Evening Star Newspaper, October 26, 1931, Page 5

FRENCH FINANCE CHEERED BY NEWS Results of Hoover-Laval Con- versations Held “Victory for Common Sense.” By the Assoclated Press. PARIS, October 26—French finan- clal newspapers said today that smaller banks and business men who have been withdrawing credit balances from the United States have taken new confi- dence in the dollar as a result of the conferences between President Hoover and Premier Laval, One outcome of those meetings, the Snstoris m'u‘.' z‘x:-z "”pm sl signatcries . o prob- ably under the leadership of Prance, must confer regarding any alteration of that plan affecting German - tions payments, for it is not thought likely now that the Hoover moratorium will be extended, and relief under the ‘Young plan is Germany's only recourse. New Relief Is Expected. In some quarters the belief was ex- pressed that the Franco-American con- Versations have only begun, and that ®cme way may be found to rescue vredits frozen in Germany by some new form ‘nmol economic relief. lly found newspapers generally found sup- port for the French thesis regarding ("u'znmem and security in a phrase o’ e official communique issued at ‘Washington to the effect that the real task of next year's disarmament con- ference is establishment of a durable organization for peace. Le Matin said that Mr. Hoover told Premier Laval that the United States does not want to commit itself in ad- wvance, but wants rather to reserve the right to e: e each development on its merits. e nevng’;:efl correspond- ent characterized viewpoint as Teasonable. Briand Held Pleased. An official of the foreign office ‘Aristide Briand, the foreign min! sald increase spiri the moral basis essential to the life of the £ | oigious fuichs, aike. in the faire—that I am & | among governments. stan! | the !aflh. gether and arrive at a de: ment, not only on 3 on war debts also. He not, it was re- marked, address himself to and rmany 3 It was said German fears that the country might be placed at the mercy of France if the Washington parleys failed to accomplish a joint solution have proven unwarranted and that the | the ms are now before Europe as a tuation is welcomed paper a gloomy tale of mis- understan between the French and Americans, and declared that instead of Jearn! to_kifow and like each other better they became estranged. Borah Blamed for “Failure.” Such headlines as “Germany Is Dis- appointed Over t.h'ev Results of the Wash- ington Parley,” —A_Grave “Laval - Hoover ence. Mon Morgen said: “Result Hoover- Laval: Young Plan Remains.” The Nationalist der Montag said the result showed how wreng Chancellor Bruening was to participate in a Franco-German rapprochement and suggested that the visit of Foreign Minister Grandi of Italy to Berlin was now “doubly important™ because Italy has been opposed to the Versailles treaty and reparations for years. Chancellor Bruening, it said, would do well to change his course and wlly himself more closely with Premier | D) Mussolini. LONDON SEES LITTLE GAIN. Results of Hoover-Laval Talks Subor- dinated by British Press. LONDON, October 26 (#).—London headline writers for the morning news- papers today apparently saw little ac- eomplished in the conversations at coverings may be sent to us !for shampoo cleaning. Ask | for prices NOW. 1l |Call Mr. Pyle ... NAtional 3257-3291-2036 106 Indiana Ave. Members of the Rug Cleaners’ Institute of America 1t must get to- ‘must o finite agree- | the EVENING HOOVER HITS ARMS IN SLUMP IN ADDRESS TO METHODISTS Calls for New Mind in World “Against War and Dedicated to Human Brotherhood Between Nations.™ ‘The adverse effect of increased arma- those that may come upon us.” ‘The President’s words were addressed to Methodists in the closing microphones set up in the cab- inet room of the White House, carrying his statement Nation-wide, the Chief Executive called for the creation of a new in the world, set war and dedicated to human within nations and between nations. Progress at Suail's Pace. “It seems strange and said, “that after all man's experience with war we still have to discuss it and argue against it. It seems even more strange that with all the crushing burdens resting upon every nation baauuto&u:n‘w: lfil‘l make progress agains! at snail's pace.” ‘The President’s address follows: “I am very happy to speak briefly to the representatives of world Methodism assembled in Atlanta. I sincerely regret that public duties make it impossible for me to accept your invitation to ad- dress you in person. “Your conference meets at a time of universal but hmponrym mbodmi No country represe: your body is ex- em nro’m conditions that are trying ‘Unemployment walks be- fore you as something much more real than a specter. It its not simply an _economic difficulty, but an acute problem for human beings. “Crime and lawlessness undoubtedly your serjous attention not simply as lems of law, but as prob- lems of life. I am sure you have been sobered by the state of the world. Iam equally sure you will not yield to despair or let your courage and faith fail. “Governments M& their ml limitations. They must depend ely upon churches and schools to create, preserve and the itual and themselves. ‘must have the pr n’\{h Em of all in the making o;n = , In e neces- B it B e e sential human tempers, such as a keen, quick consclousness of human and a high