Evening star., 1922-02-05
BY OLIVER OWEN KUHN.

i "" can any Ol Tue ucClSIOHS
~ to be effected at the coming
Genoa parley be far econo-
mic reaching without the as
sistance of the United States?
This is the predominant question
in diplomatic circles, in the foreign
various European governments now
looking to the coming sessions in
Italy with mixed feelings Of fear and
optimism.
Probably no conference held since
the deliberations over the treaty of
Versailles. has created such wide
spread interest or has aroused such
hopes as the Genoa parley.
Europe faces economic destruction
unless there is co-ordinated endeavor
to right financial and economic ills
prevailing the continent over. These
cannot be righted by the activities of
one nation or a small group. This
was realized when all the powers of
Europe were asked to send delegates
to Genoa. True it Is Italy, Great Brit
ain and France will take the lead in
offering methods by which Europe
may be revived and continental veal
reflected throughout the world. but
it nevertheless is fact that any
plan proposed also must coincide with
the viewpoint Of delegates from Ger
many or Russia else the parley may
break down.
x * x X
There undoubtedly will be a maze
of claims and counter claims at the
very inception of the conference.
Theory after theory will be advanced.
either to be made the keynote of ac-
tion or discarded as impracticable.
Plan after plan will be laid upon the
council tables. but in the. advance
preparation of these there is grow
ing tendency to predicate one and all
upon eventual American assistance in
the general scheme of rehabilitating
all nations.
The facts must be faced, Lloyd
George, Poincare and others may en-
ter the Genoa parley with prear-
ranged schemes Of reconstruction. All
may be good In theory. But when the
allied governments and others repre-
sented at Genoa look about them for
the wherewitha1 to conduct the neces-
sary gigantic reconstruction process
es. where can they turn for the
wherewithal to see realization ex-
cept in the United States. which alone
stands as a creditor nation. The COM
bined available resources of Europe
can make but slight headway in the
task which. of course, embraces the
revival of Germany and Russia. Not
one Of these nations. in itself. barring
possibly Great Britain, can set its
own house in order. Both Germany
and Russia stand as great maws
which Will devour tremendous sums
before the economic and industrial
life are revived to point of pro
duction warranting optimism as to
future returns from international
trade. And only in International trade
can any nation recover.
I: * X x
1t Is learned from reliable sources
that when noses are counted at
Genoa, when the needs of all coun-
tries are laid upon the table for ex-
animation, the Lloyd Georgian plan
of reaching adjustment of all and
settling upon fixed methods of re-
viving industrial Europe will be
hazarded in case still other roads are
not pursued.
The high road to realization of any
European scheme of rehabilitation
leads toward America. The British
government. more than any other in
fects of the war. and is in position to
assist the United States, but, after
all, 1t is recognized that loans must
be hoated in the United States IL
telling progress toward desired ends
Is achieved. European nations realize
that before another dollar goes to
Europe. in the way of loans from the
United States there must be some
show of co-ordinated endeavor in es-
tablishing Europe's good faith and
the burying of grudges that might
cause the United States to believe
that future dollars merely might fol-
low other bad ones.
1t is natural. then, that Lloyd
George should frame a compact and
elaborate scheme of European CO.
operation. 1t is learned that ore Of