the United States has made a formal offer to his Government, but it is
understood that he is as much in favor of the arrangement as the
President.

The new treaty will differ in many respects from the one prepared by Mr.
Olney. It will be expressly stated that all matters relating to the
Nicaragua Canal and the Monroe Doctrine shall not be included as
subjects for arbitration. (For Monroe Doctrine, see p. 210.)

It is intended to find out the feeling of the Senate toward the measure
before the new treaty is signed. A second refusal to ratify might make
bad feeling between the two countries.

It is not expected that the new treaty will be sent to the Senate before
December.

* * * * *

The terms of peace between Turkey and Greece have not yet been agreed
upon, nor has the amount of money which Greece must pay been finally
decided.

It is rumored that it will be about twenty-three million dollars, which
is the largest sum that Greece is able to pay. It is also reported that
Turkey is now willing to give up Thessaly without further trouble.

This may be true, but Turkey is posting guns on the mountains that mark
the frontier between Greece and Turkey, and is despatching additional
troops there.