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The Argus (Melbourne, Vic. : 1848-1954) (about)
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Cite: http://nla.gov.au/nla.news-article3802248
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AFFAIRS ABROAD.
REVIEW OF THE WEEK.
TRANCE BEGINS IN EARNEST
Apart from its hi«toricil import inte the meeting of the Nation ii Assimbly nt Ver saillis is notnb'e birause it maiks the In st «.tilge in Tilines nil ditermmation to save her financial notlit Hie It uht Centre, and Moi'ir no Left parties combined to smolliir the obstruitive tactics of the Communists and Socialist«, and the Pom caie Cabinets request for the alteration of the Constitution t-o a« ti pennit of the establishment of a sinking fund for the îepnj ment of the N itionul fiefmeo Bond«, was mi mil hy an overwhelming mijoiitv rhcic Ins bien no annonniiiiicnt of the iNnct foi m thot Hie t>inkinn fund will tike or how it will be ndnnnisttiid but piistituahl} it will icise to be a Tiiasuiy lesponoibihlv More mention of the amounts of the Defence bonds in cn cn Intion would not lonuj ill tint is in \olved Their import will bo best nppie ciutid bv Mating that lianco iImo«t en tnely financed Hu war with boirowed mone} ninilv 30 per cent of whiih carne fiom her own people in the foi ni ol nur chasis ni Deftncc bnlid« Tv en uftci the wir a succei-iion of rinimp Miiiiitcis tik ing itl\ nut ige nf the popularity ni the isi.ui sought I m Hu i a id shoit tel m loans fi dm the burne som e lhcv ovoidid it and it was the fillni,. dm of gleit iinounls it i Hine «hen tin lie «1115 was nnrly imply tint iliove ti nit» ttovunmint« into tiling ,>\ti loulm iiy mil detperntc measmes ti muiuti*in the council s sol
vincv and «1 iieatmg nn uncertlinly which led u lui ililli edition in the value ol the flint Unfoitiinatoh for the iinfull} fire puid pilli« of \l Poincnro lit wa« not uble to tollow up lu« triumph in tht \ii tioi ii A«emblv bj pieienting to Pin ha
nient for r ttificntion the Deb! I Unding iitreemtnt with the United Statte Appitr ently M Cleinen"enn's f.metthiu tleemo synniv npenl to Pictdcnt Coolidge to cm eel nil rbligiticiue -ia« il unfnvounblo incident 1 he curious \ option Ihet efoi e exist» c1 Tim ce h-titntmg to sign nuil she git mo e lenient ctinsideintinn mid the Amencan Sonnte piovng refrnctorj bo rame it deems eli« tenus a'rend> concedpd too generous 11 mny le tegnrded is eel tain Hint Pi mee will not even bo listened to tit Wiiblnngton until i ftsi thi next Amu lean Presidential ilection the cumpaign for w liiib is non m full ohuib And until she lins shown Hint she li ure pired to honour her debts she omi expect a orj little help from foiorn som ces in lur finnneinl recoven
CI UM VN KI I'VltVTlONJ
Geimnnj s cnpicity to mool her rennri
tinn dues is n li ibu te- both io tho stnuihty of her Government mid the ability if her people 1 he Dunes Pinn wn» only -.i/reid upon m 1024 and ni oidei that she could mnlio bei Iht-t pat ment for 1024 2) Ger mint lind to bonow nenily the whole >f the amount fiom the Allies lor 1(125 25 however »lie lins been nhli to giv moio thnn £5.) 000 000 out her own pocke1 Hie sources upon whit li she dioiv-wer«? the Stnte inilwnvs tuxes on industries nnd trunspoit ind Customs lenes The Dawes Plan pi o) tiled for the German railwjvs being placed in Hip hnnds of a eoinpinv
poition of the capital of which (in the foi ni of bonds) is in the hands/ of 41hed rcpresentitives 1 he contiibution fiom in dustnes is made b) means of dehentmee lepiCReiiting a lew of 1(1 per cent an the business rapitnl of 00 MO concerns Hie dehentuicb nre held by the spetinlly -tented Bnnk of Industrial Obllgntlons ininti) with n Dawe« Pinn Trustee Pai this )eor thev
will pi ot ula £0 210 000 towards rcpnrntions
but ni suhsoiiuont icir« twice that nmount The Daw cb Plan n!«o makes provision tor pay incuts from the Budget irnnrnnteed by the eontiol of the whole of the lev ernies fiom Customs uni! taxe on spirits tohnwo beei nnd httgar Hiebe nie paul to n «--»pu sentitive of the Allies even 10 tin)s nnd in the iii st veil were ictnrnetl to the Germnn Gov eminent but foi 1025 20 weic relumed to the amount of £12 600 000 Next year this sum will be reduced bv half but it will bo mci eased to £25 000 00(1 in 1027 28 and to £02 500 000 m 1028 20 Thnt will conclude At lint mo known ns the "btnudurd )cnre" nftir which the Pinn will undergo revision Whetliei or not it is becnuse of the oxibtcnco of the Pim thnt German) lins modo such nmiü-ing progress m stnbihs nig her currone) lind adjusting her economic position it is the fact flint she his mun ngetl to accomplish liol war pivments to the minute with no iippniint serious incon lenience to herself
iTiiospvMSH rni m
