Evening star., 1934-04-24
|NDORSE
ADDRESS OF HULL
Back Views on Sterilization
and Despotism Before
A. P. Meeting.
BY the Associated Press.

~ sAe AoScsAAtSA . ASoos
LONDON, April 24.-Hearty in
dorsement was expressed in high
government quarters last evening Of
Secretary Cordell Hull's references to
exchange stablization and despotism
in his address before the Associated
Press meeting in New York.
His advocacy of the earliest prac-
ticable exchange stabilization aroused
considerable interest, and it was said
authoritatively that Britain's views do
not conflict with declaration.
1t was explained that two cardinal
principles which have constantly
guided British statesmen in this mat
ter are: First, the world stabilization
of currencies should be made just as
soon, but not before, it is certain the
stabilization level can be kept: second.
If and when Great Britain returns to
the gold standard 1t must be deter
mined that she will not be driven OIL
that base again.
Concerning currencies, the British
attitude is that there Is no use in
fixing one figure and then finding
that the currency has been over-or
under-valued.
Strongholds of Free Press.
Regarding the American Secretary
of States condemnation of dictator
ships it was said that the British En-
pire and the United States are con-
sidered here to be the last important
strongholds Of a free press.
In this connection it was pointed
out that Sir John Simon, the foreign
secretary, told the House of Commons
that the British government was not
in a position to interfere with the free
expression Of opinion in the press, and
that it rested with the public to give
newspaper declarations their proper
value.
Mr.. Hull's statement that the ap-
proach to final stages of currency
sterilization should be done care
fully and gradually" was heartily in
dorsed.
Responsible British leaders believe
that sterilization would be most diff
cult at the present moment because
Of the fiuctuating currencies.
Linked With Dillinger Case.
The Telegraph gave the most prom
inent display to Secretary Hull's re-
marks of any speech by United
States Government leader - outside
President Roosevelt-since the advent
of the new deal" administration.
The Express. which long had been
critical Of the Roosevelt administra-
ton and began swinging the other
way only a few weeks ago. linked
Hulls remarks editorially with the
sensational John Dillinger case.
The Express, saying. You learn
about the life OF country by study
ing its crime sheet" continued:
Hull said a few words yesterday
about Wall Street which will help you
understand the atmosphere of the
country in which Dillinger works.
When a community let's a pack Of
man-eating tigers dwell in its midst.
it is easy for a lone wolf like Dillinger
to slip under the fold gate"
CIn his address, Secretary Hull said
the Government would have been
Justly pilloried" had it not exposed
and demanded reform of the out
rageous financial manipulations of
stock markets and security fiotations
which stripped millions of individuals
of their life savings and left finance
not worthy of public confidenee.")
Dillinger and Capone Contrasted.
The Express, contrasting the methods
of Dillinger and AL Capone, said the
change brought about by the Roose-
welt administration accounted for Dill
fingers lone wolf" characteristics.
The Roosevelt revolution. shaking
up the whole structure of the Ameri-
can Government. has upset organized
crime which fattened on corrupt
officialdom
"Capone had got that business down
to a fine art. Nobody has followed
him because conditions have been
changed
In the present confusion of the
economic crisis it is the lone raider
type you would expect to flourish.
Hence, Dillinger."
Rejecting the intense interest of
Britain in the Dillinger case, the Ex-
press also started series outlining
his career. An indianapolis news
paper man Is the author.
GERMAN INTEREST AROUSED.