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Show Express Themselves aj Satisfied With Result? of Initial Meeting With Allies at Versailles, Peace Pact Nearing Completion; Hint as to Composition Published in the French Capital. By WILLIAM J. BUTLER,, Universal Service Staff Correspondent. Corre-spondent. PARIS, May 2. President WU- " son announced today that tho treaty of peace will be handed to the German delegates at Versailles Monday. He added that he hoped to return to America about June 1. The president made these statements state-ments to members of the house military affairs committee, who have been visiting the various battle bat-tle fronts and making personal inspections. in-spections. Peace by May 22 is reported re-ported practically assured. PARIS, May 2. The pc-aee treaty com prises from fifteen to twenty chapters, j according to Marcel Hutin of the Echo da j Pads. I The preamble is contained in the first chapter, setting forth the reasons why i the various contracting parties entered j the -war and mentioning the necessity for ; tiie league of nations. The second chapter deals with the German Ger-man frontiers and the third contains ail clauses connected with alterations o.J frontiers resulting in change in the sovereignty sov-ereignty of territory. Tl'.e fourth sets forth the military, nava. and aerial clauses and the fifth takes up the disposition of tho German colonies, it is said. The other chapters are not as yet altogether alto-gether finished, but they will concern reparations, economic and financial questions ques-tions and will deal with the internationa. labor legislation treaty. The treaty concludes con-cludes with a chapter concerning the guarantees for the execution of thefctreaty conditions by Germany. DISPOSITION OF HUN WAHSHIPS UNCERTAIN. M. Hutin adds that he believes tho German Ger-man delegation has full powers and will end the negotiations by signing tho preliminaries pre-liminaries of the treaty. Tiie naval terms to be embodied in tho peace treaty with Germany, which finally have been completed, do not provide for the sinking of the larger German warships. war-ships. Tho disposition of these vessels is left to be decided upon later by the allied and associated power?.' It is felt that the final disposition of the enemy ships is purely an interallied i Question and not one for inclusion in tho treaty, which provides only for the surrender sur-render of the vessels. This action is regarded re-garded as indicating that the warship:; will not be sunk or destroyed. After tho enemy ships aro divided among tho allies, each power will Ucci-Jo on the disposition of its own quota. The general impression hero is that the French and Italians will retain their share and Incorporate the vessels in thefr present fleets, while- the British and AmericaJi tendency Inclines to the destruction ot their quotas. HUNS ARE SATISFIED WITH THEIR TREATMENT. The German delegates to the peace con-gross con-gross today expressed Ihimselves as well satisfied tiiat the first meeting Thursday with representatives of the allied and assoeiaU-d powers tok t be form oi' a mutual exchange of iTOdenti;) Is, raibcr th:m a one-sided demand for tbe production produc-tion of tbe GurniHii papers for purposes oi' identification. They talu-- this as an n--dicyiion that ' t'uo negotiations are lo bo c.tnd net i-d on a basis! of cq uali ty. The Chinese delegation lo the pea 1-9 conference is expected lo issue Mils af;w-noon af;w-noon a. statement concerning' the sntt'o-incn sntt'o-incn I of tbe K iaoohow dispute effected by the council o? three. U is understood j i.M'.' Chinese will express their dissatia- t nictiou -it'.i Iho decision. BELGIANS SHOW DISPLEASURE WITH TERMS FOR PEACE ! I-'W.'l.-'. May l (l;y tbe .Xs.o.-kt : ' I-Tcss. 1 The Dclgi;jn delegation to la: ' pt-ace etui ffTCnc" is expressing uiss.'ii.--l';ic;iou o er tiie. lernis uf the preliui'-mmfs preliui'-mmfs for peife as tbey affect Helsiun. None ef the tf; ri lork1 1 'i;dnis of lc!giu; "' has been gi :it'J, r-e..nt thr-i for Ma.: . nicdy. in 1 tienih JJru.--si;i. (.!) pnpul;" i" ! of which befo'-r the vy w;s l;r.e1y Walloon. Wal-loon. ;l:n.(Iv v. el rcvrri to Belgium. Tb- re:v;;..v- on tb- hfi Kink of S.-iir.;.;? riv- a nd an :' Inch ; and I he 1 ihuhur-.; j.cjiinsuia arc not mentioned In the ttrtus. , , 1 1 ; . v.rtfi.n'hV.;!..! already meiUio"--"l (Coniivmcd on Page '.I, CoJumu 2.) (Continued from Page Oue.) an immediate financial "J ,. iieleimn. more than halt the amount w. merely been placed to Belgium s credl in lie, i eomvr.c as part payment of war ,s No precision has been made or tl recall b v Germany of the six billion marks winch were left in Be,g,um and now lie in BeU-ium banks " bearimr no Interest and unpro, oc u ... . s tl,e eircnh.ti.jti uf the mark in I.eigium 13 thn Be,sian premier, arrived ar-rived in Paris today, bringing a message of prolest from the Hehiiau Senate. J . Ilymar.s of the Keiamn pettce delesatio s ejected to apnea,- before the council of three to make representation, concerning con-cerning the terms pranled Uelsium. |