The Waterbury Democrat., 1933-06-13

terjee, Of the league of nations,
and Alexandra Malinoff of Bull
garia,
While Malinoff, former premier
of Bulgaria, was speaking. j.. H.
Thomas, member of the British
cabinet, entered the hall. He mount
| ed the rostrum, bent down to Mac
Donald's side and they talked
earnestly, with their heads close
together. He obviously brought
news of some developments in war
debts.
One of the important develop
ments Of the meeting was Japan's
lining up solidly behind the Roose-
veltian relation policies. 1t dem
onstrated that Ishii's visit was the
most successful Of all the repre-
sentativcs ~pf major powers to
Washington.
Ishii heartily endorsed the stimuli
taneous tackling Of currency and
trade barrier problems, and an In
ternational policy Of liberal credit
and cheap money. Daladier proved
to have been won over only to
the Roosevelt public works policy
and otherwise is for deflation,
while Jung was definitely defla-
tionary.
The conference adjourned until
1880 a. M, tomorrow, when
Chancellor Englebert Dollfuss Of
Austria will be the first speaker.
Secretary of State Cordell Hull,
head of the American negotiators,
had been scheduled to make the
first speech to-day. Suddenly, with
out explanation, it was announced
that he had waived his valuable
opening time to Premier Edouard
Daladier of France. From then on,
the delegates paid scant attention
to the speakers.
The United Press understood that
| Britains' war debt maneuvers
caused President Roosevelt to cable
Hull during the night suggesting
several alterations and insertions
in his speech. For some reason
the cable was not decided until
this morning, just a few minutes
before Hull was to go to the con-
ference. Arrangements were made
for Hull to speak Wednesday after
noon, and the American delegation
remained at the hotel to help Hull
redraft the speech. the United
Press was informed.
While Daladier, Finance Minister
Guido Jung, of Italy, Viscount XII
kujiro Ishii of Japan, General Jan
c. SHUTS of South Africa, and FL
nance Minister Pedro Cosio of Ur-
uguay, were speaking, Prime Min
lister Ramsay Macdonald. presiding
as conference chairman, glanced
| nervously at the empty desks OF
the American delegation. He APP
peared both worried and confused.
Macdonald injected the war debt
issue in the conference yesterday
despite the fact that 1t was not
part of the agenda, by declaring
economic restoration depended up
on settlement.
| Many delegations were convinced
that Hull was waiting for official
announcement of the British war
debt policy in the house Of COM
mons to-day before making his
speech.
American sources said that Hull
delayed his speech because the
last minute alterations made 1t inn
possible to assure the wide publica-
ton Washington desires.
Even as delegates glanced nerv-
ously toward the empty American
benches with war debts foremost in
every mind, Jung injected the dues-
ton into the conference discus
sion.
"These debts must at last find
a final settlement" he asserted.
He said that war debts should be
handled on the same plane as other
/ economic problems.
Cosio, the final speaker of the
morning session, finished at 1887
p. m. The conference then adj
journed until 8 p. m. when 1t will
consider resolutions of the interna-
tional labor office.