| Show I i U. U S. S WILL BE BEi ASKED TO AID CONFERENCE CONFER ENCE t League Plans to to o Summon World Parley Economic Eco Eco- nomi Affairs SPONSORSHIP IS CHANCED CHANGED War Debts Debts' Will Will Not C Get t Consideration By JOSEPH H. H BAIRD United Press Staff Correspondent W WASHINGTON July 16 With 16 With the storm over war debts temporarily abated the state department is turn turn- lag ing ng its attention to the world economic economic eco eco- conference Sir Ronald Lindsay British ambassador ambassador am- am has informed Undersecretary Underscore Underscore- tary of State Castle that the league of nations which has assumed charge of the conference intends to invite the he United States The state department depart ment had previously indicated a willingness wil wil- to take part At that time the proposed conference confer confer- ence nee was being sponsored by Gre Great t Britain rather than the league So Soar far ar as officials here can see now ho how how- ever ever the mere fact of league ion sion will not deter the United States The agenda of the r recent cent Lausanne reparations conference called for a second phase of the meeting to deal with broad e economic issues Hence the he idea of a a s separate parate British sponsored spon spon- ored economic conference has been dropped and the one one to be h held ld is the thene theone theone one ne envisaged in the Lausanne anne agenda genda It will however have no formal ormal connection with the reparations ons or debt problems The sugg suggested ted agenda is J. J 1 Financial ques questions questions Monetary Mone Monetary tar and credit policy exchange difficulties difficulties ties the level of prices the movement movement move move- ment of ot capital 2 2 Economic Econom ic questions questions Improved Improved conditions of production and interchange interchange inter inter- cha change ge with particular attention to tariff policy prohibition and restriction restriction tion of import importation tion and exportation quotas and other barriers of trade producers and agreements |