The International Economic Conference

April 30, 1927

Report Outline
Preparation for Economic Conference
Tariff Barriers and International Cartels
Efforts Toward Economic Readjustment 192–927

The International Economic Conference, which will meet at Geneva, May 4, 1927, under the auspices of the League of Nations, was called to consider methods of removing international barriers to renewed world prosperity. The delegates to the conference, although designated by governments, will not be spokesmen of official policy. They will be men qualified by experience to deal with economic questions, but they will not have the power to conclude treaties on behalf of their governments.

The purpose of the Council of the League of Nations in calling the conference was to promote a full and free discussion of the problems to be brought before it, and to permit the drawing up of resolutions and policies which may serve as a guide and basis for the negotiation of future economic conventions between the governments to be represented. This purpose is in line with the policy initiated in 1920 when the Brussels Conference was convened to consider the various financial problems that pressed for solution in that year. The Brussels Conference, while it was considered almost a failure at the time it was held, laid the basis for many of the financial reforms that followed in subsequent years.

Developments Leading to Economic Conference

The vital problems that pressed for solution in 1920 were concerned with the stabilization of currencies and exchange, and the payment of reparations. In the years since 1920, these problems have been met with more or less satisfactory solutions, and have given way in urgency to such economic problems as the increasingly important questions of tariff barriers and international cartels.

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