Hague Conference.

Hokitika Guardian, 14 July 1922, Page 3

Hague Conference.

VUSTKALIAN AND N.Z. CABLE ASSOCIATION. ALLTED-RUSSO CONFERENCE ENDS. HAGUE, July 12. The session ended with a speech by Sir L. Graeme, who addressing the Russians, stated—We are all prepared to leave the facts speak for themselves. You have been invited to state what compensation you are prepared to give and you declined to accept any obligation or make compensations. You declined to give us the form of anv ior. - pensation -which you could make, even if you would give compensation. Tf we do not discuss the line of compensation and restoration all the basis of this conference falls to the ground, and it is useless to engage in further discussion.' American View. (Received this day at 11.30 a.m.) NEW YORK, July 12. The New York “World” s«.vs the collapse at the Hague is final proof that the Soviet cannot obtain' world financial help until it agrees to restore foreign property that they confiscated. The attitude of United States Government has thus practically sustained today’s result, which means that Europe needs Russian grain less than financiers iieed guarantees that. Russia will repay her loans. A BREAKDOWN. HAGUE, July Li. The First Sub-Committee decided in view of the Russian statement at yesterday’s meeting, that no useful pur-. pose would be served by continuing the meetings with Russians and it was resolved to'so report to the Main Committee.