Evening Star Newspaper, April 26, 1933, Page 4

SIXP UINT PRUGRAM Text of Joint Statement DRAWN AT PARLE Roosevelt and MacDonald | Draft General Program for. n Economic Parley. (Continued From First Page.) 1aid the basis of a clear understanding of the situation affecting the two na- tions.” Denial was made that “any plan or settlement” of the debts is under way. But it was added that “after the prime minister's departure these conversations can well continue in London and Wash- inf C With the next payment of the for- el debts to this Government, due June 15, just three days after the open- ing of the Economic Conference, some friendly adjustment relating at ieast to this payment seems to be necessary in order to assure a harmonious con- ference. ‘The problem is no simple on in view of the political significance the debts question has taken on in this country and in the debtor nations. The question of armaments has en- tered, too, into the conversations be- tween the President and Mr. MacDon- ald, and will enter also into the further conversations which the President is to have with M. Herriot. The possibility that there may evolve a consultative pact, to put teeth into the Briand-Kellogg multilateral treaty renouncing war as a means of settle- ment of international disputes, has been advanced. It is said that even further steps may be taken to bring about a successful adjustment of the armament conference now proceeding in Geneva, in the effort to crown with success the Economic Conference, by which the Rooseveit administration is setting great store for the restoration of pros- perity. The suggestion also has been ad- vanced in some quarters that there might be agreements to abandon, such as when a nation has been adjudged an aggressor in international armed conflict, the trading with that nation, &s neutrals, by other signatories to the pact. Prime Minister MacDonald, however, in a final conference with the press be- fore leaving the White House, declared Americans must not believe their Na- tion is to be enmeshed in foreign en- tanglements as a result of the conversa- tions here. There are to be, he said, no entanglements, and America is not to be brought into the maelstrom of European political difficulties. Must March Side by Side. Standing at President Roosevelt's desk in the White House offices, as he did the first evening of his arrival here, the prime minister said to the newspaper men: “Can you imagine what is going to happen if America and Great Britain cannot march side by side?” He added quickly: “There will be no entangling alliances. You will not be brought into the mael- strom of Europe.” Mr. MacDonald said that a strong, independent nation should be the first to give its aid to other nations in an ef- fort to help the whole world. “I think we've got it.” he concluded. The prime minister said he was leav- ing Washington in & most optimistic mood. He said again that there had been no attempt to come to exact agree- ments here; that such had never been the purpose. “"This has been a preliminary conver- sation,” he said, “just as we send scouts ahead to find the best trail and to feel out the ground to see if it will enable you to carry out your purposes.” While he recognized their are many slips between the cup and the lip, Mr. MacDonald added, he could say without reservation in mind or heart that in the Jast two or three days progress has been made to a degree which he had hardly deemed possible when he came to Wash- Ington. Real Good Business Done. He continued: “I leave your President as free as when I found him, however, and he lets me go home to my colleagues as free as when I left England. Nev- ertheless, real good business has been done here.” Mr. MacDonald expressed his pleasure at meeting Prime Minister Bennett of Canada here and his regret that he would have to hurry back to England without visiting Canada. He explained that it was particularly the duty of the prime minister to look after the adop- tion of the government budget, and the British budget has just been presented to the Parliament and he must be at home. “I came here,” said Mr. MacDonald, “partly as prime minister and partly as the destined chairman of the Economic Conference, with the burdens of both weighing on my shoulders when I saw you last. I am going away with the memory of a most genial man who is your President and a really friendly conversation which represents the spirit of the American people, I hope.” He said he had learned more clearly the difficulties of the American Govern- ment and Nation and that he hoped ‘America appreciated the great difficul- ties which he faced as prime minister. He said that “we have got beyond mere market haggling” and added that the nations would never settle their prob- lems if they went into conference merely to bargain. A real human understand- ing, he said, was necessary. Herriot Visits Leaders. “The bargains we want” he said, “will remove the world's ills.” ‘When Mr. MacDonald left the White House to go to his train President and Mrs. Roosevelt, their daughter-in-law, Mrs. James Roosevelt. and her daug iter were all on the White House po: tico to wish the prime minister God- speed in the same informal and hearty (way he had been welcomed on his arrivals. - As the representative of Great Britain was leaving, the State Department