| Show TIGERS TIGER'S WORDS FIRE FRENCH ON DEBT PROBLEM Debate on Question to toBe t Be Poisoned By Prejudices JOy By n GEn GERVILLE CITE nE One ot of the thc most Fort t a x of France Ial nn o 1 patch to The Tho 1 i r PARIS PAnIS Aug Aus The lI 11 The chamber ot of deputies at at at last has recessed after a 0 national assembly I meeting at Versailles where the sinking sinkin fund received Its constitutional baptism amidst a memorable up- up uprOar uproar uproar rOar The government now nosy now may ma breathe without danger ot of Its life until parliament opens le-opens but It 1 r remains on a tight rope The Th sinking fund which was created for for tor lack of ot to foreign reign credits nil not be ba endowed with Important resources until 1927 when the th anew new death duties and mutation will will come Into force torce Until then the fund will III receive only some hundred million francs and the th tobacco profits with which to pro pro- provide tide pro vide Ide payment of ot interest on the th debt of ot fifty billion francs franca Increasing prices however due du to to the new taxes customs duties and railroad rates stand a chance ot of inconveniencing Incon the treasury and will nill be the chief trouble ot of the government In the tho economic field forcing prices down Is 19 the most ungrateful task which can devolve on the authorities It would have been easier casler for tor the government nt It if the Inter Inter-allied debt questions had been settled for tor It if 11 this menace had disappeared from the horizon the franc would easily have been stabilized instead ot of whIch it is falling faIling agaIn In a dis- dis disturbing disturbing dis disturbing manner Former Premier Clemenceau's 1 open letter to President Coolidge I has thrown new light on the state of ot opinion respecting the war debts The old tiger had no political maneuver In mind As A Aa a 0 philosopher retired into soli- soli solitude solitude soli solitude tude he only wished to act In his own way nay though he really Incon the French gov- gov government cov IOV as much as ho he did the AmerIcan government because he ha addressed public opinion over the tho heads of ot the tho ho This makes answerIng him a delicate point The answer would come come from an official personage to a a person enjoying individual prestige Indeed but all the tho same to a private citizen It runs the chance of ot poisoning the financial debate debate which It Is I desirable should be peaceful and re open reopenIng reopening ing fog a II terrible wound In French hearts Americas hearts Americas America's separate pence peace with which Germany Germany which time had healed France Is divided Into two camps cam camps ps of ot opposition to ratification ot of the debt agreements On the rIght are the royalists with Dau- Dau Daudet Daudet det Dau-det det leading and an the nationalists led by Louis Martin On the tho ex- ex extreme ex extreme tre e left are the communists the socialists and a 0 few tew fanatical rad- rad radicals rad radicals of ot the cartel HOJ F OP OF It Is remarkable that the mod mod- moderate moderate erate erate party which Is willing to ratify the It agreements agreements it Is true true true- t with the idea ot of obtaining better hetter terms terms terms later on consists on consists of ot the centre parliamentary assemblies the financial experts the bankers and the economists and that these parties partle correspond precisely with enlightened public opinIon In the United States States which In- In Inclines In Inclines clines dines toward revision of ot the agreements In a n liberal sense to- to to toward ward nerd the European debtors There Is therefore hope of ot un- un understanding understanding un understanding each other given time and patience and and If Instead of ot r exciting the extremists and diehard die dle- die hard ards In both countries attempts Fare made to Increase the present minorIty of ot men favoring atlon atlon alion In order to make a majority It If M it letter were era ero It would be pitiful It if the mistake were ero aggravated by byan an answer In which the creditor r has lias every facility tor for afflicting the debtor Things Thine must not beL be l pushed to the irreparable poInt i and Paris la is homing ng that the com- com common mon on mon sense and generosity ot of o the American government will pre pre- pre v t painful consequences of ot M Clemenceau's clarion call for tor which the he he hero vere not ot responsible The Tho spirit Is dead Frances Francos fC foreign policy remaIns remain In Inline Inline line with Locarno and Tho The Hague court She hope hopes that all differ differ- differences differences engendered by the war will willbe III be 10 o settled nettled diplomatically |
