Show ENGLISH WANT BUSINESS DEAL chancellor IN STATING VIEWS DECLARES NATION IS NOT SEEKING FAVORS secretary mellon welcomes refunding commission expressing appreciation of governments action washington great britain wants hants a fair business settlement of 0 her five billion dollar war debt to the united baates on such terms as will produce the least possible disturbance in the I 1 trade relations ot of the two countries stanley baldwin the british chancellor of 0 the exchequer declared in an address before the joint meeting 0 of the british and american debt funding commission we aro are not here to ask tor for favors or to impose on generosity said mr baldwin we want a fair business settlement a square deal a settlement that will secure tor for america the repayment to tho the last cent ot of those credits which the united states government established in america lor for us their associates in the war mr baldwins baldvins Bald wins address was in reply to ono one ot of welcome by secretary wellon mellon chairman of 0 the american commission who expressed particular appreciation ot of the courtesy 0 of the british government in having besl designated as its delegates men so distinguished gui shed ile he called attention that this was the first time a chancellor ot of the exchequer had left le ft his country to participate in a mission ol of this character the treasury secretary assured the british representatives that the american commissioners were no less sensible than themselves to the virtual necessity ot of effecting a definite settlement upon a basis entirely just to both he added that the prompt payment by great britain ot of of interest during the past three months pending a final arrangement was to his conclusive proof of the right spirit of financial integrity which lie was proud to say had always animated both of the two great english speaking nations the british chancellor in his reply approached the problem in a broad general way declaring the settlement would determine the material welfare of the great mass of wage earners in great britain and the united states lie submitted extensive ete nelve statistics ns as to financial conditions in great britain and a study of these figures was begun immediately by the american commission |