12 JULY 1924, Page 1

NEWS OF THE WEEK.

THE lately displaced Poincareists in France have lost . no time in their counter-attack on M. Herriot. They took as their opportunity Mr. MacDonald's invitation sent to Belgium, Italy and France for the London Con- ference on the 16th. Sir Eyre Crowe enumerated five points which would have to be settled by the Con- ference :- " 1. A general declaration that the report is adopted in its entirety.

2. An undertaking on the part of the German Government to take all measures, legislative, administrative and other, required under the report by a given date to be fixed in the protocol itself, power being given to the Reparation Commission to postpone that date if it should be found at the time that the German measures are not ready. 5. As a counterpart, a pledge on the part of the Allies that all the, economic and financial sanctions which impede the economic and administrative liberties of Germany both inside and outside the territories occupied under the Treaty of Versailles shall be withdrawn, also by a given date, this date to follow at an interval of, say, a fortnight, the date fixed in No. 2.

4. An undertaking that these sanctions will not be reimposed except in the circumstances contemplated in the report, some authority other than the Reparation Commission being invested with the power to declare whether those circum- stances have at a given moment arisen. In this connexion resort might be had in some form to the League of Nations or its financial committee.

5. Disputes arising between the parties to the protocol as to its interpretation or application to be referred to the Inter- national Court."

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