SOUND PRINCIPLES
AN INTERNATIONAL ACTION. MR MACDONALD’S OBSERVATION. DEBTS “A HARD NUT.” (United Press Association—By Electric Telegraph.—Copyright.) Received May 6. 12.5 p.m. LONDON, May 5. Mr Ramsay MacDonald, when broadcasting regarding his American visit, declared that if Britain tried to make itself economically self-sufficing the population must be reduced by migrating millions, even to maintain the present standard of living.
This would not be possbile for years, the alternative being devastating destitution. The international conference must agree upon sound tariff principles, the removal of obstructive devices like tho restriction of currency movements, keep the exchange value steady, and providing work for tho millions of decent people now idle. He and President Roosevelt candidly discussed the Anglo-American attitude on war debts, which was a “hard nut still uncracked.”
THE BRITISH EMPIRE,
REPRESENTATIVES CONFER.
EXCHANGE OF VIEWS,
Received May 6, 10.20 a.m. . LONDON, May 5.
Tho British Government and Dominion and colonial representatives will be periodically conferring prior to the World Conference.
They will exchange views on commercial, economic and agricultural matters, but not on the monetary policy.
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Bibliographic details
Manawatu Standard, Volume LIII, Issue 134, 6 May 1933, Page 7
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176SOUND PRINCIPLES Manawatu Standard, Volume LIII, Issue 134, 6 May 1933, Page 7
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