Ramsay MacDonald welcomed by Neville Chamberlain and Paul Baldwin

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Dennis M. Ogawa Nippu Jiji Photograph Collection
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ddr-njpa-1-918 (G346.011)

Nippu Jiji Photograph Archive, "Gaijin" Collection

Caption on reverse [translation]: "Conqueror of the Lausanne Conference Proudly Enters the British Capital. (London) Rengo. British Prime Minister Ramsay MacDonald resolutely led the way during this significant conference and successfully limited German reparation payments to France to the sum of 3 billion Marks, a small amount when compared to 184.7 billion Marks, the total sum to be paid over the period from 1931 to 1988 under the Young Plan. Most of Germany's debt has been effectively written off [...] turned into bonds [...]. This unexpected success aids the recovery of the world economy and raises the battle cry of 'the Lausanne Conference - the first step foward in overcoming the global depression' towards those fearful about the economy. He received the welcome of a triumphant general as he returned to the British capital of London on July 10. Photograph: Mr. MacDonald being welcomed by Neville Chamberlain and Paul Baldwin at the station as he enters London."

c.1920s-1930s

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Hawai'i Times Photo Archives Foundation

Courtesy of the Hawai'i Times Photo Archives Foundation

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