The midland journal. (Rising Sun, Md.) 1885-1947, 1933-05-05
WORLD ECONOMIC FARLEY

from a long residence in Ger
many and who a few days ago
was talking confidentially of
European affairs, Everything
depends upon the World Eco
nomic Farley which is to be
held in London in June-fif-
teenth l believe is the time now
fixed. If the. big countries of
the world can get together
then, do something about cur
rency Sterilization, removing
tariff barriers, WORK To-
GETHER, perhaps something
can be done.
But at the same time he ut
tered that sinister prophecy SO
often spoken recently-even by
Bernard Shaw in his address
and one broadcast speech in
New York-that if this were
not done "the end of our pres
ent civilization was in sight.
Bernard Shaw was particu-
larly emphatic. He ran briefly
over the Civilizations which
have risen and fallen. He also
said something about America
which has been little quoted.
He slammed the country and
the constitution, this being
much quoted, but he did say
also, when he had sketched the
civilizations which have had
their rise and fall, st may be
that America can save the
world" And pessimist and
cynic, as he is usually classed,
the gist of his following words
was that America might lead
the world in pulling together
out of the morass, and also, he
warned, that it is now time for
the world to act as a unit.
So declared this newspaper
man. Said he, 81 don't know
exactly what the new Admin
stration intends doing about
this Farley, Roosevelt has not
had much time for anything
but national affairs so far, but
/ tell you now, and l hope you
will do everything you possibly
can to urge all groups and in
dividuals to stand back of the
Administration if it gets to
work on this, urge it if it does
not and beg that it send prac-
tical delegation to London, one
that will take an active part in
discussions and not just sit by
and listen"
1t is necessary for the ma
tons of the world to work to-
gether to save the civilization
of the world-dictum of both,
and of many leaders, thinkers,
scholars and statesmen. Shaw
in his ominous words as to
such necessity prophesied that
if this were not done, promptly
and effectively, our civilization
would go over the precipice
land another race of men arise;
and he added grimly, sit has
been done before"
Since that interview with
the newspaper man the in
terest of the new Administra-
ton in the coming World Eco
nomic Farley has become evil
dent. President Roosevelt has
shown that the Administration
is prepared not only to take an
active part in this conference,
but to lead. Eleven countries
have been invited to send rep
resentatives to Washington in
order to have preliminary dis
cussions with President Roose-
welt and map out a program of
those topics which may be TAX
en- up in London and also to
get together informally before
the formal opening of the Par
ley. Ramsey Macdonald will
represent England at Washing
ton late April and Herriot will
represent France. Japan will
be represented and SO will
China. But the questions dis
cussed will not be political,
they will be economic. From
Washington correspondents
comes announcement of this
much of the agenda: None
tary and credit policy, Prices,
Resumption of Movement of
Capital, Restrictions on Inter
national trade, Tariff and trea-
ty policy, Organization of pro-
duction and trade.
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