Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1922-01-20

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
100000 (about $8,000,000) with it's
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 E20000,000 (about
$80,000,000) 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.
EINAL 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 68 capital ships that ere to
be given up by the United States,
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
to peace time uses. No doubt was
felt that this dispute could be adj
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 it
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.
DAIL EIREANN having accepted
II 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. cannon de Valera resigned
on Monday as president of the Irish
republic and his reelection was
moved. The motion was lost, 80 to
so, and for a few moments De Valera
appeared as a really great man, de-
claring he would loyalty accept the
decision, would do all he could to
avoid embarrassing the new govern
ment, and would even help it when
that was possible without sacrificing
his principles Later the Sim Fein
| irreconcilable women persuaded him
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, it was moved that
! Arthur Griffith be elected president
of tue Dali and hot debate ensued.
| Finally De Valera and his supporters
walked out Of the hall and the 60
remaining delegates unanimously elect
| ed Griffith. The new president at
once announced that his cabinet would
be as follows: Minister of finance,
Michael Collins; Foreign minister,
| George Gavan Duffy; Home minister,
cannon ]. Duggan; Local government,
William Cosgrove; Economic affairs,
Bryan O'Higgins; Defense, Richard
! Mulcahey. These, then, are the men
who will constitute the provisional
government of the island to which the
conduct of affairs will be turned over
by the British authorities as rapidly
as possible The boilers returned In
the afternoon and De Valera stated,
though he considered Grifith's position
impossible. he would do nothing to
hamper him so long as he did not
appear to be subverting the republic.
Later De Valera told a correspondent
that he would refuse to recognize
any government but the Irish republic