The Washington times., 1922-12-17
Administration Certain to
Avoid Discussion Of Debt
Payment In This Connection
By GEORGE W. HrNldAN, JR.
Univsssal Service stssf Cssyss,>vasnt.


The Harding Administration
wishes at the same time to
avoid any appearance of try
ing to force its ideas upon
European nations.
On the other hand, the situa-
don 10 believed to warrant the
view that European nations are
forcing their problem on the
United States.
The whole situation was consid-
efed at q conference between Presi.
dent Harding and Secretary Of State
Hughes at the White House late
yesterday afternoon. Neither the
Executive or Mr.. Hughes would dis.
Any solution offered by the
United States, 1t is asserted, will
have as its immediate purpose
the placing Of Germany upon .
sound economic and political
BASIS. Unless Germany can be
made to function properly, the
Administration believes, there 10
little hope Of saving Europe from
financial chaos.
LOAN TO GERMANY.
4 loan to Germany. protected by
adequate financial and political
guarantees, would carry with II the
prospect Of European recovery, &C.
cording to the view held in certain
circles. From the American stand
point. the consideration of such q
loan involves three essentials which
must be .determined. upon before
any such solution can be offered BY
the UnitA6 States. I
Thsse three essentials are: ,r
First. the amount Of the loan. =.
Second. the financial security.
Third, the political guarantees.
The three aspects of the sus.
gsstsd loan are receiving profound
study both at the White House and
at the State Department. DR.. Otto
Wiedfeldt, German ambassador at
Washington. and the sources OF In.
formation at the disposal OF the
0ermtn embassy have BEEN utilized
both by the President and by Sec.
retary Hughes. @
The President also has SHOWN q
keen interest in reports made by
trained Observers returning from
Europe. The President himself, II
10 Understood. inspired the order for
the return Of George Harvey. Am.
srtcan ambassador to Great Britain,
whom he desired to consult per,
sonally regarding conditions over
DIFFERENCE OF VIEW.
The critical situation In Europs
President Harding has been inform,
ed, 10 made all the more critical
by the fact that the nations most
deeply involved are utterly unable
to agree among themselves on 1
solution. Qerm&ny 10 regarded a.
the key to the solution.
Germany, II 10 pointed out, doss
net functicn economically. JhS
French maintain that Germany
refuses to functior. and Germany
rSPlies that II cannot function.
whichever statement 10 correct, Il
u asserted. the real problem % to
brins il about that Germany does
thus fir the victorious allies
have beer unable to agree upon
what should be done to put Ger
nSny on its fest. From one Afnsri.
can viewpoint the French have
sought 70 accomplish the impossible
taSk OF making Germany function
md af the Same time preventing
Germany from functioning an 5
sound economic basis.
whatever plan y offered BY TIE
Ukited statss. Il y hslisvSd, not
0aly must ~ sound of itetR. but
aiSo must b put tofwsrl q : time
When nuropsa9 natscas yll p n
Sfem ths otendpolnt oi thSlS 0wA
rliificG AM S0oulnnjc esplpe ticne
Tor this rsAes4. the AAmlnibtrs stiop
a. devutink espiUiAl attention 70 3
oou6ideretion q tn attitude of Eu.
roS1an nAtions. - long - ths9s
nHflorss eeSm to ceneider The preb-
80 a. : etfuGoie among thSmsSlvse
~ ecoH6antc ana political advantage.
- United states, Il ID Aaid, win not
m1{1r any solution. Any plan Of.
Seeud under such circunactaAoss, Il
= folt. would b rscstved with re-
SSsfnat tolernnco.
- seen, hetsxsr. ~ Europe shosts
itssIf n : pScpsriy receptive mood,
tK1 Unittd Ststss Win bs ready 70
efSw its sugwestionb. The AWSrh
cSn Government has no intsntioa
~ eIlowine European nations to uss
~ cfSr - > means Tor opsning 2
6iscuseA q intfsnstsensi indSSt<d-
:TISH ienG 4 WIN - bsSsrs N.
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ssrsSf ~ AiHSfie1n tsopejsiS wiii
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