Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-05-09

IConanuaa From F1IsI Fase.2 -
during the current year 10 be "emi-
nently desirableR and urging the Varl-
Gus national committees TO Dring Ine
matter to the attention OF their gov
ernments.
Adoption Of the resolution was moved
by william M. Chadbourne OF New
York, American member OF the Resolu-
ton Committee, and seconded by LORD
Luke Of Pavenham, one Of the leading
British delegates.
Seconded by Britain.
seeondine OF the motion by British
DELEGATE was considered significant IN
that Great Britain would have TO De
represented at an international CONFER
ence on silver in order for 1t to make
any progress in solving the silver PROB
lem.
Speeches on the question during the
past few days have emphasized the I'M
portance of obtaining reversal OF
British policy in connection with IN
dian silver. which Is now being sold on
the world market.
The text Of the silver resolution ap-
proved by the chamber follows:
THE International Chamber OF
Commerce, realizing the serious con-
sequences Of the present silver situation
to the economic condition OF the world
considers the convocation during the
current year of a conference at Whlcn
all interested bodies may be heard, for
the purpose of seeking solution to the
problem. to be eTminently desirable. and
urges the national committees TO bring
the matter to the attention Of their
respective governments" >
Address by MendelssOhn.
Won Mendelssohn, banker and
grandson Of the famous composer, spoke
to his associates over here as follows:
The economic interdependence OF the
world Is more strongly expressed in the
universally of the world economic crisis
than in the exchange Of our wares, the
movements Of our ships the means used
for disseminating news. without which
our congress would be inconceivable,
more strongly even than in the picture
presented by the highly developed tech
nical economic system. .
We must do everything to prevent
this world economic crisis from becom-
ing a crisis in the sensible international
economic convictions Of mankind.
I'VE believe that business men, an
swefable with their persons and for
tunes, conduct business more in accord
with the needs of mankind than Is done
y
terminNd by majority or a minority.
20, zoo, 900 Idle i1 World.
The speaker referred to 10000 0OC
unemployed in the world and appar-
entity thinking Of repafstions. said:
THE well being Of the creditor Is en-
dansered when the debtor Is crushed
under his burdens. and when political
and economic conditions endanger pro-
de
chasing power Of the buyer. There Il
no method by which economic well BE-
ing can be permanently isolated In one
"Locked-up capital wealth dries up,
he added. .aout what IL applied 70 fruit
full soil will be productive, both In out
now and return.
I'VE Europeans regard with admira'
ton the great Uniform economic ares
OF the truly United States. Even II W.
cannot follow this example. much car
vet be done and economic barriers
which have become irksome to us, pro
excessively removed.
BUSINESS js.in extraordinary straits
such as It has hardly ever been IN be-
fore. But equally extraordinary arr
the possibilities given 10 the leaders o
business TO release 1t from thes'
straits to convert scientific prcgreS
into progress in well being. and u
convert the riches Of the earth, which
this progress has rendered available
but which, owing TO the present over
production, seems almost TO be curse
into real riches and blessings for man
kind"
The chamber was interrupted In tn
midst OF action on half hundred reso
buttons by q radio address from Berlil
by Franz Won MendelSsohn, uewl
elected president who urged closer eco
nomic relations between the nations 9
the world.
The chamber today went into hIlt
session with attention riyeted principal