EUROPEAN TRUCE ADOPTED.

Star (Christchurch), Issue 16738, 20 May 1922, Page 9

EUROPEAN TRUCE ADOPTED.

ACCEPTED BY NATIONS. M. TCHITCHERIN CAUSES SENSATION. Bv Telegraph—Press Association— Copyright Australian and N.Z. Cable Association. (Received May 20, 8.50 a.m.) GENOA, May 19. At the plenary session the heads ot the delegations accepted the non-ag-gression truce, all rising and taking adherence to the rota, as Signor racta (Italy) called the rolls of the nations. Japan, Belgium, and France promised to ask. their Governments to acceptthe pact. Signor Facta, said that all Governments were considered as having accepted the pact, which was thus adopted. M. Tchitcherin created a sensation while Signor Facta was about to move the adoption of the economic report. M. Tchitcherin accused M. Colrat, tho Chairman of the Labour Sub-corn mission with barring the Russians from the commission, despite the fact that the Russians had the only Government in the world which was based on Jvabour organisation. M. Tchitcherin objected that the report did not contain. a single line of legislation for the protection of workmen, and, he said, the eight hour law had not been made obligatory on the world. He declared that the general impression of the report was that the delegates drawing it up lacked courage to do what was necessary to restore Europe. M. Colrat responded, and hotly denied that the Russians were excluded from the commission, which, he said, was a small body, and they had good reasons for not including the Russians. He did not think that M. Tchitcherin was qualified to give lesftona, considering the chaotic conditions of liis country. I>r Rathenau (Germany), discussing the economic report, admitted that important results had been obtained at Genoa, but, he said, it would be a mistake to believe that tho crisis from which the world was suffering had been solved. While trying to keep within the scope of the conference agenda. Dr Rathenau pointed out a few principles without which, he said world peace could not be restored. THE WORLD’E DILEMMA. “ Tho total debt of the different countries is too big for these countries,” said Dr Rathenau. “ The creditors are unable to discover how much they will receive, and the debtors how much they have to pay. There is no country except that great republic which owes no one, and to whom everybody owes money, which can balance its budget or is able to stabilise its exchanges.” The country which owed! money to other countries should be able to pay in goods, not in gold Otherwise it would be impossible to solve the problem of the re-establish-ment of trade. Above all, confidence would not be restored until true peace had been re-established. Until now, demobilisation had not even been pro ceeded with to anv great extent. Dr Rathenau was warmly applauded.