... this cri«i>: -I. Tlu Versailles Treaty. 2. Deflation the Bank England, culminating Mr Churchill's nctior. in tying to the gold standard. 3. The policy world’s bankers .n allowing rapid tall in world prices. 4. Exce#»*v« short term borrowing and long term ...

... advance another stiver. It is likely enough. We read a lot and puzzle our ¥rains day after day over such problems as the “gold standard,” the “‘monetization of silver,” ““parity of the exchanges,”” and the rmysteries of “Bimetallism’”; believing firmly that ...

... country become subjected to run. The effect our own position would serious enough to make us think twice about going oft the gold standard. The shock to confidence would check basinet* and aggravi .e the prevailing trade depression. ‘■England, said Professor ...

... THE GOLD STANDARD What It Means To You The gold standard is the International standard of value. On the gold standard an English pound will buy 4.84 dollars or the value thereof in the United States, 124 francs or the value thereof in F , and se on. Off ...

... succeeded-in restoring the gold standard after the war. hope-we are justified in our self-confidence f Vut pdint cut that in two essential respects our position is npt what it wits whenwe were struggling back to the gold standard in 1922-24.- In the first ...

... RESULTS INFLATION. Government that is off the gold standard can meet any Budget deficit l»y incrensing the note issue. The multiplication t)f currency notes ends prices, and increases the expenses of Government and unbalances the Budget again. More notes ...

... OUR OWN POSITION The effect on our own position would be serious enough to make us think twice j about gooig off the gold standard. ■‘The shock confidence would check buiness and aggravate the prevailing trade depression,” continued Professor Clay. The ...

... irst, that the shock of going off the gold standard would not dislocate and check trade far more than any inflation would stimulate it; and 1 secondly, that our competitors would not also go off the gold standard and reduce their wage-costs still more ...

... instant action had not been taken as regarded this soecific crisis, the sterling would have tumbled w'tnout control oil the gold standard. One day it would have been twenty shillings and the next day ten. “ Don't scare,” some Socialists shouted. I am not scaring ...

... the course it actually took, and going off the gold standard. If England went off the gold standard, tho first result would be,a flight from the pound. The right to gold on demand that the gold standard gave was guarantee to the holder of sterling that ...

... REPUBLIC TO MAINTAIN ITS GOLD STANDARD. Due to erroneous interpretations given by some reports published recently in the United States to tho new monetary laws of Mexico, the Mexican Embassy has detailed the essential points of the law in an effort to ...

... instant action had not been taken as regarded this specific crisis, sterling would have tumbled without control off the gold standard. One day it would have been twenty shillings and next day ten. Don’t scare J” some Socialists shouted I not scaring,” Mr ...