davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-04-24
SAY SIBERIA, NOT
u. s., WILL FEED EUROPE
Russian at Genoa Refers Es-
pecialiy 20 Wheat.

GENOA, April 23 ASSOCIATED Prcss) -
Industrial Europe In the future muse
find It's food products, especially wheat,
in Siberia. and not in America, declares
a statement issued tonight by the Rus
sian delegation, which attempts to prove
how much Russia is essential to Europe.
1t says Europe depends on American
and Russian wheat, but America Is con-
stantly using more and more of the
products OF its SOIL
The statement points out there ara
vast areas In European and Asiatic Rus
sia which are not vet cultivated TO their
capacity. and declares the world needs
Russian soil n II would solve the food
problem. which Is ever growing more
grave. Emphasis is laid on the lack OF
a proper transport system I'm Russia, and
the statement therefore recommends q
great electric system which would cross
the continent from the Atlantic 20 the
Pacific, beginning at London and reach.
ing Niadivostok by way of Calais. Bcr-
lin, Ninslx. Nizhni Novgorod, the Ural
Mountains. Omsk and Trkutsk. The
statement points out how such n lin'
would open great regions. rich in oil
coal and other minerals.
The New York herald., 1922-04-24
LLOYD GEORGE WARNS
FRANCE ABOUT GENOA
Farley Breakup and War
Would Crush Her, He Says.

GENOA. April "a (Monday). - Tele-
graphing to the London Times, Henry
lWickham Steed says the allied note to
the Germans was adopted unanimously,
after the insertion by M. Barthou, the
French representative. Of the ante
penultimate clause reserving the right
of the Allies to declare null and voiI
any clauses in the Russo German treaty
recognized as contrary to existing
treaties. and the final sentence that the
incident might now be regarded as
closed
After recounting Mr.. Lloyd Georges
utterances OF Saturday, TO the effect tho;
he was getting tired Of crises and that
IL they continued he would be forced to
explain who was responsible for them,
Mr.. Steed said:
Mr.. Lloyd George declared that IL
France broke up the conference snc
would bring on a European war in which
England would take no part that
France would end by being crushed
lie was determined TO show where the
blame lay. IL was pointed out by him
that this was a catastrophe policy ana
that II France, England Italy and the
Little Entente held together they were
strong enough to detach Germany from
Russia and ultimately deal with the
Russian question on its merits"
The New York herald., 1922-04-24
JAPAN LEARNED TO PUT
BOLSHEVIKI ON RECORD
Tells Genoa Committee of Ex-
perience in China.

GENOA. April 23 (Associated Press) -
Japan through yiscount Ishii to-day
added her voice to the discussion of the
in reply to che report OF the London ex-
pcrts. The F'renchmen and others called
attention to the fact that this memo
randum was In exact contradiction to
the note addressed to the Allies. in
which the Soviet delegates accepted the
allied terms for future discussion OF
Russia's problems.
viscount Ishii said Japan had had
plenty OF experience with Soviet meth
DDS during the negotiations between
Japan and representatives OF the Chita
Government in Dairen. A majority OF
this Chita Government, he declared.
was OF distinct Soviet coforfng. and
Japan learned during the pourparlers at
Dairen, which she recently was COM
PEELED to break off altogether. that care
must be taken in getting the Bolsheviki
to say exactly what they mean. because
they are apt TO return tomorrow claim
ing the contrary.
To-day's discussion took place before
the main subcommission on Russian af-
fairs, with the Russian representative
and. OF course. the German delegate
absent. The French representative do
clared that if the Russian memorandum
which included such violent condemna-
tions OF institutions Of the West was in
tended as propaganda, II was an mex
cusable act on the part OF tho Soviet
delegation because they had agreed to
carry out no propaganda while particl-
pating in the Genoa conference.
letter from the Russian delegation
stated that il modified its position and
that che formal reply to the allied terms
should be regarded M taking the place
Of the document under delIberation.
In view OF the explanation, which
was interpreted as a disavowal OF OBJ
jectionablc propaganda. the commission
decided to authorize q renewal OF the
meeting OF the experts on Russian af-
fairs.
The New York herald., 1922-04-24
FRENCH SEE VICTORY
FOR LIBERTY OF ACTION
BeIieUe Hold on Little En-
fenfe' Strengthened.

