New-York tribune., 1922-12-15

ae that French hnancs has been based
N the expectation Of receiving large
.ums from Germany. Bonar Law de-
iounctd the French governments
iolicy Of Imitation under which the in
instfialists have accumulated large
ortunes. lie said that Germany was
Tow very near collapse. and that for
treat Britain 20 make payments on
ier own debt without RECEIVING any
hinr IN return would mean q redae-
ion In The standard Of living IA this
.ountry. Great Britain, he declared,
,ould n.t afford 70 be AZ generous as
oreixn csuntries suppose.
eIf .1easa q the suggested occupa.
ion a. th1 Ruhr." said Bonar Law. we
~ down the general proposition that
qe carrct vicw with equanimity any
etion vhieh seems likely 90 have the
feet not 4 producing reparations out
4 making them more dihe1lt, u not
impossible. 20 collect"
All sections Of the House cheefea
his remark They eheered. too. when
he Prims Minister said that he saw
ittls hope of ary solution unless Great
3ritsin and rranee acted together IN
his mstter Ramsey Macdonald, tnt
sbor leader said IN this connection
hat England must not attempt 70 con
iiiAte Frame BY eountenaneing nef &C.
upa.iou OF the Ruhr.
something Of scene was created
fter the Premier had spoken when
:. D. Morel. the pac.fist returned IN
he Last election. declared that Lloyo
;eorxe. as Premier had led France 70
xpect that Germany would pay the
shoie eost Of the war. When the Tor
rer Premier irtervened with an en-
ihstie denial Morcl rctoTted that az
n c.snts the Welshman had been re-
armed 20 power because OF the eoun-
rvs belief 20 this effect. This re-
nart was greeted with cries Of With
raw"
ut Lady Astcr.
aOsod Job be didn't win you." in
srjested one of the Laborites.
Better ne than you" retorted Lady
istor. Q ssiiy that was greeted with
cmbined cheers and laughter.
LlCyd George then remarked that it
5 customary % accept contradiction
uch ss he had just made or else 20
isprove rs truth. Morcl then pro-
eedtd 20 read an extract from o speech
I the ex-Premicr. Lloyd George, how
YER. protested that only one part Of
ghAt ho had said had been read He
hen read an extract from q speech N
which ne had said that Germany should
1sy % the "full limit Of her capacity.
iut, he added, since his taking part in
uch a general discussion might do harm
q would refrain from going further.
r. said. though, that he cordially
greed with the policy outlined by
'remier Bonar Law.
LONDON. Dec. Il (By The hssoei-
ted Press) Premier Bonar Law, in
m important statement in the House
q Commoas to-day, declared frankly
or he policy Of the Baliour note,
yhich advocated an adjustment Of
ntor-Allied debts b. on ail-around
anceilation, England on her part sur
endering her share OF reparations 70
q paid BY Germany. Thus tho Prime
iinistsr Indicated that the new gov
rnment, despite It's first declaration
hat the Balfour note no longer ex-
sted so far as the present British
government was concerned and that 70
would not consider itself bound b. H.
cells impelled % the same policy as
he previous government.
Speaks TO France and 4. s.
The rest Of Mr. Bonar Laws speech
gas clearly addressed 20 both France
nd the United States-to France q
iIea for moderation ia dealing with
iermany on the ground that that
,ountry Is already on the verge Of
ollapse; 20 America, a call for help
nd cooperation ia settling the Diff
ult problems Of reparatiols and inter
Allied debts.
The Prime Minister showed the Ut
most anxiety that there should be no
nisundefttaudlnR Of British feelings
oward both France and tho United
states. and said that II was only Eng
and's difficult position he vas making
lear. England was bufdened with verg
lerYy taxation. which was clog or in
ustrial enterprise, resulting IN terrible
lnemploymtnt--a problem that made
necessary, hfst, that there should
- no military occupation Of German
erritory, which would further hsndi-
ap European trade without producing
-esuits in cash, and, second. compelled
lim frankly TO face the fact that Eng
and was unable 90 pay the American
lebt u she received nothing from Eu-
opc.