Paris, Nov. 3.
Before the plaudits of Press and] Hoower and 3. Herve Laval, he each Premier, the proposed. Con-public on his return from America ference for' the discussion of "re- the Parations revisions. and. the. read Wed down M. Laval, the!
is conferring with the Ger-Justment of war debts payments
conversations in Washington and will take the form of fee Visory committee. The alts of the the French attitude towards vari-impending Conference has not been ous international issues.
This afternoon M. Laval and the Basle, determined. but it will not be in
"The, United Press understands ambassador conversed for two that France has been most anxious hours, The Pinance Minister, to. convoke Flandin, was present at the conference immedi once, M. Laval informed the ambassador of the French point of Government in "Bertin "has manauvring for a delay "unt view regarding the question of the can be known What benefits Ger-substitution of the normal "Young! many might obtain from the meet-Plan of reparations " paymé "The Governors of the Bank of the existing Hoover debt holi International Settlements decided "|to-day that the proposed special advisory committee should sit to con the reparations problem expected that course he will be able to_ make sixty days at the latest and they Gecided that if possible the meet-Known to M. Laval the ing should convene shortly after Government's attitude on the December 3, Their decision recalls that upon Berlin, Nov. 4. his return. from Washington last is understood that Dr. He week the French Premier, SIN. Laval, Bruening, the Chancellor expressed a desire to call as soon ign Mtinister, intends through the 'a3 possible an international confer-Foreign Office to confer with. the fence to determine Germany's capa-diplomats, representing the, coun. tries which are Germany's chief city to pay her war debts and 3s: commercial creditors, Suteome of suck deliberations would ations obligations. Upon the
Germany's chief commercial deforming to what extent the Euro-creditors ave the United States and Great Britain, Dr. Bruening's con-Iy'secking an extension of the jan nations Will take the initiative
ferences will' deal with the pos-Hoover war debts and reparations moratorium, which expires on July sibility of Tinking commercial bts and. reparations obligations. the Governors of the Bank of of next year.
is learned ina most reliable International Settlements are to quarter that Dr. Bruening Into hold further discussions to lay to call upon the committee of Bank of International. Settlements round work for the organisation of rally admitted that without ent between France and derstanding has been reached. Tt Germany there can be but little stated, however, that there will be ope, of reaching a basis for the "an exhaustive survey of Germany's Bion of then most serious aftermath of the World War—United This statement is interpreted as Cee Boston, Nov. 5. moaning that henceforth Germany is to consider her short term debts Mr, L, T. McFadden, the Chatrman of the Committee on Banking Currency in the House of Repro-Nov. 6. sentatives, made n vigorous attack, At a meeting of the Contre Party] tovdny onthe suggested revision of to-day, Dr, Bruening, the German war debts at proposals made Chancellor, repudiated some quarters for their cantion that Germany" was abandon the gold standard. secking at the Institute estab-Reviewing, the economic "position lished to deal with current interns of the country Dr. Bruening' said tional problems, he declared that that confidence in German trade and all support should be withdrawn industry could only be inspired by from European schemes for retaining a stabilized currency. He plaiting the German war indemnity) admitted that the budgetary position and swindling the American inves-id for."
Yoquire fresh sacrifices from the nation, but it did not follow, he said, "that Germany will be forced from the gold standard." "A settlement for short-term debis would have to be reached and a solution of the reparations problem, acceptable to} the nation, must be found He uttered a 1, however, that politienl agitation' must Nov. 6.
A. more hopeful view was. taken to: night in political quarters heve of the Franco-German conversations Paris between M. Laval and" the German' envoy, Dr. von "Hooseh. The two had a long conference this afternoon, and it Waa reported here to-night that this conference result fed. in_ something. like agreement on the German formula that. renarations cannot take precedence over private debts and. that Germany Must first achieve a. settlement garding the foundation of the short-form credits, before her capacity to pay reparations can be determined Nov.
'That the Franco-German negotiations, carried on for the moment between Premier' Laval and Amba'
dor von Hoesch have again struck snag, was revealed" to-day. dispatches from Paris. fle did not mince his words and there was nothing ambiguous abet the policy which he consider America should follow, He stated that the only course for the United States was to cut its investments fag much es possible and to get out of Europe." Urging the United States to withhold further loans to Europe, ho declared that the German reparations, which in his op dion were dubious both legally: and: thorally, were being maintained at figure beyond the poseibiity of payment.
On the basis of these dubious de. mands, he continued the Allied Governments wore inviting America to invest three thousand million dollars in the Young Plan Reparation Bonds, which, he said, repro-sented nothing but the righ to collect "German reparations, if the United States Government could force the collection The proposed agreement with the French, exempting the unconditional annuities under the Young Plan from the moratorium, ought, stated, to be flatly rejected—Reuter. a
Text read from the printed page and cleaned; old type leaves the occasional error.