A world economic conference on monetary stabilization and trade, with an agricultural representative

We favor the participation by the United States in an international conference to consider matters relating to monetary questions, including the position of silver, exchange problems, and commodity prices, and possible co-operative action concerning them.

It was in accordance with these principles that we have joined in the development of a world economic conference to bulwark the whole international fabric of finance, of monetary values, and the expansion of world commerce.

I am participating in the organization of a world economic conference to be held late this year. Every intelligence the world can command will be concentrated on the rehabilitation of economic stability.

I shall send a representative of agriculture as a member of that world conference.

I stipulated as a condition of American entry into that conference that there should be considered also the methods for the restoration of the use and price of silver as a full part in that conference. That was finally accepted. I have given assurances to the people of the Intermountain region that I shall appoint a representative on the American delegation who will carry their point of view to that conference.