Evening star., 1933-07-27

Huu'S speech before the world ECO
nomic Conference today at London, as
given out by the State Department:
The conference Is now entering the
has corresponded with the dimculties
Of its task Human ingenuity could
scarcely have devised q more complete
tumble and chaos Of business and gen.
eral economic conditions than those
facing the nations and the conference
when 1t convened and still challenging So
luton A multiplicity Of other circum-
stances has further impeded the prog
ress of the conference. such as the lack
Of an international public opinion, the
malignant oposition Of those who blindly
or selfishly oppose all international eco
nomic cooperation and the engross-
ment Of many nations with the more
or less temporary phases OF their do
nestle programs for the emergency
treatment Of panic conditions.
It Is inevitable, in the light Of these
extremely complicated conditions, that
the conference, having reached few
important agreements and concluded q
thorough appraisal and understanding
of the problems presented, would find 1t
necessary to recess. Time must be al
forded for some of these difficulties to
be ironed out and for the nations fur
ther to broaden their economic plans
and policies, so as to coordinate them
OH q gradually increasing scale with the
program of international cooperation
which this conference is undertaking to
promulgate.
International Remedies Needed.
The conditions which defled solution
by individual state action and tmpera-
lively called for international treatment
offered the compelling reason for this
conference. Every rational person
knows that since there were interna-
tional causes Of the depression there
must be international remedies.
For those either pessimistically or
wantonly inclined to attempt further to
handicap the conference in its par
ticular reports to 60 forward Is virtu-
ally to indict and diScredit all forms
of international cooperation, however
necessary to deal with international
problems which vitality affect the vel.
fare of peoples alike IN every part OF
the world.
It is easy to say that this or that
incident or complication or condition
has caused q partial failure Of the con-
ference. This has been the experience
of past conferences when struggling
against many obstacles to solve COM
plicated problems involving human life
and human welfare. The very purpose
of international cooperative e1ort IS
aggressively to override these and all
other impediments to the fulfillment OF
its high mission To impute failure Is
to impute the bankruptcy OF world
craftsmanship in the face Of unparel-
leled and universal economic distress
and suffering.
business and economic conditions in
every part of the world remain dislo-
Gated and disorganized. At the begin
ming of the conference the delegates
had no adequate conception OF the COM
plicated conditions in distant countries
and of each others VARYING viewpoints.
Understanding Is the chief basis OF all
international relationships, and its I'M
portance can scarcely be overeStimated.
Manifestly valuable seed has been sown
here already in that we have come to
a deeper and more sympathetic compre-
hension of our common problems.
Two Ways to Proceed.
There are, after all. only two ways
of reaching international agreement.
One is by imposing ones will by force
by war. The other is by persuasion
by conference. Even by the violent
means of war-which we have all re-
nounced-no one would expect agree
ment in six weeks. How can 1t then pc
said that the conference.-the method
which has killed no man-haS alreaoy
failed? Many actual wars Of the past
growing out of bitter trade controversies
would have been averted had there
been more peace-time conferences.
NV Judgment Is that just now the
worlds statesmen cannot sit IN confer
ence too often or too long IN earnest
and patient consideration OF all ques-
tions calculated to disturb friendly re-
lations and clear understanding between
nations and in determined erect 70
bring about their fair and peaceful ao-
juStment.
Many of those not delegates here who
criticize the conference for not going
forward more expeditiously represent
the economic leadership in numerous
countries which had already failed IN
repeated attempts since 1929 to cure
panic conditions This group OF CRITICS
includes the selfish but shortSighteo
beneficiarieS of governmental favoftlsm
and those mock patriots whose constant
propaganda would make international
finance and commerce almost criminal.
These forces are potent in many parts
of the world today. They will be very
slow to lower q single excessive trade
barrier until human distress becomes
unbearable. It matters not to them
that there ought to be forty billion dol
lars of additional commerce on the
high seas this year, thereby anordmg
employment for labor and markets Tor
surpluses..
ular races by nations in military arma-