HOOVER & ROOSEVELT.

Wairarapa Age, 22 December 1932, Page 5

HOOVER & ROOSEVELT.

NO AGREEMENT ON DEBT COMMISSION. PRESIDENT-ELECT STRICTLY NON-COMMITTAL. PREFERS USE OF DIPLOMATIC AGENCIES. (Received Wednesday, 7 p.m.) WASHINGTON, December 20. Although the communications * have not beon,published, the “New York Times” Washington correspondent to-day learned, the essential points of telegrams exchanged between President Hoover and Mr. F. Roosevelt, President-elect, regarding co-operation in the formation of a Debt Commission. Mr. Roosevelt’s reply to-day was friendly, and in some respects helpful in tone, but rejects the commission idea as opposed to his own belief that existing diplomatic agencies are sufficient for the purpose of re-examina-tion. He is also unsympathetic to -the suggestion of tying up the debt reexaminers with the delegation to the Economic and Disarmament conferences, stressing the view that debts are a separate matter, but promises “to do nothing to retard or hamper immediate re-examination.” He passively objected to Mr. Hoover’s ostensible exclusion of tyme debtor nations, apparently wishing to leave the door open for negotiations with France. Mr. Hoover is now faced with the question whether he should proceed on his own initiative. It is now thought likely that he will be governed by Britain’s action. If she requests an immediate review, he could not well deny it, but if Britain prefers to await Mr. Roosevelt’s inauguration, Mr. Hoover probably will drop the matter.

NO FURTHER PAYMENTS. UNLESS GERMANY PAYS REPARATIONS. LITTLE ENTENTE DECISION. BELGRADE!, December 20. The Little Entente has decided to make no further war debt payments to Britain and other creditors unless Germany resumes reparations. (Other messages relating to war debts appear on page 7.)