12 APRIL 1924, Page 1

The Dawes Committee points out that it is useless to

build any constructive scheme " except on a basis of good faith," and they rely on all parties to carry out the scheme on such a basis. That is perfectly true. It is worth while for every country that wants peace to try' to help the scheme instead of disputing about small advantages this way or that. Early in the ;Report the Dawes Committee shows that there is no possible method of balancing the German Budget "either temporarily or permanently under the existing conditions." The scheme is therefore also based on the assumption that the fiscal and economic unity of the Reich will be restored —in other words, that the French economic control of the Ruhr will cease.