Evening star., 1933-05-06
SCHACHT |ND0RSES
TRUCE ON TARIFFS.
Reich Spokesman Sees Pro-
posaI as Means to Help Ger
many Pay Her Debts.
BY the Associated Press.

BY the Associated Press.
The Hitler spokesman, DR.. Hjalmar
Schacht, entered the White House in
ternational conversations today with an
expression Of unqualified approval Of
the United States proposal for a world
tariff truce.
This support for American efforts was
coupled with a frank declaration to
newspaper men that there can't be
peace In Europe without postwar treaty
revision"
DR.. Schacht, who arrived here yes
terday to join other distinguished for
eign statesmen who have discussed with
President Roosevelt means for restoring
world prosperity said, however, he
would not bring up political questions
unless asked to do so.
Wants to Pay Debts.
Germany Is anxious to join In an
international movement to lower tariffs
so that she may pay her debts" DR..
Schacht said. My government wants
to pay its debts. Germany's two great
problems are how to live and how to
pay lCS OepLS.
Guido Jung, the italian finance min
lister, who had planned to leave WASH
ington this morning, found his discus
sions Of economic problems with Amer
lean officials so profitable that he post
poned his departure until late tonight
so he may continue his talks with
American experts. He discussed disar-
mament with Mr.. Roosevelt yesterday
afternoon.
The conversations with DR.. Tomas
A. LIE Breton, spokesman for Argentina,
are also drawing to a close. T. v.
Soong, China's chief representative, will
meet the President Monday at q White
House luncheon and Alberto j. Pani,
Mexican minister Of finance, is ex-
pected in Washington Wednesday,
Soong and his party of experts were
greeted today by Secretary Of State
Hull.
Declines to Talk.
China's youthful, American educated
Minister Of Finance declined to discuss
either his economic mission or the
Manchukuo situation.
Il am here at the request Of the
President and do not care to make any
statements in advance Of my discus
sions with him which will begin on
MOu0dy, OOOuS SdIQ.
The members Of the party accom-
panying the Chinese Minister of Finance
we're w. p. Wei, counselor; Tsu Yea
Pei, manager of the Bank of China;
DR.. Arthur Young, Y. c. Ching, coun-
selor to the Minister of Finance; S. D.
Wang and z. S. Tsai, secretaries. The
wife Of Tsu Yea Pei accompanied the
party.
German Rates Now Low.
Asked whether Germany will enter
into tariff bargaining with the United
States, DR.. Schacht said German tariff
rates are rather low now as compared
with those Of the United States, but
that he would be glad to discuss the
question with American officials.
The Reichsbank president declared
emphatically he favors no moratorium
on private debts in Germany, but urged
that Germany be put into such a posi-
ton by international agreement that 1t
will be possible to re-enter world mar
kets and meet its obligations.
DR.. Schacht offered little hope for
any effective assistance from Germany
in raising the price Of silver.
On his arrival here late yesterday DR..
Schacht lost no time in asserting that
the present world crisis Is not based on
economies, OuC Oh LQOId1 1dCIOIS. 4A1o
was construed as forewarning OF Ger
many's insistence upon removal OF the
bonds imposed by the war victors.
"All forces are used to keep down the
defeated" DR.. Schacht said.
Praises Hitler Democracy.
This declaration Of the Hitler repre-
sentative left little doubt Of the atti-
tude he would take in his forthcoming
talks with ME-. Roosevelt, but American
oficials believed his host would use
every effort to keep the conversation on
an economic plane.
The German representative also drew
parallel between the powers of the
American Chief Executive and Hitler.
Some of you make mistakes about
talking about the Hitler dictatorship In
Germany" he said, as he faced q room
full Of reporters at his hotel.
Nothing is as democratic as the Hit
Ter government"
He asserted that Hitler first won the
popular election and then received his
broad powers by q two-thirds vote Of
the Reich.
Asserting President Roosevelt had re-.
ceived his authority in exactly the same
way, Schacht exclaimed That's the
one best form Of democracy"
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