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Show 50VIEI 00115 EFFEGTAT GENOA AFFAIRS IN CONNECTION WITH ECONOMIC TREATY LIKE AMERICAN BOOM TALK Bolshevik Delegates and Shell Companies' Com-panies' Repesentatlves Deny Contract Made for Baku Output Out-put at Meeting Gonon. No American oil town had greater oil oxcltement than Gonou has had ovor tho rumors that various oil agrooraents hnvo bcon enterod Into by tho bolshevik delegation. Petroloum Is gushing all over tho Gonon conference, nothing has created such a stir sinco tho Germans und Russians hnndod to tho surprised conforenco tholr Enstor treaty. Paku literally has hocn movod to Genoa, und Azerbaijan hns boon put on tho map for diplomats who for-morly for-morly had llttlo idea where that ro-public ro-public on tho Caspian was locatod. Certain districts novor heard of until this week aro boing discussod glibly. Tho Russian delegation has donlcd that It has made nny contract for the Balo of its oil output Kvorybody from M. Tehltchorln down has denied r.-ports r.-ports of nil contracts. Colonel J, W Hoyle, n Canadian officer, who represents repre-sents the ltuyal Dutch und Shell companies com-panies hero, which ure reportod t have signed contracts with tho Soviets, has issued repeated denials from the sk'lc bod. The lirltlsh government nlso has. do-nlod do-nlod that contracts hnvo boon mndo with Its knowledge, but tho French correspondents will accept no denials, and uro describing "tho alleged troach-ory" troach-ory" which Is supposed to novo given tho Urltlsh control of tho Caucasian output. It was cxpoctcd that oil would bo tho greatest prize which tho Russians could offer ut Genou; consequently con-sequently thero Is willingness to nc-copt nc-copt uny rumors, and tho air is full ot them. M. Krahsin, although donylng tho completion of any sales o development develop-ment agreements, frankly stntos that ho Is nagotiating with oil companies In many countries. Tho Helglans formerly for-merly 'iwned many oil properties In the Iluku fields, nnd their objection to tho Genoa conference's plan for dealing deal-ing with nationalized proporty in Russia Rus-sia belonging to foreigners Is based to u considerable dogroo on -their foar of losing tht Ir lntorosts in Caucasian oil. Tho sovlfts say thoy nro willing to grunt concessions for oil devclopmont In small socttnns and aro anxious to make tho dovelopmont regional, so as not to allow It to bo monopolized. Hut thero seems to be nn ubsonco of concession con-cession hunters nt this time, ns pro-poctlvo pro-poctlvo invostors nro not willing to tuko over the property which formerly wiib operated by othor owners until definite arrangements are mado for suvlcC recognition find tho reimbursement reimburse-ment of formor owners, which would lave tho rights unclouded. Colonel Ilnylc, about whom tho present Morm rugos, was In Russia during the war assisting In speeding ' up transportation, and In rocont years I has bot-n much lu Rumania, whoro ho has confidence of tho royal fam-l lly. It wiib Colonel Roylo who cs-curled cs-curled the Itusslnn downgor empress and hor daughtor from Crimea Into Rumania ufter tho doath of tho emperor. em-peror. Davison Leaves Large Estate New York. Close frlonds of tho Into l!onr P. Davison, who died Saturday Sat-urday from an oporntloit for brain tumor, estimated that Iho financier loft an t'Etute of about 510,00,XX). He carried a largo amount of life Insurance, Insur-ance, but tho figure has not been ascertained. as-certained. Sir. Davison's public benefactions bene-factions wore large. |