was informed that Alberto J. Pani, Mexican Minister of Finance, will reach Wash- ington May 5 to take part in the con-| versations. The program for the con- versations with other nations also is shaping up. Dr. Hjalmar Schacht, head of the Reichsbank, is expected here in about two weeks, Secretary of State Hull was told today by the German Ambas- gador, Dr. Hans Luther. Formal visits of courtesy were paid this morning by M. Herriot to Vice- President Garner, Chief Justice Hughes and Speaker Rainey. Guest at Luncheon. M. Herriot was the guest of honor at | & luncheon at the Capitol, given by Senator Robinson of Arkansas, Demo- cratic leader of the Senate. M. Herriot is scheduled to attend a reception late this afternoon at the Prench embassy. after his conference with the President, beginning at 2:30 pm. and to attend a formal dinner in his honor at the ‘White House tonight. Prime Minister Bennett of Canada today moved to the White House to be the house guest of President and Mrs. Roosevelt. Mr. Bennett will remain until Friday and will devote much of his time to conversations with the Pres- ident regarding the economic problems. HELD ON DUEL CHARGE LOS ANGELES, April 26 (#).—Under the old California code prohibiting gentlemen from having recourse to the “field of honor,” W. B. Blake, 60-year- old inventor, was held for trial yesterday after hearing on a charge of attempt- ing to fight a_duel. Blake's challenge to a meeting with Pktuls w described by the other ‘principal,” Herbert Miller, lawyer, who had attempted unsuccessfully to get a patent for Blake on an artificial honey- camb srrangement for the conyenience ©f Bhes. Roosevelt and MacDonald Cite “'Primary and Funda- mental” Necessity for Increase in General Level of Com The following joint statement was issued by President Roosevelt and Prime Minister MacDonald today: As stated yesterday, our discus- sions on the questions facing the ‘World Conference were not designed to result in definitive agreements, which must be left to the confer- ence itself. But they showed that our two governments were looking with a like purpose and a close similarity of methods at the main objectives of the conference, and were im- pressed by the vital necessity of assuring international agreements for their realization in the interests of the people of all countries. The practical methods which are re- quired for their realization were analyzed and explored. The necessit; for an increase in the general level of commodity prices was recognized as primary and fundamental. To this end, simultaneous action needs to be taken both in the economic and in the monetary field. Commercial policies have to be set to a new orientation. There should be a constructive effort to moderate the network of restrictions of all sorts by which commerce is at pres- ent hampered, such as excessive tar- iffs, quotas, exchange restrictions, etc. Central banks should by con- certed action provide an adequate expansion of credit and every means should be used to get the credit thus created into circulation. Enterprise must be stimulated by creating conditions favorable to busi- ness recovery, and governments can contribute by the development of appropriate programs of capital ex- modity Prices. penditure. The ultimate re-establish- Eentln{ Eg‘:lllhl’lll?mgl the interna- onal exchanges s! ld also be con- templated. o ‘We must, when circumstances per- mit, re-establish an international monetary standard which will oper- ate successfully without depressing prices and avoid the repetition of the mistakes which have produced such disastrous results in the past. In this connection the question of silver, which is of such importance in trade with the Orlent, was discussed and proposals were tentatively sug- gested for the improvement of its status. These questions are all inter-re- lated and cannot be settled by an in- dividual country acting by itself. ;{Ihe achlidevemem of sound and last- g world recovery depends on co- ordinating domestic remedies and supplementing by concurrent and simultaneous action in the interna- tional fleld. ‘The proposals examined will be discussed with the representatives of the other nations who have been in- vited to Washington with a view to securing the fullest possible measure of common understanding before the conference meets. It is the hope of both governments that it may be possible to convene the conference for June. We have in these talks found a reassurance of unity of purpose and method. They have given a fresh impetus to the solution of the prob- lems that weigh so heavily upon the most stable, industrious, and deserv- ing men and women of the world— the human foundation of our civill- zation, whose hard luck it is our common object to alleviate.” ARMS CONFERENCE SUCCESS IS ASSURED BY 3-POWER PACT (Continued From Pirst Page.) armed force of Germany, reduces those of France and her allies and gives no positive guarantees whatsoever that France and her allies would be protected in case of a new aggression. President Roosevelt, on the other hand, explained to the French delegate America’s difficulties in entering into any positive pact of security and this was rendered still more difficult by the fact the French did not think the Ver- sallles treaty could be modified at pres- sent. The French point of view was admitted to be