Evening star., 1922-04-22

BY the Associated Press.
GENOA, April 21.-The text of the
Russian reply to the entente powers
is as follows:
"The Russian delegation has ex-
amined with the greatest care the
proposal of the allied governments.
as set forth in the oficiA note Of
April Is. and at the same time has
consulted with its government there
anent.
The Russian delegation is of opin-
ion that the present economic situa-
tion in Russia and the circumstances
leading to itSamply justify. in respect
to Russia, the complete remission of
all her debts as set forth in the
above note by recognition
of her counter-claims.
Ready to Go step Further.
However. the Russian delegation
is ready to go step further in the
quest for a solution and adjustment
of differences and to accept articles
and 2 and item / of the above-men-
toned annex. provided that war debts
and arrears In interest, as well AS
postponed interest on all debts are
written down and financial assistance
is given Russia to help her to recover
from her present economic state in
Regarding article 8, part 2. on the
subject of the above conditions, the
Russian government would be ready
| to restore to their former owners the
| use of property. nationalized or re-
served, under the reservation that in
the event Of that being impossible.
, sa tisfaction shall be given to the
| legitimate claims of the former own
! ers either by mutual agreement ar
rived at indirectly between both
| parties. or in virtue of arrangements
to be worked out during the present
i conference.
| Financial Aid Vital
Financial assistance from foreign
sources is absolutely vital for the
| economic reconstruction of Russia
and so long as there is no prospect of
reconstruction forthcoming. the Rus
siap delegation does net see its way
| to saddling it's country with debts of
! which il would not be able to acquit
| itself
"The Russian delegation wishes i,
clearly understood, Notwithstanding 6
the fact that it appears obvious in
point of right. that the Russian gov
| ernment cannot assume any obliga-
| tion with respect to the debts of its
predecessors until it has been off,
}cially recognized de jure by the in
| terested powers.
| Hoping you will find the forthgo.
/ ing proposals will be an adequate
basis for resumption of discussions
| we have the honor to be
Your very obedient servant
tSigned) .'CHICHERIN."
| Reply Of the Germans.
Following is the text of the note
| addressed to Premier Facta of Italy
| chairman of the economic conference
in reply to the communication to the
German delegation. condemning the
| Sunday by the German and sovie,
1 Russian foreign ministers:
I'm response to the note of April
16, signed by you and the presidents
of the French. British. Japanese, Bel
| gian, CZechoslovakian. Polish. Serb
Croat and Slovene. Rumanian ano
! Portuguese delegations, / beg to re.
mark the following:
Recognized for Several Years.
! Germany has recognized the Rus.
sian soviet republic for several years
A settlement had, however, to be
! regard to the consequences arising
from the state of war before it was
possible to renew normal diplomatic
| relations. The negotiations carried
on between the two governments over
| this question had already several
, weeks ago progressed SO far that g
! conclusion was possible.
| 1T was especially of Importance to
| Germany to come to an understand.
ing with Russia because she gave
| an opportunity of establishing peace
| with one of the great belligeren1
| powers under conditions excluding