AGREEMENT PLAN

New Zealand Herald, Volume LXXIV, Issue 22694, 5 April 1937, Page 9

AGREEMENT PLAN

BBITAIN AND AMEEICA DISCUSSIONS PROBABLE ECONOMIC AND POLITICAL By Telegraph—Press Association—Copyright (Received April 4, 6.30 p.m.) LONDON. April 3 Arrangements have been completed for discussions during the Empire Prime Ministers' visits to London of a projected AngloAmerican agreement of far-reaching importance, the beginning of which really dates from Mr. Walter Eunciman's visit to President Roosevelt a few weeks ago. The political correspondent of the Australian Associated Press says he understands that the agreement envisaged would be economic at the outset and subsequently political, "There are difficulties, but they cannot bo allowed to prove insuperable where so much goodwill exists on both sides," says the Times in. a leading article on the projected Anglo-Ameri-can understanding. "An agreement between two of the most important trading nations in the world would set an example which might well prove decisive for world recovery, which requires not merely a reduction of tariffs, the liberalising of quotas, and the removal of other restrictions, but also the adoption of an active policy to encourage and facilitate the buying of goods. "Britain and America could render great service by agreeing not only to conclude a trade agreement, but by cooperating in every practicable effort to raise the.general standard of living in the world." WORLD AFFAIRS MR. ROOSEVELT'S POLICY, (Received April 4, 5.5 p.m.) WASHINGTON. April 3 ' President Roosevelt denies the report that he proposes to intervene in world affairs in the interests of peace.