By the Associated Press. The American Government is preparing to publicly declare that it does not consider the recent financiers' manifesto against world trade restrictions as applying to the United States.

At the same time the Government is expected to give support to the suggestion for a leveling of customs barriers among European nations. The pronouncement is to be made by Secretary Mellon, who discussed the subject today with President Coolidge. The Secretary advised his chief that he considered the manifesto sound so far as it applies to Europe, but there could be no thought to lowering the American tariff.

Statement in Paris. Coincident with the White House conference it became known that the American section of the International Chamber of Commerce, composed of business men who are members of the Chamber of Commerce of the United States, had prepared a report saying that American business and American labor had come to the "studied decision" that American living standards must be protected. and that "no action which will tend to lower them can have any than an unfortunate effect."

The financiers' manifesto. recently made public in New York, advocated a leveling of international trade barriers, but made specific reference to no individual nation. It carried the signatures of an imposing international group of business men, including J. P. Morgan.

In deciding to set forth clearly the position of the American Government, the President and Secretary Mellon were influenced by continuing speculation whether the suggestions of the financiers were intended to apply to the American protective tariff, as well as to the customs barriers erected between European nations since the World War. Not Aimed at U. S. Some of those interested in preparation of the manifesto have said there was no intention to apply the conclusions to the United States, but in other quarters it has been pointed out that nothing in the text of the document excludes this country.

Secretary Mellon told the President today that he knew nothing of the manifesto before its publication and that while he had not consulted either American or European signers of the proposal, he was certain they had no intention that it should apply to America.

The full report of the American group will not be made public until the Stockholm meeting of the international body next June, but portions of it relating to the tariff were made available today in view of the publication of the international manifesto several days ago dealing with the subject.

American Stand Stated. "The American committee," the report says, "believes that the central committee (of the International Chamber) must, of necessity, recognize that the question of tariff policy to be pursued by a nation is a matter of domestic concern and that each nation must (Continued on Page 2, Column 7.)

By the Associated Press. The American Government is preparing to publicly declare that it does not consider the recent financiers' manifesto against world trade restrictions as applying to the United States.

At the same time the Government is expected to give support to the suggestion for a leveling of customs barriers among European nations. The pronouncement is to be made by Secretary Mellon, who discussed the subject today with President Coolidge. The Secretary advised his chief that he considered the manifesto sound so far as it applies to Europe, but there could be no thought to lowering the American tariff.

Statement in Paris. Coincident with the White House conference it became known that the American section of the International Chamber of Commerce, composed of business men who are members of the Chamber of Commerce of the United States, had prepared a report saying that American business and American labor had come to the "studied decision" that American living standards must be protected. and that "no action which will tend to lower them can have any than an unfortunate effect."

The financiers' manifesto. recently made public in New York, advocated a leveling of international trade barriers, but made specific reference to no individual nation. It carried the signatures of an imposing international group of business men, including J. P. Morgan.

In deciding to set forth clearly the position of the American Government, the President and Secretary Mellon were influenced by continuing speculation whether the suggestions of the financiers were intended to apply to the American protective tariff, as well as to the customs barriers erected between European nations since the World War. Not Aimed at U. S. Some of those interested in preparation of the manifesto have said there was no intention to apply the conclusions to the United States, but in other quarters it has been pointed out that nothing in the text of the document excludes this country.

Secretary Mellon told the President today that he knew nothing of the manifesto before its publication and that while he had not consulted either American or European signers of the proposal, he was certain they had no intention that it should apply to America.

The full report of the American group will not be made public until the Stockholm meeting of the international body next June, but portions of it relating to the tariff were made available today in view of the publication of the international manifesto several days ago dealing with the subject.

American Stand Stated. "The American committee," the report says, "believes that the central committee (of the International Chamber) must, of necessity, recognize that the question of tariff policy to be pursued by a nation is a matter of domestic concern and that each nation must (Continued on Page 2, Column 7.)

By the Associated Press. The American Government is preparing to publicly declare that it does not consider the recent financiers' manifesto against world trade restrictions as applying to the United States.

At the same time the Government is expected to give support to the suggestion for a leveling of customs barriers among European nations. The pronouncement is to be made by Secretary Mellon, who discussed the subject today with President Coolidge. The Secretary advised his chief that he considered the manifesto sound so far as it applies to Europe, but there could be no thought to lowering the American tariff.

Statement in Paris. Coincident with the White House conference it became known that the American section of the International Chamber of Commerce, composed of business men who are members of the Chamber of Commerce of the United States, had prepared a report saying that American business and American labor had come to the "studied decision" that American living standards must be protected. and that "no action which will tend to lower them can have any than an unfortunate effect."

The financiers' manifesto. recently made public in New York, advocated a leveling of international trade barriers, but made specific reference to no individual nation. It carried the signatures of an imposing international group of business men, including J. P. Morgan.

