New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-04
France Seeks
Allied Unity
Against Reds

ters Of neighbors, and decided there
fore that they could maintain their own
institutions while demanding credits.
Poincare agrees that the Russians have
the right to make any laws they please,
but argues that q they want credits
they must make laws and conditions
such as to induce capital 20 come 70
Russia.
II the first Cannes condition lie ac-
cepted without those following, the
natural result is TO condemn Russia TO
isolation, Poineare declares.
THE decision remains with the ask
ing country. whether they are willing
TO make suitable laws and modify
their legislation in order 70 obtain
credits" the note asserts. The Rus
slams at Genoa made an error IN. think
ing that foreign governments con-
trolled capital. They failed 10 realize
that all capital IS divided into two
categories. public and private. The
first depends entirely on parliament, in
other words, on the nation. while the
second depends on the will Of in
dividuals."
To attract capital at all, Poincare
says. the Russians must modify their
principles
"Only three points should be dis
cussed AZ The Hague-debts, property
rights and credits" the communication
goes on. "The experts must be re-
duced TO these three points without a
political discussion which would only
offer the Russians opportunities for re-
ncwed declarations OF their Soviet
principles. which are nothing but
propaganda"
No Compromise on Debts
Poincare demands that the Russians
recognize the principle Of debts,
whether between government or indi-
viduals. This principle he argues al
lows OF no compromise. He insists that
there is no reason for granting Russia
special advantages.
The Bolshevik demand for reimburse
men. for damages caused by anti-rev-
olutionarv movements led By Admiral
Kolchak. General Denikine and others
will not be considered by Poincare, who
points out Inhl NfIf 49,
looked the tremendous cost 10 the Al
lies in lives and material because OF
Russia's inopportune withdrawal from
the common war waged against Ger
many.
Poincare makes a strong point Of the
necessity Of changing conditions IN
Russia completely before the world
will he able 10 offer aid.
"The people who once had confidence
in Russia extended their time and
money 70 build up her industries he
says. This work was done entirely
by foreigners. Unless confidence is
restored and conditions Of ordinary
business are guaranteed, Russia will
find nobody in any country who will
lend her money. Property must be
completely restored unless that is i'm
possible physically. In that event IT'S
value to the former owner must be
restored in negotiable wealth and not
in bonds which would be difficult to
dispose OF.
when the property is restored, the
holders must have a guaranty that
they wilt enjoy the fruits Of their
labors without interference from com
munistic laws"
Foreign Capital Essential
Poincare contends that because the
restoration Of Russia depends on for
eien capital, intensive study Of credits
must be made at The Hague.
There must be a profound trans
formation OF present conditions in Rus
sia affecting commerce and industry"
the note says. $50 long as present
conditions remain. no collaboration is
possible and no foreign capital can be
invested in Russia"
"Russia's restoration must begin
with agriculture, otherwise industrial
workers would not be fed" the memo
rAndum continues. 'In order that this
may be accomplished. certain changes
in communistic principles are nects-
sary, so that the peasant can keep what
he hsrvests. Without the proceeds Of
their hsrvests the peasants cannot buy
materials.
"The basic principle Of Russian res
torstion lies in re-establishing prod &C.
ton, but 20 do this the Soviet regime
must be greatly modified.
These questions we're left untouched
at Genoa, and If put aside at The
Hague Europe can accomplish nothing
useful there. The Boltheviki at Genoa
often told the French delegates that
they had plans for the reconstruction
Of Russia, but they always failed 10
produce them. Whenever the subject
was preached they answered that the
Moscow government needed credits.
while the rest Of the country didn't
matter.
Therefore. II Ia eviden. .b.. ro.h;-.