6 JUNE 1925, Page 2

That is the internal problem in France where employ- ment

and production abound, where money circulates freely. It can be solved by a grim determination which is no more than a country's duty to itself. But it is a very different matter for France to face her external debts. There she can only alienate our ready sympathy and our patience if she seems deliberately to ignore their existence. This again we do not think that M. Caillaux. will allow her to do. Considerable discussion has arisen this week over an article by Col. George Harvey in the Washington Post, as it was suggested that he was officially inspired. He • urges that France, Great Britain and the United States should hold without delay in London a conference on the subject of Inter-Allied Debts, which N. Caillaux himself could attend. He hopes that the initiative will come from France, but if she holds back, then let Washington take the first step.