RUSSIAN REPLY.

New Zealand Herald, Volume LIX, Issue 18087, 11 May 1922, Page 7

RUSSIAN REPLY.

POINTS ARGUED,

CONCILIATORY TONE.

NO DESIRE FOR RUPTURE.

BRIDGING- TWO SYSTEMS.

POLITICAL OBSTACLES. By Telegraph—Press Association—Copyright. (Received 11.45 P.Tn.l Renter. GENOA, May 9. The Russians havs communicated the general trend of their reply to the Allied memorandum, which will be presented on Wednesday. The. reply apparently is long and argumentative. The Russian delegates declare that- the Note is prepared in the spirit of conciliatier.. After disagreeing with some of tho memorandum proposals, the hope is expressed that the difficulty will not present, hV>lf in eliminating political features of the memorandum, inasmuch as the Russians gcnerallv have endeavoured to bridge the conflicting social and economic systems. Tho Russians emphasise their desire that tho negotiations shall not bo ruptured. They declare that the RussoBritish trade agreement, if not wholly satisfactory, has resulted in tho two countries becoming lesi? distant. They think that the Genoa Conference has proved a great help. Regarding Article 7of the memorandum, dealing with the restitution of private property, the Russians, in their reply, hold that the world must accustom itself to the fact of the existence of a European State whose life is based essentially on a system of State property.