The Washington times., 1933-06-12
SPEECH VOICES
HOPES, FEARS
Of 66POWERS
American Delegates Among
First in Seats; Views
Uttered by Hull
CONTINUED from Page y

Ramsay Macdonald this after
noon seized the first opportunity
to throw the controversial sub
ject Of foreign debts into the de-
Gberations.
Addressing the conference in
his capacity as chairman after
King George for IL minutes had
spoken of the worlds struggles
to cope with depression and un-
employment, Premier Macdonald
said:
Behind the subjects 1 have
mentioned is another in the I"
front rank Of Importance.
"It cannot be dealt with here,
because obviously this confer
ence Is not constituted In such
. way as to enable it to con-
slider or settle the matter.
WARNS OF DELAY
81 refer to the subject Of war
debts, which must be dealt with
before every obstacle to general
recovery is removed, and 1t
must be taken up without delay
by the nations concerned.
"The Treaty Of Lausanne has.
been completed and this vexd
questions (reparations) has
been settled once and for all in
the light of present world con-
~ditiOnS.
=: "This conference is the sequel
to the work done at Lausanne
when a conditional agreement
on how to deal with war debts
and reparatiOnS saved Europe
from immediate financial col
lapse"
Britain'S policy, as enunciated
by Premier Macdonald, will be to
drive the Lausanne agreement
straight through the World Eco
nomic Conference.
Macdonald did not mention the
machinery of debt settlement, but
presumably had in mind present
negotiations through diplomatic
channels.
But it was plain that his re-
marks constituted an open invi-
tation to all powers owing the
United States to follow the Brit
ish lead in demanding settlement
on the 1-10 Lausanne basis.
10 Cents on Dollar
AS the Lausanne treaty settled
reparations at 10 cents on the dol
lar, MacDonald's plain inference
was that the international debts
should be similarly settled.
The premier's reference to the
debts, which delegates to the
United States are not empowered
to discuss, came as SurpiSe to
the American representatives.
There was burst OF applause.
from the nations which signed the
treaty Of Lausanne.
Macdonald held the rapt atten-
ton of the delegates. The premier
bore heavily upon what the depres-
sion has done in the way OF world
suffering, privation, and unem-
ployment, but his debt bombShell
was the highlight of the speech.
Prior to adjournment, which
followed MacDonald's speech, the
conference created steering
committee consisting Of II ma
ttonalities, including the United
States, Soviet Russia, and all the
larger powers.
In his opening remarks, King
George observed that no other
monarch in history had ever had
the opportunity of welcoming so
many delegates to an interna-
tional conference.
U. s. ENJOYS Prompt
All the delegates were in
structed to be in their seats 10
minutes before the King arrived
from Windsor Castle.
The American delegation,
headed by Secretary of State
Cerdell Hull, took the instructions
seriously. All it's members were
in their places.
All the delegates were attired
In black morning clothes The
only Splotch of color, save for the
green desks and bright pink
chairs on the dais, was furnished
by the brilliant hats Of few
women seated in the public Sec
ton.
The delegates heard the King
welcome the conference in a
strong, vigorous voice.
He expressed confidence their
endeavors would lead to bene-
ficial results throughout the
world. He said:
"It cannot be beyond the
powers Of man so to use the
resources of the world as to
assure the progress of civiliza-
ton"
The nations of the world, King
George observed, are suffering
from a common illness" The
crisis prevailing, he declared, calls
for cooperation by all nations
and governments "for the good
of the whole world"
IdIeneSS Cited
The monarch referred to pre-
vailing unemployment as the
gravest problem faced by the
world. Translated into "terms Of
human suffering" unemployment
figures constitute a matter Of
grave concern to every resident Of
every nation of the globe, the
King said.
The Kings words rang clearly
through the crowded conference
hall. :