New York, Sept. 18, In reviewing a book on American finance during the War, the fin-ander, Mr. Thoma: gests that a further reduction in international debts would be a wise foreign policy.—Reuter.
Mr, Mellon's Report to President Washington, Sept. 21.
Secretary Mellon of the Treasury to-day informed President Coolidge, vu his first vist to the Chief Executive after returning from Europe, that there was no reason for any change in the American policy of insistence on the collection of War debts, He assured the President that the trade prospects' of the world were bright, and he believed that the debt settlements were no burden to the debtor} nations. He felt that France would the debt agreement.
Secretary Mellon agreed with Pre.
snt Coolidge that the question of reductions' in taxation should wait, at least a year—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.