10 MAY 1919, Page 2

M. Clemenceau, in presenting the draft Treaty to the German

delegates, told them that they had fifteen days within which to present their written observations. No oral discussion would be permitted. The Allies would then reply, and fix a time-limit for Germany's final answer. The draft of this " second Treaty of Versailles," as he significantly termed it with a reference to 1871, had, he said, " cost in too much not to take on our side all the necessary precautions and guarantees that this peace shall be a lasting one."