... September 5 from ' jrold standard reservo in England , against gold transferred in India from paper currency reserve to gold standard reservo , amounted to £ 1 , 372 , 400 , and from April 1 to September 5 , £ 17 , ^ 88 , 104 . Sales of sterling / or tho ...

... far morc than it would be by “dole” or wage cuts or by taxation. It is to avert the danger of our being forced off the gold standard by such a crisis as that which has overtaken Germany that is the task of the new Government by patting the nation’s finances ...

... money market was a closed book to most of them. When people began to talk of a fall in the price of sterling. about the gold standard, and about the mobilisation of the capital resources of the county, then they began to feel embarrassed and on the edge ...

... country did not realise how near to the edge ot the precipice it had been, made the following points:— ' Had we gone the gold standard it would not have been a question ot a per cent. reduct.tou in ueuelita. You would still nave got your paper pounds for ...

... money market was a closed book to most of them, and when people began to talk about the fall in the value of sterling, the gold standard, and the mobilisation of foreign securities, they were apt to think that these were mysteries which they could not possibly ...

... have a fixed coinage value, which in England, under the Bank Charter Act of 1844, is 17s 10id. That is the meaning of the gold standard. Its purpose is to secure stable rates of exchange between the countries of the world. This is not the place or time to ...

... their capital and four-fifths of their interest have been taken away by the depreciation of the Had we gone off the gold standard, wages, pensions, and all incomes would have followed that course, and it is impossible to say at what point would have ...

... nature. The country, he said, did not realise how close to the edge of the precipice it had been. Had we gone off the gold standard it would not have been a question of a 10 per cent, reduction in benefits. You would still have got your paper pounds ...

... been taken as regards this specific crisis the position would have been that sterling would not merely have gone off the gold standard , the pound sterling would not have had its content of gold diminished to a certain extent by careful management ; it would ...

... country, said, did not realise how close to the edge of the precipice it had been. Thrown Into Chaos, Had we gone off the gold standard it would not have been a question of a 10 per cent, reduction benefits. You would still have got your paper pounds for ...

... problems and face the facts. Mr Ernest Bevin said this country made the biggest blunder in its life when it returned to the gold standard in 1925. He declared that the Budget will add nearly 10 per cent, to the commodity value of the National Debt. I told ...

... been taken as regards this specific c . the position would have been that Alerting would not merely have gone off the gold standard, the pound sterling would not have hail its content of gold chimeielted to a certain extent I y careful manage. meat; it ...