24 SEPTEMBER 1927, Page 1

The Council on Friday, September 16th, authorized the further "

Refugee Loan " which the Finance Com- mittee recommended for Greece, and received a report from Bulgaria for financial advice and help. This was the last session of the old Council, which left to the new body the very tiresome complaint of Hungary against Rumania. There has been a good deal of propaganda about this contention, and our readers probably know something of it already. Briefly, former Hungarian subjects have suffered the confiscation of land which they Owned in territory now Rumanian. They received compensation wlrielr they consider negligible. Rumania declares that they have been treated as have other Rumanian landowners under that country's agrarian legislation for distributing land to the peasants. Hungary demanded a decision of a Mixed Arbitral Tribunal of the kind contemplated in the Treaty of the Trianon, which also forbade confiscation. The Tribunal met, but a diplomatic agreement had been reached by which it was said to be a domestic affair of Rumania wherever the owners had " opted " for Rumanian nationality. Rumania disputed the competence of the Tribunal which announced its owii competence. The Rumanian Government then withdrew its member. Hungary under the Treaty demanded that the League should nominate a substitute judge. * *