ANGLO-FRENCH DEBTS

Hokitika Guardian, 31 August 1925, Page 3

ANGLO-FRENCH DEBTS

[Australia Ac N.Z. Cable Association.! AN AMERICAN VU<;W. NEM' YORK, Aug. 28. In contenting on the Anglo-French debt settlement proposals the New York “Herald-Tribune” says“As loi the political effect on this country of the Anglo-French bargain it should be and it almost certainly will be nothing. If there was a desire on the part of M. Caillaux to put Ids country in a bole—as some correspondents suggested— there would be a great deal for M. Caillaux to learn about the attitude of this nation towards the debt problem. His point of view would involve a total confusion of mind. Nothing could he clearer despite the dust stirred up by pro]'agaiidanists, than that the action ot England can have no effect whatever on this country’s decision in respect of France.” The New York “World" says: “At. Cailleux and Air Churchill seem to think that the debt problem can hr advanced by diplomatic cleverness. They are we believe, wholly mistaken. Neither President t'oolidge nor the Leaders of Congress are likely to he anything but repelled and stiffened by the Impression that these two politicians abroad are staging an intricate manoeuvre at the expense of the United States. Absolute frankness and simplicity will do more for France in the coming negotiations than in the all too-clovor wizardry of the rather intricate Af. Caillaux. It is just such proceedings as those in London that confirm the American fear of European entanglement. Al. Caillaux especially, and Air Churchill are to some degree, off on the wrong loot.” The “Evening M’orld” says:—“The arrangement at London suggests clever p.lay on the part of Afr Churchill in creating the impression that England is quite eager to make generous concessions, which, he knows she will not have to make. Just what is in the mind of Af. Caillaux is more mysterious.” The Washington “Despatch” says: “The high officials of the TLS.A. Government are unmoved by the AngloFrench settlement. Any favourable reaction, for which Al. Caillaux might have hoped is conspicuous by its absence. The officials state that the Government is as firm as ever in its determination that France must fund lei obligation to this country on a basis separate and apart from any arrangement made with any other nation ” AMERICA TO HASTEN FUNDING. WASHINGTON, Aug. 20. A United States Commission has been set up with the goal of cleaning ep all the war debt funding in time for action by the next Congress. The entire funding is to In' cleared during lh'> coming winter. BRITISH AND AMERICAN METHODS. A CONTRAST. (Received this day at 8 a.m.' LONDON, August 30. Air J. L. Garvin, in the “Observer.” approves of the British oflor to France. He says; “The positions of London and Washington are fundamentally dilferent. Me would rather have a little less and a willing settlement than a little more and a hitter one. The “Sunday Times” believes tin nation would almost, unanimously prefer to suffer anything rather than ban a London deal 'with Paris as M’ashington dealt with London.