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Board of Trade Walter Runciman, one of the Empire's greatest shipping and industrial tycoons, went out to bleak Penzance and told an audience of sturdy Cornish constituents that President Roosevelt's neglect thus far to stabilize the dollar has jeopardized his chances of succeeding with...

Author: /time Magazine | Title: Foreign News: Roosevelt's Tools | 10/23/1933 | See Source »

...United States," said Mr. Runciman, "President Roosevelt, the greatest autocrat in the world, has chosen to make a huge experiment. If the United States were a little world all its own it is conceivable that the experiment might succeed but she is also involved in foreign trade. . . . America could have made a great contribution toward world financial confidence had she stabilized her dollar in relation to the pound and the franc [which President Roosevelt refused to do at the time of the World Economic Conference]. I say without hesitation that before many months have passed the United States authorities will...

Author: /time Magazine | Title: Foreign News: Roosevelt's Tools | 10/23/1933 | See Source »

Britain long ago tried public works for relief, stopped them as a costly failure. Last week when the U. S. delegation to the London Conference tried to woo Britain back to such a program on an international basis, Walter Runciman of the Board of Trade firmly declared: "This method of dealing with the problem is unduly expensive and an experiment we are not going to repeat. . . . We have come to the conclusion that schemes of this kind are most unremunerative...

Author: /time Magazine | Title: THE CABINET: Billions for Building | 7/24/1933 | See Source »

Maisky. While these fireworks sizzled in Moscow, diplomatic spade work went on in London. Soviet Ambassador Yvan Maisky quietly called on Sir John Simon and on Walter Runciman, President of the Board of Trade. The result of these conversations was reported to Moscow and to Ramsay MacDonald: When the trial ends, a verdict of Guilty will almost certainly be pronounced, a verdict that will flame in every Soviet newspaper, BUT this verdict may be appealed to the Presidium of the Union Central Executive Committee which has the power to transmute death or prison sentences to deportation from Russia...

Author: /time Magazine | Title: RUSSIA: Priznayu | 4/24/1933 | See Source »

...signed at Washington in 1923 the promise to pay $11,000,000,000 over 62 years, from which Mother Britain has been trying to extricate herself ever since; 3) Foreign Secretary Sir John Simon; 4) Chancellor of the Exchequer Neville Chamberlain; 5) President of the Board of Trade Walter Runciman...

Author: /time Magazine | Title: GREAT BRITAIN: Big Five v. Big Swapping | 2/13/1933 | See Source »

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