London orities who profess to be disappointed with Mr. Hoover's speech in its confirma-
ect association with plans for of American aloofness from maintenance of European peace-and economic recuperation ought to be grateful to the President for shattering a fool's paradise, Sir Arthur Salter's "Recovery" examines the que tion of American world-policy with great care and perception. Making allowances for reservations incumbent on a declaration which is primarily an election address and only secondarily The steps recently taken in Europe to establish international relations on a sounder footing will certainly depend for their success on some form of Ameri-jean ce-operation. Mr. Hoover Jeannot now do more than state his party's intentions in that regard in terms of the broadest generalization. Ultimately the: decision taken will be dictated by the needs of America, The profound belief that those needs ~in the development of inter-ational—interdependence—will demand recognition of principles already accepted in the Chin-' colleries of Europe is based on. the clear implications of the trend of economic thought on
Text read from the printed page and cleaned; old type leaves the occasional error.