NO EFFECT ON ENGLAND

Stratford Evening Post, Volume II, Issue 226, 22 April 1933, Page 5

NO EFFECT ON ENGLAND

"Abandonment of Gold Standard" MR. MacDONALD'S VIEW

p ro ,c A«?oeifttion. —Copyright. Reed. Today, 5.45 a.m.

New York, April 21—Arriving to map a campaign for a world war against what he called "unmerited poverty," Mr. MacDonald said today: "The abandonment of the gold standard by the United States affects England not at ail so far as I am concerned." Asked in a brief interview if he was disappointed in President Roosevelt's action, he replied, "Oh, gracious, no," adding that he really was without any information concerning the development aside from the bare fact that this country had for the time being abandoned the gold standard.

“It only brings out in a higher light,” he said, “the distress of the world, and that is what your President and I are trying to face and I hope to face it successfully.”