Evening star., 1933-06-23
FRANCE FIGHTS u. S.
TARIFF PROPOSALS:
PARLEY WON'T QUIT

TARIFF PROPOSALS:
PARLEY WON'T QUIT
Continued From First PageD
| amount, of these articles which may
cross the frontier and this total Is
apportioned throughout the world
among countries exporting to France.
American radios. fruit, electrical
equipment and machine tools have been
hit heavily by this system.
Macdonald Optimistic.
Prime Minister Ramsay Macdonald
! as president of the conference declared
in a statement to the press this after
noon that the conference was not going
to adjourn.
II am entering the third week with a
very buoyant and hopeful heart" he
added.
Despite yesterdays Franco-American
rapproachment, which at least tenn
porarily ended the currency stabiliza-
ton crisis that threatened to wreck
the conference, the question Of adjourn
ment was again raised in the Steering
Committee this morning.
The British prime minister revealed
this in his talk with the press. With a
sweep of his hand he added dramatical-
ly: But it was laughed off,"
Mr.. Macdonald said in substance
that yesterdays developments had
cleared the air and paved the way for
further progress. He asserted that sue
cess Of the conference depended on the
sterilization Of currencieS. but pointed
hot Ay,,a N l.
izing the dollar are very real.
In any event currency uncertainties
are not going to be allowed to block
the conference. the Prime Minister
made clear. and "all the work that can
go on is going on
General Work Halted.
It was a new Macdonald who faced
the press. For days he had been fight
ing to save the conference from collapse
over the stabilization issue. All Of hi
| knack of bringing warning men together
had been exerted, and when the solu-
tion was found yesterday he was ex-
hausted.
A prominent member Of the Ameri-
can delegation. commenting on Mr.
MacDonald's attitude, said: Thank
God we have an optimist in the presi-
So far as the general work OF the
conference is concerned. 1t suddenly
dived underground for the most part
Numerous subcommittee were strug-
! Cling with various momentous problems
/ behind closed doors.
An authoritative source close to the
| American delegation said that very rea
and constructive work was being done
! bv these committees. He added thai
the members were imbued with the de-
! sire to get ahead and accomplish some
thing.
{ This spadework is likely to continue
| for a considerable period before tht
subcommittee will be able to formu-
| late concrete programs and report Il
| their parent commissions, which, II
turn. will bring the proposals before
! the conference as whole.
Concerned Over Dollar.
High British quarters made no effor'
to conceal their serious concern ove1
the continued gyrations OF the dollar
but with Americas inability TO stabilize
at this iuncture made clear, the British
expressed sympathy with the position
of the United States.
Secretary Of State Cordell Hull anc
James M Cox held a prolonged dis
cussion during the morning. Mr.. HUI
and the British prime minister pu
their gray heads together over cups O
| coffee In the delegates lounge.
Finance Minister Georges Bonnet o
France and Premier Hendrix Collin o
The Netherlands, representatives o
gold standard countries, were frank,
gloomy over the lack Of dollar stabili
zation But M Bonnet, before entrain
ing for France to spend the week END
fatty denied reports that the CONT
mental gold countries must join tn
United States and Britain in suspendln
the yellow metal standard.
Conference quarters in close toucl
with the developments at private meet
ings Of two subcommittee, which ar
considering the American proposal I
return TO definite monetary standar
when conditions permit, expressed grea
encouragement over the attitudes Of tn
various nations in these discussions.
All the important powers were au
:horitatiyely described as trying [
bring divergent policies together rathe
than each fighting knockdown, drag
out battle for its individual view.
Fill in Blanks Later.
The delegates of the gold countrie
were described in high conference quar-
ters as willing to work out solution
of economic and financial problems i
; theory at this time although they es
= pressed the firm conviction that n
: agreements could be reached unit
| sterilization had been effected
} In the subcommisSion OF the ece
S nomic commission dealing with CON
I mercial policy Delegate di Nola
= Italy declared that unless the cor
t ference does something substantial
abolish import and export restrictlor
and prohibitions lit will have dor
nothing worth doing to restore intei
| national trade"
He said he believed prohibitions an
| quotas for imports were the worst
all obstacles to trade. and assertf
| that the British proposal OF trying
discriminate between different kinds
- restrictions, with a view TO safeguare
d ing the domestic price level, was tc
q vague.
y Declaring that any multilateral cor
D. tention for the total abolition OF pre-
hibitions would include too many e.
n ceptions to be really effective, II
n Italian spokesman concluded that b
l. lateral agreements would give the be
le results