The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-02-13
YOU HAVE TO PAY UP
That Is Subject of Answer;
Others Offer Alibis-All
Must Pay--Edict
SENATORS HEAR THE STORY
Agree With Secretary That
All War Bills Must BE Set
tied; France Started II
By }. BART CAMPBELL
a. y =. STAFF CorrcspondcntJ

NGTON. Feb. - Repeat
cd efforts by the British government
To have the United Statcs govern
ment to agree to a cancellation or
remission Of tho $4,000, 100000 war
loan made by this country To the
British were revealed today ny Sec
rctary Of the Treasury Houston to
tho senate foreign relations COM
mittcc when he appeared before 1t
Ia protractcd executive session.
Houston was understood to have
dcscnbcd in dotail several successive
and distinctive moves by the British
government to persuade him and
other officials OF the United states
government not to press payment of
either the interest or principal due on
the tremendous aums Great Britain
still owes this country.
They Must Pay, Ills Reply.
Secretary Houston said he had
firmly but politely informed the
British they were and would bo cX-
pcCted to pay up and he, at secre-
tary OF tho treasury. could not and
complying with the British requests
for "A cancellation or remission OF
Great Britains indebtedness 10 this
country.
senator Hitchcock. democrat Of
/ NebTaslS when lac emerged from
tho secret scssiOn before IL ended.
said he had been favorably "im-
! pressed" by Hpuston's explanation Of
how he had denied Great Britain's
continued and mslstrnt demands
Mr.. Houston told US he informed
the British that they would have TO
pay up" Hitchcock added. ~ con
slider hiG handling Of the matter as
very satisfactory
IIouWons explanation" Of his
corduc. Of tho treasury departments
foreign fiscal policies was also de-
clarod by Senator Lodge, republican
OF Massachusetts, chairman Of the
oomndttce. to have been cmincntly
satisfactory.
Hritain Not Alone.
II was also asccrtHined IIouWon
told the British government IL has
not been the only European nation
urging the cancellation OF the bill
lions loaned by tho United States to
her associates in tho world war.
The proposal for pooling OF the
war debt. and the suggestion tho
! United states not exact payment OF
principal or interest of the enormous
sums due her. was originated by
! France at tho peace conference.
| Houston pointed out "and have been
going on ever since" he added.
France has been the leader all
along in negotiations to wipe out her
| Indebtedness, members of tho com
mittco stated.
/ while the committee adjourned
after listening to Houston behind
| closed doors for more than three
/ hours, without taking any action In
/ the matter. the consensus Of opinion
among it's members was that any
/ further proposals or suggestions to
Tho Same end should and must be
turned down.
No Chance to Duck.
"rhey must and shall pay. was tho
burden of statements made privately
I by committee members,
questioned regarding his purpose
/ to make additional payments Of
credits already extended or com
mi'iments at ready made with
France. italy Czechp SlOvakia.
/ Greece and Liberia, Houston admit
tea that as he had previously done
before the s"nate Judiciary COM
mitt'o. It ~ VERY possible such
payments viii b" mad'.
lie repeated his plea, Il was an
dersiood that 1t would he VERY uu-
fortunate" II the United States gov
ornment were not 10 meet certain
financial Obligations II was under 10
France. italy. Czccho- s loyakia,
Greece and Liberia.
Pressed as 10 the amounts Of these
obligations, Houston estimated 81
was said about $4,000, 900 but stated
o., thought Ldlf of this amount
would be Sufficient 20 meet tho ppv
mcnts or credits hr contemplated
making befOr" his retirement from