NEWS OF THE WEEK
Tr HE inter-Allied Financial Conference in Paris, where Mr. Churchill arrived on Tuesday, is dealing with a series of exceedingly ticklish- problems. Nominally, it is concerned only with reparations, but nobody doubts that informally, even though it be only out of hours, a good deal is being said also about inter-Allied debts. This is particularly . likely to be so because the French have from the first maintained that reparations and inter- Allied 'debts . cannot possibly be considered apart, and the British way of thinking, though it is very different from the French in spirit, is not very far removed from it in form. Great Britain, France, Belgium, Japan and Italy are all represented at the Conference, besides some of the smaller Allied Powers. Finally, America, though she was not a signatory of the -Versailles Treaty, is also represented.
