Evening star., 1924-08-03
DAWN OF NEW ERA FOR EUROPE
HAILED IN SUCCESS OF PARLEY
Germans Coming to London Tomorrow In Reason.
able Mood-An,ericdn Aid In SOlUing
Conference Problems Highly Praised
Continued from First Page.)

CONTINUED from First Page.)
by a high American authority to-
night. One point which DR.. Strese-
mann surely will raise Is the ques-
tion of military evacuation of the
Ruhr. The Americans expect he will
demand this be brought about more
speedily than by the two-year de-
parture by progressive steps which
has been informally agreed upon by
the French, Belgian and British dur
ing the conversations held outside the
present conference.
Macdonald Kept Busy.
Completion Of the conference labors
today enabled the delegates with the
exception Of Premier Macdonald. to
get much needed rest. The premier
hurried from the foreign office to the
colonial office to confer with ]. H.
Thomas. the colonial secretary and
William T. Cosgrave, head Of the
Irish Free State. on the Irish ques-
tion
Ambassador Kellogg went to
Coombe Hill for few hours of golf.
Premier Herriot very much worn by
the arduous work of the last week,
sought a physician; Mr.. Logan swung
aboard a train for the channel on a
short visit to Paris while most of the
other delegates are seeking quiet In
| the country. Mr.. Macdonald went To
CheQuers Court late tonight
| Ambassador Kellogg; who is Tar Tar
| conference, showed little sign OF
fatigue. although he has attended
| every plenary session and meeting or
| the chief delegates. The conference
| has kept him in White Hall until 3
o'clock nearly every night since 1t
| started and often necessitated early
morning rising for diplomatic break
| fasts which are popular with British
| prime ministers.
Crowds Watch Delegates.
| When the conference adjourned this
morning there were crowds under the
| foreign office arches and around
| Downing street waiting to catch
| glimpse of the delegates The news
papers recall that there were similar
| crowds on the very Saturday a decade
| ago when Europe was. at the edge
| of the world war, which brought the
problems this conference is trying
| to settle. Monday is the tentn ami
| versary of Great BrltalnS declara-
tion of war.
| The conference was unanimous on
| the recommendations submitted to II
| by the committee studying lie dues
| ton of Germany's possible detault
| under the Dawes plan and the sane
| tions to be applied. The repara tion
| commission, which constituted the
first judge of Germany's faith, Is
| enlarged by the appointment or an
| American citizen to be named by the
| reparation commission If 1t can reach
a unanimous vote; otherwise he viii
| be named by the president or The
! Hague court.
In the application of sanctions i,
| Is stipulated that 'if a default by
| Germany is established the repara-
tion commission will forthwith give
| notice of such default to each OF the
| interested powers and may make such
| recommendation as to the action &c
| be taken in the consequence OF suct
default as it may think necessary"
Appeal Is Provided.
From any vote that is not unan.
imous any member of the reparation
commission who has participated in
the vote may within eight days from
to a commission. composed OF three
impartial and Independent persons
whose decision shall be final.
The chairman of the arbitral CON-
mittee, it is stipulated, shall be an
| American citizen.
This concession to the principle OF
| arbitration was granted to placate
the bankers opposition, but the right
to separate action by France in the
event of German default, which the
bankers steadily opposed a. leopard
| izing the security of investors in
the German loan, would seem to be
maintained in the phrase setting
forth that "all existing rights OF the
signatory powers under the treaty
of Versailles read with the Dawes
report are reserved"
IF Germany shall be declared In
default" it is further stipulated
the signatory governments, acting
with the consciousness OF joint
trusteeships for the financial inter
est of themselves and OF persons who
advance money upon the lines OF the
! (Dawes) plan, will confer at once
on the nature of the sanctions to be
rapid and effective application.
German Assets Pledged.
The provision whereby all Ger
a lien for the loan in event sane.
tions are applied for a default, never
contested, is retained
The experts committees report
regarding reparauon transfers
which the plenary session also
The first asks Germany to give as
surances that it recognizes the trans
fer committees right to purchast
any commodities on an ordinary com
mercial basis after the treaty Of
Versailles obligations have been full
filled. Coaly coke and dyestunS are
particularly mentioned.
| Other assurances are asked tina
lno maneuvers in Germany shoult
prevent the allies erom purchasing
needed goods.
The second resolution recommend.
that Germany be asked to accept th'
establishment of a special commit
tee not exceeding six members ant
consisting of an equal number o
allied and German representatives. u
determine the procedure for placini
orders and the conditions for carrying
out deliveries in kind. In case o
! a committee disagreement a neutra
can be selected as the seventh mem
Der.
Mny Pick Neutral Arbiter.
The third resolution provides that IL
case of differences between German!
and the transfer committee over pur
chases of goods neutral arbitrator Ii
to be chosen by agreement between tn
two parties, or, failing agreement, b!
the president of The Hague court
The fourth outlines methods TO
modifying the Dawes plan. 1t pro
vides for appeal from a decision o
the reparation commission. with tn
American member sitting, to the com
mittee of three independent, impartia
experts chosen by agreement betweel
the reparation commission deciding
unanimously, and Germany, or in cas-
of disagreement by the president o
The Hague court. The reparation com
mission must first submit a charg
that defect has occurred to the com
mittee, consisting of the agent gene
raj for reparations, the trustee TO
railway and industrial bonds, railwa.
commissioner, bank commissioner ant