Evening star., 1932-12-13
NEW BRITISH NOTE.
IS SATISFACTORY
Allows Acceptance Of Pay
ment Without Strings,
Officials Believe.
Continued From First Page.)

diplomatic gallery, Wnere every sea-
was occupied, sat Robert Scotch, repre-
senting the American embassy.
Herriot Speech Criticized.
M. Marin criticized the speech
!, Premier Herriot made in the Chamber
yesterday in the course of which the
premier appealed to the Chamber not
to dishonor the signature Of France.
Nobody wants to strike blow at the
sanctity Of the Nations given word, sale
what has broken the contract?" hi
demanded, 1T was the initiative Ol
President Hoover when he launched his
moratorium"
There was a voice from the benches
on the left.
eve never should have voted In
favor Of that moratorium"
M. Marin went ahead:
Where" he cried, can you find 9
man of common sense who Will MOI
admit that our interests have beer
harmed by the Hoover initiative?
France wants to respect her con.
tracts, but everybody must take the
consequences of his acts"
Situation Declared Worse.
moratorium would improve the situa-
ton in Germany, but that situation has
only grown worse, land all Europe has
felt the bad effects. The British pounc
sterling, solid for century. has fallen
The entire American press" he de
clared. forecast the moratorium. Why:
American credits invested in Europe
had reached $4,000, 100000 francs"
He read what he said was report
of the Finance Committee OF the Unltee
States Senate asserting that as re.
suit OF certain operations by American
bankers, the committee and the PreSl'
dent had warned the bankers that II
Germany the payment OF reparation!
had priority.
There was more applause when hi
exclaimed:
IF we pay now why shouldn't w
pay on June Is and Tor that matter 10
the next 60 years?
I'VE are not bound to pay becaus'
Of the Hoover moratorium. We don
want to be dupes!"
Holds Position Strengthened.
He argued that the report OF tht
Young plan experts who met at Base
strengthened the French position.
IT we pay he said, I'VE no longel
can use the arms provided by Basel
We always have proclaimed that debt
and reparations are linked"
He declared that Leon Blum, tht
Socialist leader, had told the chambel
that if Germany did not pay France
France would not pay the Unltee
States. and he recalled that the Social
lists in their campaign platform de-
manded total cancellation OF the wal
debts.
..This payment cannot be made." III
shouted. the people of France believe
that the financial burden Of the wal
should be divided among all peoples
The French people cannot understand
whv France alone should support the
burden
M. Matin declared that the French
neonle cannot permit France to bt
invaded and ruined by American pro-
ducts as compensation for concession:
by America.
tions on the debts would 1--we little
practical result, "becaCSe Franklin
Roosevelt has said there could be M
relation between debts and relations
and that readjustment of the debts
depended upon the capacity OF the
paving countries"
He charged that France already ha:
been duped many times after making
concessions at various lnternatlona
conferences. -.
And now" he said. 1--WE see mill
tary government in Germany. That L
all we have obtained"
Positions Held Different.
The speaker said he appreciated
Premier Herriot's policy to stay uniteo
with England. but said he tnoughl
England's position with respect to tne
United States is not the same as tha'
ENGLAND" he said, "has a specia
policy toward the United States, ano
has a means of pressure which we nave
not"
In this connection it was made knoWr
while NJ Marin was speaking that Wner
Premier Herriot was before the ForelgI
Affairs and Finance Committees ne Was
asked whether he was convinced tna'
Great Britain would refrain from pay
ing the next debt installment te
America in June.
He replied that such was his belief
M. Marin discounted tne Hkeiiiiooe
that the United States, in the event. Of
non-payment would exercise pressure
such as the seizure Of private property
"As for tariff" he said, there already
is tariff war.
The state of our treasury does not
permit the payment OF 5oO,Oou,ooo
cession, in the domain Of agriculture
or any other domain.
There is only one solution: A frank
and firm refusal without any kind OF
reservation"
There his speech ended, and the
chamber adjourned to permit discussion
in committee.
Council Of Ministers Acts.
The French Council of Ministers, with
President Lebrun presiding. after being
officially informed that Great Britain
had decided to send another communi-
cation maintaining its reservations