| Show PEACE P Cf PROSPECTS i GROW G OW BRIGHTER Resumption of Negotiations Ne in Paris for lor or a it Russian Loan The Direct Cause SHAKES HIS HEAD Pots Does Not Believe Peace Talk U Iv War Japan Might Hight Not He lie maid Pori March 21 Prospects of ot penco between and Japan assumed a antoro amoro amore I moro more t almost t n 1 aspect ot today tot y is h the thu result of ot the an nn announcement ot of the tho rc of ot neso negotiations nations for tor n a I lone lonn Postponement Po of at the lonn loan occurred through the tho stand taken talen by the clot element against proceeding the uncertainties of at war continued while a willingness to 10 resume vine construed an R meaning that their for tor pence peace dually had prevails prevailed I with the tho tl a authorities rill n atIt at jn t Petersburg The announcement of ot the thi resumption of ot took form to Im In a 0 communication to the syndi syndicate onto cate of ot agents do change who form COrm in no Influential al element t on tho the bonne bour hold holdIng InK Ing government credentials The rho effect of ot the announcement was Will tro tu to stimulate tho the market unit aurl I particularly nU 1 t tA securities A occurred on fears as us to the effect that the heavy demands demanda ot of atthe the lonn loan on the tho market and doubts doubt concerning tho the wen uses to which the loan will b bt be put It ItE seems E to be the tho accepted view 1011 of ot financiers that the proceed of ot the loan will not be n applied to the tho further Nil con continuance of ot the the war It Il Is III understood ono one ot of the tho In III to a IL resumption of ot the no nt was that a n con pOI per portion tion of ot th the proceeds hail remain In InFranco Franco France to meet the lute rent coupons coupon of ot other loans loana Iho placing of ot m n O contracts con tract for government will willbe willbe be ho required oven ever utter totter tho the conclusion of ot hostilities Coupled with the an nu announcement a of oC the resumption of ot the thA lonn loon negotiation came a strong Inti Intimation mation from nod diplomatic that steps looking toward peace hod been definitely 1 taken by The rho foreign declined to n report that Franco France woe WAS likely to 10 he ho tho the Intermediary but who lire are actively Interested for tor the time Kayo gave Ia vo credit to the tho th statement that had bad decided to seek It WOH teas mild said In thoo theco quarters that thai would deal directly with through the tho French rench minister vho has hai ha charge hargo of ot Interests In Japan However tho the reports of at Frances no ne tivo part In tho the negotiations were said Bald I Iera to bo IJO not entirety entirely correct ns Oil other powers pow powers ers era have havo contributed toward n polene solution and anti It l le la expected eX they will take part In Its ile realization It appeal that tint some of ot the lesser powers Including InK ing Burden mo are u to that t at end Hus chief chic aim ulm Is 10 salt said to b bl bo Avoidance of having bavin peace plans linns the of ot tho the powerful p war clement element at 11 t home The receipt of ot un on dispatch at nt fit SL t on an March Mure 20 0 saying the tha so wore approaching Vladivostok In 18 Mid to II havo Induced the tho determination to 10 seek eel k a it pacific so On the other hued hund It U Is Insisted that Japanese proximity to Vladivostok rom H to be n In tho Iho way WilY il f pence a IS as diplomat conversant with thu the situation say all that Japan will week seek to overt avert a elt pence peace l eI o until she only outlet to the ocean I AH M e IN WASHINGTON Washington March 21 keen keenly keenly I ly Iy Interested In Ul the Interpretation placed by b Purls on Oil the tho significance of ot i ithe I Ithe the resumption of ot tho 1110 for tor forthe i ithe Ithe the bank European diplomats i In Washington tonight confessed ell hilt i they were ere Inclined to regard nt III first Ors this tills stet ate ti i ns confirmation of thu the news which has reached tho the Unit United I III cd ed II States Stales within lt tile the last hest 24 H hours that I Ithe the emperor la 19 s resolutely l l I to continue the war for tor the present If financiers ne III H reported have declined to take hake up tho t e loan loun save on 1 the thu condition that the th proceed shall not KO IO toward tho thu war fund Wa with the exception of ot the embassy believes that this lm tn I portent net fact marks tho rho beginning of ot j I O Tho The several Kirn I h uro Penn ambassadors directly Interested I ar are anxiously ely awaiting 11 news frail their foreign on of tills this point Count ambassador i iod the belief bellet tonight that no In 10 pence was In Ins Might eight could tiro be drawn from the reopening of lit the tho i I negotiation lie llo learned several dove ago that the loan lonn be he fr iu c l I lly Ih ly h floated imd while lie 11 Is 18 aware of or thu desire Ite lre among some trench French financiers that tho come lome to an he scouts the Idea Iden that each nueh n II him hils been to tho loan Mont Moat Washington ton who sho ore In n position tr to follow the Inside Inaldo work worle workIngs pigs Ings of ot the behove be he believe lieve hove twice wilco l is IN now no possible AH AR AHone ARone one dl t expressed eXl It II tonight mail ht It If the matter ran inn be approached In n WilY that will not lIot too inn lv ly HI I have lure reason on to bellevo that pence proposal will receive consideration cOll nt nl St Petersburg LONDON ONDON COMMENT London March flITch Two possibilities of ot peace between Russia nod and Japan and the financial contest be between between between tween the ono two countries are lire attract log 1111 grouter greater attention for far to I the tile moment than the strategic developments In Iii Manchuria aio drawn between the 1110 respective Status of ot the theto two to nations In the money y market now and at nt the be of ot the Will war Tho rho of the minis minister ter tel of ot finance Inviting newspaper edi edl editors editors tors find and correspondents to verify by b personal Inspection In the national bullion deposits while Japan In 18 negotiating on an enormous loan Inn on better terms than her small timid Issues puts the of ot the credit of oC tho the two tuu belligerents Into limb vivid contrast t and Is II greatly on Thu rho London express little doubt that la will obtain hor her lonn balm In eventually but on Oil heard hard terms It II Is reported that the now nIl Japanese loath loan Is If already fully tully under underwritten written and that dealings have begun beun at lit n substantial premium The Tho Dally Telegraph r this life morning editorializing It on the statements of ot Its St SU Petersburg lelH bull that Km gm Nicholas has been reluctantly persuaded ot of tho Iho necessity of oC conchut concluding log hilT pence peace e hut but Is It determined to 10 pay no Indemnity says Aay It has hits ren rea reason renSon son to believe hell eve in to tho the last resort Japan would not nol on an nn Indemnity If It she were absolutely guaranteed the enjoyment of ot tho the concos plans Slone Bhe ehe demands demand in ns the time price of ot pence by bent Orent Britain either alone or In conjunction with Tho Iho article further suggests that an nn among Hussla Japan Great Orent Britain and would guarantee the tho pence of or the tho fur far east Mst for tor nt at least tenet one ono generation |
