Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1922-03-18
ANOTHER CONFERENCE

q This month the eyes OF the world will be turned
to Genoa, not Washington The economic con-
ference to be held there will be much more compre-
hcnsive in membership than the conference over
Which Mr. Hughes presided and will have task OF
vastly greater difficulty
Technically Europe is not bankrupt but really
every government is put to the greatest strain to
avoid repudiating its Obligations 1t is only by
forced loans in the shape of irredeemable paper
money that most Of them pay their way; and
the longer they rely on that means and the more
uncontrolled their issues remain the worse their
condition becomes
y But commercial and industrial nations have rccu-
peratlve powers. Were the peoples of Europe liv-
ing under normal conditions, even the present stu
alton would not be desperate, but they are not For
them, as for an individual, the road to recovery lies
through production and trade; but the war demon
azed both production and trade and not only de-
stroyed the organization and paralyzed the forces
that once enabled them to be carried on but almost
paralyzed the nations themselves.
s HOW to ind remedy for that Unprecedented evil
IS the task before the Genoa conference There is,
OF coures no full remedy, none that can be quickly
electives but the combined powers OF the statesmen
Who will meet in March may perhaps be equal to
devlsing measures OF at least partial relief 1t was
a wise decision to include Russia and the ruined
Sentral Powers in the conference, Europe cannot
be prosperous so long as Russia is under the eco
nonomlc system that Lenine established and that
ne still maintains. Germany must not be per-
mtted to evade its obligations by falsely declaring
fhat 1t cannot meet them; but neither should it be
rendered incapable OF meeting them by burdens too
heavy Tor it. Both Russia and Germany will be in
the conference, but they will be there to learn and
to accept the terms which they can be restored
to industrial and trading health
The other countries have difficulties beth neernal
and international, some OF which are peculiar TO
themselves and some common to them ALL that ma q
De lessened by frank discussion and the measures
that may result from it.
The success of the conference will depend largely.
indeed almost absolutely. ON the spirit in which the
powers come together 1t was the spirit of coneil-
iation and mutual concession that enabled the
Washington conference TO do what il did but at
lenoa former enemies OF the leading powers are ia
SIT at the council table and even among the friendly
powers new ambitions and !. e a lousies. grown
out OF their diplomacy OF the past few years will be
obstacles TO agreement. Nevertheless the prospect
OF harmony and definite action though it cannot be
regarded as altogether promising, is not hopeless
The United States has received special invita-
non to take part i'll the conference Whatever
plans are made for the economic restoration OF
Europe will undoubtedly include some measures
that will require the cooperation OF this country
,auol Islloq uoVl oAcS leu, luIoJ III loddrlo pue
That cooperation will be reasonable if the measures
themselves are reasonable for although we have few
OF the evils that act Europe they react across the
water and that they be ended is almost as mpor-
tant to us as it is to the peoples Immediately con-
cerned.