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A COMMON COURSE

BEITAIN AND AMERICA

THE ECONOMIC CONFERENCE

LONDON, 12th January.

The Geneva correspondent of the "Daily Telegraph" says-that as a result of the discussions of the Preparatory Commission for tho. World Economic Conference British and American experts have agreed on the general lines of a common course of action. It is hoped that the French experts will simLliarly produce concrete proposals which will lead to a definite formula. The American delegates hope that the Powers will roach some arrangement regarding war debts before the Economic Conference meets. Their contribution is that if a satisfactory agreement on debts is reached America. will probably entertain the idea o-f lower tariffs, but at the same time she will require Britain to stabilise sterling, if not on the gold basis, then on a determined basis which will aot admit of insecurity. The correspondent* adds: "A feeling of optimism is justified. This is a new Geneva, a Geneva faced .with catastrophe,, and all parties prepared to make concessions."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19330113.2.75

Bibliographic details

Evening Post, Volume CXV, Issue 10, 13 January 1933, Page 7

Word Count
165

A COMMON COURSE Evening Post, Volume CXV, Issue 10, 13 January 1933, Page 7

A COMMON COURSE Evening Post, Volume CXV, Issue 10, 13 January 1933, Page 7

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