Paris, Oct. 29.
The Government yesterday handed the French reply to the British Note in which England demanded the payment of war debt interest in gold.
The answer contain a refusal to comply with the British demands for:
compensation of the losses resulting from a depression of their hoid-ings following the fall of the franc. The "French note states that the position of British holders is identi-Jcal with that of French holders and that it is therefore impossible to Jdiseriminate against the latter— the end was appearing in sight they could congratulate themselves. that the Conference was anything but The Prime Minister of Australia, Mr. J. H. Seullin, declared he did not know what advantages, from an Imperial point of view, would result from the Conference, but they had gained much from the contacts The Prime Minister of Mr. R. E, Bennett, said that the equality of status conferred on the Dominions in 1926 did not mean they had secured a ate the ties binding them quickly as possible, General Hertzog, the Premier of the Union of South Africa, devoted his speech to the subject "of the British Government's native policy in Afrien. The dominance of the white man's rule in South Africa' was essential, be d to retain his civil and Newspapers Express Approval Paris, Oct. 29.
The press generally voices its approval of dhe French Government's negative reply to the recent British note demanding that the British investors in French war, Lans be paid interest and amortization in full value instead of in depreciated peper francs.
The newspapers assert that it would be impossible to accord the British private debtors a_ preferential treatment in this matter ard thereby to discriminate against the French and other non-British foreign holders of French bonds. Such fan action, it is emphasized, would establish 'a grave precedent _and would raise a delicate point in inter-rational law. Moreover it is declared, that if France were to accede to the British Government's request it would open the door to large-scale frauds.—Trans-Ocean Kuo Min, urged the British Government to work in closer harmony with the Government of Union of South}
Text read from the printed page and cleaned; old type leaves the occasional error.