Roosevelt’s Adviser in Limelight

Horowhenua Chronicle, 28 June 1933, Page 7

Roosevelt’s Adviser in Limelight

JAPAN MAN OEUVEIN G FOK POSITION ■ —^ Received Tuesday, Midnight. ; LONDON, June 27. Mr. Neville Chamberlain’s suggestion that the Economic Conference deliberations £>n Monetary reform had reached the drafting stage is welcomed by the Press. It is possible that the Drafting Committee appointed to-day will begin immediately the task of co-ordinating the views expressed into a resolution for general acceptance. It is urged in some quarters that Mr. MacDonald thereafter should summon the plenary conference to endorse the resolution and prove to the world that definite conclusions are being reached. Alternatively the bureau may be summoned to review the progress made by the numerous sub-committees. Another interesting development today is the expected arrival of Professor Moley, President Roosevelt’s adviser, who, it is believed, will dodge the army of journalists waiting at Plymouth by flying to Croydon from Ireland if the weather permits. It is reported that Count Ishii is anxious to talk to Professor Moley about silver and the stabilisation of the yen as a basis for a conciliation and arbitration treaty between America and Japan. It is also suggested that if Professor Moley’s arrival does not speed the Conference the Japanese delegation will approach the Powers with a view to bi-lateral agreements on tariff questions. Danger to World if Conference Fails CRUMBLING OF EUROPE NAZIS SEEKING ADVANTAGE

LONDON, June 26. It is symptomatic of the American desire to get things moving that Governor Cox, following Mr. Chamberlain, agreed that the time had come to terminate the debates and get down to drafting. The Sun representative says that more than ever the delegates realise that they cannot let the Conference fail without the world being terrifically endangered. Central Europe has already .commenced to crumble and the Nazis are taking advantage of the "Big Five” being engrossed in London to challenge Austria and defy the Versailles Treaty in the matter of air strength. If the Conference faded, Hitler would probably force Dollfuss to a crisis which could only be solved by war.. Every artifice is being employed by the Nazis to,this end, while Dr. Benes and other diplomats are striving to arrange the alignment of Austria and Hungary with the Little Entente in order to strengthen Dollfuss. Apart from the economic dislocations which are bleeding the world to death there is this tremendous reason why the delegates should remain in session and accomplish something. Despite President Roosevelt’s resolution, the sub-committees are working at high pressure to frame the, outline of a scheme which does not provide for stabilisation, but lays down the broad conditions in which this may be achieved, provided the major nations concur. In another Committee India', to-day dealt a blow at wholesale tariff scaling by affirming that she has provided a 25 "per cent, tariff for indigenous industries for a specified number of years and cannot break this undertaking. She will not agree not to extend equal protection to other natural industries seeking help. At the same time she would welcome a reduction of prohibitive duties imposed by other countries.