Word: locarno
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Dates: during 1925-1925
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...fund their obligations to the U. S. Government [This is the first official intimation that the Government is using its unofficial veto power against private loans to countries which have not settled their War debts to the U. S.]; 2) That the signing of the security pact at Locarno brings closer the time when it will be appropriate for President Coolidge to summon another disarmament conference...
Early in the week it became evident that the Locarno Security Conference (TIME, Oct. 12, 1925) was drawing to a successful close. One evening Mrs. Austen Chamberlain and the wives of several of the other delegates signalized that the event was imminent by demurely planting themselves in chairs on the sidewalk before tha Palms de 'justice, where the conferees were in session. Crowded about them was a group of eager Swiss, bearing fireworks; the hamlet of which they were citizens was about to become immortal...
Through Lombardy roared a cavalcade of motors that knew no speed laws. At the wheel of his own car Benito Mussolini swooped o'er the Tessin Hills and down upon the Locarno Conference (see INTERNATIONAL) a scant 30 hours before it closed...
Apparently, the cry of wolf has been raised too often, however. Europe is more intent upon carrying out the terms of the Locarno treaties than in mixing up in the latest Balkan row, and the American press pursues the even tenor of its ways. Nowadays murders, assassinations and ultimate flying back and forth among the hot tempered members of the Balkan family remind one more of a mock-heroic farce or a travesty on the art of war, than a serious disturbance...
Preferring to be alone, the United States has been shown at Locarno that Europe accepts our isolation and can accomplish at least constructive intentions without us. There were not even American observers at the conference, although its inception may have been due somewhat to Ambassador Houghton's influence. Compared with its state in the last five years, Europe is now united, if only to an infinitesimal extent. Conscious of this fact, the European nations see themselves collectively regaining the headship of world affairs which has slipped from their grasp; and they feel stronger for coping with the great standoffish creditor...