Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-05-08
GENOA PARLE.Y's
FATE HINGES ON
RUSSIAN ENJOYS
Only Acceptance OF the
Powers Memorandum
Can Save the Conference,
Many Delegates Admit.


Genoa, May 7 (by the Associated
Press) Gloom prevails at Genoa,
Tor this week. say many of the
statesmen, may witness the smash
or the international conference on
which Europe has fixed its hopes.
Only Russia's acceptance of the
powers memorandum can save the
conference, reluctantly admitted
many of the delegates. Complete
acceptance is regarded as improb-
able, and, even if the soviet dele
gates surprised everybody by re-
turning an affirmative answer, Bel
GUM and France seemed deter
mined to have their rider. more
rigid in character than in clause
seven of the memorandum, added
to the property clause.
This course by Belgium and
France, If persisted In. would make
an agreement with Russia iucreas-
ingly difficult because tile soviet
delegates are expected to cling
tenaciously to their system of ma
tionalization.
The French delegation has Off
cially dlsclaimed any responsibility
for the present situation and NJ.
Barthou has voiced the hope that
Frances attitude in siding with
Belgium would not interfere with
Frances long friendship with Eng
land, whose prime minister has
decided to consent to further mod
ification of the memorandum, a.
ready sent to the Russians.
M. Barthou further announced
today that unless the Rus ianssre-
turned an unequivocal affirmative
the negotiations were ended SO far
as France was concerned and the
non-aggressive pact becomes I'M
possible unless the Russian ques-
ton Is settled.
In the meantime the Italian rep
resentatives are trying desperately
to patch up the differences between
the powers, realizing that the col
lapse of the conference would not
only postpone the reconstruction
of Russia, which is imperative for
Russia and the world. but would
defer to an uncertain future the
needed pacification of Europe it.
sell Will al lllS dtluoNio oNNii 49,
postponement implies.
The next few days therefore may
witness a favorable turn in the
conference, which already has pro-
duced so many crises that people
would not be surprised If tile lat
est also was overcome. The dis
union among the powers apparent
here today. while Immediately due
to the differences over the metho
of treating foreigners property
which the soviet sequestrated, is
largely the outcome Of the Russo
German treaty, which France fears
may mean new and dangerous
military combination, and the
scramble for concessions, chiefly
oil. in Russia, which has awaken
ed mutual suspicious on the part
of the powers.
Already the delegates are talking
openly OF the possibility of CON
GLIDING separate treaties with Rus
STA, which is alleged puts Russia
into favorable position such as
occupied in China in the past, since
by playing one power against an
other she can obtain more favofa'
BILE conditions than by negotiating
with them collectively.
In case the conference fails,
among other suggestions circulated
tonight is one that it should be
adjourned after appointing an in
ternational commission to study
the Russian question, with the I'M
derstapding that the proposed So
luton be submitted to another
conference within a fixed period Of
three or six months. 1t also would
be understood that the interna-
tional commission would plan for
an international loan to Russia
guaranteed by the governments
and floated in various countries.
The hope was expressed that the
United States would participate in
the loan.
Premier Lloyd George tonight
appeared rather pessimistic, in
contrast to his usual buoyaut
mood. Nevertheless he has Dot
lost hope and is holding fast to the
conviction that the conference can
be made a success.