Jasper County Democrat, Volume 22, Number 36, Rensselaer, Jasper County, 2 August 1919 — NO SHARE OF DEBT [ARTICLE]

NO SHARE OF DEBT

BARUCH EXPLAINS WILSON'S VIEWS ON INDEMNITIES. Financial Advleer of th* President Diocusee* Voroallleo Treaty With Senate Committee. Washington, Aug. 1. President Wilson’s view Is that the United States should not share In the Indemnities to be paid by Germany. Bernard M Baruch, confidential financial adviser to the president at the peace conference, told the senate forfijgn relations committee at the first of its open hearings on the treaty of Versailles. x ' Baruch replied that he was still of the Impression that the president did rot think any part of the German indebtedness should be turned over to the United States. Baruch suggested, however, that it was for the senate to determine whether it as well as the president had Jurisdiction In the matter. Baruch stated that the distribution of indemnities to be paid by Germany was still to be determined. Senator Knox interrupted to say that he had gathered from the president’s address of July 10 that the United States was not to share In any of the billions Germany was to pay over to nations arrayed against her In the