Since the first week in June it has been known that the Lausanne Conference on Reparations (which the U. S. did not attend) would be followed by another Conference, probably at London, to discuss international money and trade problems, which the U. S. would attend. U. S. opinion decided almost immediately that this later Conference would be a united attempt on the part of Europe to force revision or cancellation of War Debts. On May 31 Secretary Stimson announced that the U. S. would attend no parley which discussed reparations, debts, or...

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