Show PLANS FUllS FUTILE 1 WAR BURG SAYS President President of American Acceptance Council Talks l' l NE EW YORK TORT Dec 6 The The of ot discussing ng the International pan an Ln and anti stabilization schemes un- un the reparations question has hasen hasen M en en settled in a practical way was bv by Paul Warburg toay tolay to- to lay ay y In an address at the fifth firth anal anual an- an ual al me meeting of ot the American ac- ac council c t. t Mr lr Warburg who is president of ot llie l lie council expressed satisfaction Ith progress made during the past gear ear cat In In obtaining general n n and adoption of ot sound lee les es and practises In the art of ot aking akin and distributing American inkers and trade acceptances F However he pointed out since sincee e bulk of 01 bankers acceptances are ased based upon foreign trade It Is the volume Blume of ot in international commerce Hat tat determines the growth of ot American acceptance banking |