U.S. AND PEACE.

Taranaki Daily News, 16 January 1920, Page 5

U.S. AND PEACE.

RATIFICATION POSTPONED. PARTIES FAIL TO AGREE. By Tslesriph.—Press Aua.—Copyright. Washington, Jan. 14. Hope of an early ratification of the Peace Treaty has been abandoned, as the factions have been unable to reach an agreement. Thirty Democrats held an informal eoaferenee, at which they discussed the compromise reservations. Senator G. 31 Hitchcock (Leader of the Democrats in the Senate) afterwards stated: "I certainly think headway is being made with tbe compromise.—Aus.$2. Cable Assn. MATTEBS IN DISPUTE. STEPS TOWARDS COMPROMISE. . Washington, Jan. 13. Republican "mild reservationists" are announced to have reached accord with the Democrats upon four items in the proposed Treaty compromise. A reservation of Senator H, C. Lodge (Leader of the Republicans in the Senate), demanding the approval of other nations to all reservations adopted will be eliminated. His three resolutions dealing with the Shantung Labor clause and the League voting power have been accepted by the Democrats. It is believed that the compromise will be successful if " its confreres can reach an agreement on Senator Lodge's reservations dealing with Article 10, and the Monroe doctrine.—Aus.-N.Z. Cable Asan.

LOSS TO THE STATES. IMPORTANT TRADE EFFECTS. New York, Jan. 14. Mr. Alexander, Secretary of Comnnrce, addressing manufacturers, said the United States was losing heavily on investments abroad in consequence of the non-ratifioation of the Peace Treaty. As improvement in foreign exchange was txyeoted soon.— Aus.-N.Z. Cable Assn.