Show DE ET T PARLEY I I Ii i STARTS WITH TH I SHORT l Al S SI I II I I I I Caillaux Alludes to U. U S. S Help Given to His I Nation MELLON 1 REPLIES I I Funding Negotiations N Termed I Move for I Sound Business I I Ill S S tt 21 21 1 A Om I illicit In iii ef effect ci- ci II feet eon a li offer Irrer for of Ii that lust na- na I debt Ihl to io the lie th United 1 States Here rc submitted sub lIh lo to thc be American debt at the I first t between t the lie c anti luul American negotiators h the th i of ft of till the proposal pro I v as tint not tuttle mcd I fit luI It I I was 3 established ts that hut I Int nt nl Jea t to in some Rotor members of ni o nilie the lie American rl It w not IlOt as its 11 r II was 1111 apparent hint fur fur- lieu li-adins li bp ia necessary sary MILT nod there lucre was urns no iii I allon In treasury I elides cIrcle 11 to feel Hint liiL an In e 1 lund hall been hn roust readied ItI WASHINGTON 24 lIP OP The Th French and American debt commissioners meeting lucre here today todDY lo to effect a n of ot Frances France's four tou billion dollar war wal debt ed themselves to 10 ace nce the Is Issue is- is Rue sue as practical men recognizing th the pi or of flat ael- other and de tie- desirous sirous ailous of o reach reach-ng a quick agree agree- Frances France's position portion stated by Joseph Caillaux her minister of oc finance fi was wan that his hI country has haa nut not forgotten what whal we WP owe to 10 America iou for he he- splendid work to lo cud jul victoriously the I hI war wat and for forIt lh Ih It generous genel us lp our people re received tl te- Ived from citizens of o the United Secretary Mellon head of the American debt commission declared ed Id he hI recognized the th Influence the I hI hIlr pr rr sent conference may have on the peace of or the world and de dc- described de- de scribed ci the American desire dl and as one In tie t l' l direction of or a settlement that uld be lit 11 fair to 10 all aU an ani I In the Ih practical test tet te of oC Ume time hip B M. M J. J t I I v ry ry briefly hrh fly explaining thai thuit the hope of ot the French was Willi lo to teach a settlement Ih thet i would not nol only bo be practicable Insofar In far as a. material Interests are al' al concerned Ind but on onS on'S that at would W b to- to I Continued ld on Oil n Page Is h u I DEBT tET PARLEY I I IS s UNDER WAy MY Continued from Page Otto Oue worthy ot of the past of the two great reat nations Ho Bald the dis the two between Ions should go forward In such a away a away way all as to tor peace and help heir the tha economIc stabilization in the tho world I have conin from France said M. M Caillaux by my to meet the obligations of my country countr- towards the United Stat tat N es Highly appreciated members member ot of belonging to nU all our ur parliament parties chairmen or reporters ot of the financial trade commissions of the upper and lower house have ha been so kind as 05 to accompany mo me Like myself Ih these gentlemen have havethe havethe the greatest desire to reach II a set set- settlement TIES nl Wo Yo do not forget and no ono one I in our country will fiver ever forget we owe to America for her splendid work o 0 end victoriouslY the war and to fo the generous help our people from citizens of the United States In time or of forget forge and wo VO teed Wo Vo neither feel sure surl nobody on thIs side of the Atlantic forgets the ties knot knot- knotted knotted ted between both bolh our countries atthe nt at the end ot of the eighteenth century Now if you ou wish well we'll go to I work as practical men desirous to come orne to a settlement satisfactory I for fOI all material interests worthy of the past of the thc two great na- na ions combined d In such u a way wn as asto to o to fortify f ileac i and help the nn-I nn ec- ec stabilization I In the world nElLIES Reply to the French minister Mellon said laid One by one the tho world is over over- oming cominS' the effects ot of the war which so 80 long aftEr Its termination inger with us The Dawes plan plana is a So a forward step towards econom- econom economIc Ic c stability In Europe The re- re ot of devastated areas lusion Ill con al expenditures are becoming more nore regular more certain ot of es- es estimation and more possible of be- be i. g tg met through taxation and bud bud- budeta eta approaching equilibrium r however howe loose ends to be In War and debts it in inmany po war pot war t-war governmental many cases remain unsettled SS To To establish the Iho binding char char- character acter of an and to protect Its It own citizens the creditor nation must seek adjust adjust- nL n To keEp good Its word and to give itself time ime to rEcover ta r the nation must determinE Ua its future liabilities No Nc concern can successfully be Sl In the taco t of an demand obligation So we meet 1 e In council nil as business men mento mento to conclude the one matter which Is In controversy between our two countries We were glad to 10 receive the 1111 which France extended to us when we were fighting for tor our independence in- in independence dependence and we we were eager to tomake make luke some return n In Frances rances own great need The war Is III over but we minimize minimise neither the burdens ha has borne borno nor the whIch menace co her future Through the necessity ot of her hr destroyed productivity through postponement of relm- relm bu from the destroyer her present fiscal situation has hal been become impaired tier should make mak 8 for thIs France lo rancE now faces how how- however ever pr all of the facts under a a. strong leadership lead and with the I courage which withstood the as- as vaults nulls at Verdun The Is s not permanent r l France w VII emerge ull from her dl It I es II 1 iA Cg Ci 1 N EN CEI We know this opening today may influence grea greal I Iy the peace ot of the world W WE ourselves cannot escape Its Ie rv percussions Ye 6 feel thereforE th rho great responsibility restIng up ul ulon on 01 us It Is our duty to with you ou a conclusion In the est illation ot of each laell of our people fair Calr and in th practical tent tl r 0 tine thre In the construe the t attitude of at the representative of the two countries who now mee me together tog ther a a. solution will come Mr Minister and gentlemen welcome you here the fhe joint session today was cow com ll l brief lasting only a littie lit littie tie more than an hour It wa however by a meeting 0 c the American commission which it was Indicated was prepared t talk over o the general c among its own members ThE conclusion of the joint set I Ion slon gave the French a test t c 0 treatment by a small army c 0 A news new gatherers M. M Call all laux lock the affair as a matte of course and members of the commission to sl si still 1111 while the pictures were bein made |