... transition from the Gold Standard to the system that was in operation in the years immediately preceding 1(BS. has been effected without any excitement, Yesterday reminded people that in the days before the re-adoption of the Gold Standard business went on ...

... oft the gold standard should be cheap money Internally. No one quite seems to know of any cogent reason why the Bank rata should have been raised. Bank rate Is lever to attract gold to the Bank tn normal times, but now we are off the gold standard the attraction ...

... London. They knew from experienze that an unbalanced Budget meant Inflation and that this country might have to go off the Gold Standard. The flight from the pound had begun. and in the middle of August last our gold reserves almost exhausted. The only remedy ...

... Labour Front Bench was most noticeable both* during questions and during the Back Bench attempt to delay the passage of the Gold Standard BUI. Then came Mr. Henderson's oUve branch which, though It bad the appearance of spontaneity, was greeted with suspicion ...

... Foreign Frees gears. Mr. Snowden, in submitting the Gold Standard Amendment Bill, recited what everybody already knew, and read the letters which passed between the Bank of England and blmself and the Premier on Saturday, stating that the Frencn and American ...

... tfc* Gowmoeiit U> eTaryttlßg to (Ziitwee tod work have already beea Whd by the fan that before tile £ «aa •Omd fo off the gold standard prepara- Kt» bad hero designed to protect the jutry from panic and to maintaia the coa- Uact reposed m it abroad.” After ...

... latter indicated foreign exchange quotations. For the moment, world-wide reactions resulting from our departure from the gold standard are obscured by virtual cessation of business, but the broad movement which may be expected In the future can gauged with ...

... help us. The time had come when ought to summon a world financial conference to deal with the breakdown our credit and gold standard system. Ta Protect Exchange*. He hoped the Government was now taking, would forthwith take, steps to ascertain what foreign ...

... 10 o'clock. The general feeling was one of relief that the £ sterling had not crashed, following the suspension of the gold standard. The Stock Exchange Committee met early to-day, and decided that the Exchange should be re-opened to-morrow. FLUCTUATIONS ...

... dispatch from Parts! “tainailc exchange between Mr. Snowden and M. French Minister Finance, the British decision “aailoii the gold standard was “munceo, Friday M. Laval received « letter r, now ...

... g comparison of average market prices various industrial sections as they were in 1920 (when this country was off the gold standard) and the relative prices now. 1 reproduce the table below:— Prices Section of Average Price 18 Sep.. Market. 1920. 1931 ...

... and the United States the country would have been plunged into disastrous election. We should not have stepped off the gold standard; should have sprawled off it. most responsible quarters it was denied that the bankers had given any advice against an ...