ENGLAND'S EASY TERMS

Evening Post, Volume CX, Issue 52, 29 August 1925, Page 7

ENGLAND'S EASY TERMS

NEW YORK COMMENT

AMERICA WILL NOT RELAX HEB

CLAIMS,

(ONTTBD PRESS ASSOCIATION—COPTRIOHT.)

(iBSTRAUAN-NEW ZBAIA.VD CABU ASSOCIATION)

(Received 29th August, 11 a.m.)

NEW YORK, 28th August.

New York Press comment regarding the tentative Anglo-French debt agr,emeent as involving America's terms for France is generally sceptical and unenthusiastic.

The "New York Times," in a leader, says that whatever truth there is in the allegation that "a Bhrewd game was played against Washington, it is not of a sort to sway our Government from its fixed policy.

All the Government needs to do is to reaffirm its principles and actions in this business, and live up to them. The British proposals admit the cancellation of part of the French debt to England, but our Government has more than once solemnly declared that it cannot admit cancellation or anything else which •will rob an international cent of. its sanctity.

The "Sun" says: "It has been stated very plainly by this country that the French deist to America will be fuuded on the terms accorded to England—namely, 62 years, ■with the payment of interest, and 3 per cent, for the first ten :years, and 3} per cent, thereafter. If Mr. Churchill knows this, and surely he must, his offer to France of an easy settled ment, contingent on France finding an equally easy settlement with Washington,' is only a political move. When America declines to give France what England has clone, Mr. Churchill will be able to express his regret that he must insist on.France paying higher rates to England.