London Conference (1933)

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The London Conference was an international economic conference that took place from June 12 to July 27, 1933 in London against the background of the Great Depression. Representatives from 66 countries took part in the conference organized by the League of Nations . The most important topics were the currency stabilization to end the currency war of the 1930s and the debt problem. The conference failed with its ideas because of the resistance of US President Franklin D. Roosevelt , who rejected the proposals for currency stabilization. France's Prime Minister Édouard Daladier spoke out there in favor of overcoming the economic crisis in favor of promoting the sales activities of companies, and monetary policy could take a back seat.

Alfred Hugenberg's speech , the German Minister of Economic Affairs and Agriculture , in which he rejected free trade and called for land in the east, led to his resignation.

In the Tripartite Agreement of 1936, the goal of currency stabilization was finally achieved.

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