Five Mile Beach weekly journal., 1922-07-14

O-4Adllll Ju kAEdA VI OAllNuSOg JhfOAAh
Socialists of a share in the govern
ment. The bourgeois parties fear that
this would interfere with Germany's
obtaining financial relief abroad.
TT LOOKS at this writing as though
L the conference at The Hague would
come no nearer to settling the Rus
sian problem than did that at Genoa.
The soviet delegates in response to
the demands of the allies submitted
what they called the Russian budget,
but Chairman Alphand Of the commits
sion characterized it as a project"
and the British called it IAN amazing
document" This budget admitted that
one-fifth of the entire n con-
sisted of new issues of paper rubles
and undertook to show that the more
rubles were printed the more valuable
they Demonstrating indeed. The
budget figures, which were in gold
rubles, were calculated on an arbi-
trary rate in paper rubles every three
months. The allied experts were
dazed by all this.
The Russians caused further dis
sension by putting out two question
naires demanding to know the social
positions, the professions, the
nues and the family positions of all
previous holders of property, bonds
and securities who have claims against
Russia. Though told this was prac-
tically impossible and unnecessary,
Litvinoff insisted his government must
have this and other Information as a
basis for concrete proposals for the
settlement of each case. Finally a
list of the private agricultural claims
of French, British and Belgian ma
tionals was presented TO him, and the
matter was taken under further con-
sideration.
Representatives Of large financial
groups have arrived at The Hague,
and it may be that Litvinoff will be
able to trade a lot of concessions for
private credits and so carry back GER
ldlu NdluuDlc ICculiS W N1OSOOM CNCll
If the formal negotiations fall through.
XXTHEN the League of Nations as
w sembly meets In September 1t
will have a definite program for re-
duction of land and sea ornaments.
The leagues commission on disarma-
ment has been in session in Paris and
has approved Lord Robert Cecil's plan
providing for a general reduction Of
air and land forces under the super
vision of the league, and for CONT
mental alliances against aggression.
The commission also adopted the
British scheme for extending the
Washington naval accord to all ma
lions. Objection to limiting the al
liances to continents was met by the
statement that no nation would be
barred from aiding a country that was
attacked, no matter on what CONT
lent.
dispute in the conference at Wash
ington is delayed by the action of the
Peruvian delegates. Chile had &C.
cepted the plan offered by Secretary
Hughes, but the Peruvians have quail
fed their acceptance in such a way
that further negotiations are neces-
sary. Chile's attitude is explained by
her spokesman as a thoroughly con
%ciliatory one, embracing a willingness
to accept Peru's suggestion for any
minor changes in the American for
mula so long as the major principles
laid down by Secretary Hughes ac-
cepted by Chile are not disturbed.
N REARY tariff debates in the SEN
ate grow acrimonious occasional
ly, and now and then even interesting.
Last Wednesday, for instance, Senator
Shortridge of California found oc-
casion to predict that a son of Ohio
would sit in the Presidents chair for
a good many years to come. Before he
a a chance to explain that he was
abiding to Mr.. Harding he was inter
rupted by Senator King of Utah with
the admission that the Californian was
correct and the assertion that the son
OF Ohio who would occupy the White
House next would be Senator Pome-
ene Kings fellow Democrats seemed
to approve the suggestion, so the
Pomerene boom may be considered as
launched.
THE sporting event of the week
was the prize fight between Ben.
ny Leonard, lightweight champion.
M Rocky Kansas in Michigan City,
nd. 1t was Leonard's fight all the
way and in the eighth round Kansas
was technically knocked out, his sec
onds throwing up the sponge.