The New York herald., 1922-06-13
Continued from First Page.

arrangement which would pe an IMPOSE
tion, restitution must be the rule. COM
pensation the exception. The plan pro-
posed by the French memorandum is the
only one which both guarantees the in
terests of the proprietors and Russia,
and, If placed before them unanimously
by the Allies, the Soviets will accept IL"
The British Government is not ignor-
ant that such an agreement could not
be reached at Genoa on this point. not
only with the Russians. but also among
the other delegations. Notwithstanding
these differences. Italy has succeeded
in insuring in the treaty which she has
just concluded with the Soviets that
concessions granted her subjects can
them.
THE Soviets have thus renounced
their doctrines and internal legislation
in Italy's favor. 1t is therefore all the
more probable that they would recog-
nize the rights of the citizens OF all
other nations If they united to defend
them.
Takes a Rap at Genoa.
There should be no mistake about
the manner in which France under
stands the formation Of the plan for the
restoration of Russia. France. as much
as any other Power in Europe, desires
the restoration of Russia and her re-
appearance into the concert Of Europe.
That is why the French Government
deplored the hasty and incomplete work
at Genoa and the vague plans for re-
construction which offered no positive
program to the Russian delegates. OF
course, the attitude of Russia did not
permit the question to be studied with
her. but has it been studied seriously
without her? The study should be
taken up again. consulting, where nec-
cssary. the Russian experts, as the
French memorandum proposes. but,
above all, by proceeding with the con-
sent of the Soviet Government to in
vestigation on the spot.
1T is difficult to ascertain the exact
situation Of Russia merely by listening
10 the affrmations OF the Soviet dele
gates. The restoration of Russia is only
possible with the good will of the Rus
sian Government whatever 1t may be
Can it be pretended that the Russian
delegation at Genoa has done anything
to facilitate such an enterprise? II
would be a misunderstanding, a travesty
of the intentions of the French Govern.
ment, to pretend that it thought Of pro-
posing ready-inade plan for restora.
ton under the form of an ultimatum.
Should the Hague meeting take place
the French Government desires to keer
strictly to the study of practical mean:
for settling the questions of debts, prl.
vate property and credits. to the ex
clusion of all political discussions, bu
persists in recommending preliminary
examination without the Russians of the
proposals to be presented by common
accord.
VIII Not Cut War Claims.
Regarding the Russian debts the
French Government can only refer to it:
memorandum OF June /. 1t is impossible
TO accept at the present time any reduc
ton In the war claims on Russia. The
French Government is ready to gram
Russia facilities for payment made nee
essary by the economic and financia
| situation Of that country, but present
circumstances do not lend themselves tc
abandonment by the French Government
of any part of its claims.
Regarding pre-war loans, the French
Government absolutely insists that the
right of holders of pre-war Russian
bonds be recognized and respected anc
that effective guarantees be furnished BY
the Soviets.
Concerning private property Franc
| can only maintain the principles sc
forth in its memorandum OF June
referred to above.
LAS to credits it seems to the Frenc
Government, as to the British. that Rus
sia will only find them II 1t offers con
ditions which will satisfy lenders. TIL
French Government has indicated som
| of these conditions. Preliminary an
thorough study of this question woul'
not be without its uses by reason of tn
immense needs of Russia, It's ruinou
state, and also in view of the demand
formulated by the prospective lender
| toward other certain countries who's
prosperity and economic future could no
| be doubted.
"The British Government seems I
suggest that IL the three questions whic
| must be submitted to the Hague expert