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Ramsay MacDonald welcomed by Neville Chamberlain and Paul Baldwin (ddr-njpa-1-918)
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 …