WAS THE STAGE SET?

Evening Post, Volume CXV, Issue 94, 22 April 1933, Page 11

WAS THE STAGE SET?

THE SITUATION ALTERED

NEW YORK, April 20. Oil the eve of the arrival of the British Prime Minister, Mr. J. Ramsay Mac Donald, to discuss with President Roosevelt many important world problems, tho qupstion may frankly be asked as to what extent the stage was set for him and for tho French delegate, M. Herriot, sineo the official .abandonment of the gold standard and the intended adoption of controlled inflation have obviously upset their plans and have loosed forces domestically of possibly incalculable strength and not wholly predictable direction. Such a stage setting might prove too much for the drama itself —namely, the adjustment of international economic affairs via a world conference. Frantic shore-to-ship telephone calls from the Press Association today elicit-, ed the statement from Mr. Mac Donald: "It is easy to realise that the events of the past two days have materially altered the situation since we left London and have provided new elements for consideration. Quite naturally the abandonment of the gold standard by the United States will have a decided bearing on the coming discussions." M. Herriot, in a statement aboard the He de France, said:— , "My mission is a new one. We supposed the President would await an exchange of opinions with Mr. MacDonald and myself before taking a decision, as the invitation was inspired by