Washington, Oct. 2.
An announcement was issued this afternoon saying that while President Coolidge regrets that complete agreement for the refunding of the French debt has not been reached, believes that the settlement proposed will enable France to improve her economic position and reopen negotiations within five made sincere efforts to reach accord bot were prevented by insurmountable conditions.—Reuter's American Service, New York, Oct. 2.
Disappointment as a result of the absence of a permanent settlement of the French debt was reflected day in an initial break of eight points in the franc to 4.661 and a decline of all French bonds listed here.
Wall Street is expecting that the debt "negotiations have paved the way for a French loan here shortly of, probably, $100,000,000,—Reuter's American Service.
Diplomatic Leak that Wrecked 4 Possible Agreement Paris, Oct. 4.
The alleged premature revelation of the French offer at Washington, after M. Caillaux had apparently promised secrecy, has caused a considerable stir in' the French press.
While official quarters and a Jarge section of the press agree in considering that, if there has been any indiscretion, which has not. been yet proved, it anyway could have had no part in causing the rejection of the Frnech propos various other journals view matter differently, as for inst the correspondent of "Lo Mari who, referring to the tone of the communication issued by the White House, says that the communique clearly shows that all the misfortune has been the result of indiscretion on Wednesday evening by the oficial press agent accredited by M. Caillaax, "Lo Quotidien" denies the report that its director was the person in Washington responsible for the alleged premature disclosures and says that what hay pened was that the American debt commission at the -plenary session disavowed its sub-committee—Re ter. of, which hasbeen wetted, As a result of a survey, it la recommend-led that the rivet holes be plagged and in the meanwhile the' vessel will proceed to Alexandria.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.