Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-07-29
MACDONALD VISIT
| ENCOURAGES REICH
Friendly British Attitude Re-
garded Chief Gain Despite
Little Progress.
BY the Associated Press.

BY the Associated Press.
BERLIN, July 29.-The roar Of the
plane carrying Prime Minister Mac
Donald home had hardly died away
over the rooftops of Berlin today when
Chancellor Bruening and Foreign Min
lister Curtius, who had bade him fare
well at the airport, were In the midst
Of another urgent cabinet meeting de-
liberating Germany's next move to over
come her economic crisis
The situation is still menacing and
there are grave technical and financial.
as we'll as political. dificulties, but the
government faces its problems with a
new confidence arising from the visit Of
the prime minister and his foreign
secretary, Arthur Henderson.
Germans Encouraged.
It was clear from the start that no
immediate concrete aid, such as a Dig
foreign credit, was to be expected from
their visit. but the friendly attitude
which characterized the Anglo-Cerman
meeting was an immense encourage
ment not only to the German states
men but to the German public.
Mr.. MacDonald's repeated reference
to the fundamental soundness OF Ger
many's position and his assertion OF
belief that the country Is strong enough
to null itself through did much to re-
move the encouragement which mas
been deeply rooted in some sections,
Progress also was made in other d.
rections, but the achievement which is
obvious even to those who had not the
slightest idea Of what was being dis
cussed is the definite manifestation OF
Great Britain's friendship.
Banks Immediate Question.
The immediate question which oc-
cupied the cabinet today was considera-
ton Of what will happen when the
banks are Teopened.
It Is expected that normal banking
activities, with the exception OF those
of the savings banks, will be resumed
by Monday, and II there should be
heavy Withdrawals from commercial ac-
counts the banks will need large Ad-
ditional supply OF currency. The caoi-
net. the Reichsbank ofiicials and indus
trial leaders are trying to figure out
where they are to get 1t, and 1t is posi-
BILE that some emergency medium OF eX-
change similar to the clearing house
certificates used In the United States
in 1907 may be called into play and
that Reichsbank notes may be called In.
Meanwhile it appeared likely that
Chancellor Bruening and DR.. Curtius
might leave the capital again next week
to visit Premier Mussolini in Rome. He
invited them to Italy after the confer
ence at Chequers with Prime Minister
Macdonald.
Discussed Armament.
Foreign Secretary Henderson, who
left by train last night, made use Of
his opportunity in Berlin to discuss the
disarmament problem at length with
| the German ministers.
Mr.. Henderson, who will preside at
the disarmament conference scheduled
! for next February, Is understood to
have been informed by Chancellor
Bruening that Germany claims equal
| treatment so far as armament Is con-
cerned; that Germany does not want
more ornaments, and that she desires
an adjustment bearable by all Europes n
nations, but based on equal conditions
| for all.
Prime Minister Macdonald. in Q
British Army plane. reached Hanover
| Just before noon. While his ship and
the two escorting planes refueled, Mr.
Macdonald had light breakfast in the
airport restaurant, resuming the night
half an hour later.
HENDON. England. July 20 (P.-
Prime Minister Ramsay Macdonald ar
rived by airplane from Berlin thi:
evening.
SEES LOAN AS HUMLIATING.