correct by both Presi- dent Roosevelt and MacDonald, who both agreed that the French were right in saying that an attempt to revise that treaty under the present strained con- ditions in Europe would mean precipi- tating instead of avolding a new war. President Roosevelt, who was anxious to have the disarmament conference out of the way, made the two proposals which were found most acceptable by M. Herriot. The British plan did contain a clause about control of armaments, but it did not provide the setting up of machinery which should sit in permanence, exer- cising the utmost vigilance on the actual reduction of arms and armies by the signatory nations of the disarma- ment agreement. The President’s sug- gestion is taking care satisfactorily of this point. Centroversy Avoided. The abolition of the “notions” of neutrality is an entirely new thing and tends to do away completely with the highly controversial question of the freedom of the seas. The intention of the President is not to send American troops abroad when- ever two or more nations might start fighting again, but it means merely that | those American nationals who would desire to trade with the nation whicl has been found to be an aggressor would no longer enjoy the protection :of the American flag. Their shipments would be subject to search and confis cation by the organized authorities of the other nations. The question of war debts will not be taken up in Washington. It be- longs in the general set-up of the eco- nomic conference and will have to be settled there. Early Settlement Seen. But the question of the June 15 pay- ments, which must be made three days after the economic conference starts its sessions, will have to be settled soon. 1t was said last night authoritativeiy | that “nobody wants to prejudice the | chances of success of the international | eccnomic conference on account of these payments, and it is henceforth clear that there is not the slightest possibility of a deadlock on account of that problem.” ‘This authoritative statement is inter- preted in responsible quarters to mean the President will endeavor to obtain from the Congress the necessary au- thority to postpone the June payments for an indefinite time—at least until the economic conference has finished ENGLAND SENDS HOM GOLD DEPOSITED HERE $2,199,500 of Earmarked Metal, Exempt From Embargo, Is Shipped to London. By the Assoclated Press. NEW YORK, April 26.—Great Brit- ain yesterday began to repatriate the | $250,000,000 or more of earmarked gold acquired here largely through the oper- ation of the exchange equalization fund. ‘The New York Federal Reserve Bank reported the release of $2,199,500 in gold from foreign earmark and the exporta- tion of that amount to England. Ear- marked gold is exempted from the em- bargo declared by President Roosevelt last week. England acquired a huge store of gold here during the first three months of this year through the equalization fund. In holding the pound sterling down the British Exchange control purchased | large amounts of dollars from persons | seeking a_refuge for their capital in sterling. It then converted these dol- lars into gold and earmarked it for the | Bank of England, the latter paying the excange found in sterling, which the | fund, in turn, sold for more dollars. Largely as a result of this process, | earmarked gold at the Federal Reserve Bank here rose about $300,000,000 in the first two months of this year, near- ly all being for British account. In ad- dition, Great Britain was able to buy back most of the $95,000,000 of gold | earmarked for the December 15 war | debt installment. | FRANCS USED BY BRITISH | ARE SOUGHT BY FRANCE By the Associated Press. PARIS, April 26.—The ministry of | finance confirmed today reports that it is negotiating with Great Britain to ob- | tain_the French francs being used by the British exchange stabilization fund. This was described in financial quar- ters as a virtual British loan to France, | either through the equalization fund’s | purchase of French treasury notes or by | |’ | making Great Britain's francs available to PFrance in a banking account. This action, it was said, is intended ||| to replenish the French treasury and to | prevent Great Britain from using the francs to_buy gold from the Bank of France. France is seeking to m its currency on the gold standard. Skin-Itch Tortune Ends; Millions Praise Zemo The first-application of soothing, heal- ing Zemo quickly relieves the torture of Itching Rashes, Eczema, Ringworm and | similar skin troubles. For 25 years Zemo | has been used and praised by millions | as a clean, safe, dependable remedy for family use to relieve and clear away skin | irritations. A trial will convince you of its great merit. Insist on genuine Zemo; ‘lt‘s worth the price because you get re- lief. 35c, 60c, $1. All druggists. its work. | French Indo-China's rice crop_this| year is expected to be one of the larg- | est ever grown in the country. FOR SKIN IRRITATIONS: Store Hours: 7 AM. to 5 P.M.—Saturdays, 1 P.M. “RENOVIZE. Every Auto Owner Should Have One of these —to_touch up “bad” o ts on Fender: Wheels, Body, etc. . . il save cost of repaint- ng. Special 5.0z. Can DU PONT No. 7 TOUCH UP 1 SPRAY GUN —with Hose to attach to your Auto Tire. Both for —————— ) € @F%?