WORLD CONFERENCE STALEMATE.
NO PROGRESS TILL CURRENCY REFORM IS TACKLED. UNITED STATES THE STUMBLING BLOCH. (By Telegraph-Press Assn.-Copyright.) (Received This Day, 11.5 am.) LONDON, June 23. While Mr MacDonald was today proclaiming optimism in regard to the outcome of (the World Economic Conference, one of the chief sub-committees issued the following important unanimous resolution: “No general measure regarding (prohibitions or tariffs can be adopted while the currencies of the principal and other States are not stabilised.” This means that the (Conference is unable to reach vital decisions until the (stalemate caused by the American failure to support the earlier stabilisation (scheme is overcome.
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Horowhenua Chronicle, 24 June 1933, Page 5
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103WORLD CONFERENCE STALEMATE. Horowhenua Chronicle, 24 June 1933, Page 5
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