Evening star., 1927-05-07
Delegates to International
ParIey Cheer Soviet Rep
resentative's Speech.
COOPERATION is HELD
KEY TO WORLD PEACE
Sokolnikoff Declares Results JUS
tify System Of Industry
Used by Moscow.
By the Associated Press.

by Gne Associated HTesSs
GENEVA, May 7.-Soviet Russia
today officially offered the olive branch
Of peaceful economic collaboration to
the capitalistic countries.
Addressing the International Eco
nomic Conference, Gregotre SokoIni'
koff said the Soviet Union would well
come industrial agreements with for
eign countries and capitalists, and
that there was no :eason why the
world could not have pacific compet1-
ton between the two economic sys'
TENS represented by the Soviet and
the other countries.
Scores of delegates left their
benches and grouped themselves
around the rostrum, better to near
the address. At it's conclusion M. So
kolnikoff was applauded.
Repudiates Red Charge.
The Soviet delegate repudiated as
ridiculous the accusation that the
Moscow government was imperialistlc-
ally red.
The Soviet placed nothing higher
than the general peace, and was con-
vinced that if cooperation was
achieved with the capitalistic nations
it would help maintain world peace.
He emphasized that the Soviets were
ready to give concessions to foreigners.
Arguing that the Soviet state mo-
nopoly of industry will benefit foreign
commerce by increasing Russia's pro-
ductive powers, M. Sokolnikoff de-
clared the constantly improving eco
nomic situation has entirely justified
the Soviet doctrine, and disproved the
prediction of some foreigners that the
Soviet government was certain to col
lapse unless it submitted itself to the
control of international capitalists.
The problems of farmers, including
American farmers, received the atten-
ton of the conference yesterday when
President Demichelis of the Interna-
tional Institute of Agriculture de-
cIared that in all countries farmers
were receiving less for their products
than before the war.
Warns of Calamity.
M. Demichelis warned the confer
ence that il the farmers ultimately
learn the trick OF producing as little
as possible at the highest price, 1t
would cause calamity compared
with which the present situation Is
an Eldorado."
The speaker made an appeal for
justice to farmers.
In the course of reference to the
question of interallied debts, w. T..
Layton, English economist, urged the
American delegation at the conference
to make clear the role that the United
States probably would play in world
commerce during the next decade.
Henry M. Robinson, head of the
American delegation, after delivering
an address, in which he outlined eco
nomic conditions in the United States,
departed from his text to refer to the
question of rubber. He took up a
statement by Sir Max Muspratt, Brit
ish delegate, that the British restric.
tions on the output of rubber did not
constitute discrimination in favor of
Great Britain.
Mr.. Robinson said that he won
dered whether the fact that more than
rs per cent of the rubber output was
consumed in a nonproducing country
(the United States), while the country
controlling the restrictions consumed
only per cent of the total supply,
might not be looked upon as dis.
elimination"