The citizen. [volume] (Berea, Ky.) 1899-1958, 1922-12-28

In the house further consideration
Of the Green resolution for an amend.
ment 20 the Constitution prohibiting
the issuance Of tax.exempt securities
as urged by the President and Secre
tary Mellon. was postponed until after
the holidays. Opponents Of the reso
luton said Il was beaten.
ENATOR LADD Of North Dakota
~ Republican, has introduced a
resolution calling for an investigation
by the senate foreign Affairs commit.
tee to ascertain the true state Of af.
fairs In Nicaragua. the facts concern
ing American occupation Of that re-
public. In 1910: why American forces
still are CHARTERED there, and "the
connection between certain New York
commercial houses and the Chamorro
Clan government Of Nicaragua The
resolution set forth various criticisms
Of the American policy In Nicaragua,
declaring that no state Of war exists
between the United States and Mica
ragua which would justify the per.
manent quarteang Of our military
forces upon a territory Of a friendly.
neighborly nation" that "the execu-
tive department has no constitutional
powers to maintain such invasion
without the consent Of congress"
THE naval appropriation bin. car.
IL - a
providing for an enlisted personnel OF
$4,000 men, was passed by the house
on Monday. II includes q request
that the President negotiate with for.
eign powers relative TO limiting con.
struction Of warcraft under 10000
tons. though Representative Mondel'
told the house Mr. Harding needed no
urging and would start the negotia
lions when he deems Il wise and
practicable"
A AMBASSADOR HARVEY IL on his
IA way home from England, having
been called for conference with the
President and his advisers concerning
the possibility Of the United States
bringing about a settlement OF the
reparations question and thus helping
20 relieve the financial distress Of Eu-
rope. The administration, II n under
stood. insists the reparations settle.
ment must be made without can
collation. Of the allied debts TO this
country. England and France appear
10 think this cannot or should not
be done. Mr.. Harvey's advice In the
matter Is regarded as valuable and
necessary.
The European nations are skeptical
concerning an American loan. and the
French especially dislike the idea
that Is said to be under consideration
declaring II bears the stamp made
10 Germany" Thomas w. Lamont Of
J. p. Morgan 4 Co. asserted In New
York that the American people have
no intention Of making a loan to Ger.
many because that country IL not In
a position at the present time ito in
spire our people with confidence to
buy its bonds" At the same time Mr.
Lamont stated conditions under which
he believed q German loan might be
fioated in this country at some future
time. not a large loan. but enough to
enable Germany ito get over the hill"
These conditions we're. he said. the
settlement Of the reparations prob
lem and the fixing Of q definite sum
so that Germany would be aware Of
her obligation. Following on the
ixatiOn Of this sum-" he continued.
Germany must set out on q period
Of denatiOn. There may possibly
come with that Q scheme Of the allies
for the supervision Of such denation.
including the administration Of Ger
many's customs. Even II loan 10
advanced ! doubt II Germany will be
lent sum sufficient to discharge her
repa rations debt"
Until the allied premiers gather
- In Paris on January 2 II will not
be known what course France will
pursue In regard to sanctions against
Germany. At present Premier Poin-
care 10 standing hrm. To American
correspondents he said France would
not accept any change In the treaty OF
Versailles calling for the evacuation
Of the Rhineland within less than the
Is years specified In II. He indicated
that his government was strongly OPP
posed to any solution Of the repsra-
lions question which involved eXpen.
sive French sacrifices. and that Ger.
many must give new guarantees for
future payments In order 10 obtain q
moratorium.
One result Of the rumors Of Amer
lean help was the sudden rise Of the
mark In Berlin. The people expected
TO find prices correspondingly reduced.
but were fooled.
WHILE the experts at Lausanne
w were drafting the Near East
peace treaty the conferees continued
TO wrange over the plans for the