THE CABINET: Italy's Debt

In Washington opened the first stage of negotiations for funding the Italian war debt to the U. S.

The Negotiators. To the Treasury Department came the Italian Ambassador Giacomo de Martino, Mario Alberti, director of a large Italian bank, the Credito Italiano, and attachés at the Embassy. They were received by the U. S. World War Debt Commission— Andrew W. Mellon, Chairman; Secretary of State Kellogg, Senator Reed Smoot, and Under Secretary of the Treasury Garrard B. Winston, Secretary of the Commission.

The Expressions. Secretary Mellon began with a brief address:

"We do not...

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