New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-04-14
Counter Proposals Pro-
vide Credits Extension
and Contain Claim for
Damages Against Debts
Experts Program
Held Peril to Reds
Big Four Are Agreed to
Stand Together Against
Propositions of Moscow
By Arthur S. Draper
Special cable 70 rhs Tribune

Copyright. 1922. New York Tribune Inc. ,
GENOA, April 13.-Radical alter
ations Of the Allied experts plan for
the reconstruction Of Russia are de-
manded by the Bolshevik delegates
to the Genoa economic conference,
who to-day served notice on the sub
committee on finance that Moscow
would never accept the terms pro-
posed.
Premier Rakowsky, of Ukrainia,
speaking for the Russians, said For
eign Minister Tchitcherin tomorrow
would outline before the commission
Russia's specific objections to the
Allied proposals Meanwhile. Ra-
kowsky presented for the considera-
tion of the subcommittee a fivefold
alternative plan advanced by the
Russians, and asked that it be dis
cussed in conjunction with the Allied
program.
Both sets Of proposals are still
only tentative, as none of the
Entente governments has adopted
the set Of proposals drawn up by
Allied experts in London. But the
Allies in general find the London
program acceptable
Louis Barthou, chief OF the French
delegation, and Foreign Ministers Jas
par, of Belgium, and Schanzer, of Italy,
had tea to-day with Premier Lloyd
George, of Great Britain and discussed
g Joint policy on the Russian program.
| SS;sS sfacJory progress was made in the
! discussions. which lasted more than an
hour,
Russian Counter Program
The Russian counterprogram, as set
forth by Rakowsky, calls for: O.
Concentration of effort by this
conference on a reduction of Eu-
ropean military establishments as
prerequisite to reduction of ma
tional budgets.
Sterilization of exchange rates
artifcially by Great Britain and the
United States on one hand and all
other countries of the world on the
other.
Extension of credits by coun-
tries having large gold reserves to
those nations whose treasures are
depleted.
4.-Fixation by the commission Of
the purchasing power of the dollar
and the British pound as a CONNER
cial proposition.
5.-Launching of detailed scheme
for the reorganization of Russia's f.
I nancial system.
The chairman of the subcommittee.
Sir Robert Stevenson Horne, of Great
Britain, intervened as soon as Rakowsky
read his first proposal and announced
that it was out of order, because II
was not on the agenda of the con-
ference. Rakowsky retorted that, even
if out of order disarmament must
eventually be considered by the COM
mittee.
The leading Russian objections to
the Allied program, as set forth Tues
day, are that it challenges the whole
Soviet system. infringes on Russia's
internal affairs, and jeopardizes the
Soviet judicial system. Tchitcherin is
| expected to set forth these objections
in detail, explaining why the proposals
are unacceptable to Russia as they
stand and insisting that they cannot
/ be considered anything more than
basis Of compromise.
World Understanding Likely
The satisfactory nature of the con-
ference of Allied leaders this after
noon and the steady progress made by
the leaders of the conference in organ
| izing its work-Lloyd George and
Schanzer are conceded to be the life
1oP4 !, = --,e, ~ kLA
belief among many of the delegates
chat decided change has come over
Europe since the Versailles conference
and farreaching results may come Of
the negotiations here Many Of the
delegates came to Genoa highly skep-
tical that anything worth while could
be accomplished. and in five days have
become convinced that some very def.
mite steps toward a world understand
ing are possible.
The concrete facts of the situation
developing are these: The old Allied
Supreme Council is dying rapidly. and
in its place is TO come concert Of
nations, in which there are no victors
or vanquished. So strong is this con-
viction in some conference circles that
it is predicted that the objections
! raised by the United States to taking
part in the Genoa gathering will soon
be met to such an extent that tho
| Washington Administration will have
| to reconsider it's entire attitude toward
| European reconstruction.
Expect Poincare - Attend
In the open meetings of the DEL
egates the Russian discussion Is only
at the beginning of the bargaining
stage. Neither the Allied nor the
| Bolsheyik positions can be taken as
final, Under European methods thesa
must be a lot of haggling before tee
sales are actually made. All the pre-
| liminary details are of very little
actual Importance. AS long as all the
delegates to the conference remain as
Genoa the hope of successful results
remains good. That Poincare will find
a way to escape from Paris for few
days seems to be the view of circles
| which should know the plans of the
French Premier. II Is not secret
that the French delegation has bsen