Special Co0le to THE New York HERALD.
Copyright, Iose, bv THE New York HERALD.
New York Herald Bureau.
Paris, April 23.
With Genoa's latest obstacle swept
away by Mr.. Lloyd Georges consent
the allied reply to the Germans reserv-
Ing the right to consider void any agree
mcnts conflicting with the existing
treaties the, French have lost some Of
the fear they were again being made
the victims OF a deep laid plot in which
Premier Lloyd George would present
them 10 the world as European trouble
makers.
THE New YORK HERALD correspondent
was Informed to-day the Government is
satisfied with the turn events have taken.
as II strengthens the French contention
that each Government is entitled to lib
erty OF action after the Reparations
Commissions legal experts have decided
Just how far the Russo-German trefNy
conflicts with the Treaty Of Versailles
and other treaties.
The French are also expressing satis-
faction that In addition to the Little
Entente" yspan now appears on the
horizon as an eventually important
ally, especially should the Russo-Ger-
man economic settlements be shown to
have a tendency toward initiating mill
tary accords
With Japan supporting the French
thesis II is seen that the French hold
on the Little Entente" will be strength
ened. For some time there has been a
fear that DR.. Edouard Benes. as the
Lloyd George OF central Europe. was
about to yield to Slavic interest In the
conclusion of private arrangements with
Russia. but II II could be assured that
France with Japanese support would be
able to ward off the danger OF isolation
in her handling Of the reparations and
disarmament questions 1t Is believed the
Little Entente" would remain C, ntent-
edly under the dictation OF Paris and
Brussels.
For the time being interest is center
ing on Premier Poincares speech to his
Constituents Monday. wherein he is ex-
pectod to define how far France will go
in meeting Mr. Lloyd Georges desire for
the general reconstruction OF Europe and
to Indicate whether there is any basis
for the jingo writer's predictions that a
rupture II imminent.
The New York herald., 1922-04-24
FRENCH HOPE TREATY
STORM HAS PASSED
See Chance NoID for Con-
structiUe Work.

GENOA. April 23 (Associated Press).--
A representative of the French delega-
tion said late tonight: IF. as the AL
lies hope. the Germans really permit
the separate treaty incident to remain
closed. there is a good chance for con-
structive economic conference dur
ing the Forthcoming week"
AS proof of this he pointed to the
bulletin board, on which were posted
notices Of meetings of six subcommis-
sions for tomorrow. including tnose on
finance. transport and economies. and
also the experts meeting on Russian
affairs.
1--WE hope the political storm has
blown over" continued the French
spokesman. "and we can get down to
something constructive. France Is WILL
ing and we believe that is the spirit
underlying the conference"
The New York herald., 1922-04-24
PARIS HAS NEW SCHEME
TO SWINDLE AMERICANS
Sells Plaster St0fueffes for
CorTord Marble.

Special Gable to THE New York HmsLp.
Copyright, 1899, bv THn NEW York HraALp.
New York Herald Bureau.l
Paris, April 23.
A new scheme to swindle Americans by
selling so-oailed Carrara marbles in the
form OF an alabaster composition has
been discovered by tho Paris police, and
has resulted in the arrest Of several
statue merchants in tho Latin quarter.
Following complaints from New York,
the police investigated numerous anti
quarry shops and discovered the Ameri-
can penchant for Partisan marbles is
greater than for gowns or Jewels. there
being hardly a voyager who does not
take back n few statuettes. Although
Farision Carraras are sold for as high
as 1000 francs each. experts have de-
cided that they are not worth more than
so, the composition being easily worked
by amateurs after few weeks of train
ing.
The New York herald., 1922-04-24
FINANCIAL REF 0B
is URGED AT GENOA
Commission Tel States
How to Approac Gold
Standard Basis.
TAXATION DISCUSSED
Reduction of Government
Expenditures Urged as
Necessity.
WOULD CONSERVE CAPITA
Balancing Of Budget and Fix
ing of Gold Unit of Value
Suggested.
WOULD CONSERVE CAPITA

