Evening star., 1922-05-12
BY the Associated Press.

By the Associated Press.
GENOA, May 1.-THE general con-
clusion of the Russian reply reads:
"The Russian government sent its
representatives to the conference at
Genoa in the hope of achieving an
agreement with the other states
which, without affecting the social
and political regime established In
consequence Of revolution and inter-
vention VIGOROUSLY repulsed, would
bring about not aggravation, but
amelioration. of the economic and
financial situation in Russia and at
the same time open the way to ameli-
Grafton of the economic situation OF
Europe.
Disposed to Concede.
"But this plan presupposed that the
foreign powers who organized armed
Intervention in Russia would cease
using toward Russia the language Of
the victor to the vanQuished, Russia
not having been vanQuished.
The only language which could have
led to g. common agreement was that
which states adopt toward each other
when contracting upon basis of
equality.
"Russia remains disposed. in order
to assure the success OF the agree
ment, to consent to serious conces-
sions toward the foreign powers. but
these concessions shall correspond
equivalent concessions in favor Of the
Russian people by the other contract
Ing parties. The popular masses in
Russia could not accept an agreement
In which the concessions granted
should not have their counterpart In
real advantages.
Suggests Mixed CommIssIon.
"A different outcome. and one sug-
gested by the difficulties of the sit
uation, would be reciprocal annul-
ment of the claims and counter
claims flowing out of the past be-
tween Russia and the other powers.
But even in this case. the Russian
government has decided to respect
the interests. Of the small bond
holders.
"Tf fhe powers desire to occupy
themselves with the solution of the
financial issues between themselves
and Russia, inasmuch as this Ques-
ton demands deeper study of the
nature and extent of the claims pre-
sented to Russia and a more exact
appreciation of the credits that could
be placed at her disposal. this task
might be conided to mixed COM
mission of experts appointed by the
conference and whose work should
termined by common consent.
Way Open to RapprOchenent.
1.-THE Russian delegation observes
that the great obstacle which hither-
to has impeded the work of the con-
ference is the fact that the ideas Of
reciprocity expressed above are not
yet sufficiently shared by all the
powers. but the Russian delegation
must not fail also to emphasize the
fact that the pourparlers which have
taken place have opened the way to
a rapprochement between soviet Rus
sia and foreign powers.
The Russian delegation expresses
the opinion that the differences aris-
ing in the solution of the financial is
sues between Russia and the foreign
powers ought not to constitute an OBJ
stacle to the solution Of the problems 9
which can and ought to be solved here
problems interesting all countries,
especially problems involved in the
economic reconstruction of Europe
and Russia and the consolidation Of
peace.
In C0nciliatory Mood.
Russia came to the conference with
a conciliatory purpose, and hopes
still that her efforts in this direction
will be crowned with success
One passage Of the preamble says:
Instead Of credit being accorded to
the Russian government, the allies
enumerate credits which the various
those of their citizens who may wish
to trade with Russia. But this ques-
ton. Interesting as it may be for the
individual merchant of other coun-
tries. has nothing to do with the
question raised by the Russian dele