The Washington times., 1933-04-24
MONEY, DEBTS
AND TARIFFS
7 DISCUSSED
Accord Already Reached on
Necessity of StabiIizing
Dollar and Pound
(Continusd from Page -

Inc SC11euulC 11do UCCA4 0S Ga
ranged that Mr.. Macdonald and
M, Herriot will be at different
places at the same hour. While
M. Herriot is having tea with Mr..
Roosevelt, the British premier will
be tea-ing with ex-Secretary Of
State Stimson at his suburban
home in Woodley. Stimson is re-
garded as probable member OF
the American delegation to the
world economic conference.
Lengthy Farley Indicated
The arrangements for the world
conference probably will be long
in the making. This was indi-
Gated today by the decision Of
the British to leave several of
their experts behind when Mr..
Macdonald departs on Wednes-
day for home. It is likely the
French will leave some Of theirs.
too.
The extent to which the debts
are figuring in the discussions,
or will figure, remains undis-
closed. None Of the brief COM
muniques has even mentioned the
troublesome issue. 4
The impression has been con-
veyed that the urgency Of the
monetary question has showed
the thorny debt problem far in
the background. It cannot, how
ever, remain there indefinitely,
but the manner and shape in
which it is to be brought for-
ward remains to be seen.
Experts in Session
The Anglo-American experts
continued their sessions today
and will report to President
Roosevelt and Mr.. Macdonald
at $3.50 p. m.
While they were meeting, Mac
Donald was guest Of Senator
William E. Borah at breakfast,
later going to the Canadian Le-
cation.
At 10:30 a. M, Macdonald re-
turned to the White House and the
general conference was resumed.
In the large oval room on the
second floor were the President,
Secretary of State Hull, Under
secretary Phillips, Mr.. MacDon-
aid, Sir Ronald Lindsay, the
British Ambassador, and Sir
Robert Van Sittart, British un-
dersecretary for foreign affairs.
A new figure in the section Of
American expe4 IS appeared today,
Charles Taussig, New York econ
omist. He sat in the conference
with the british experts.
On Cruise Yesterday
Macdonald and Mr.. Roosevelt
today resumed discussions held
yesterday aboard the Commerce
Departments yacht Sequoia,
which carried them on a 12-hour
cruise of the Potomac River,
while the French envoy arrived
in the Capital.
Returning to the White House
in the evening, the two repre-
Sentatives of the English speaking
nations held further converse
tionS, following which the White
House issued terSe resume. It
read:
"The President and Mr.. Ram.
say Macdonald had further
meeting this evening at which
the Secretary of State, the Brit
iSh ambassador, and the Am
erican and British experts were
present.
"SOme of the subjects gen.
orally outlined at Saturdays
meeting were explained in fur.
ther detail. The discussion
centered around the monetary
aspect Of the agenda Of the
world economic conference.
"After q helpful exchange
Of views it was arranged that
further discussion between
the experts should take place
ut the office Of the Secretary
of State, Monday, at ii a. M,
preliminary to a further con-
ference with the President and
Mr.. Macdonald Monday at
$3.50 p. M"
DISARMAMENT A PROBLEM
Problems of disarmament, as
well as formulae to be discussed
by the world powers at the com.
ing conference, will occupy PreSi-
dent Roosevelt and M. Herriot, it
was indicated by an earlier state
ment issued by the White House
Immediately after the return of
the Chief Executive and his Brit
iSh guest. The statement read:
To-day was occupied in q
thorough survey Of the buSi-
ness of the disarmament con-
ference at Geneva. It was lelt
by both the President and the
Prime Minister that the results
Of tOday'S conversations would
considerably enhance the pros
poets of the success both Of the
disarmament conference and Of
the international economic con-
ference.
The President will continue
the discussions Of disarmament
problems with M. HerriOt."
Mrs. Roosevelt and Miss 1shbel
Macdonald. daughter of the visit.
ing Briton, accompanied the
President and Prime Minister
Macdonald on the Sunday cruise
on the Potomac.
M. Herriot and several Of his
associates visited Mt. Vernon this
morning and placed q wreath on
the tomb Of George washington,