22 APRIL 1922, Page 1

The whole point of the Conference was general consultation, no

secrets, all the cards upon the table. What we hope now is that Germany will not be compelled to feel more than she has already felt that she is being isolated. Any kind of ultimatum would make things worse. Germany would be driven to rely more than ever on an alliance with Russia and the Great Powers would break up into permanently hostile camps. The Genoa Conference would have achieved in an aggravated form precisely the things which it met to prevent. Of course, if Germany with an access of wisdom which has not yet visited her decides, after all, to behave in the spirit of the Conference and to suspend the Treaty or even to abrogate it of her own free will, that would be the best way out. We must sincerely hope that this may happen.