... of the London Stock Exchange were naturally bewildered this morning with 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, howover, anticipate ...

... the world on the unprecedented situation created by the decision of the British Government temporarily to suspend the gold standard. FRANCE: In France the reception of the news has been sympathetic in the extreme, for painful recollections of their own ...

... crises that could be met by borrowing/ Major ELLIOT: When this country is upon the gold standard, then we know what we are borrowing against. When we are not on the gold standard, we do not know what we are borrowing against. Answering questions as to what ...

... importance at the present juncture were emphasised in the admirably lucid speech with which MR. Srrownztr introduced the Gold Standard Bill in the House of Commons yesterday. The first, and probably the most essential, is confidence—confidence in our ability ...

... IN THE PROVINCES. ' The Gold Standard Is Not a Necessity of Life. The president of the Glasgow Chamber , of Commerce, Mr. Hugh G. Cree, address• ing, the chamber on Monday, said: We must remember that the goad standard is not a necessity of life, and ...

... that they believe that for this country a system of true Free Trade was undoubtedly the right one, but that under the Gold Standard system true Free Trade had ceased to exist here. The true remedy for the national commercial difficulties, is that we ...

... In Great Britain were told in plain and simple lanrue night by Mr. Snowden what the Government's decision to opend the gold standard mean& Addressing the public by wireless the Chancellor of the Exchequer ID We mast expect fo see over the next few months ...

... Es..hegte.r on Monday aftetnoon when, in the House of Commons, he explained why it was necessary tempo:36ly suspend the gold standard. The reassuring sentence was heard by a crowded house, which reprepstml oery state of the nation. s, , a , ed over the ...

... FINANCE AND TRADE. EFFECT OF GOLD STANDARD DECISION. DISORGANISATION OF INTERNATIONAL TRANSACTIONS. THE CLOSED STOCK EXCHANGEUNOFFICIAL PRICES FOR LEADING SHARES-SHARP JUMP IN COMMODITIES. ...

... present, and will give a further breathing space to consider the new situation created by the temporary suspension of the gold standard, which cuurse, under the circumstances, the Government was forced to adopt. A gratifying feature of the situation is the ...

... GOLD STANDARD SUSPENSION. more gold reserve of the Bank to go. That is a question to which both the Government and the Bank of Eng:and gave anxious and careful consideration. If it had appeared that the drain could have been stopped by the exportation ...

... for the time l-eing. Its course naturally reflects the feeling abroad concerning our momentous decision to abandon the gold standard and simultaneously advance the Bank rate to the penal level of 6 per cent. Throughout the clay the exchange value of the ...