In deciding to set forth clearly the position of the American Government, the President and Secretary Mellon were influenced by continuing speculation whether the suggestions of the financiers were intended to apply to the American protective tariff, as well as to the customs barriers erected between European nations since the World War. Not Aimed at U. S. Some of those interested in preparation of the manifesto have said there was no intention to apply the conclusions to the United States, but in other quarters it has been pointed out that nothing in the text of the document excludes this country.

Secretary Mellon told the President today that he knew nothing of the manifesto before its publication and that while he had not consulted either American or European signers of the proposal, he was certain they had no intention that it should apply to America.

The full report of the American group will not be made public until the Stockholm meeting of the international body next June, but portions of it relating to the tariff were made available today in view of the publication of the international manifesto several days ago dealing with the subject.

American Stand Stated. "The American committee," the report says, "believes that the central committee (of the International Chamber) must, of necessity, recognize that the question of tariff policy to be pursued by a nation is a matter of domestic concern and that each nation must (Continued on Page 2, Column 7.)

By the Associated Press. The American Government is preparing to publicly declare that it does not consider the recent financiers' manifesto against world trade restrictions as applying to the United States.

At the same time the Government is expected to give support to the suggestion for a leveling of customs barriers among European nations. The pronouncement is to be made by Secretary Mellon, who discussed the subject today with President Coolidge. The Secretary advised his chief that he considered the manifesto sound so far as it applies to Europe, but there could be no thought to lowering the American tariff.

Statement in Paris. Coincident with the White House conference it became known that the American section of the International Chamber of Commerce, composed of business men who are members of the Chamber of Commerce of the United States, had prepared a report saying that American business and American labor had come to the "studied decision" that American living standards must be protected. and that "no action which will tend to lower them can have any than an unfortunate effect."

The financiers' manifesto. recently made public in New York, advocated a leveling of international trade barriers, but made specific reference to no individual nation. It carried the signatures of an imposing international group of business men, including J. P. Morgan.

In deciding to set forth clearly the position of the American Government, the President and Secretary Mellon were influenced by continuing speculation whether the suggestions of the financiers were intended to apply to the American protective tariff, as well as to the customs barriers erected between European nations since the World War. Not Aimed at U. S. Some of those interested in preparation of the manifesto have said there was no intention to apply the conclusions to the United States, but in other quarters it has been pointed out that nothing in the text of the document excludes this country.

Secretary Mellon told the President today that he knew nothing of the manifesto before its publication and that while he had not consulted either American or European signers of the proposal, he was certain they had no intention that it should apply to America.

The full report of the American group will not be made public until the Stockholm meeting of the international body next June, but portions of it relating to the tariff were made available today in view of the publication of the international manifesto several days ago dealing with the subject.

American Stand Stated. "The American committee," the report says, "believes that the central committee (of the International Chamber) must, of necessity, recognize that the question of tariff policy to be pursued by a nation is a matter of domestic concern and that each nation must (Continued on Page 2, Column 7.)

By the Associated Press. The American Government is preparing to publicly declare that it does not consider the recent financiers' manifesto against world trade restrictions as applying to the United States.

At the same time the Government is expected to give support to the suggestion for a leveling of customs barriers among European nations. The pronouncement is to be made by Secretary Mellon, who discussed the subject today with President Coolidge. The Secretary advised his chief that he considered the manifesto sound so far as it applies to Europe, but there could be no thought to lowering the American tariff.

Statement in Paris. Coincident with the White House conference it became known that the American section of the International Chamber of Commerce, composed of business men who are members of the Chamber of Commerce of the United States, had prepared a report saying that American business and American labor had come to the "studied decision" that American living standards must be protected. and that "no action which will tend to lower them can have any than an unfortunate effect."

The financiers' manifesto. recently made public in New York, advocated a leveling of international trade barriers, but made specific reference to no individual nation. It carried the signatures of an imposing international group of business men, including J. P. Morgan.

In deciding to set forth clearly the position of the American Government, the President and Secretary Mellon were influenced by continuing speculation whether the suggestions of the financiers were intended to apply to the American protective tariff, as well as to the customs barriers erected between European nations since the World War. Not Aimed at U. S. Some of those interested in preparation of the manifesto have said there was no intention to apply the conclusions to the United States, but in other quarters it has been pointed out that nothing in the text of the document excludes this country.

Secretary Mellon told the President today that he knew nothing of the manifesto before its publication and that while he had not consulted either American or European signers of the proposal, he was certain they had no intention that it should apply to America.

The full report of the American group will not be made public until the Stockholm meeting of the international body next June, but portions of it relating to the tariff were made available today in view of the publication of the international manifesto several days ago dealing with the subject.

American Stand Stated. "The American committee," the report says, "believes that the central committee (of the International Chamber) must, of necessity, recognize that the question of tariff policy to be pursued by a nation is a matter of domestic concern and that each nation must (Continued on Page 2, Column 7.)