The observance of parity conserving time reversal violation in light quark
systems could signal the presence of physics beyond the Standard Model. I
discuss the implications of low-energy time reversal tests for the existence of
such T-violating, P-conserving (TVPC) interactions. I argue that searches for
permanent electric dipole moments (EDM's) and direct TVPC searches provide
complementary information on P-conserving T-violation. EDM searches yield
constraints only under the assumption that parity symmetry is restored at the
scale Lambda associated with new TVPC physics. If parity remains broken at
short distances, direct searches yield the least ambiguous bounds. In the
latter case, improving the experimental precision of direct TVPC searches in
neutron beta-decay and polarized epithermal neutron transmission at the
Spallation Neutron Source could yield tighter bounds.Comment: To appear in proceedings of Workshop on Fundamental Physics with
Pulsed Neutron Beams, held at the Research Triangle Park, North Carolina,
June 1 -- 3, 2000. Nine page