Show WAR DEBT PROBLEM SOLUTION LOO LOOMS r I BRiT A N BELIEVED NG TO lET U S G DIVE VE FRANCE REPAYMENT TERMS Rare Chance Seen to Solve Problem Vexing I World orld Since Peace Thus Aiding Further I in Economic Recovery of Europe I WASHINGTON w ASHINGTON Jan Officials AP here see sec hopeful tendencies in the New Year dis- dis dispatches dispatches dis dispatches patches from Great Britain regarding war debts although they have received thus far no communication declaring the willingness of the British government to approve specially indulgent terms for When hon shown ho n 1 a l toi v published ed 11 II III I ondon to 10 the Iho he effect effect that Great Britain had a assured the United States she he would not stand oland In the tho I wa of a franco American settle settle- s settlement Ule- Ule Ulel l ment meat on terms lerms more lenient than l the Anglo agreement high officials of or the tato state ment I ment the Ih statement that Ihal no such uch hid h ton ahn officially or un- un un lall I At the same Sam time the th failure or of the Iho foreign office to deny that h au-h a suggestion lIon might b be forthcomIng nan IS nol noted 1 with lIh great grat I I During their recent In- In InI in intricate I Irl ate stages the tho debt discussions ha o 0 ben been kept entirely confidential I but officials evidently o ho h hoped ped for or some ome development to 1 ir the air lr early arly In la the ew elo ewI I ear C C V C v-c v JELL tHe MOM Mol 1 A moratorium for tor 1 1 I Ince the London Morning Morning- Po Post t indicates would be Le acc acceptable pta ble to Gr Great al Britain c coupled with lIh an ar- ar arI nr I for payment would take Into account the that besot beset French fl- fl L nances might greatly advance tho o t toward tard ard a settlement between een the United Slates States and the tho sovin n at Pari Paris There neer never ha has been n any cation here that the gOY gov eov r nt hoped l o bv bp be the lh oIe IOle beneficial v fi a oin oni my ny pa I bv by alth although ugh here hive hio studiously l avoided any discussion of the Bi h In- In formal format suggestion that Great But nin it- it itala ala and nd the Iho United States tateo take hm haie I and shale shaie e alike e In lii such Ia pat pat- rai ments s lOn nori Coming Comine on top of oC the tho Brillh the announcement In InI I 1 ranee rance that ne negotiatIons Illy are In progress f for r a I 1 I Tano ranco- ranco Anci Lean settlement as 11 w as a accept accept- accepted ed d as e contributing still further to ad a n solution n This Is the first tIme Lime that Ihal th l the French foreign nf- nf of office fice lee ice has pul publicly lI ty c conceded that the discussions which have base been In for home ione months amount amounted ed Id to 10 a negotiations a I term rm hl h in diplomacy I Is applied led oni to formal Cormal exchanges exchange deol designed ned to de- de ac accomplish definite results It If France e now Is to re regard gard her com conversations n with ith the tho United Slates as formal hit fact al alone ne I Is regarded as Indicating a long lone l ng t step p t arll bringing the whole hole subject Into Inlo the tho open OlI 4 D K rEAIl JG roi one ne thins thIng such a seem c m to put an end to an any appi thit th French offIcials might be b m toward d a 1 n of t Ine debt One Once the discus dIscus- discussions ha have c taken taen on a character er of ot It li is pointed out It would ouid uld be impo Impossible Ible for tor the th French government gO to lo the position that th tho debts not bo be paid at allOne all allOne One of oC the th hie reached the elate late department over vcr I the holiday was as a C fi om Ambassador toiling l of oC his long Ion c with nith 11 lIan e and It Is h here her that when finally de cie it will II con contain lain Information ot o gleat importance bearing bearn on the terms lerms propos proposed d bv tN tho French go- go goC RO I C lor l'or tue Ille moment h how however w- w wr ever r cr the state stale nl with eith withheld hel held COffil comment tent l both on this till com ont and the note on Ih the same subject ct suggesting a ten ten- ear soar car ll m signed by M 11 Clementel Because of t the new nee e lr r Inter Inter- mb lon and the regular meeting ot of othe the tho cabinet this morning Secretary Hughes found it Impossible to ghe I Immediate attention to corn com coni It was sas Indicated that e be no announcement J until after atter a careful of oC the documents and a 1 of ot tho Iho I American debt c commission n SS MI I another nother communication n from abro Ill uI which e litch was as n as In lii pl pi LC S ot oC oCI I at the lato lale depa department