Evening star., 1925-09-30
NO WORRY ON DEBT
FELT BY COOLIDGE
8orah Repeats View Princi.
pile OF French and British
Payments IS Same.

Ec'teratine his previously declared
srsu.l thxt the French debt 70 the
l-ri1ec States should ne settled ON the
81 me basis ~ the agreement reached
REGARDING the British debt. Senator
Porah OF Idaho. chairman OF the Sen
ate foreign relations committee. TOLD
resident Coolidge today the principle:
affecting French payments in the fu
ture should also he the same. The
Ppe =idert also conferred with Myron
r Herrick American Amha ssador to
tranCe. on The same subject.
Senator Borsh empha sized his oppo
sIrior To the initial proposal of NJ
Caillallx. head Of the French deb'
commission. thai tho tiual agreement
include a security clause. which in A
general way permit4 france 10 ask
fr- new terms if Germany defaults IN
her reparatiOn payments o. IT new
economic conditions arise m france
r-hicl, would MAKE ~ dirti"ult for that
rcpublic to continue its original con
tract
r'e added that he VAS surprised Al
s,rch g proposal on The part of the
French wher they made their hrst
offer 10 the American commission. AND
was equally surprised at their mod''
fcation of this proposal. In his opin-
ion he said there Is no necessity Tor
the American commission agreeing 10
auCh a security clause. Vie contenos
that besides neins unnecessary he ca n
set no wisdom or justice 10 such an
agreement.
HerricL Sees Hope.
Senator Borah said he did moi fthe
70 discuss his ,a,k with the PreS'den'
If any detail other than 10 say that
he was summoned 70 the Nhile
House by Nj. Coolidge. and besides
CELEBRATING his position on nesotiat y
in4 the French debt he gave his opin-
ion OF the negotiations in 40 tar as
they have gone.
In more than ons quarter me con
sersuS was that II is natural 10 sup
pose that President Coolidge received
an entirely different viewpoint durlnS
his French debt talk with Amba ssa dor
Herrick The Anba ssa dor. however
said afterwards that N. dent oues-
ton was not the sole topic Of his con
versation with the President. He add
I'd he talked conditions generally in
France and throughout Europe and
other subjects which he thought would
he of interest
Amha ssador HerriCk declined 10 say
Tor publication just what phase of rhe
negotiations he en,pha sized during his
conference. but he did say that there
is reason to have faith and hope foi
a satisfactory settlement. He stated
that he considers the reaching Of an
agreement as being Of the most vital
Importance not only to the two ma
lions involved but 70 the world in
general.
In his opinion. satisfactory debt
agreement between The United States
and France will contribute greatly
toward economic Stabiliza ton of the
world As for an expression Of opin-
ion upon the proposals and counter
proposals made thus Tar during the
neSotia tons. or as to the proeab BILE out
come. Amba ssador Herriek declined
10 answer
Coolidge Not Alarmed.
Intimates OF President CoolidSe =
contend that because OF these TWO i'm
portant conferences regarding the
debt negotiations the President should
MOI be regarded as becoming alarmed
or disturbed over the present s1tua
tion. Mr. Coolidge is represented as
having given unusual study 10 the
matter, and has been well advised OF
each DAYS progress. Those who are
close TO him say that he has not given
the slightest indication that he Is dis
satisfied with the manner in which
The negotiations have thus Tar been
handled Nor is he believed TO feel
that the progress being made by the
two commissions is unsatisfactory or
Of a nature indicative that they have
reached what is now being described
in some quarters a deadlock.
The Presidents position Is said TO
he aptlv described as being one OF
faith and confidence in the ability of
Secretary Mellon and the other mem
bers of the American Commission 10
negotiate successfully the debt in a
manner that will be generally salts
factory and upon terms which will
make il possible for the agreement TO
be ratified when il comes TO the Sen
ale. Although the President has this
abiding faith in the America Com
mission. and while giving their efforts
his fullest support and cooperation,
the President is not unmindful OF the
fact that there exists not only in
Washington, but throughout the coun-
rry, fairly general feeling that the
French should not be treated too
leniently or literally and that the
Terms era nted them should correspond
10 those given Great Britain. In this
con1ection the President has frequent
lv listened to the views OF Senator
Borah, who has made no secret OF the
fact that he will lead q fight against
terms below he British nda rd whe n
the matter OF ratification comes before
the Senate