AMERICAN ADMINISTRATION

Evening Star, Issue 21315, 20 January 1933, Page 9

AMERICAN ADMINISTRATION

PRESIDENT HOOVER AND MR ROOSEVELT TO CONFER OH FOREIGN POLICY Press 1 Assignation—By Telegraph-Copyright. WASHINGTON, January 19. A brief announcement this morning that President Hoover had invited Mr Roosevelt to visit him on Friday morning, and word from New York that the invitation had been accepted, aroused a flood of speculation in regard to important impending developments in. foreign affairs, both as regards war debts and the Far Eastern crisis. It is revealed that Mr Stimson arranged the meeting, apparently considering that the maintaining of a co-operative foreign policy from the present Adminis-tration-into the nest is imperative. The best-informed circles express the opinion that debts are the primary cause of the conference, although the matter is closely linked with the World Economic Conference, upon which it is believed Mr Hoover wants further elucidation of Mr Roosevelt’s views, particularly in regard to the time at which it should bo called. It is known that Mr Hoover considers that the stabilisation of the poupd is of primarv importance, although according to despatches British opinion favours •holding it in abeyance pending debt revision. This fundamental difference of opinion may develop into the cause of a serious stalemate.

The conference between Mr Hoover and Mr Roosevelt wilPbe held at White House at 11 o’clock in 1 the morning. Both Mr Hoover and Mr Roosevelt will have several advisers.

What will bo said of the Manchurian aituatiou, if anything, is in no way indicated, but it is pointed out that Mr Roosevelt has already reiterated the policies of the present Administration and is not likely to take up a stronger position this time.

EARLY OPENING OF DEBT NEGOTIATIONS NEW TORS', January 19. , The Washington correspondent of tho • >, Herald-Tribune ’ reports that the conference is for the purpose of an early opening of debts negotiations.. “Mr Hoover and Mr Roosevelt find’.themselves in agreement that no time should he lost in seeking a solution of the debts problem, and are hopeful of reaching a basis of action to permit debtor countries to present their cases before the change of Administration takes place.”