The New York herald., 1922-01-07
GENERAL MEETING
AT GENOA in MARCH
Supreme Council Accepts Idea
and VictOrs and Vanquished
Will Confer.
GUARANTEES BY MOSCOW
Must Promise to Recognize
Debt, Cease Propaganda
and Stop Warning.


Copyright. 1923. by THE NEW YORK HERALD
CANNES, Jan. 6.-Europe is unques-
tionably on the threshold here Of a
new economic and political era. This
era is to be marked by the elimina-
tion of the line which since the war
has been dividing the victors and the
vanauished and kept them lighting
instead of acting together economi-
cally
The idea of a general European
economic peace conference, including
Germany and Russia If the latter ac-
ccpts certain conditions already pri-
vately agreed to by Soviet represents
tives in London. 1t is understood, was
accepted quickly at the very first
meeting Of the Allied Supreme Council
here to-day. 1t will be held at Genoa,
italy, in March. The United States
has been invited to participate.
1t took just one day for Mr.. Lloyd
George to put through his plan for
such a conference. The stipulation in
the resolution that the Premiers OF
all countries be invited to attend the
conference means that it will be a
conference such as Europe has not
seen since the Berlin Congress. but as
to it's ultimate scope there is already
a decided difference of opinion.
Louis Loucheur. French Minister OF
the Liberated Regions. insisted tonight
"a
financial and economic one and not
political and that the reparation ques-
tion would be barred. l
While this seems to be supported IN
a measure by the wording of the resoli-
ton. the impossibilty OF excluding the
payment of Germany's huge debt from
such a conference Is apparent to all
but France, and is conceded virtually
by the British. The main purpose OF
this conference. aside from the general
economic reconstruction of Europe. Is TO
bring Russia back into the family OF
nations.
In this connection THE NEW YORK
HERALD correspondent here was In
formed tonight that Downing Street
would bring the strongest kind OF
pressure to bear to have Nikolai Lenine,
Russian Bolshevist Premier. attend the
conference in person.
Russia is virtually promised official
recognition by all the Powers II she
will accept to-day's conditions. including
the following:
1. Recognits-v. oil all foreign debts
of the old Russian regime and of the
private property principle.
.. Cessation OF all outside propa-
ganda and acknowledgment OF the
principle that all countries have the
right to their own form OF govern
ment without outside interference.
3. Russia to agree that she will not
attack other nations. with rccipro-
cal pledge given by them.
These are practically the principles
which. when laid down by the British
Prime Minister. Mr.. Lloyd George. to-
day. produced such an effect on his
hearers as to virtually remove all doubt
that his economic peace restoration plan
is going through withou. serious modi-
hcation even by the French.
The French. as usual. ere saying that
no Russian guarantee Is worth any
thing and that Russia has not even full
filed her promises made In the British
trade agreement concerning propaganda
and trade conditions. But by cleverly
connecting Frances ability to collect
from Germany and the problem Of re-
storing the old markets OF central and
eastern Europe and by strcssing that
only I'm this way can Germany ever pay.
her exports now being only % per cent.
OF their pre-war value. Mr.. Lloyd George
has quite undermined the French posi-
tion here. II would appear.
Italy. and even Belgium. to-day gave
the warmest Endorsement OF Mr.. Lloyd
Georges idea that the restoration or
these markets was the key to the rep
aratlon problem and TO Europes general
problem.
There is no doubt that the British
Prime Minister has set his heart on
Europe's economic restoration and on
bringing Russia into economic. and even
political. union with the rest OF Europe
as he has set II on nothing since the
peace conference. His declaration that
this Is the most important allied meet
ing held since the war, Involving the
taking OF greater and graver decisions
in an endeavor to restore Europe's shat
tered affairs, indicates this
You may hold up your head so high
IN contemplating heaven that you can
not ser the earth" he said. referring to
the Allies attitu~c s.ace the war. and
he called upon the French to rcaflirm the
promise made at Hythe by NJ. Millerand
the French would take up relations with
the Soviets as soon as they recognized
the Russian debts.
Absolute isolation threatens the
French unless they concede 10 these
terms.
The backbone of the European plan
Is the consortium which has already
been agreed TO In principle and with re-
gard TO which the Governments must
pledge their official support at the COM
ing conference at Genoa.
The outstanding features in the dis
cussion which led TO to-day's momentous
decision paving the way for the return
to normalcy In Europe were:
First, the general acceptance Of the
Continued on Page Two.
"SAIry" Mat To-day. SOC 90 So 80 No