Arizona republican., 1922-04-29
FRENCH AND
BRITISH NOT
in ACCORD ON
DEBTS
French Insist On Full Pay
ment OF Russian War
Debts; Britain Willing
To Grant Concessions
[RepubIIean A. p. leased Wine

GENOA, April 28-Two historic
documents dealing with the recon
structicn of Russia have been sub
mjtted by France and Great Britain
to the economic conference and to-
night are in the hands of a special
drafting committee appointed by the
sub committee on Russian affairs,
which will endeavor to harmonize the
differences in them
The special drafting committee win
report to the full sub committees Sat
urday morning and the sub b-commit-
tee, after approval is given the re-
port, will submit it to the Soviet dele
cation.
France insists on the full payment
of Russia's war debts and the restora :,
tion of private property to foreign
ers; Great Britain favors reduction
in Russia's war debt and is willing
to be satisfied If Russia grants former
foreign owners the use of their
property. instead of a return of
actual ownership.
The adoption of the 10 articles in
the agreement with Russia, which
regulate the disposal of the Russian
debt, is favored by France. She de-
mands that the Soviet conclude before
December 21, an agreement with rep
resentatives of owners OF Russian
state bonds in order to provide for the
payment of interest.
If an agreement is impossible ac
cording to the French contention the
Soviet must promise to accept the de-
cision Of mixed arbitration commits
sion the president of which will be
appointed by the chief justice of the
supreme court of the United States
nt. I, hr los. rnf NOT hU na
president of the court Of interna
tional justice.
The F'rehch draft demands in case
private property cannot be restored
that Russia shall pay indemnities.
These indemnities would be provided
for by an issue of new Russian five
per cent bonds. The mixed arbitra-
ton tribunal of three members-one
member for Russia, one for an inter-
ested government and the third, who
would be president. to be designated
by the cl.ief justice of the supreme
court of the United States-would
decide disputed points.
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 delegation, which
and satirical. Signor Schanzer, Italy,
as usual, took a leading role in the
discussion, urging conciliation be-
tween the French and British atti-
tudes. Mr. Lloyd George character
lied the French project as elegant in
form, but defective in important feat
ures. He objected to Frances picture
of Russian diSorganization, saying IT
would displease the Russian delega-
tion. Moreover. he added, Frances
| draft spoke over much of agriculture
and commerce. while it was super
| ficial on the momentuous question of
credits.
Every country. Mr.. Lloyd George
| insisted, should say frankly what 1t
was disposed to do for Russia. He
urged the formation OF a conSortium
with precise offers from each nation,
| specifically saying what it was ready
| to do not necessarily in actual money
but IN general guarantees and re-
| garding a resumption of commerce
with Russia.
M. Barthou described the British
draft as 'too religiously moral"
The understanding tonight was that
1 NJ. Barthou would proceed to Paris
some time tomorrow to discuss the
general situation with Premier Poin-
care. There were unverified rumors
this evening that he would not return
! to Genoa.
According to information from
| French sources, the British draft
proposals suggest that Great Britain
has fund of SIS 1000, 600 available for
development in Russia, which could
be placed at the disposali OF English
| men interested in that country. Ii
! oil al 13a al rifav1o a r4d la
| possess large amounts of capital for
economic development in Russia. that
other countries could send technical
experts to Russia and that Italy could
aid Russia through her cooperative
/ Agricultural organizations.