Evening star., 1933-06-12
Program Car
ries Four Spe-
cific Points.
HULL TO SEEK
GRADUAL CUTS
Thinks Money Issue
May Require Po-
litical Action.
BY the Associated Press.

LONDON, June 12-An eXpoSi-
tion of the American viewpoint
shortly before the World Economic
Conference opened today gave
four specific ways for attacking
high tariffs and expressed faith
that some progress will be made
of reasonably satisfactory ma
ture."
Secretary of State Cordell Hull,
head of the American delegation,
told score Of newspaper cor
respondents from various nations
that he believed this generation
lis just a little more capable of
graphing with these difficulties
than any that has gone before"
Four Specific Proposals.
The specific tariff proposals Mr.. Hull
said the conference might consider are:
First, general revision simultaneously
through various governments and par
liaments.
Second, small horizontal reduction
as a preliminary step.
Third, regional agreements between
neighbor nations, such as that in effect
between Holland, Belgium and Luxem-
bourg.
Fourth, purely bilateral tariff bar
gaining.
All these methods, he said, might we'll
contemplate the most favored nation
doctrine and as few conditions as
necessary.
OF paramount Importance at the out
set Mr.. Hull maintained, Is for the
nations to agree on as many different
methods OF attacking the barriers rs
possible. He personally favors any or
all which will be most acceptable and
effective, he said.
Receives Newspaper Men.
Mr.. Huh, looking serene in a morn
Ing coat, q winged collar, and black
tie received the newspaper men in his
hotel room few hours before the his
tory making World Economic Confer
ence was called to order to consider
economic problems Of the world.
- A5SSaStoay cdiu any agreement
on tariffs must be carried out grad
ually and carefully, but the mere fact
that enlightened nations had agreed
would have tremendously valuable
psychological effect Immediately.
He emphatically asserted that the
United States would keep pace with
any the other countries are carrying
out"
This statement was in reply to
question whether the necessity of rati-
fcation by Congress was not difficulty
The secretary was less specific on the
monetary aspects of the American pro-
gram to be presented at the parley.
u. s. Delegation Ready.
Monetary sterilization, he said, may
involve some political action as well as
approval by central banks He added
1t was not wise for him to speculate"
just how ready the various nations are
for some kind of stabilization.
Il think the American delegation will
be thoroughly ready to enter the OPEN
Ing session of the conference and 90
forward IN its share of the work with
such hope as ordinarily and reasonably
characteriZeS q movement of such mag
nitude and character"
In conclusion Mr.. Hull asserted that
I'VE are all in the same boat; we are
all going up together or all going
down"
A few hours before the conference 1t
appeared that seven members of the
American delegations technical staff
would not be able to find places in the
conference hall because of its limited
capacity.
Senator Key Pittman- was indisposed
this morning and his attendance at the
first meeting was considered unlikely.
Ferrara Has Tariff Plan.
Secretary of State Orestes Ferrara of
Cuba told an Associated Press repre-
sentative that he would propose to the
conference a prudent" reduction in
tariffs designed to cut off "the peaks"
among the worlds trade barriers.
Senor Ferrara emphasized Cuba's in
terest in tariff reduction, since tina.
nation pays tariffs aggregating $780,
100000 in normal year, principally on
sugar and tobacco.
His proposal will be disclosed during
the earlier stages of the conference.
Failing agreements here, Secretary
Ferrara said he would undertake to
work out the difficulties through COL
laboration with nations of the Western
Hemisphere.