NEW MOVEMENT

Hokitika Guardian, 21 June 1932, Page 5

NEW MOVEMENT

FREER TRADE

SCHEME ON FOOT IN EUROPE.

Jnited Press Association—By Electric Telegraph.— Copyright t

LONDON, June 20

During the week-end the international conversations hav e been transferred to Geneva, the reason being that the' American delegates to the Disarmament Conference ar e . forbidden to appear at the Lausanne Conference.

A new turn heirs been given 'to . affairs by efforts whidh are being made to alleviate the economic crisis.

The ‘TDaily Express” Geneva correspondent saya: ‘‘After laying found, ations for an indefinite moratorium as to the German reparations and the European war debts, the Powers are tackling the problem of a general lowering of the international tariffs and the abolition of quotas, Mr Rami~v .ViwcDonald, probably on Tuesday will' propose an Economic Commission and that it b e given the wide; t scope for conversations on tariffs, which \vT be' followed by a conference at London, and later 'by a Universal Economic Conference at. Washington, either in December or January. Mr Neville Chamberlain ‘(British Chancellor 61 the Exchequer) proposes to re'tiirn from Ottawa via Washington, in order to meet both the Republican and Democratic Leaders. Now that ]'»'+ain has a bargaining weapon with many European states, it is possible l„_„ •kite, vuibcd states- will be prepared to discuss the lowering of its tariffs. The words “international free trade” are being heard at Lausanne and Geneva. Belgium is taking a 'lead in these discussions. Signor (Mussolini is ai-o known to favour the ■movement towards international free trade.

'REDUCTIONS IN TARIFFS,

SMALLER NATIONS IN FAVOUR

LAUSANNE, June 20. Negotiations are proceeding among the signatories to rh 6 Oslo Convention. Norway, Sweden, Denmark, Holland, Belgium and Luxemburg have issued a declaration expressing their willingness to co-operate with other Governments of similar views in dispelling the world crisis by reducing the tariff bamer-s, tlierebp leaving confidence for the reorganising of the world’s mouesystems, The King of Belgium, writing to Mr Renkin, the Belgian Prime Minister, now at Lausanne, says s “It is time that international...solidarity orserted litafelf otherwise than by Lp.echeß,"