Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-18
The Story the Week Has Told

SLAMS, Of appearance Of Russian gun
boats on the Sungari the which are
to be received cautiously.
UNITED STATES OF AMERICA
The new director of the budget is Col.
James c. Roop of Nebraska. Col. Roop
served as an assistant to Gen. Dawes
during the first year of the operation
Of the budget system. and during the
war he served under Gen. Dawes in
France. Since the war he has been
engaged in banking in Chicago. He was
a member of the recent Dawes mission,
which reorganized the fiscal and flnan-
cial system of Santo Domingo. He is
said to be making a considerable per-
sonal financial sacrifice in undertaking
the budgetary job.
DR.. George p. Merrill. for 80 years
head curator Of the department of
geology, United States National Museum,
and geologist of great distinction, is
dead at rs.
On August IL Babe Ruth smashed his
thirtieth home run of this season, the
which was also his 500th major league
home run.
THE YOUNG PLAN.-I recorded last
week how on August Philip Snowden,
British chancellor of the exchequer and
chief British delegate to the confer
ence of government representatives at
The Hague for consideration of the
Young plan, gave a terrific jolt to the
conference by delivering an ultimatum.
The Young plan distribution of German
payments must, he declared, be modified
so as to perpetuate the Spa percentages
(Which we're continued under the Dawes
plan), and this as to the NON
70 "a r.
ponable" part of the annuities; and the
system of payments In kind must cease
at once instead Of being continued in
operation Though nominally on q
diminishing Scale) over 10 years. Pend
ing favorable decision on these points.
the British delegation declined further
participation in the discussions. He
offered resolution calling for sub
mittee Ito require the scheme OF the
distribution of annuities to bring 1t into
accord with existing interallied agree
ments."
The sequel Of the ultimatum Is not
made as clear as one could wish by
the dispatches, but 1t would seem that
Mr.. Snowden apparently complying
with instructions from Premier Mac
Donald) withdrew 1t, consenting to par
ticipation of the British delegation IN
the conference on normal. non
stantially reduced the British demands.
The revised demands Il repeat that
the cabled dispatches lack perfect
clarity seem to be: GAY Britain must
receive 5000, 900 marks yearly over 90
years out of the German payments IN
addition to the amounts allotted her py
the experts at Paris, the new total
British share of the payments to CORE
spond to 20 per cent tthe Spa percent
%
annuities as established by the experts.
(b) Eighty million marks annually
of the British share must be shifted
from the ''postponable" to the nom
Fashionable" category de, over the 81
years of the life Of that category; (c)
the yearly proportions OF payments IN
kind proposed by the experts to be CUT
down (by how much does not appear
and certain provisions OF the plan con-
cries in kind outside the normal sched-
ule to be stricken out: cd Italy. winch
has counted much on reparations coal,
| to agree to take fixed amount OF Eng
| lish coal annually.
The above Is probably Greek except
| to those very familiar with the Young
plan, but I leave it for the beneht OF
the latter. Moreover. even the reader
not SO familiar cannot fail to see that
| the British demands call for read
| iustnnents elaborate and very question:
| able as to the acceptability. Increase
of the German payments is out OF the
/ question, and compliance with (a) and
| (b) is scarcely comfortable, except at
the expense of France, and the French
correctly point out that, great as is
| the British sacrifice proposed by the
Young plan, it is less than proposed
4 for France. (But note that, very justly
the British do not consider their pro-
uosed new sacrifice by itself, but they
regard It Is 3 back-breaking addition