27 JUNE 1914, Page 17

NEWS OF THE WEEK.

THE menace an menace of war between Greece and Turkey g h (3 over the Near East. During the past week the principal event in this connexion has been the decision of Congress and the President of the United States to sell to Greece two battleships which, if not of the-latest-pattern, are yet formid- able vessels. The bargain is complete, and in a very few clays the ships, one of which is already in the Mediterranean, will be handed over to Greece. The result will be to make the balance of sea power in the Aegean incline to Greece until such time as the battleships building for Turkey on the Tyne are delivered.