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Show ITALY SDDN 10 DISCUSS DEBT ITALIAN DEBT COMMISSION TO PAY VISIT TO WASHINGTON NEXT MONTH Capacity To Pay Is Based Entirely Upon Business, Says Count Volpi Who Will Head The Delegation Dele-gation Home Italy's capacity to pay, based entirely upon business considerations, consid-erations, will be the sole determining criterion of the proposals to be made by the Italian war debt commission to Washington next month, Count Volpi, the finance minister, said to the Associated Press. "Italy desires to conclude, as soon as possible, a just s-ettlement of her war debt to the United States, based completely upon the realities of her industrial economic and financial situation," sit-uation," the finance minister said. Commenting on President Cool-idge's Cool-idge's statement that the terms of America's settlement with Belgium would not constitute a precedent, Count Volpi said: "Naturally, I cannot divulge the details de-tails of our proposals, which will be accurate and realistic. It must be remembered re-membered that the individual wealth of Belgium is greater than that of Italy. This must be considered, since our plan and any interpretations of it are based fundamentally on our capacity to pay." The finance minister announced that Signor de Mortino, Italian ambassador am-bassador to the United States, who will be a member of the Italian debt mission, is sailing to resume his post. The ambassador is charged with interviewing in-terviewing members of the American government and preparing the ground work for the commission, so as to speed up the actual negotiations. Depending upon the attitude of the Americans, the Italian commission may publish in book form a complete statement of Italy's financial and economic situation, regarding which comprehensive data have been gathered gath-ered by experts. Count Volpi concluded his references referen-ces to the debt problem by declaring Italy willing and desirous to pay to the full extent of her capabilities. He denied the truth of rumors recently current in Rome of a possible repudiation repudi-ation of the Italian debt to Great Britian and confirmed Premier Mussolini's Mus-solini's statement that Italy was firmly firm-ly determined to settle with all her wartime creditors. |