6 MAY 1922, Page 3

At the full sitting 'of the Conference on Wednesday Sir

Laming Worthington-Evans presented the Report of the Financial Commission. This report is the first definite achievement • of the Conference. It displays unanimity in asserting that the issue of paper-money must be limited ; that its parity with gold must be fixed ; that the use of gold .must itself be limited, and thatteredit pokey must be co-ordinated. Of course; these are but, eneral principles,' and it may be said that agreement upon them means very, little- as nobody disputed them before the Conference. They. represent very much the measure of agreement which was reached at the Brussels. Conference long ago. However, all. the -delegates. on the Financial Commission have promised to co-operate-rin a banking policy designed to revive trade. £20,000,000 'is to be provided. If that will not carry us very far it is at 'least a good basis of experiment.