Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-07-01
NEGOTIATIONS
WILL CONTINUE
ON THURSDAY
Divergent Opinions
Exist, Says Laval
In C~ommunique

WASHINGTON. July i-tE-Tho
American government has inform
ed France that " cannot accept III
their present form some or the
French proposals for modification
Of the Hoover moratorium plan.
At the same time the cOmmunI-
cation. delivered I'm paris today,
leaves the way open 70 discussion
along lines which would o. &C.
ceptable here. The French govern
ment now has these counter sug-
gestions under consideration.
II is proposed by the United
States that Germany b given a
much longer period than the five
years suggested by France TO re-
pay the loan to be made to her out
OF the unconditional annuitles due
during the coming year
10 AS suggested that instead or
distributing this loan Inn part among
smaller central European nations.
a. proposed by the French, some
other way be found t0 relieve l1a
financial troubles OF those ma
tons. "A credit In which the Amer
lean federal reserve system would
participate would be considered as
2 possible source OF such aid.
IT. AS further declared bv the
American government that Frances
complicate proposal for dealing
with the guarantee fund under
the Young plan Is not a matter ca
witch the United States can give
assurances, since this country is
not u signatOry W the YounK plan.
washington feels that matter should
I've settled between France and 9TH
CIR Signatures.
American officials are hopeful
that the earneStness W their C0urK-
~er-proposal will impress itself On
the French government in such "
way that "a diplomatic situation
Ehich now appears almost dead
locked Will yield to ultimate sclu-
ton.
The American note was drafted
by Acting Secretary Castle of ira
state department and Senator
Dwight W.. Morrow. It was dis
patched by cable To Paris early TO-
day. The state department rad
prepared To make Id public buh
withheld publication when the en-
bassy III Paris tn an urgent mns-
sage asked that q second message
~ awaited.
PARIS. July I.-P-The Franco-
american negOtiat0rS concluded
their meeting this afternoon With
" arriving at an agreement Oh
the Hoover war debt plan. They
VIII meet again tomorrow.
At the close Of this afternoons
session. at which Secretary Mellon
and Ambassador Edge represented
the American government. ana
Premier Laval spoke for France. ~
official c0mmunique HTas issued.
"Messrs. Mellon and Edge COM
mnnicated the text of m document
designed 60 make clear the position
OF the American government in thg
present negotiations the rommu-
nlque said.
This document reveals. 10
over simultaneously the Will of the
American government Co c0ntinuH
the negotiations and the d~lverFen-
ces OK the views still appreciahla
between the two governments.
This document will be- puhlish-
ca IN Washington hy the American
government. AZ will he studied hv
the French ministers and EXAM
ined tomorrow ~ a meeting OK the
cabinet.
The next meeting of the X
tiators has been arranged for go
70. m. tomorrow C7:3O y. m., C..S. ~
The c0mmunlque was read 70
newspapermen Nv Premier Laval
who declined 70 make any comments
on 40 and refused 10 answer quest
ions.
I'm addition to Nr. Mellon. Mr..
Edge and M. Laval, those prpspnN
nc the meeting were W. Theod0ru
Mariner and Robert Pell of thg
staff Of the United states Embassy,
and Foreign Minister BRAND. Pr
nance MinistefN Flanding. Budget
Minister PSetri. and Andrew Franz
Confined on Page Nine)