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REASONS FOR FAILURE

... REASONS FOR FAILURE. Tlte gold standard has now failed hopelesslv as it was bound to because at the time when this and other countries returned to it; (1) There was unexampled increase in the world’s productive capacity due to technical improve meats; ...

Published: Tuesday 22 September 1931
Newspaper: Sheffield Independent
County: Yorkshire, England
Type: Article | Words: 882 | Page: 10 | Tags: none

Mhat Did the Chancellor Mean?

... have accepted the suspension of the gold standard almost with relief. Anything, they say, is better than the uncertain atmosphere of the past fortnight, and they add that after all we have been on the gold standard for barely six years, and British industry ...

brake on dealings and preventing panic selling. It may even be that when the Stock Exchange is re-opened for ..

... have to sign form giving their explanations and reasons for withdrawing money from London. In other words, now off the gold standard, it will necessary to keep strict check the remittance of funds overseas. The following are the approximate rates available ...

Published: Tuesday 22 September 1931
Newspaper: Sheffield Independent
County: Yorkshire, England
Type: Article | Words: 601 | Page: 4 | Tags: none

RECOVERY ASSURED

... measure would not affect the normal business of the country. The Government had been forced by circumstances to go off the gold standard. There was no reason why we should not be once again on an even keel provided that the finances of the country were ad ...

Published: Tuesday 22 September 1931
Newspaper: Daily Mirror
County: London, England
Type: | Words: 110 | Page: 6 | Tags: none

DOOMED ?

... your face or your clothes with it, neither can you drink it“ Britain off the gold standard.” History of the gold crisis.”— No more gold to be sent abroad ” —“What the gold standard means.” From newspaper headlines of this nature, we—the public—have gathered ...

Published: Tuesday 22 September 1931
Newspaper: Lincolnshire Echo
County: Lincolnshire, England
Type: | Words: 732 | Page: 4 | Tags: none

WITHDRAWALS ACCELERATE

... position had become so serious that it was quite evident that it could no longer dealt with except by the suspension of the Gold Standard Act, and so the Bank of England addressed a letter to the Prime ...

AMERICAN VIEWS

... AMERICAN VIEWS. The suapenston of the gold standard by Great Britain is generally regarded in a faverout».ble light the American newspapers The “New York News'’ congratulates Great Britain on “having done the right thing promptly with solid public opinion ...

Published: Tuesday 22 September 1931
Newspaper: Shields Daily Gazette
County: Durham, England
Type: Article | Words: 134 | Page: 5 | Tags: none

NO REASON FOR SUBSTANTIAL DROP IN

... providedand this is vital—that the finances of our country are administered with proper care. It is one thing to off the gold standard with unbalanced Budget and uncontrolled inflation. It is far less serious to take this measure not because internal financial ...

Published: Tuesday 22 September 1931
Newspaper: Leeds Mercury
County: Yorkshire, England
Type: Article | Words: 152 | Page: 5 | Tags: none

Conservatives and Election

... established itself at new level. The IX.P. succeeded detachiaig the Trade Unionists from Mr. Henderson and in holding the Gold Standard Bill, despite his assurance that it was acceptable to the Socialist Party. The Opposition front bench abstained when 112 ...

Published: Tuesday 22 September 1931
Newspaper: Sheffield Daily Telegraph
County: Yorkshire, England
Type: Article | Words: 157 | Page: 5 | Tags: none

VULNERABLE DEPARTMENTS

... rise, for one of the most noteworthy results of a depreciation in sterling such as has followed our departure from the gold standard is the temporary stimulus which will be imparted to our export trade. There are, however, certain domestic problems which ...

READERS’ VIEWS

... READERS’ VIEWS ON THE CRISIS. END OF GOLD STANDARD URGED. READERS’ views ou various as is facing are given in the foil Sir, —May 1 express a point view which, at this juncture, cheerful if still unorthodox, though it has seemed to me for a long time past ...

Published: Tuesday 22 September 1931
Newspaper: Sheffield Independent
County: Yorkshire, England
Type: Article | Words: 417 | Page: 10 | Tags: none