Monday, Aug. 31, 1925
To England
Joseph Caillaux, Finance Minister boarded a train in Paris attended only by his secretary. He was going single-handed to beard the English lion in its den. Particularly he was going to talk over the chequered table with Mr. Churchill.
Mr. Caillaux has not the facility with la langue anglaise of his compatriot, M. Briand, who two weeks ago paid so amiable a visit to England concerning the proposed security pact with Germany. But the keenwitted French master of finance doubtless counts himself fully equal to the problem of dealing with Mr. Churchill on the question of France's debt to England.
It is believed that he would like to make a settlement of France's debt to Britain before the French Debt Commission sails to deal with the U. S. on Sept. 16. The English wish to get enough from their French and other debtors, and from German reparations to pay the annual remittance on their debt to the U. S.-- -L-33,000,000 at present. They are asking -L-20,000,000 a year from France.-M. Caillaux is expected to offer -L-10,000,000. A compromise is not impossible at a figure something like -L-15,000,000.
Passing through Calais in a green suit, green hat and brown spats he was hailed by a crowd shouting "Vive Calmette! Vive Clemenceau! Vive Ignace!" He did not blink an eyelid.
Sticking hard to his intention to speak only English in the negotiations M. Caillaux addressed photographers who met him at Victoria Station with very carefully enunciated words:
"Don't be long. You seem to be taking a long time."
-The French debt to Great Britain is $3 021,550,000. The principal French debt to' the U. S. is $3,340,516,043.
/-Calmette, editor of Le Figaro, was shot by Mme. Caillaux. Clemenceau brought about Caillaux's trial and conviction as a Defeatist. Ignace represented the Ministry of Justice in drawing up the prosecution for the trial.