Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-04-29
British Take Credit End of Plan


British Take Credit End of Plan
The special drafting committee will
report to the full subcommittee Satur-
day morning and the sub committee.
after approval is given the report, will
submit it to the soviet delegation. The
French document sketches at length
means for restoring Russia's agricul-
tural and industrial activities. while
that of Great Britain devotes more at
tention to credit for Russia.
France insists on the full payment
of Russia's war debts and the restora-
ton of private property to foreigners;
Great Britain favorS reduction in
Russlas s war debt and is willing to be
satisfied if Russia grants former for
elgn owners the use of their property,
instead of a return of actual owner
ship.
French Want Dec. 81 Interest Pledge
The adoption of the II articles in
the agreement with Russia. which reg
ulate the disposal of the Russian debt,
is favored by France. She demands
that the soviet conclude before Deem
ber 81 an agreement with represen-
atlves of owners of Russian state bonds
in order to provide for the payment of
interest
If an agreement is impossible. ac-
cording to the French contention. the
soviet must promise to accept the de-
cision of mixed arbitration commits
sion. the president of which will be
appointed by the chief justice of the
supreme court of the United States
or by the League of Nations. or by the
president of the court of international
justice.
French Draft Involves Loan
The French draft demands in case
private property cannot be restored
that Russia shall pay indemnites.
These indemnities would be provided
for by an issue of new Russian ) per
cent bonds. The mixed arbitration tri-
bunal of three memberS-one member
for Russia. one for an interested gov
ernment and the third. who would be
president, to be designated by the chief
Justice of the supreme court of the
United States-would decide the dis
puted points.
Mr.. Lloyd George characterized the
French project as elegant in form, but
defective in important features He
objected to Frances pictures of Rus !
sian disorganization. saying it would |
lispiease the Russian delegation. More |
,ver. he added, Frances draft spoke |
,vermuch of agriculture and commerce.
while it was superficial on the mo-
nentous question of credits
Every country, Mr.. LLOYD insisted. |
should say frankly what it was dis |
'osed to do for Russia. He urged the
ormation of a consortium with precise |
'ffers from each nation. specifically !
aging what it was ready to do, not |
in actual money. but in /
.eneral guarantees and regarding re-
of commerce with Russia.
NJ. BarthOu did not share the Brit
sh premier's viewpoint and described |
he British draft as ito religiously
noral'
Would Stake National In Russia
The understanding is that NJ. Bar
hou will proceed to Paris some time
saturday to discuss the general situa-
ion with Premier Poincare There
re unverified rumors that he will not
eturn to Genoa.
According to information from
french sources, the British draft pro-
osals suggest that Great Britain has
fund of $25,OO0OOO available for de-
elopment in Russia which could be
laced at the disposal of Englishmenl
1terested in that country. 1t also
sserts that Belgium and Japan possess +,
irge amounts of capital for economic |
evelopment in Russia, that other coun-
RES could send technical experts to
.ussia and that Italy could aid Russia !,
trough her cooperative agricultural