FRANCE: Friendly Offer

From Chancellor of the Exchequer Winston Churchill, in London, Finance Minister Etienne Clementel received a letter relative to the War debt of more than $3,000,000,000 owed by France to Britain.

Mr. Churchill said that His Majesty's Government desired only to collect from the Continent a sum sufficient to liquidate the British debt to the U. S. He said that a definite sum must be paid by France "from her own national resources, fixed with due regard to her relative wealth and taxpaying capacity . . . without reference to reparations."

He suggested that...

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