St. Louis Post-Dispatch
July 14, 1927

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LR NE EE SRR ITE AS Ae ENR ST.LOUIS POST-DISPATCH The Only Evening Newspaper in St. Louis Withthe Associated Press News Service i SPORT FINAL Stock, Bond and Ourb Tables Complete “79, NO. 310. ST. LOUIS, THURSDAY EVENING, JULY 14, 1927-36 PAGES. PRICE 2 CENTS s, DELEGATE INSISTS ON Og oe b a av he : ' ; - © & . » Fe Sy . ¥z bem |: Cae 7.) 4 + % ae % 2 t ia ‘ ; is E 3 . ae * a ey ‘ ————— Objects, in Plenary to Any Plan That ETE a A I BP RECS TIE: ATES: case ; Only Fleet Expan- a ASSAILS AMERICAN POLICY EE This Country, se Favored Restriction ; SCs, Now Wants Global Basis Basis. A OIE CERN nin eta OO TCE Ne ee By the Associated 4 "GENEVA. a caeeetand. July 14. | plenary session of the tri- te naval conference today, hich had been looked forward with much speculation by ob- rvers, came to an end tonight with no rupture of negotiations. | On the contrary all the speeches, je by the official representatives the United States, Great Bri- Main apd Japan, were distinctly swerate in tenor and breathed A note of hope that the conference iid eventually succeed. , i it is understood that there will s another plenar} session at a s to be fixed by the secretary ef the conference. ' W. C. Bridgeman, first lord o° the British Admiralty and head of » British delegation, ard Admir- ‘@) Jellicoe insisted that the British ‘eed a large number of cruisers with a fixed minimum of 70. Hugh & Gilson, head of the @ American delegation. insisted upon “the necessity of a low tonnage in . order to limit the burden of taxa- “tion and to prevent naval expan- Amiral Viscount Ishii propose ting the number of 10.000-ton to ten or less for the Dnited States and Great Britain. i seven or Jess for Japan. _ Real Task of Conference. [Gibson, after voicing hope of an Breement at the conference. said the Japanese delegation had ed a procedure which was sub- y in accord with the mini- h cruiser level submitted by the | i States, but added that diffi- Suities had arisen in finding’ a com- fon ground between the low level! posed by the Japanese and the which would be involved in mifiiiment of the naval require- n advocated by Bridgeman. / Gibson declared that finding a Pmmon ground that would obvi- m@ the burden of competitive aiding was the real task before conference. He insisted that needs are relative and not Mute and declared that the i States did not feel justified cing upon a tonnage so high mt. far from limiting the burden ‘taxation, it would merely sanc- haval expansion. ene American spokesman said t he was confident that all his es would repudiate any M of conflict between their re- tive Countries and that they Md Safely Jeave each free within tonnage limitations in each of warships. ring criticism of the al- f Position of the United States the number of 10,000-ton Gibson denied that Amer- tana = igs insistance upon a large num- ee) ae Series: fe Oe of these was an obstacle to the ce eS) Rates zt a Sopa “ig Hon of a new tonnage level. | at ‘widson denied that the 10.000- ea cruiser type “was forced upon } reluctant world” by American eence. asserting that this type Gecides upon by a general ment at Washincton and that Unites States began its com ©n of them several years other countries had started Relations Not in Danger. % : in opening his oe" said nothing had occurred ‘tmperi the good relations "E Great Britain, the United pay. “Han said that the British ” had asked for a plenary it believed that the of the conference was Vitlated by gross misrepre- - ae the British case in — rters. He declared that ee TOUble had been caused by who would rejoice at the of the conference. if no agreement were pos- nm cruisers. he declared, it be worth while to reach an on destroyers and sub- Acceptance of the British he continued, would & definite reduction in the Power of every type of use it would reduce He then reiterated Great ~® Teasons for her proposals on the British need number of cruisers for om Page 2, Column 3. -3 “Sa 5 : aks aaa Pe Te s NAVY TO REGAIN CONTROL OF OIL RESERVES ON AUG. 1 Agreement With Interior Department for Transfer Announced — Policy of Con- servation to Be Pursued. By the Associated Press. WASHINGTON, July 14.—An agreement between the Navy and Interior departments under whicn the Navy after Aug. 1 will take back administration of the naval oil reserves and leases of land in them was announced today at the Navy. Transfer of .hese lands to the Interior Department was followed by the leases negotiated by Albert B. Fall, former Interior Secretary, with E. L. Doheny and Harry F. Sinclair, covering the Elk Hills and Teapot Dome reserves. The agreement to have the Navy resume control is based upon in- terpretation by the courts of the executive Order of March 17, l!ast, vesting in the Navy the adminis- tration of all leases on naval petro- leum reserves. The agreement de- clares that the navy is now respon- sible for the administration of all leases heretofore made, excepting three leases of producing wells in reserve No. 2, in California. The Excepted Leascs. These three leases were granted pursuant to authority specifically imposed in the Secretary of the In- terior by Congress in February, 1920, and he will continue to exer- cise control with the co-operative approval of the navy. Secretary Work will ask Congress at the next session, however, to transfer juris- diction over these leases also to the Navy Department. The navy’s policy, it wags said, “will be a policy of conservation,” under which |'the order ot | transferring the naval reserves to it will endeavor to) keep as much of the oil in the ground for as long a time as pos- sible. To that end, the navy announced that it had closed in all of the 21 oil-producing wells on land in re- serve No. 1 whose output hereto- fore has been 1,500,000 barrels a year. It also has made arrange- ments with neighboring operators, it was announced, whereby “the offseting wells have either been shut down or .he adjoining owners will pay to the United States 65 per cent of any increase in his pro- duction resulting from the shut- down of the navy wells.” Control in Sectors. “This agreement,” said the navy announcement, “vests local control over the reserve in sectors under the Navy Department. The local Supervisors of the geological sur- vey will continue to perform the Same duties as they have hereto- fore, but will report to the re- spective navy inspectors in regard to navy petroleum leases instead of the director of the geological sur- vey. “The Navy Department will con- sult the geological survey as here- tofore on technical matters per- taining to the reserves. It will de- termine the policy in regard to is- suing any further leases on the re- serves.” President Coolidge on April 2 made public an executive order of March 17 by which he had revoked President Harding the Interior Department. SHOWERS PROBABLE, LITTLE THE TEMPERATURES. 74 . 7 ed | ew ph Be pWRIR MHC Yest erday’ ; ‘bigh! ‘85 (3:30 p. m.), low Official fore- cast for St. Louis Byrp FINDS and vicinity: ATLANTIC Mostly cloudy to- night and tomor- row, probably with local thun- dershowers: not much change in tempcrature. ‘ Missouri: Most- ly cloudy tonight and tomorrow. probably with lo- cal showers: not much change in; temperature. Illinois: Mostly cloudy tonight and tomorrow. probably with to- cal thundershow- ers; not much change in temperature. Arkansas: Tonight and tomor- row, cloudy, occasional thunder- showers. Relative humidity at noon 79. Sunset. 7:27. Sunrise (tomor- row), 4:47. Stage of the feet. a fall of .3. The rainfal! which began during the night in St. Louis and vicinity amounted to « rh het : * tae ie Ee a be . a . bub ee abtseg ‘ Aa is BE rN BP E : io ae, "Saar ap ei ie “ag! Meena ae 5 Dk Teak Sehr ce aos or Seek ed rea: Sa ve byt tn + de, owen sg Seay ae ey