New Britain herald., 1922-04-19
Whether Teutons Will Remain at Sessions Is Problematica Are Drafting Reply Today
Economic Experts Insist Europe Must Work for Increased Production and Taxation.


 cd Press)-The Genoa conference ap. parently has been saved. For the last two days it had tottered on the edge , of collapse due to indignation of some Of the more important leaders oyer the action of the Germans and Rus- sians in secretly concluding a treaty covering the principal and most deli. cate consideration by the conferees. Germans Arc Barred tE | Now however the deelgates are to go forward with their work but the Germans are barred from participating | in all deliberations concerning tho Russian question. This penalty was laid down in note Of censure sent to the Berlin delegation yesterday af- ter all day consideration of the dtu- ation by the representative of the five inviting powers and the little en- tente.
 Teutons Criticized
 Whilst the conference was sitting and whilst Germany was represented on commission and sub-commisdon charged with the negotiations of European peace with Russia" said the note, The German representa- tives on that commission have behind the backs Of their colleagues. conclud- ed in secret treaty with Russia on the very questions which they had un- dertaken to consider in loyal conjunc- tion with representatives of the other nations"
 Preparing a Reply ypi1 at theconferenc eis problematical but her delegates are engaged in drafting 3 reply to the note of censure and it is thought that. while protesting their disharment from the commissions dealing with Russian affairs they will be content to remain.
 Their reply is expected to mako the point that only the full conference has power to bar them, and in this they are supported by the neutral na- tions headed by Denmark whose dele gates already have protested to the conference leaders.
 Denies Secret Farley
 Furthermore Dr. Walter Rathenau, German foreign minister, maintains the conversations with Russia were not secret as he says Premier Lloyd George of Great Britain was notified last week through anothr member of the British delegation that the Ger mans could not agree to the pro. gram contained in the report of tho allied experts and were forced to negotiate with Russia direct"
 Hopes Arc Expressed.
 The conference delegates were deeply impressed by the words of warning concerning the financial sit- uation in Europe set forth in the re- port of the special board of en tnent experts. Hopes were voiced today that an international monetary con- vention with the United States repre-. sented as suggested by the experts. would soon be convened to examine the financial position of the whole world and to recommend to whom and by whom the necessary assistance should be given.
 The board declared that both tho victorious and defeated nations in the late war must find means of counter acting the growth in the volume of outstanding money and government obligations, and it's concomtant, tho constant increase in prices. They in- sisted that unless remedies like in- creased production and taxation were applied the depreciation in money would wipe out the savings of tho past and lead to gradual bankruptcy and anarchy in Europe. The Germans were pleased with tho section of the report regarding Ger many, which states that the burden to be placed on the German nation should not be so great as to destroy its power of production. and declares that Germany's reparations contribu- ton should be extended over longer periods so as not to endanger her 
 It was understood the report would be considered at the meeting of the sub mittee on currency.
 Lloyd George Indignant.
 Commenting on the note sent by the allies to Germany yesterday the entire Italian press is agreed in de- claring that the note suggested by Premier Lloyd George was much stronger than the note actually sent.
 The note, they say, was modified chiefly through the conciliatory ef- forts of Foreign Minister Schanzer of Italy who pointed out that the chief object of all the delegates was to prevent the breaking up of the con- ference.
 Baron Romano Avazzana, as secre- ,ary general of the conference, called 1t 1880 o'clock last evening on Chan ,ellor Wirth, head of the German delegation, to deliver the note, but pr. Wirth being absent, the baron was received by Dr. Walter Rath- snau the German foreign minister. After reading the note Dr. Rathenau said it would be impossible for the German delegates to attend the gala iinner being offered by Premier Fac a to all the conference delegates, in 'iew of the receipt of such a stinging of the Germans, which -equired careful examination on thetr