In London In a sense the London Conference began in
Paris, for the principal members certainly conferred long and b-usj ily- there. But they left on Suriday and Monday for the first meeting here on Monday evening. Mr. Stimson and Mr. Mellon have represented the United , States as full members of the Conference; at last the word " observer " is satisfactorily dropped. The French dele- gates included M: Laval, M. Briand, M. Flandin, the Minister of Finance, and M. Berthelot, from the Quai d'Orsay. Signor Grandi represented Italy. Belgium also was represented and the Japanese Ambassador attended for his country. The Prime Minister, Mr. Henderson and Mr. Snowden represented Great Britain. Mr. MacDonald opened the Conference with a survey of the difficulties brought to a head by the withdrawal of about £200 millions of foreign credits from Germany. The first step, to be taken without delay, was to decide how to put Mr. Hoover's proposal into operation. On Tuesday the Com- mittee of Finance Ministers met alone for several hours, and again on Wednesday.