GENOA, April 23 (Associated Press).
The Financial Commission to-day
considered what action, if any, could
be taken to prevent the flight OF capi-
tai to avoid taxation and came to the
conclusion that "any proposals to in
terfere with the freedom Of the mar
ket for exchange or to violate the
secrecy OF bankers relations with their
customers are to be condemned"
The commission also expressed the
opinion that the question Of measures
for international cooperation to pre-
vent tax evasion might be successfully
studied in connection with the prob
lem of double taxation now under con-
sideration by the League OF Nations.
Recommending resolutions on cur
rency and exchange for adoption by the
conference. the Financial Commission
says:
$50 long as there is a deficiency in
the annual budget OF State met by
the creation OF fiduciary money or bank
credits no currency reform is possible
and no approach to the establishment
Of a gold standard can be made. The
most important reform must therefore
be the balancing OF the annual expendi-
ture OF State without the creation OF
fresh credits not represented by new
assets.
The balancing .of a budget requires
adequate taxation. but IL Government
expenditure is so high as to drive taxa
ton beyond what can be paid out of the
income of a country, taxation itself may
still lead to imitation. Reduction of
Government expenditure is the true
remedy.
THE balancing Of budget will go
far to remedy an adverse balance of
external payment by reducing internal
consumption. 1t is recognized that in
the case of some countries the adverse
balance is such as to render attainment
of the equilibrium OF the budget difficult
without assistance, which may be un-
attainable.
THE next step should be to determine
and Ak the gold value Of the monetary
unit. This step can only be taken by
each country when economic circum-
stances permit. The country will then
decide the question as to whether to
adopt the old gold parity or a new
parity approximating to the exchange
OF the monetary unit at the time.''
The report OF the committee OF ex-
perts on currency does not favor a gen.
eral return to prewar gold parity. 1t be-
lieves that the decision should be left in
each case to the country concerned. but.
considering the large debts incurred since
the armistice by many countries, 1t sug-
gests that each decide boldly to set an
example or securing immediate stability
on terms of gold by fixing the new gold
parity at or near the figures at which
stability has been attained"
The report also points out that the
foreign obligations by one country must
be balanced by the capacityH OF other
countries to absorb the surplus produce
tion, with which alone these obligations
can be met"
The New York herald., 1922-04-24
RAILROAD PROMOTER
ENDS LIFE IN OCEAN
G. L. DoUis Told of LoUe for
Woman in Note.

SAN FRANCISCO, April 23.---suicide re-
placed murder theories In the death Sat-
urday OF George l.. DAVIS, president Of
the proposed Idaho Central Railroad.
with the discovery to-day Of note say
ing the loss OF his wife and his love for
another woman was more than he could
bear Mrs. Davis died December IL,
1919, in Grand Rapids, Mich.
The note was found with Daviss hat
and coat near Mussel Rock. where his
body was recovered from the ocean.
Davis once was national figure in
railroad making and financial circles.
When his body was found there was only
twenty-seven cents In his pockets.
The New York herald., 1922-04-24
EXPERTS QUIZ RUSSIA
ON FOREIGN GUARANTEES
Reserve Reply as to Property
Seized by Reds.

GENOA, April 23 tAssociated Press) -
When the interrupted meetings of the
experts on Russian problems were re-
sun1ed to-day. the Russians were asked
how they expected to guarantee pay
ments OF compensation due to foreign
owners of property which had been con-
fiscated by the Bolshevik Administra-
tion. Apparently their answer on this
point was reserved by them.
They were also asked how they ex-
pected TO induce foreigners TO put more
money into Russian Industrial undertake
ings IL they did not indemnify for
eigners for property already seized or
destroyed. To ths II is understood they
answered that they did not expect
money from foreign individuals, but
from foreign states, TO start up their
Industries.
The New York herald., 1922-04-24
RECIPROCAL CANCELLING
OF WORLD DEBTS URGED
Amsterdam Infernafionole
Has Other Reforms.

ROME, April 20 tAssociated Ircss) -
The Congress of the Amsterdam Inter-
rationale to-day adopted resolution
urging European reconstruction by the
reciprocal cancellation of national debts,
cessation or the present economic policy
along national lines and the substitu-
tion OF one for international needs. the
abolition OF all national monopolies on
raw material and creation OF q tariff
policy which will permit buying nations
10 buy and selling nations to sell. \
The New York herald., 1922-04-24
Vatican Denies Treaty
with Soviet Russia

