Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-03-08
j. s. ALONE Can
SAVE PARLEY At
GENOA, SAYS A
GERMAN CHIEF
Dr. Rathenau Warp -,
utieS Against UII$%$, o.
timism in Exp/ RE
lief From Cp 5 - /Je,
AMERICAS I '2;$ICE
WOULD : I'D BLOW
nPeopIe Whv decided the
War and Made Peace"
Garry Responsibilities for
Defeated Nations.
Bx The Assncintcd Press,

Berlin, March Z (by the Associat-
ed Press .)-"The United States,
which decided the war and shaped
the peace of Versailles, alone can
save the Genoa conference from
becoming a futile attempt at solv-
ling the problems of European re-
construction"
This opinion was expressed today
| by DIR. Walter Rathenau, the min
lister of foreign affairs, before the
| Ireichstags budget committee. He
was discussing reparations ana
Germanys foreign problems.
DR.. Rathenau warned the depu-
ties against undue optimism in eX-
pecting relief from the delibera-
ltions at Genoa. He told them the
absence of the United States from
the conference table would severely
restrict the usefulness of the gath
ering, which at best would be but
Ianother halting place on the road to
world peace and economic recon
struction.
The foreign ministrys reference
to American relief in Europe occu-
pied conspicuous part of his
speech, which constituted the first
positive utterance, since taking
over the foreign ministry, dealinS
specifically with the problem OF
Americas relations to European
economics as viewed in official Ger
man quarters.
In the course of his reference to
the Genoa meeting, DR.. Rathenau
told the budget committee that ma
terial relief from reparations bur-
dens would be hardly Forthcoming
in a gathering of forty various ma
Itions, most Of which were directly
or indirectly interested in the Vei-
sailles treaty. He declared that the
supreme council and the repara
tions commission would continue TO
be the court of last appeal on all
Ireparations issues.
DR.. Rathenau, addressing the
main committee If the reichstag,
Expressed the hope that the nations,
Including the United States, would
reach an understanding among
themselves under which Germany
with the assistance of other states
would be able to realize a large
loan to satisfy her creditors. He
said the government agreed tha'
an effort must be made at all costs
to show former enemies that Ger
many was prepared to discharge
her reparations liabilities to the
limits of her capacity.
Referring to the Genoa confer
ence, the foreign minister said:
"Genoa will furnish an oppor-
tunity for diagnosing the genera
causes of the worlds ailments and
for inducing the nations to collab-
crate in discovering ways and
means to heal the maladies from
which the entire European conti-
nent is suffering. Genoa will be
the first link in chain of .confer-
ences which will take place this
year and next"
The foreign minister expressed
the belief that the terms of the
Versailles treaty effectually preiu
diced Germany's prospects for OBJ
tanning credits abroad.
Discussing Americas part in
economic reconstruction, DR.. Rath-
enau said:
1T will depend largely on the
attitude of the United States
whether the Genoa conference will
constitute q milestone along the
road leading to world peace
Through its entry in the war the
United States decided the outcome: /
in Versailles it determined the !
peace, and now by throwing its
political and economic assets into
the balance 1t is in position to
accomplish the saivaging of the
disordered world thus decisively
influencing the direction of politi
cal and economic peace"
DR.. Rathenau expressed the
hope that in America the people
would be awake and strong in their
determination that Europe shall
not fall; that the sources, the old
est and strongest of civilization
shall not be shattered"
"That people who decided the
war and made the peace" said DR.
Rathenau, "carry responsibility
for those nations whose fate was
settled. There is a disinclination
in America to mix in the changing
affairs of Europe. but there are, /
on the other hand, powerful ma
terial interests at work"