Evening star., 1933-06-14
Ignores Critics
in Address at
Farley.
ALSO DEMANDS
STABLE MONEY
Makes Plea to End
NatiOnalistic
Policies.

critics, who have bitterly assailed
the American currency and war
debt policies, Secretary of State
Cordell Hull called upon the World
Economic Conference today to
stand against economic national
ism by all-nation participation in
the American proposed tariff truce.
Presenting the eagerly awaited
American views of the conference,
Mr.. Hull did not so much as men
ton the war debts, which have
constituted the main target Of at
tack against America. 1t had been
thought in some conference quar-
tiers that he could not ignore them
because they had been given such
great emphasis by the spokesmen
for other nations.
Three Points Stressed.
Three points we're stressed by the
chief of the American delegation.
He called for removal of "all excesses
in the structure of trade barriers"
He urged the conference to face the
"vexed problem of permanent inter-
national monetary standard and lay
down the proper function of the metals,
gold and silver, in the operations Of
such standard in the future"
He emphasized the necessity Of tax
ing measures for the removal OF
restrictions upon foreign exchange
dealings" saying that this might in
volve balance sheet reorganization Of
certain countries"
His address was received with many
marks of approval among foreign dele
gates. Members of the British dele
cation indicated that they were pleased
The thing which, perhaps, drew the
most general comment was the fact that
the reserved American Secretary Of
State played his cards close to his
chest all the time and gave no concrete
indication of the American proposals
which viii be forthcoming to carry out
the general program.
Last Of big Five"
Mr.. Hull was the last of the big five"
to address the conference, France, italy,
Britain and Japan having preceded him
because of 1slay in the preparation of
his address, which was to have been
delivered before any of them. He faced
an resemblance of delegates Of whom
some had bitterly assailed the American
war debt and monetary policies.
The entire American delegation was
present to near their chief speak Mr.
Hull was given tribute of applause by
the crowded house as he took the ros-
trum after an introduction by Prime
Minister Ramsay Macdonald.
THE world cannot longer go on as
it is going on at present." he declared.
THE first and greatest task at the pres
ent juncture is the development here
in this hall of will and determination
on the part of the nations vigorously to
advocate this course Thereafter plans
and methods will readily take form"
Mr. Hull said he advocated a broad
program which would steer a middle
course between extreme economic in
ternationalism and extreme economic
nationaliSm.
Hits at Sel6shness.
He warned that if any nation wrecked
the great conference with a short
sighted notion that some of its favorite
local interests would temporarily profit
while thus indefinitely delaying aid for
the distress of every country, that ma
ton will merit the execration of man
kind"
He pleaded for Punishment Of mar
row and self-defeating selfishness."
'The whole panic-ridden world is
looking to this conference for leader
ship" the Secretary of State declared.
Referring to depleted treasures, un-
employment and low prices, he said he
had absolute faith" that the conference
has complete ability, power and dis
position to move the world, and this 1t
will accomplish If it promulgates a pro-
gram which, in conjunction with suit
able domestic programs everywhere, will
restore confidence, employment and full
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