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ALLIES' WAR DEBTS.
-Modified Terms.
;- "Washington, Jan. 9.
The i'.ite House spokesman annmunc
.ed ofletaly.:to-day ;ua none of the Ia
tions wtich. o.ted to: the United tra:ee
war: dcht could fund their oldigationi
within the, :litations imposed by the
Congress.: -He said that the American
Debts :utnding Commissionw1:.1 I?at.i
the beit pJssible terms~ in flundin the
Birit;shi d.ibr, and report to.the l'resi
dent, who -wmtl' submit recommenis
tions to;-the Congress for a modification
of the. trwon the subject.- The Congress
was bei?gy informed that such a !step
would, ber necessary if America was to
receive payments in the near future.
Pending such. recommendations and Con
gressional consideration, the British Mis
sion would return to England,. and it
would come to Washington. again when
and if the'Congress agreed to the,sug
gested teris. such as the extension of
the 'maturities and modified'rates of in
terest. The terms as apprsved'.would
extend to All other debtor nations en
tering into& funding negotiations wit'h
America. . -
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