Salt Lake Telegram | 1925-07-26 | Page 28 | Belgian Debt Funding Board Sails on July 30

BELGIAN DEBT FUNDING BOARD SAILS ON JULY 30 V WASHINGTON July 25 25 AP AP- AP The treasury has been advised that the Belgian debt fundIng fundIng funding fund- fund Ing commission will sail f r AmerIca America America Amer Amer- ica Jul July 30 30 and upon receipt of that information today beg began n preparations prep ar to enter discussions Witt those envoys upon their arrival here Present plans contemplate that the American debt commission will first hear the statement of the Belgians Belgians Bel Bel- gians headed by former Premier Theunis and aryl talk over with them their views as a's as to the ability of their nation to pay As in the case of ot the Italians whose funding negotiations have come to a temporary halt tn the capacity to pay will l govern the terms which the American commission commission commis commis- sion may be prepared to consider Secretary Mellon lellon will return from hi his hie summer homo home on on V Long Island at the end of next week to confer with his subordinates and the the policy policy- to be followed 1 in 1 the meetings meetings meet meet- ings with the Belgians then will be decided Acting Secretary Winston I the secretary of the tha American commission commission com coin mission has made no plans yet to i call a meeting of commission memI members members mem mem- bers who are in t the e city but It appeared appeared appeared ap ap- ap- ap I probable today that a meetIng meeting meeting meet- meet Ing including Mr Mellon Menon the commission commission commission com com- mission chairman Secretary Kellogg Kellogg Kellogg Kel Kel- logg Senator Smoot and arid Mr Mt Winston Winston Winston Win Win- ston would be held August 3 or 4 Meantime correspondence is continuing continuing con con continuing between the war loan staff of the treasury and some of ot the smaller powers although Mr Winston VInston Winston Win Win- ston said a a. few days ago that he anticipated no with any of ot them for lor several weeks He is satisfied satisfied satis satis- fied led however however with the progress be being being being be- be ing made and beU believes ves that at least three of the na nations ions whose debts are not large will soon give their diplomatic representatives here au authority authority authority au- au I to conclude agreements