IN ONE, April 23 (Associated
TX Press) The Vatican de-
nies the existence Of any
treaty between it and Soviet Rus
sia. 1t was learned at the Vatican
to-day that there has been no re-
establishment OF diplomatic rela-
tons with Russia. The Holy See
is preparing to send an expedition
OF Jesuits and others to Russia on
work purely in connection with the
succoring of the famine stricken
regions. The expedition. 1t is stated
will have no missionary or other
religious aims.
The New York herald., 1922-04-24

more on the constructive side than any
other to overcome the mischief refuses
even to participate in the discussion.
But here again the difficulty is not
insuperable.
The conference. in the first place, has
merely to convince America that 1t is
working on the right lines, and the in
dividual nations, in the second place,
will have only to display that spirit of
reasonableness and that measure OF
balance and sane thought which the
American Government and the Amer
lean people are waiting for in order to
secure their friendly and powerful CO.
operation.
America has merely refused to CO.
operate because Europe was not willing
to discuss and consider the trouble in
all it's phases and was not prepared to
apply the remedies which American
opinion demanded. AS soon as Europe
is ready to take whatever measures the
situation demands in order to extricate
herself from the danger that threat
ems her. American participation in the
work of European reconstruction will,
am convinced. no longer be refused.
Her wide sympathies for the suffer-
ing, not self-inflicted, and her desire
to market her products will cause
America to render all assistance in her
power as soon as she is convinced that
her help will be of real service and will
not encourage and assist Europe along
the road which leads to destruction.
Team Work Essential.
That the conference has met in spite
of the limitations upon its discussions
imposed by France and the abstention
of the United States is all to the good I;
that it has held together during the
last week notwithstanding the friction
between France, Russia and Germany,
and particularly in the face OF the
Russo German agreement, is still bet
ter. But it's work cannot be accom-
plished in this way. Only il every
nation in the world and Germany,
Russia and the United States does real
team work and each brings all the
good will, all the friendship and all the
effort of which 1t is capable to the
task will it be possible to preserve
mankind from the disaster which
threatens it SO oninously.
Above ALL it Is essential that the
British people should now bestir them
selves and work for peace and recon-
struction as they did In the work for
war. Then they assembled the great
est navy ever brought together as well
as any army of vast proportions, and
at the same time placed at the dis
posal of the Entente the full measure
of their financial strength. They kept
nothing back.
The task before them of helping to
repair the mischief of the war is an
onerous one. especially after the effort
made in the war, but it must be accom-
plished for the good of humanity and
for their own good. Let the British
Government and the British people not
only discuss the question of restoration
of Europe. Let them at once begin
the work as far as their resources will
allow. Deeds are more eloquent than
words.
The New York herald., 1922-04-24
Legion's Coercion Policy
Sponsored by Emery

Special Dispatch to THE NEW York HnALD.
New York Herald Bureau.
Washington. ID. c., April 23.
TN HE policy of coercion adopted
by the American Legion to
compel Congress to sanction
the bonus raid was advocated by
National Commander Emery at the
third annual convention of the
legion, held In Kansas City in No
vember last. In addressing the
delegates to the convention Com
mander Emery said:
In connection with our atti-
I tude toward Congress and others
in legislative matters your COM
mander has felt that we should
act as fearlessly toward them as
did our brothers who lie in F1an-
ders Field when they dealt with
our enemies.
Senators Borah, Williams, Glass
and other members OF the upper
Eouse. where the bonus is pending.
have had occasion to rebuke Amer
ican Legion members for acting
"fearlessly" in promoting the bonus
raid.
The New York herald., 1922-04-24
GERMANS AND FINNS
SIGN TRADE COMPACT
Urgent Economic Problems to
Be Considered.

BERLIN. April ga German Finpish
agreement was signed here yesterday
regulating urgent economic questions be-
tween the two countries. according 70
semi-ofiioial announcement.
The agreement pledges both parties to
early negotiations for an economic CON
vention IN broader basis.
The New York herald., 1922-04-24
MILLION GENOA STAMPS.

