The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-18
NATIONS STRUGGLING
FOR ONE REAL DEED
AT LONDON MEETING
Danubian Countries Agree to
Limit 1888 Exports to
$4,000, 900 Bushels
ADOPT cUR1AILMENT PLAN
Action Is important Since It
Meets Chief Condition
Made BY Australia

AOIlOOIl, July neutrality-suspicious..
tives Of the four largest wheat pro-
ducing nations in the world reached
an agreement Tuesday with Danubian
producers whereby exports Of the lat
ter nations will be held to $4,000 900
bushels this year and 100000 BUSH
els next year.
The accord is held to be Of the
highest importance since it represents
the keystone of provisos set up by
Australian delegates to participation
in an acreage restriction scheme,
which American representatives con-
slider necessary to use up the large ex-
listing wheat surplus in order to raise
prices.
Negotiations for an agreement re-
garding reduction of the world wheat
acreage and exports have been
in progress during the world economic
conference here by spokesman Of the
United. States, Australia, Argentina
and Canada.
The big four" representatives went
directly from a meeting Tuesday
morning with delegates from four
Danubian countries Ru-
mania, Yugoslavia, and Bulgaria-to
q session with Russian spokesman.
In the second conference they said
they would try to tie Russia down to
q definite export quota for the next
two years.
Plan Another Meeting
Another parley with representatives
Of France and other European Inn
porting countries Is scheduled for this
evening, at which time an effort will
be made to induce those nations to
eliminate some of their restrictions.
such as import quotas, which handi,
cap free world market for wheat.
Still determined on international
collaboration, which he believes neces-
sary for the future of the nations,
Secretary of State Cordell Hull was
represented In American quarters as
convinced Of the necessity for some
interim activity until the world eco
nomic conference can be reconyened
The creation of some body of ex-
perts and national representatives to
carry on committee work while the
parley Is in recess was suggested in
American circles as means of grap-
ping with various problems until the
statesmen can come together again.
1t was suggested that James M. Cox
Of Ohio and DR.. Herbert Feis. tech
nical adviser, might remain here to
represent the United States. In such a
group.
Work on Silver Delayed
The silver committee, which was
slated to convene after q recess OF
several days, was unable to reassem-
bic until Wednesday, and it was re-
ported India objected to an export
quota for silver which the United
States has suggested and Spain had
raised sharp objections to restric-
tive agreement on its monetary silver
The silver negotiations represent
important holding and producing
countries. They had been described
as being agreed in principle, although
most delegations were said to have
made agreements conditional upon
acceptance Of certain details by 9TH
ers.
italy Is said to be the only one OF
L1lC nO1CdA kOlO COOl1VlI CO u1lWl1lllIk
to increase its use Of silver while the
Dutch have promised to submit pro-
posal against further debasement OF
existing silver coinage.
It was reported in informed confer
ence quarters that a drastic revision
Of Senator Key Pittman's latest silver
agreement draft Is necessary before
there can be any hope Of an accord.
The Nevada senator still remained
hopeful, however, Of action on his
suggestion to increase the use Of sill
YER
American delegates still were ex-
changing communications with Wash
ington regarding their plans to make
final reports to save the United
States inspired truce on tariff
changes and to seek agreements In
principle on q general price-raisine
moran