Evening star., 1933-06-12
Text of Macdonald Speech
Prime Minister of Great Britain Offers "Hearty
Welcome" to Representatives. OF World Coy
nrents at Economic Conference.

world In enlightenment but In well
being.
1--WE are here therefore to pursue the
better course Of International agree
ment.
1.-THE Council Of the League, on the
advice of the Lausanne Conference, ap-,
pointed a very able and most repre-
sentative body Of experts to report upon
an agenda for our business, and it is
before you and will be made the basis
for your deliberations.
Thanks Experts.
'"The heartiest thanks of this con-
ference are due to those experts for the
work and the ability they have en-
bodied in this report.
THE sgenda deals only with govern
ment policy in relation to recovery, and
no one must think of 1t as being a COM
plete program. We do not profess to
touch upon internal machinery and
the transactions of business, for in
stance hours Of labor and rates of
wages in relation to production, the de-
structive effect of speculation and
gambling on recovering national credit,
or the part played by the middleman in
ing of wholesale prices.
I'VE are concentrating on what pri-
marily belongs to the responsibilities of
governments as to common action.
When We have done our part the vari-
GUS governments must face their own
problems of internal industrial policy
in cooperation where that is possible
or necessary, with the international
labor office.
My thanks are due to the League of
Nations for the honor they have done
me by inviting me to preside over the
conference, I have accepted the invita-
ton knowing full well how formidable
is the work, but relying on the trust
and cooperation of the whole body Of
delegates.
Greets Joseph Avenol.
my thanks are due to the League
Of Nations for the honor they have
done me by inviting me to preside over
the conference I have accepted the
invitation knowing full we'll how for
midible is the work, but relying upon
the trust and cooperation of the whole
body Of delegates and upon the inval-
liable experience and help Of Joseph
Avenol. head of the League secretariat,
and his staff from Geneva
''Mr. Ayenol we greet for the first
time since his appointment as secretary
general of the League. He will shortly
be taking up his duties and we wish
him many years of high endeavor sue
cessfully accomplished.
'I am sure that we are all aware
Of heavy responsibilities which are upon
us and that we have met determined
to make the conference a success. The
fate of generations may well depend
upon the courage, sincerity and width
of view which We are to show during
the next few weeks.
"As the experts have reminded us:
Tt will not in our judgment be possible
to make substantial progress by piece
meal measures; policy Of nibbling will
not solve this crisis
Have We come to deliberate and to
decide as though our respective nations
were isolated units in the world? Then
we shall fail and the world which looks
upon US today with expectations will
have to drain a bitter cup of disap-
pointment.
For the Good of All.
Have We come knowing that the per-
manent good of each is dependent upon
the permanent good of all, and deter
mined to cooperate In coming to agree
q
prosperity possible? Then we shall sue
ceed and expectations of the world will
be justified
I'VE must not fail.
The men who succeed must face
their work in the spirit of conquerors.
We give to the world as the note of
our flrst meeting that We are deter
mined to succeed.
Nor can We delay Rapidity of
agreement is essential to success. Let
the world know that We can show
decision and give leadership.
Our program Is intricate and raises
subjects upon which we hold views
hitherto unreconciled. And yet the
needs OF the day are so pressing, the
experiences OF these years have been
SO illumir ling and so tragic, that
surely We 4-Ilst approach our work with
fresh and flexible minds.
The facts of our time have answered
many OF the Stiffest theories and dog
mas Of the past. Craftsmanship today
Will be judged by what 1t devises to
dlspel the stern realities of the present
and to anticipate the requirements of
the future.
II think that express the wishes of
the great body of delegates when I say
that We have not come to discuss mere
CSOioliiiC IflcOIIcS ana ReDeTdutleS DuC
to make practical proposals to meet
urgent necessities. should therefore
invite each delegation to submit its
proposals in terms that are definite so
that we may enter without loss Of time
into an examination of what can be
translated into action, and begin delib-
erations on what each Of us can do In
cooperation with the others either for
the emergency or for more permanent
purposes.
Let this London Conference put new
heart and new confidence into the
world and let it mark the end of the
years of uncertainties and of policies
which have brought this distress upon
us all
Let us see to 1t that before we dis
perse We shall have revived hope and
energy and opportunity. For those the
world waits, and it is in our power to
provide them"
EGYPTIAN ROYALTY IN u. S.