@ COPYRINT ALREGS,) through Reilly's Warehouse 926 N St. N.W. e Drive your car around... we’ll take care of any glass replacements desired— promptly, expertly. You'll find our charge very reasonabdle for this service. HUGH REILLY CO. v Established 1888 1334 New York Ave “Ride to Reilly's"—FREE . PAINTS—GLASS .—Phone NAt. 1703 Parking at Capital Garage ntain | TALKS HERE ECHO AT GENEVA PARLEY Davis Enunciates Roosevelt Policy Indicating Consult- ative Pact Leaning. By the Assoclated Press. GENEVA, Switzerland, April 26.—The first official echo of the Washington conversations was heard in Europe to- day, when Norman H. Davis enunciated t Conference the peace once | wants to reduce arms. This first exposition of the Roosevelt policy before the conference was pre- sented in a speech made on instruci from the President. Delegates to the conference were electr] by the address of the Ameri- can Ambassador at large. They interpreted his remarks as meaning that America was disposed to strengthen the Briand-Kellogg Pact by an agreement to participate in a con- sultation pact of the powers. Mr. Davis' hearers also understood from what he said that the United States might agree at least to refrain from extending any commercial or financial help to an aggressor state once an aggressor nation had been de- termined. The American Ambassador at large made these observations in connection with his discussion of the disarmament plan submitted some time ago by Prime Minister Ramsay MacDonald of Great Britain. “Part one of the British plan,” Mr. Davis said, “is designed to co-ordinate the efforts of members and non- members of the League of Nations to promote an established peace through consultation and methodical co-opera- tion when peace may be threatened or broken. “However, it introduces & new element for us in the codification of the prin- ciple of consultation, and in its in- corporation in a disarmament treaty. My Government has this whole question under careful advisement.” Mr. Davis said he anticipated taking an occasion at a later stage to indicate how the United States considers that its peace efforts can be most effec- tively exerted comsistenly with estab- lished American policy. “Our ability to make our collabora tion effective,” he continued, “will & pend in large part on the measure cf disarmament which we may be able now to achieve. “It must be definite, it must be sub- stantial. We are prepared to make very great efforts to assist in the maintenance of peace when a determi- nation to preserve peace is evidenced by the achievement of real measures for mutual and progressive disarmament.” The American delegate expressed the belief that for the first time the na- tions of the world—particularly the na- tions of Europe, where the problems of disarmament are most acute—are seri- ously desirous of taking effective steps to lower the level of armaments. He reached this conclusion because of the growing conviction that armaments have become a source of political ten- sion and instability, he said. ST. LOUIS, April 26 (#).—Charles H. Clarke, who describes himself as a former resident of Cochranton, Pa., and an heir of the late Robert Campbell, wealthy St. Louis fur trader, yesterday filed a petition seeking probation of the Campbell estate. Clarke stated he was a grandson of Andrew Campbell, brother of Robert Campbell, who died more than 50 years 0. —_— = Great Atlantic & Pacific Warehouse and Main Local Office for Sale Leased to Them to 1938 8th & R. I Ave. N.E. To close estate of late Benator Burton Ohlo this broperty offered at price netting rn most unusual or an investment of For Further Particulars D. E. Ste 1t uire 2100 Mass. Ave. N Balmacaan, regular models—smartest of weaves and designs. A inconvenienced. Topcoats —are Camels Hair, Tweeds, Etc., in D. C, WEDNESDAY, Ishbel MacDonald Visits New England To See Il Friends By the Associated Press. The friend Wald, founder of Btreet Settlement here and an old companied by 8ir Robert and Lady Vansittart. She planned to return to New York from West- port late this afternoon to be the ‘:I!;‘ of the newspaper women's club. CHAMBERLAIN POLICY SEEN INTERNAL AID Increase in Exchange Equalization Fund Regarded as Help for British Industry. By the Associated Press. LONDON, April 26.—Chancellor of the Exchequer Neville Chamberlain’s proposal to increase the exchange equal- ization fund was believed in financial circles today to have no relation to the date when Great Britain will stabilize the pound. Since Great Britain went off the gold standard, the fund has been used to buy and sell dollars and francs in order to protect the pound. Financial leaders consider the Wash- ington conversations between President Roosevell and Prime Minister MacDon- ald are likely to have more bearing on the whole question of stabilization. The chancellor’s announcement in his budget speech yesterday was considered a precautionary step, but it commits the government to no set policy and can be adjusted on the shortest notice to meet the world monetary situation. Financial circles regard Chamber- lain’s exchange policy ravorably as evi- dence that until there is a general world restabilization, Great Britain is deter- mined to maintain the pound sterling at a level which will enable British indus- tries to compete on an equitable basis with those of other countries. The uncertain trend of