... be taken with foreign textile suppliers who are seeking to abandon contracts on the departure of Great Britain from the gold standard. A crowded and influential meeting of the wholesale textile trade was held in London to-day under the presidency of Lord ...

... BXPORT Kl. PREMIUM. More responsible members of the Stock Exchange have not subscribed to the view that by going oft the gold standard the trade dlßlculties of this country have been solved as bi a stroke ot the pen. In the near future second thoughts on ...

... Govenunent averted the dangers of inflation which invariably attend an unbalanced Budget when u country has lifted the gold standard. The Association, having repeatedly called the attention oi successive Governments to the danger of excessive expenditure ...

... BENEFIT (From Our Polltlo London. Sunday. Pirhuunt will to-morrow pees special legislation suspend At operation of Ute Gold Standard AO, am) to empower the Government b> take any necessary steps consection with it. The Bill will pass all its stages during ...

... reduction of the unnecessarily high Bank Rate so os to help Industry means cheap credit. He argued that the suspension of the Gold Standard bad removed the case for a high Bank Rate which means less trade, less Industrial activity, more unemployment, and lower ...

... hops thst it would last a long time. Now. since It was not a aatlonai Government. plumped for an early election, Let the gold standard, the Conversion Loan end India, pertlculary India go bang, said in effect What was wanted wet early Maotlon on the tariff ...

... German loans, however, were conspicuous exception. In their case it was rumoured that Germany had decided to come off the gold standard at once, but some heavy continental selling may have suggested this explanation. British Funds closed at the best of the ...

... Sunday night. rr>HE efforts the week-end which nave been made by the Cabinet and the bankers keep the country on the gold standard were pressed to the last ditch but did not succeed, and the chief responsibility for the failure must be accepted by those ...

... Swedish Match and Kreuger and Toll were marked down to accord with the new situation created by Sweden's departure from the Gold Standard. 1.C.1., tobaccos Molasses and the usually active counters were quietly firm. Sudan Plantations gave way further. Dab Is ...

... which has now been taken. To-morrow, when the House of Commons meets, the three clause Bill, making the changes in the Gold Standard Act of 19i5, and Indemnlfv- Ing the Bank of England, will be the first business. Mr. Ramsay Mae Donald will explain the ...

... England that has become necessary to suspend for. the time being tbe operation of Sub-section (2) of Section 1 of the Gold Standard Act of 1916. which requires the Bank sell gold at fixed price. • -*mu for this purpose be introduced Immediately, and it ...

... Inability of man to distribute and handle the benefits which Providence has showered upon him. “The plain tact is that the gold standard baa so worked that adequate means of payment are not available throughout the world. “All the gold has been’ centred in ...