ROOSEVELT & HOOVER

Rotorua Morning Post, Volume 2, Issue 435, 20 January 1933, Page 5

ROOSEVELT & HOOVER

(Press. Assn.-

co-operation necessary in foreign • policy THE EASTERN SITUATION

— By Telegraph — Copyrlght).

Rec. Jan. 19, 7,5 p.m, Washington, Jan. 18. A hrief announcement was made this morning that Mr, Herbert Hoover had invited Mr. Franklin Roosevelt to visit him on Friday morning. Word from New York stating that tha invitation had been accepted, aroused a flood of speculation regarding the ' important pending development of foreign affairs, both as regards war debts and the far eastern crisis. It is revealed that Mr. H. L. Stimson arranged the meeting yesterday, apparently considering that the maintenance of co-operative foreign policy from the present administration to the next, is imperative. The best informed eircles expressthe opinion that debts were the primary cause of the conferenee, although the matter is closely linked with the world economic conferenee, u'pon which it is believed Mr. Hoover wants further elucidatiori of Mr. Roosevelt's views, particularly regard ing tlje time it should be called. It is known that Mr. Hoover eonsiders the stabilisation of the pound is of primary importance, although according to despatehes, Britain favours it held in abeyance pending the debts revision. This fundamental difference of opinion may develop into, and cause a serious stalemate. The conferenee -between Mr Hoover and Mr. Roosevelt will be held at White House at 11 o'clock in the morning. Both Mr. Hoover and Mr. Roosevelt will have several advisers. What will be said of the Manchurian situation, if anything, is in no way intimated. It is pointed out that Mr. Roosevelt has already reiterated the policy of the present administration, and he is not likely to take up stronger positions this time. There is no official re-action. Reports from Geneva state that steps will be taken against Japan for the alleged fortification of the island mandates, Caroline and Mariana contrary to the treaty.