The Prince George's enquirer and southern Maryland advertiser. (Upper Marlborough, Md.) 1882-1925, 1922-05-12
TAFT To NAME
RUSS DEBT UMPIRE
Provision Relative to Arbitral
Board in Proposals Drafted
at Genoa Conference.
PLAN IN FULL APPROVED
1t VIII Be Formally Submitted to
Soviet DeIegation-BeIgium Stands
Out for Principle of Actual
Property Restitution.

Genoa.-Chief Justice Taft, of the
United States Supreme Court, will be
asked to name the chairman Of the
mixed arbitral commission to be estab-
lished for controlling the debts owed
by the Russian government to foreign
bondholders. Two other members Of
this commission will represent all the
bondholders and the Russian govern
ment, respectively.
The commission will have power to
remit Interest and decide all questions
affecting foreign bondholders and Rus
sia's ability to meet her obligations;
time limit will be fixed in which bond
holders may make their own arrange
ments with the Russian government If
desired.
Mixed arbitral tribunals, one for
every Interested nation, will be set up
to deal with the question Of the prop
erty of foreigners who have been M
tionalized; the chairman Of each will
be named by the chairman of the mixed
arbitral commission. In the plan adopt.
ed practically everything which saw
ored of capitulations or infringement
On Russia's sovereignty was waived.
The French suggestion that provi-
sional administration, pending Rus
sia's establishment of courts on the
basis desired by Western Europe, was
not approved.
Labor Day was a real labor day for
the Genoa conference. The sub-com-
mission on Russian affairs rushed Its
consideration Of the Russian recon
structions plans and came through
with approval of the draft Of the pro-
posals. These will be sent Immediately
to the Russian delegation.
Belgium alone held out on the &C.
ton relating to the treatment to be
given to the property Of foreigners
nationalized by the soviet government.
This is a vital point in the proposals
and has been stubbornly contested.
France finally subscribed to the project
proposed by Great Britain, whereby
the use Of the property will be restored
wherever possible and in other cases
compensation will be arranged through
mixed arbitral tribunals.
Belgium stood firmly for the princi-
pie of restitution and went on record
as protesting, declpring that the vested
interests of Belgians in property In
Russia amount to f1O0,O00,O0O, and
that Belgians will never again invest
in Russia unless restitution is made.
In the discussion relating TO the treat
ment of foreigners, the administration
of Justice and the general liberty OF
foreigners to travel and engage in en-
terprises in Russia, 1t was decided to
abandon those sections of the Londoh
experts report which referred to ce:-
tain measures whereby the Immediate
restoration Of Russia would be facili-
tated. Among the provisions in this
report thus given up was that requlr-
ing the consul of foreign country 70
ratify the decision in criminal case
affecting the citizen of the conSuis
country before such decision could be
carried out. The delegates agreed that
such a measure would be distinct
violation of Russias sovereignty.
Similarly it was agreed that the sus-
gestion to insist upon exceptional
treatment and protection for foreign
workmen in Russia and Russian work
men employed by foreign companies
would be unjust in its operation and
harmful to the liberty of the trades
union movement, not only in Russia,
but throughout the world.
Concerning the general question OF
treatment Of the foreigners a para
graph was inserted setting forth that,
inasmuch as proper restitution by Rus
sia depends upon the re-establishment
of freedom of movement and honest
and equitable administration of Justice,
the Russian government promises to
undertake the establishment Of these
conditions Immediately.
Prime Minister Lloyd George an
nounced to a committee of the Eco
nomic Conference that Russia was now
ready to give back 80 per cent of
seized prOperty "in kind"