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Show Concessions .Caillaux insists that France "conceded" more than the United States in the recent inconclusive debt negotiations. That depends on the point from which you measure "concessions." "con-cessions." If you take the American standart that France should pay all she borrowed, with interest at the same rate that we pay to those from whom we borrowed it, then we conceded about half the debt. If vou take the American standard that France should pay nothing at all, then the French, by offering to pay about a third, were making tremendous concessions. The fact that all the concessions are made by us, no matter what the terms. If France does not pay its debt, she should at least acknowledge all of it, and regard any remission as a favor. i |