COMMITTEES AT WORK.

Press, Volume LXIX, Issue 20903, 10 July 1933, Page 9

COMMITTEES AT WORK.

FUTURE PROGRAMME DISCUSSED. LONDON PRESS OPINIONS. (bhitish omiciat. TfiKSLcss.) RUGBY, July 7. As president of the World Economic Conference, Mr Ramsay MacDonald met the chairmen of commissions and heads of delegations this morning to discuss the next steps to be taken to carry out the decision reached yesterday by the bureau. Later all the sub-commis-sions of the economic commission, dealing respectively with commercial policy, co-ordination of production, subsidies to merchant shipping, and indirect protectionism met jointly to consider future work. Two sub-commissions of the monetary and financial commis- 1 sion s>i the conference, dealing respectively with immediate and permanent measures for restoration, are also meeting privately to-day. A new programme of work will emerge as the result of these and other meetings to be held within the next two days and will enable the bureau on Monday to map out its future work. J Newspaper Comment. Press opinions of the bureau decision differ widely. "The Times" says that it is abundantly clear that there are a number of problems which, in spite of fluctuating ex- i changes, are still susceptible to firm | conclusion. Some of these conclusions might have to be provisional, and await their application in the light of international exchanges. "The Times" cites the agreement reached by the four great wheat exporting countries, and suggests that it would be' intolerable if the export economic representatives of over 60 countries, with the organising machinery of the League Secretariat at their disposal, should disperse without achieving such results as may seem immediately practicable to a considerable group of their members. The "Daily Mail," on the other hand, while agreeing that economic questions may still usefully be discussed, says that it would be wise to recognise that the attempts to find a solution for monetary problems has for the time being failed, and to adjourn the conference for three months, which would enable Mr Roosevelt's experiment to be tested thoroughly. The "Daily Telegraph' agrees that there are many questions of international interest and ; scope which can, in the new circumstances, be materially studied; but the hopes originally built on the conference went very far beyond the utmost that can now be looked for. The "Manchester Guardian' also favours adjournment. It says that while technically the conference has not ended, its driving power and authority have been lost, and there are now sharp limits to what can be achieved. The decision of the bureau to proceed with its work to the utmost extent possible necessitates a complete review of the conference activities. The situation will be clarified when, on Monday, the bureau has before it the reports from the various sub-committees, several of which were in session during the day. Meanwhile the position is being considered at private meetings of the various delegations, and there have been consultations between the delegates at which the major issues before the conference were discussed. Mr Mac Donald, who took a prominent part in these consultations, presided over a meeting of the British Cabinet held at the House of Commons this evening. British Plan. At a meeting of the monetary sub-committee, which had before it an agenda including credit policy, price levels, the limitation of currency fluctuations, exchange controls, the problems of indebtedness, and the resumption of lending, Mr Neville Chamberlain (Chancellor of the Exchequer) emphasised the difficulty of isolating particular items for discussion without raising others, and he proposed that all should be subject to further discussion. , The Rumanian delegate proposed, and -M-. Georges Bonnet (France) supported, that the work of the committee should cease on questions other than indebtedness This question might be profitably discussed, while, on the other side of the conference, work on the questions of conditions of production and marketing and the organisation of labour might be proceeded W Senator James Couzens (Urnted States), while recognising that there were differences of opinion on how best to accomplish the primary purpose of the conference, foTelieve unemployment drew attention to Mr Roosevelt's endeavours to raise price levels, and hoped other countries, each in its own would assist. He saw no reason for not continuing with the work before the committee. W S* Henry Strakosch .(India) submitted that the exclusion of the Monetary questions from consideraC3[conflict with the bureau British proposal was approved £ e 2s votes g, 15, with one abs en- ?•„ There were several abser- ££' Thf chairman, Signor Guido Jung (ItaU will report the result of the debate to the bureau. BRITISH MOTION SUPPORTED. RANGE OF DISCUSSIONS. LONDON. July 7. The Empire voted solidly for Mr Chamberlain's motion to resume the disSssion on the whole range ot subjects before the conference, he Soviet remaining neutral, and the minority consisting of the European with the carry- • « f>v eicht votes to seven, of v&JSs pSpoS in the economic that tariffs be not diseasedbecause they were inseparwu, linked with monetary prob- & JhS iWgd the