A Large Table

One can easily imagine the scene: A room in the Treasury Department, arm chairs ranged along a great table:

ON ONE SIDE ON THE OTHER Andrew W. Mellon Baron de Cartier de Frank B. Kellogg Marchienne Herbert C. Hoover Georges Theunis Reed Smoot Felician Cattier Theodore E. Burton Emile Francqui Edward N. Hurley Richard Olney Each group made proposals, each group replied courteously.

So went the first week of negotiations over the funding of the Belgian debt to the U. S. No definite agreement was reached. That is all that can positively be said because the doors of the room were tightly locked.

It was rumored that agreement on some preliminary points had been reached. The Belgian commissioners cabled their Government for instructions.

Meantime, only conjecture of the upshot.