Commercial and General Treaty Combined: Russia's Liability to Bondholders: Admission to Export Credit Scheme:
Property Claims and Compensation London, Aug. 2.
M. Rakovsky, the Soviet representative, has returned to London, and resumed negotiations—Reuter. London, Aug. 4.
It is reported that an important economic and financial agreement. was concluded at this morning's: plenary meeting of the Anglo-Soviet Conference under which Russia undertakes to pay £28,000, 000 out of her debts to Britain Reuter.
London, Aug. 5. The following Aommuviqué was wed by the Foreign Ofice this reign trade and granted Himited number of trade delegations diplomatic immunity for themselves and for the existing office of the Trade Delegation, Debts and claims had occupied the chief place in the negotiations. The Government hud been faced with the Soviet decrees of repudiation of nationalization, while we were determined that the legitimate rights of British citizens should be recognized.
The general treaty, Mr. Ponsonby said, contained the Soviet admission assurance that the Soviet would "Anglo-Soviet Conferenes, having sat committee during the in full cession on Monday at noon and sat until 7.15 this morning. As! the Soviet Delegation was unable to ceasions ith regard to! Article 14 of the draft Treaty, no Aggreement was reached. The broke down and the!
Later.
Reuter's Agency learns that th> Russian, delegation contended that Art. 14 would leave the way open for demanding complete recognition by the Soviet of their liability to compensate for nationalized pro perty ax a matter of right. The delegates declared that the Soviet had rejected the principle involved far back as the Genoa Conference, but they had now made certain con cessions, although their attitude was generally unaltered. The breakdown means that the other gniscellaneous stions discussed wit also remai unsettled.
Later.
Notwithstanding the gloomy conmuoniqué issued by the Foreign Office relative to the breakdown of the Anglo-Soviet conference, it noteworthy that none' of—the Russians have as yet arranged to eave. Observers in London that it probable the breakdown is so definite and complete as at first thought.
Aug. 6.
The news of the break-up of the Anglo-Russian Conference hus not caused surprise and does not evoke Tt was even received in some quarters.
London, Aug. 6.
In the House of Commons to-day, Mr. Arthur Ponsonby, the Unde Secretary of State for Foreign fairs, who was greeted with Ministerial cheers as he rose, declared that a settlement had finally been reached with the Russians this after-toon.
The first intimation of the settle-with bondholders (loud jon laughter), and he beved that they were in process of negotiating with a very considerable number.
The commercial treaty conferred on Britain most favoured nation treatment, in return for which Bri tain admitted Russin into the export credit scheme.
Mr. Ponsonby, dealing with the "(general treaty, stated that both sides would appoint members to a commission which would investiga! property claims and deal wit question of compensation. the the British Government were sati fied regarding the lump sum for mii cellaneous claims and when there was an agreed settlement rage the property claims these gree: ments would be embodied in a subrequent treaty arising from the Government would submit to Parliament a proposal teeing a loan to the Soviet. Mean. while both Government debts and intervention respecting claims would bbe put into cold storage. He hoped that the treaty would be signed tomorrow.
Text read from the printed page and cleaned; old type leaves the occasional error.