Evening star., 1933-01-25
REVISION Of DEBTS
/. TERMED UNLIKELY
Rainey Predicts Refusal by
American People to Per.
nit Reduction.

81
| because the American people are not
going to stand for q reduction in the
debts.
Remove Trade Barriers"
1.-THE debt conferences should be
linked with the World Economic Con-
ference" Rainey said. The thing to do
Is to bring about removal Of interna-
tional trade barriers, SO that trade can
be revived.
| THE conferences already projected
hold only a possibility Of opening up
| trade routes and giving the debtors a
chance to pay"
! Rainey said talk about having Great
Britain and other countries going back
] on the gold standard Is puzzling to me- "
Il don't think any one knows any
thing about the gold standard anymore.
! South Africa, producing So per cent of
, the worlds gold supply, is of the gold
standard because 1t has too much gold.
and England is of the gold standard
because it doesn't have enough.
Sees Silver Coinage.
| IT think we will have to turn to silver
coinage. II would solve the money situ-
ation"
Asked about the action of the Senate
in killing the silver reconciliation pro-
posals yesterday, Rainey said
oh, they'll come up again and
stronger
Debate Opens in Senate.
Shortly after Rainey's statement a
fresh outburst Of debate opened in the
Senate.
Senator Robinson. Republican. of In
diana, precipitated it by asserting that
President-elect Roosevelt's offer to dis
cuss debts with all nations that have
paid their December installments was
an invitation to reduce the debts, and
calling attention to a published report
that an emissary Of the President ELECT
was in Great Britain talking with Off
cials about an 80 per cent reduction.
Senator Robinson Of Arkansas. the
Democratic leader. entering the chamber
during the speech, interrupted to say he
understood Robinson was using news
paper reports ''as the basis for violent
attacks"
He got no further before Robinson
OF Indiana cut in on him to say:
Not Violent attacks. I resent that
The other day the Senator said I was
playing cheap politics. When any one
speaks for the American people, it is
cheap politics. 1t seems a man must
go to a naval conference to become
broadminded"
The Democratic leader, who repre-
sented the United States at the London
Naval Conference, tried several times
to interrupt the shouting Republican.
will Speak In "Own Time"
Finally the Democratic Senator gave
up and sat down. saying he would speak
later in his own time"
He gained the floor a few minutes
later to call a demand by Robinson of
Indiana that President-elect Roosevelt
deny or affirm reports that an emissary
OF his was negotiating for an 80 per
cent slash In the British debt, 1.-The
cheapest politics ever played in the
United States Senate
The Democratic leader asserted "this
IS not argument. but inflammatory, de-
clamatory denunciation."
His statement the Democratic
chieftain said, rs unjust and not cal
culated to inspire confidence in the
Senate in SO far as he attempts to re.
feet the views Of the Senate"
Robinson Of Indiana had said:
There Is no doubt in the world that
these invitations have only one thing ir
mind-that's to reduce the debt anc
Congress had definitely declared there
shall be no reductions.
ident-elect to set aside. even before his
Inauguration. resolution Of Congress.
and undo all that Congress has saic
shall not be undone."
Cites Resolution.
Robinson then cited the resolution
adopted by Congress when the Hoove.
moratorium was ratified, saying, 1T /:
expressly declared to be against the
policy of Congress that any of the in.
debtednesS of foreign nations should b<
in any manner cancelled or reduced"
Declaring the Indianan was endeav'
oring to "discredit" the incoming Pres
ident in the eyes Of the American peo.
pie. the Arkansas Senator said:
Mr. Roosevelt Is coming in under
very grave difficulties. We all realize
that in order to restore confidence il
is necessary for those in authority tc
speak truthfully and to speak with in
formation.
Where any Senator undertakes t.
inflame prejudice in the minds OF the
people in giving credence to reports no'
authenticated he is not performing 8
patriotic service and so far as I an
concerned he does not reflect the true
spirit Of the American people"
Niceties Are Ignored.
:. Parliamentary niceties were ignored
as the two Senators clashed.
The Democratic leader refused during
his reply, to yield to Robinson o1
Indiana, saying
In view of the personal reference.
to me by the Senator and his refusa
to yield. think 1t is clear indication
of the disposition and character Of thu
Senator from Indiana, after beint
deliberately discourteous to me.
J Il said the other day the Senator
was playing cheap politics. That nigh
not be construed to be courteous. Blu
make the declaration now that he!
playing the cheapest politics I've eve
;. known to be played in the Senate.
He is seeking to impair the useful
ness and weaken the honor Of the next
Chief Executive by undermining the
confidence of the public in the integrity
of his purpose.
mo Question Before Congress"
II "There is no question before the
Congress involving international debts
. Neither the present Chief Executive
, nor the future Executive has taken any
: action that places the question before
: Congress.
; 1T is the Senator from Indiana, the
self-appointed representative Of all the
American people, the sole spokesman
: for the righteous and Just, that as.
sumes to tell the people that the Presi-
J dent-elect is betraying their cause.
THE question may come to Congress
If it does Congress will then have the
option of reafirming its former resolu-
ton or modifying its stand to meet the
necessities or justice of the situation
|
lPARAGUAYANS CLAIM