foreign cur- rencies, such as was recently experienced in the market, was expected to be better avoided when increased funds, through the exchange stabilization operations, are put into use. STIMSON TO VISIT TEXAS Former Secretary of State to Be Guest of Maj. Gen. F. R. McCoy. ‘The former Secretary of State, Henry L. Stimson, will leave Washington to- morrow for a_month's visit with Maj. Gen. Frank R. McCoy at Fort Bliss, Tex. He will go by train to Memphis, Tenn., where he will meet Capt. Eugene Reg. nier, his former military aide, and they will motor together from Memphis to | El Paso. Capt. Regnier has been as- | signed to duty at Fort Bliss. APRIL 26, 1933. WDONALD BEGINS HOMEWARD TRIP JUNE 12 ACGEPTED AS PARLEY DATE Exchanges Good-bys With|London Prepares to Receive Roosevelts Shortly Before Noon. By the Associated Press. Prime MacDonald began his homeward journey to London today, l;lv!knl ‘Washington at noon for New ork. Mr. MacDonald left the White House at 11:45 am. on his return to London. ‘The President and Mrs. Roosevelt walked out to the waiting car with him, where “good-bys” were exchanged. ‘The group was joined by Mrs. James Roosevelt, who was carrying her baby in her arms. Ald Seen in Talks. Before leaving Mr. MacDonald indi- cated strongly a belief that his man-to- man talks with Mr. Roosevelt have furthered the world’s attempt to cure some of its troubles. ‘The communiques issued during the British prime minister's stay at the ‘White House were carefully worded, but both he and the President expressed “deep satisfaction” once the conversa- tions had gone far enough for each man to know the other’s mina. But the impression was that if Mr. Roosevelt’s discussions with the repre- sentatives of other nations went as well as those with the British the success of the London Conference seemed as- sured. It was known that the British statesman and those with him felt the results in Washington exceeded expecta- tions when the group left London for the United States. ‘Waldorf-Astoria Headquarters. Mr. MacDonald will make his head- quarters in the Waldorf-Astoria Hotel in New York. ‘Two of the British experts who took part in the conferences at the White House remained behind. They were Sir Frederick Leith-Ross and Arnold E. Overton, but they were expected to sail soon, probably next Priday. Ishbel MacDonald, the prime min- ister’s daughter, bade -by to the | Roosevelt family yesterday afternoon. going to the Connecticut home of Miss Lillian Wald, an old friend. SCHOLARSHIP CUP GIVEN C. U. GAMMA ETA GAMMA ‘The scholarship cup for the year 1931-32 has been awarded to the Cath- clic University Chapter of Gamma Eta Gamma, national law praternity, ac- cording to an announcement received today by Michael M. Marucci, president of the local chapter, from James H. Phillips, high vice-chancellor of the fraternity and chairman of the Scholar- ship Committee. i ‘The cup goes annually to the chapter | with the highest scholagtic standing | among the 33 active chapters in uni- versities throughout the country. ‘The chapter here glso has on its rolls Joseph E. Pappano of Chester, Pa., who at the same time was awarded the merit scholarship certificate, one of three dis- tributed among members of the fra- ternity. Mr. Peppano was graduated from the Catholic University Law School last June and is now practicing in Chester. Now, Have Beautiful Hair| 1f your hair is dry. dull or lifeless you need La Moderne Hair Dressing. This refreshing | antiseptic liquid keeps the hair well groomed, produces a natural lustre and stimu- | Iates the scalp. Removes loo druff and keeps the hair in place. sticky or greasy. Recommended for | men, women and child Praised by thousands of enthusiastic users. 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LONDON, April 26—The date of June 12, fixed by President Roosevelt, Prime Minister MacDonald and former Premier Herriot as the assembling time for the World Economic Conference in London, is accepted in Downing Street as final, barring serious objection by Japan or some other far distant nation. ‘There was a possibility Japan would consider the notice too short to permit its delegation to arrive here. The meeting in the foreign office here next Saturday of the Conference Organizing Committee, which originally was called to set the date, is expected to be purely routine to confirm the date agreed upon at Washington. As soon as he arrives from America Prime Minister MacDonald is expected to jump into the work of making effec- tive the informal arrangements made at_Washington. | ‘The cabinet met today and considered | The Morris Plan Bank offers the INDIVIDUAL the facilities of 2 SAVINGS BANK with the added feature of offering a plan to make loans on a practical basis, which enables the borrower to liquidate his ob- ligation by means of weekly, semi- monthly or monthlydeposits. It is not neces- sary to have had an account at this Bank in order to borrow. The further the reports on ess of conversations between Mwm nt R‘ooum5 velt and the prime minister. It was understood the prime minister’s mes- sages to Downing Street reflect the op- timism which surrounded the White House conferences, TWO MOTORISTS REPORT "ROBBERIES LAST NIGHT Armed Men Leap to Running Board as Car Slows Down. Taxicab Held Up. 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