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American Pageeant Ch 37 Notes

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FDR

American Pageant- Chapter 37 NOTES FRANKLIN D. ROOSEVELT AND THE SHADOW OF WAR (1933-1941) THE LONDON CONFERENCE- summer of 1933 67 nations at the London Economic Conference which revealed how FDR?s foreign policy= subordinated to his domestic economic recovery strategy To organize a coordinated international attack on global depression To stabilize the values of various nation?s currencies & the rates at which they couldn?t be exchanged Exchange-rate stabilization= essential to the revival of world trade, which had evaporated by 1933 FDR 1st agreed to send an US delegation w/ Sect of State Cordell hull 2nd thoughts b/c of conference?s agenda He wanted to pursue his gold juggling & other inflationary policies at home as a means of stimulating US recovery

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