Evening star., 1925-10-03
Makes Final Appeal to
"Heart of U. SEX
presses Disappointment.
BANKERS AWAIT WORD
FROM KELLOGG ON LOAN
Request for s1co,coo,ooo This
Winter Had Been Expected
From France.
Hr the Assnrinted Press.

bv the ASSOtldleu lTfSS
NEW YORK. October 3.-After
hnal appeal to the heart of America
Joseph Caillaux minister of finance,
and members of the French debt com
mission were sailing back home today
on the liner France.
"Grieviously disappointed" over
failure to effect settlement OF
Frances $4,000. .0o0,0 900 debt. NJ. Call
laux said his country would do every
thing within the limits of her strength
TO pay the debt. He said he might
return to Washington i'll six months
to resume negotiations. Tears Weiled
In the eyes of the statesman as ne
spoke last night in reply To tributes
10 France from Nicholas Murray But-
Ter. president of Columbia University,
and Ambassador Myron T. Herrlck at
a testimonial dinner at the LotoS CluD.
There is something higher than the
question of interest between men ana
between nations" NJ. CaillauN SAID
and that something is the common
friendship between our peoples. 10
the heart of America l appeal with
no other thought than to ask all the
people of America to look at my coun-
try with the same sentiments express
ed here.
I'm settling our obligations, be as
sured that we will do what we must
to the limit of our strength. My coun-
trv is a country of labor. country
of pride. We will do everything we
can
Uncertain OH Action.
He was uncertain whether the
French Parliament would accept the
fiye-year temporary agreement with
paymentS of Si0, 900 900 q year pro-
posed by the American commissioners
He had power only TO sign Il complete
funding agreement, he said.
DR.. Butler promised every aid to-
wards Frances economic recovery.
No two modern nations, he said, had
more in common than France and the
United States and despite timor0uS
politicians and sensational journalists,
settlement of any issue would be made
with sympathy, mutual Misunderstanding
and forbearance. Since the fall OF
Rome, DR.. Butler said. France had
borne the brunt of attack and civih-
zation forever would be indebted to
her.
He proposed a toast "In strict OBJ
servance of the law to President
Coolidge and the President of France
Mentioning the rolling country OF Bur.
gundy, he sighed: THAT name of
happy associations of long ago.
And NJ. Caill3uX few minutes
later remarked:
Il am not sure that my eyes were
not wet when you spoke of Burgundy,
but | know my lips were not wet.
What God hath Joined in the blood
of French and American youth in two
years." Ambassador Herrick para
phrased. Let not money. poison gold,
politics or propaganda put asunder.
NJarl, of SIorS Effects
The disappointment, voiced by NJ.
CaillauX. was manifest in Washington
and Paris. the stock exchange and the
bOurSe, where the franc ana Frencn
bonds slumped
President Coolidge, though he ear
nestly desired a final settlement, be-
lieves that the American commission
ers made every possible concession. He
regards the temporary proposal as CIV
ing a breathing spell during which
France will improve financially and
economically. 1t also leaves a way for
resumption of negotiations at any
time.
Members of the French mission
were divided. Deputy Lucian Lamou-
reux said he would oppose the Ameri
can offer "ferociously." Senators Bo
rah. Walsh of Montana and Curtis
held much the same view as PreSi-
dent Coolidge.
Bankers are in a quandary. They
said large volumes of French loans
might be held up indefinitely, and are
nnXiouSly awaiting for Secretary kel-
logg to clear up the Governments at
titude toward new French loans. Prior
to the conference France had been
expected to ask for a 500, 100000 loan
this Winter.
Expects Huge Loan Requests.
Former United States Senator ].
Hamilton Lewis of Chicago, returning
from the League of Nations assem-
bly, at Geneva, said France, Italy, Po-
land, Greece and Rumania would
seek loans totaling $500, 100000 in the
United States when debt settlements
were effected. He was counsel at
Geneva for several small nations.
Press comment in London Is to the
general effect that the temporary ar
rangement between France and the
United States will react unfavorably
in the matter of Frances debts to
Britain.
The French papers approve the
stand of NJ. CaillauX in rejecting "un-
necessarily hard conditions"
There was a difference of opinion
among French writer's, who accom-
panied NJ. Caillauxs party as to the
acceptance in Paris of the five-year
plan.
"Pertinax," noted writer, said it
would be accepted within week.
Another writer said that NJ Gail
laux did not know whether he would
be met with stones or cheers.
pESI-IT CpaTJEJES pApUc