THE PRESIDENCY: The Hoover Week: Aug. 3, 1931

President Hoover last week kept the London Conference on Germany's economic rehabilitation under sharp White House focus. Because this was the first such European parley the U. S. had officially joined in a dozen years, he was at its outset slightly apprehensive. But when after 72 hours the seven-power meeting adopted his ideas of relief and adjourned without any political eruptions, the President was a happy and relieved man. Secretaries Stimson and Mellon, as U. S. delegates in London, agreed to a 90-day renewal of the $100,000,000 international loan to Germany and...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!