AMERICAN POLICY

Evening Post, Volume CXV, Issue 47, 25 February 1933, Page 11

AMERICAN POLICY

ROOSEVELT REGIME

LARGER ORIENTATION

WORLD BEFORE WAR DEBTS

MR. CORDELL HULL SPEAKS

United Press Association—By Electric Tele* graph—Copyright (Received February 25, 1 pjn.")' WASHINGTON, February 24. The newly-appointed Secretary of State in the Roosevelt Administration, Mr. Coidell Hull, at a Presa\ Conference on Friday, said: "There should te no laxity, on the part of this or any other nation in the ob? servance both in the letter and spirit of treaties and of international good faith." "War debts were described - by Mr, ■ Hull as but one factor in the restorav tion of world economic relationships. He pointed to the rehabilitation, of ■world commerce and the maintenance of peace as the two gjeat fundamentals upon which would^rest the success of. the Eoosevelt Administration's foreign policies. "Manifestly," he saia, ''I cannot undertake at this stage .to dis« cuss either the policies or programmes. There has been a .general letting down since the war of moral and political standards by both, peoples and Governments. Thera Should be no laxity on the part o£ this or any other nation in the Observance both of the letter and spirit of treaties and international good faith. There sTionld he sane and realistic international co-operation, keeping in mmcl our traditions and constitution, to aid ia preserving the peace of-the world. This policy ia vital. This natioa henceforth must play its full part mi effecting the normal restoration of national economic relationships and in: world economic rehabilitation, from: which, alone a -business recovery in & satisfactory measure can be toped for." .- c Mr. Hull s&id that he wouH talk oa Monday with the French Ambassadoi and soon with the British. Ambassador; to begin arranging the ■ mechanics of' the Debt Conference. " Six Eonald Lindsay catted on thai Secretary of State, Mr. H. L. Stimsonj on Friday, but neither would dis* cuss their subject later. The impression grows stronger daily in -wellinformed circles that economic prol*lems have a more prominent place in!' the White House discussions thai debts, and that agreements designed: to stabilise currencies and stimulate-' trade may be agreed upon in principle before the debt question ia formally: considered. '