Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1922-04-09
FORTY NATIONS
REPRESENTED
AT GENOA MEET
List Includes Russia; u. S.
Is Missing Sessions
!. Open Monday
(By The Associated Press)


GENOA. April :. - Representatives Of
more than 40 nations, including Russia
but minus the United States, were here
today prepared for the opening Monday
of the Genoa Economic Conference, re-
garded here as the most momentous
assembly since the Versailles peace de-
alterations.
All eyes are upon Russia, Tor II -
the first time This great nation has par
ticipated in world affairs since the over
throne Of kcneIsky's provisional govern
ment in the spring of 1917. After more
than four years Of experimental gov
ernment, Nicolai Lenine, Russian Pre-
mier, has abandoned much Of what ne
previously considered essential 70 Boil
shevism and has consented TO participate
in a conference called BY ~eaptalistIc
nations"
On the ground that the gathering wIii
be political rather than economic. the
United States has declined Italy's in
vitation TO send representatives. The
American people, Secretary Hughes said
in declining the invitation, are anxious
to assist Europe in recovery lis cconm-
ic life but feel that they cannot involve
themselves in European politics.
The decision to call the ,-noa con-
ference was reached hy the Allied Su-
preme Council meeting at Cannes early
in January. Rapidly diminishing EJrop-
can exchange, billions Of dollars in un-
paid debts, German rcparations, nee
essity of reconstructing devastated areas,
the Russian situation an hope that the
United States would lend itself as a stab
ilizing influence constituted the pres
sure behind this decision.
Germany. represented in passive
capacity in nearly All European confer
ences since Versailles, is expected 20
play a more active part at Genoa. Many
observers even 20 80 far az 10 predict
that Great Britain and Germany will
dominate the assembly by working hand
in hand for the salvation of their i'm
dustrial lives through the resurrection
OF their markets in the east and south.
Briefly. the conference will seek TO ac-
compish some means for the granting
or extension Of foreign credits to the
most enfeebled countries and will then
attempt to set up machinery for assur-
ing such foreign capital that the fruits
OF its investment will not he lost.
The resolution calling the conference
sets forth that the nations of Europe
cannot presume "a dictate "a one another
the principles undcr which they must
conduct their internal affairs but adds
that foreign capital cannot b. expected
to come in unless the nations recognize
all obligations and public debts prav,ous
ly contracted or 20 hc contracted in the
ruture. agree to indemnify an foreign in-
terests for the loss which has bern
caused through the confiscation of all
commercial or other contracts.
The resolution also suggests that the
nations ought TO have a convenient
means Of exchange, that all nations
should agree to abstain from propaganda
subverseive Of the political system "a
abstain from apression on their neigh
bors.
Regarding Russia. the resolution con
cludes:
IF the Russian government claims
official recognition in order w assure
development Of It's commerce. the Allied
powers can accord the same only upon
tions."
II was Russia and the question az her
participation in the Genoa meeting which
played an important part in Premier
Brands sudden decision 10 return 70
Paris and lay the Cannes dclibcra'ion
before the Chamber Of DEPUTIES in the
hope Of receiving a vote OF confidence.
After a lengthy and eloquent srccch. ~
suddenly announced hie RESIGNATION and
(Continued on PAGE Threc)