sense of human values. Welfare Test of Government. “with lies & %r-t responsibility of that spiritual laissez not my brother’s keep- er, Governments are tested at last by their attitudes to the welfare of men and women. No thoughtful person in a high trust can forget the dra- the Great the unfortunate. ng in modern ¢lvil life is more encmuagza than the mew human feeling, the D human interest now so widespread this mth t;;lluml’;l“]“e the; 3 ass] ince al before their governments hold gunc ! g5 g ;5; “President Hoover gapitulates and French ideas win,” was the interpreta- tion of the News-Chronicle. The lht-unmt was given front-page pervading news of tomorrow’s genera election. “THANK” TRIPS LAVAL Spends Half Hour Learning to Speak American Phrase. Premier Laval spent a balf hour of his limited time in Wi yes- terday learning to speak an American Pl 3 With a short broadcast scheduled the premier asked his interpreter, Rob. ert Pell, to teach him a phrase thank. ing the American people. { Under the tutelage of Pell the premier said over and over again, “I thank.the American people.” When he stepped before the micro- hone to utter his English phrase hc did it perfectly except the “thank sounded a bit like “think. SPECIAL SALE MON., TUES. ONLY LOMBARDY POPLAR T.REES 6to 8 Ft. High bag Ne Charges—Free Delivery 9, | all lands are not crimes _are % establish and maintain plain, simple teousness. “The kinds of evil now government. ‘They pre all that human life for which govern. ments and churches alike exist. lfi:flfl human in- terest and welfare. centuries have taught no lesson more plainly than | that righteousness exalts natlons and evil breaks them down. “May I close this brief message with a word upon a thco-» very close to my heart and I believe equally close to yours? I refer to peace among all men that dwell on the earth, to a future free from the horrors, the wrongs and the results of wars between nations. It seems and incredible that after all the centuries of man’s e: - ence with war we still have to discuss it ‘lxzd to argue against it. “It seems even more that with all the crushing bul‘d!nlm‘n“lflun‘ upon every nation because of wars, we nm_m;ke progress against them at snail's pace. The nations groan under taxation, people in all lands suffer daily from economic depression, gov- ernments are lexed—and yet we go on usln{x incalculable sums in evident dread of those that may come upon us. “fil newlhzlndbmlu world on subject; a new spirit must be created within the m"!m'ln and be- tween the nations. And I appeal to you as representatives of Methodists everywhere to unite with all other lovers of good will and followers of the Prince of Peace for the making of human brotherhood, in which the peace ©of God shall prevail in the lives of men. "I sincerely thank you for this privi- lege of speaking to you and wish you )lllel.:.he richest blessings of earth and en.” WALSH RAPS PARLEY Senator Walsh, Democrat, Montana, said today the chief result of the con- ference between President Hoover and Premier Laval of France wes to provide for continuation of the gold standard. Commenting on the joint statement lll‘l‘lied after the conferences, Walsh said: “I don’t see anything in it except the two executives are going to labor for a continuation of the gold standard. It would seem as if the purpose was to exclude silver.” ‘The Mantana Senator has urged an International conference on silver. Escort Apologizes As Motor Cycle Spill Delays Mlle. Laval Spilled off his motor cycle and dnnudu about 40 feet, .lfltlllnlm policeman came u to Mile. Josee hvnlpye:geord.y for delaying her on & whirlwind drive :aalm Annapolis back to the Cap- Even so, the premier’s daughter made the 42-mile trip in a frac- tion less than 40 minutes. Charles H. Miller was one of the motor cycle officers escorting the cfficial car bearing Josee from a jaunt to the Naval Academy. As the limousine sped into Cot- tage City, Md., another automo- bile cut across the road @ left turn, led his . Miller app! brakes, an the motor cycle skidded out, him. The stopped. Josee jumped out and ran W)el‘rutto“gfllhhu:: was already on regre that he had stopped the party. 722 Soft, Creamy Centers 3Pe s be made in the STAR, WASHINGTON, JOSEE LAVAL SEES - NAVY GRID HEROES Premier’s Daughter, Unable to Attend Game, Meets Stars Instead. The vivacious Mlle. Josee Lival, who 19| during her short vistt in Washington, gained for herself a host of admirers, from members of the police force to representatives of highest officialdom, departed the Capital on a special train last midnight with one of her itest desires at least partly fulfilled. Al- though she falled to see the boot ball | S3ine of the “1..'&2‘. S some o avy’s players yes- terday at Ananpolis. Guests of Commandant. Accompanied by Mile. Jacqueline | Guimier and Mrs. en Pell, mother of Robert T. Pell of American em- h ynm 1 Aé-;m - “.'."m.