14 JANUARY 1922, Page 1

Mr. Lloyd George admitted that there was a very natural

prejudice against the Bolsheviks. " But there is much greater danger from Bolshevism if we fail in the task of reconstruction than there is from propaganda which the Bolsheviks under- take." He reminded France that she had made agreements with the Turks, who had massacred the Armenians. " You get no advantage if you shake hands with infamy in the East and refuse to do it with infamy in the North." To restore the world we must have peace, not only in Asia Minor but also in Russia. If the Bolsheviks accepted the invitation, it would be made clear that we could only trade with Russia if she recog- nized all her debts, if she compensated Allied subjects for confiscated property, if she would " establish a legal system which sanctions or enforces trade and other contracts with impartiality," and if she undertook to refrain from propaganda to subvert our institutions and from attacks on her neighbours. " If the conditions under which alone trade is possible involve the recognition of the Russian Government, that also should be done," said Mr. Lloyd George, provided that the Bolsheviks assumed all the other obligations.