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The Hague Conference (1922)

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The Hague Conference was an international financial and economic conference held in The Hague (Netherlands) between June 15 and July 19, 1922 by the decision of the Genoa Conference of 1922.

Representatives of the states participating in the Genoa Conference, excepting Germany, took part. Maxim Litvinov headed the Soviet delegation. Unlike the Genoa Conference, the principle delegates of the capitalist states at the Hague Conference were mainly representatives of business circles (for example, from Great Britain - the former director of the board of the Russo-Asiatic Bank, the former owner of the Kyshtym and Lena mines Leslie Urquhart; from France - Alfan, director of the Bureau for the Protection of Private Property of French Citizens in Russia).

The aim of the Hague conference was to discuss the claims of the capitalist countries against the Soviet state related to the nationalization of the property of foreign capitalists and the cancellation of the debts of the tsarist and Provisional governments, and the question of loans to Soviet Russia. The representatives of the capitalist countries, having rejected all the proposals of the Soviet delegation aimed at international cooperation, refused to discuss the question of credits at the Hague Conference; they insisted on the return of the nationalized property to its former owners. The Soviet delegation resolutely rejected these demands. No substantive decisions were taken at the Hague Conference.

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