The discussions have embraced subjects of such importance as the present financial crisis, intergovernmental debts, the limitation and reduction of armaments, the stabilization of international exchange.

It has not been the purpose of this meeting to reach any particular agreements but the informal discussions and exchanges of views have served to clarify many points of mutual interest and have established a sympathetic understanding.

Presidents pair only with Premiers. Foreign Ministers, one rung down the diplomatic ladder, pair off with Secretaries of State. When Britain's MacDonald and France's Laval visited the White House, it...

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