Invitation

Since the first week in June it has been known that the Lausanne Conference on Reparations (which the U. S. did not attend) would be followed by another Conference, probably at London, to discuss international money and trade problems, which the U. S. would attend. U. S. opinion decided almost immediately that this later Conference would be a united attempt on the part of Europe to force revision or cancellation of War Debts. On May 31 Secretary Stimson announced that the U. S. would attend no parley which discussed reparations, debts, or specific tariff rates. Last week British Charge d'Affaires Francis d'Arcy Godolperin Osborne carried to Secretary Stimson official invitations from Ramsay MacDonald as president of the Lausanne Conference and from Sir John Simon as British Foreign Minister to take part in the coming Conference. Neither date nor place was set. An explanatory letter from Charge d'Affaires Osborne agreed to all the original Stimson requirements. Reparations, debts, and specific tariff rates will not be discussed. But the Conference will talk about international tariff policies. And it will bother its collective head about what to do with the world's silver.

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