 On the Sunday following his inauguration the very next day the president took his problems to the great councilor. He went to church and bowed his head in prayer as he'd done on the morning of March 4th before proceeding to the Capitol to take the oath. While we cannot know what Franklin D. Roosevelt confided to his God or asked to be God, we do know that the people felt an even greater reassurance in this simple act of devotion on the part of the man who had so thrilled and uplifted him. And then without the loss of an hour he called in his secretary of the treasury William H. Wooden and planned and executed those brilliant and decisive strokes by which the country's financial structure was preserved. By declaring a bank holiday he halted the growing penny and provided a breathing spell in which to readjust credit and provide more currency. In our history with Congress eagerly accepting the president's recommendation. By a vote of 73 to 7 the United States Senate hastened to pass the president's banking measure. It was the most emphatic vote of confidence which that body had given to the head of the nation in many a long year. In the house the new speaker white-haired Henry W. Rainey of Illinois was at the throttle running the legislative locomotive in the direction of his party leader the president was demanding it should go. Rainey knew it was no time for quibbling. Straight through he drove the Roosevelt's measures. Intense interest was shown in the house as the clerk read the president's great economy bill which planned the saving of 500 million. And with the banking situations moving out the president went on the air on the night of Sunday March the 12th and talked to the people in simple friendly terms. The bank holiday while resulting in many cases in great inconvenience is affording us the opportunity to supply the currency necessary to meet the situation. No sound bank is a dollar worse off than it was when it closed its doors. It is possible of course in a very few places that when the banks resume a very few people who have not recovered from their fear may again begin withdrawals. Let me make it clear that the banks will take care of all need. And it is my belief that hoarding during the past week has become an exceedingly unfashionable pastime. After all there is an element in the readjustment of our financial system that is more important than currency more important than gold and that is the confidence of the people themselves. Confidence and courage are the essentials of success in carrying out our plan. You people must have faith. You must not be stampeded by rumors or guesses. Let us unite in vanishing fear. We have provided the machinery to restore our financial system and it is up to you to support and make it work. It is your problem my friends no less than it is mine. Together we cannot fail entirely new spirit came over the face of the government under the president's guidance. For the first time in history the Treasury Department under orders from Secretary Wooden permitted pictures to be made of the processes of printing and engraving United States currency in the Bureau of Engraving and Printing in Washington. I had made the old timers gas they were so startled. Confident in their presidents in his policies people all over the country rushed back to replace the deposits as the closed banks reopened their door. Trading about the impetus of this new confidence and courage. The wheels began to turn again. There was a rush of trading in the great Chicago week. In the New York stock market prices rose sharply. People began to buy it and encouraging reports were heard on all sides about the upturn in business that had come at last. A memorable day when at the president's behest the Senate in record time voted for beer and the end of the long drought was in sight. He late at the Resolute the president sat at his desk facing one new problem after another. With the financial structure of the country strengthened and revitalized with new impetus given to commerce and industry his mind now turned to farmers in their place to the truck farmers who raise our vegetables and the big grain farmers who provide our bread and his thoughts took in also the distressing situation of the sheep raisers of the West and as what to be done soundly and practically for those men whose flocks cover a thousand hills, a wealth of wool and a mutton and no market worth the trouble of shipping. The president sat and thought at his desk he envisioned the troubles of the Western cattlemen sons and descendants of the bold spirits who carved out the famous cattle trails of the old West and in his mind's eye no doubt he could see the great and useless herds of fine beef for which also there was no price to bring joy to the heart of the cowmen. The days passed swiftly in that historic month of March 1933 when so much was done so much was planned and this man of many burdens gave his whole mind and soul to pondering swift and practical things and to him came the great vision of relieving unemployment by a great reforestation project embracing 10 states to provide work for 250,000 men and to create new farms, new towns, new wealth for the people as a whole, clearing and reinvigorating the forests of the land, providing the building material which industry needed, visioning the progress of timber from the new forests that are to arise to the mills of industry that will await them in the future. Press that will not be robbed by haste and by greed. His rapid mind moved on to the 22nd of that historic march to another decisive stroke. At his desk in the White House he signed the bill which kept one of the most important pledges of the Democratic platform. The pledge to give beer back to the people if the democracy came in the power. There it was the document which reversed the ironclad restrictions of 13 years and immediately all over the country the work of preparing to brew good beer was begun. The cobwebs of years of neglect were swept from banks. Armies of men were called to polish the brewing machinery, put the long neglected plants in perfect order for the rush of business that was certain to come. Another emphasis was given to business when the president put his name to the beer bill and made it law. Girls and they brushed up the brewery horses and even the horses felt the gay stimulus of the new deal and Broadway got lit up to celebrate and has occurred in this great country. You can actually see people going to work. Factories which have been closed for months, for years in some cases, have called for men, have started the wheels to turning and are resuming the long interrupted routine production. America is catching its full stride. There's a new feeling of hope of determination in the air. It is a new march of prosperity behind the country's militant leader, the fighting president. New leaders, new ideas have seized the minds of men. Events are moving swiftly in the direction of progress, economic