Arizona republican., 1922-04-22
WITH RUSS-GERNAN TREATY
Of WAY GENOA PARLEy.
BEGIN WORK ON ECONOMICS
Insistence Of SoUiets On Foreign Financial
Aid As Necessary Condition To Salvation,
OF Russia All Eyes Turn TouUord United
States; American CAPITAL Main Object
Republican A. P. Leased WIre1


GENOA, April 21-The economic
conference today made a great stride
forward. The elimination OF the
Russo German treaty from the con-
troversy, and soviet Russia's pro
visional acceptance of the allied con-
ditions concerning foreign debts and
confiscated property OF foreigners
produced a very definite hope that
the greatest congress European
statesmen ever held with accom-
plish something real and tangible for
the reconstruction of Europe, includ-
ing Russia.
The demands Of the powers which
have been accepted include the waiy
ing by Russia of her counter-clairas,
based on military Intervention: rec
ognition Of war debts to the govern
ments, with the understanding that
they will be considerably scaled
down. recognition OF debts and III
nancial obligations due TO foreign
nationals and the right of foreignezs
to have confisc;ated property returned
10 them or to be given proper COM
pensation for it.
The conciliatory nature OF the an
swer OF the soviet government con-
tributed to the optimism that the
ment with the powers bv which
Russia will be permitted to enter
into the comfy OF nations. The
clear and brief demands of the allies.
which afford concrete basis for dis
.cuSsion are compared here by the
observers TO the concrete American
proposals fol naval limitation which
was introduced at the outset OF the
Washington conference and which
gave the delegates to the Washington
gathering an opportunity to concen-
trate discussion on something tang
ible and constructive.
The insistence of the soviet on for
eign financial aid as a necessary con-
dition to Russia's salvation serve 10
turn all eyes toward the United
States for it seems to be recognized
that effective slccor for Russia is
impossible without the participation
of American capital. This convic-
tion is so profound that the allied
representatives are limiting that they
would like to see Richard Washburn
Child the American ambassador to
Italy, attend the discussions on Rus
sian affairs.
The sentiment regarding American
financial support was summed IN
today by former President Motta Of
Switzerland. who said that without
assistance from the United States it
would be very difficult for Europe
to win out.
I'VE do not believe that America
VIII forget the ties binding her to
Europe he declared.
simultaneously with todays deyel-
opments here prominence was given
press dispatches from the United
States asserting that public opinion
there did not expect. any assistance
would be given Europe until Europe
put her house in order and really
got to work. settled the problem Of
German reparations and reduced ner
armies.
Senator Facta. chairman Of the
conference, tonight officially voiced
hope for the success OF the confer
ence which the soviet reply of today
is considered to justify. A committee
OF seven experts. representing Great
Britain. France, Italy Belgium. Japan.
Holland and Czecho- Siovakia will
meet tho soviet evnerts tomorrow to