Not much change is being made in the personnel of the Government.

The speedy action that has been taken on the first four reservations I should think would indicate that there would be little, if any, difficulty in the 5th reservation.

If you see any reports of that kind, why I think you can set them down as the natural result of a man representing this Government who has had to insist that the rights of our citizens be respected.

So I understand the 5th reservation is merely for the purpose of putting the United States in the same position as other countries.

The only reports I have ever had in relation to Ambassador Sheffield are those that praised his conduct.

I have never had any criticism.

I see no reason why the United States shouldn't have the same right which it would have under the 5th reservation.

I don't know that there is anything I can say that hasn't already been said about the World Court.

So, as far as I am informed, I know of no reason for making any change in our policy.

It has been pointed out time and time again that this money has to be paid by our taxpayers unless it is paid by the taxpayers of the country or the countries which borrowed the money.

I didn't see Mr. Brush's article or interview or whatever it may have been relative to foreign debts.

Mr. Baker I know is a perfectly sincere man and I don't want too much made of my suggestion that it is easier to make up your mind when you are not charged with public responsibility than it is when you are responsible for making the…

It is sometimes easier for a person that is in private life and no longer charged with the responsibilities of the administration of public affairs to make a larger expenditure of the taxpayers' money than it is for those who have to be…

I have a good deal of respect for Mr. Baker's judgment and a high regard for his patriotism, but the matter of settlement or cancellation of our debts has been discussed a great many times.

Our Government has taken an attitude on that which I do not think will be changed.

I expect Ambassador Sheffield and Mrs. Sheffield and perhaps their son will come up here to visit me before I go back to Washington.

Of course anyone that gives the matter a moment's thought would recognize the great difficulty of the Government in undertaking to say what securities are good or sound or some equivalent word and what are not.

I haven't seen the article of Professor Ripley.