12 OCTOBER 1912, Page 2

The week has been full of rumours of the conclusion

of peace between Italy and Turkey, but as we write on Friday no announcement has been made that the terms have been concluded. There seems, however, little doubt that within the course of the next few days terms will have been arranged under which the Turks will yield the whole of their North African possessions to Italy, the Italians, however, paying a sum towards the Turkish debt equivalent to the capitalization of the Tripoli tribute. Though the Turkish troops which will be withdrawn from Tripoli number only some 2,500 men, and though, probably, the Arabs will still continue the war, Italy will no doubt benefit greatly by an official peace.