"The United States is the most annoying member of the family of nations," declared Oliver M. W. Sprague '97, Converse Professor of Banking and Finance, and former assistant to the Secretary of the Treasury, speaking before an audience in the Senior Common Room of Winthrop House last night. "We become very angry and disagreeable when other nations do things which displease us, and yet we commit extremely unreasonable acts and think nothing of it."
The Professor then explained his viewpoint by pointing out how President Roosevelt has blasted all hopes of the World Economic Conference last June, and had made negotiations concerning trade impossible by announcing a change in our monetary policies. He asserted that America, in going off the gold standard, had used every effort to depreciate the dollar in order to bring about a recovery in trade, "an action never before intentionally attempted by a nation.
"If another nation had done this, America would have been almost ready for war."
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CONANT TALKS TO CLASS OF 1937 AT ANNUAL SMOKER
