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Show PEACE TALK IS ON THE INCREASE French Will Insist on Germans Ger-mans Acknowledging They Have Been Defeated. Paris, May 15. A strong wave of conciliation is sweeping over the belligerents. bel-ligerents. At no moment since AuguBt 1914, has there been so much peace talk and never before has the peace talk been so devoid of flamboyant language or so much Impregnated by a spirit of moderation. No other conclusion con-clusion than the foregoing can be drawn from tho Important diplomatic news from several quarters of Europe published in today's newspapers. "We believe In the value of negotiations negotia-tions and have faith in the results of international conferences," said Sir Edward Grey in an interview on Saturday. Sat-urday. "We need guarantees of equilibrium and stability," was the new peace formula for-mula announced by President Poin-care Poin-care yesterday. Vatican circles state that tho pope and King Alfonso are working closely together Tor peace, which is described as "more or less near." The persistent reports from Holland and Switzerland Bay that Prince von Buelow's return to office is Imminent and that his rule will be that of German's Ger-man's peace maker. Prince von Bue-low Bue-low was formerly chancellor, Finally, great stress is laid on the report that Embassador Gerard has forwarded to President Wilson an autograph au-tograph letter from the kaiser, suggesting sug-gesting the president's intervention for peace. After a careful canvass in well-Informed quarters iu Paris and at the embassy of an important European neutral country today, a most optimistic opti-mistic view is taken as to early developments devel-opments in a pacific direction. Polncare's Speech. The comment of the semi-official Temps on yesterday's speech of President Pres-ident Polncare is very significant. It says: "When President Polncare, with the authority vested in the office of chief of state, lays down as tho first condition condi-tion of peace serious guarantees of equilibrium and stability, he has the entire nation behind him. The people are not Inspired by sentiment or hatredthey hat-redthey desire neither vengeance nor conquest, but remain faithful to tho principles of liberty and justice. This Is what has given them such sublime sub-lime impulsion in their defense of their threatened country. The allies have an imperious duty toward themselves them-selves nnd humanity to continue the fight until the enemy owns himself beaten and ready to accept their conditions." condi-tions." The Journal des Debats, commenting comment-ing on President Polncare's statement rpuarriincr "enuillbrluiu and stability," says: ( "The ony real guarantees in this connection would consist of the ad- I mission by Germany of her powerless-ness powerless-ness to defent tho allies. This admission admis-sion will inevitably come, and we cannot can-not usefully discuss peace until it has been made " no |