Evening star., 1933-07-08
France Admits Defeat in Ef-
fort to Limit Subjects to Be
Considered at Revived Eco
nomiC ParIey.
ALLIANCE OF DOLLAR
TO STERLING FEARED
Continental Group Plans 0bstruc-
ton to Force Early Adjourn
ment-Psris Hopes to Avoid
Blame if Conference Is Dissolved.
Committees Meet Monday.
By the Associated Press.

Sy the Associated Press.
LONDON, July 8.-After having
saved the life of the World Eco
nomic Conference by his order to
fight to the finish against ad-
journment, President Roosevelt
provided his delegation here today
with more ammunition to strive
for the parley's success.
Cordell Hull, Secretary of State
and chief of the delegation, re-
ceived a long cable message from
his chief, which, while it had not
been entirely decoded at midday,
was known to contain guidance
and was expected to tender as
sistance in carrying the Ameri-
can Presidents campaign for a
worldwide price recovery.
American Group Pleased.
Mr.. Roosevelt's latest move aroused
entirely different emotions in the two
embattled camps-the gold bloc and the
countries which support American
policy.
The American group was jubilant at
the prospect of being able to present
concrete proposals to the parley in sup
port of their desire for treatment of
the full original agenda.
Leaders of the gold countries, how
ever, declared that the Presidents pro-
gram is destined to soEdify what they
characterize as the dollar-sterling bloc,
comprising the United States, the
British Empire and number OF smaller
states, and assist it to oppose the Eu-
ropean gold standard nations.
The new dollar sterling alliance was
filled with vigor as the result OF sue
cesses during the past two days ana
received new inspiration from the lnol-
cation that it was being given concrete
material to place before the conference
for consideration.
Gold Bloc Anxious.
Opponents of the Anglo-Amer1can
rartv frankly admitted concern at see
ing Great Britain swing away from the
palj bloc toward the dollar along with
its dominions.
There has been much talk that the
GOLD countries should organize to de
fend" themselves against what they
consider a menace to their position as
gold nations.
In high quarters connected with the
dollar group it was said that there was
a steadily-growing tendency faVorlng
poinq ahead with the full business OF
fha conference irrespective of the gold
bloc'S attitude.
If the gold countries do not like what
Is being done they can make reSerFa-
tions, but supporters of the dollar group
said there was much in the monetary
field which could be done even without
their support.
The gold allies, according to an au-
thoritative source, at the moment nave
a two-point program providing, first,
that while they will not quit the
conference. they will do everything pos
sible to obstruct SO that its proceedings
NAV be ineffective and adjournment Will
come shortly.
French Admit Defeat.
The second reported point was to
work to shift from the shoulders OF
France any responsibility for torpedomg
the parley
Georges Bonnet. French finance min
lister and chief of the gold group, re-
mained in London over the week END
and was busy today in private confer
ences. Among others he talked with
American and British delegates.
French delegates admitted defeat to-
day in their efforts either to adjourn
the conference or limit its discussions
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