Show KEEP COOL ON DEBT WASHINGTON w Sept Sept 19 U 1 P l With Ith the approach of funding ne negotiations on the French debt t tl the United L States Slates States President CoolIdge I Idge believes the American pres and I and alid people can an best beet serve ser the enl en- enof enlI of o an equitable settlement of oC all al ye I war wui debts by confidence In the of of American debt commission to ac accomplish this I Convinced that in each ca case e th tb commission has accurate tion on the capacity to pay of oC th thI I several seve ral debtor nations the II dent believes that body can be de dc depended on both to safeguard th interests of oC the United Sates iSales an anlo anto anto to lo Impose no unnecessary hard hare hardships ships on those thoe nations In iii so o ISSUE T. As to the forns of ot security give gi the United States In the debt already Senator How Howel howell ell of Nebraska X braska I raised a a. question with wih American debt commission take Issue Isue I Announcement by the Nebrask senator that he would Insist II congress meets In December immediate conversion con erslon Into ble bonds of all foreign to lo the United States Stales has response front from debt commission o 01 I fic teals that this already has bee ble done I Insisting however ever ho that this w wI I not the case Senator benator howell sal a I II he believed the principal I such bonds had not been was S because S it would o have give h j the l lU United U I States t e a a position in European an fiscal I bv by permitting their marke should occasion require I NO 0 X M I. H BritIsh debt s t In I the t S I as an n example al ho he said I liable tahle notes Instead of tile ble bonds hail been accepted to lo r I place the original loan notes hll both note Issues contained d I slon 51 on for or substitution of oC bonds Londs upon uon demand denland no such d mand the senator said had hatt j y I been beer made nor so ito O far tar as he lie knet I was seas in contemplation Floyd Floel G G. Blair lal legal adviser t tI I I the debt commission saying it vs j I unnecessary for Cor or the commission t tIssue tIssue Issue a a. denial dental of the senators senator's ten lions asserted that hint the he bonds I Ithe Ithe ithe II the British debt debt settlement negotiable securitIes se s in every er e Lens sens' s ns' ns |