London Economic Conference
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The London Economic Conference was a meeting that took place between 66 nations in the summer of 1933. The purpose was to attack global depression, revive international trade, and stabilize international currencies. However, while vacationing on his yacht in the North Pacific, Franklin D. Roosevelt issued a radio message to London, condemning the conference for trying to stabilize currency, and he indirectly declared that the United States would not participate in the negotiations.[1][2]
