Farce

So quiet has been the official tongue about the proceedings of the Anglo-Russian parley in London (TIME, Apr. 28, May 19, June 16) that many were the people who had almost forgotten its existence.

A rumor was spread that deliberations between the British holders of Russian bonds and the Soviet, delegates had reached an impasse. No reliable details were made public.

The Conference proper has been delayed for a whole month in order to permit the bondholders to come to terms with the Soviet representatives. As an accord has apparently not been reached, British recognition of Russia still remains as much of a farce as ever.