Arizona republican., 1922-05-02
JUSTICE
TAT 7 MAY NAME
MISSION TO FIX
RUSSIAN DEBTS
Commission To Have Power
To Decide All Questions
Affecting Russia's Abil-
ity To Meet Obligations
[RspubIIean A. ?. Leased WIrel


GENO. May Chief Justice Taft
of the United States supreme court
will be asked to name the chairman
of the mixed arbitral commission to
be established for controlling the
debts owed by the Russian govern
ment to foreign bond holders, accord
ing to the plan arranged today. The
other members of this commission
viii represent all the bond holders
and the Russian government re-
spectively.
The commission viii have power to
remit interest and decide all ques-
tions affecting foreign bond holders
and Russia's ability TO meet her obli
cations; a time limit will be fixed
in which bondholders may make
their own arrangements with the
Russian government If they desire.
Mixed arbitral tribunals, one for
every interested nation, will be set
Up to deal with the question of the
property of foreigners which has been
nationalized; the chairman of each
the mixed arbitral committee. In the
plan adopted practically everything
which savored Of capitulations of in
fringement on Russia'S sovereignty
was waived. The French suggestion
that a provisional administration.
pending Russia,s establishment OF
courts on the basis desired by west
ern Europe, was not approved
Labor day was real labor day
for the Genoa conference. The SUBJ
commission on Russian affairs
rushed its consideration Of the Rus
sian reconstruction plans and came
through late tonight with approval
of the draft of the proposals. These
will be considered again tomorrow
for the purpose of final editing and
will probably be sent to the Russian
delegation Belgium alone held out
on the section relating to the treat
ment to be given to the property of
foreigners nationalized by the soviet
This is a vital point in
the proposals and has been stubborn
ly contested. France finally SUBJ
scribed to the project proposed by
Great Britain whereby the use OF the
property will be restored wherever
possible and in other cases compen-
sation will be arranged through
mixed arbitral tribunals.
Belgium stood firmly for the prin-
ciple of restitution and went on rec
ord as protesting. declaring that the
vested interests of Belgians in prop
erty in Russia amount to G 100, ,000,-
900 and that Belgians will never
again invest in Russia unless resti-
tuition is made.
Tya tn efn lea fN t4p
treatment of foreigners, the admin
istration of justice and the general
liberty OF foreigners to travel and
engage in enterprises in Russia, it
was decided to abandon those Sec
tions of the London experts report
which referred to certain measures
the immediate restoration
Of Russia would be facilitated. Among
the provisions in this report. thus
given up was that requiring the con-
sui of foreign country to ratify the
decision in a criminal case affecting
the citizen of the consuls country
before such decision could be carried
out. The delegates agreed today that
such measure would be a distinct
violation of Russia's sovereignty
it was agreed that the
suggestion to insist upon exceptional
treatment and protection for foreign
workmen in Russia, and Russian
workmen employed by foreign COM
panies would be unjust in its opera
tion and harmful to the liberty Of the
trades union movement, not only in
Russia, but throughout the world.
Concerning the general question of
treatment of foreigners paragraph
was inserted setting forth that in
as proper restitution Of Rus
sia depends upon the reestablishment
of freedom of movement and honest
and equitable administration OF JUS
tice. the Russian government prom
ises to undertake the establishment
Of these conditions Immediately.