News of n tient} between Italv mid Spain has ciented a stir m Luropi Hie CNciteinent was first reported in a London message but it cannot mean that Bntish officials are alono concerned about it There is mut h mole likely to bo misgivings in Pans Hie latt cannot bo concealed that Tranco and Uni} have interests in the Atcditoriniioan that are hoble even under the best regulated ndministiatious to come into contint Apart from Italj's alleged putensions to something; 10910 sub stiintinl than a mere footing in Asia Minor especially in and about Svna (wheie 1 rince bal s the wa} as hold« of the mandate)
the two nations aro neighhouis in muthern Afnca and sometime« thev alp very dis contented neighbours Tor instance there )s the ever aeiimoiiinuH question of the nation alil\ of the 100 000 Ttnlians m lunn-n who form the unit bulk of the 1 uiopein population ol that Tiene!) piottetointe Tn 1800 a convention was di awl) up between Iho two Powii's which maintained the Italian nntinnalitj of these lnigrinls but tins was denoiiuied bv Tianco after the wit fimroiai} uudcislandings have been 1 inched since but there has not been com pleto batisfaction One wn\ or tho other theie must bo dnihtj Adjoining lunisia is Italian Libvn which cinnot enry a hrgc population nnd elsewhere m nm the) n Afuui Itnlv has tho colonies of Lntrea and Soinnlilantl None of them is equal to solving It.il}'s population pioblem Ii} aiiangcment with Great Britain additions have been made to Somahland at the ei pense of Kcn}n and it was repotted re contlv that Abvssinii was gicitlv per turbed at nu allongement between Great Britain and Itnlv which would confer economic idvantngis on both unhiding in lillian I ulw iv joining 1 utiea uni Somali
land Hie eMsling 1 nhvav» ni Alnssinia nie under lienih moiingcnicnt So thnl 1 ranci his ninthei possible hone of ion tention willi Uah Si 1111 lins iilitivclv ununiioi tant minimi possessions m north tin Afina but us fur au tint patt of Moroni) ovil winch she eicicises a pio tntoi iti is lonceined thete have been signs latelv that she wants moie of the lunts of the vu toi v ovei Abdel Krim than I lance is piepiied to apee to give hei
Add to this the fact tint Hal} lins Ind for II Ion*, lum a vveil defined f 1 levanto against lillico foi having ignoml hei utteilv m all ni ititi s peí Innung to Moioeto (melin! mg Tiiiuci) and it will be sein that a combination bet ecu Spain and Italy con cei nmg the Alcdileiiailinn and 1101 thorn Afnca is nor 111 unid eh pnlitiinl event
lM.l«IM*v IN Till EURIA«
It is probabl} onlv i coincidence that Ligo Sln\ 11 Koumunn und Greeie should all have a gi lev ance o"amst Bullina at the one time but it is n luel y oui lugo Shivn and Bonni 11111 mil} be (died ivith tin sime iipptehoiision« lbont Billin ia for Lcogriplncnl if not for political leu« ns lut it would bo taMDf. belief ti Hunk hut III ailin" with Giieee on this ricisión Hiev mo friindlv disiioscd tow aids her ns thev ale tow nils one another Gieeic 1« too nell off 111 iCLiul to ¿1 kean seipoits foi their lil ing Howtvir it has linnpi ned the onginil protest bv Into SI iv 11 iii mist the liol dei linds of Bulgarian Mice lomans wini li at one tune tuomipeil to nid n a clash hetwem the two Statis li is now t iken the foi m if n tnmpl nut in mut ecu ci ni til ins bv time States lir Hil« iel son it loses its 1 irtliulu uni thciifoie nu nae 11», elim icier Bulgan 1 1« not 111 the little 1 uti uti a fiet 11 huh leen« hu in a constant stile of alum It li aim a filed idea in Sofia aftei the Bled eonfei
euee between Juglo ShiMa Chullo Simal n and Roiunanm » few months 111,0 that Bul gani was 111 ill favour in the 1 ittle 1 iitrnti capitnlb And it is 1 email ihle haw quickh discontent spicads fiom Sofir to the moiin tams on the fionticis wheic the »H\ inlim. Comitadiis lull I ver suite the Bled mc ft lug bands rf 111 o"uiors hive bein ei i««mu into 11c1ghbm.11 ni*, iniinliies and maning tliomsilvcs iiuifinies 01 woiso 111 the lui bane nnmm winch was onie univeicil
hit ulm li htimve* m luioie rinlv ni lliilguli Hie loieign Mnnstti hiemne fiightencd nu I paid n spicinl visit lo Bel 1.1 idi li disclaim Ins Government s lospin silnliU fir what ins octuiinv It w is 1 doliente nioniclit because Bule 1111 w 1« n the point of tcceivijig n loin of £2ri00000 fiom the league ol N itinns foi windie settlement pull) sis 'Hie li in lins smri been in uh so that thai is no lenson lo tiunl th it ?rwlniin of BiiUmin is I» binn the piotest ni liol neighh ins But theie might be suspicion-whilhei jiittili d or not-that the moiin now that Bulgana has It is not being ojcpindid foi the pin pobc foi which it was grinted Hint seems to b» n mitti! for (he I ournie tiroir lo deudo onsc its attention has been ducctod to tho mut tu,