Sometime ago, Great Britain negotiated a trade agreement with Soviet Russia but withheld recognition. The whole arrangement proved unsatisfactory.

The British Government has now recognized Sovietland, and in London, Bolshies and Laborites are in daily con-ference—when the Soviet delegates can be induced to give up seeing London from the bus-tops—trying to straighten out their economic and financial rela- tions.

The opening sessions of the conference were marked with much plain speaking from Premier Ramsay Mac-Donald. Old Tsarist Treaties were relegated to subcommittees for inspection, but no...

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