The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-05-25

NJ hs Jaws economic CO nj er-
.nce In London. This he accom-
nlished. according to an announce
ment BY Prime Minister MacDon-
AID In the house Of commons, al
though Great Britain made impor-
taht reservations providing that the
trade pacts now being negotiated
Nv Britain should not be affected.
The text of the agreement between
nmyis and Macdonald was cabled
10 Washington for the final ap-
proyal Of the American government,
which was promptly given.
France, Italy and Belgium have
accepted the tariff truce, the two
former STIMULATING that 1t be based
on the present dollar valuation and
that q superduty can be imposed It
the dollar depreciates further. Fa-
yorable responses were expected In
Washington from Japan, Germany,
Holland and China.
Urine MINISTER MAC DONALD
/ in his speech to parliament also
took up the subject Of war debts
and world disarmament, throwing
considerable light on the neg0tia-
lions between his government and
President Roosevelt.
He declared that the world eco
aomic conference cannot be fully
successful unless the war debt diff
fculties have been removed before
e comes to an end. He said that
on this there is complete union of
opinion" The premier asked par
lament to hush up discussion Of
this question and not ask embar-
RAISING questions concerning his
negotiations with the United
States.
He said that If the world disar-
nament conference was to come to
anything like a satisfactory con-
clusion, the United States would
have to take part in a consultative
pact, "the effect Of which would be
to increase the security Of Euro
pean nations and the safety Of
threatened nations against war"
The United States, he said, had SO
agreed and an announcement would
soon be made In Washington to
that effect.
President Roosevelt presumably
agrees with Macdonald concerning
the necessity Of settling the war
debts. He sent to congress mes
sage asking that he be given au-
tnority to deal with the other ma
lions In settling the debt issue, at
least temporarily. Secretary of
State Hull admitted that the debt
matter would be taken up concur
fently with the issues before the
economic conference, but both he
ana macdonald insisted 1t would
not form part of the conference
discussion. Macdonald said the
June 10 due date on debts was IAN
awkward hurdle" and asked parlia-
ment not to make it harder to sur
mount by premature debate.
france hopes for q moratorium
OF It's equivalent on the payment 1t
owes June Is, and the cabinet con-
nrmed Its decision not to pay the
nineteen million odd defaulted In
december unless it is granted. re-
!eeung Herriot's proposal that the
oeot interest due be paid imme-
ulateiy. In Washington it was said
.ae administration felt strongly
'aat no consideration should he
gwen France on the June Is paw
uent unless she first paid I'D the
'u@ tnat was due in December.
~ mis- message to congress Presi-
vent roosevelt also asked for q
srant OF blanket power to negotiate
.arin fevisions so he can carry ont
as program for stimulating world
saoe by breaking down high tariff
barriers. -"
uRNING back to the matter or
world disarmament, we again
nla Norman Davis active. He had
Dng talk In London with DR.. AL
n'', rosenberg, who Is Chancellor
. i.lefs chief adviser in foreign af.
sars' and is said to have told him
ss a,ts mat the United States ia ut
al. s opposed to any increase in
lma anents- by anyone, and that
A.. regards Germany's pres
A. policy of demanding a larger
a. ~ as an obstacle to the success
Ia, =. disarmament conference. He
Un,,sa e German know that the
ca. ea States government thinks
d,s,nAy Is tending to become a
us.urber Of European peace.
d,so o,senoerg in return, it is said.
ma.A ained any intention on Ger
40. ns part to disturb peace bnt
.on liberated Germany's claim to
h ~ OF ornaments, preferably
Oe obtained by disarmament of