Evening star., 1933-07-20
HULL WOULD KEEP
TRUCE ON TARIFFS
Britain and Gold Countries
Oppose ProposaI-U. S.
Reservations Expected.
BY the Associated Press.

BY the Associated PFeSS.
LONDON, July 20-Secretary Of
State Cordell Hull was described ir
high American circles today as making
vigorous fight behind the scenes Of
the World Economic Conference to pre-
serve the general principles of Presi-
dent Roosevelt's truce on tariff changes
Strong opposition was said to have
been encountered in British and Euro
pean gold standard countries. and
American adherence is expected to be
continued only with reservations allow
ing for such advances in tariff sched-
ules as may be necessary under the re-
covery and farm acts.
Hull, chief of the American delega-
ton, is determined, however that the
truce idea shall not be permitted to be
discarded. After. being advanced by the
American administration, the armistice
was made effective at the beginning of
the conference June II and was to be
extended through the period Of the
parley.
Permanent Body Planned.
Conference leaders were said author
itatively to have determined to form a
permanent body to keep the conference
alive in London during the recess which
begins July 81.
This body, it was understood, will be
a small steering committee composed of
Prime Minister Macdonald of Great
Britain. conference chairman; James
M. Cox of Ohio, and Premier Hendrix
Collin of Holland, as well as other
officials of the principal commissions
The plan is to have the Ambassadors
at London represent those delegates on
the committee who go home.
new resolution in which, if ac-
cepted. the nations would subscribe to
the American idea of price raising and
agree to use such measures as seem
most feasible for each nation has been
prepared by American experts and has
been approved, it was understood, by
Washington.
American circles, however. said today
it had been virtually decided not to
introduce the proposals since it was
thought chances for its acceptance at
this late hour would be slim.
United States Doesn't Approve.
The monetary subcommission COM
pleted their work with unanimous &C
ceptance of a. resolution on interna-
tional indebtedness, and report that
all countries, save the United States,
had accepted a resolution on central
bank cooperation.
1t was explained that the Federal
Reserve Bank found consideration Of
this resolution to be premature" but
expressed willingness to cooperate at
some future time if such action does not
interfere with national policies. Reports
will be made to the session of the full
Monetary Commission on Monday.
The Dominican Republic offered an
amendment to the resolution on in
debtedness which would have made it
read that the nations not only would
strive to meet their debts but would
approach their creditors to set the time
and terms of resumption of debt service
in cases of default.
The Dominican representative said
later that this suggestion was offered
on his Cwn initiative as desirable gen.
eral principle and without conferring
with representatives of the United
States or of other large creditor ma
tions. In view of the difficulty OF
changing the prepared debt resolution
at such a late date, he agreed to let
his amendment go merely as a recon-
mendation in the final report.
Couzens Sails Tonight.
Senator James NJ Couzens of Michi-
gan. after attending his final confer
ence meeting before sailing for New
York tonight, said he personally was
opposed to final acceptance of part OF
Senator Pittman's resolution that gold
should be re-established as the inter-
national measure of exchange values
the time and parity being for each
country to determine"
Senator Couzens had not objected to
the final report on the resolution in
subcommittee because the rest of the
American delegation approved, he said,
and he was minority member"
Senator Couzens told a London re-
porter: I'VE came over here with hopes
for the conference higher than We real
ized
when we got here. we discovered a
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