The New York herald., 1922-01-31
SENATE REJECTS
FUNDING CHANGES
Borah Charges Powerful
Influences Seek to Can
eel Allied Debt.
URGES FULL PAYMENT
Idaho Senator Says Discre-
tiOn Must Not Be Dele
gated to Commission.
VOTE LOOKED FOR TODAY
Republican Leaders Extend
Time to Head Off a Pos
sible Filibuster.

Special Dispatch to THE NEW YORK HERALD.
New York Herald Bureau.
Washington, ID. c., Jan. 30.
Several amendments to the allied
debt funding bill were rejected by the
Senate to-day. and final action on the
measure is looked for tomorrow.
Test votes indicated that the bill
will be passed in its present form and
the numerous amendments, mostly
proposed by the Democrats, will be re-
jected. including the one suggested by
Senator slmSious On. CO providing
that the interest from the fund be ap-
piled to the soldier bonus.
Efforts were made by Republican
leaders to dispose of the measure to-
night, but when it became evident
that the Democrats were disposed to
filibuster adjournment was agreed to
until IL o'clock tomorrow.
BY vote of "A to 36 the Senate re-
jected the Johnson (Cal.) amendment,
which provided that the findings Of the
proposed war debt commission should be
sent to the Senate for ratification or re-
lection. Seven Republicans Joined the
Democrats in voting for the amendment
-Borah, Brandegee. Johnson. La Fol-
lette. Moses. Norris and France
williams Bolts Party.
One Democrat. Senator Williams
(Miss.) bolted the party, which caused
much surprise. He said he could not
find it in his heart to drive a hard bar
gain, zone like that made by a cold
blooded money lender. when dealing with
our allies in the war, with nations who
bore the brunt of the struggle to save
civilization"
Senator Williams added that the fund
ing of the allied debt is not a partisan
question but a great international ques-
ton, and in dealing with our allies we
should manifest a generous and chival-
rous spirit"
BY viva voce vote the Senate ac-
cepted the committee amendment maxi
ing the. minimum interest to be charged
to any of the nations IA per cent
The amendment providing that the in
terest be paid annually or semiannualiy,
proposed by Senator Simmons, was re-
jected 40 to 80.
An amendment by Senator Reed
%.
the interest should not be deferred be-
yond two years was defeated. "A to 33.
Another amendment proposed by senator
Simmons authorizing the commission not
to defer interest payments beyond three
years still is pending and was before the
Senate at adjournment.
Accuses Financial Interests.
Senator Borah (Idaho) in the debate
said that European Governments, packed
by powerful financial interests on both
sides of the Atlantic, do not consider
that the $1,000, 100000 war debt to
| America ever should be, paid. he de-
clared the question abroad was not one
of payment" but zone OF postponement
until the debt can be cancelled entireiy.
Europe feels that the public nina OF
! America would ultimately yield to the
wisdom of .cancelling the debts" he ex-
planned. London newspapers even now
! are saving 1T Is too soon to expecs
| America to cancel the debts. while
never discussing the payment of them.
| THE british press reflects public opinion
abroad"
senator Borah said only one London
| navsnaper had contended that Great
Britain should pay her war debts to
| America.
"The others are omnously silent or
| discuss postponement of interest pay
nents." he added. 'The best way to
notify these debtor nations that America
| expects them to pay their debt is TO
| collect interest every sly months. This
will be notification that the people OF
the United States expects the debts to
be paid"
] nh Not Favor LOQn.