Evening star., 1933-04-09
i. S. PRESSES DRIVE
TO FREE SHACKlES
OF WORLDS TRADE
Invites II Nations to Send
Leaders for ParIeys With
Roosevelt.
ECONOMIC ISOLATION
ASSAILED BY HULL
Bill Giving President Broad Au.
thority for Commercial Ac-
cords Is Awaited.

CU4Qo 10 Al WdAkCAs
The American Government, rising to
new leadership in world affairs, yester-
day completed its first step in the
campaign to break down world trade
barriers through sending out to the last
of IL nations bids to dispatch their
leading statesmen to confer with Presi-
dent Roosevelt.
This job done, Secretary Hull in an
emphatic declaration to newspaper men
reasserted the break being made with
this Governments policy of the past doz-
en- years. He blamed past administra-
tions for leading the world into policies
of economic nationalism, charging to
them much of the responsibility for
present paralysis of commerce around
the globe.
1t is high time, he said, for the
United States to meet its responsibility
by checking the course Of economic
isolation. When he spoke invitations
had just been dispatched to the neigh
bor nations of Mexico and Canada to
have their chef statesmen come to
Washington to join in finding way to
get real results out of the coming Lon
don Economic Conference.
The bids, transmitted verbally by
Undersecretary William Phillips, COM
pleted the list of nations which will be
invited to send special representatives
and brought the total to IL. With the
nations not specially invited the Roose-
welt administration will carry on any
exchanges of views through regular
ambassadorial representatives.
World Farley June Is.
In a busy day of international
activity, word was received in high
ofiicial quarter that the World Monetary
and Economic Conference at London
will be held probably within week of
June Is.
From over the world came indications
that other countries are falling in line
with the purpose OF President Roose-
welt In laying firm groundwork for
the London conclave on which Ameri-
can oflcials believe depend the hopes Of
all nations for q revived economic life.
I The State Department had not yet
been informed definitely Of his coming,
but former Premier Edouard Herriot of
France already was arranging to sail
shortly. Prime Minister Ramsay Mac
Donald of Great Britain will leave for
the United States week from today.
Also preparing to be represented are
the other countries invited-Germany
and Italy, completing the European big
Asia; South Americas "ABC" powers
Argentina, Brazil and Chile-and the
next door neighbors. Mexico and
Canada.
Premier Bennett May Come:
There is considerable expectation here
That Prime Minister r. B. Bennett Of
Canada will come. The whole purpose
81 the converse tionS which will be car
ried on individually with each rather
than at r0und-table meeting, was set
forth by Secretary Hull at his press
conference as enlisting the nations in
support of policy of freer trade
through lowered tariff barriers and abo-
Htion of exchange restrictions.
The Secretary added he believed the
nations have been starved sufficiently
to bring them to a realization Of the
fact that they are living in a new age,
a period which calls for just such eco
nomic reform as Is proposed In the pro-
gram for the conference.
Once the broad tariff policy is agreed
upon, said Hull, each nation in turn
would be privileged to carry it out in
its own way, through its own domestic
institutions and governmental agencies
The fixing of tariff rates will be treated
as a function of the individual nation
At the same time, Hull said in re-
sponse to question in regard to re-
ciprocal tariff agreements. practical
formulas will be worked out that can
be agreed upon and that are calculated
to form the most effective approach.
Legislation Forthcoming.
A bill designed to give the President
broad authority TO make commercial
agreements with foreign nations will
be sent to Congress soon with spe-
cial message
Emphasizing the effect of the drying
up of the stream of trade in recent
years, Hull told reporters that instead
of $50, 200, 600 900 of world commerce,
the total now reaches only between
twelve and eighteen billion. OF which
the American share Is from six to eight
billion
IT, United States, he added. would
be IN vastly different situation If
thai volume of trade were available
now to those who produce such ex-
port products as automobiles, wheat,
cotton, machinery, oil, coal and other
products.
The practical results of the present
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