FINANCE MEETING

Hokitika Guardian, 17 June 1933, Page 5

FINANCE MEETING

' AT CONFERENCE “UNPRECEDENTED DISORDER.’’ United Press Association—By Electric Telegraph—Copyright) (Received thi s day af- 9.15 a.m.) LONDON, June 16. Mr Cox, opening the finance commission, said ; “We are all agreed before the Conference that there is unprecedented general world-wf cl e disorder. Our tusk is its treatment with the maximum tact. We .must be patient and face the perplexing, det i!s with the understanding of rational situationsLet Uis promote treatment by sustained efforts. Let u s get to work.” The committee immediately appointed to select the committees,' comprised Mr Cox, -Signor Jung, Hen- Kienback, and M. Bonnet, with representatives of Britain Germany, Finland, and Czechoslovakia. Mr Bruce represents Australia on the monetary economic committees. The Hon. G- W. Fc-rbes is the delegate to the monetary conference, and the Hon. R. Masters to the eeonom:o. conference.

Herr Dolfuss, on tiie 'eve of his departure to Paris to meet M. Daladiei, expressed heartfelt thanks to the British. Ministers and press. Their sympathetic -reception of his contracts with other statesmen to the Conference, C 9?F vinoed him that the appeals of moral and economic support far Austria in her fight for political and economic independence would not go unheeded.

BRIEF MEETING HELD. (Received this day at 9.18 a.m.l LONDON, Jane 16. What is going on by the Bank of Enghand in the direction of exchange stabilisation between sterling, the dollar, and the -franc is undoubtedly an all sufficing reason why the morning monetary commission and economic commission had the briefest and the n adjourned at 10.30 till Monday.

Mr Bruce and Mr Forbe<s joined Mr Neville 'Chamberlain and Lord Hailsham to discuss how best, to spread Empire representations to ensure protection of interests on all committees.

■STABILISATION AGREEMENT. (Received this day at 9.30 a.m.) LONDON, Jure 16. Though it is officially declared that a stabilisation agreement .-was not reached, there are reliable indications that a decision will be reached in a few days. It is expected that a n agreement will bo announced early nextweek. j |