Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1922-01-07

~A1AASS, AoASC. OA1. t"N1y lnC
Associated Press. )-The Allied su-
preme council planned to begin con-
sideration of the question Of Ger
many's war reparations today in an
atmosphere somewhat cleared by yes
terdays decision to get together with
Russia and Germany in an interna-
tional financial and economic confer
encc.
The Belgian delegation has an
nounced that it will insist on Bel
gium's priority to 2,5o0,O0o,00O gold
marks of the German reparations.
This is regarded as an important OBJ
stacle to the British plan, which the
french are disposed to accept in part
Both the Belgians and the French
are opposed to moratorium for Ger
many, but the French are inclined to
agree to reduction in the cash pay
ments, provided the difference is made
up by deliveries. of reparations in kind.
The British stick to their proposal to
reduce the payment due this year
from 2,00O,000,000. gold marks to
10000, 900 marks on condition that
materials be delivered to the value Of
1000, 100000 gold marks.
Premier BRAND, Lord Curzon, Brit
ish foreign secretary. and Foreign
Minister Della loretta Of Italy have
been ccnferr:ng regarding the treaty
signed at Angora between France and
the Turkish nationaHsts.
Cannes, Jan. 6.--Definite action
looking to the rehabilitation of Europe
from an economic standpoint was
taken at the first session of the Allied
supreme council here today when
unanimous approval was given for the
calling of an international financial
and economic conference in which
Germany and Russia are to have a
part.
Some time during the first two
weeks OF March has ben set for the
momentous gathering, and Genoa.
Italy, has been designated as the place.
An invitation to the United States
to participate has been extended
through the American ambassador to
Great Britain, George Harvey. here as
official observer for his government.
Russia participation in the Genoa
conference is conditional upon ac-
ceptance of a number Of conditions.
namely. that she cease Bolshevik
propaganda abroad. that she under
take not to attack her neighbors and
tina. she recognize all the honorable
obligations. entered into by preceding
Russian governments.
! Premier Lloyd George Of Great
Britain took the most prominent part
i in the deliberations, speaking for an
hour In his opinion, a place for de-
cisive action has been reached if the
economic structure of Europe was to
be saved. Describing the present
meeting Of the supreme council as the
| most important since the armistice, he
| declared that the public opinion OF
The world demanded that the Allies
take wider responsibilities to revive
! Europe. The prime minister sounded
| q warning that the Allies themselves
must solve the problem Of rehabi!i-
| tating European economy and he ap-
| pealed to them to forget their preju-
dices and Cooperate with this end in
view.
Conditions Specified.
First-That the nations can-
not claim tho right to dictate to
one another the principles ac-
coriing to which they shall Or
Sanize their interior system of
property right. government or
| pol tical economy.
! Second-That it is impossible
! TO induce foreign capital to come
! TO the aid OF a country unless
the foreigners who furnish the
funds arc certain their rights
will be respected and that the
I profits from their ventures be as
surcd.
! y
! not be considered and established
unless nations or governments OF
nations desiring to obtain foreign
/ credits undertake freely 10 recos-
/ MIC all public debts and otliga-
tions contracted by state and
restore conhEated property or
indemnify the v.cLams Of cOnas-
cations.
Fourth-That nations must
have q suitable medium Of ex-
change and monetary system and
must offer proper guarantees to
J trade.
! F:fth-T4,at all nations must
/, undertake to abstain from all
!, propaganda subvcrsivc Of public
/ order or of political systems es-
tablishetl in other countries.
Sixth-That all countries must
! undertake to abstain from all aS-
/ grcasions upon their heighbOFs.
mn a .VR1