The New York herald., 1922-07-20
LITYINOFF TO SEEK
RED CONCESSIONS
Will Ask Moscow to Admit
Pre-War Debts and Waive
Credits Claims.
CONFERENCE ENDS TO-DAY
Soviet Will Submit Reply in
About q Week to Various
Governments.

Special Cable to THE NEW York HERALD.
Copyright, 1899, BY THE New York HraALp
THE HAGUE. July 19.--Maxim Litvinofl
before a plenary session Of the represea-
tatives of thirty European nations to.
day agreed to ask the Moscow Govern.
ment to waive claims for credits. ac-
knowledge all pre-war debts and recog-
nize the principle Of compensation for
all foreign property nationalized by the
Bolsheviki. AS a. result Of Litvinoff's
proposal. which was accepted by the non
Russians. the conference will terminate
tomorrow. Each non-Russian Govern
ment will act individually upon Moscow's
reply.
Litvinoff said he had come to The
Hague to discuss three things. namely,
the recognition Of debts, compensation
and credits. The Russians, he said
F, already had acknowledged their debts
and were prepared to give compensation
II the terms OF payment could be left
to a tribunal, though compensation could
not bo profitably discussed until Soviet
Russia knew how and when it would
be placed in a position to carry out its
obligations.
Credits to the Soviet Government hav-
| Ing been refused, Litvinoff said that the
to make new and precise" proposals,
las the instructions received from Mos
COW were based upon the assumption
that credits would be granted, and there
fore the delegation must ask Moscow
what 1t was prepared to do under the
new conditions and whether or not 1t
was prepared to continue the negotia-
tions. He said II was too great a re-
sponsibility for him to assume.
Admits Debts and Compensation.
Litvinoff suggested that his proposal
be submitted to the individual Govern
ments of the non-Russians, and this
will be done. 1t was impossible. he said,
to determine the exact form in which
compensation would be made in view of
the present state of affairs in Russia.
Specifically. he agreed to ask Moscow IT,,
assuming there were to be no credits, it
would:
First.-Acknowledge debts OF the
Soviet and preceding administrations.
Second.--Compensate foreigners ef-
fectively, provided that the terms of
payment and compensation, whether as
concessions or otherwise. be fixed within
two years between Moscow and the
proprietors concerned.
/ Sir Philip Lloyd -Greame said that
Litvinoff's speech was "of the greatest
Importance" adding that he understood
that compensation would be given by the
Soviet Government irrespective of all
questions of credits.
Litvinoff said that the British. dele
gate had interpreted the proposal cor
rectly,. whereupon Sir Philip declared
that the proposal is based upon rec
ognition Of the fact that the investment
Of new capital in Russia depends upon
the extent and the. promptitude with
which Russia discharges her proposed
| obligations"
Pelissier Cattier. for Belgium. agreed
| to the proposal, and Litvinof promised
that an answer might be expected from
Moscow within week.
In this afternoons meeting OF the
main nom Russian commission, President
Patyn called upon Baron Avezzara to
propose a resolution to the effect that,
'The nom Russian commission notes
with satisfaction M. Litvinofrs offer to
submit proposals to Moscow. The terms
thereof do not In themselves constitute
a basis for agreement, but X accepted
by Moscow and loyalty carried out. II
will contribute toward the restoration
| of confidence necessary for European
collaboration for the restoration OF Rus
| sia, and can help to create favorable
atmosphere for any further negotiations
which may be considered necessary by
| the various Governments"
| The resolution was adopted unan-
| inously. There will be a formal winding
up of the conference tomorrow, and all
| the delegates expect to leave Friday.
| Surprise Is expressed over the conference
ending thus. as it was generally expected
| II would last till Litvinoffs proposal
was answered by Moscow.
Moscow's reply, therefore. will be COM
municated to each Government repre-