‘«‘;, -m'ra the Naval lemy y - noon, where as guests of Capt. H. D. Cooke, the commandant, and Mrs. Cooke, the French girls were introduced to Lou Bryan, regimental commander and tackle of the Naval Academy team, en. Hall, the home of the Midshipmen, where they were saluted by the seven Midshipmen awaiting them there. A tour of the mess hall, memorial hall and part of the grounds, the party re- | turned to the commandant’s quarters for tea. Mile. Josee radiated her usual enthusiasm and merfiment, the disap- pointment of the loss of the Saturday foot ball game entirely forgotten in the pleasure of meeting the Navy foot ball star and his comrades. Given Farewell Dinner. Josee was dressed in a close-fitting brow~and-white frock, with a brown bezet waih & red-feather cockade. Mile. Guimier, who arrived Saturday from New York, was bubbling with de- light, too. She wore a pink satin dress ith tan wrap and hat. The French' premier and his daugh- ter were guests last night at a farewell dinner given by Ambassador and Mme. udel at the 'h embassy, leaving a special train at 12:30 for New ‘ork, from where they sail today for BORAH’S STATEMENT PROTESTED BY POLES Twenty-four National Organiza- tions Score Senator’s Views in Cable to Secretary Stimson. By the Associated Press. WARSAW, Poland, October 26— Twenty-four Polish political, sclentific and literary organizations terday cabled to Secretary of State L. Stimson & test \ against Senator Willlam E. Borah’s statement concern- ing the Polish corridor. His sentiments were criticized “offending the feelings of justice, detri- mental to the good relations of Euro- pean nations, undermining the confi- dence indispensable to ecenomic recov- ery, weakening respect for international obligations on which peace depends, fostering conflict and hampering dis- armament.” Poland was essentially pacific, the message said, but would never agree to a curtailment of its sacred rights or the partition of its territory. “We are convinced that Poland can fully count in her defense of justice,” it was said, “on the known fairness of the great, noble American Nation, of which she has had so many proofs in the past.” -~ Hoover-Laval Statement Traditional I"riemish;p, Absence of Controversy and Collaboration in Many Events Make Possible Problems’ Probe. The joint statement issued by President Hoover and Premier Laval at the conclusion of their conversa- tions at the White House yesterday follows: ‘The traditional friendship between the United States and France, the absence of all controversy between our two governments, a record of many events in collaboration toward peace of the world, embracing among its recent phases the adoption of the Kellogg-Briand pact, render it pos- sible and wpromme for the repre- sentatives of our governments to explore every aspect of the many problems in which we are mutually interested. Indeed, the duty of statesmen is time when the world looks for lead- ership in relief from a depression ‘which reaches into countless homes in every land. Relations of mutual confidence between governments have the most important bearing upon speeding the recovery which we seek. ‘We have engaged upon that mission with entire frankness. We have made Teal progress. We canvassed the economic situa- tion in the world, the trends in in- ternational relations bearing upon it, the problems of the forthcoming conference for limitation and re- duction of armaments, the effect of the depression on payments under intergovernmental debts, the stabili- zation of international exchanges and ;ath;r financial and economical sub- jects. Discussion Cordial. An informal and cordial discussion has served to outline with greater greehlan the nature of the problem. t has not been the purpose of either of us to engage in commitments bing our fiovemmnu. but rather, through developments of fact, to en- able each country to act miore ef- fectively in its own field. It is our joint purpose that the Conference for Eimitation of Arma- o The presk opportunity wHich e of the opportunity which pre- sents itself and that it will be ca- pable of meeting what is in reality its true mission—that ?. the organi- zation on a firm foundation of per- manent peace. In so far as intergovernmental ob- ligations are concerned we “ nize that, prior to the expiration of the Hoover year c¢f postponement, some agreement rej g them may be necessary cover! the period of business depression, as to the terms and condff of which the two governments make all reservations. The initiative in this matter should be taken at an early date by the European pcwers principally *con- cerned within the framework of the l-g;;emems existing prior to July 1, Stability Ts Stressed. Our especial emphasis has been upon the more important means through which the efforts of our governments could be exerted toward Testoration of economic stability and confidence. Particularly we are con- vinced of the importance c¢f mone- tary stability as an essential factor in the restoration of normal eco- nomic life in the world in which the maintenance of the gold stand- ard in France and the United States will serve as a major influence. It is our intent to continue to study methods for the maintenance of stability in international ex- changes. While in the short time at our disposal it has not been possible to formulate definite programs, we find that we view the nature of these financial and economic problems in the same light and that this under- standing on our part should serve to pave the way for helpful action by our respective governments. BORAH AND LAVAL FAIL TO BRIDGE GAP Senator Urged to Carry Treaty Revision Before American Public. By the Associated Press. In the wake of the epochal confer- ences of President Hoover and Premier Laval, Wi today gauged the reaction to the explosive interlude of Senator