AT WORLD CONFERENCE

Evening Post, Volume CXV, Issue 136, 12 June 1933, Page 8

AT WORLD CONFERENCE

MANOEUVRES BEGIN

BANKERS DISCUSS CURRENCY

SECRECY AT DOWNING STREET

United rresa Association—By Electric Telegraph—Copyright. (Received June 12, 2 p.m.) LONDON, June 11. Manoeuvres behind the scenes in connection with tho World Conference have already begun. The " Sun " representative learns that important meetings are being held at the Treasury. Mr. Montagu Norman, of tho Bank of England, Mr. Harrison, of the Federal Reservo Bank, and M. Moret, of the Bank of Franco, with expert advisers, began discussions on Saturday which continued throughout Sunday. It is reported that they are endeavouring to reach a temporary stabilisation truce of the pound in relation to the dollar, and tho franc in relation to the pound, and, if successful, to submit a fait accompli at the opening of the Conference. . Today's comings aud goings at JNo. 10 Downing Street are surrounded with secrecy. Some of the Ministers were hastily summoned to No. 10 tonight, following a dispatch from Washington. Sir John Simon, who was recuperating at Lo Touquet, was recalled, and returned by special aeroplane, and went immediately to No. 10. Tho invasion of London by the delegates continued all day, many arriving by air. Herr Dollfuss, of Austria, travelled by his own aeroplane, with a Fascist bodyguard, and was greeted by Count Ciano and other Italians at Croydou airport. "The Times," in a leader, says: '.'The Conference must not be allowed to fail. It must see the world on the way to recovery, if nations are not to lose all faith in the- capacity of their statesmen. The difficulties-arc not insuperable. The responsibility of tho delegates is clear and inescapable. With goodwill and determination they should certainly discharge it."