... AMERICA CONGRATULATES BRITAIN. THE RIGHT THING DONE PROMPTLY. THE BRITISH COVERNMENT'S decision to suspend the gold standard still continues to have widespread repercussions in all the financial markets of the world. In view of the Chancellor's comments ...

... Broadcast Reassurance. AVOID PANIC! Snowden, Chancellor of the Exchequer, broadcasting last night on the suspension of the gold standard, said: The consequences are bound to be disagreeable; in some ways they may be serious, but they will not be disastrous ...

... 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 ...

... moment that the free TrtJo Liberals and the Socialist Opposition were congnatulaw themselves that tho departure Irom the Gold Standard had postponed election indefinitely, the (Jon mittec of the Club were meeting and deciding on (oro! an immediate appeal ...

... METALS, Sept. 21.—Bank rate raised to 6 per cent. Following on the intimation that this cuontry had departed from the gold standard all commodity markees were strong to-day, and seller* were naturally shy. Copper opened an advance about £l, and prices ...

... elsewhere , brought about a . situation which had forced tho Government to take tho serious step of temporarily suspending the gold standard . Thoro is so much authoritative advice in tho Press this morning , added Mr Cree that I would only emphasise tho duty ...

... increased in ' the hope of further results . For instance , if , as is expected in many quarters , the suspension of the Gold Standard gives an impetus to trade , as it should do after the first uncertaint y has subsidedthe number of unemployed will be ...

... been allowed to subside , that Britain is merely reverting to the position which sho was in before the resumption of the gold standard in 1925 . Unfortunatel y , the Opposition are still refusing to admit the need for economies , though their leaders had ...

... apart from occasional rain or showers ; cool during day : sround frost locallv at night . ( P- 5 . ) Government and Gold Standard In a broadcast talk the Chancellor of the Exchequer declared that the British Budget was now the most securely balanced ...

... ' , in a talk which lie broadcast from 11 Downing Street last night , on . tho Government ' s decision to suspend tho gold standard . Tho British Uudgol , tho Chancellor declared , was now tho most securely balanced Budget in the world . Though the value ...

... which was sent out from tho National and Regional transmitters , said that Uio consequences of tho suspension of the gold standard wore bound to be disagreeable ; in some ways thoy might bo serious , but they would not bo disastrous or catastrophic ...

... returned too quickly Io tho gold standard , and so fan : as tho linen trade is concerned it- hus not been so prosperous since tho war as when the £ 1 sterling was worth only about , four dollars . As soon as tho gold standard was adopted Continental linen ...