cents. Trading on old orders ccntinued of fair prororticns kut new Lusiress is sti]ll light. Refined futures were rami- nal. London, Nov. Bth.—'Tke Terrible NTurk’’ threatens to play ¢n inrort- p: ¢in the British electicrs. Tle or @.w ovt, ieeface to face with tle issve of “‘war.._ .gering’’ zld all Frglerd is alert tonifht for the fist raikirg of tke machine gurs thrat licuterent Cen- eral SirgCharles BEarirgten is reyaited to have placed alorg tle (Calzta Liicge across. - t Bosphorus. Folitical *“‘big guns’’ wde silent tcday, btut lord Cur- zon, theQForeign Scaretzry, spezkirg before thg city Ccrservatives, ceclared that -the ?mjkish‘,x"ret( nsicrs werld le met with®a: strecrg lerd, ¢xrlaining that Great ;B?ogain would not seek rezce with the Turk® at the exrense of umilia- tion- and disgrace. ‘‘llLe Nationalist would court disagter,’”’ he said. "‘ifthey oppose the streng?x of Great Fritain ard the might of Europe’”’. ‘Mr. Bonar Law is expected to discuss the issue fully at the Guildba)l’ barquet tcmorrcw night, While tle,Conservative orgens are charg- ingMr. Lloyd Geoilge with resyorsibility for the situaticn_as it stands tcdzy, the former Prime Minister’s own followers are takipg a sinister pleasure in declaring that the present outburst by the Turk is due solely to the belief that he can bluff Mr. Bonar Law, where he could not bluff Mr. Lioyd George. Lord Curzun incidentally revealed that the entire “*statement of policy’’ of September 16th, was not a Cabinet document, but issued on the responsibility o1 two or three Ministers.’Althouszh the Lloyd Georgeans cannot sa® so publicly, in view of the possible weakening cf the: British hand they have held all along that the mani- ‘festo was not meant seriously as a call to war, but purely for Turkish cars sfrage- tically and diplomatically the problem is easier for Mr. Bonar Law. The one difficulty' that remains is Chanak. But, while Mr. Lloyd George had to hold Chanak for the sake of British prestige, it is expected, that if hostilities break out. the British forces will be withdrawn ‘across the Bosphorus and the Darda- nelles with those of the other nations, in accordance with the policy outlined by Lord Curzon today of acting in concert - with France and Italy, and the Europeaa shore* held- behind 'the shelter of the fleets.. The result of such action would be an indefinite postponement of th2 Lusanne conference and a consequent delay .in-admitting the. Turks to Thrace. [t is realized there are already consider- able irregular Turkish forces in Thrac>, _but military advisers.here believe wita ~ the French, that Constantinople and the - Straits:can be held -by a relatively small force, provided it is conceptrated ‘on the - Western shore. Lhis would, of course give the Turks power to close the Straits ‘to.peaceful commerce, but the present . British Gevt. belieyes the blockade would 1. CRUO 1 X A VI S rct last; assurarces of sticrg cc-cpera- tion already have keen exclarged and a rvmber of the Cabiret are meeting to- night with General the Farl of Cavan, ( hies of Steff, to decide wlat steps may be recessary. - It is be} 'ved that ciders have ahezdy been issued csrceliing the withdrawal.of British