Convene international monetary and economic conferences to stabilize currencies and restore trade

We advocate a competitive tariff for revenue with a fact-finding tariff commission free from executive interference, reciprocal tariff agreements with other nations, and an international economic conference designed to restore international trade and facilitate exchange.

That admirable document, the platform which you have adopted, is clear. I accept it 100 percent.

Blanket endorsement of every plank.

The United States could well afford to take the lead in asking for a general conference to establish less changeable fiscal relationships and to determine what can be done to restore the purchasing power of that half of the world's inhabitants who are on a silver basis

And one of the greatest of these questions of international relationship, let us say it frankly, is that of money, of gold and of silver!

Endorses the platform's silver conference plank; promises a detailed monetary statement 'very shortly' (never delivered as such).

It is widely recognized by enlightened financial leaders, conservative and liberal alike, that to remedy this we shall have to look to international action. And in line with the plan suggested by the Democratic platform I shall advocate immediate action by our Government in cooperation with other Governments of the world.

On Far Eastern currency depreciation (silver).

There are many ways of producing the results desired without disturbing the currency of the United States.

Roosevelt scuttled the conference he had promised to lead, then reversed course in 1936.

Roosevelt soon recognized his mistake and his administration worked with England and France to stabilize the international economic system, negotiating monetary agreements with those nations in 1936.