Global Monetary Talks Leave Allies Cautiously Optimistic
Delegates from France Britain the Netherlands and other gold standard powers met to discuss stabilization measures amid gloom over the dollar and a push to coordinate policies. Officials described broad intent to harmonize approaches though differences remain on quotas prohibitions and bilateral vs multilateral deals, with talks highlighting trade barriers and tentative steps toward production controls in key wheat markets.
MENTIONED IN THIS ARTICLE
France
Hendrix Cobt
Netherlands
Af Bonnet
Jaine
United States
Britain
Kritala
Economic Commission
Prohibitions debated as conference opens in London
At the World Economic Conference in London the debate on import bans and commercial policy continues. Labor member Josiah Wedgewood challenged Neville Chamberlain over leadership while Conservatives urged inflationary measures and tax cuts to balance budgets. Prime Minister Ramsay MacDonald said U S stability efforts help the dollar, but currency uncertainty must not derail talks.
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London
Josiah C. Wedgewood
Labor
House of Caremans
Neville Chamberlain
Britain
Franklin Roosevelt
Han Neville Chamberlain
Criex
Robert Boothby
Roosevelt
Chamberlain
Pritaln
Boothby
Ely
United States
Loxdon
Ramsey MacDonald
Comunisens
Willie Wa @arer
Bui
Washington
Eul
Geological Museum
South Kensington
Ramsay MacDonald
England
King George
MacDonald
Earth
Expect Hull Will Resign From State Department
Washington June 24 Secretary of State Hull may resign soon after returning from the London economic conference. Friends say he will retire probably before September, noting he is in an untenable position. Prof Raymond Moler, assistant secretary, has aligned with economic nationalism and favors broad American autonomy in restoring prosperity. Moler’s stance on stabilisation and tariffs contrasts Hull’s internationalist view. Bernard Baruch of New York today said he would not accept any cabinet appointment if offered.
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Wasitington
D. C
UIS
Hull
Hun
Raymond Moler
Moler
America
Moley
London
Europe
Bernard M. Baruch
New York
Agreement on Wheat Near
London June 23 A Western powers plan a five power wheat accord expanding provisions of aid measures. Australia backs substantial acreage cuts and production control, while Russia Argentina and others weigh limits. Delegates from Canada and the United States pursue a broader economic accord at the conference, with hope for rapid adoption.
MENTIONED IN THIS ARTICLE
London
Australia
Rusia
Argentina
Canada
United States
France Faces Test on Gold Standards
France confronts a critical test of adopting the gold standard as experts debate tin franc viability against a weaker dollar. Bank of France signals caution while government officials struggle to balance public sentiment with financial stability amid inflation fears.
MENTIONED IN THIS ARTICLE
Paris
France
Tinanciers
Bank of France Sbs
France Proposes Quota Truce at World Conference
London reports France presents a quota truce as a counter to the U S push for abolition of embargoes and quotas. It would allow current quotas to stand for an indefinite period while excluding agricultural products.
MENTIONED IN THIS ARTICLE
Che Americky
Jay
Bruce
London
United States
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