Evening star., 1922-04-12
British Proposal to Reduce
Armies Looming Up at Genoa

the report of the London experts on
Russia should be circulated.
This was done. and M. Chitcherin
proposed adjournment until THURSDAY
to give time for examination or !ne
report. which was carried. NJ. Bar
thou proposed. and NJ. Chitcherin sec
onded a motion to postpone TO Ihurs-
day also other. points on the agenda.
Report OF Allied Experts.
The report of the allied experts
meeting in London relative to the
program for the restoration of Rus
sia and the restoration OF Europe. a
copy Of which the Associated Press
has obtained. embodies comprehen-
sive scheme whereby 1t is hoped TO
bring back Europe, including Rus
sia, to healthful prosperity.
was handed to n. Chitcherin. head OF
the Russian delegation, who asked
until Thursday to study the pre-
amble. 1t declares that the restora-
tion Of Russia depends in great part
upon assistance which Russia will be
able to obtain from foreign enterprise
and capital. but insists that. without
profound Transformation Of the actual
conditions in Russia. which affect
, commerce and industry. foreigners
will refuse either to resume old en-
terprises or begin new ones.
SAould Accept Obligation.
Under chapter l, headed 'Liquida-
tion Of the Past" article l declares
that the soviet government should
accept the financial obligations Of its
predecessors. namely, the imperial
Russian government and the pro-
visional government. This includes
obligations to foreign powers and
their nationals.
ffrla To- s&.>
by the soviet Of the financial engage
| ments Of all Russian authorities. pro-
vincial or local. and also all public
utility enterprises contracted with
other powers or their peoples.
Article declares that the soviet
should assume responsibility for all
material damage suffered by foreign
ers In consequence Of the acts OF
| negligence of the soviet or it's prede.
cessors.
Article 4 says that the responsi bill.
ties mentioned in the preceding
sion on the Russian debt and by
mixed arbitration tribunals to be
| created.
Article S declares that all debts
| responsibilities and obligations be-
tween foreign governments and the
| Russian government since August !
| 1914, shall be considered as entirely
effaced by the payment OF sums to
be hxed in a future accord
Contains Three Annexes.
The report presents three sannexes
and explains that concerning guaran.
| tees on which Russia's debt will bt
treated two different solutions were
brought forward by the powers repre-.
sented at the London conference. and
| that no agreement was reached. These
solutions are printed in parable
columns when differences occur.
Annex one explains the duties OF the
commission on the Russian debt
These include the fixing OF a consti-
tuition and the procedure OF the mixed
| tribunals, also the delivery of new
Russian obligations or bonds by
| virtue Of the decisions of the mixed
T tribunals.
The succeeding annexes establish a
system for determining Russiu's debt
and the proper steps for preserving
the rights Of the holders OF Russian
bonds, or other obligations legally
entered into by Russia.
Large Powers to Commiasion.
Very large powers are accorded to
the debt commission, which will be
composed OF members to be named by
the Russian government and others
appointed by the other powers. with
an Independent president, who will be
chosen from the powers or designated
by the league OF nations.
After celebrating the technical de-
tails relative to the future handling
Of the Russian debt, the-feport de-
clares That the soviet government,