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... FULL REPORT OF THE GOLD STANDARD DEBATE. R. SNOWDEN, in his statement to the House of mons on the Bill to amend rZGold Standard Act of L‘S, said : — This is a Bill for the lgorary amendment of the Standard Act of 1925, and fmendment takes the form of ...
... M OTORISTS will be affected especially by the Government’s suspension of the gold standard, for foreignmade cars will be kept out of this country and the prices of British cars may be expected t> go up. This is the opinion of ex perts in the trade, and ...
... agamst an election, which was that it would defeat our efforts _to maintain the gold standard,, have, of course, gone by board. ! ' We have been forced off the gold standard by the panicky action of foreign imvestors, who were influenced, not by fears of ...
... fact that the pound is no longer or the gold standard makes us actually neither richer nor poorer. If a great new goldfield had just been discovered, this country would have been able to rgmain on the gold standard, but our wealth would be no greater. ...
... freight market was almost idle pending settlement of the foreign exchanges following the action ot the Government over the gold standard. The few fixtures arranged were at previous rates. Fixtures: — ...
... Preventing Hardship. Major Elliot: When this country is upon the gold standard then we know what we are horrowing against. When we are not on the gold standard we do not know what we are borrowing against. Answering questions as to what was the mechanism ...
... the London Stock Exchange were naturally bewildered this morning owing to the news that Great Britain had suspended the gold standard. They naturally knew that conditions at the end of last week were bordering on chaos. They did not, however, anticipate ...
... the situation had become so serious that 1t was quite evident it could no longer be dealt with except by suspending the gold standard and so the Bank of England addressed a message in the following terms to the Prime Minister and myself :— ...
... for the time being. = Its course naturally reflects the feeling abroad concerning our momentous decision to abandon the gold standard and simultaneously advance bank rate to the penal level of six per cent. Throughout the day the exchange value of the £ ...
... iKELY TO BENEFIT TRADE. WS OF NORTH-EAST INDUSTRIALISTS. | * 4= ¢ Government’s decision to sus- the gold standard was much Ssed in industrial and commer- Ircles yesterday. the main, the view of traders and tfacturers is that the measure is a Eflary emergency ...
... admonitory toward unintelligent —gold hoarders, abroad, who by now will have discovered the folly of their policy. The gold standard is like fire and other things—a good servant while it is a servant, but a bad master. And when other people won’t play ...
... in all parts of the world on the situation created by the decision of the British Government temporarily to suspend the gold standard. ’ In France the reception of the news has been sympathetic in the extréeme. The French Government has never ceased to ...