The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-14
COMMITTEES TOLD
TO HAVE REPORTS
READY BY FRIDAY
Care Will Be Taken to Avoid
Note Of FinaIity Because Of
Tariff Truce
WANT. TO CONTINUE IT
couzens Expresses Disgust at
Lack Of Progress But With
)" draws Remark
WANT TO CONTINUE IT

London, July 14.-(F-The steering
committee Of the world economic con-
ference decided Friday to recess the
worldwide parley on July q.
All committees were notified to have
their complete reports ready by next
Friday.
The full bureau meeting will be con-
tinued the following Tuesday and the
final plenary session will be held the
9th. ...
1t is understood great care will be
taken to avoid q note Of finality at
the plenary session. There will be a
clear indication the conference is ex-
pected to resume at future date.
This attitude would permit continue
ton Of the tariff truce which was for
the duration Of the parley and which
many nations desire not to terminate.
The plenary session will have to
confirm the steering committees de-
cision to close out the deliberations,
but leaders consider this q mere for
mality.
Senator James Couzens Of Michi-
gan was the center Of interest Fri
day in private meeting of the sub.
committee which Is considering the
question Of commercial Indebtedness.
Couzens Is Disguised
It was understood the senator ex-
pressed disgust at the lack of pro-
gross and declared the subcommittee
might as well adjourn.
James NJ. Cox of Ohio then called
his colleague aside for q few minutes
confidential talk, after which Couzens
withdrew his remark.
Henry l.. Stimson, former Secretary
of state, visited conference l1eadQuar-
tiers Friday and held long CONVEX
sation with his successor at Washing
ton, Cordell Hull. This was the first
time Stimson had visited the delega-
tons office.
After plunging from sensation to
sensation, the conference ends its fifth
week Friday with the unofficial topic
OF price raising overshadowing the
rapidly narrowing field of official ac-
tivity.
It was at Great Britain that the
daily charge of obstructionism was
levelled Friday In conference Hobbies,
which still echoed the blunt refusal
Of Walter Runciman, president Of the
British board of trade, to have any,
thing to do with extensive public
works programs, either directly on
nrit a io,e yao ~ ~ L., Jirno<I~, I>,, -~.> ~
ing loans to other nations for such
purposes
Seek Higher Prices
Pressure was being exerted on Run
ciman's fellow cabinet members, how
ever, to bring England around to q
program Of raising the price of the
worlds staple commodities as more
important than keeping the pound
pegged In the neighborhood of 86
French trans.
' These suggestions have been put
forward as possible solutions for eco
nomic ills.
Some disappointment was expressed
in dominion quarters that there has
been no specific plan Of action forth
coming from President Roosevelt, but
there were conferences all day Thurs
day between dominion leaders, J. M.
Keynes, British economist, and others,
and it was understood that British
program for recovery is being evolved.
It was reported that the dominions
were seeking to have sterling divorced
from the franc, with subsequent CO.
operation In the American imitation
project in view.