1922 April 10 The Genoa Conference begins in Italy. Representatives of 34 nations convene to attempt the reconstruction of European finance and commerce. It is the first conference after World War I in which Germany and the Soviet Union are accepted on a par with other nations. The USSR, despite its repudiation of the czarist national debt, has offered to discuss the question at an international assembly. This offer marks the first Soviet attempt to enter the European diplomatic circle after the Russian Revolution.