Great Falls tribune., 1922-04-18
DISARMAMENT
COM FERENCE IS
NOW DISCUSSED
Delegates at Genoa Al
ready Asking What
Next of Each Other.
Next Step robably One
to End War Between
Japanese and Russia.

Genoa, April 17.-(By The Associ-
ated Press After Genoa, what? This
is the question uppermsot in the minds
of the delegates to the international
economic conference. Experts and dele
gates alike are agreed that it probably
would be necessary to have at least two
more conferences before peace IS re-
stored and financial reconstruction is
possible in Europe.
Granting that the Russian problem
is settled in principle and recognition
is granted Russia by the Genoa cor
ferees-which apparently is the most
that can be hoped for from the present
gatherings disarmament conference
probably would be the next step IN an
effort to end what the Russians say
is virtually a state of war between
Japan and soviet Russia and Ru'nania
and soviet Russia.
Turkey and Greece also might be ad-
mitted to this conference in an effort to
stop the fighting in Asia Minor.
France Hangs Back
France has expressed desire to dis
cuss disarmament with her friends, but
not with her enemies: consequently,
there may be some difficulty in getting
her to enter a general disarmament or
peace conference embracing all the
powers which still have armies on
war footing.
Frank Vanderlip, the American fin
ancier, Professor Gustav Cassel, Swed-
ish economist and other experts ut
Genoa apparently are agreed that sum
moning of disarmament conference is
a necessary step before successful
financial or economic conference is pos
sible as lessened military expenses are
before loans can be floated
on large scale.
The United States and Germany
probably would not participate in this
as Germany already is disarmed under
the terms of the Versailles treaty and
the United States is not directly con-
cerned with European army affairs.
Washington Logical Place
Washington generally is regarded as
the best site for an economic con-
ference to follow the disarmament
but holding the meeting there
scarcely would be possible unless the
Russian government were in the mean
time recognized by the United States.
As the chances for recognition of
the soviet by the European powers be-
comes brighter the interest in Amer
icas attitude toward Russia increases,
and the delegates are asking the Amer
leans in Genoa how long the United
States will hold aloof politically from
the Moscow government. which it is
helping grossly with food.
Frances fixed determination not to
permit the slightest revision of the
Versailles treaty undoubtedly would
prove a great handicap TO another eco
nomic or financial conference which
would have to deal so largely with the
reparations problem. but the present
conference is breaking much ice and
Mr.. Lloyd George. the British premier.
is looked upon generally as a leader
skillful enough to overcome any
French opposition in this regard.
Financial Board Works
The financial commission of the con-
ference continued its examination of
several proposals concerning currency.
The monetary conditions various
are said TO differ SO much
it is impossible TO adopt Il rule that
will apply to all and the majority of
the delegates are agreed upon q plan
for convoking an international none
tary convention to the attended by
of the central banks of
issue.
Such a convention would have as its
object formulation of advice
IS to the best means of economiZing
me use of gold By maintaining reserves
N the form Of foreign balances. such
for instance as the gold exchange
or an international clearing
syStetm.