28 JANUARY 1922, Page 3

The Prime Minister emphasized the importance of the coming Genoa

Conference, which was designed to put an end to wars and rumours of wars. " You cannot build up business on that rocking foundation of earthquakes." The gibers mocked at a Conference of forty-five nations with a thousand experts. It would be far cheaper than war. If statesmen went to Genoa in a spirit of peace, then peace would ensue. Mr. Lloyd George brushed aside the objection, raised by Lord Robert Cecil, that such a Conference should. he held by the League of Nations. The League was as yet in its infancy. Besides, the United States and Bolshevik Russia would not attend a Conference summoned by the League. Mr. Lloyd George said that, as the Washington Conference was establishing peace in the West, so the Genoa Conference should establish peace in the East. " They will be like the two wings of the Angel of Peace hovering over the world." We must take risks for peace. " The greatest risk that faces the nations now is the risk of bankruptcy."