Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-04-29
PROPOSALS FOR
RECONSTRUCTION
Of RUSSIA HAVE
BEEN SUBMITTED
France and England Turn
Wo Historic Documents
Over to the Economic
Conference at Genoa,
WILL MAKE AN EFFORT
TO HARM0NIZE VIEWS
French Insist on Full Pay
nent of SIavS' War Debts,
While a Reduction Is Fa-
y0red By British,

Genoa, April % (by the Asso-
ciated Press Two historic doc
ments dealing with the reconstruc-
ton of Russia have been submit
ted by France and Great Britain
to the second economic conferences
and tonight are in the hands of =
special drafting committee ap-
pointed by the b-committee on
Russian affairs, which will en-
deavor to harmonize the differ
ences in them.
The special drafting committee
VIII report to the full sub-commit-
tee Saturday morning, and the
Subcommittee, after approval is
given the report, will submit If to
the soviet delegation.
France insists on the fun paw
ment of Russia's war debts and
the restoration of private property
to foreigners: Great Britain favors
reduction in Russias war debts
and is willing to be satisfied If
iiussia grants former foreign own
ers the use Of their property, in-
stead OF a return Of actual owner
ship.
Frances Demand.
The adoption of the twelve arti-
cieS in the agreement with Russia.
winch regulates the disposal of the
russian debt, is favored by France.
She demands that the soviet con-
clude before December 81. an
agreement with representatives of
owners Of Russian state bonds h
order TO provide for the payment
of interest.
IL an agreement is impossible,
according to the French conten-
ton, the soviet must promise to
accept the decision of mixed arr
bltration commission, the presl-
dent of which will be appointed bv
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 interna-
tional justice.
The French draft demands In
case private property cannot be re-
stored that Russia shall pay IN
IDENTITIES. These indemnftiey
would be provided for by an issue
OF new Russian five per cent
bonds The mixed arbitration tri-
punat OF three memhers-one
member for Russia. one for an in
terested government and the thirG.
VINO would be president, to be des-
lgnated by the chief Justice of the
supreme court of the United States
WHO would decide disputed
Duel Of Words.
Today's discussion of the two
drafts brought forth a duel Of
words between Premier Lloyd
George of Great Britain and Louis
Barthou. chief of the French del
esation. which the auditors do
scribed as both witty and satiricaI.
Signor Schanzer, Italy, as usual.
took a leading role in the discus
sion, urging conciliation between
the French and British attitudes.
Mr.. Lloyd George characterized
the French project as elegant in
form but defective in important
features, He objected to Frances
picture of Russian disorganization.
SAYING 1t would displease the Rus
sian delegation. Moreover he
added, Frances draft spoke over
much of agriculture and COM
merce, while it was superficial on
the momentous question of credits.
t'rees a Cons1rtium.
Every country, Mr.. Lloyd George
insisted, should say frankly what
1t was disposed to do for Russia.
He urged the formation of con-
sortium with precise offers from
each nation, specifically saying
what it was ready to do. not neces-
sarily In actual money but in gem
efal guarantees and regarding a
resumption of commerce with
Russia
NJ. Barthou desert ed the Brit
isf draft as TOO rellgiously moral. .
Barthou May Not Return.
The understanding tonight was
that VI. Barthou would proceed 10
Paris some time tomorrow to dis
cuss the general situation with
Premier Poincare There were un-
verified rumors this evening that
he would not return to Genoa.
According to information from
Continued on Page Two.