I I TOUGH NUT TO CRACK 1 SPECULATION traveled over a. a a wide range when President Roosevelt named Richard I Washburn Child large at at full fullI I ambassadorial salary of Norman 1 Davis s 's also a a. roving en envoy OJ is a piecework i state ate department factotum only getting paid by oy the job b for his is work at various hot spots spots' in Europe where international affairs need mend mend- ing C Child ild a former ambassador to Italy fr frequent fre fr- que quent t contributor to magazines has Ims' been one of the administrations administration's sharpest critics He lie Hei i was a close friend of President Harding and anda a staunch a-staunch and active supporter of President Coolidge in t the e 1924 elections I These rhese facts led to that his s many say appointment ap- ap ointment was made in order that he might D be se sent t put to work an and kept so 80 busy that he would no not have time to write pieces I. I disparaging administration tion efforts It now t. t turns out tJ however that thiat that the president president chose chose- I p b-p t of P his expert t handling l 9 o of li l- l i affairs in Europe Europa while ambassador his in inti intimate mate knowledge of economic affairs in the tile United States and abroad and his fine reputation reputation reputation tation for diplomacy and di digging n ing deep for facts So he lie has given a tough nut to croc crack Mr 11 Davis as an expert adviser to Secretary Secretary Secre Secre- tary of State Hull has 1138 been assigned to make a grand tour abroad to find out hand first if Europe is minded to participate in ill another world economic conference not conference not like the one held last year in ill London but one which would promise tangible results Economic nationalism nationalism nationalism nation nation- defeated 1 every worthwhile effort launched at London Dondon If internationalism internationalism- has made any gains since then it is Mr 1 Davis Davis' discover the fact factS If so economic disarmament disarmament dis dis- armament may flay be attempted again upon our initiative If the administration leans toward another meeting of the powers to discuss s this complex com corn plex question it would seem to be a certain indication indication in- in in in- n that the United States has definitely cast aside all thought of isolationist programs The fhe presidents president's request for power to negotiate reciprocal trade agreements dovetails into any such planning of new foreign policy Tariffs Tariff's and ancl currencies were chief obstacles to a meeting meeting meeting meet meet- ing of minds at the l last st conference e. e With monetary matters vastly astIr different than they were then and if the presidents president's notion of bilateral bilateral bi bi- bi- bi lateral tariff negotiations finds European powers responsive the prospects for settlement of vexing international questions may mar be very much brighter than the they were a n year ear ago Before long Mr Davis' Davis reports should be he drifting in from overseas and the thc presidents president's moves in the direction of reshaping American foreign policy should be interesting to watch He lie puts restoration of active actie exchange of goods as a key to world recovery so these reports ma may be employed ed as levers evers to get congressional consent for new tariff powers providing the idea appeals overs overseas as If the tho bargaining scheme does not intrigue them then it would appear that not only will this tariff program fail but that the idea of another economic conference con con- ference will be sunk Hunk