Graham Stewart’s Past Notes in Saturday’s Times gave a fascinating account of the 1933 equivalent of last weeks G20
The London Monetary & Economic Conference was attended by 66 of the then 67 independent nations in the world, accompanied by their spouses
The opening address was broadcast throughout the world, stretching the then newish technology of radio to its limits. It was given by His Majesty King George V via a symbolic gold microphone
The conference was an abysmal failure, since the American President was adamant about not giving in to European demands that the USA return to the Gold Standard
It is salutary that hardly anybody these days has heard of this great event
