Evening star., 1933-05-30
i. U.S.NEGOT|AT|ONS S.
FORPART PAYMENT
OF DEBTS DENIED
Roosevelt Declared InsiStent
That Nations Meet June
InStaIlment.
GENEVA CONFERENCE
MAY HALT TEMPORARILY
Adjournment Considered Advisable
to Avoid Handicapping Work
of Economic Farley.

The White House today emphaticallI
denied new revival of reports thai
President Roosevelt was negotiating fol
partial payment Of the war debts.
AS has been asserted repeatedly. il
was emphasized in sources close tc
President Roosevelt that he is dealing
with EUROPEAN debtors individually and
separately. According to all the out
ward signs, he is insisting on payment
bf the June Is installments.
Some newspaper dispatches published
today and purporting to tell of new
course being taken by Mr.. Roosevelt
prompted the following statement from
Stephen T. Early, secretary to the Chief
Executive:
Press reports stating that the Presi-
dent will use treaty powers to ADJUST
the debts or would permit partial pay
ment of the principle or the amount IN
default are pure speculations with DOUBT
as to the word pure
"The President at this time has no
such intention and probably never will
pursue such course"
Would Ask for Power.
It has become definitely known that
Mr. Roosevelt will not propose that
Congress give him specific power to re-
wise the debts.
However, congressional leaders under
stand he will inform Congress before
adjournment of the status of the war
dept negotiations which he Is conduct
ing alone.
Confidence has been expressed in ad-
ministration circles that at least par
tial payments will be made by the debt
ors when the June Is tnStallments be-
come due, but there Is no indication
that Mr.. Roosevelt will enter into any
agreements for only partial payment.
Meanwhile In high official circles there
Is a growing feeling that since the
Geneva conference is meeting with great
difficulties it might be advisable to ad-
journ 1t temporarily, in order not 10
handicap the work of the world eco
nomic parley which opens in London
on June Is.
Seek Favorable Atmosphere.
These advocates maintain that the
London conference Is SO much more i'm
portant that the Geneva conference,
that the latter would only benefit by
temporary adjournment. II the negotia-
tions in London for an immediate i'm
provement of the world economic situ-
alton progress satisfactorily, there is no
doubt that a better feeling among ma
tions would prevail and the Geneva
conference could resume its work in
n more favorable atmosphere.
This of course is not the point OF
view of the American delegation at
Geneva, nor is it, as far as 1t can be
ascertained, the point OF view OF the
White House.
Ambassador Norman H. Davis Is still
hopeful something might be achieved
at Geneva, and while he also is anxious
to give a rest to the limitation OF arms
parley, he wishes that this should be
done after some platonic agreements
have been reached.
There are only two weeks left be-
tween now and the first meeting OF
the economic conference, and it is be-
lieved here that during this short time,
there can be little hope OF obtaining
even minor results at Geneva.
Ill Feeling Feared.
Those members of the American dele
cation to the London conference who
are worried about the slow progress OF
the Geneva negotiations, believe the
latter Is so dependent on the results OF
the former, that it would be pity to
handicap its work by the Ill feeling
which the disputes at Geneva are
bound to inject in the serene atmos-
phere of the economic parleys.
1t would be also difficult, it is stated
in responsible quarters for the respon-
sible statesmen in Europe to divide
their attention to two entirely different
topics and the continuance Of the
Geneva discussions while the London
Conference is going On, would certainly
prove a great handicap to the Eu-
ropean statesmen.
Furthermore the acrimonious debates
at Geneva are likely to inflame public
opinion in Europe and thus render still
more difficult the work of the Eco
nomic Conference
The President has finished drafting
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