Mr. Hoover's Evidence: Former Statements Modified London, Jan. 5. the Times" to-day, in a leader replying to American criticisms British rubber restriction, reiter rates the reasons which render the Stevenson scheme necessary. The ewsparer says that when prices rose so rapidly it was largely owing to American forward contracts, and Mr. Hoover then allowed himself to be drawn into a series of statements which could only be described as inaccurate and unwise, and caleulated to arouse ill feeling on the part of Americans unfamiliar with the facts.
Tt was not a case for reerimination but rather for common sense.
At the best Mr. Hoover's Jaments could not increase world production of rubber, and at the worst they' might ruffle the feelings of the American public and s0 check the} worldwide movement for an amicable adjustment of economic difficulties between nations by a mutual conleession agreement—Reuter.
Strong Impression Made in U. S. by Sir Robert Home New York, Jan. 6.
'The statement published by Si Robert Home in London giving an exposition of the rubber situation' made a strong impression on the "New York Times," which considers it very timely and calculated to allay' the last vestiges of temporary illling in both countries. that the excite ment which temporarily raged over the high price of rubber was from the first quite unnecessary.—Mr. Hoover hastened to do his best to correct the unfortunate effects of his first utterances, The early ex. aggerations were hollow and could not bear the weight of trade statistics. It would seem that even Congress was ready to consider the question on a basis of truth and reason.—Reuter's American Service.
Text read from the printed page and cleaned; old type leaves the occasional error.