ABSTRACT
A new imperial conference meets in London, where the assembled delegates of the dominions gave their consent in the principle to revise the imperial preference for a trade agreement with the United States. The state department objects uncertainty regarding the exchange rates that suppresses the international trade which delay the recovery. The plank on international trade, Hull claimed, "Republican terminology almost word for word". But the economic internationalism keeps Roosevelt's landslide electoral victory over Landon to take bolder steps during his second term. Roosevelt's believe that rearmament serves the cause of economic recovery and national security in the ambitious plans for aircraft production. The administration enjoined world leaders to disarm, to embrace free trade, to uphold international agreements, to abjure aggression, and to solve international differences peacefully. Economic distress brought the ascendancy of militarists and sanctions by exacerbating that distress that puts the warmongers solidly in control.
