24 JUNE 1916, Page 3

From these recitals the Agreement proceeds to the measures recom-

mended. The first of these deals with the period of the war, and can be briefly summarized as specific proposals for making more effective the principles of the blockade and the laws against trading with the enemy. The only novel item is the agreement to devise means for cancelling unconditionally contracts entered into with enemy subjects. Next follow transitory measures for the period of recon- struction immediately following peace. These measures are chiefly of a remedial kind, and for making restoration of the ravaged countries a first claim upon the activity of the Allies.