Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-01-27
ALLIED DEBT BILL AGAIN
SUBJECTED TO DEBATE
Majority Party Leaders in
Senate Expect Vote on
Measure Today.
JOHNSON OPENS ATTACK
California Senator Assert. II Foreign
nond> Are Sold TO Americans. There
Would lie Constant Pressure Upon
the Government.
tBy Associated Press. ]

WASHINGTON, Ian. 26-Thc allied
debt rcfundins bill was subjcctct
again today to running attack from
both the Republican and Democratic
sides Of the Senate. and was defend
cd ut some length by majority party
leaders. When the Senate adjourned,
the end Of the debate was not in sight.
but those In charge OF the measure
thought a final vote might he cached
tomorrow.
In the first vote on an amendment
to the bill late today an amendment
was approved providing that the re-
funding bonds should not bear in
tcrest Al less than ia per cent. The
amendment was suggested by Sena-
tor Simmons. Democrat. North Caro-
lima. as a substitute for the original
Finance Committee amendment. which
would have provided that the rate
OF interest should be not less than
that provided for hy existing law.
Johnson Opens Attack.
The attack on the measure today
was opened 10y Senator Johnson. Re
publican. California. who warned the
senate mat If the reported plan of
'"c administration to cell tho foreign
poi'ds 10 the American people was
carried out, you won't need a league
"i nations To drag YOU into every
'mproGiio across the water With
inc bonds distributed among the roo-
PIE, he asserted. there would he cor
slant pressure on the government, IN
''er'ere IN the affairs OF tho debtor
nations
supporting his amendment, ro-
"u'''"S congressional approval of
s'e"tS entered into with the deb
n"''ohS hN the proposed debt re-
''''"s commission. the California
senator SAID Congress was Responsible
10 me people ana should NOT sur
ienucr us power to supervise tho doh,
iei"huinE. In this connection II. ~,
tracked the secret sessions Of ina
conference. declaring tina, e, ro.,, 49,.
al 'h"nent program" would Inv. 80
suited had the sessions boon boI., +,
."e open for one week after So,ro,
ii"SheS had made himself -
ms mas'erful presentation ~ ,a
norid' OF the things America womI,,
n.s"n Opposes Amendment.
- CpposihG the Johnson nmor,I,,
senator Watson, Republican indi., .u'
lhat vote OF The S.n,,,
~ accept 1t would be no,h;n,, i"s.
vote of lack of conGdcrc.,
e PRESIDENT OF tho United Stotn. p"
$50 horah. Republican. Idaho
~ issue with the Indiana soma
.oi. declaring that Congress Ma
auseu the creation NJ tho d.,, 49,,
- ~ was responsible to thu non,i.
ior what happened to II.
senator Watson told Tho co,
ma, ,h"' the Secretary of the TrraSm-
""u authority 10 refund that nnr,i,,
oi me foreign debt represented ~,
u'FeCt advances from the Trca.,,,.,
20 inc allied nations. bu, thai ~,
~ NOT nave the authority To rcr,,,'d
".icrred interest aud tho otL.-
satiphS growing out OF the saIc
.,,n,,,I van war material and relic.
nations az" "'hvT
senator's Glass, of Wright,
toFmer Secretary of the Trnnsur,
ana simmons, OF North CaroIin, hn,h
democrats. contcndcd that ,bc .
'e'ary mad full authority To- rcfn,,,
'ne deferred interest. Chnirn,",
nc uihb"r Of tho Finance Conmi,t,.
~ charr" o: The bill. disputed This
,"u'oHNon 10th h- ana Seuaio,
watson also urged that M. I-,i,.l
states should not ms!s, nm,
!uHnen bonds bear the sam. condi.
Mons as tho American Liberty bonds
a. FoNia,d by present Law. They
ga" conditions in.;.iko world had
changed and tha, L. ptcscnt Sit.
uat!oh should he taken into no..
CONT !" the refnnd!ng negotiations.