Evening star., 1926-01-21
View of President.

orahle adjustment will lie reached i'll
the near future" He believed no
great obstacle would he encountered
in reaching the settlement. since
YOU have only now reiterated the
fidelity Of Your government 10 the
sanctiIN of contract and since YOU
know the spirit of loyal Friendship
IN which the American Debt Fund
ing Commission iS prepared TO dis
cuss the matter
The President asked The AmUaSsa-
dor T" convey to France his "hesl
wishes for the happiness ana pros
per,tV of the great nation which has
s.ood undiSmayed through trials that
woLld have shaken tire coura9e OF 2
country less indumitable
Anba sSador Berenger would nog dis
cuss the suggestion that he brought
with him IRON Paris a new proposal
for settlement of the debt
The Ambassadors statement fol
lows. in part:
with especial regard to the tnan
cial settlement OF the Obligations con
tracted III connection with the late
war Of l9f4-19lS. France again de
clares herself true to the principle Of
the sanctitN cf international contracts
Promptly and Fully
Even in the midst of the difficulties
oi restoration which the ravageS of
the late invasion still cause her.
France is resolved TO settle the debts
contracted foT her defense and for that
Of civilization as promptly and as fully
as her present and future possibilities
Will allow.
France knows that the economic
world cannot be brought back into
equilibrium unless every ona III the
would meets internal and external OBJ
legations by a strict restoration of
credit and OF confidence.
We are convinced that the tradi-
tional friendship Of the United States
Of America will make easier FOR
France progressive and orderly
liquidation o. the obligations be
queathed to her by the last war.
In accepting the letters of credence
President Coolidge took occasion in
his reply TO the ambassadors remarks
to say it was his honest hope thai
a fair and honorable adjustment" of
the FrancO-AInerican war debt will
be reached in the near future"
There should be no insupera BILE
difficulty in arriving at such an ad-
justment," the President said. since
you have only now reiterated the
fidelity of Your government 10 the
sanctity of contract and since YOU
which the American 'ebt Funding
Commission is prepared to discuss the
matter.
Will for Peace
President Coolidge concluded with
request that the amba Ssa dor convey
10 the President of France. the French
government and people his best
wishes for the happiness and pros
perity OF the great nation which has
stood undismayed through trials that
would have shaken the courage of a
country less indomita BILE: which has
surmounted untold difficulties and to-
day is giving proof of it's desire for
peace through son and Justice
rather than through force"
The ambas assa Dor had declared that
the Frech Republic never had ceased
to give evidence of that wish for
universal peace" adding that the
latest proof of this desire was success
ence.
"All that may bring huma nkind
still closer in a common aim of civiliZa-
ton under the sacred safeguard of
international enga gementS and agree
ments." he said. will surely continue
to be offered and accepted by France. =
In this common will for peace,
foresee long years of continued and in.
innate cooperation" President Cool
idge asserted. assuring Amba ssa dor
Berenger that he would be accorded
the most cordial and sympa thetic CO.
operation in the discharge of his new
and important duties.