FUNDING THE DEBT

Dominion, Volume 16, Issue 107, 22 January 1923, Page 7

FUNDING THE DEBT

AMICABLE AGREEMENT PREDICTED by telegbafh.—pbess association. —OoPYBIGHT. (Rec. January 20, 5.5 p.m.) Washington, January 19Representative Burton, the House of Representatives’ member of the Debt Funding Commission, in a statement paid: “The temporary termination of the negotiations does not forecast the failure of the two Governments to reach an amicable agreement. Those who think tho outlook dark are misinformed.” He declared that the disputed points would be settled and definite proposals submitted to Congress. Aus.-N.Z. Cable Assn.

MR. BALDWIN INTER-

VIEWED

IMPRESSED BY FAIR TREATMENT. (Rec. January 21, 11.5 p.m.)

New York, January 20. The British Debt Commission sailed in the Olympic. Mr. Baldwin, in a statement, remarked; “I cannot say anything this time regarding the commission and its results, becstiise the situation is too delicate. One thing 1 can say is tfio extraordinarily cordial treatment received in Washington was far beyond expectations. We are very much impressed with the fair treatment, moderation, and straightforwardness with which affairs were conducted. We wish also particularly to acknowledge the American Press’s personal references to us and the manner in which it has handled the debt question. Any wild talk this time on either side would have tended to make a settlement im-possible.”—Aus.-N.Z. Cable Assn.

STERLING RALLIES. (Rec. January 21, 11.5 p.m.)

New York, January 20. The sterling rallied during the latter part of the week, closing strongly at 4.G6 dollars.—Aus.-N.Z. Cable Assn.