14 DECEMBER 1925
In his report on the working of the Dawes Plan, Mr Parker Gilbert, the Agent-General, states that the two primary objects of the experts have been attained—the German Budget has been balanced and the stability of the German currency has been fully maintained.
There is no change in the Mosul situation, the decision of the League Council being awaited. Tewfik Rushdi Bey, the chief Turkish delegate at Geneva, has gone to Paris to consult Fehdi Bey, the Turkish Ambassador to France.
A Madrid telegram announces the death of Senor Antonio Maura, the Spanish Conservative leader.
Signor Mussolini has proposed, and the Italian Chamber have approved of, compulsory arbitration in disputes between employers and employees in industry, as well as in agriculture. The Budget results for the year 1924-25 show a record surplus of 417,000,000 lire.
In the debate on the French Naval Estimates, it was made clear that France will not sacrifice the submarine. The Minister of Marine declared it necessary for France to remain in the first rank in the Mediterranean.
Mr Bruce, the Australian Premier, in a statement on the release of the strike leaders, said it might be necessary to hold a referendum for the amendment of the Constitution.