ROOSEVELT MOVES

Rotorua Morning Post, Volume 2, Issue 464, 23 February 1933, Page 5

ROOSEVELT MOVES

CPress. Assn.-

NEW LIEUTENANTS accelerates discussions upon world crisis FRANCE PARTICIPATES

— By Telegraph — Coj-vrlght) .

Rec. Feb. 22, 7.45 p.m. WasJiington, Feb. 21. Information from New York to-day that Mr. Roosevelt had announced the appointment of Senator Cordell Hull of Tennessee, as Secretary of State, and Mr. William Woodin, a leading industrialist, as Secretary of the Treasury in his coming Cahinet, together with his conference with Sir Ronald Lindsay, British Ambassador and M. Claudel, French Ambassador, has led economic experts to predict that the ground work is being surveyed with a view to reaching important decisions on war economic questions eoneurrently with debt negotiations. The veteran Congressman, Senator Hull, is recognised as an expert on tax and tariff matters. He has always adhered to a low tariff policy and is thus qualified to negotiate complicated tariff problems arising out of the Ottawa Conference with a view to implementing Mr. Roosevelt's thesis of a revival iof world trade thS.'ougktariff adjustments. Mr. Woodin accepted the Treasury post after Senator Glass had declined. According to present indications, the conference at Washington will include only the principal nations interested in international trade, and will be "the preliminary to a world conference as envisaged here. The present preparations are being undertaken with the full consent of the Hoover administration, whose de-

partments are compiling data which will be used. It is understood that during this week, Sir Ronald Lindsay and M. Claudel will start conversations with Senator Hull and other Roosevelt leaders. Thus the coming administration will aetually be functioning before inauguration. The explanation of this unusual procedure is not forthcoming. The rumour that the crisis in the Far East might he responsible for the desire to work with all possible speed is generously discounted. The most logical supposition is that Mr. Roosevelt considers the world situation requires haste, and wishes to set the maehinery in operation as quickly as possible in readiness for the special session of Congress, the date of which is tentatively fixed for April. It is believed that if a tentative agreement regarding the world finaneial matters could he formulated at Washington, the decision can be elahorated and extended to many nations participating in the world parley. The importanee with which Mr. Roosevelt regards imperial trade agreements is indicated by his action in ealling the Canadian Minister, Mr. Herridge to the conference. The inclusion of M. Claudel has resulted in the conclusion that nothing effective can be accomplished without France. It marks the resumption of negotiations brolcen following the default in payment on December 15.