The Washington herald., 1922-04-10
PUBLICITY URGED
BY LLOYD GEORGE
Barring Reparations from
Agenda May Make the
Conference Barren.

course OF the opening discussions
Representatives OF the allied ma
tions insisted that only routine de-
tails relating TO the opening ses-
sion were discussed, but IL was
believed that the policy 10 he pur-
sued toward Germany and Russia
was under consideration.
Italy. il was decided, will pre-
sent her reconstruction program
first, because she is acting as hos.
Lloyd George, for Publicity.
Lloyd George will follow with
his program. which Is expected to
provide the real basis Of discus
sion.
Tchitcherin. representing tho
Soviets, will he allowed TO present
his plan later. This procedure I.
apparently acceptable to the Rus
slams
A second session Of the supreme
council was held to discuss chiefly
the vexinG problem Of publicity
during the conference. Lloyd
George came to the fore as the
spokesman for utmost publicity
urging that each delegation ap-
point a press representative. Some
difference OF opinion was dis
closed on this point. however. and
the whole matter is stiH under con-
sideration.
Germans Are Hoping.
Pessimistic and skeptical. the
Germans have come 20 Genoa just
''hOping"-hOping that the psy.
chology of. conference. the FRS
since the war in which the van
quished meet on terms Of thcorett
cal equality with the vicIors. WI
result in some general spirit o.
moderation toward Germany.
But their hopes are faint am
doubtful
Spokesman for the German del
cation observe that the first an
nouncement Of the Genoa confercnr.
steadied conditions in Germany
Then Lloyd George and Poincare az
Boulogne reaffirmed the Cannes un-
derstandinE not to discuss the ques-
tion Of reparations at Genoa--th,
| one question that Germany reall,
wanted to discuss-and a sharp fs'
| in the mark resulted.
Following this. the new rerars-
tions terms adopted recently n
Paris caused a further demoralizinE
drop in exchange. and the Germans
came to Genoa with the mark at the
lowest point # has reached sine,
| the war.
Have Only One Hope.
With reparations barred from IN,
agenda. and with Lloyd George anc
Poincare having agreed that there
shall be no revision of eNistinE
treaties. the Germans frankly anC
somewhat despondently declare thai
they can see slight prospect ~
Genoa accomplishing anything to
help Germany.
So there remains the one hope
the feeling that the atmosphere ol
peace created at Genoa may result
subsequently in an attitude whict
will permit modification Of the al.
lied demands upon their late enemy
The failure to tackle reparatiQns
| at Genoa, or to suggest any revision
| of the Versailles treaty. will react
/ as unfavorably upon the rest of Eu-
rope, from an economic standpoint
as upon Germany herself. The Ger
mans point out that IL Lloyd GeorEs
really desires to revive Europesr
| business, he must bring Germany
back TO her full power as a pro.
| ducer. This cannot he done. they
| argue. until a more reasonable re-
psrations policy is adopted. anr
they indicate they will use this
argument during the conference
/ sessions.
Debt Revision Asked.
The Germans hope that any dis
cussions OF European economic
eventually will lead TO the main un-
derlying factor - reparations - that
this topic cannot help but creep int
the deliberations. This is indicatcJ
| in the general outlines for the guild
ance of the German delegation
drawn up by the financial committe,
OF the economic council in Berlin
Among the first items is a demand
for revision of international indebt-
edness-the Germans know this g.
one of the chief plsnks in the Brit
ish platform. and they do not see
how the subject can be approached
without involving reparations.
The Germans also will seek te
terminate the amassing of unprOduc.
/ tive gold in countries where ex-
change is high. This could be done
they argue. by the granting Of
credits TO countries with low eN-
change. both as national credits and
as long-term loans for private un-'
dertakings.
Absence Of z. =. Felt.
In addition to the exclusion ~.
repsrations, another German reasoI
for pessimism at Genoa is the ah.-
sence of the United States. Y ~
the Germans and Russians are can
did in their disappointment cvet
Americas refusal 20 atteuf the con-
ference. They point or thaJ Awer-
lea is not only the one ssantry
which is financially able We
/ ly to assist in European re- 5ilif
ton. but believe she is the oniy ne
which could exert a restraining in.
fuence of moderation upon tho -a,--
reactionary elements Of all ed
diplomacy.