Evening star., 1932-07-09

1 conference.
The Lausanne conference was con-
! voked on invitation of the governments
| of Germany, Belgium, France, the
| United Kingdom Of Great Britain ana
Northern Ireland, Italy and Japan in
! Accordance with the announcement
made at Geneva on February Is, 1882,
ON behalf of those governments. The
object of the conference was as fol-
| lows: To agree to a lasting settle
ment of the questions raised IN the re-
port of the Basel experts and on meas
| IlreS necessary to solve the other eco
nonic and financial difficulties which
are responsible for and may prolong
the present world crisis.
The conference was opened at Lau-
| same, June 16, by his excellency M
/ Giuseppe Motta, president OF the SWISS
/ Confederation; M. Jules Dutour, preSl-
dent of the government OF the canton
of Vaud, and M ballard, mayor ol
| Lausanne, also being present,
In addition to inviting the govern
ments mentioned above, the govern
ments of the following countries were
renresented: The Commonwealth OF
Australia, Canada, Czechoslovakia, new
| Zealand, Poland. Portugal, union Vi
South Africa and Jugoslavia..
The governments of Bulgaria, Greece,
| Hungary. India and Rumania were SUD-
seouently represented at the conference.
The conference elected as lts presl-
dent the Right Hon. j. Ramsay mac
Donald, prime minister OF the Ohlteo
| Kingdom; as the secretary genera, Sn
Maurice Hankey, @. Z. b., ". y. w.. Mi ~.
On .h,ne 16. 1882, the representatives
! of the Governments of the United King
| dom and Northern Ireland. France,
( TtaIv Belgium and Japan signed the
! following declaration: 49, ..
"DeenIy impressed with the 1ncreas-
ing gravity of the economic ana IlIlaLi,
ciel nerils which overhang the world
and with the urgency Of the problems
which the Lausanne conference has hao
| tn consider; firmly convinced tnat IneSe
| nroblems require a final ana oeLlnlCe
solution directed to the improvement
| of European conditions, ana tnaI IlllS
solution must be pursued hencelorWaFo
without delay or interruption with a
| view to its realization in the framework
| of a general settlement; noting that
| certain payments of reparations ana
war debts will fall due as from July l,
next,
| 1--WE are of the opinion, in order to
! hermit the work of the conference TO
proceed undisturbed, that, without prel-
udice 70 the solution which may ultl-
mateIy be reached, the execution OF the
payment due to the powers participating
| il the conference in respect OF repara-
| tions and war debts should be reserved
during the period Of the conference
which the undersigned governments
contend should complete its work In
! the shortest possible time.
"It is understood that the service of
market loans will not be affected by
these decisions.
''The undersigned governments de-
clare that they. for their own part, are
prepared to act on this understanding,
and they invite the other creditor gov
ernments taking part in the conference
| to adopt the same course"
In accordance with the invitation
contained in the last paragraph Of the
said declaration, the governments OF the
Commonwealth of Australia, Canada,
| Greece, India, New Zealand, Poland.
Portugal Rumania, CzechosloVakia, the
Union of South Africa. Jugoslavia. sub
seouently associated themselves there
with.
On the occasion of this declaration
certain governments addressed to the
president of the conference letters
which have been placed in the archives.
AS a result Of meetings held from
June 16 to July 8. 1882, the following
| instruments were drawn up.
/. Agreement with Germany.
2. Transitional measures relating to
Germany.
8. Resolution relating to non-German
| reparationS.
4. Resolution relating to Central and
Eastern Europe.
5. Resolution relating to the World
Economic and Financial Conference.
The present act, OF which the Eng
| lish and French texts are both authen-
! tic, will remain deposited in the ar
| chives of the government of the French
Republic, which will deliver certified
copy to each Of the governments who
have taken part in the conference at
Lausanne, and also the other govern
| ments who took part in The Hague
! conference Of 1929-30.
Done at Lausanne In a single copy.
ANNEX /.
| Agreement With Germany.
The government of his majesty the
King of the Belgians. the government
| of the United Kingdom of Great Brit
ain and Northern Ireland, the govern
ment of Canada, the governments OF
! New Zealand, the government OF the
| Union of South Africa, the government
| of India, the government of the French
Republic, the government OF his majesty
! the King of Italy, the government OF
! his majesty the Emperor of Japan, the
! government Of the Republic of Poland,
| the government of the Republic OF Por-
! tugal the government of his majesty
I the King of Rumania, the Czechoslo-
vakian Republic and the government OF
i his majesty the King Of JugoSlavla,
| hereinafter described as the creditor
governments, and the government OF
! the German Reich,
Recognizing that the legal validity OF
the agreement signed at The Hague on
! January 20. 1882, is not in question,
but concerned by the economic diff
| clllties resulting from the present crisis,
! and being desirous to make, so far as
| they are concerned, the necessary et-
forts to insure the confidence which is
| Indispensable to the development OF
! normal economic and financial rela-
tions between the nations;
The undersigned, duly authorized to
that effect by their respective govern
ments, have agreed upon the following:
Declaration.
The powers signatory of the present
agreement have assembled at Lausanne
to deal with one of the problems re-
| sulting from the war, with the firm in
tention of helping to create new order
permitting the establishment and de-
! velopment of confidence between the
nations in a mutual spirit of reconcilia-
ton, collaboration and justice.
They do not claim that the accom-
plishment at Lausanne, which will COM
pletely put an end TO reparations, can
alone assure that peace which all the
nations desire. but they hope that an
achievement of such significance and SO
arduously attained will be understood
and appreciated by all the specific ele-
ments in Europe and the world and
that it will be followed by fresh achieve
| ments.
These further successes will be more
readily won If the nations will rally to
this new effort in the cause OF real
peace, which can only be complete II
it is applied both in economic and In
the political sphere, and reject all pos
| sibility of resort to arms or to violence