Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-06-02
DEBT AGREEMENT
GIVEN APPROVAL
General Satisfaction Ex-
pressed in Official Circles
of Washington.

News OF the settlement Of the German
reparations problem. received here yes
terday. gave general satisfaction In ad-
ministration, official, diplomatic and
congressional circles. The fact that a
definite understanding had been reached
was received with qualification even
among those who do not like the terms
OF the agreement themselves.
The prevailing feeling here is that the
failure of the reparationS conference
would have been calamitouS for Europe
and for the rest of the world and that
1t might have had results Of the gravest
nature. On the other hand, the mere
fact that there has been an agreement
is looked on as calculated to work for
stabilized conditions and peace and to
promote the well being not alone Of
Europe but Of other countries.
It is expected to have q tendency to
remove the jealousies and bitterness
which have been manifest in various
ways as between Germany and some
of her late foes by reason Of clashes
over reparations and some OF the pro-
visions OF the Treaty Of Versailles.
Await OficiaI Text.
Diplomatic and official circles pre-
ferred to give no public comment on
the settlement until the official text
had been received. Absence of many
House members over the week end also
tended to cause silence in that direc-
ton. High officials and diplomats prt-
vately, however. expressed the belief
the settlement was fortunate and would
bring on an era Of good feeling and
prosperity in Europe.
A number Of prominent members OF
the Senate declared themselves much
pleased over the fact there had been
that
makes for better understandings In
Europe and that the financial and
other effects the world over will be
helpful.
Senator Claude A. Swanson, ranking
Democrat on the foreign relations COM
mittee, said: "It is very gratifyln@yhat
the allied and central powers of Europe
have come to an agreement on repara-
tions. It means an insurance OF peace
among these people and the financial
and industrial stability of Europe. This
favorable condition in Europe will be
most beneficial to the entire world.
think that the world is to be congratu-
lated on the successful contamination
Of these negotiations. Owen D. Young
is deserving Of the highest commenda-
ton for the patience, skill and ability
he has displayed In accomplishing
these wonderful results"
Sees Good Effect.
Senator Simeon D. Tess of Ohio,
Republican, said: 81 cannot speak with
full knowledge Of the details Of the set
Element as I have not yet seen them.
But to me the most important thing Is
that q definite understanding has been
reached. 80 long as the situation was
unsettled and indefinite, it had serious
possibilities believe the announce
ment of a definite settlement will have
q good effect both in Europe and IN
this country"
Senator Sam G. Bratton of New Mex
leo, Democrat, member Of the appro-
priations committee, said: News OF an
agreement on German PREPARATIONS is
gratifying. It will have q good effect
throughout the world"
ton. Republican, chairman of the COM
merce committee, said: II am glad to
hear an agreement has been reached.
It should have q good effect financially,
industrially, commercially, morally and
in every way possible not alone in Eu-
rope but in this country and through
out the world"
Senator James e. watson, Republican
leader of the Senate, said: THE an-
nouncement that an agreement has been
reached Is gratifying" 90;
Senator William Z. Borah, Republic
can, chairman Of the foreign relations
committee, said he did not desire 10
comment.
Some Dislike Terms.
While the general expression. among
Senators Is one Of satisfaction tnat an
agreement has been reached ana the
uncertainty Of things in Europe arising
from the suspense over the separations
problem has been removed, there ID py
no means entire commentator OF the
terms Of the settlement. Those VINO
take the view that Germany alone can
not be held responsible for the war
maintain that Che terms are too onerous
liuon that nation. They also say that
the present settlement will no more
prove to be permanent than the Dawes
agreement and that in the course OF
the next or 10 years, as Germany
feels herself stronger, she VIII oemano
A revision of the terms and insist on
aetting them or, perhaps, even refuse
to nav unless there Is revision. From
this point Of view, the agreement is
looked on as only another temporary
adjustment. which will serve for the
present to quiet down agitation.
It Is pointed out that the German
reparations has not been linked up with
the settlement OF the allied debts to
this Nation arising from the loans anu
advances made to the allied powers IN
the war period. Now that the repara-
t,ons agreement has been mace II "a
nointed out this country Ia
stronger position WIN re ~ ths french
irving ct settlement Oh the frei'"
debt.
RI WING GLASS INJURIES