The New York herald., 1922-04-25
Soviet's Plea for Recog-
milton Asks Also far
Huge Loan.
PROBLEM IN GUARANTEES
Bolshevik Want War DEBTS
Cancelled-Retter Franco
British Feeling. Seen.
ny JOHN NH. STUART.

by JOHN NH. STUART,
Special Gable 70 THE Srw Yoxx Hrube
Copy toht, 1889, by THE s;sw Yoax HxlAra
GENOA, April 24-Premler Lloyd
George is understood 20 have .aksr
the position that 1: IS botter politics
for him to 60 home with tee
conference wrecked by France rather .
than with Only hal. OF the resuis
he had contemplated. Hence. I
luncheon conference to-day is con
strued as the first of his efforts
SO to frame the details OF the a..
rangement az 70 make for Frances
acceptance OF the practical pol,tics
OF M. Barthou and Premier Po.ncare.
Lord Bi-kenhead at the luncheon
stressed the Importance TO Americs.
as well as to Great Britain, OF re-
vtved European markets, insisting
that America would cooperate IL
Europe once showed the signs Of
such revival
The Russians today submitted 70
the political subcommission a formal
demand for de jure recognition and q
large loan. The amount of the latter
was said to be $4,000, ,o00.0 900. II is
this fact that Lord Birkenhead Is
believed to have referred to when he
said there was cause for optimism
because the Russians realized that
the thirty-four nations here had more
to give than Russia had.
The Russians as much as admitted
this to-day in stressing the conten-
tion that 1t was useless for them TO
return to Russia empty handed to
a country in a hopelessly impoy
erished condition.
The allied experts refuse absolutely
anything like bank loan. but are
willing to make some specific allot.
ments in cash for specific purpos--,
such as reconstruction and railways,
to the amount OF s5Oo.oo0.O0o. .
Want War Debts Wiped ont.
The question of Russia's debts alsn
was touched on, the Moscow dele
gates advocating eliminating the war
debts and cancellation of the interes,
on pre-war debts.
The Russians grouped the purposes
OF the proposed loan under the
general heads of railways, agriculture
and industry, but much remains to
ha th roc al ont ae 20 hoo, .,,.t, !, f.,,.
shall be controlled. There is some
disposition in British quarters TO
allow the Russians 10 develop oil for
themselves, for instance, but no
means have yet been devised to assure
that the money furnished shall be
spent in oil development.
The Russians hope the loan will
be taken up by all countries save
those now in occupation of Russian
territory Rumania In Bessarahia
and Japan in Siberia Japan. inci-
dentally, is understood to be lined
up strongly with the French against
land disarmament But the entire
weight of the British, Italian and
other delegations seems to he thrown
tonight toward a demonstration
which will make acceptance Of the
Russian demands practical politics.
Birlscnhend Optimistic.
Definite dlsaI lament plans and do1.
mite details OF what Russia wants ~
the Allies were discussed for the first
time to-day. After the luncheon given
by Prime Minister Lloyd George. nj
which Louis Barthou, head OF the
French delegation, was guest. VII.
count Birkenhead told the newspaper
correspondent there wero grounds
for optimism" His statement o5.
viously was made TO prepare the wav
for the recognition Of tho Russian
Government. His profession OF optim-
ism was coupled with tho warning
that public opinion In Europe H.
growing impatient against those who
would obstruct q political as well ~
an economical settlement
Lord Blrkenhead put two or three
yesrs--instead OF the British Pre-.
micr's tcn--as tho time during which
the minds OF tho people OF Europe
must be relieved Of the fear OF recur.
ring hostillties:" but later denied e.
THE New YoRK HERALD correspondent
that this signined any important
change IN tho program.
1t Is understood that the Barthon
Lloyd George luncheon was prodtc.
tive Of a better understanding. though
Mr.. Lloyd George e believed 70 ha,s
intimated that Re will yisid no NOR.
to tho French point of view,
The Russians to- night subni,s.d d.