The New York herald., 1922-04-24
WORLDS FATE IN GENOA,
SAYS SIR GEORGE PAISH
Continued from First Page.

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friendship and cooperation OF nations
and the more securely will interna-
.ional peace be maintained.
Unfortunately the handicap to the
conference arising from the states
mems general lack of knowledge and
possibilities is enhanced by the alb
sence of certain of them possessing
great responsibility whose policy is
based on inaccurate and incomplete
knowledge and who have yet to realize
that the course they are pursuing
will have consequences exactly con-
trary to what they desire.
Absence OF Poincare.
The French Prime Minister Is not
only absent from the conference but
has stipulated that neither the amount
of the reparations payable by Ger
many OF the Entente nations nor the
limitation of land armaments shall
be considered. Consequently it will
neither be possible for the conference
to instruct Poincare as to the ac-
Qualities Of the situation nor to de-
wise measures whereby France and
the other Entente nations can receive
without further delay all that Ger.
many can possibly pay.
II one bears in mind that the delay
in repairing the physical damage of
the war In France and other countries
is largely responsible for thenreduced
buying power of Europe and for the
inability Of other nations to sell prod
ucts the difficulty at present Of de-
vising any plan for the effective re-
construction of Europe will be obvi-
Gus. Moreover If one also remembers
that there are more men still under
arms in Europe to-day than there
were in 1918. Notwithstanding Eu-
ropes great loss in man power and
the urgent need to reduce unproduc-
tive and increase productive expendi-
ture one further realizes that the
difficulties In the way of any effective
plan for reconstruction are extraor-
dinarily great.
Nevertheless these difficulties are
not insuperable. These two excluded
subjects are of the highest Importance
and every matter discussed. whether
it be credit or exchanges or restora-
ton of gold reserves or foreign trade
or budget deficiency or note imitation
or what not, hinges in greater or
lesser degree upon the two questions.
Consequently while they are not dis
cussed directly. indirectly they are
canvassed in all their bearings.
Moreover. the very fact Of an en-
barge upon their consideration by the
conference committees causes them to
be discussed privately, and it is OBJ
vious that already most of the states
men and experts have formed very
definite views concerning them.
Whether Poincare will yet visit the
conference and whether or not France
will allow the two questions to be dis
cussed directly by the conference in
stead Of indirectly remains to be seen.
In the interest both of France ana
all other nations this is essential. but
even il it does not take place 1t is OBJ
vious that the educational work OF the
conference will greatly facilitate the
removal of these formidable barriers
to the restoration Of Europe by con-
vincing France that the nations are
desirous or doing everything that Is
physically possible to assist her to re-
cover.
Nor are these all the initial difficult
ties hampering the impending work OF
the conference and the endeavor to
save and reconstruct Europe. The abb
sence of representatives of the Ameri-
can Government from the conference
is a serious drawback. Clearly the
breakdown OF production in Europe.
the limitation of its consumption, the
imitation of its credit, the collapse OF
exchanges and all other matters, in
cluding the starvation of tens Of mill
ions of people in Russia, cannot be eff
fectively dealt with il the representa-
tives of the nation which can do far