The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-06-15

lOSN11 nebo q NINCAA1l VI "SSAN
into one of the League of Ma
lions commissions"
Litvinoff continued, saying
that "since then, economic warfare
has developed in new forms every
day."
The Soviet plan which he urged
again today is very different from
the tariff truce" so-called, which
Roosevelt proclaimed in May. Speak
ing of a truce acknowledges the ex-
iStence of a state of war. An
armistice means a cessation Of all
fighting, not merely abstention from
the beginning of fresh battles, and
the same should be true of economic
warfare" Litvinoff accordingly pro-
posed an undertaking by the powers
for the simultaneous suspension of
all legislative and administrative
measures for economic warfare. Then,
referring to the recent English en-
barge on Soviet imports, he said,
there are certain countries which
are reviving barriers which have
once already been removed, against
economic cooperation with the So
Wet Union"
U.S.S.R Building Socialism.
Lityinoff declared that the attitude
of the capitalstic world toward
state of 170,00O000 inhabitants which
has adopted the Soviet system, and
is building Socialism, with contrib
uting factor to the political uncer-
tainty in the world.
The spokesman for the Soviet
Union stood before the Conference as
the representative of the only coun-
try which was not faced with the
problems of SURPRISES" and unem-
ployment, declining production and
mounting deficits. Instead he
declared specifically that the Soviet
Union in the near future would be
able to absorb about $200,000,000
worth of ferrous metals, $100,000,000
worth of raw materials for the tex
tile, leather and rubber industries,
and $500 900, 900 worth of machinery,
including railway equipment. THE
significance of these figures" Litvi-
noff said, twill be more evident if it
is realized 1T they amount to be-
tween 25 and % per cent of the ex-
listing world stocks with respect to
metals like aluminium, nickel, copper
and lead; 100 per cent in the case
of some of the consumers goods men
toned; one-third of the annual world
export of machinery, and the whole
of last years shipbuilding output"
Litvinoff sardonically remarked
that he assumed that most of the
countries present were interested in
the export of these commodities men
toned.
The previous speaker to Litvinoff
had been Hull, leader of the United
States delegation. The program Of
America, as he put it forward, was
very much as expected. AS remedies
for the present crisis Hull suggested
the Punishment of narrow and self
defeating selfishness." He called for
cessation in the erection of trade
barriers, with their 'excesses, rank
determinations, and ate-breeding
reprisals and retaliations." The U. S.
suffering at the present moment
from ''reprisals" against its own ex-
ceedingly aggressive policies of trade
war on its rivals. Hull asked also for
the removal of unfair trade meth
DDS, and Of all "excesses" in the con-
struction of trade barriers. Finally,
erhaps with Argentina in mind, he
demanded the adoption of means to
remove restrictions from foreign ex-
change dealings" Germany and
many of the Central European pow
ers have adopted restrictions on for
eign exchange dealings in the recent
past.