21 JUNE 1919, Page 1

NEWS OF THE WEEK.

IHE Allies on Monday presented their revised Peace terms 7

to the German Delegates at Versailles. They gave the Germans five days in which to come to a decision, but late on Monday extended the period of grace to seven days. On Monday next, therefore, at seven o'clock in the evening, the Armistice will expire. If the German Government do not accept the Treaty by that hour, the Allied armies will advance across the Rhine under the command of Marshal Foch. It may be inferred that the Allies will in that case reconsider the Peace terms, but that they will not be inclined, as at present, to err on the side of generosity to an unresponsive and unrepentant foe. For our part, we feel confident that the Germans will sign the Treaty. Each of the rival 'political parties is reluctant to assume the responsibility for admitting defeat, lest its opponents should make party capital out of its action.