London Economic Conference, 1933

   The World Monetary and Economic Conference, better known as the London Economic Conference, met in June and July 1933 in response to the growing crisis of the Great Depression. Attempts to reach an agreement on tariff reduction and currency stabilization failed, and the United States refused to discuss war debt. Before the conference ended, President Franklin D. Roosevelt called the U.S. delegation home, effectively undermining the conference.

Historical Dictionary of the Roosevelt–Truman Era . . 2015.

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