impossible, he would do nothing e
hamper him 30 long as he did moi
appear to be subverting the republic
Later De Valera told q correspondent