Evening star., 1932-11-14
CABINET MEN BACK
. OF ROOSEVELT BID.
Stimson and Mills Urged
Hoover to Call in His
Successor.
Continued From First Page.)

Continued From First Page)
not been realized, and the economic
troubles have not come to an end.
Indeed the communique issued at
washington on the occasion Of M. La
walls visit already recognized prior to
the expiration of the Hoover year, some
agreement on intergovernmental obliga-
tions may be necessary covering the
period of the business depression. The
initiative in this matter should be
taken early by the European powers
principally concerned, within the frame
work existing prior to July IS, 1881
Today many thoughtful men through
out the world are convinced that II the
depression is to be overcome, further
remedial measures must be sought"
Invites Americas Views.
The British government then goes on,
pointing out that it was on the assump-
ton that the United States Government
actually intended to behave handsomely
towards its debtors, in case the Hoover
moratorium did not yield the expected
results, that the creditor nations of
Germany agreed practically to wipe out
the German reparations. This action
was "the maximum contribution in the
field Of intergovernmental finance
which the governments concerned have
so far been able to make toward tie
early restoration of world prosperity
7" for the achievement Of which the
cooperation of the United States is es-
sential."
What remedial measure may have to
be adopted can be easily seen from the
recent announcements Of the British
government which were to the effect
that the allied debts to America must
be drastically revised. His majestys
government earnestly hope that the
United States Government will see its
way to enter into an exchange Of views
at the earliest possible moment"
The immediate object OF the note Is,
however, of much more limited nature.
The British government merely wishes
to obtain the consent Of the American
Government to postpone the payment
of the installment due on December Is,
pending an agreement for the final
settlement of the entire amount it owes
the United States.
"On December 49," the text of the
note reads, "the next installment of the
British war debt is due to be paid. 1t
is not possible to hope that agreement
can be achieved in five weeks on mat
ters of such vast scope
Lausanne Precedent.
And, considering the attitude Of the
former allies last Summer at Lausanne
as a precedent, the British government
says: Confronted last Summer with
a similar difficulty, the conference of
w iV1 nvd
to allow its work to proceed undiSturbed,
to reserve, during the period of the
conference, the execution Of the pay
ments due to the participant powers.
His majesty's government in the United
Kingdom hope that a similar procedure
may now be followed, and ask for a
OF the payments due from
them for the period of the discussions
now suggested, or for any other period
that may be agreed upon"
In order to save time, the British gov
ernment wishes that Washington should
be chosen as the place for these nego-
tiations and has designated the British
Ambassador here, Sir Ronald Lindsey,
as the chief negotiator.
The tenor of the French note Is
almost identical with that OF the Brit
ish. The French, too, indicate that
they have been induced ito voluntarily
agree to very heavy sacrifices at Lau-
same in the hope Of appeasing resent
ment existing amongst nations" on the
basis Of President Hoover's agreement
with Premier Laval, an agreement
which was "the logical development OF
the proposal made by the President OF
the United States in June, 1881" mean
ing by this the moratorium suggested by
the President. But the Lausanne agree
ment, being an unilateral affair, COM
ing only from one group Of powers in
terested in the world economic revival,
has fallen short Of its expectation.
Conference Awaited.
France" the note adds, has dis
played at Lausanne and at Stressa an
attitude which is sufficient proof Of the
active interest which she attaches to
the prompt economic recovery of Eu-
rope and Of the effort she still con-
templates making toward fulfilling this
task France Is no less anxious to CO.
operate In bringing about the success
of the worldwide economic and none
tary conference"
After having thus expressed her views
and desire for future cooperation more
clearly than Britain, she, too, requests
that "in accordance with the process
followed at Lausanne, an extension of
the suspension Of payments may be
granted to the French government in
order that the study of the present
serious problems now under discussion
may be continued and completed in