The Raymer enterprise., 1923-04-26

government would ask Secretary
Hughes for advice as to how this finan-
cial court might be brought into ex-
istence.
FRENCH experts are working on a
: revision Of their reparations plan
representing the utmost concessions
the Poincare government will make.
In brief, 1t is this:
First, two years moratorium for
Germany on payments In cash, but con-
tinued occupation Of a portion Of the
Ruhr as guarantee.
Second, Germany is to continue the
delivery to France Of materials to
total Of 26,OOO,OOO,0OO gold marks
ts6,5OO, 100000. and also pay, after
the moratorium, 28,O000OO.OOO gold
marks In cash, which represents
Frances 80 per cent Of $4,000, 900, 600
gold marks (s12, 500, ,O0O0OO) in A and
B series bonds.
Third, France Is to write of such
amounts from the 2.OOO.OOO,O00 gold
marks t$20. 500. .000OO0) @ bonds as Its
creditors may reduce its debts. With
its share Of 50 per cent Frances hold.
ings Of these bonds represent trifle
more than .O00.0O0,0OO gold marks
$4,000, ,0O0, ,00O). France owes Great
Britain the equivalent Of 1900. .OOO 900
gold marks $4,000. .OOO,O ,O0O). and the
United States 10.00O.O0O.0OO ($2,5OO.-
0O0,OO0).
All this does not seem to presage
early accord, and the assertion made
above, that crisis appears to be
rather near, Is based on the fact that
the conditions are fast becoming un-
bearable. French measures Of repres-
sion in the occupied region are being
extended and made more stringent
daily; many industries are shutting
down; unemployment Is increasing.
and the workers have almost lost all
patience. The mark last week was
totterlng on the edge Of the precipice
Of almost utter worthlessness. Though
the industrialists have been support
Ing the governments policy Of passive
resistance, some Of them are now join
Ing with the Socialists in the demand
that a definite offer be made to France.
Chancellor Cuno may soon have to
yield or resign.
That France Is ''using a whale to
catch sprat" is the conclusion Of the
British Labor party's delegation that
investigated the Ruhr occupation. Its
report says In part:
I'm our judgment the situation can.
not adequately be dealt with by any
machinery under the treaty OF Yer
sailles, but requires new instrument,
International In character, In the fran.
ing Of which the German people should
participate"
TWELVE hundred members Of the
1 National Economic league council,
including many Of the most eminent
men in America, have participated in
a referendum on certain leading inter-
national questions A considerable
majority Of them declare that the
French occupation Of the Ruhr to col
lect reparations Is justlnable; that
America should support a world court /;
that America should Join the League
Of Nations, with reservations. and
should promote an International con-
ference on war finance problems.
Slightly more than half thought the
interest on war debts owed to the
United States should be limited to 8
per cent.
THE Republican national committee
L doesn't approve Of Lord Robert
Cecil and "other propagandlsts" who
are trying to convert the United
States to the League Of Nations idea.
It has issued statement denouncing
the foreigners who come to America
ITO tell what q sordid, clay-footed,
selfish people we are, simply because
we refuse to become an active partner
In Europe's bankruptcy and hatreds."
The committee urges chambers OF
commerce and other organizations to
quit lionizing these foreigners at their
conventions and meetings and to fea.
ture instead American citizens who
preach the good old gospel Of Amer.
icanlsm and minding our own business
DREMIER LENIN Of Russia. still con-
I fined to his bed, sent to the open
Ing session Of the all-Russian COM
munist congress the word that the
soviet retreat must be stopped and the
government must arouse itself against
recent attacks from within which are
aimed at re-establishment of capital
ism. Zinovieif, who carried his chiefs
message, made mention Of the protests