The midland journal. (Rising Sun, Md.) 1885-1947, 1923-04-27

II AbGkNNAI cApcItS dTc WoIhIHS VII u
revision of their Preparations plan
representing the utmost concessions
the Poincare government will make.
In brief, it is this:
First, a. two years moratorium for
Germany on payments in cash, but con-
tinued occupation of a portion of the
Ruhr as a guarantee.
Second, Germany is to continue the
delivery to France Of materials to a
total of 26,OO0,O00,O0O gold marks
($6,5OO,OOO,0OO), and also pay, after
the moratorium, 26,O0O,OOO,O0O gold
marks in cash, which represents
Frances 50 per cent Of $4,000, 100000
gold marks ($12 ,5OO. 0,OOO) in A and,
B series bonds.
Third, France is to write off such
amounts from the S2,0O0,000,O00 gold
marks ($2O, 5000 OO,OO0) G bonds as its
creditors may reduce its debts. With
Its share of 80 per cent, Frances hold
ings Of these bonds represent a trifie'
more than 10000, 100000 gold marks
$4,000, OOO,O0O). France owes Great
Britain the equivalent of 10000, 900, 900
gold marks ($30O0,000.O 0O), and the
United States 1O,0O0,OO0,0OO ($2,500.-
OO0,OO0).
All this does not seem to presage
early accord, and the assertion made
above, that a crisis appears to be
rather near, is based on the factsthat
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
tottering 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 definite offer be made to France.
Chancellor Cino 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:
''In our judgment the situation can
not adequately be dealt with by any
machinery under the treaty Of YER
sailles, but requires new instrument,
~ pol IN IN ~, NJ ~. - fhn fra ~,
ing Of which the German people should
participate
T> WELVE hundred members of the
L 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 justifable; that
America should support 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
per cent.
THE Republican national committee
4 doesn't approve of Lord Robert
Cecil and 'other propagandists'' who
are trying to convert the United
States to the League of Nations idea.
1t has issued a statement denouneing
the foreigners who come to America
ito tell what a 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
icanism and mindlng our own business
DREMIER LENIN of Russia, still con-
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 establishment of capital
ism. Zinovieff, who carried his chiefs
message, made mention of the protests