FRENCH WAR DEBTS

Evening Star, Issue 19063, 5 October 1925, Page 5

FRENCH WAR DEBTS

WASHINGTON NEGOTIATIONS M. CAILLAUX DJSAPPIONTED. Press Ajssociation—By Telegraph-Copyright. NEW YORK, October 2. “I am grievously disappointed over the failure to effect a settlement of tho debt question,” said M- Caillaux. “ France will do everything within tho limits of her strength to pay tho debt, 1 may return in six months' time to resume negotiations.”—Reuter. PAYMENTS TO BRITAIN. EFFECT OF AMERICAN PRO* POSAL. LONDON, October 8. Discussing the eflcct of the Washington proposal on tho I ranco-Brilish debt arrangement, the ‘Daily Telegraphs diplomatic correspondent is clear that France’s payments to Great Britain from 1930 onwards might bo held by her to be uncertain till sho reached a final agreement with America. The correspondent points out that tho arrangement between M. Ca ilia ux and Mr Churchill lias not become a real agreement, as France did not consent to abrogate the safeguarding clause covering ‘France’s receipts from the J.)awcs plan, while Lon-p consistently objected To its insertion. Ho adds': “The British Treasury originally favored small annuities until France’s position was more normal.”—A. and N.Z. Cable.