... PARLIAMENT AND THE GOLD STANDARD. THOUGH_ the Government Bill to suspend the operation of that section of the Gold Standard Act of 1925, which requires the Bank of England to sell gold at a fixed price, only became law late yesterday evening, in effect ...

... SOUTH WALES. EXPORT TRADE AND THE GOLD STANDARD. The extent to which the export trade may be stimulated as • result of the suspension of the gold standard is the absorbing topic of ' discussion in the South Wales coal trade. The first effect, however ...

... coal trade is mainly with foreign countries, 70 per cent. of the production being shipped abroad. The suspension of the Gold standard is looked upon se a factor likely to disturb the foreignwise coal export trade, said Sir David R. Llewellyn, the head ...

... there is an absence of anything that can be called panic, or even alarm. There is a belief that the fall away from the gold standard will even have something like the effect of a moderate tariff, but it is also said that the change will prove beneficial ...

... prices. In the Humber steam eoal market exporters of Yorkihire and Midland coal are confident that the su-pension of the Gold Standard Act will lead to the shipment of coal from Hall, Inuniiigbam, Grimsby and Goole to northern European, Mediterranean and ...

... at a standstill. as operators were compelled to await the settlement of the exchange following the abandonment of the gold standard. A limited amount of chartering was reported, and con. sisted mainly of the acceptance of firm offers made before the week-end ...

... issue! in London, state that with the prospect of some diminution in foreign imports following the departure front the gold standard, We (hr ire to agent° tle public that New Zealand will :take an unprecedented effort to increase the supplies of food to ...

... NEWCASTLE. A CHEERFUL NOTE. It was inevitable that the first shock of the gold standard decision should result in a cessation of export business in the local coal trade, but it was rather surprising and pleasing to find that it did not result in any panicky ...

... being given a filip consequent upon the lower value of the pound on the Continent. The effect of the suspension of the gold standard and the corresponding lower basis of the pound is equal to reduction in price of British coals exported. ' Advices have ...

... CARDIFF., The abandonment of the gold standard cat.sed a considerable antoutit of uncertainty during the past week, and, by reason of the cautiousness it iaduced, kept chartering within very narrow limits. Despite the natural disposition on the part of ...

... are hopeful of an expansion of business with foreign countries as the result of the effects of the abandonment, of the gold standard . by this country; in the meantime, however, the demand is no better, and business generallyis restricted. The shipping ...

... position, but they realise that if other Continental nations follow the example of Denmark, which has already abandoned the gold standard, the benefit expected by the coal trade in this country may be largely neutralised. In the meantime there is no improvement ...