Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-04-27
BY the Associa ted Press.

BY the Associated Press.
GENOA. April 26-The French dele
cation gave out a statement today
embodying what it understands 10
be the exact Russian demands pre-
sented at the meeting Of the experts
on April "a. A summary, issued with
the explanation that 1t IL based on
the notes taken by the various ex-
,perts of the powers. follows:
1T is agreed. on condition that i'm
mediate and adequate financial assist
ance is given to Russia and on con-
dition that the soviet government OF
Russia is recognized de jure, that:
Article 1. The Russian government
promises to pay the financial obliga-
items Of the imperial government OF
Russia contracted before August /,
1914. with foreign powers and their
nationals. 1t is understood, however.
that persons in legal possession Of
the above obligations before March,
1917. will have the right of reim-
bursement under the conditions stip-
ulated in this article.
Disputed Areas Left Out.
\ "(Note AZ. The present article does
STA has territorial disputes which are
not vet settled. (This presumably
applies to Rumania.)
"(Note b.. The questions treated in
the note to article l Of the London
memorandum will be reserved for ex-
animation by a political commission.
(This note refers to security on debt.
on which there are various solutions.)
Article 2. The Russian government
will oblige the local Russian authori-
ties or government to recognize the
financial arrangements contracted by
them with the powers and their ma
tionals. But contracts made after No
vember Z, 1917, by local governments
who are not under the authority OF
the central soviet government do not
fall within the purview of the above
article.
Recognizes Utility Claims.
1.-THE Russian government recog-
nizes all contracts relating to public
utility enterprises guaranteed by the
imperial Russian government.
Article 8. The Russian govern
their property. which has been ma
tionaIized or requisitioned, whenever
it be possible under the social and
economic system and fundamental
laws of the Russian republican other
words, grant to them pre-emptlon
rights to retake their property either
in the form of q concession or in fee
simple. or will grant preference to
them to become members of COM
panies or trusts. The above form OF
control will be arranged for a fixed
period on conditions arrangeable sep
arately for each case.
THE Russian government Is also
ready to satisfy the claims Of foreign
ers who were former proprietors, II 1t
thinks their claims are just and not
in conflict with the above conditions
and is ready to hold direct negotia-
tions with them, or to negotiate ny
such other means as may be arranged
by the Genoa conference.
Cancels Interest Arrears.
Article 4. Arrears of interest and
all interest which would normally
fall due to the end of a moratorium
and redemption Of debts and obliga-
tions of every nature referred to in
the <rst three articles will be can
celed.
Article. 5. On their part. the pow
ers promise to restore to Russian
properly of whatsoever nature which
is now held in foreign lands--for ex-
ample. precious metals. buildings and
ships-and the powers Promise to see