ADJUSTMENT OF DEBTS.

Press, Volume LXVIII, Issue 20736, 22 December 1932, Page 11

ADJUSTMENT OF DEBTS.

i||glEß STATES AND' Bjf BRITAIN. . BfifcjfJEYS PROBABLE NEXT OF AVERTING A rarss Assocuiius—Bf icLscrfiq ■Hjjßpp - CUI'VBiGKT.) WBw* 1 December :Jlsi, 11.85 p. pi.) BajEr? JjON'PON, December 2}. edited thai the debt tsilks Le- ®- ««j# and Washington will hetime in January, hut the MLti, correspondent of the "Daily emphasises that they pan raßnf in the nature of an esplqr'jjjEjf fhs feeling is growing here that be useless to call the World iMffic Conference until a debt setlejMatjijj reached, at lept hetween thq |p||j|| States and her principal debcommentators deduce irom message from President iflg&tor evidence of America's anxiety grajffjjibeii (Jreat Britain's return to the hBL. j| in no hurry to change, but Administration is de * use every influence tp (speed Iffiftlilif"*'" fWS estioa Welcomed. Times." in a leading article, President Hoover's apparent 'nSEfainfttion to initiate on his qwh failing the co-operation wV FntPlflta Roosevelt and CpnI'lO; a discission on the debts ques'sßriU he wholeheartedly welcomed, iijElKagjeament must be reached hefore fOrln order t-o avoid a crisis. A jjoL q[ would be disastrous lE™ countries concerned Ifltffo message gh°W s a broader aiici iWT r attitude than thP BBKj. ti6yyiß^ 8 i and this may v 1" k fEBBE eitaxer American grasp pf the realities, m states "The jS®?' - VA ' striking omission, now®2Hrs« anV allusion to tariffs and riguMWosiireg -preventing the debtor fjprji paying their debts goods and-services.'" Am OF VIEWS. ' OPPOSITION »«S|HKieoember 21st, p.m.) "tbe commmiicationß nave published, tho Washington IHmKadeni> of the "New Yojk ■HHp to-day learned th© essential H{ the telegrams exchpijged beHHHQPKsident Hoover and Mr F. regaisd in the formation of f. repjy t«-dw w^B fIHHKTsnd in "some respects helpful |SKL? hpt it ejects tber 'coinmissipn opposed ito his own belief that diplomatic agencies p.?e sn^jMlMmW'tT l '* r«T" Bftg re-esemination. MMlij I* also nnsympathetif l towards HBHEmtioa o£ eqmbining those enmHß- Kxamining the debt sitijatipp delegation to the _ World ■MMfefe fVvnfepence and the {MjJ'Rin fcrence. emphasising the view HHHfioebto are a separate matter. jrot Hamper Bxamipatioo. |HHuwevolt, bqwe?er> promises "to 'to retard or ' hamper ipi-re-examination.'' S® iaHaßolaects to President Hoover s HHmf.' 'exclusion of some of tpe apparently wishing tp door open for negotiations Hoover is now face<l.with mmgfaan 9s tfi KP e^ber llWHrSw'ttis'own initiative. It is now iMMMifc fee will hj? governpd sHHpi|®at Britain's action if she reWEmmk' bit await Mr Roosevelt's in■K^3?op P the 4 maVe? WTfiF " SHfilF'-Ptiwer with President. . ■Wfewr o|aude Swansoii (Y|r-|HHß'r-a' democratic member of tne IHbIhB otate< Arms BHHhsk regarded as porpaps the first" WKmyt tt*e President for a place op ■Heßto# agency, saia: ''Power tp ■HKb»' all foreign relations is left HHIMfI President under thft Pflusti§H|fp? Ae methods he adopts havp HHft entirely with him under law a situation has developed," MBHtoroed. "that makeg it wiser for ■Up! States to conduct sppforatp jHHntioas ~ The United States; is rnSSmms. pitly creditor nation. Jqint pply AND um Q¥ mum EXPECTED. ■Hbti December 22nd, 18.5 fi-m.) Wm- PAIIIS, Dpcpmber 21. HHffMinisterial declaration is HHknited to differ as regards eith e r MlipSta or general poljcy froip the If. Herriot.' MMg| r is still opposed to PW" HHHpSIU) this Ifobtility is> lively tp MnmUß.. unless imforreeep.. qsveiopHS'W that; if IS adT3Pt&g ec lH s tp HHH l-ft ruvej-se her attitudeBKicmts l Aumvw. TO PART. VA'S111\UTOX, Decepiher $Qr HHftyf^oioera are clearly shying a' tivc participaUpn in H||yniQoVf>F's proposed commission i*eview of -i¥ar= debts, and he to go ahead on his own Chairman of the Ilonse Means Committee, said to-

day: "I am willing to have the Way a and Means Committee consider the message, tmt 'I Ponfidept that it wijl not consider it favourably. 3 ' Ho opposed Cpngfess setting up any eomwissions to be appointed Preside*?* BfiP?er shprtjy before his retirement, but he said he had nq objection tp the President setting up an-' other pf ]his fiWU- . (t l ajp that this Congress is opposed to ppatiug another x J)ebt Funding Commission,'? Mr Collier said. The proposition would not be laid befpre |iis group for at least jjptiiyapflftry. LITTtE ENTENTE REMAINS FIRM. BELGtfAPE, December 80. The |jjt'tle Entente (Poland, Rumania, and Jugoslavia) hap decided t<? m»ke no further war debt payments to njreat Britaifi and creditors rfßSunies the payment of reparations. «