The Waterbury Democrat., 1933-04-27
By RAYMOND CHAPTER fIrnited Press Stan COrrcspondcnt)

Washington, April 27-(UP)-- With Britain and France firmly enlisted in the battle for economic recovery, President Roosevelt to- day marched ahead into new territory in his quest for internh- tional action to heal the ailing world.
 First in order in another busy day was long discussion with Prime Minister Bennett of Can- ada, here as the representative of the United States second largest cue' ger. : adjustments and other m of increasing Canadian American trade to the benefit of both countries were important on the schedule for this talk. Plans for bettering the price of the great output of wheat and silver from Canadian and American farms and mines also were slated for consid- eration.
 Offers of war debt revision, a consultative pact to help preserve peace in exchanges for real arms reduction, and scaling down of tariffs now stand out as the major American contributions to the cause of world recovery developed in the European phase of the con ferences.
 French aspects of the debt and disarmament issues were due for further discussion this afternoon in Mr Roosevelts final conference with Former Premier Herriot, who leaves tomofrow.
 The president soon will ask con- gress for authority to take definite action on the debts. While the nature of his proposals remains unknown, 1t is likely that q tenn porary arrangement will be made on the payments due June 15. The world economic conference, where permanent adjustment fig expect ed to be worked out, will be just starting at that time.
 Talk of a general moratorium on June 15 payments was describ- cd in official circles as highly speculative" The presidents pol icy has been to deal separately with each debtor. Hence, 1t was pointed out. he might ask congress for authority to extend payments from nations he was convinced could not pay.
 Meantime. il proposal was pend Ing in the senate for acceptance in silver of all the $3a8, 900, 900 debt payments due this year. This would be equivalent to Il sub stantial reduction in the payments.
 With the British phase of his conservations behind him, Presi- dent Roosevelt appeared convinced that much had been accomplished In laying the groundwork for il maximum of action and a mint mum of talk at the world eco- homie conference. Prime Minia- ter Macdonald was homewnrd bound today after pledging the president his cooperation.
 From behind the vague official communiques which have been is. sued during the conference. out. lines of the world recovery nro- gram which President RooseveIt enyisions begin to appear.
 :. First of all he has Approached the problem in the spirit of inc good neighbor" as he promised in his inaugural address. The renrn' sentatives of the great powers have basis of mutual confidence which n not always present in interna. uonai negotiations. It is a yaeiie and personal thing. but none fbe leAs real and powerful. 'S
 Getting to more concrete mat ters, the situation has advanced to this stage: 'o
 l. MT Roosevelt, Mr Macdonald ana M. Herriot are agreed that Joint action is necessary along ina whole front simuita neously i'm = broad, interlocking action inyoIv- ing return to n fixed ihternationnl relationship between the prlnclna, currencies, revision of war deb,s nlssrfnament. h consultative pnct scaling down of tarIff ana otha, trade barriers. expansion of crsd,, by central banks. an lDcrease i,, general commodity price Ievs,s silver. ''"'us or
 2. They have talked ovsr au aspects of these problems ana have decided that detailed aRreemsn,s can only be reached at tbe wop,d economic conference where sii powers will be represented. co. operation of aIl Is necessary to make any measures effective.
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