to- to toI toddY to today I day clay a was oni one ne Great stating thit t eIth I ic to the c collection or of I claims bY by the th United States Stales from Crom Ono One section ot of o th the dl- dl dl had been received d and de- de decoded decoded de decoded coded while ehile the second second was said ald t to tobe tobe be en loule lout by cable Other repol ti from Cronl Paris Included Included ed ad on one by James A l Logan Lofin l an Amen Amen- r Ian can n 0 on the rel ra tion commission l but ut Its character II sas as s not nol divulged n H Min HIJ CU CI Ct LONDON LO Jan Jun 2 4 MP Here HerIs Is a rare chance of ot settling once for Cor all the problem that hat has veed eted the world since peace etis as w and nd mood st od In the way ot of the th ceo ceo- eco J eco er of ot Europe MY Post Iosi l sl In comm commenting upon tipon a 1 communication which ac- ac according ac according cording t to us II Washington ahlo c cone cone r P- P f Great hn 1118 nI de to the tho United d Sl sl r refer refer- core to settlement ot debt The Th 11 41 nL I the i p r In lit big bg bi J Continued on e Two I SOLUTION NEAR ON TO VAR DEBTS Continued From race Page One type Is to the tho effect that Great BritaIn has assured Washington It does not object to the UnIted States granting specially Indulgent terms term to In repa repaying Ing her I debt for tor Instance an Indefinite Moratorium r loner rate ot of 0 Inter Inter- Inter Inter-c eat et t and ana more moro prolonged terms term for tor repayment than th n allowed to 10 Gret torI I what what- whatever Britain only Insisting that ever Ol la payments menta I rance ranc males makes to the States Slates shall be shared part pari passu by Britain Clear Clean a no ne non situation has been created crated aas aa the tho Pot Post and nd pub pub- pub public lic lie opinion In iii this country gise gho I Baldwin Bald s a govern govern- government ment the th highest credit for tor the conception of ot a bold and such an appeasing stroke of ot policy for tor torII forIt II if America recognizes our gener generosity ashy France will surel be not Un- Un Unmindful un unmindful 1 tra ra neo mindful t of the hII assistance I c we shall li lun haa e been ben to to her hr sit lt G It Is la stated In official quarters that there thre h his been ben no official with alth regard to debt dbl such guch RS the tine Morning Post t adduces but It II Is to not denied that such uch a proposition haw ha been made to Washington unofficially It I Is noted that the printed by the Is la In line IIno Ith ith the th statement made b l Wins Wins- WinsOn Wins ton ton On Churchill chancellor of ot tb the exchequer lu in the tho house of ot eom- eom com commons mon mons on December 10 and aud with the th g ral l polio on the set set- set settlement tI hems It met of ot debts and for tor The British gee gee- gov government would be II illing ling to enter an an anBI BI cement n nith Ith ith the th Fr French Which nich might result front from this con con- concession con concession cession It is II I pointed out Officials neither confirm nor deny the iJ e suggestion that the proposition l ae as presented In Washington by Montague r-orman r governor gO of the Bank BanI of or and Sir Alan arrett Garrett AnderSon Andrson a a director ot of the ink b-ink who ho ho nent ent to the United State tates recently on a mission the of or tho the official world hero has declined to discuss but I Is reported to ho he In tion Uon connection on with Ith the debts I R TO l lARIs Jan lan 2 The Th W The to foreign reign office today med ne- ne le ports lorl that negotiations had bad ben been opened bel e een n J Minister and Andrew W of ot th the United Slates treasur regarding the funding of th l war d debt bt A note nole not by f C M went ard l I neada It suggest lI year ten moratorium and gha an Indication as aa to what the th 1 I rench government think thinks I l ranco rance ranc might bo be beable abl able to do In tho the nay vay ot of t pa ment bythe byth Although the th note not I Is signed by the minister of or finance Instead of W 14 Premier and I or It Is admitted by the th for foreign or- or eign Ign office that It tt contains contain the th tangible tang propositions Franc has hal hamad made toward a settlement It I Is thought In official circle that afford atford M Clementel s note noto not cannot at- at af ford rord the lh basis for tor an actual settle settle- settlement settlement ment but that It will open a dis- dis dis that may lead to a final agreement It Is understood a similar note not similar propositions has ben been bent to London concerning the tho I of ot the debt to Great Britain |