Evening star., 1932-07-06
LAUSANNE ACCORD |
NOW SEEN CERTAIN
Experienced Observers Say
Outlook Is for Arms Agree
ment at Geneva Also.
BY PAUL SCOTT MowRER.


BY Radio to The Star
LAUSANNE. July 6.-It looks today
as if Europe at last is getting ready to
make real peace.
While there is still a certain amount
of rancorous haggling going on, expert
enced observers including British Prime
Minister Ramsay Macdonald himself,
seem to feel now that an agreement
here is certain and that an agreement
In Geneva on disarmament is almost
equally certain some months later.
The importance of this outlook to
peace and the economic recovery of the
world can scarcely be exaggerated. it
Is said. The whole reparations chapter
OF the treaty of Versailles, including
the famous war guilt clause, would be
superseded by a new Lausanne agree
ment and disappear
Similarly the Geneva disarmament
agreement would supersede the disarm-
ament chapter Of the treaty of YER
sailles. Germanys equality with the
other powers IN ali vital respects thus
would completely be restored. The
campaign platform Of the German ex-
tremists apparently thereby would be
destroyed and a way might be opened
for an era Of political stability IN Ger
many.
U. s. Approval Necessary.
Naturally all this would, to some ex-
tent, be contingent on American CO.
operation and approval both at Lau-
same and at Geneva, for there is no
intention Of negotiating a disarmament
treaty displeaSing to Washington, while
the Lausanne accord, when and IL
reached, will be made to depend indi~
rectly on some new war debts settle
ment.
Macdonald, however. feels confident.
1t is declared, that his faith in the wiss
dom and generosity of the United
States Will never prove to have been
misplaced.
The tentative accord, which today Is
In full negotiation with editing and
comparison Of various draft texts, as
already foreshadowed in these dis.
patches, contains the following points:
l. Cancellation Of reparations. The
Germans seem to want a specific dec
laration that chapter 8 of the treaty Of
Versailles, including the war guilt
clause, disappears. The French prefer
to glide over the subject, though the
effect in both cases apparently would
be the same.
2. A final German payment to a
European reconstruction fund. The
French insist on 1000, 900, 600 marks
($952 ,000,000) and the latest German
offer - originally 1000 100000 marks
($476,000,000) is $500, 200, 900 marks
($61S,S00 ,0o0).
There are still Emergencies on nearly
all details as to whether this payment
should be in cash or in bonds or both,
whether in annuitieS or in a single
payment, and whether, If bonds, when
and how they should be issued and how
secured.
The French still want them secured
by the German railroads, while the
British feel that Reichs bank guar
anty is SUFFICIENT. In any case, there
would be three-year clear mora
torium for Germany
New Debt Settlement.
8. BY the expedient of delaying rati-
fication, the agreement would be made
contingent on some new American war
debt settlement. The French propose
to annex protocol on the subject The
British prefer to leave a mere tacit
understanding. The Germans object to
the idea of delay.
T. A new arrangement on intra-Euro-
pean debts. These are mostly owed to
Great Britain. Great Britain would
grant one to three year moratorium,
but clings to the Balfour declaration,
which makes Great Britain's receipts
contingent on its payments to the
United States.
Italy wants its debt to Great Britain
Cancelled. France wants renewed rec
ognitiOn of the letter attached to the
Franco British debt funding agreement,
whereby it was implied that If Ger
many ceased to pay then France might
cease.
S. A declaration of political truce.
The Germans want to make this de-
Germany equal armament rights. It Is
possible that there will be some sort
of statement on this subject appended
to the summary of the present dis
armament agreements. which Sir John
Simon, British foreign minister, is now
drafting With view to adjourning the
Disarmament Conference on July Is
until next Autumn.
1t is believed the Simon draft viii
courteousiy salute the Hoover proposals
and then list as present ACCOMPLISH
mentS of the Disarmament Conference,
without prejudice to future additional
accomplishments and yet insuring ulti-
mate success in any case, the follow
ing points:
Abolition of all forms Of gas and
meteorological warfare. Abolition of
heavy mobile artillery above q certain
meteorological warfare. Abolition Of
bombing from the air. Abolition OF
tanks above certain weight. Aboh-
ton Of the larger types of submarines.
Some form OF budgetary reduction. Sta
btlization Of electives at the lowest
possible levels.
tCopyright, 1932O