WORLD ECONOMICS

Hokitika Guardian, 19 September 1933, Page 5

WORLD ECONOMICS

LONDON CONFERENCE REVIVAL. POSSIBILITY IN NOVEMBER. (United Press Association —By Electrio Telegraph—Copyright) LONDON, September 18. .The “Daily Herald” says-. MV R, MacDonald o s hopeful of the reassembling of at least a portion tho World Economic Conference in London in November, The permanent officials at the Conference are now conferring with Mr MacDonald who is hopeful that President Roosevelt’s internal monetary policy will then be developed sufficiently to allow international Issues to be discussed.

Opposition to any renewal of the Conference is likely to come from Europe, as the French Cabinet and Signor Mussolini are trying t 0 arrange for regional agreements, and they are reluctant to raise .again the problem of the relation of the gold currency countries towards the liongold currency countries.

N-Z. PREMIER’S OPINION. WELLINGTON, September 18. Mr Forbes stated that the qucs.ion of calling the World Economic Conference together again, was more or less in the air, and he expressed the view that it would be impossible to call the whole Conference together again. Ho was inclined to the opinion that any further decisions would be undertaken by correspondence. FULL RESUMPTION UNLIKELY (Received this day at 10.20 a.m.) LONDON, September 18. After talking over disarmament with Mr Norman Davis, Mr Ramsay MacDonald was closeted for half .an hour with Messrs Layton and Salter, supposedly gathering loose ends of the economic conference for the discussion of which League of Nations experts, Mr Loveday and M. Stoppani have come specially from Geneva. Official quarters discourage the idea of a full bodied resumption of the conference.