ECONOMIC CONFERENCE

Grey River Argus, 10 June 1933, Page 5

ECONOMIC CONFERENCE

NEW ZEALAND’S GOAL. LONDON, June 8. Sir Thomas Wilford says that New Zealand's goals at the World Conference will be, firstly, higher price levels; secondly, the suitable balancing of currencies; thirdly, the removal of obstacles to trade. He personally is of opinion that the questions of tho balance of international payments, prices and exchanges will be forced upon the Conference at the outset. MR. HULL’S STATEMENT. LONDON, June 8. Though Mr. Hull, upon his arrival at Plymouth, was emphatic that war debts will not be discussed at the Economic Conference, there are hopes that his visit to Whitehall will facilitate Cabinet’s discussion of the problem. The American delegation numbers with wives and daughters, over 100. Air. Hull says he has come with a spirit of hopefulness accentuated by tho An-glo-American preliminary eonversa--1 ions. DOMINION’S DEBT INTEREST. LONDON, June 8. “The Sun’’ understands that whatever the decision to-morrow on the war debts Cabinet reaches, Britain is determined not to disturb the Lausanne agreements. Accordingly, if she pays America on June 10, she will continue to relieve the Dominions of the debt interest. ITALIAN DELEGATES. ROME, Juno 8. Italian delegates to the Conference include Signors Jung, Minister of Finance; Suvich, Foreign Under-Secre-tary; Asquini, Under-Secretary of Corporations; Pirelli, industrialist, and Count Ciano, Afussolini’s son-in-law. DAWES-YOUNG LOAN. LONDON, June 9. The “Financial News” says dealings in the Dawes-Young loan will open to-day under the shadow of default. The interruption in the service leaves holders with a rorious grievance.