Show CAPITAL LEVY i PLAN De Debt t. t Solution Is s OfIn Offered Offered Of Of- in In France rance PARIS Dec 1 AP AP Quick Quick settlements settlements settlements set set- of ot Frances France's debts and a a. 10 19 per cent lev levy on capital payable payable payable pay pay- able in thirty annuities are Me among the th Ideas considered by Louis Louche r finance minister In the ne cabinet as essential to the restoration or of Frances France's eco- eco situation The levy on capital will be used to finance a sinking fund and to extinguish term short-term debts M. M will have none of a a. moratorium moratorium mora mora- or forced conversion of I bonds which mature December 8 n however be forced to bor bor- f row rots some eight or nine billion i francs debts long lost sight oti during the fierce struggle over fiscal al measures again are to the fore tore ST STABLE BLE CURRENCY A strictly balanced budget and a stable currency essential elements to any financial restoration plan are considered as directly d depend dependent pend- pend ent upon the rapid settlement of these debts The Briand administration admin admin- hopes to resume debt funding ne negotiations immediately I and push through to a satisfactory satisfactory satis satis- factory conclusion I M. M I. I Briand himself will wJ take the opportunity during his presence In London to revive the discussion as regards the debt to Great Britain and a similar step is imminent as regards the Washington government govern govern- ment I Lq Le Journal says this morning that it learns that the appointment j of Henri Berenger as ambassador to the United States is ready for signature It adds that Emile EmileI I Daeschner the present incumbent at Washington will wili be transferred to another post of equa equal j tance FINANCING PLANS M. M Louche r will have to find I some eight or nine billion francs for the Immediate needs of ot the treasury between now and the end of December lie He has no option butto but butto butto to resort to inflation but the plan I under consideration is secured In In- In The plan it Is understood understood under under- stood is to guarantee the temporary temporary temporary tempo tempo- I nature of the operation by byJ J increases in existing taxes |