Exhibit 23

                        CONSENT OF INDEPENDENT AUDITORS




        We consent to the incorporation by reference in the following
     registration statements of McDonald's Corporation and in the related
     prospectuses of our reports dated January 27, 1994 with respect to the
     consolidated financial statements and schedules of McDonald's
     Corporation included in this Annual Report on Form 10-K:


                               Commission File No.
                  ------------------------------------------
                     Form S-8                      Form S-3
                  ------------------------------------------
                     33-09267                      33-00001
                     33-24958                      33-40194
                     33-49817                      33-42642
                     33-50701                      33-50025
                     33-58840                      33-50695










                                                            Ernst & Young




     Chicago, Illinois
     March 29, 1994