THE CONFERENCE

Hokitika Guardian, 25 July 1933, Page 5

THE CONFERENCE

“A RANK FAILURE”

PESSIMISTIC VIEWS IN ENGLAND (United Press Asso jiatiou—By Electric Telegraph—Copyright.) LONDON, July 2-1. The “Financial News” says: “The Loudon Conference has been dissolved, unwept and unhonoured! It s failure to achieve any positive results has been complete beyond the wildest dreams of pessimism. Nineiy per cent, of the responsibility jests -on the immovable President Roosevelt for his ■abrupt rejection of currency stabilisation.” j The “Morning Post” says; After' this colossal failure, we hope there will bo a- -close season for wo-vld conferences. Envious and ignorant demagogues have conducted -a campaign of slander against the “old diplo- j maay,” but it s results were infinitely superior to the present fashion of re- j ducing the worid to a- debating society. I

RETURN OF X.Z. DELEGATION

LEAVING LONDON ON AfUGUST 5. WELLINGTON, July 24. Cable advice received by Mr Coates states that jt is the -present intention of the Now Zealand delegation to tWo iworld 'Economic and (Monetary Conference to leave Southampton for New York by the liner Aquit-ania on Auguet 5. and to connect with the liner Makura, sailing -from San Francisco for Wellington on August 30 These arrangements are only tentative and are subject to amendment, should necessity arise. Under this schedule, Mr Forbes and party should have nineteen days to cross America and transact any business they may have in that country. The Makura is due at Wellington on September 18. ANGLO-URUGUYAX TRADE. v RUGBY, July '22. Commercial negotiations between Biitain and Uruguay opened yesterday, when a general exchange of views took ipl-ace at the Board of Trade, between the Uruguayan Minister 'in London and the Minister of Finance designate, Doctor Cosio, and Doctor Burgin, on behalf of the President of the Board of Trade. Detailed negotiations will be resumed later. .EUROPE’S WHEAT SUFFICIENCY. . MONTREAL, July 21. :Sir John Russell, who is on his way i to the world grain show at Regina, I said; “Europe will want less grain this year. Many countries are seeking to make themselves self-supporting by! means of tariff walls. When these waves of nationalism pass, things will bn better for all concerned. The Russian wheat cannot be discounted, as it s quality has much improved since the war, as the result of experlmanta-’'