The Birmingham age-herald., 1922-04-22
GREAT STRIDE Is MADE BY ECONOMIC FARLEY AT GENOA
RuSSo-German Treaty Elimi- hated From Controversy and Russia Accepts
 Allied Conditions
By Associated Pres.

Genoa. April 21-The economic conference today made a great stride forward. The elimination of the Rus so-German treaty from the contro- versy and soviet Russia's aoceptancs of tho allied conditions concerning foreign debts and confiscated prop erty of foreigners. produced n very definite hope that the greatest con gress European statesmen ever held will accomplish something real and tangible for the reconstruction Of Europe. including Russia
 The demands of the powers, which have been accepted include the waiv- Ing by Russia of her counter-claims, based on military intervention, recog- hilton of war debts to the govern ments, with the understanding that they will be considerably scaled down; recognition of debts and finan- clal obligations due to foreign nation tls and the right of foreigners to have confiscated property returned to them or to be given proper compen- sation for it
 The conciliatorv nature of the answer of the soviet government con- tributed to the optimism that the bolsheviki earnestly seek an arrange mont with the powers by which soviet Russia will be permitted to enter Into the comity of nations. The clear and brief demands of the allies, which afford a concrete basis for dis ,cussion, arc compared here by the ob- servers to the concrete proposals for naval limitation which was introduo- ed at the outset of the Washington q .f-N. Al. InT1 gates to the Washington gathering an opportunity to concentrate dis cussion on something tangible and constructive.
 All Eyes Turned to U. s.
 The insistence of the soviet on for- sign financial aid, as a necessary con- ditlon to Russia's salvation. served to turn all eyes toward tho United States for 1t seemed to be recognized that effective succor for Russia Is impossible without the participation of American capital. This conyio- ton is so profound that the allied representatives are limiting they would like to see Richard Washburn Child, tho American ambassador to Italy attend the discussions.
 The sentiment regarding American financial support was summed up to- day by former President Motta Of Switzerland, who said that without assistance from the United States it would be very difficult for Europe to win out. We do not believe that America will forget the ties bind ing her to Europe" he declared.
 Simultaneously with today's de- velopments here, prominence was given press dispatches from the Unit ed States asserting that public opin- ion there did not expect any assis- tance would be given Europe until Europe put her house in order and really go to work. settled the prob blem of German reparations, and re- duced her armies.
 SIgnor Faeta, chairman of the con- ference. tonight officially voiced hope for the success of the conference which the soviet reply of today is considered to justify. A committee of seven experts. representing Great Britain, France. Italy. Belgium. Ja- pan. Holland and Csecho- Slovakia. will meet the soviet experts tomor- row to inaugurate a practical discus sion of the entire situation. Ruman- Ia was assigned a place on the board of experts. but withdrew in favor of Czecho- Slovakia.