Show JAPAN UNWilliNG TO SEEK Sit SILVER VER MEET D Does es Not Feel Inclined to Accept Responsibility of Prom Promoting ting Plan TOKYO May 16 Associated Press At At a meeting of officials and leadIn lead- lead In ins Japanese business men called by the minister of finance Inoue Inouye to discuss the 10 lowering price of silver lit It w Wa was decided that circumstances rendered It Inadvisable for Japan to undertake promotion of a world silver sUrer conference Among the reasons given was that Japan is averse a to accepting responsibility for promoting the confer conference nce success of which Is 15 regarded as ex extremely extremely ex- ex doubtful After co considering the views of or this meeting which was informal the government go is 15 expected expect expect- ed cd to inform the United States of 1 its Continued on Page Face T Two o JAPAN UNWILLING TO SEEK SILVER MEET Continued d from Pare Pace Pa e One unwillingness to promote such a con- con ference Mexican Gold Cold Plans Puzzle Washington WASHINGTON May 16 W-Of- W P Of- Of here were puzzled as to how Mexico would obtain gold to carry out the he plan of bankers in that country to stabilize and bring back to par the peso eso Financial experts at the treasury declined to discuss the problem without without with with- out ut knowing more of the plan but said aid the only manner In which Mexico Mex- Mex leo ico co could obtain gold as s far as they knew was to borrow it They said the he National City bank had made a agold agold gold old loan to Mexican Interests about six ix months ago to bolster up the declining de- de dining clining value of the peso They did not believe however that Mexican interests would wish to borrow again Gold Is at a high point In this country with federal reserve banks holding In moneta monetary gold Their holdings have haye increased I in the last year Siam to Dispose of Silver Surplus V WASHINGTON ASHINGTON May 16 IP A i-A A Anew Anew new factor affecting adversely the worlds world's dark sliver silver picture is expected expect expect- expect I ed from Slam Siam within the next few months by commerce department of- of Slam Siam which has a surplus of an un- un estimated number of ounces of or silver sil silvero to o back up her silver sll currency is go going gong go- go lag ing ng to replace the surplus currency with gold or gold sold ech exchange ngo lUes Acting Commercial Charles E. E Brookhart at Bangkok who advised advised ad- ad the department of the plan said aid however the government Jo Intended intended In- In tended ended to move as cautiously as possible possible pos pos- sible in Sin view of ot the sensitive nature of ot the worlds world's silver nver market at this time Increasing popularity of or paper money In Slam Siam was assigned by the government as the reason for an amendment to the currency act givIng givIng Ing ng the minister of finance power to dispose of the accumulated d silver |