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Show WORLDAGAINER " BY ACmtVEMENT PATH OF PEACE SMOOTHED BY CONCES3 Otis. 8IMONDS 8AYS 8UMMINQ UP WORK United States Has Sacrificed .Most, Japan Least, In Matters Given Approval; Was Dismissed on Monday Washington. The Washington con. forenco has passed Into history, nnd, although I'resldont Harding dismissed It Monday, tho formal phnso of tbe first International conference held In the United States ended several days ugo. Of what was done hero much must nwnlt tho test of tlmo and experience, but In two directions tho nchlevcmont was cleared nnd seems certain to en. lure. Ily a political treaty It has cleared up Uie situation In Uie western west-ern I'uclflc, so far aa It affects the United Stntes, Great Ilrltnlu nnd Jo-pan. Jo-pan. Ily a naval treaty we linvc nlMllshod competition and limited nnvul strength a.s between these three nations for n period of flftoen years. The fact thnt Franco slgnod tlio l'n-clflc l'n-clflc treaty and France and Italy tbe naval agreement docs not have equal significance, pJtbougb both circumstances circum-stances are of a cortaln value. What is most Important Is that tbe throe great naval iwwora liavo urmngod their political Interests and regulated their naval programs In such fashion fash-ion that tho possibility of war Is ro-iiovwl ro-iiovwl and the expense of compotb ilvu building ahollshod. Successful In dealing with Angl'o-.IiipnnescAmerlenn Angl'o-.IiipnnescAmerlenn questions, the Washington conference has only pur-tlally pur-tlally succcoded In mattors affecting tho mainland of Asia, und has frankly and undenlubly fulled wherever Issue raised heru were related to present F.uropcan problems as yet unsettled und differences between Kuropeun countries which rouiulu acute. Iu the case of China the Washing, ton conference lobtulnod substantial advantages In Uie matter of Hhuntunj although not qultu an unconditional Jupunese surreiidor. It adopted 0 number of lnternstlng resolutions, wldcb, If faithfully translated into action, ac-tion, will bave great bunoflt for the Chinese; but It did not and could tio! persuudu Japan to' retire from Man churin or In any complcto fashion release re-lease China from Its grasp, and the same was equally true iu tho mutter of Slborla. Ilritlsb success has lain Iu twr. things. -In exchanging tho Anglo-Jun. uuesu alliance for the four-powoi treaty, which to all Itrltlsh mlmls U u symlHil of close asHocintlon In the future between tho two great Kugllsh. speaking tuitions Iu the world, und it addition Itritnln has avoided a nava competition with the United Slatei which promlsod either bankruptcy 01 ultimate resignation of supremacy up on tho blue wn'ters which ISritulu Inn rulod so long. For thu Anglo-Japanese alliance which was no longer of value, Jupat has obtained a four-power I real) which udds gieatl.v to bur prestige a u wiuiil power, Insures her ugalnst at tack or chullengo from the Unite. States and lonw her with bauds free to deal with both China and Siberia a she may berenftur ehoow. Save as tin United Status might ally lls'if will Itrltaln and make uso of Hellish mini Ihiso.i, tbore would be In the future in way. of American lutcrumtlnn In tb far cast. |