The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-04-22
MACDONALD
URGES FIXED
MONEY BASIS
Restoration of NormaIity in
in FIuctuating Exchanges
Held Necessary.
TALKS TO ROOSEVELT
Important Decisions May Be
Reached in Potomac
Cruise Sunday.
BY RAYMOND CLAPPER
United Press staff Correspondent

WASHINGTON, April 22-Return
of fixed monetary exchange stand
ards and revision of war debts took
important roles today at the start
of the Roosevelt Macdonald talks.
Within an hour after he reached
the White House to begin his mo-
mentous conversations, the prime
minister said his country long had
desired to discuss with other nations
the restoration of normality in fluc-
tuating exchanges. He said the
problem would be explored thor
oughly.
This was in answer to a question
regarding establishment of the
international gold standard.
War debt revision, Macdonald
continued, was part Of the central
economic problem. He placed no
especial emphasis on this question,
however.
HerriOt to Arrive Sunday
Social formalities interrupted the
conversations today. Calls were ar
ranged on the Vice-P President, the
chief justice, the Speaker, and sec
rotary of state. Luncheon at the
National Press club, garden party
at the British embassy, and a for
NAL White House dinner filled the
remainder of his days program.
But Sunday he and President
Roosevelt expect to spend the en-
tire day practically alone together
cruising down the Potomac on the
government yacht Sequoia, free
from intrusion while they talk on
brass tacks" basis.
France moves into the picture
Sunday when former Premier Her.
riot arrives in Washington late in
the day.
Americas sudden abandonment of
the gold standard has thrown in the
lap of the short, stocky, bristling-
pompadoured spokesman for France
the opportunity to serve as har-
monizing influence while the United
States and Britain consider ways
and means of averting the race in
depreciation threatened between the
dollar and the pound.
Briton Tells of Hopes
Macdonald, tall, rich-voiced Scots
man, who rose from a Socialist
soap box in Hyde Park to the rank
ing political post in England, talked
of his hopes for a united Anglo
American attack on the depression
while standing behind the Presi-
dents desk in the White House Of
fees.
President Roosevelt turned his Of
flee over to his visitor as friendly
gesture to facilitate a conference
with newspaper correspondents.
The prime minister, whose horn
trimmed SpectacleS and slight Stoop
gave him a professional air, lament
ed friction aroused over Americas
sudden abandonment of the gold
standard. With evangelical fervor
in his voice, he appealed for CO.
operation between the two nations
Ill dAlQ OAOul CoS
caused by the depression.
ParIeys Simple, Informal
The key for the conferences was
set by the simple, informal man
ner of the prime minister's arrival.
There were no bands and no mil
itary pomp.
Prime Minister Macdonald and
his daughter, Miss Ishbel Mac
Donald, arrived, as he explained, for
a long weekend"
In that spirit the Roosevelts were
standing on the portico in front of
the White House to greet their
guests. There was no formal pres
entation by a major domo in the
blue room.
Mrs. Roosevelt was bareheaded.
Her little black Scotty, "Meggie,"
scampered at her heels. Several
hundred persons gathered around
cheered as the White House limou-
sine rolled up with the visitors.
Macdonald diSclaimed any feel
ing of irritation over Americas sud-
den abandonment of the dollar. On
the contrary, he said, it brought the
problem into clearer relief.
Paints Hardships Picture
He appeared in the role of
champion of the forgotten man, the
victim of undeserved poverty, who
needed the help of the governments
of the world
Once a laborer himself. Britain's
first labor prime minister painted
Turn tn Pare Threel