800.51 W 89France/280a: Telegram

The Secretary of State to the Chargé in France ( Whitehouse )

81. Finance Minister Peret is quoted in Associated Press despatch from Paris dated March 30 to the effect that “France can make no settlement of the interallied debts that is not based in some measure on reparation payments from Germany,” and “these terms should include a safeguarding clause that would give France protection should Germany at any time default.” Foregoing statement reported to have been made in the course of his speech opening the debate on the financial measures yesterday.

Please cable exact words used by the Minister of Finance.

Kellogg