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The Guardian And Evening Star, with which is incorporated the West Coast Times. SATURDAY, APRIL 29, 1933. THE VISIT.

The important meeting between the British Prime Mini Mer and President ,R«oosevel|j seemed ait too short for the momentous questions to he 'discussed. However, it has ended and Arr 'MucDonaid is speeding (across the Atlantic again in, on© oi the ocean greyhounds. The cable news, is not very satisfying, Lecause there were not any open agreements reached which might lie published. Still, that is not disturbing, because it was not intended to raven agreements.' Mr MacDonald said in' the. 'Commons that the meeting ■ was to be only an exchange of views, so as to lead up to something practical *at later conferences, tie did'not-intend to commit Britain io anything definite till, he had consulted his Ministers. Al-1 . that lias been, clone, and Mr MacDonald appears to have performed his part well. ,4s a Commoner he appealed to the Americans, and he appears to have «rid the right thing in the right place. His public utterances were all in the best of taste, and no doubt he has left a good impression behind him, and the prestige of the country lias not been other than enhanced. Brief as the visit was, it is pregnant with possibilities. In meeting the President, Mr MacDonald was in converse with the most powerful man in the United 'States'.- If a unity between the two countries can be cemented, it would 1)0 of value to the world at largo. As English sneaking races there is every reason why they should act more in concert in -international matters, and if there were a real hand of sympathy and confidence, instead of rivalry and suspicion, the gain would he enormous. The visit should go some way in accomplishing such an objective. The main features of the discussions were concentrated on trade, currencies and war debts. The two points of view explained on these matters must help, to clarify the position, and a frank avowal of aims and objects would engender confidence one with the other. It would appear something will tranwire in respect to war debts, f-or already there is talk of renewing the moratorium. This is evidence of a. disposition to give the matter furtlijer consideration. Results will bear probably on the outcome of the delayed Economic Conference which is to meet now in London in June. The visit was in the main to set the stage for this event, and it will be very interesting if Mr MacDonald’s wishes -are realised and the United States delegates sit on the same side of the table as the Britain. It isi evident seen has been, sown to that end, and accomplished there should be definite results from the gathering. It is clear that currencies _ have had consideration, and it is not without - interest to note at this juncture that there is growing opposition in America to inflation. There is a very responsible opinion in the United .States opposed to inflation, considering it but a te’uporarv aid to recovery, ir.,nd de~tilined! in the. long run to rather fail in its objective. No doubt, jf the international currencies can he brought into closer "'Mien, and the exchange .system minimised, it should be possible* with a. review o' t'■'viir.s to th° same end. to revive world trade and so hpbv the con’ 1 tries to end?no from the depression wlii-b has created sirnh a.n army of unemployed all over the globe.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19330429.2.15

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 29 April 1933, Page 4

Word count
Tapeke kupu
579

The Guardian And Evening Star, with which is incorporated the West Coast Times. SATURDAY, APRIL 29, 1933. THE VISIT. Hokitika Guardian, 29 April 1933, Page 4

The Guardian And Evening Star, with which is incorporated the West Coast Times. SATURDAY, APRIL 29, 1933. THE VISIT. Hokitika Guardian, 29 April 1933, Page 4

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