NON-AGGRESSION PACT.

Manawatu Standard, Volume XLIII, Issue 402, 20 May 1922, Page 5

NON-AGGRESSION PACT.

SIGNING OF THE TRUCE.

ACCEPTED BY DELEGATIONS

By Electric- Telegraph.—Copyright. Received May 20, 8.50 a.m. GENOA, May 19. At the plenary session of the conference heads of the delegations accepted the nonnggrcssioji truce, all rising and taking adherence thereto as Signor Facta called the rolls of the nations. Japan, Belgium and France promised to ask their Governments to accept the pact. Signor Facta said that all the Governments are considered as having accepted the pact, which has thus been adopted A, and N.X. cable.

THE ECONOMIC REPORT.

TCHITCHERIN CREATES SENSATION. Received May 20, 8.50 a.m. . GENOA, May 19.. M, Tchitcherin created a sensation. While Signor Facta was about to. juoyo the adoption of the economic report M. Tchitchenn accused M. Colrat, chairman of the Labour sub-commission, with barring the Russians from the commission despite the fact that; the Russians bad the only Government in the world based on a labour organisation. M. Tchitcherin objected thai the report did not contain a. single line of legislation for the- protection of workmen and the eight-hour law bad not been made obligatory on the world, lie declared that the general impression of Ihe report was that the delegates in drawing it up lucked the courage to do what was necessary to restore Europe. .M. Colrat responded and •hotly denied that the Russians were excluded fromjhe commission, which was a small body. "\\ <? had." he said, "good reasons not to include Ihe Russians." lie did not think thai M. Tchitcherin was quulified to give lessons, considering the chaotic conditions of his country.—A. and N.Z. cable. OBJECTION TO COMMUNISM. WASHINGTON, May 19. President Harding, addressing the United State.-, Chambers of Commerce, declared that there can be no reconstruction of Russia until the Communistic idea had been abolished, lie expressed the belief that if America had had a merchant Heel in )»■<•- portion to its importance, there would not have been any world war.

Mr C E. Hughes, addressing the same body, expressed similar convictions regarding Russia.—A. and N.Z. cable.

IF GERMANY DEFAULTS,

LONDON. May 18

"Air Austen Chamberlain, replying to a question in the House of Commons, stated that France had not. sent any further assurance that she was willing to confer on the Note. It was expected that if the Reparations Commission reports thai the Germans have defaulted on May 31, the Allies must confer and decide what action is to he taken—A. and N.Z. cable. PROBLEMS TO BE FACED. WORLD'S ENORMOUS DEBTS. Received Mav 20, 9.20 a.m. GENOA, May 10. llerr Rathenaii, in discussing the economic report, admitted thai important results had been obtained at Genoa, but-said ii would be a mistake to believe the crisis from which the world was suffering had been solved. While trying to keep within the scope of the conference agenda, llerr Rathenaii' pointed out a few principles, without which, he said, world peace could not be restored, lie said the total debt, of the different countries was too big for these countries. The creditors were unable to discover how much they would receive, and

ihe deblors how much they would have lo pav. There was no country except that cf lire great republic, which owed no one and to whom everybody owed money, which could balance a budget or was able to stabilise the exchanges. The country which owed money to the others should be able to pay in goods, not in gold, otherwise the problem of the re-estabiish-ment of trado would be impossible. Above nil, confidence would not be restored until true peace was re-established. Until now demobilisation had not even been proceeded with to any great extent. llerr Rathenaii was warmly applauded. —A. and N.Z. cable.