FRANCE: Bargaining Begins

At Paris the long expected Franco-Soviet Debt Conference got under way. Premier Briand gave it his benediction with the usual and now hackneyed invocation of "the Spirit of Locarno." There followed speeches slightly more to the point by the chief negotiators, the French Minister of Public Works and the Soviet Ambassador to France.

Minister De Monzie: "France will not forsake the mass of French investors of small means who were the benevolent clients of that Russia of which the Union of Soviet Republics is the legal successor...

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