The Carlisle independent., 1921-03-03
ALLIES WILL PAY AMERICAN
 LOANS
Win Settle War Debts Owing United
 States, Lamont Declares

Win Settle War Debts Owing United
 States, Lamont Declares
 Philadelphia.-All the allies will gay their war debts to the United States, Thomas ". Lamont, partner in }. P. Morgan ( O.. who was one e1 the United States Treasury represen- tatives on the American commission to negotiate peace, declared before the Philadelphia Public Ledger Fo- rum on the pesce conference.
 "I note . constant reference to some alleged secret understanding ar- rived at iA Paris" said the finsncier, "betwsen President Wilson and his advisers on one hand and the French and British representatives on the other. to the effect that allied indebt- edness to the United States should in whole or part be cancelled or forgiven.
 There aint no such thing From start to Anish of the peace conference Psesideat Wilson and his advisers without exceptien, opposed vigorously and finally any such suggestion or proposition sf cancellation. There vas no commitment, expressed or in- terred. near sr remote. moral or oth- srvise, as to the handling of the al- lied indebtedness to tho United States government. All the main facts in the suggested arrangement for the sub stitution ef German for Belgian bonds were made public At the tins.
 10 InpsFtsnt Questisa
 'The whe3e question of information d debts in . nest important one. The American people must, in the last analysis. determine it upon the princi- Dle of what course is best calculated te benedt the world ss . whole, in- cluding America"
 Depreeisting Americas lack of rep rsseutatieA on the permanent repars- tisns eomnissien, Ar. Lamont said:
 This commission in my judgment has been iA . considerable measure responsible fer the lamentable delay that has occurred in fixing the amount of German indemnity.
 "Our faiinrs ts name . delegate for this conmiseiea has been not merely. . great disappointment to our former asseciatea iA ths war. but has, bs- isve, bssA larsely responsible for the continued economic unsettlement in Europe with its unfortunate reflex upon our swn industrial and coumey- eial business.
 Ar. LAaont dealt extensively with the discussiens st Paris and the rea- scns for the decision to establish Q IeEmaaent Repsratisns Commission. He questioned the wisdom of Lloyd Ceofge and Clsnenceau in insisting upon such AisA Asures from Germany, naintsiaiAg that the popularity of each wAs e great 1t the tine that they csald hays eutridden, or even DFshted D. tas political storm which would have resulted in their countries had they besa willing to agree to . saaller agure, which Germany could have paid aad which would have gone far toward set*liag the world's eco homie condition.
 Hew InAsnnity Was Fixed
 He told hsw Gsaeral Shuts finally convinced PSsideat Wilson that pen siaps should be included in the repars- tion bill Ssme sf the experts, he said gathered in the president's library and explained ts hin that they could not find q single lawyer in the Ameri- can delegation who would give an opinion in favor of including pensions. and that all logic was against it.
 Logic. Logicw Mr. Lamont said the president exclaimed, q don't give 2 dam for logic. I am going to in- clade 4snsinq."
 fhere was not ono of us in the room whose heart did not beat with a nke 1eenn8s oeld Mr. Lamont.
 Lands Mr. Wilson
 Z T 'm going to take this opportuni- ty." he continued, "to say . word, in general, as to President Wilson's at- titude at the peace conference. He is accused of having been unwilling to consult his colleagues. never saw man more ready and anxious to con- plt than he. He has been accused of having been desirous to gain credit for himself and ts ignore others. I never saw . man moro considerate of those of his eea1jutors who were working inmsdiately under him, nor . man more ready to give them cred. # with the otler chie1s of state.
 : ~Pfesidezt Wilson undoubtedly had his eisabilities. If it came to horse frads Lloyd Ceoree could undoubtedly have 'out- -joeitoyed' him; but it seldom reached such situation because Pres-