INTERNATIONAL CONFERENCE

Evening Star, Issue 22443, 14 September 1936, Page 9

INTERNATIONAL CONFERENCE

TO DISCUSS ECONOMIC PROBLEMS PROPOSAL IN AMERICA Press Association—By Telegraph—Copyright NEW YORK, September 11. The Washington correspondent of the 1 New York Times ’ states that it has been learned that certain influential foreign delegates have been sounding-out important American officials as to the possibility of President Roosevelt calling another world economic conference to avoid the difficulties which resulted in the fiasco at London. The now conference would be labelled “ world conference on the international division of labour ” and would limit representation to America, Britain, Germany, the Netherlands, Belgium, France, Italy, Japan, and Argentina, with other countries invited later if any progress is made. Although the iristigators’ plan is not revealed, it is noted that one of the Erime purposes of the meeting would e to try to find a mutually satisfactory solution for the demand for raw materials from such countries as Italy, Germany, Poland, and Czechoslovakia. It is suggested that the conference might profitably be called in February or March just before the Ottawa agreements are due for reconsideration, with the hope that their renewal would be stayed by a more general world tariff agreement. The American reaction to the proposal _is not known, but it is realised in informed circles that American participation in such a conference Would necessarily mean a discussion of currency and stabilisation of war debts, any adjustment of which at least at present appears to be impossible.