The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-10
STRESA FARLEY
TO MARK u. S.,
EUROPEAN RIFT
Conference Likely TO En-
phaSlze Wide Difference
Between Viewpoints.
By HOBART c. MONTEE
United Press stan CorresnonAent

WASHINGTON, April l0-The
conference OF the former allied DOW
ers at Stresa tomorrow appears likely
1 TO accentuate the wide differences
between the American and the
European programs for maintaining
world peace.
The European formula is based
upon political diplomacy, political
and military alliances. and military
balances Of power. The American
program IS based upon ways and
means first for creating, and then
maintaining economic stability.
American leaders believe political
stability can be achieved only upon
economic stability through a revival
OF national and international indus
try and world trade.
Administration leaders look upon
the Stresa conference as merely an
other attempt by the political lead
ers OF Europe to direct the course of
/ Europe's chief evils, rather than TO
cure them.
L. S. TO Hold Aloof
The United States will hold aloof
from the Stresa meeting. Leaders
/ believe results Of the conference.
at best. will have only temporary
influence for world peace. And if
the European leaders achieve any,
thing less than the best that IS
hoped here for them, the confer
ence may actually aggravate Eu-
ropes present ills.
This is the picture of the Europe
an situation which Secretary Corden
Hull and his advisers will, present
/ to President Roosevelt some time
today. II is the same one he viewed
before he left two weeks ago.
Administration leaders will follow
/ progress OF the StreSa conference
closely. They recognize decisions
may be taken which may change
the course Of political events in
Europe But in the end. leaders
here are convinced, Europes prob
lens must be settled by readjust-
ment of the whole economic setup
there. President Roosevelt reflected
this view at one of his press con-
ferences some time ago when he
said the United States, while re-
naming entirely aloof from the
then developing European crisis,
could only hope that the American
good neighbor policy would be eX-
tended by the European nations
among themselves.
Meant What He Said
The Presidents remark at first
was interpreted by many as a mere
platitude, or a clever evasion of be-
ing led into a discussion Of the
European situation. 1t has since
been revealed, however, that he
meant exactly what he said, and
that his remark was applicable to
the situation.
The good neighbor" policy is
double-barreled Under this policy
the good neighbor" pledges itself:
l. Not to send its armed forces
across its own frontier.
2. To follow a live and let live"
course by reducing its own tariff
and trade barriers in an effort to
increase the normal exchange of
goods and commerce between ma
tons.
Little Headway Made
No Roadway has been made to-
ward getting the nations of Europe
to give the first pledge. On the
second pledge, however, leaders here
believe some progress is being made.
This is represented in the negotia-
ton and proclamation Of the recip-
rocal trade agreement with Belgium
opening the Belgian market for all
of Europe on the goods on which
the United States obtained tariff
and other trade concessions under
the agreement.
Mr. Hull. the chief sponsor Of the
trade agreements program, believes
a few more of these trade agree
ments for removal of trade barriers
would start the flow of world trade.