Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-06
GEN0AEXC|TED
BY RUSSIAN OIL
INTRIGUE TALK
Bolsheviki Say 1t Is a
Trick of Little Entente
to Entangle.

Genoa, May Shy The Associated
Press.)-No American oil town ever
had greater oil excitement than Genoa
has had over the rumors that various
agreements have been entered into by
the bolshevik delegation. Petroleum is
gushing all over the Genoa confer
nee: nothing has created such a stir
since the Germans and Russians
handed to the surprised conference
their Easter treaty.
Baku literally has been moved to
Genoa, and Azerbaijen has been put
on the map for diplomats who for
merly had little idea where that re-
public on the Caspian was located.
Certain districts. never heard of until
this week. are being discussed glibly.
Russians Deny Deal
The Russian delegation has denied
that it made any contract for the sale
of its output. Everybody from NJ
T'chitcherin down has denied reports
of all contracts. Colonel J. w. Boile,
a Canadian officer who represents the
Royal Dutch and Shell companies
here, which are reported to have
signed contracts with the soyiets, has
issued repeated denials from his sick
bed.
The British government also has
denied that contracts have been made
with it's knowledge, but the French
correspondents will accept no denials,
and are describing the alleged treas
ury' which is supposed to have given
the British control of the Caucasian
output. 1t was expected that oil
would be the greatest prize which the
Russians could offer at Genoa; con-
~sequently there is willingness to ac-
cept amy rumors and the air is full
Of them.
Also Declared Soviet Trick
The Russian charge that the report
emanated from one of the little en-
tente countries, which wanted to en-
barrass the soviets in their Genoa
negotiations, but representatives of
various non-British companies which
have been dickering with the bolshe-
Wiki intimate that the Russians circu-
lated the rumor to spur up compe-
tition and get better prices.
NJ. Rakovisky made a statement
relative to the Russian oil output
WHICH Elbows Tue I1OItUlS pTOuuCtlOu
averaged Al, 100000 pools in 1913 and
was nearly %. 900 pools monthly
in 1922. "a pood is 36 pounds. He
pointed out that the oil industry has
suffered less than virtually any orner
in the Russian collapse.
krassin Is Negotiating
NJ. Krassin, although denying the
completion of any sales or develop
ment agreements. frankly states that
he is negotiating with oil companies
in many countries. The Belgians for
merly owned many oil properties in
the Baku fields and their objection to
the Genoa corserence's plan for deal
ing with nationalized property in Rus
STA belonging to foreigners is based to
a considerable degree on their fear of
losing their interests in Caucasian oil.
The Standard Oil company also had
many properties in Azerbaijen and the
Americans are watching the develop
ments keenly.
KrassIn Confers With Day
Leonid Krassin, Russian soviet trade
expert, held conferences Thursday
and Friday with Mason Day, president
of the International Barnsdall corpor-
alton of New York, concerning plans
for the development of the Baku oil
fields, as well as south Russian coal
fields and agricultural and commercial
development necessary to make the
products of these mineral and Oil dis
tricts marketable.