The Colorado statesman., 1922-07-22

four vessels of not more than 100
tons burden, each carrying not more
than one 1S-pound gun. Mr.. King
thought this an opportune time to
suggest to our government that the
agreement be given permanency in
formal treaty. Some of the author
tiles in Washington thought the Cana
dian prime minister was trying to
take n fller of his own in the dis
armament market for political pur-
poses"
NOTWITHSTANDING the strong
opposition of France, 1t appeared
probable the allied reparations COM
mission would grant Germany's for
NAL request for a moratorium on
cash reparatlons payments, after the
payment by Berlin of the SS,0OO,OOO
due on July 10. The amount was re-
duced from $12,5OO,OOO by the credit
ing of Germany with S4,5OO,000 on
delivery of coal and dyes. The mora
torium 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
moratorium would not change the
basic factors. They believe, in fact,
that Germany has deliberately engi-
neered her own insolvency in order
to obtain reduction of the repara-
tlons bill. In Paris it was said the
chamber of deputies would overthrow
any cabinet that consented to mora
torium unless there was remission
of the allied debts
y REAT BRITAIN has no Intention
" 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
ington 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 reparatlons. Gold shipments to
pay the interest will begin in August.
N ODGING and squirming and evad-
~ ing direct replies to direct
thn 1nl
international conference at The Hague
had, by the end of the week, brought
that conference just about to the
breaking-up point. Their efforts we're
directed toward rupturing the solidar-
ity 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 that 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 LTHOUGH 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 10. BY then, it 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
will 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 it now stands,
| Is a continual source OF strife.
| an THE recommendation or Sem
~ ators Mckinley and Mccormick
and the Illinois Bar association, Pres
ident Harding has named James a.
l TNl.I l.