The Pickens sentinel. (Pickens, S.C.) 1911-2016, 1922-01-19

Washington conference announced
that Japan also would be represented. !
Already steps have been taken to !
start the rehabilitation Of BurOpe. The |
economic committee Of the supreme
council has decided upon an interna-
tional corporation with capital of
f2,OO0,0OO (about $8,OOO,0OO) with Its
scat In London and with 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 n combined capi-
tnl equivalent to f2O,0OO,00O (about
SSo,OOO,OOO) These corporations will
serve ns mediums for credit trans
actions and to facilitate the activities
OF private enterprises in all countries
where the business field now is ob.
strurted by lack Of credits and dis.
organized finances. This plan pre-.
surposes the organization OF affiliated
companies in Germany rs well AZ 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
"f opinion as to the methods OF scrnp.
! ping the Us capital ships that are to
be given up by the United States,
Great Britain and Japan. Six on
tional methods are prescribed, and
Mr.. Ralfour objected to the PROPOSE
tion Of Mr.. Hughes that the bulk of
the retired ships be destroyed ali
solutely. The British were not viii.
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 he ad.
tusted amicably. Another cause OF de.
lay was Baron Katss desire TO vet
I further Instructions from Tokyo con.
cerning the agreement to maintain the
status quo OF Pacific ocean naval
bases and fartf,cations. The question
was as to what Japanese islands
/ should be excluded as comprising
Japan proper"
/ o Negotiations regarding Shnntuns
| were resumed last week by the Jan.
anese and Chinese delegates and il
was predicted all agreement would be
reached before long. Consequently
, the delegates az all nations In the con.
ference hegan drawing up 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
NAIL ElREANN having accepted
- the Irish peace treaty, the parlia-
ment OF southern Ireland last Satur.
day completed the action by formally
ratifyiag the pact. and the Irish Free
state is In process OF being con-
Stituted Eamon de Valera resigned
on Monday as president OF the Irish
republic and his reelection was
moved. The motion was lost. IS 10
to and for few moments De Valera
appeared as really great man. de-
clarinG he would Loyalty accept the
/ decision. would do all he could to
/ sSoad embarrassing the new govern
ment, and would even help il whe,.
'hat WAS possible wi,hour sacrificing
ms principles. Later the Sim Fein
"'e'"',NiiHoie women persuaded him
20 INQUIRY This generous ,nsitIon. and
the chances NJ uaity In the ranks faded
away.
Next day after message NJ ,,,n.
grat0suoa 10 Ireland from the n.ns
had been read. II MAS moved tb,,
Arthur Grifi,h be elected, pr.s,a.n,
M the Dali AMI 4 hot debate ensns.l
fna:ly Ita Valera and his supwsr,s,.
walked out Of he hail and the az
remaining telegS es unanimously e,ec,.
ed Grifsith. The aew rres,dsn, a.,
oace announced that his cabinet wosl,
be as follows: Minister OF hnsncs
Michael Collins; FoSeign minister
George Gavan Dufy; Home minister
Esmon j. Dusgsn; Local government.
willism CoSsrove; Mennonite affairs
Bryan OIIigsins: nefen<e. Richan,
Mulcahey. These, then. are the men
who will constitute the provisional
government OF the island 10 which the
cosduCs oS affairs will he turned oxes
by the British authorities as rapidly
as possible The eolterS returned in
the afternoon and De Valera stated
though he considered Gfif6th's position
impossible. he would do nothing "a
tpaSf te rs sH'.ya"jli., lts ss@t. g
III