The New York herald., 1922-02-27

4
Copyright, 1879. oy The New York HERALD
! New York Herald Bureau.
Paris. Feb. IS.
! Because of the decisions taken by
Premier Lloyd George and Premier
Poincare at Boulogne yesterday full
American participation in the Genoa
conference is now regarded as most
unlikely. The principal reason for this
Is the decision agreed to by Mr.. Lloyd
George that the League Of Nations
should execute the decisions made al
the Genoa conference--an agreement
which is regarded here as effectively
setting at rest the idea that Europe
was about to adopt the suggestion for
new league.
| Yesterdays conference has unques-
| tionably established the League OF
Nations in the eyes of Europe, both
because it is to execute the Genoa
decisions and because both Premiers
reached a definite understanding that
to it should be left the exclusive juris-
diction over the European disarma-
ment problem.
All OF this spells victory for league
supporters in their effort to make UP
for the setback which the league got
i'm Washington. Yesterdays confer
ence in this respect seems to have
marked another shift on the part OF
the British Prime Minister, who until
recently had shared the Washington
view Of the League Of Nations, but
who yesterday supported the French
idea OF it's resurrection as potential
force in European politics.
1t is generally considered however
that had President Harding accepted
the invitation to the Genoa conference
promptly Mr.. Lloyd George would have
remained lulsewarm regarding the
league. considering 1t embarrassing to
the United States.
Conference Way Cleared.
Apparently he has now, like the
French. dismissed the idea Of Americas
full participation at the Genoa confer
ence. Whatever may be the outcome at
Genoa. the private talk of the two
Premiers must be taken as having
smoothed away all obstacles to the
conference itself and to the participa-
! ton of the Little Entente" which Is
understood to have taken the stand
that unless the treaties, the league and
the reparations questions all remained
untouched they would not enter the con-
versations. knowing that thereby they
would have the support OF France.
1t must not be forgotten. however.
that while France Is now prepared 10
work whole heartedly for the confer
| ence. being satisfied II Is to be economic
and not political. there Is still a great
disagreement here regarding the con-
! sortium scheme evolved at the recent
meetings of allied experts in London.
This is chiefly due 10 the fact that II
| has been disclosed that in their conver-
sations with the promoters Of this allied
| consortium idea French and Belgian
| financiers and business men objected TO
the British idea that the governments
should subscribe to national subsidiary
| organizations, while Germany has
Joined with England in advocating II.
even going so far a. to promise that the
Reichstag would guarantee the capital
| involved as far as Germany was con-
cerned. The consortium idea. therefore,
hangs somewhat in the balance. with the
French giving 1t little support.
Paris Indorses Conference.
PARIS. FEB. 26 tAssociated Press) -
Paris newspapers are practically unani-
nous in heartily indorsing the results
OF the conference at Bouiogne. Here
arc extracts from their comments:
The Figaro: "It was good day for
the Franco British entente, which was
strengthened BY meeting OF the Pre-
I miers."
Pertinax. in the Echo dc Pa,is: The
meeting Of the Premiers gives us COM
plete satisfaction concerning the Genoa
conference"
The Action Fromcdise (Royalist) :