The Washington times., 1933-08-11
GOVERNMENT 8
PLANS STATED
IN HYDE PARK
Interest Lies in Business Situ-
alton, Not in Politics,
It Is Made Plain

HYDE PARK. N. Y, Aug. IL
G.NSO THE American Govern
ment for some time has been and
is now working in friendly fashion
to bring about a reorganization of
Cuba's complete economic Setup,
with a view to helping the island
republic build for itself q sound
prosperity. This was learned to-
day from sources close to the sum-
mer White House.
The interest of the United States
in Cuba lies more in the economic
field than in the political, and the
feeling of this Government is that
with complete overhaul Of the
Cuban economic system the politi-
cal troubles will iron themselves
out.
Four Major Objectives
There are four major objectives
In the new deal" which the
United States would like to see get
under way in Cuba. They are:
A land policy directed to-
ward returning the small
planter to his land, where he
will raise diversified crops and
labor troubles will not affect
him disastrously as they do
now.
A complete refunding of the
national debt, bringing down
the principal, the interest rates,
and amortization payments
and extending the payment
time.
The establishment Of an
equitable regional sugar agree
ment whereby a fair amount
of Cuban sugar would be al.
lowed to come into the United
States under preferential tariff
rates.
A concentration Of the re-
ciprocal tariff treaty studies
with a view to giving Cuba
every fair advantage.
Political Strife in Way
In connection with this pro-
gram, which the American Gov
ernment has been forwarding,
the present political troubles in
which the island republic is en-
broiled must Of necessity smooth
out considerable before any
progress can be made. A policy
of watchfulness has therefore
been maintained by the United
States, and will be continued.
Just how the desired program
can be effected in Cuba is a mat
ter for further study, but the
American Government will do
everything friendly in its power
to bring it to pass.
The present trend in Cuba is d.
rectly opposite to that desired in
so far as the land policy is con-
cerned. For the past IS years the
small planter has been gradually
eliminated from the agricultural
element. This trend must be
stopped and the trend back to the
land started in some way, this
Government feels. The poorer
classes must be provided with
enough land to grow the crops
that will keep them alive, even
though they cannot get employ
-ment.
Debt Is Big Concern
The Cuban national debt is a
matter of serious concern, this
country feels. In the first place,
1t is altogether too high. Secondly,
the interest and amortization pay
ments are too high. The desired
objective is a small scaling Of the
debt itself and a complete new
financial set-up which win lower
the overhead costs Of the debt,
and, of course, lengthen the time
Of payment.
Concerning the sugar problem,
this country feels that the quota
of 1,750,00O tons of Cuban sugar
per year to come in under prefer
ential tariffs. which was discussed
in the recent sugar conference in
Washington was too low. A figure
of 100000 tons or more would
be nearer the right amount, it is
felt.
Mr.. Roosevelt will leave Hyde
Park about 10 o'clock tonight,
Washington time, by train. He
will go directly to q point in
Virginia near the Civilian Con-
servation Corps camps in the
State and will visit at least two
of these as he motors back to
C4S