[?]REE HAND

Rotorua Morning Post, Volume 2, Issue 414, 24 December 1932, Page 5

[?]REE HAND

:\l£LT'S WISH ,t^ACCEPT JOINT Ijjsibility with ihoover L) pROBLEMS

|» Telegraph— Coyyi xght).

L. Dec. 23. ■ \Vashington, Dec. 22 Lion between President r,,e president-elect, Mr, Lffar debts and othex Iproblems has failed tc Isobstantial agreement as | and the probability is Led circles to be strongI aetion will be taken be- [ fflien the new PresiIjjaugurated, toward a Ijl; 0f the present diffiLtj in correspondence I3 IJuirsday at the White ljd"to aceept any joint i'inthe appointment of | jo explore the waitane! other international t jlr. Hoover, in effect, [•j a free hand af ter he Ifrom London states that Igsion of disappointment Irelt's refusal to co-oper-pent Hoover was reLreports that the formiitted his own advisers, IJI. Bai'uch and Mr. -Owen L action is interpreted as [take a delinite line on [cnsibility as soon as he IHonse. I of Mr. Young is regardt as few have a better p European conditions poi* of the Young Plan is paynients. l'oung. lawyer, business tf American member of Ual Repai-ations Comkperts, after a brilliant semi-political career in try.gained international Uiswork in almost conDawes Reparations Plan >later evolved the Young replaced the Dawes Plan, jms of which were sus;r the Lausanne Conferbnt, traditional on Ameruspending wai* debt payL Baruch, a prominent sker, had his first public be Demoerat, President e him in 1916 to be. a Ihe Couneil of National : was \\ ilson's ehief finr at the 1919 Peace Conle sat on the Supreme ancil. He has paid sev- ) Europe in eonnection >t negotiations and pay-