The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-04-28
ACTION NEXT WEEK
Soviet Plea, German
Problem and Entente
Attitude OH Peace Up
for Settlement.
BETTER FEELING SEEN
French and British in Ac-
cord on Answer to
Russia.
LOAN TALK AT PARLEX
News Of Morgan's Decision to
Attend Conference Hailed
by Delegates.
LOAN TALK AT PARLEK
ny JOHN NH. STUART.

Special Gable to THE NEw York IImALD.
Copyright. 1922 by THE New YoRK HnRALD
GENOA, April 27. - High political
stakes lie on the table In Genoa to-
night. The first Is Russia's. about
which diplomatic discussions revolve
tomorrow The second is Germany's.
whose fate must be resolved within q
fortnight. The third is the future Of
the Entente-and that must be settled
within few days.
With the second full meeting of the
conference due early next week at
tenti,n will be fully concentrated
upon the three great problems which
are to determine the future Of
Europe and the world. The western
Powers to-day reached unanimitv
upon the general terms of tn fceu
ment to be submitted for Russ as
ceptance or rejection to-morrt
Better France British Fee fwG.
Anglo-French agreement upon Enss
point is read as a favorable avguvE
for agreement upon that seco ara
more bitter point German rem -
tions), about which so much oS the
others revolves.
Mr.. Lloyd Georges steady pi espfs
toTeach settlements sett gnet
II the Importance so strikingly olce6
in his speech to the Anglican riee1
reporters last night-apparer fz
bringing fruit In both dire Ions,
though the fruit is by no mea yet
ripe. But non-governmental lo.As by
British banks, with the possible con-
currence of the Americans, may bs
the solution Of both Russian and Ger.
man difficulties.
The Russians are reported az
anxious to make many concessions il
they can return with the assurance
that they have secured money for
food and seed over the next harvest.
That amount is placed at 100000
0C0. and there is more than an inti-
nation in important British banking
circles that such an amount will be
forthcoming under certain conditions.
If this is attained the question Of the
political recognition Of Russia may
we'll be remitted for the present.
French Attitude Changes.
NJ. Poincare went even so far as 70
say, in his latest message, that he
might come to TIE meeting here deal
ing with the carrying out OF the ver-
sailles treaty. il the economic confer
ence were totally suspended while he
was in Genoa. To this Mr.. Lloyd
cally phrased but nevertheless en-
phatic "Nonsense." The French DEL
egation is convinced that Mr.. Lloyd
George was right. and NJ. Barthou. it
Is said tonight. has been instructed
to remain here and not return to
Paris to discuss the situation with NJ.
Poincarc. NJ. Poincare, who is not ex-
pected here, is understood to hold that
II Is not necessary to discuss repara-
tions until the Germans indicate what
Aiity Wiit w diltI hdy OF. lnen ne
will discuss penalties with the Su-
prcmo Council.
AS Ii stands tonight the entire ma
chinery OF Genoa Is ready to accord
with M. Poincare's convenience IL he
will only come. 1t will not mean that
the experts and others must cease
their work; but the heads of the
states signatory TO the Versailles
treaty will make II clear that discus
sion OF the reparation situation 10 not
connected with the larger conference.
The postponoment of NJ. Poincare's
official reply is understood TO be due
10 the need for consultation with
President Mileraud. The possibility
Of a new French domestic crisis is
discussed here. but minimized In tho
best informed quarters.
Even those English OF the Keynes
popular feeling in France on the ques-
tion or reparatlons, and the necessity
for providing something substantial ff
the present situation is to be changed.
It is now their idea that n loan from
England and possibly the United States
would carry over the crisis until such
time as the French could be educated
20 tho economic realities of the situa-
tion.
II the samo way a nongovernmentai
loan 20 Germany OF f3S.V0o.0o0 may
tide over the reparation crisis. enabling
Germany TO meet her payments 1ue
"