London, July 19, The smiling and satisfied appearance of the delegates to the inter-Allied Conference gives cogon to believe that substantial progress lies behind the colourless and formal communiques, Tt is now known that, thanks to the helpful suggestions of the other delegates, especially the American delegates, the first committee has gone' a long way towards reconciling the conflicting British and French proposals concerning German default and sanctions.
'The main plank has already een adopted. It provides that the Reparations Commission, with the addition of American delegates, shall be the deciding authority' regarding default. Such American delegates shall be appointed by unanimous vote of the Reparations, Commission or in the event of failure to secure unanimity shall be appointed by the International Court of Justice. Tt is generally Believed that the remainder of the agreement is now largely only matter of adjusting the formulae.
'The centre of activity during' the week-end has been removed the Chequers to which the principal delegates have beer invited after inspecting the Wembley Exhibition to-day.
Secretary of State Hug interviewed on his arrival in London, said that American sentiment was very strongly behind the Dawes Report as it now stood. "We believe that prompt execution of it," he declar ed, "is of the greatest consequence.
The American Bar Association will proceed to France for a few @ays as guests of the French Bar.
London, July 20, The inter-Allied Conference yes-' terday continued to make remarkably satisfactory progress. The first and third committees have completed their tasks in general areeient and the, second committee expects to conclude on Monday after which the plenary sitting will be held as early a Washington, July 19.
President Coolidge is well satisfied with the progress of the negotiations in London.
Government circles welcome the suggestion that Mr. Owen Young should be chosen fiscal Conference Sub-Committee Nearing Agreement: The
Text read from the printed page and cleaned; old type leaves the occasional error.