Evening star., 1932-12-12

"the Hoover moratorium cost France
more than f16, SOC, 600. It cost US oui
title I'm. the Preparations.
"I especially want to make understood
abroad, particularly In the United
States, the disappointment Of France
which, having listened to advice that
she coIlaborate In international recon-
struction, on the day when she asks
even temporary benefit from her col
laboration, is met by doctrines which
are exactly contrary TO those ON which
the appeal was made for her help"
LayaPs u. s. visit Recalled.
There was more applause and Deputy
Jean Renaud interrupted
Then the conclusion is" he called
that we must not pay!"
The premier went on speaking.
The Hoover-Laval talk in Washing
ton last Summer, he said, constituted
q new appeal for confidence and for
an end to the chaos in Europe.
Germany especially heard that ap-
peal" he declared, land demanded a
meeting of the Consultative COMMITTEES
provided for by the Young Plan. The
experts met and recommended meas
ures for the restoration Of confidence
to cover a period longer than the crisis
itself"
France. which suffered cruelty
throughout the war, was badly hit by
the economic crisis, he said.
"She was proud enough not TO ap-
peal for pity, but she did ask her cltl-
zens to consent to heavy sacrifices.
Declares for Payment.
Emphasizing the constructive char
acter of the Franco-British agreement
to suspend French payments TO England
pending ratification or denunciation OF
the lausanne accord, Premier Herriot
said: "The Lausanne accord was favor
able to the United States because II
increased by 100 per cent the value OF
Americans private credit"
He added that "the next step 70
Lausanne is not only at Geneva, but is
also at Washington.
The premier, discussing possible soiu-
tions. which he said must be worthy OF
French dignity, declared arbitration
represented an interesting suggestion
but that it would be impossible for the
present because it involved acceptance
and compromise by the French govern
ment with the American Congress.
Premier Herriot thereupon declared
he favored payment.
While not revealing for the moment
any reservation he might have, Premier
Herriot rejected the idea OF payment
into the Bank for International Settle
ments or the Bank of France as un-
worthy of French dignity.
NJ Herriot declared he was not II
favor of non-payment "at time when
France wishes to honor her signature
p &n H.
he said.
He went on to declare he could not
accept a proposal to pay without reser-
vations.
Awaits Action by Britain.
Herriot announced earlier that France
will wait and see what England doe:
before stipulating her own reservation
in the payment due on Thursday.
The government at London, he said
already Is considering its position II
the light of the latest American nott
and, inasmuch as France and England
have been working together closely OF
this whole matter, France will avail
the British decision before making hel
own.
1t appeared that M. Herriot and Prime
Minister Macdonald of Great Britain
had thought the debt problem hac
been temporarily adjusted by England
last note and NJ Herriot hoped to hav'
the French Parliament duplicate tina
memorandum. The phraseology of th'
American reply, however, seemed II
have precipitated new situation.
Conversation Pessimistic.
1t was reported that Ambassado
Claudel in Washington had advised hin
that there is no hope that the Unitet
States will accept beforehand a reques
for an international conference to set
tie the debt problem.
There was considerable excitement a
the members of the Chamber gathere'
in the lobbies before their session, ant
| the conversation was pessimistic.
The Socialist group, with two oppos
| ing votes, adopted a resolution askin
| the government to defer the Decembe