Show AIN WANTS PAYI 5 YE YES S TO Th PAY PAYI Y I I I Debt Negotiators Will Get Ge Down To Brass Tacks Tack This Week By Bv 3 H II Ic 1 K 1 DS 8 International ew WASHINGTON Jan Great 33 13 Britain's debt envois hav have tho the American government in effect that liquidation lation ot of the f ft t e e billion dot dol- dollar lar tar Indebtedness to the United States nil hate ha to take talle place T O 0 r a n period of ot at least 50 years and at al an Interest rate not exceeding 3 per pr cent No formal 01 mat proposition of ot this kind has yet been laid on the tho table talle by the British envois s but members of the tho thi American debt funding commission hate ha ha 0 been given to rn ott by b Stanley Bald Baldwin In of the ex- ex exchequer ex chequer and Montague Norman gov gov- governor gov- gov governor of the Bank of ot England that tha this or something closely akin to It represents the maximum terms lerms they the can agree to without Log Eng England land economically to a point when here the Injury might hate bale a correspond correspond- tag ing In bad effect on Am Am foreign trade This nas as the situation tonight after fter a week weel veeL of and con con- bet between cen the debt d U negotiators con ors ore The British will meet again with the th American commission slon on Monday and at that time It is IE l expected the negotiations will get got down to 10 the brass bras tacks stage I MEET WITh WI-m WI IL I The opinion Is being prepared for tor a II proposition of the kind outlined It Is stated staled un l this nas as wa Indicated today when President Predent Har liar Harding ding summoned to the White House all the Republican la ad 1 l ladi adi Io of o the house among amons them 1 11 e ondell of Burton of Ohio Green of lona Iowa th of or Ohio Green of Vermont Madden of o Illinois I and Campbell of Kansas I I I For nearly two hours me racy ney discussed tho debt funding situation In detail the tho president and at al lle lon Ion of the tho It was ass an- an announced an that Mr Ir Harding and th the I leaders were acre ere In agree agree- agreement ment that no changes in Misting p law would la would be bo made mado at nt t this lure titre while ahIla the ne with the Er hr tick lish are arc still sUII In progress Present law stipulate that the Am- Am American commission slon shall of settlement not e exceeding over 25 3 ears cars and at a 0 rate of Intel inti est eat not 10 loti lower or tItan than 11 i per cent SENATE X TD DOUBTFUl The leaders Informed PresIdent dent Harding they congress s Ident d e appio e ct CC f the debt debton debton debon basis ind t Interest on a 0 50 50 Cr Clr an nn rate of ot 3 per cent though the do 1 doubted dot te 1 whether any rio MO nor t term would bo accept J They were weri I sure sura of ot the house they i IJ U but were werI a bit uncertain of the senate |