BERLIN, February 28. Foreign Minister Stresemann speaks at the start of the session.

- In foreign policy, he said, we are currently under the impression of the work of the expert committees. The chancellor had promised the committees the collaboration of the government and the president of the first committee confirmed, on his departure from Berlin, that this collaboration had been faithfully carried out.

The White Paper, reporting on the negotiations with the expert committees, will appear as soon as we have the latter's report.

After paying tribute to the experts, Mr. Stresemann continued:

- The question of whether a solution to the issue of repairs can be found depends on the outcome of their work. The quickest solution is most desirable in the interests of Germany's economic situation. Experts were able to convince themselves of the inanity of the assertions declaring that Germany had caused a fictitious bankruptcy in its country...

The minister lists the internal measures taken in the interest of cleaning up the situation.

The economic situation

- The experts were also able to convince themselves of the seriousness of our economic situation. We don't know the decisions they made; but as to several important questions we can form some idea from the press reports published on the subject. It seems that people have become convinced of the need for a moratorium to be granted to Germany, as well as of the need for an international loan intended to replace German payments during the period of the moratorium, especially to France. We are discussing certain issues regarding an international loan for which we are seeking credits in Germany.
- We also discuss the following two points: full provision for Germany of its economic and fiscal forces and reestablishment of its railway unity. The criticisms that have been made on this subject in the French press are inaccurate. the measures taken in the field of railways are aimed at achieving commercial exploitation.

- The creation of the Franco-Belgian network showed what catastrophic consequences from an economic and financial point of view would lead to a fragmentation of the German network.

- The government hopes that the Rhine and Ruhr networks will soon be united again with the rest of the German networks. If the French government was ready to accept the settlement between Bavaria and the Reich for the railways of the Régie, the German government would be ready to negotiate on this subject. No doubt the foreign press would be wrong about our agreement between Bavaria and the Reich. The problem of an international loan poses that of an international collaboration; international capital would demand to be represented on the boards of directors of the institutions for which it would advance capital. As long as this representation does not have a majority or does not undermine the German character of the administration, it cannot modify a refusal. The credit needs of industry and agriculture are so great that we must plan for a reduction in our production if we do not receive help.

The rapprochement with France

- We are happy to note that, in many French circles, the state of mind, compared to what it was before, has improved. We seem to realize better that France, despite the political differences which separate it from Germany, has, with it, an indisputable community of economic interests. Some personalities have put forward the idea of a Franco-German agreement. We cannot negotiate a separate peace with France, because we have commitments to all other creditors of the liciter if the Allies themselves seek to take into account the legitimate financial needs of France when settling the question of reparations

- It is possible that this new attempt to arrive at a solution will fail like the others. The fact remains that the duty of the government of the empire and the Minister of Foreign Affairs is to do everything to ensure that this attempt is crowned with success.

The question of whether France wants to receive reparations or only aspires to establish its political power and economic hegemony will be resolved on this occasion.

The good intentions of Dr. Stresemann

We want to hope that the decision of the French government and people will be consistent with the first of these hypotheses. Every sensible man in Germany will be prepared to come to an understanding with France. But it does not serve the cause of such an agreement to say, as Mr. Poincaré did, in the French Chamber, that for four years Germany has done nothing for reparations.

It seems that, on the French side, they are showing great nervousness towards Germany, putting, for example, the question of security before all others, as if Germany had the intention of attacking France. Why have we not responded to all our initiatives concerning the conclusion of a Rhine pact and the creation of the broadest guarantees in favor of France? France is responsible for the failure of attempts at rapprochement.

In France, there is fear of the German nationalist movement. The Hitler trial seems to justify France's apprehensions on this subject; but we could also remember in France that if all the politicians who tried to reach an understanding with France failed, the fault lies with French politics.

The constitutional development of Germany will be ensured above all thanks to a foreign policy which will let Germany live and will not condemn all its efforts to certain failure.

Germany and the League of Nations

The minister concludes by announcing that the government is not, in principle, rejecting the plan for Germany's entry into the League of Nations. However, he believes that the question is not current. According to him, the nations which are opposed, in principle. on Germany's entry into the League of Nations have not changed their minds and Germany has not received an official invitation from any side to apply. In closing, Mr. Stresemann thanks foreign relief organizations for what they have done for Germany.

Mr. Koeh (Democrat) criticizes the ordinances for harming many particular states.

Mr. Leight (Bavarian socialist) does not consider the order concerning the valuation to be perfect: If the rent mark, he says, were to fall, the interested parties would not recover 15 0/0 of their debt.

A Hanoverian deputy complains about the Prussian administration and the despotism deployed by Noske in Hanover. He claims his ancient rights for this province. The rest of the discussion is postponed until tomorrow.