ROME. April 23.--of interest to philat-
ellsts Is a suggestion which has been
made TO the italian Government that II
print a million postage stamps TO COM
memorate the Genoa economic confer
encc. The stamps would be sold at /
Ira each. .tThe present value OF the
Ira Is about 5id cents.l
The New York herald., 1922-04-24

beneficiaries of farm loan operations,
but they will not be if bonus bill is
passed.
Officials of the Farm Loan Board
anticipate grave dangers to the agri-
cultural interests in the pending bonus
legislation. Treasury borrowings on a
heavy scale which would be necessary
to satisfy a bonus would bring higher
interest rates and absorb investment
funds which now go into farm loan
securities. To meet the increasing de-
mands the Farm Loan Board would
be compelled to go into an unfavor-
able money market.
The opposition OF officials of the
Farm Loan Board is as strong as that
of the Federal Reserve Board. Both
bodies are non-political in character,
They view only the economic effects
of the bonus project. Both agencies
are In agreement that a bonus would
be ruinous to the country from an
economic and financial standpoint.
Farm loan officials point out that the
farmer is the first of all producing
groups to be affected by the adverse
influences which would prevail If the
bonus were put over without provid-
ing the means for paying it.
Government loans to farmers have
in fact assumed such proportions that
they are nearly equal to those of the
War or Navy Departments or dis
bursements to provide for the MANNED
and disabled veterans. The Govern
ment's responsibility in helping to
finance the farmer has become greater
fISor yNnn 80 ot< 1A ~
banks in agricultural districts.
Overloaded with Paper.
Many of these banks are overloaded
with farm paper and find it difficult
to extend new accommodations with
out infractions Of banking rules. Some
of these banks are carrying very
large amounts of frozen" loans on
renewal basis for much longer peri
DDS than would ordinarily be consid-
cred sound banking practice. To i'm
pose a bonus on the country now say
officials of the Farm Loan Board
would be to increase the burdens on
the already protesting farmer.
Another feature, financial angle
Of the bonus situation, is brought to
light by conditions prevailing in the
Federal Reserve system. Federal Re-
serve banks OF New York, Boston,
Philadelphia and Chicago have di-
verted large percentage of their
surplus funds to Western and South
ern districts to relieve credit strin-
gencies in agricultural regions. This
flow of cash is being loaned on land
mortgages to aid farmers over the
readjustment period. The additional
credit is badly needed, particularly in
the grain and live stock belts.
A Government bonus to soldiers
which would necessitate heavy bor-
rowing by the Treasury would auto
matically shift these surplus funds
back into the Eastern Federal Reserve
banks to supply the demands Of the
investors purchasing Government cer-
tificates. Treasury officials say such
shifting of funds would react dis
astrously on the agricultural interests
of the country.
Officials OF the Farm Loan Board
are in position to place before the
members OF the Senate favoring the
bonus complete information on this
phase Of the situation. If the present
plan of the bonus Senators Is carried
out. however. they will not have an
opportunity to do SO.
The New York herald., 1922-04-24
nnNp ANYrHrNGa

FOUND ANYrHING7
n 50. see II II In advertised In the Lost and
Found columns OF to-dsys New York. Herald
-Adv.
The New York herald., 1922-04-24
French SIT with Russians.

He declared that III the British public
began 10 feel that cooperation with the
Allies was tending to perpetuation OF
fcuds in Europe. the English point OF
view would immediately change. He
felt in duty bound TO make II plain that
the British Empire was set on peace
and determined to surmount all OBJ
stacles.
M. Barthou expressed his approval OF
Mr.. Lloyd Georges words and gave as
~lrances that the French delegation Yves
animated by the same motives as the
British
The note apparently was acceptable
20 all ten Powers which assisted In its
preparation. The ten Powers also con-
sldcred the French refusal 10 sit with
the Russian experts until, an explanation
was offered Of the Russian reply to the
London experts report on Russian re-
construction which seemingly was in
conflict with NJ. Tchitcherin's note stat.
ing to the conference what the Russians
would be willing TO accept as n basis for
further negotiations
A letter from the Russians was read
explaining that their old position had
been superseded by M. Tchltcherin's note.
and NJ. Barfhou agreed TO permit the
French experts TO sit With the Russian
experts this afternoon.
The New York herald., 1922-04-24
Federal Loan to Farmers.

Under the latest sale Of $4,000, 900
farm loan bonds the farmers of the
country are now getting about $780,
100000 a month in loans. Nearly all
Of this is going into the agricultural
sections of the West and middle West.
Up to date the Government has loaned
the farmers $32s,456,701 in twenty-five
different States. Several of the most
important agricultural States, whose
spokesmen in Congress are supporting
the bonus raid, have been the chief
The New York herald., 1922-04-24

PARIS. April 20. - The reservation
clause in the allied note to the German
delegation, which would annul any
clauses in the Russo-G German treaty
that might be contrary to existing
treaties, was added, according to the
Temps correspondent. at M. Barthou's
suggestion.