Show g- g 11 INSIDE N SID E Ef f STUFF Politics and andr r Finance t l Newspaper Syndicate WASHINGTON By Paul Faul Mallon whispers around naval are that the American fleet will wil rs in the he Pacific until about abou January 1 maybe I-maybe maybe longer Our folks here do not nol think that is isa a warlike gesture against Japan They hel believe it is a necessary cau cau- on There is nothing for the fleeto fleet flee in the Atlantic to to do No matter how much Japan Squawks about it we apparently no intention of changing ou our b have bave ve minds Nobody here cares much how long longI I Japan lapan apan worries anyhow w. w A They hey would have you believe il ilL it L was was not gold but a lady who brought Montague Norman to the United States under an alfast alias alfas f Authorities here are passing oulI out I t the picture that the bachelor head of the B Bank of England is strange is-strange strange Eu as it seems seems seems-a a Romeo at heart They whisper that he crossed the water vater ull on a girl friend It is said they play playa a new card game that is so Interesting it keeps them up to all ours of the night The yarn is a customary truth half Designed to obscure the real financial finan inan cia cial ial purposes of the Norman visit In i-In In all the games he plays plas diamonds ire are afe trumps E There are arc inner indications that l the be war debt matter had more attention attention atten atten- tion Uon in fn the discussions than any of the participants would admit EngI England Eng Eng- I land Is Is' preparing to return to the gold jold standard That was the Uie encouraging encouraging encouraging aging word Norman brought over fit it is understood he received assur assur- aces in return that the Lausanne agreement gr e ent would not be be broken up ky r this country's refusal to dicker on f. f debts de r a aThe The administration gave the first public inkling of its iu attitude on the Lausanne agreement at the business conference It escaped the notice of f the world Both President Hoover and nd Secretary of Treasury Mills cited the agreement as a remarkable step toward world recovery I Up to then all you ou could get out of the administration on that subject Continued on Page Face Two o INSIDE INSIDES S STUFF T U F F Politics Finance Continued from Pate Pare One was a statement that we were not a party to to any such agreement 0 Hopes for success of President Ho Hovers Hover's Hoo Hoo- vets vcrs business conference have no not entirely be been n given up Usually bus busness business busl busi- ness men get together and do a little Then they go home an ando and do what they think is best for tor the their own businesses That situation has not been completely changed th this time But some business houses ar are taking advantage of the opportunity to do a little advertising One New York department store wired the president pre it would buy one one- fourth more than its budget for the rest of this year The president gave out the telegram at the White House Howe It received wide free tree advertising The telegram mentioned the fact act that the store is having an anniversary anniversary anniversary sary sale President Luthers Luther's speech last week asserting erting that Germany Germany Germany Ger Ger- many would not ask for a reduction in American private debts was made at Washington's request The speech was a German contribution to the American campaign after Ambassador dor Sackett had intimated that Germans Germans Germans Ger Ger- mans could well do Mr Hoover a favor favor fa Ia vor af after r what he did for lor them last year The fact act remains that following the American elections will ask a drastic reduction in private debts The American staKe now is about e The speeches of b both th Mr Hoover Hoove and Mills at the business conference were framed famed by bya a a new international expert employed in the treasury department de do- That is why they sounded so much nuch alike Cover nor Meyer of federal reserve wrote his own speech It showed th the theold theold old lineup toward business recovery is continuing with Mr Hoover an and Mills walking on one side of and Meyer alone on the other other- Mills is a good personal friend o of Montague Normans Norman's They ge get along well together The admin ought to get the therace race horse vote vote Aside from the Interest of Vice President Curtis in the ponies there is Ogden Mills who owns a rac ing stable jointly with his sister His friends used wed the the racing alibi to cover his conferences with Norman They said he w was up in hi New NewYork NewYork NewYork York watching the horses run run |