The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-05-02
TAFT ASKED TO
APPOINT CHAIRMAN

Genoa, May l (By the Associated
Press).--Chief Justice Taft of the
United States supreme court will be
asked to name the chairman of the
mixed arbitral committee to be estab.
lished for controlling the debts oweG
by the Russian government to foreign
bondholders, according to the plan ar
ranged today. The other members OF
this commission will represent all the
bondholders and the Russian govern
ment, respectively. The commission
will have power to remit interest and
decide all questions affecting foreign
bondholders and Russia's ability t.
E:eet her obligations; 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 will be named by the chairman
of the mixed arbitral commission. In
the plan adopted practically every
thing which savored of capitulations
or infringement on Russia's SOW
ereignty was waived. The French
suggestion that provisional admins
tration, pending Russia's establish
ment of courts on the basis desired
by western Europe, was not ap-
proved.
Labor day was real labor day for
the Genoa conference. The subcom,
mission on Russian affairs rushed it's
consideration of the Russian recon
struction plans and came through late
tonight with approval of the draft of
the proposals. These will be consid-
cred again tomorrow for the purpose
of final editing and will probably be
sent Immediately to the Russian dele
CATION.
Belgium alone held out on the Sec
tion relative to the treatment to be
given to the property of foreigners
naionalized by the Soviet govern
ment. This is a vital point in the
proposals and has been stubborn!y
contested. France finally subscribed
to the project proposed by Great
Britain, whereby the use of the prop
erty viii be restored wherever pos.
siDle and in other cases compensation
will be arraned through mixed ar.
bitral 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 amounts to 100000, ,00C
pounds and that Belgians will never
again invest in Russia unless restitu
tion is made.
In the discussion relating to the
treatment of foreigners, the admins
tration of justice and the general lib
erty of foreigners to travel and en-
gage in enterprises in Russia, it was
decided to abandon those sections OF
the London experts report which re-
ferred to certain measures whereby
the immediate restoration of Russis
would be facilitated. Among the jro
visions in this report thus given w
was that requiring the consul of {
foreign country to ratify the de-
cision in a criminal case affecting
the citizen of the consuls country be
fore such decision would be carried
out. The delegates agreed today tha
such a measure would be distinctl!
violation of Russia's sovereignty
Similarly it was agreed that tn:
suggestion to insist upon exceptiona
treatment and protection for foreign
workmen in Russia and Russian
workmen employed by foreign com
panies would be unjust in it's opera
tion and harmful to the liberty of tn
trades union movement not only il
Russia but throughout the world.
Concerning the general question o
the treatment of foreigners a para
graph was inserted setting forth tha
inasmuch as proper restitution o
Russia depends upon the reestablish
ment of freedom of movement AM
honest and equitable administrator
of justice the Russian government
promises to undertake the establish
ment of these conditions Immediately