MAY NOT BREAK DOWN

Rotorua Morning Post, Volume 2, Issue 578, 8 July 1933, Page 5

MAY NOT BREAK DOWN

j (Britisp Qfficial Wir^J.^ss)

STRENUOUS EFFOSRfTS BETNG , MADE TO AVERT ' DISASTEjR ; MacDONALD'S PLAN Messages from, (Londoai to-djay show that a strenuous effort is heirig miadie to" save the conference from a disastrous1 adjoufnmient. TKe Americans still claim that the first ' task is to restore prices to a level at which industfy, especially agfi- * c'ulfufe, can fuiiction profitably, aiid •that discujssic(n bn cuprreney lis at» secondar-y matter. Oii the motioh of Mr. MaeDonald the Bureau has imanimously lagreed to prepare a list of suhjects for further discussioh.

Rughy, July 6'. At the close of the afternoon session a CQmpipnique was issued stating that the Bureau had unanimously adopted a resolution presented hy Mr. Ramsay MaeDonald after consultations with a npp\ber p,f his colleagues. — . "Whejeas the Burepu is firmly determiped to proceed with the work of the conference. to the ptmost pqssible extent, and as rapidly as possihle, and whereas on account of the cireumstaiices which have re-. cently arisen the counti'ies on the ■gold standard find themselves ohliged to declare that for the time heing it is impossible for them i to take part in any discussipn o,n pio.netqry questions, the Bureau agrees unanimously — firstly to re-

quest each sub-committee to draw up a list of questions which can in the circumstances he usefully studied hy it. ,£Secondly to meet as soon as the sub-committees' reports are received in order to make recommendations eoncerning arrange- , ments for the further business of the conference." -.. The Bureau will meet again on Monday to reeeive the reports requested from the suh-committees.