In the United States, the conference between Hoover and Laval was an exercise in mutual frustration. Hoover's plan for a reduced military had been rebuffed, albeit gently. A solution to the Danzig Corridor problem had been retracted. The concept of introducing a silver standard for countries that left the gold standard was viewed by Laval and François Albert-Buisson as a frivolous proposal. Hoover thought that it might have helped "Mexico, India, China and South America", but Laval dismissed the silver solution as an inflationary proposition and added that "it was cheaper to inflate paper.""Memorandum of Conference with Laval", Stimson, Diary, 23 October 1931.
