Evening star., 1933-06-15
Finland So Far Only Nation
to Meet Its Obligation in
Full, Paying S148,592 as
Due InstalIment.
GREAT BRITAIN ARRANGES
ITS 100000 "ToKEN"
With Belgian Deferment Already
Announced, All Major Remit
tances Are Accounted For.
Yugoslavia and Rumania Are
Included Among Defaulters.

by the Associated Press
France and Poland defaulted
again today on their war debt in
stallmentS to this Government,
while Great Britain arranged to
pay $10,000,000 in silver on its
$75, 5,950,000 due and Italy rendered
about a million dollars on its
obligation of $13,545,000.
Barring changes late in the
day, Finland was the only nation
to meet its obligation in full, pay
ing S148,592.
The British Ambassador, Sir
Ronald Lindsay, discussed the
method of payment with Acting
Secretary Phillips at the State
Department. He also was under
stood to have taken up plans for
early opening of diplomatic
negotiations on the debts here,
looking to the reduction desired
by Great Britain.
After the conversation, the Ambassa-
dor told newspapermen that details Of
arrangements for the payment of $lo.-
O0O.o0o in silver-at SO cents an ounce
had not been completed, but he as
sumed the payment will be made in the
United States.
A note telling of the Paris govern
ment's decision net to make its pay
ment of S40,738,568 was handed to
Phillips by Ambassador de. Laboulaye:
Ambassador Patek of Poland called
with a similar message.
Defaulted Last Year.
Both France and Poland, close dip
loulatic allies, defaulted en- payments
due last December Their communica-
items today reiterated the attitude ex-
pressed then, which was that debts
should be scaled down to the level OF
Teparations
Meanwhile, the administration kept
its eye On Congress for any further out
bursts of disapproval at the debt de-
yelopments Mr. Roosevelt and his ad-
visers also were much concerned with
reaction among the delegates to the
World Economic Conference at Lon
don. London dispatches said agreement
on the British plan had been hailed as
a coed omen there.
With Belgian default Of S6,425, 900
already announced, the major install
ments due were accounted for. Czecho-
sloVakia owing S1,500, 900 had yet TO
notify the State Department of final
decision.
Minister Davila of Rumania presented
q note saying his country would not
meet its payment of S1,000,000. Ru-
mania paid last December, but requested
revision.
NJ. Davila said the note today renewed
that request and asked for a specific
date on which such a review could be
undertaken.
Meanwhile it became apparent that
Yugoslavia, like Rumania, would de-
fault.
All partial payments are to be re-
ceived as was that of Great Britain
with the understanding that they are
an acknowledge of the validity Of the
debt as whole pending final settle
ment
Notice of Italy's part payment was
brought to the State Department by
Ambassador Rosso. He said his coun-
try was Offering about a million dollars.
Previous indications had been that the
Rome government would meet its in
terest payment of S1,245,009 and let
the remaining principal payment OF
12,3O0000 lapse.
Weeks Of patient negotiation reached
their elimination in the presidential
announcement of the British payment
which the London government frankly
asserted to be 'an acknowledgement of
the debt pending a final settlement"
Making it clear that he does mot
characterize the resultant situation as
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