DIFFERENCE OF VIEWS

Ashburton Guardian, Volume 53, Issue 272, 29 August 1933, Page 5

DIFFERENCE OF VIEWS

ROOSEVELT'S ADVISER RESICNS. t MATTER. OF ECONOMIC POLICY. (United Press Association—Copyright). NEW YORK, August 27. The resignation,of Profesqr Raymond Moley, the intimate adviser of President Roosevelt, from his position of Assistant-Secretary of State, lias been accepted. This first break in the official family of the United States President was presaged by an under-sur-face split in the Department of State between 7 'Professor Moley‘arid the Secretary of State (Senator Cordell Hull). Professor Moley was the chief of the President’s “Brain Trust.”

Professor Moley explained that Ins resignation was prompted by a desire to return to liis work of writing and teaching polities. Nevertheless, wellinformed sources assert that irreconcilable differences over policy with Senator Hull has caused the resignation. Professor Moley is recognised as an adherent of the Nationalist doctrine of economic recovery, whereas Senator Hull believes that recovery is possible only through international action..

“Between Secretary of State Cordell Hull and Assistant Secretary of State Raymond Moley there was a pronounced difference ot opinion over the method by which prosperity is to bb restored,” stated “Current History,” m referring to the ambiguous, situation in tiie United States prior to the open-; ing of the World Economic Conference. “Mr Moley’s emphasis upon the priority of domestic economy conflicted with Mr Hull’s thesis that tariff restrictions must be eliminated and other impediments to trade removed before any economic improvement could he expected- “ Speaking before the American Society of .International Law on April 29, Secretary Hull said: ‘lt follows beyond Question that business recovery must lie preceded by the. restoration of international finance and commerce, the alternative to which is a continuance of the unsound economic policies under the operation of which the entire world since 1929 has been in the throes of an unspeakable depression.’ "Three weeks later, on May 20, Mr Moley, the chief of the ‘Brain Trust, sanu to an entirely different tune: ‘lt is overwhelmingly clear that a . good part of the ills of each country is dometic. The action of an international conference which attempted to bring about cures for these difficulties solely by concerted international measures would necessarily end in failure. There arc relatively few remedies which might he called international remedies. The people of the United States must recognise .that world trade is, after all, only a small percentage of the entire trade of the United States. This means that our domestic policy ,is of paramount importance. Commonsense dictates that we build .the basis of our prosperity here.’ ” In reference to the Conference itself, it was stated: "Mr Moley’s radio address not only appeared to be the antithesis to Secretary Hull’s views, but also out of line with President Roosevelt’s own statements.”

AUTOMOBILE INDUSTRY CODE.

WALES AND HOURS OF WORK

NEW YORK, August 27

At Hyde Park the President to-day signed an automobile industry code directly affecting 450,000 workers. The code establishes a 35-liour working week, and a minimum wage .scale of from 40 cents to 43 cents an hour. It grants labourers the right of selective bargaining.