Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-09
YOUNG NOMINATED
PERMANENT HEAD
OF EXPERTS GROUP
He DemurS, Recalling State
ment Attributed to Coolidge
on Craftsmanship.
PIRELLI, ITALY, IS URGED
FOR POST BY AMERICAN
Desire for Impartiality Seen as
U. s. Men Sought Belgians'
Views on Arrival.
BY the Associated Press.

BY the Associated Press.
PARIS, February 9.-The committee
of experts who have gathered here tc
take up the great problem of repara-
tions revision got under way today with
an informal session at the Bank OF
France, during which the question OF
q permanent chairman was the most
important to come up.
There was a strong feeling that
Owen D. Young of the unofficial Amer
lean delegation should take that post
and it was semi i-off1cially learned at
the close of today's session that Presi-
dent Coolidge is to have the final say
whether Mr.. Young should accept the
presidency.
In the course of the discussion of the
preliminary measures of organization,
Jean Parmentier. French delegate. asked
recognition of the temporary chairman.
Emile Moreau. governor of the Bank
of France. and proposed Mr.. Young as
permanent chairman.
u. S. Expert Demurs.
The noted American expert. who
played so prominent part in the de-
.velopment of the famous Dawes plan,
demurred, saying that, in view of a
statement attributed to President
Coolidge a few days ago that a
European and not an American dele
gate should be chairman. he felt he
could not accept. He proposed instead
another delegate. Alberto Pirelli, Italian
delegate. is understood to have been
the man suggested by MFR. Young.
Signor Pirelli expressed appreciation
OF the honor. but insisted that Mr..
Young'S nomination should be made
unanimous. The IL allied and German
delegates then limited that perhaps an
expression of their earnest wish that
Mr.. Young accept the chairmanship be
conveyed to President Coolidge, to
which the committee agreed
1t was said that the British or French
embassy at Washington will make the
necessary call at the White House to-
day and a, reply is expected before the
committee meets for its first official ses-
sion, on Monday afternoon.
Personal Desires Lukewarm.
1t was learned that Mr.. Young's per-
tonal desires toward the Craftsmanship
are lukewarm, as he feels the position
might prove restraining influence on
his activities as delegate, which he
would feel more free to take If not
hurdened with the Craftsmanship.
M. Moreau is known to be extremely
anxious that MIR. Young should take
the Craftsmanship. He spent consider
able time during the early part of the
week telephoning the German, British,
Italian and Belgian delegates respect
ing Mr.. Youngs presidency, and there
was universal agreement that the
American economist must accept the
post, as the other countries, with the
exception of the United States and
Japan, we're too deeply concerned In the
controversial subject
Some advices apparently have been
received from Washington that Presi-
dent Coolidge places no positive veto
on Mr.. Young as chairman
Lunch With Bank Head.
After today's conference the delegates
had lunch with M Moreau In his
Drivate apartments in the bank.
The experts committee which was Sc
lected to make final settlement of the
German reparations problem is made
up as follows:
Great Britain-Sir Josiah Stamp and
Lord Revelstoke, both directors of the
Bank of England
FTance-Ernile Moreau, governor of
the Bank of France, and Jean v. Par
mentier, director of movement of funds
at the ministry of finance and men,
Der Of the reparations committee on
transfers.
Belgium Emile Francqui, former
finance minister, and M. Quit, lead
ing banker and recognized expert on
European finance.
commentator Pirelli and Prof
Switch, well known experts on Euro
pean finance.
Japan-Kengo Mori, former financial
sttache in London, and M. Aoki, under
governor of the Imperial Bank of Japan
Gernany-Dr. Hjalmar Schacht, pres
fdent of the Reichsbank, and DR.. Albert
,Voegler. head of large steel interests and
director of the Reichsbank; alternates
DR.. Karl Melchoir and Privy Councillor
Kastl.
United States--Owen D. Young and j
Pierpont Morgan: alternates, Thomas
Nelson Perkins and Thomas w. Lamont
Meet With Belgians.
The American experts, Owen D
Young, j. p Morgan and Thomas w
Lamont, met with number of Belgians
Morgan International Banking House
From them they ascertained theil
views as to certain phases of the ques-
ton which they hope to solve.
It is said that when Mr.. Morgan
elighted from the special train which
brought them from Cherbourg to Pari:
yesterday he remarked: Let us see
what Belgium has to say
Emile Francqui. who was associated
t,n
engaged in relief work In Belgium, hap
pened along then and answered: we
arc happy to meet you, Mr.. Morgan; lie
lis get down TO work"
That the initial meeting of the Ameri
cans should have been with the Bel
gianS is regarded here as an evidence o
their desire to be impartial. Hithertt
Belgium has been committed to thu
French view that Germany should pa,
sufficient to cover all damages to oc
cupied territories as we'll as amount
equal to debts incurred by allied gov
ernments. This viewpoint has been con
sidered somewhat antagonistic to tn
reputed willingness of America ant
England to grant Germany reduction
In the grand total.
Most of the work of the reparation
experts will be consummated in privat
conversations.
Sessions to Be Minlmized.
In talks one with another the ex
perts will reach the decisions whicl
they viii express later in committe
meetings and plenary sessions. Tn
number of these, particularly the lat
ter. are to be minimized, as most G
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