In the event of disputes between one state, a member of the league, and another state, not a member, or between two states that are not members, the covenant provides that the high contracting parties agree that the state or states, not members of the league, be invited to accept the obligation of membership in the league for the purposes of settling such dispute upon such conditions as the executive council may deem just. In case of refusal of the power so invited to accept the obligation of membership in the league, provisions for declaring war by the member of the league will be applicable.

In case both parties to the dispute refuse to accept the obligations of membership for such dispute, the executive council may take such action and make such recommendations as it deems best to prevent hostilitier or result in a settlement of the dispute.

Conference Held in Famous Clock Room.
The plenary session of the peace conference is being held in the famous clock room of the foreign office this afternoon and may mark the conclusion of the most important phase of the world's greatest international gathering.

Subjects of the greatest importance are still to come before subsequent meetings but, in the opinion of qualified students of history of other conferences, the adjournment of today's session may reveal that the foundation of the settlement of all questions that follow has been laid.

Will Tell France's Objections. 