The New York herald., 1922-01-22
SENTIMENT INRAVOR
OF us, TAKINCPART
AT GENOA GROWING
Business Interests Demand
Participation to Gain Nor
NAL Conditions.
OFFICIAL STAND VAGUE
Small Powers> Want America
to Protect Their Interests
at Conference.
OFFICIAL STAND VAGUE
BY LOUIS sEIBoLD.

BY LOUIS sEIBOLD.
Special Dispatch to THE NEw YORK HERALD.
New. York Herald Bureau
Washington. ID. c., Jan. "a.
Speculation on the policy this Gov
ernment will adopt in dealing with the
Genoa economic conference is devel-
oping some extremely interesting diff
ferences Of opinion.
The chief and most significant
change is in American sentiment re-
fsarding European affairs. which seems
TO be that the United States should
render all the assistance It can in re-
storing normal business conditions
throughout Europe and the world.
Agencies of expression are begin
ming to unite and crystalize in favor
q this country being represented at
Genoa, on the theory that no political
commitments are to be feared as
consequence of the economic parley.
Business Favors Participation.
Business. interests generally-and
this does not mean international
banking groups" which urged the rati-
tlcation of the Versailles peace treaty
and League of Natios+6 covenant--are
Enthusiastically in favsr Of the partici-
patton Of the UnitM States in the
Genoa enterprise. Th,1j je clearly ap-
parent to the officials ~ the Govern
'ment, who have not provided any off,
cial statement of their views in the
matter. but who. for reasons that ap-
ear to be largely political, are be-
lieved to be opposed to accepting the
invitation of the italian Government
10 send representatives to Genoa.
Whether American officials actually
are opposed to participation in the
first concrete and definite move made
toward the restoration Of normal eco
awaiting reactions from the country
generally before enunciating q policy
regarding it. Is matter of conjecture.
But there does not seem to be much
doubt that sentiment in Congress, and
particularly in the Senate, is not ia
NOidDic W thC PdAtAtAPbtiOh Va thAS
Government in the Genoa conference.
Congress's Attitude Analysed.
Prejudices growing out of the
League of Nations project, failure of
its opponents to make proper allow
ance for the psychological features of
existing conditions, and finally an at
of 4. a.
gestions. largely contribute to the
Congressional state of mind.
To most of the opponents of the
League Of Nations the fact that bank
ers throughout the world are in favor
of American participation in the Genoa
conference is sufficient reason for de-
clining the italian invitation.
1t has been apparent recently, how
ever, that business men generally. in
Guiding producers OF raw materials.
manufacturers in wide range of in
dustries, exporters and importers ard
merchants representing almost every
line of commerce who were for
against or Indifferent to the League
Of Nations. are manifestjng the belief
that the time has come for the United
States to put domestic policies behind
and extend the fun measure of i.s in
fluence to the effort that will be made
at Genoa to provide a comprehensive
review of economic conditions prevail
Ing in every country in Europe.
No Justification FOR Fear.
TIE consensus of business men as
II is being revealed seems to be that
there is no Justification for apprehen-
sion that the United States can In any
way be involved in. the political dis
putes of other countries IL its repre-
gcntatives make IL entirely clear that
the policy of this Government Is hos
tile to alliances Of that character.
The question most frequently asked
by business men who want to see nor
NAL trade restored throughout the
world is, How Is the United States
going to help in the economic rehabili-
tation of the world II II refuses to par
ticpate in the survey of world condi-
tions and withholds suggestions that
may provide vitality needed correc-
tives?''
IL is generally understood that the
chief objections raised b5 the Ameri-
can officials who are p sed send
ing representatives to ie1oa 40 that
the European nations nust tfw their
budgets to fit the financial Goth at
hand; that France and Ilussin must
reduce their unnecessary arr es as
the first step toward econon read
justment; that Russia must ablish
4 stable government free from iemor-
alizng Soviet Influence that he fl
nanciai disputes batweer the allied
governments and Germany must DO
eliminated from the Genoa conference,