Evening star., 1933-05-09
DEBT
TALKSARE PLANNED
Negotiations Expected to
Proceed During London
ParIey, Hull Says.
BY the Associated Press.


Secretary of State Hull said TO-DAY
that it was expected to carry on war
debt negotiations during the time OF
the World Economic Conference begin
ming June IL, but to conduct them IN
dependently Of its session.
Secretary Hull said in answer to a
question that it had not been decided
vet whether these negotiations would
take place in London or through diplo-
matte channels at Washington.
Asked whether execution of this plan
for talking debts simultaneously with
the conference would not require sps-
cial powers from Congress, the Secre-
tary said the negotiations could be con-
Quoted without such a resolution. al
though in that case deflnlte commlI-
ments could not be made.
President Roosevelt disclosed several
DAYS ago that he was considering ask
ing Congress to pass resolution 10
give him authority to deal with deptS.
Conversations Proceed.
Encouraged despite the ever-present
shadow of complications arising out OF
war debts, the administration went
ahead TODAY with its conversations
aimed at smoothing the way for the
| London Conference, now less than nve
weeks off.
Secretary Hull undertook discussions
with Finance Minister T. v. Soong OF
China Later conversations were to be
resumed with DR.. Hjalmar Schacht, the
German representative.
Tomorrow the eighth of the IL ma
tions invited by the President for these
preliminary talks will appear with ar
rival of Alberto j. Pani, Mexican
| finance minister.
With all of these the tariff truce will
be taken up confidently as result OF
the British acquiescence today. The
German representative already has in
dicated approval So has Italy. France
and Japan have indicated acceptance
with reservations. Belgium yesterday
accepted Internationally.
Holland lined up in support OF the
proposition today when J. H.. van
Royen, Minister of the Netherlands
called on Undersecretary Phillips at the
State Department to arrange for begin
/ ming economic conversations.
/ Major Diplomatic Triumph.
The success Of Norman H. Davis in
winning over Great Britain to support
of the tariff truce was regarded here
as a major diplomatic triumph which
greatly increases the hope OF success at
the World Conference.
The recent talks between President
Roosevelt and Prime Minister Ramsay
Macdonald of Great Britain here like
wise were seen as having contributed
to making the agreement possible.
MacDonalds address to the House
| of Commons today was noted with in
on disarmament clarified the Presi-
dents attitude by stating definitely that
he is ready to work for American ad-
herence to a consultative sse1for united
international opinion against war, pro-
vided the Disarmament Conference al
Geneva makes concrete reductions In
arms.
Silver was slated for prominent part
/ in the discussions with the Chinese rep
resentative. China is a heavy user Of
the metal and would gain tremendously
in purchasing power by an increase in
| its price.
Van Royen Sees Phillips.
In other respects, the conversations
took much the same course as those
previously with British, French, Cana
dian, Argentine, Italian and German
representatives invited here by the
President The general object was to
enlist Chinese cooperation in the
American program.
Soong was accompanied by Minister
SEE and two Chinese experts. Hull
was flanked by his usual aides, includ-
! ing William C. Bullitt, special assistant;
James P. Warburg, New York banker,
and Charles w. Taussig, New York
business man.
The Netherlands Minister said Hol-
land, being a free trade country, was
willing to cooperate in the tariff armis.
tice and do everything possible to revive
world commerce.
Roosevelt Host to SoOng.
President Roosevelt was host al
! luncheon yesterday to the Chinese
finance minister and later resumed his
conversations with DR.. HjalmaI
Schacht. Representative of the German
government and president of the
Reichsbank.
DR.. Schacht also conferred at some
length with Secretary Hull the two
sitting down with their aides around
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