Show FRENCH SUGGESTION mm THATUS S. S ASSUME V GERMAN DEBT Financial Authority Sees Sol Solution S tion of Difficulties ti b by Tb This s' s Means aris i V J By fly y es Guyot Famous Famous' European Financial Writer Written exclusively for fop the International Inter Inter- n national News Service P PARIS PItIS ItIS May 6 The The most logical m method for Germany to to avert a fi financial anci catastrophe Is to appeal to th the ba bankers lr of the he United States to tot t take ke up her entire debt to t the e allieson allies ona ona on- on a l long Jong ng term arrangement V V The Germans declare their willingness willingness willing ness' ness tp to p pay y J the allies attica everything possible If Germany Is is' is able isable to pay payI the allies what later is considered sufficient then she is obviously able I to p pay American bankers substantial interest t on the thc suggested suggest d loan PROBLEM IS POLITICAL It i is is onI only onty by negotiating between business business' men th that thata ta a a catastrophe can carl be avoided d. d T The c question of Indemnity indemnity is is not merely financial It is really political France cannot fix the total tota amount of f perman German because the treaty of Versailles does not authorize V it It and nd the treaty r aty of Vers Versailles Versaille mei Is 15 law Jaw lawso so 50 far far- faras as Fran France e is concerned If It Germ Germany ny can float an immense I loan in the th the United States it would solve Frari Frances France's es e's existing situation be because be- be cause we we would then be dealing with America directly and could obtain much ne heeded ded credit CONFERENCE CONFERENCE AT- AT SPA V I II I am afraid the tle allies are approach approaching ing the forthcoming tor hc ming ming- conf conference a aSpa at Spa without sufficient pr preparation is final expression What is is' is needed is-needed a a a- from front the allies Ules which would say to I the Germans This I is our last word Take It ii or or leave it V Vi I We cannot wait walt indefinitely for Germanys Germany's payments to France I France needs needs' capital now and must 1 have th the amount of reparations reparation within fifteen years Therefore the tho sooner the p is is' Is made the th b better V M. M GUYot SUgg t on for a German e erman ermanI manil manilI I loan loanis is is not hot favored by the the Fr French II government which h contends Germany I Is 15 able able- to p pay y her er d debts but fe unwilling un i willing g to do so |