29 APRIL 1922, Page 2

M. Poineare went on to say that France had given

a new proof of -her pacific spirit by keeping. her -delegates at Genoa, despite the conclusion of the German-Bolshevik' Treaty. Never- theless, if the delegates could not make the French ideas triumph at Genoa, France .would be unable to continuos her cooperation. The German-Bolshevik alliance- had created a new political situation which compromised the equilibrium of Efirope and which was not to be controlled by economic formulae or by great international conferences. 3L Poincaire said, bluntly :—

" We will remain at Genoa only on condition that there is no concession to Germany or to Soviet Russia and that we hold firm to the terms of our memorandum."

Apart from the Conference, the Allies must examine withoue delay the consequences-of the German-Bolshevik Treaty.