Borah. The Idaho Republic- an’s blunt declaration to French news- paper men that the world needed :x vision of the Versailles treaty of pe: with Germany left a gap between him 85 | and the French premier that two meet- ings failed to bridge. \It also stirred a whirl of speculation throughout the world, which still is finding its way into newspaper head- ines. In bidding good-by to Senator Borah Jast night at the French embassy recep- tion, Laval left no intimation t he was ready to sanction revision of the World War treaty of peace, what- ever else he and Mr. Hoover may have sgreed to in their announced under- standing. Receives Much Reaction. s But Senator Borah found today his final handshake with Mr. Laval— and an invitation to visit Paris Wimlows\for Daily Specials 30c Groves Laxative Bromo- Ex-Lax Chocolat Laxative Manila Tobacco 39¢ $1.00 Tre-Jur Bath Powder ?Wt, l:llkl—hld l:v;.ltxudm the inci- lent e was rece! lenty of re- action from within the Ngflon.y ‘There was a stack of mail on his desk and among other messages he had invita- tions to carry his proposals to the ple in public addresses. One was 1':0: the State Federation of Women's Clubs of New York. ‘Whether this vehicle would serve to carry Borah further into the political picture and into the 1932 presidential situation was- a topic for discussion llmon(e.“" some serious-minded political Replying to the invitation of the pre- mier to come abroad, where he never has been, Borah gave the elections next year as a possible reason for declining. Has International Aspect. Evidence of the international effect of the Senator’s demand for adjust- ment of German reparations, abolition of the Polish “corridor” and general re- vamping of the European map was seen last night at the French embassy re- ception. One after another of the diplomats got him aside. Apparently they wanted to fathom his meanings. One remarked the Senator would “tear up the map of Europe.” It was reported that Borah replied the map would be torn up any- way if Europe did not first revise it. Senator Borah said of Laval's visit: “It seems to me M. Laval's visit, speak- I.I'AT generally, will be all for the good. I like M. Laval very much. He was very candid and I think made a most excellent impression upon all with whom he came in contact.” *One Overhead & Two Peaks” ~Makes it possible to enjoy the Value, Quality & Service offered today by SMALL'S DECISION ON DEBTS Declared One of Most Impor- tant Points in Hoover- Laval Program. The following article is written by a French newspaper man who has accompanied Premier Laval to Wash- ington. Naturally, it is written from the French point of view. BY ALBERT JULLIEN, Porelgn Editor of Le Petit Parisien, Paris. The official statement issued jointly last night by President Hoover and Premier Laval is similar in its phrase- ol and presentation to that issued at the ehd of the Franco-German con- versations in 3 is_indeed a good deal of re- semblauce between these two consulta- tions because the results ex both were more of a cal & concrete nature. The great value of the Wi n communique is its warm, character and the desire of co-operation between the two coun- tries which is shown therein. It will undoubtedly contribute to the re-establishment of confidence, which is so much needed to put an end to the present de] lon. The communique enumerates the sub- Jjects discussed and avolds indicating the results of the discussion. It shows, however, the vast fleld <f discussion and, taking into consideration the frankness of expression of President Hoover and Premier Laval, it is bound to be a fruitful thing for future nego- tiations. ~ Real Progress is Seen. h;rhel Prrt;nig e1-‘-nd the mm hm; ncefo respective ns all matters which may confront them in the future. They know what they have to do and how far they can be expected to go in their efforts to solve their problems. They need no longer fear unpleasant surprises and disagree- able intiatives nor W caused by exaggerated hopes. this angle the results of the conversations have shown real progress. We have repeatedly stated that nemurof&hetvomen'ulnaped-‘ of consultative pact, which premier considered insufficient. French memorandum sent to the of Nations last August. i sada New Debt Deal Likely. As far s the intergovernmental afreed 1o Teb ‘°“m“'m""'m“.1”" by return e af the :nd of the Hoover plan. K ment the United States interfering with The Hu\f: agreement by some new pro- posals. Before the end of June we probably. shall be confronted by a moratorium demand from Germany, and a commit- tee of experts will be called to examine - AT PARLEY HAILED &5 Gl oned to proceed to & reduction of debts on the basis of the mw;on.“h of the German payments to o8- sential statement, contained in one sen- tence, has been put in the official com- T hle ‘the heads French and e of the the American ‘were France were conversing in Srucll;l conmflm between of the banks of issue are customary these days. The discussions de France withdraw for the more gcld from the United States, any case if she is to FLORAL TRIBUTES SPRAY Chrysanthemums, when properly chosen and arranged, make the most artistic floral tribute possible at this time of the year. Their wide range in color and type of flower give you an unlimited num- ber of combinations from which to choose. 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