Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-12-28
BRITISH TREASURY
CHIEF is ON WAY TO
ADJUST WAR DEBT
Believes Success in Obtain.
ing Easier Terms General
Settlement Factor.
BONAR LAW TO MOVE
TO END EUROPE'S CHAOS
Seizure of Ruhr Distric: by
France Early in Year
Forecast.
WILL FORCE HEAVIER TAxEs
Action IL Berlin's New Tenders
Arc lnsuffSfncforr
BONAR LAW TO MOVE
TO END EUROPE'S CHAOS
WILL FORCE HEAVIER TAXES
Loh"on Expected To Agree to Paris
Action IL Beriin's New Tenders
Arc tnsutisfactory.
by John r.. burke,

Universal Service STAFF Correspond
ent.
LONDON. Dec. 27.-"If am sue
ccssful in persuading the United
states government to come TO per
inan"nt settlement terms for the re-
payment OF our debt OF s56.Ooo. 900
honndH. through the funding and OBJ
Iaihins OF an easier rate OF interest.
! nope that America will also take
kihdiy TO much more important
mission which Premier Bonar Law T..
shortly to undertake for a final repa-
rations settlement"
Significant Parting Words.
Those were the significant parting
words oi Chancellor Of the Exchequer
Stanley Baldwin. discussing the OBJ
Jec's OF his mission to the United
states' Just before boarding the Ma
JeStlc for America today.
The Chancellor OF the Escbeou.r
leaves for America as dart cIa,,d .
are gathering again over the failure
OF Germany to deliver 10 France so. :
ooO cubic meters OF sawn timber and
-oo'ooo telegraph poles. Undoubtedly
he meant that he Is hoping for Amer
lca support Of the attitude Of the
British Premier at the Paris confer
ence OF Premiers next Tuesday.
IL Is the general belief here tina,
unicss Germany at that time presents
acceptable guarantees to make rem,
rations in money and in kind. Britain
VIII agree to the French seizure of
me kmhr. when. through the imposi-
ton of taxes on all industries. France
may force payment OF practically tho
whole Overwhelming Indemnity i'm
posed by the treaty OF Versailles
Hns Broad Powers.
another important admission by
the chancellor was TO the effect tbs,
ne has FUN powers not only to set
Tie the debt question. but to take
UP inc question OF calling an eco :
nomic conference which naturally. a /,
briusher, he said he would wei :
He further declared that h, would
see the President as soon as he c.u
after his arrival at Washington. add
ing:
1T is of supreme Importance to Eu
rope that America should have a ss ?
IN the many perpieXing matters now
tHsa sihS the attcuticn OF statesmen.
inc chancellor, like all publicists.
strongly farors Senator Borahs ide.
OF world economic conference TO
De heid AT Washington or elsewhere.
Does Peace Grave Hurt.
The London Daily News. IN an edi
torial for Thursday morning. charges
france with doing the sravcst pos
Sib!e injury to the cause of peace"
She is rous;ng anxiety, she Is an
saSonizing America and helping TO
Keep Europe i'll at case. She is more
auliS armed than before the war"
adds the editorial.
4 reasonable settlement with Ger.
many would do more to establish the
security of France than all the GEN
erals and armies she could ever hone
it,"
The Daily Chronicle, denouncinc
the tricky French tactics" declares
that the move to declare Germany a
defaniter is directed not against Ger
many nut against Britain. and
warns Premier Po!ncare OF the disss.
trous consequences of A rupture OF
the entente.