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...charges payable by Germany to the Allied and Associated Powers" for War costs. Rumania is an Associated Power. The Rumanian claim of $75,000,000 is a War cost. Nevertheless, Rumania demanded payment outside of the Experts' Plan, threatened last week to seize German property and triple the import tax on German goods, began to deport Germans...
...many weeks negotiations have been in progress at Paris between the French and German Governments for a new commercial treaty. Since economic conditions in Germany are daily improving, thanks to the Experts' Plan, and since Germany must import and export if she is to pay the gigantic reparations bill, it would seem to follow that a mutually agreeable trade treaty would be made by the two countries...
...Geneva, Opium Week at the Palace of the League of Nations opened auspiciously with an agreement between Britain and Japan whereby Britain now consents to recognize Japan's opium import certificates (TIME, Nov. 24) when the drug is transshipped at Hongkong...
Then the question of opium import certificates was raised. Britain's representative said that she could not habitually recognize import certificates because of scandals over them in an Oriental country which he "preferred not to name." Japan took quick offence, said she was being discriminated against, virtually withdrew from the Congress, which was then adjourned until after a larger and more important general conference should have taken place...
...sharpening of this division, indicated by these two present events, is fraught with great import to the peace of the Pacific. The deepening of the gulf between east and west seems inevitably to lead to a gigantic conflict of racially hostile nations, its gradual effacement to peaceful tolerance. And only by voluntary limitation of imperialistic ambitions can the nations of the Pacific find that road to peace...