Show MADE AT DEBT PARLEY TERMS AGREED UPON TO COVER A PE PERIOD 0 BOTH LEADERS compromise negotiations for far Settle battlement mt of entire debt will lie hd all 1 let lter adte mm sm caillaux Is pleased with cents Con fernc tilot met bet flair th the french was debt ended hwe when ban french finance minister cail cad IND greed gd to place belam before lit hi KOV gov eminent at is temporary arrangement v eving period of five beare th the french file finance minister do did it not armament agreement because becoat im sign xa so ironbound he questioned his him nes own authority to do bt holding that he Z waa empo empowered Wend only to settle the debt in full under the proposed arvar arrangement geme at france rec would pay 10 a your year for far the next at t faie year acara suit and would re aume eume negotiations tUn far or fall ull settlement 1 during that time when conditions condition warranted th the payments payment would be considered as full interest on the total debt lab t it was explained by secretary mellon in that if the french government ap P proves the arrangement a reopening of the dimp discussion sion AN aa to permanent net tet act ill cut r would 1 b be obligatory a on the french mr mellon was disappointed th that at nothing more man came out of the week long conversations here but he so said I 1 a that a better understanding had ro bulted limit M caillaux also IN appeared speare it ch cheerful even bevc though he had failed to actina ilish what his him mission had bad set get out cut to do th the sessions apparently werm were completely devoted to the effort to place to in effect an S agreement gc no ant wh which ch would prevent complete disruption of the negotiations g tou th the ap pp proposed cd arrangement was as tie de bad by secretary mellon as a a temporary solution finance minister caillaux in taking lm lg l g action of his hia government said we would have been sm ae happy to reach a final agreement grel which huh within th the touch limit he has indicated the minister t or of finance has been in trusted to sign the T he arrangement you yen now new propose bears bean a provisional theme charac ter to which has not at been be contemplated cont buted by the government governa cent of the republic consequently being as a dc desirous N as AN you are am not to interrupt the be negolia which mount cannot fail to reach an agreement the minister a of f finance finalle con can do no more am than to submit to his has colleagues of the french eminent cabinet in pan the proposition which you have made do and he be will do him hia utmost to give you an answer swat as am soon its aa possible his the final french offer which was rejected the statement disclosed pro r tided prance french should pay 10 40 density annually a for or the first five yeara ye ia 0 annually from the following aeden a years and ad annually by tor for the easy fifty six bit years year thus dreading the payments over corer sixty eight years there being important condition B attached to this proposal wh which ll 11 eh rendered these payments a un certain in in the view ol of th the american america commission ad the total day payments of TD ti implied a a re return turn ol of the is pr prin cipal ot of the debt and it bove somewhat hat leas leam than I 1 per par cent per annum |