Evening star., 1923-01-07

The Lausanne Conference-The conference
is more tightly deadlocked than ever. Not
only has Ismet made no concessions during
the week. but he is said to have withdrawn
all those previously made. He is grown par
ticularly cocky since the smashup at Paris,
expecting that France in dudgeon therefore
will swing over to Turkeys side. 1t is averred,
however, that the 'irreconcilabie differences of
opinion" reparations will not affect allied
relations at Lausanne. Perhaps not; but to
expect that they will not. at least indirectly.
do so. is to expect good deal of human
nature.
The allied delegates are preparing a treaty
to be handed to the Turks to sign. They are
tired of higGling and niEglng The Turks are
preparing. treaty to hand to the allies to
sign They are tired of higgling and niggling.
1t is jolly party. -...
i !: * = -
The Paris Conference.-In the following l
attempt to present the essential features of
most complicated matter as lucidly possible
and in spirit of neutrality:
Premiers Bonar Law of Great Britain, Poin-
care Of France and Theunis OF Belgium, and
the Marquis Della Torretta representing
Premier Mussolini Of Italy) met at Paris Tues
day. Bonar Law submitted a British and
Poincare a French plan for reparations set
tlement. These plans (however cloudy and
in proposing cancellation of the bonds of
the 1921 London schedule and annulment of
Otherwise the two plans differ greatly. The
British plan proposes cancellation of the A
of two new series in place of them 1t pro-
poses complete moratorium for four years.
except for certain deliveries in kind, of
coke to France and coal to Italy: payment of
two billion gold marks yearly during the sue
ceeding four years: payment of two and one
half billion gold marks yearly during the fol-
lowing two years. and payment, after ten
years. of not less than two and one half billion
marks and not more than three and one-half
billion marks yearly until the total (discov-
cred by an elaborate calculation TO be approxi-
matelX OF the present value of fifty billion
gold marks) is paid. The British plan pro-
poses also a foreign finance council. with its
seat at Berlin to which should be transferred
practically all of the powers of the present
guarantees and which should include not only
representatives of Great Britain. France Italy
and Belgium. but also an American representa-
tive and a representative OF a neutral Euro
finance minister ex-oficio chairman. The
last stated provision Chowever. calculated to
save the face of the German Rovernment)
seems awkward in itself and IL naturally gave
tion of the finance minister with the council
in its ordinary proceedings would seem essen
ttal. The British plan requires the German
government to stabilize the mark and to bal
ance the budget within time limits to he pre-
scribed (six months is suggested for stabiliza-
tfon and two years for budget reform) and to
council should find that Germany had through
her own fault, failed to carry out the above
named reforms prescribed) to any measures
the allied powers should unanimously decide
German revenues and assets and the taking
over OF German fiscal machinery and military
occupation of German territory outside the
treaty occupation area"
The text OF the British plan is most. elab-
orate and only what seems to. it's most
salient features are set forth above. It shows
throughout an extreme solicitude for the e.
covery of German credit. which recovery is