New Britain herald., 1923-12-13
LETTERS REFLECT
 HOPEFUL FEELINGS
J. s, France and Germany Op-
 timiStic on Preparations

| Washington, Dec. 13 = In the in- terim while the appointment of Ameri- cans on the two expert committees of the reparation commission, which will inquire into Germany's financial sit uation, was being awaited here, the state department made public today correspondence exchanged between Louis Barthou, French delegate on the reparation commission. and Col. James A. Logan, American observer with the commission, as well as a communication from the German am- basSador.
 The correspondence had to do with the committees of experts to be es- tablished by the commission and pre- pared the way for American action under the plan. Steps looking to the appointment Of Americans on the committees are looked for in Paris, as the Washington government, if it has knowledge of any selections, has not revealed it.
 The state department made public the correspondence as. follows:
 Paris, December 5, 1923. My Dear MT. Logan:
 T have just had conversation with our colleague, Monsieur de la Croix, upon the observations which you have exchanged. In order to give you more definite information and to clear up points which might leave doubts in your mind, we desire to furnish you with more precise de- tails.
 Work of Experts
 'The first committee of experts will balancing the budget; (b), the meas ures to be taken to stabilize the cur rency. Concerning the stabilization of the currency the experts would be in- vited first of all to determine the con- ditions to be realized in order that currency could be stabilized and then the measures to be progressively taken so as to realize all of these conditions.
 AS the stabilization of the cur rency necessitates budget equilibrium the expert would similarly be invited to study in detail the receipts and the expenditures of the reich as well as of the different states.
 "The reparations commission would ask the experts to give it in all sin eerity their professional opinion on the questions submitted to them.
 Monsieur de la Croix and hope that it may lead your government to aequiesce in the acceptance of invita- tions by American experts 10 partici- pate in the labors of the. committees. Furthermore, if you accept this sug- gestion I am quite prepared to sub init it to the reparation commission.
 Accept, etc.
 Signed Louis Barthou."
 Logan's Letter
 Paris, Dec. 12, 1923. My Dear Monsieur Barthou:
 'l have not failed to inform my government of your letter of Dec. 5th. My government Is deeply interested In the economic recuporation of Europe and is gratifed to learn Of the proposal for the establishment by he reparation commission of two of experts for the pur- pose stated. My government notes LIE sldl'lnsHt III sOuT Itllef that the l first committee of experts will cn- | 1eavor to find: (a), the means of bal | incing the budget of Germany, and | Ib), the measures to be taken to | stabilize it's currency; and that to this md the experts will be invited to de- | ermine the conditions to be realized | n order that 3 currency can be stabilized and the measures 10 he taken 30 as to realize all ,f these conditions, and also that they will he invited to study in detail the eceipts and expenditures of the reich IS well as Of tho different states.
 Tt has been made clear in our in- erviews that the government Of the jnited States Is not in position to be epresented on these committees but ny government believes that tho pro- 'osed inquiries will be of great value nd if views with favor the acceptance y American experts of invitations to in the work of the com 1ittees.
 ''lt is hoped that through these practicable and just solu- ions Of the pending problems may be ound. Accept, etc. (signedD James A. Logan"