THE PEACE PACT

Hokitika Guardian, 8 June 1925, Page 2

THE PEACE PACT

IUET ITALIAN AND N.Z. CABLE ASSOCIATION, Till'. ALI.IF.D NOT IC. BERLIN. June 0. The Allies’ Note unpleasantly shucked Germany act'tiding to an otlieial spokesman. who said the German Government regarded the situation most pessimistically. lie added that the Allied demands were n'.ost tldiculous anti trivial. No doubt some of them would he rejected. The spokesman was sarcastic in his reterenee to the Allies’ demand for tho abolition of the policemen’s steel helmets, which he said, were not a menace to th ■ peace of Europe. LONDON. June 6. The Allied Disarmament Note fo Germany analyses in detail the .situation. It points out that Germany acted with a visa;is for every military elans.' of ti e Pen. e Treaty. The Note specified thirteen points whereon infractions have occurred, and demands, inter alia : 1 1) The reduction of the police from 180.1)011 men to 150.0,'>0. while the military i haniti er of the police must disappear. ■ 2)—The destruction or transforma-

tion of certain types ol factories. (.')) —The reorganisation of the German High Command and General Stall which now is similar to that ol prewar time: and the reduction ol the administ ration personnel. f-I) 'file rectification of th" military organisation of tlie railway system. (5’i —The suppression of the shortterm. enlistment in the Reich-war. and of the military activities of various associations. The Note also formulates iiiisiellaiioou.x demands, relating to illicit trafiie in war material, where requisitions are in the nature of roasial ami laud fortifications. Blil!LIN. June G. A uf" u e.tive political circles here are ol the opinion that the Allied Note displays a complete ii’isi om epl ion i f the extent of Germany's disarmament. It is stated the coni option that Germany has formed an army in proportion to her population is entirely opposed to facts. Nevertheless il-c Get man Goveriiii'.'ii! is prepared immediately and ciirei’iillv to examine the Note and to remedy anv failures, and to carry out her obligations.

It is emphasised, however, that Germany cannot go beyond a legal interpretation of the Treaty of Versailles. 'i,.e Government’s one aim is to secure a lasting peace. A POLISH VIEW. WARSAW- June 5. Newspapers keenly loininem on the rapproeltmeiit between English and French viewpoints in regard fo the guarantee pact, which the papers declare means a vote of no confidence in tlie. Versailles Treaty and the great success of Sireseinaiin. who lias soured another scrap of i aner in the west, and British neutrality in the 'East. II EGO STINNES 'I REST. BE It LIN. .1 ime 5. The Still lies Trust is being split up. The proposed reorganisation was brought to a head by the withdrawal, owing to family differences, of Doctor Edmund Stitines The task of controlling the vast interests proved tin overwhelming burden for Hugo Stinnes, junior. It is stated the hankers are not curtailing their linaneial policy towards the Trust. Indeed they are willing to extend the credit's, if necessary. though there was "reat anxiety during tin- ; criod of transition till inllation. There has also been a slum' in the circulation <1 the Stinnes newspapers. ruder the heading “Ethnics Collapses.” “ Verw uerts," (Socialist paper). declares the trust has oxi ere-uccd an extremely r: pi l breakdown. \MSTEBD\M. June 5. Be):,ul- |r..,u Berlin state the Stuilie's Trust is unable to meet ils liabilities abroad, amounting to 120 million mark's. Efforts to obtain new credits in the l’nitoil States have failed. BFJBLIN. June 0. The Bourse is depressed, fearing the Stinnes concerns difficulty is tlie forerunner uf similar trouble. BERLIN. June G. The big hanks, with the < e-operation of the Reichsbank. are coming to the rescue of the Stinnes Trust, with forty million marks, to prevent a eoni|lete collapse ef the organisation, which has eiieoiintere I a limuicP I crisis that is allegedly due to its taking up too many short term credits, which the Trust i.s unable to meet imon maturity.