stability and peace. Outstanding in the great forward steps toward world unity are the Geneva Disarmament Conference and the World Monetary and Economic Conference here in the British Capital. In the new Geological Museum in South Kensington, in these rooms which workmen are now fitting out for their significant role, the fate of civilization itself may well rest. And in these far-sighted straggings for universal good, two great leaders stand out, two great leaders of two great English-speaking nations, two men of widely separated antecedents, but of singularly similar viewpoints and leadership. Prime Minister J. Ramsey MacDonald of Great England, Delano, Roosevelt of the United States. Premier MacDonald was born in 1866 in the little Scotch town of Losimuth in Elgin County, far to the north on Moray Firth. He was of humble origin and is practically self-educated. At 19, he came to London to do secretarial work and a few years later found him active in the socialist movement, serving his apprenticeship at soapbox, oratory and Hyde Park and Trafalgar Square and becoming noted in labor circles as an organizer and writer. Little did the nation suspect in those Victorian days that the lean, long-haired Scotch scribbler would one day be a world figure, secretary of the Labour Party for 11 years and then its leader, member of the London County Council for four years, then elected as a member of parliament. These were the steps by which he rose to high estate in the nation's affairs. The Labour Party's great success in 1923 resulted in his selection as Prime Minister and as their majesties wrote to parliament in the auspicious year of 1924 with all the famous trappings of age old regal pomp ceremony. The entire world marveled at the curious twist of British democracy that plucked from the masses from the very bosom of anti-patriotic internationalism, a self-made battler against British conservatism, to be the king's man, the creator of a ministry, the maker of government. MacDonald Scotch's sagacity soon became paramount in all international debt parlors. In Paris, he is welcomed by Premier Aereo on the eve of the Lausanne Conference. His stand on settlements and cancellation of Lausanne ring on the world. And again in Paris, he and Premier Aereo confer at the critical moment when the French leader is facing the wreck of his ministry over the December war debt payment. And then came the Prime Minister's epical trip to Rome. General Balbo, Italian Air Minister, himself pilots the huge, trimotored hydroplane with the MacDonald Party aboard from Genoa to Austria. And there for the first time on record, Premier MacDonald and Premier Mussolini meet on Italian soil, a meeting destined to result in the announcement of the famous four-power treaty, Europe's own peace pact, embracing Britain, France, Germany and Italy. It is during this important conference in Il Ducce's own office that the elements of Mussolini's recently adopted peace plan is dropped, a 10-year pact that now, months after its presentation looms as one of the outstanding instruments of the era in world politics. As the originator of the MacDonald disarmament plan, the British Premier was the first European leader sought out by President Roosevelt after the great change in administration at Washington. Invited to confer with the American president prior to the Geneva and London parlies, the Premier and his gracious daughter journey to the United States, where they're received with honor and acclaim by the city of New York in the fleeting minutes they have to spend in New York waters. The eyes of America and of the world are on MacDonald today as he lands aboard the train for Washington. The peace and probable prosperity of all nations are in balance. This visit means much to the summer's parlies. And on those parlies rests the structure of modern civilization itself. An agreeable almost a startling surprise awaits Premier MacDonald at the White House, the American presidential residence. Instead of expected stiffness and formality, the president and his charming wife are out on the front steps to greet with warmth and true American hospitality, their guests from overseas. The Prime Minister long has been close to the hearts of the American public. His tribute to the forever nameless American fighting man whose heroic dust lies under the slab at their unknown soldiers tomb, won their high regard. The self-educated Scotchman of the 80s has made a doctor of laws by George Washington University and gets a real thrill out of the collegiate mortarboard. On his visit to the majestic capital home of the American Congress and the seat of government, he has accorded the courtesy of the United States Senate and addresses the lawmakers of our sister nation, winning great applause and praise by his apt and enlightening remarks. One of the highlights of his stay in Washington is his appearance at the National Press Club, the shrine of American newspaper dump. And hosts of the National Press Club, I am really delighted to be your guest once again. We want the machinery of production and of consumption to begin to go round again and we can't do that by any system of pure nationalist economics. American Ken, if you want to come across a good nationalist, go to Scotland in order to find them. I'm proud of being a nationalist. I'm proud of my history. I'm proud of my culture. I'm proud of my gift and my kin. I'm proud of the past that we have played in the history of mankind. But if I translate that pride of mine, that nationality of mine into nationalist economics, to find gage in the order of magic delusion of imagining that a Scotland made economically self-contained is going to make its tribute to the world's wealth, then what I shall find is this, that I shall both impoverish myself and impoverish my neighbors outside my own boundaries. The United States, Great Britain, France protect themselves. We have been going through difficult times. What's the way to handle them? Agree how to get out of them. Happiness, contentment, enjoyed by large populations living on high standards of life can only be maintained by a freely flowing international exchange. And how we're going to devise that freely flowing exchange is to be the main purpose of the international economic company. Drive in Washington for preliminary talks with Roosevelt and with Cordell Hall, American Secretary of State, including Prime Minister Bennett of Canada and Edward Ariel having laid the groundwork for Anglo-American cooperation in the momentous days to follow. Days that are to startle the world with Roosevelt's appealed wall nations for immediate action on the McDonald disarmament plan and for real constructive results at the London Economic Company. And so the Premier is welcome back to number 10 Downing Street by a nation enthusiastically impressed with the greatness of his efforts for world betterment. A sudden idol and magic leader of the American people whose first bold strides into...