31 JANUARY 1920, Page 2

Eethonia is said to be on the point of making

peace with the Bolsheviks. The other Baltic States and Poland are reported to be willing to make peace also, but they are still obliged to resist Bolshevik attacks. The' situation in Russia shows no change. It is alleged that the Bolsheviks will not allow the Co-operative Societies to trade with the outer world, as the Allies propose, except in return for diplomatic recognition. We imagine, however, that the Russian people, who want to exchange their raw produce for manufactured goods, will decide this question. General Denikin's armies are still on the Black Sea coast. The news from Siberia is conflicting. Admiral Koltchak is said to be the prisoner of a Socialist faction at Irkutsk. The Czecho-Slovak troops are at last leaving the country. Japan has not decided whether she should reinforce her troops in Eastern Siberia or withdraw them. The appearance of Bolshevik bands on the Chinese- frontier cannot be a matter of indifference to her.