Evening star., 1931-06-21
LIKENED TO WAR ENTRY.
England OhiciaIly Silent, But Leaders
Eagerly Approve Hoover Proposal

Eagerly Approve Hoover Proposal
LONDON, June 20 (P).-President
Hoover's announcement that America
was considering stretching helping
hand to Europe in her economic ex-
tremity was looked upon by England to-
night as having much of the Sgnifi-
canoe Of the entry Of the United States
into the war.
Oficially the British government had
absolutely nothing to say but in
authoritative quarters the comparison
into the war at a critical juncture and
the possibility of her jumping in now
to help bridge the economic crisis.
Mr.. Hoover'S announcement, while
containing no promises, was seized upon
with eager approval in. offlcial quarters
where the belief was stressed that to
have delayed action much longer would
have been to court even worse economic
distress for Europe and the world.
Mellon at Cambridge.
Meanwhile Andrew w. Mellon, Ameri-
can Secretary OF the Treasury, who
despite his insiStence that his visit to
Europe is of private nature is gen.
orally assumed to have cabled Mr..
Hoover the information on which the
President acted, spsnt the week end
With his son at sleepy Cambridge in q
our-century-old hotel in which there
is not even bath room.
His rooms there we're reserved until
Monday evening. but 1t was hinted that
ne would be whisked away tomorrow to
confer further with Prime Minister
Macdonald at nearby CheuuerS,
There was no information here as to
the form the American aid to strength
en- Germany" might take, but two plans
were suggested-a moratorium on debt
payments and consequent postponement
OF German reparations payments. or
extension Of long-term credit to Ger
many.
While it was stressed that It was
much too soon to speculate on which,
If either, OF these plans would be adopt
ed, there was a belief in of1cial circles
here that moratorium on debt pay
ments, which would ease the British
crisis som swhat and permit Great Brit
ain to ease German reparation pay
ments. probably would be considered
most favorably in England
Since not only the United States,
Great Britain and Germany are con-
cerned. but also France, Italy, Belgium
and other nations, 1t was expected here
than an international conference of
some sort would be held to work out
PIO0AClI1, authoritative quar-
terS it was considered premature to
speculate If, when or whether this con-
ference would be held.
u. S. Situation DificuIt.
Mr.. Melons part In his conversa-
tionS here is understood thus far to
have been that Of good listener. He
Is reported to have reminded those with
whom he talked-Prime Minister Mac
Donald, Foreign Secretary Henderson
and Montagu Norman, governor Of the
Bank of England-that Americas stu
alton also was the most dificult.
But he is assumed to have cabled
back to Mr.. Hoover reports of what
the British government is authorita-
lively said to consider Germany's des-
perate plight and its inevitable effect
on the economic structure of Europe
and the world.
1t is believed that in view Of Mr..
Hoover's statement Mr.. Mellon will be
more open in the conversations and
conferences which probably. will de-
velop before the President of the United
States amplifleS his views sometime
next week.
In view Of the DEVELOPMENTS this
week the forthcoming visit to London
OF Secretary Of State Stimson and the
visit Of Mr.. Macdonald and MI. Hem
derson to Berlin July II are looked
upon as affording still further oppor-
tunity to Straighten out the muddle in
winch postwar Europe finds itself.