STANDSTILL POLICY
IN FOREIGN AFFAIRS ROOSEVELT'S EYES ON HOME NEW YOBK, June 19. The Washington correspondent of the "New York Times" says there is every reason to beliove that President Boosevelt and his Administration are determined to maintain a "standstill" atti-" tude towards foreign affairs ponding a definite indication as to how the domestic recovery programme is going to function. Treasury officials reiterated that the Government would not participate in any "experimental or emergency" stabilisation proposals, while even the comparatively mild 10 per cent, tariff reduction unofficially proposed by American delegates in London has met with widespread disfavour. Considerable significance is attached to the official announcement that Professor Moley, President ' Roosevelt's personal adviser ou economics, sails for London on Wednesday. He will not serve aa a delegate, but will give Mr. Cordell Hull information ou the trend of events at home, which is interpreted to mean that he would explain the necessity of exerting caution in any international agreements tending to retard domestic recovery.
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Evening Post, Volume CXV, Issue 144, 21 June 1933, Page 9
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164STANDSTILL POLICY Evening Post, Volume CXV, Issue 144, 21 June 1933, Page 9
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