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A NEW WORLD POLICY.

o(f 0M A MERICAN SUGGESTION. BOLAT.ON CONDEMNED. teuM OF WASHINGTON DISCUSSIONS. ..,, AWOCIATIOS-" El - KCTK ' G ft""" «Iw«Al-H-«--°"" ,B,IT -' received April 9. 9.35 p.m.) NEW YORK, April 8. m Washington correspondent of JV York Times" says that ! M a conference with reporters I, L Mr Cordell Hull (Secretary ££•> propounded the Adminis'j «1 new policy of economic „,- Sonalism, in contrast w.th what Stormed the economic nationalism ftHast three Republican Pres,d U He said that the Government w « ,ow prepared to meet the other iwiontne plane required bv what he considers to be a new age, tot calls for just such proposals a. arc contained in the agenda of the World Economic Conference. He emphasised that the conversations* with representatives of the eleven nations which have been inJjted to Washington would oof* the Economic Confer(nce. wd not, in effect, remove that conference from London. «- Washington conversations Juld be between American repreSwentatives, and there would oe 23 -meetings, though there Jfi be » triangular conference rfitaerica, Great Britain, and Fr»n* Cost of the Slump.

Mr Hull estimated that the itnrrtulation of world trade was £S£r * » loss of 6.000,000,000 dolkn a year. He said he believed that the nations bad tried out the experiment of domestic policies long enough, M d bad been starved down sufhtioitly to be in a state of mind to lintel to new proposals. Co-operation Wanted.

He predicted that the conversations at Washington would bring riiarply to the attention of the world the absolute necessity for world ecoBjialß rehabilitation, the first object sought being the realisation by all nations that it was suicidal to go >n at ttey had been going, with each Jmtad off from the other a to the maximum extent. If ill the nations, after a careful analysis of what has happened du>inf tot last 10 or 12 years, should unanimously agree that they are a.'J irtlniteiy worse off, they ought to be able to decide upon a modification of the policy of extreme isolation." he said. Mr Hull summarised the whoK> purpose of the meetings as "merely collaboration to obtain the viewpoint! of the enlightened nations, and, after a free interchange of information, impressions, and ideas, to km them converge so that all can «tw the World Conference, with a other definite idea in common. lilt, in my opinion, will make the London proceedings much more wferly and systematic than would (tterwite be the case." An earlier message read:

The American programme for the economic recovery of the world k aid in a high official source to ifidude the elimination of trade 'faanars in the shape of excessively nigh tariffs and exchange restriction*. It does not include a dl<s«tskm on war debts.

American officials feel that if ereful ground work is not laid itst, when the conference is convened in London many committees till be appointed and months will P» without anything being accomItished. I j PUN TO REDUCE TARIFFS. EARLY ACTION. it ROOSEVELT'S INTENTIONS. WASHINGTON, April 7. A fiat 10 per cent, reduction in United States tariffs is reported in informed Congressional circles to •• one of the basic recommendatons of a message and bill expec- ** to be sent to Capitol Hill next treek by President Roosevelt. «t will contain provisions for the resident to negotiate tariff agreements and authority for the Presi*»t to reduce duties in exchange Jar concessions by foreign Powers. £» understood to be sufficiently ™k& to give him virtually a free toad in seeking a revival of world '•rjde. ECONOMIC PARLEY IN AMERICA. MR MACDONALD'S VISIT. (MITtSH OrrtUAt. WIKKJ.BS3) RUGBY, April 7. Mr Ramsay Mac Donald will leave *> April 15 by the Berengaria, «*ching New York on April 21. *k will return by the same liner ; n April 26. arriving at Southampton on May 3. Miss Ishbel MacDonald will accompany him. w Roosevelt's invitation stated «at he would particularly welcome n. VW * by Mr Mac Donald in the my P* 5 -"*. and expressed the hope «wt he would stay with the President at the White House, and bring *'*» him any members of his i<auly that he desired. . *w Mac Donald said it was with '"J* greatest pleasure that he ac;|Ft*d the invitation, on the recom"f&ation of his colleagues. He w »tud be very happy indeed to stay

with Mr Roosevelt at the White House. Mr MaeDonald's visit to America will be discussed in the House of Commons on Thursday. Washington reports that Herr Hitler has also been invited to Washington personally, or to send a representative. REPRESENTATIVES OF OTHER NATIONS. LONDON, April 7. Th£ new ambassador to the United States, Dr. Hans Luther, is expected to represent Germany and M. Edouard Herriot will represent France at the Easter discussion at Washington preparing for the World Economic Conference. A Washington message says that Japan, China, Argentina, Chile, Brazil, Mexico, and Canada have been invited to send representatives also. In each case Mr Roosevelt expressed a desire to taik with the head of the Government, or, failing that, with one of his trusted Ministers.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19330410.2.63

Bibliographic details

Press, Volume LXIX, Issue 20827, 10 April 1933, Page 9

Word Count
831

A NEW WORLD POLICY. Press, Volume LXIX, Issue 20827, 10 April 1933, Page 9

A NEW WORLD POLICY. Press, Volume LXIX, Issue 20827, 10 April 1933, Page 9