Evening star., 1933-03-11
FACTS ASSEMBLED
FOR TRADE PARLEY
Administration to Tackle In
ternationaI Problems After
Bank Crisis.
BY the Associated Press.

BY the Associated Press.
AS soon as the banking emergency
has been disposed of, the Roosevelt
administration will concentrate its full
force upon clearing the tangle of trade
and exchange restrictions by interna-
ton agreement.
This intention to seek an immediate
loosening of the strangle hold ON world
commerce was made known In unmis-
taxable terms yesterday at the State
Department. Economic advisors and
experts already are preparing masses
OF data for use at the World Economic
and Monetary Conference IN London
this Summer as well as the diplomatic
conversations through which Secretary
Of State Hull and Mr.. Roosevelt hope
to prepare the way for success At the
London conclave.
Through diplomatic channels, both
here md in foreign capitals, Secretary
Hull said he plans to exchange views
with other great powers In advance Of
background for action and to stir up
world enthusiasm for positive and effec-
tive accomplishments.
! Tar1h Is Problem.
At the heart Of the difficulties which
this momentous gathering Of the nations
in the British capital this Summer on
date not yet determined will under
take TO solve. is the matter of prohibi-
tive or excessively high tariffs, which
grew up as nation followed nation in
seeking to solve its financial troubles
by selling goods, but refusing to buy
them.
Questioned as to whether American
tariffs could be taken up at the confer
ence, Hull, traditionally stanch advo-
cate of low duties, said there had been
no decision by the administration yet
on that phase. He assumed, however,
that this Government would function
fully in connection with all of the topics
under discussion at the conference. He
added that it probably would be in a
position to feel justified in such action
The American Government is under
stood to be strictly In accord with the
Preparatory Commission of experts, in
cluding two United States representa-
tives. who recently reported that the
success of the conference will depend
in great measure upon the vigor with
which the participating governments
enter upon preliminary negotiations in
the meantime"
Concessions to BE Sought.
The possible direction of these diplo-
matte conversations was indicated by
the experts further statement that
the prospects of substantial all-round
success in the necessarily complex and
multi-lateral conference discussions will
be greatly enhanced If, in the inter-
vening months. preliminary negotiations
have cleared the way for reciprocal con-
ceSsiOns.'
Preliminary conversations Of this kind
have already been started with the Brit
iSh and French Ambassadors, but prog
reSS has been impeded by the dominat-
ing position domestic matters have as
sumed. In these discussions with the
nations owing war debts to the United
States the subject of those obligations
probably will be discussed also as Secre-
tary Hull has indicated a debtor nation
seeking revision should first declare It
self on tariff policy.
In this way the Roosevelt admins
tration would be using the war debts
as a means of bringing about economic
disarmament" A disposition to use the
debts also as q means of limiting mill
tary ornaments has previously been in
dicated.
Secretary Hull told newspaper men
yesterday that he felt reduction OF
trade restrictions and Of armamentS lie
at the root of efforts to start the world
on an upward business trend.