Washington, June 29.
The Secretary of the Treasury, Mr. Henry Morgenthau, and the Chairman of the Federal Reserve Board, Mr. Marriner S. Ecoles, were in close conference for a lengthy period) this morning over the: French monetary situation.
Officials of the Treasury Department are keeping a very close watch on developments but have: declined to discuss the possible effects of the French plans.
Mr. -Morgenthau later conferred with M. Van Zeeland, the Belgian. Premier, and M. Jean Appert, Financial Attache of the French Embassy. Prior to the conference M. Jean Appert disclosed to press representa-lives that France will still take part in the Tripartite Agreement and wishes to continue with the agreement.
In a statement to press representatives to-day, Senator Key Pittman, Democrat, Nevada, said that the temporary abandonment of the gold standard by France would improve the world monetary. situation.
"I do mot believe," He added, "that any action by Washington is necessary or desirable."—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.