River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1922-02-02

administrator is not satisfied with
the present policies Of some European
governments which are asking Its
help In the reconstruction Of Europe
end believes they should mend their
ways. Four cardinal principles which
1t holds they should adopt, according
to .iformation from Washington, are:
First, reduction Of their excessive
military establishrd ents: second. bal
ancing of national budgets. levying OF
adequate taxes, recognition OF flnaIi-
cial engagements; third, stopping the
practice of issuing enormous amounts
Of paper money; fourth, recognition
that the economic recovery of Europe
is related to economic rehabilitation OF
Germany, which involves just and
speedy settlement Of the PREPARATIONS
problem.
The premiers who agreed to invite
the soviet government of Russia to
take part in the conference at Genoa
may repent their action if Lenin and
his crowd carry out the plan an
nounced in Moscow. 1t is said they
will present enormous claims against
the allied governments and the United
States for damages sustained by Rus
STA through the repeated attempts to
overthrow the soviet regime and
against Finland because it is alleged
to have supported the revolt In
Kareia. These claims would far
more than offset the old Russian debts
owed to other nations, recognition of
which has been one of the chief de-
mands made on the soviet government.
ID RENTER POINCARE still insists
l that German reparations shall not
be discussed at all at Genoa, but he is
trying to come to an amicable ar
rangement with Lloyd George con-
corning an alliance. His plan is that
the duration of the alliance shall be
unlimited instead of ten years; that
1t be reciprocal; that the term Ger
man aggression" include attack on the
allies in the neutral or occupied zones
of the Rhineland; that there be i'm
mediate discussion If there Is menace
on Germany's eastern frontier, and
that there be permanent contact be-
tween the French and British general
stats. 1t was said Lloyd George prob
ably would accept all but the third
and fourth of these suggestions. The
fourth would amount to guarantee
for Poland. In asking that the dura-
ton of the alliance be unlimited,
France explains that Germany will
not be recovered sufficiently to attack
within ten years. Presumably she
also takes into consideration the fact
that the plebiscite in the Sarre valley
will not take place until 1884.
UNLESS Picking is unexpectedly
" stubborn, the Shantung question
should be settled very shortly, ena-
bling the arms conference to adjourn
sine die Through the efforts of Sec
rotary Hughes and Mr.. Balfour a
compromise plan was arranged last
week and cabled to Tokyo and Picking
for acceptance. Under this proposal
Japan gives up her demand that the
railway be paid for through loan by
japanese bankers, and in return China
agrees to the retention of Japanese
traffic manager and accountant during
the period of payment. The road is
to be purchased by China with treas
ury notes payable at option five to
fifteen years hence. Japan's accept
ance of this plan was believed GER
tain, and President Harding himself
appealed to Minister SEE to induce
Picking to approve of the agreement.
The committee on far eastern af-
fairs concluded Its consideration of
the Siberian question, and Japan is
left upon her honor to remove her
troops from that country as soon as
the re-establishment of political sta
bility makes it safe to do so. Through |
Baron Shidehara she gave virtual |
pledge to do this, and it was recorded |
in the minutes of the meeting. After |
fully explaining the present retention |
of Japanese troops in Siberia, the |
baron concluded:
Nothing is further from the |
thought of the japanese government
than to take advantage of the present |
helpless condition of Russia to prose
cute selfish designs.
"The military occupation of the Rus
sian province of Sakhalin is only a
temporary measure.
"In conclusion, the japanese delega-
ton is authorized to declare that 1t is
the fixed and settled policy of Japan
to respect the territorial integrity of
Russia, and to observe the principle
Of nonintervention in the internal az
fairs of that country"