Bisbee daily review., 1921-02-05
IF BRITISH FOUND
 UNACCEPTABLE
English Chancellor Says His Country Will Not Again
 Offer Rejected Plan
WASHINGTON IS SILENT
Geddes and Lord Chalmers to Visit U. s. Soon To Settle
 Liquidation Question

BIRMINGHAM, England, Feb. f. = By the Associated Press )-The Brit ish government formally proposed {, cancellation of all inter-allied debts, but the proposals were unacceptable to the American government. said J. Austen Chamberlain, chancellor of the eNcheQuer. in a speech to his con- stituents here today.
 ''TO make them again" Chamber lain continued. would be. I think. beneath our dignity. and would rem der us liable to a misconception of our motive"
 Tn making them" he added. we sought no national advantage for our selves We proposed a solution in which we should have foregone claims larger than any remitted to us. heved it would be in the interests of good relations amongst peoples. the rehabilitation of national credit and the restoration of international trade.
 Our great international debt is due to the obligations we undertook on behalf of our allies. If we had had only ourselves to consider we should have been practically free of exter- nal debt at the present time"
 Washington Silent
 WASHINGTON. Feb. A. (Bv the Associated Press)-Treasury officials refused to comment tonight on state ments of the British chancellor of the eXchequer. J. A. Chamberlain. that the United States government refus- ed to accept British government pro- pcsals that the inter-allied debts aris- ing from the world war be cancelled.
 No mention has ever been made in official circles here of any proposal officially rendered by Great Britain for cancellations of the inter-allied debts. but il was recalled tonight that Sir George Paish, the British finan- cial expert. who visited the United States year ago, put forward some such proposal His mission was not regarded as official and consequently his proposal did not receive official consideration.
 Great Britain's indebtedness. of about Ss. .000 .000. .0OO. is far larger than that of any other of the allied coun- tries but this is explained by the fact that Great Britain herself was cred itor country and disbursed American funds to her other allies.
 When Senator Knox. of Pennsyl- vania. soon after President Wilson's return from Paris. introduced in the senate a resolution proposing re- mission of the indebtedness of all the allied governments to the United States on the theory that the allies had been greater sufferers from the war. British public opinion as inter preted here. was quickly recorded as declining to accept any such remis- sion. So far as is known. American officials are advised that such is still the position of the British govern ment. although that government has let it be known that it would accept suspension for few years Of the collection of interest on its indebted ness to this country.
 It is the expectation here, however, that when Ambassador Geddes re turns about the end of the present month from his sudden trip to Eng land. he will be accompanied by Lord Chalmers. It is also understood that they will be charged with full author ity to negotiate with American treas ury officials for conversion Of the present British indebtedness, which now stands in the form of demand notes. into long time. permanent ob- ligations at a rate of interest cores ponging to that set forth in the Lib erty Loan issues.