Imperial Valley press., 1932-11-14
HOOVER INVITES
GOV. ROOSEVELT
Continued From Page II

rear platform for Mrs. Hoover, and
crowds have cheered the President.
His train rapidly was making up
lost time early today and railroad
officials said the schedule was such
that Washington could be reached
easily at 7 a. m. Wednesday.
Frank Hitchcock, former post
master general, was a visitor on
the train from Tucson, Ariz, to
Benson, Ariz., he had dinner with
the President and Mrs. Hoover.
The Presidents telegram to Mr..
Roosevelt said in part:
THE moratorium which I pro-
posed year ago in June served a
great purpose in staying destruction
in every direction and giving Eur
ope a year in which to realize and
so modify their attitude on solely
European questions as to support
their credit structure from great
deal of further destruction. They
have made very substantial progress
during that year in financial re-
adjustments among themselves and
toward armament reduction . i.
II have publicly stated my posi-
ton as to these (debt) questions,
including that 1 do not favor can
collation. in any form, but that we
should be receptive to proposals
from our debtors of tangible COM
penSation in other forms than di-
rect payment in expansion of mar
kets for the products of our labor
and our farms. If negotiations are
to be undertaken as requested by
these governments, protracted and
detailed discussions would be nee
essary which could not be con-
cluded during my administration.
To Discuss Other Matters
ANY negotiation of this question
on basis of requests of these gov
ernments is limited by the resolu-
ton of congress, and if there is to
be any change in the attitude of
congress it will be greatly affected
by those members who recognize
you as their leader and who will
properly desire your counsel and
advice.
"I am prepared to deal with the
subject as far as it les within the
power of the executive, but it must
be our common wish to deal with
this question in a constructive
fashion for the common good OF the
country.
Il am loath to proceed with rec
concentrations to the congress until
I can have an opportunity TO con-
( fer with you personally at some
convenient date in the near future
There are some other important
questions as to which I think ar
interchange of views will be in the
public interest. The building up oi
world stability, is of course, of tht
| greatest importance in the building
up of our recovery. AS you know, &
world economic conference will bt
| held during the course of the com
| ing winter. Already two American
experts have met with the techni'
cal experts of other government
to prepare tentative agenda. Whil'
the conference may be begun dur
ing my administration, it is GER
tain that it will not complete it
labors until after you have assumed
office.
Parallel with this is the disarm
ament conference in which the Uni
ted States has taken a leading part
"Time is of great importance il
these questions, and ] understand
you are planning to come through
Washington some time during tn
latter part of next week, and hop
it will be convenient to stop of
long enough for me to advise will
you.
Il should, of course, be only to-
glad to have you bring into thi
conference any of the Democrati
congressional leaders or other ad
visers you may wish"