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Show cnuuon mm , BUSINESS DEAL MESJ CHANCELLOR IN STATIN Q VIEWO TIC DECLARES NATION 18 NOT P SEEKING FAVORO 4 ' Execi Secretary Mellon Welcomes Refund kio Commlsilon, Expressing Appreciation f Govern mtnt'a Action t Alb Wahtason. Orwit Kxitnln -anti meggi a lair business sUle-nt of her lire wedn Mllkm dollar war dtbt to tho United recon btatca aa auch terms as will predate urgln, the laaat possible disturbance- la Ui at V trade relations of the two countries, motlo Stanley Baldwin, the British eaaasel- amon , lar of the axettequor, declared la an beer, address before the. Joint meetiBf at Ho the Hrltlsk nad Amerieaa debt Mad- 01,8 tag eoamlsslon. amon MWo are aet asra to ask far favors er to Impose oa generosity," aald Mr. ? . Baldwin. "Wo want a fair business I0" settlement, a square dtnl, a settle- hoJ , sent tkat will securo for America the raent repayment to the last cent of those B(tcr eredlts which the United states sot- BUi,m era ent established In America far r rot tta, their associates In tbo war." i.'.75 Mr. Baldwin's address was In re- subst ply to eQ of welcome by Socretary turo (Mellon, ehalrman of the American derod commission, who ezpressod particular Jeclal appreciation of the courtesy of the erotic Urltlsh government la having deslg- n" 81 sated as Its delegates men so dlstln- f ou gulehed. He called attention that that this was the first tlmo a chaneallor oympi of the exchequer had left his coua act. try to participate In a missies ot from this character. tho n Tho treasury secretary assured the Oth British representatives that tho Amcr- tho r loan commissioners woro bo loss son motlo fllble than tbemsolvcs to tho virtual toratl necessity of effecting a definite set- nlclpo tleraont upon a basis entirely Just to trol c teeth.' lie added that tho prompt payment by Grout Britain ot J 100,- Vot 090,000 ot laterost during, the pnst, Tor three Months, pending a final arrange- onto'a enL was to his wind conclusive which proof ot the rljht spirit ot financial tlon c Integrity which lie was proud to say oloctr had always animated both ot the two rj. a. great English speaking nations, dato, Ta Brltlnh chancellor tn his reply counc appreaeaed the problem In a broad jorlty geaaral way. dec-luring tho settlement radial weald determlae the material welfare ayo; of tho great mass1 ot wage earners In pjatf0 Oroat Britain and tho United States tllQ p llo mibmltted extonslve etatlottcs as lloa ( X flaaaclal conditions la Groat Brtt- ,mrll0 aha, and a study of thooa figures wns Jn Ul( bogus Immediately by tho American aamWwIea. . |