UNEASINESS IN AMERICA.

New Zealand Herald, Volume LXI, Issue 18890, 12 December 1924, Page 11

UNEASINESS IN AMERICA.

PROPORTIONATE PAYMENTS

DELAY BY FRANCE FEARED. PARIS PAPER RESENTFUL. By Telegraph—Press Association—Copy)ight. (.Received 9.5 p.m.) A. and N.Z.—Renter. LONDON". Dec. 10. A message from Washington, states that uneasiness has been aroused in some official circles by the statement cA Mr. "Winston Churchill, British Chancellor. x>l the Exchequer, to the effect that Britain would insist on proportionate payments on iha occasion of a common debtor making payments to the United States. It is believed in Washington that Mr. Churchill's remark might cause delay in the prospective settlement with France, in that Fiance might pause to consider the position.

The situation as a whole is decidedly a remarkably difficult one for the United States Government in any attempts to reach agreements with other debtor nations. $

It is also suggested in America that there is a possibility that Mr. Churchill's statement might, in the future, be .employed as a foundation for an inter-Allied Debt Conference, and that another attempt might bo made to induce the United Stater to join in a discussion of the whole subject of international debts.. A Paris correspondent states that Le Temps resents. Mr. Lloyd George's references in the House of Commons to the French debt to Britain. The paper says the speech represented a deliberate misreading of the situation, for which Mr. Lloyd George himself was largely responsible through having encouraged Germany's resistance to vhe Treaty of Versailles.